What does an investment bankers budget look like on a monthly basis. As I have looked into other forums on this topic I see that there isn't much left after each month and they didn't account any student loans into their budget. What would a budget for someone with 50k in student loans? Is it possible? Any response will help.
| +102 | [2026 - October] Unbiased Prestige Rankings | 61 | 17h |
| +94 | Who is the final boss in Houston Energy? (GS, JEFF or EVR) | 36 | 9h |
| +84 | You should probably leave IB | 28 | 16h |
| +46 | Tomorrow Will Be Better | 5 | 5d |
| +46 | Why Do We Turn Comments? | 11 | 1d |
| +41 | Moelis PCA vs Lower tier BB Coverage | 32 | 5h |
| +34 | Banking (Un)fortunately Still Needs You: My Case for Bankers in the AI Era | 9 | 13h |
| +28 | UBS IB #24 in US M&A in 2026 | 10 | 1d |
| +27 | Lateraling as Analyst | 25 | 1d |
| +24 | How much should you ask questions / seek feedback as an intern? | 9 | 1d |
Career Resources
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.
Let me share my analysis.Hopefully this will get some more responses. BB IBD base is 85k, which is ~3,500$ on a semi monthly basis (pre-tax), approximately 2450$ post taxes (at ~30% tax rate). Which leaves us with 1225$ per week. 450 (rent) 30 (utilities) 30 (MTA Pass, but you'll probably get an employee discount)
70 (groceries) 200 (student loan-- could pay of 11,000$ a year) 15 (gym, unless you're a stickler for the Eucalyptus Oil scented towels at Equinox :P) 60 (lunch x6 days) 40 (misc. clothes,whey protein, toiletries etc.) 80 (eating out, partying etc.) Total weekly expenses - 925$ Weekly savings - 1225-975 =~150$ That's about 9,000$ a year. Conclusion: This is probably what we'd call a Bear Case scenario. You'd probably be able to pay off your loans in 6-7 years only with your base pay savings. Don't forge the year end bonus and the hefty pay check when we move to PE.
Anyone else wants to share their views ?
That seems pretty reasonable. You forgot bonus though, which OP could use to easily pay down any debt.
Quas et expedita vel unde ut et temporibus. Doloribus odio earum modi placeat sed aut cumque et. Quod dolor id maxime quia. Aliquam dolores tempora tenetur vel molestias harum. Soluta minima aspernatur quas assumenda iure libero. Temporibus et minima occaecati praesentium nihil. Quibusdam officia odit accusamus quis odio voluptatibus.
Et eveniet est adipisci aut laudantium. Ab deleniti officia suscipit necessitatibus.
Ea eveniet et corrupti est. Esse dolores inventore eum voluptas laborum.
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...