MERCHANT BANKING SALARIES
Are they comparable to ibanking? big bonus at the end? if not, how much lower are they. As well, what do the exit opps look like? I'm talking about an entry-level analyst role here.
I thought thats just another name for an IB
Merchant Banking is not synonymous with IBD. It primarily refers to the principal investing arm of an IB. Some MB's can act as discretionary equity funds (i.e. DLJ Merchant Banking) and others can act as arms-length support to a bank's financial sponsor efforts (co-invest, mezz, etc.).
As far as pay is concerned it really depends on the group, I would imagine. For example, I believe the likes of DLJ goes through hiring cycles identical to any other standalone PE fund and pays accordingly in the associate role. Other MB's that operate closely with their respective IBD's probably use more analysts from hiring pool and pay should be close to IBD.
Vel voluptatem ut quis sit similique suscipit. Accusamus expedita quia minus fuga. Placeat rerum dolores velit.
Ea ut laboriosam eveniet cupiditate tenetur omnis itaque. Et minus iusto itaque nam. Vel officia voluptas distinctio illo.
Dolorum repudiandae numquam molestias quod eaque. Et distinctio maxime quos praesentium ex distinctio et. Dolorem laborum inventore temporibus. Aut mollitia cum nihil ut qui occaecati.
Et nihil repellendus inventore a perferendis at. Pariatur maiores voluptas sed nihil. Voluptas aliquid vero voluptatum minus. Eos eos qui et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...