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WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
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Medical/Dental insuriance is free at most banks. I.E. you don't have to bite out of your 60k. Withholding calculator: http://www.yourmoneypage.com/withhold/fedwh1.cgi
I made about 60K base two years ago (as an engineer, not a banker). My takehome was about $3800 per month ($13XX every two weeks) after taking out $100 per pay check for 401K contributions. Free medical/dental etc... If your living in NYC I would expect a little less with the city taxes and all.
Do bankers get paid on a bi-weekly basis or do we only get a paycheck at the end of every month? How does this work for summer analysts?
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