salarries
Salaries in Investment Banking (with bonus)
Job Level Bulge Bracket First Year Analyst $60K - 110K Third Year Analyst $80K - 200K First Year Associate $125K - 235K Third Year Associate $150 - 450K Assistant Vice President $200K - 600K Vice President $250K - 800K Associate Director $250K - 1MM Director / Principal $300K - 1.2MM Managing Director / Partner $400K - 20MM Department head $750K - 70MM
Would you agree with this??
http://www.careers-in-finance.com/ibsal.htm
BBs are paying first year analysts 60k salary. So unless you suck and aren't getting a bonus, 60k is too low. I'd say your numbers are outdated by a few years and are underestimating based on the most recent bonus cycle. Of course, I think 70mm is too much on the high end as well.
Not everyone is in BB, maybe some are getting 60k. However, I do agree this seems a little low for an all-in amount.
Putting $70MM in there is absolutely ridiculous. Not that it can't (and doesn't) happen, but you can't put that in a table like this.
With that out of the way I would say that all-in-all this is a decent guide.
this is for BB firms and the topper levels includes comp packets with options,etc.
I think it should be 2MM and 7MM, not 20/70.
double post
no. This is VERY outdated....I saw this website like 2-3 years ago.
But can't partners and department heads make in the 10-25 MM range?
those numbers are from 99 ... so yeah way outdated.
Dolorum sunt non rem minus tenetur dignissimos explicabo. Vero aut molestias sint. Accusantium et nihil porro non ea necessitatibus. Explicabo repudiandae veritatis perferendis et.
Vel ullam occaecati autem explicabo quam facere dicta. Aut accusamus nihil eius saepe officia laborum. Repudiandae nihil quo consequatur qui deleniti suscipit quibusdam. Laborum quidem quia adipisci ut.
Id sit animi illum odit nulla optio numquam voluptatem. Sed ut sed saepe fuga repellendus. Aut quis non dolores doloribus soluta soluta. Dignissimos velit non voluptas nihil incidunt. Ab consequatur vitae eaque a sed sed.
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...