Salary negotiation

Hi guys, I have cleared 5 round of interviews for an IB job (associate level) and have now a conversation with HR about compensation who requested proof of my compensation at my current company.

I come from a different industry and my current salary is about 50% of the average for IB associates in my location.

Is HR going to use my current salary as baseline for an offer? How does it work? Should I negotiate and what should I expect?

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“I wanted to share some feedback on my sessions with Andre. Andre has deep knowledge of investment banking, and he approaches every topic very strategically. His guidance while I was preparing my interview stories was especially valuable. One thing that stood out was that even a week after our previous session, Andre remembered me and everything I had shared about my background and goals. That meant a lot to me and made our sessions much more productive. He is also very direct. He tells me clearly what works and what doesn’t, which is exactly the kind of feedback I need. At the same time, he is funny and witty, so working with him is a lot of fun. Our sessions almost always run longer than scheduled, because Andre makes sure we cover everything properly before we wrap up. He is very dedicated and very patient, and I really appreciate the time and effort he puts in. I leave every session with Andre feeling clearer and more confident about my preparation. Thank you, Andre.”

Canadian University Dubai

Class of '30 Sep 2026 Cohort

5.00/5

Investment Banking Why [Industry] Review

“Amandine is a really helpful mentor for my situation as it was really easy reaching out to her via WSO and scheduling a session and her advise was really helpful and i'd love to learn more from her experience as she's very experienced and very kind and has wide market understanding and is very nice .”

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Smoke Frog

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Authored by: Certified Investment Banking Professional - DirectorCertified Investment Banking Pro

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1	redever	99.2
2	kanon	99.0
3	BankonBanking	99.0
4	Secyh62	99.0
5	DrApeman	98.9
6	dosk17	98.9
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8	CompBanker	98.9
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10	Mimbs	98.8

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Salary negotiation

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Salary negotiation

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