Might be true for Bocconi and HEC retards, who otherwise would have to deal with shitty salaries in their respective financial cities, but many Continental Europeans don't even consider Londonistan.

Si vis pacem, para bellum
 
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Morgan Stanley, London:

1st Year Analyst: 

Signing: £6,000

Base: £50,000

Bonus: split into 5 buckets, ranging from 50% - 90% base with optional team top-up. Most people are in third bucket i.e. around £35,000 bonus 1 year after joining

2nd Year Analyst: 

Base: £55,000

Bonus: Same structure as above, 2nd year analysts more likely to get higher bucket bonus as the ranking is done across all analysts (i.e. 1st and 2nd year analysts all ranked together)

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (89) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
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