Street SA Comp
What is street summer analyst comp for 2024/2025? Trying to figure where my offer stands in comparison.
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Based on the WSO Dataset for 2015 IBD Summer Analyst Compensation, the pro-rated base salary for Bulge Bracket banks was as follows:
Please note, this information is from 2015, and compensation figures for 2024/2025 are not provided in the context. However, it's common for compensation in investment banking and related fields to adjust over time due to inflation, market demand, and firm performance. To get the most current compensation figures for 2024/2025, I recommend checking the latest posts on Wall Street Oasis or directly inquiring with industry professionals.
Sources: 2015 IBD Summer Analyst Comp, Other route besides Summers for 2024 grads?, 2023 Sales and Trading Summer Analyst Salaries (NYC), Summer Analyst 2019, anyone still hiring?, Summer ‘22 opportunities for 3rd year summer?
Most places are ft comp prorated ($110k base) with the exception of some bulges that are hourly and GS who is $85k prorated I believe. Signing bonuses vary firm to firm but are anywhere from $0-$5000ish for regular non-diverse hires. Some places give higher signing bonuses to diversity hires like I know PWP gave $14k to diversity hires my year and $4k to normal intern hires I believe
How is it even legal for firms to give more money to "diverse" candidates?
Its probably a lie.
From my diversity friends who received extra comp, I can assure it is no lie.
What if they lied lol, there's really no way to verify what they're saying is true - it's either a lie, exaggeration, or misrepresentation (they got some scholarship or money from some programme and they are misrepresenting it as a "signing bonus").
Is this true? Incoming SA at PWP - PM me.
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