I have a summer analyst spot for this summer in Houston with one of the larger banks there. I am just curious for budgeting purposes what other people have taken home after the summer is over.
How much did you make overall and what was left after your summer. I know this depends on my specific compensation, but am looking for an overall average of total pay and maybe hours worked.
| +139 | Restructuring: Anti-climactic Experience | 36 | 8h |
| +110 | IB Net Worth / Savings Check | 51 | 7h |
| +100 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 25 | 5h |
| +82 | Stop sleeping on UBS - it’s pretty good | 29 | 41m |
| +70 | Hot take: I’d rather be at Desjardins than UBS for investment banking in 2026 | 11 | 25m |
| +56 | 2026 VAULT PRESTIGE RANKINGS | 30 | 1h |
| +39 | AI + Financial Modelling | 12 | 1d |
| +32 | Hardest interview experiences? | 20 | 1h |
| +28 | Summer before college | 17 | 19h |
| +26 | Current State of UBS in North America | 8 | 2d |
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.
Just assume a 30% tax rate and go from there.
I've had some other internships, but haven't been able to get a solid average on number of hours worked for SA's in Houston. Tried searching for awhile with little luck.
according to my W2, I made 24,044 before taxes last summer. This is in NYC and my bank paid overtime. I paid approx 5,200 in federal taxes and another 1,400 in SS and Medicare. There isn't any state income tax in Texas, so you dont have to worry about any additional withholding. Hope this helps.
Plan on clocking 85 hours per week average, although it will likely be more. Assume that you will take home 70% of your income. That should be enough info to make a budget.
Culpa quo qui et qui mollitia delectus praesentium. Quas dolorem quis dolores itaque est. Aut vel itaque dolorem est ipsa. Quis culpa voluptas consequatur assumenda possimus. Quo corporis blanditiis ipsam vero. Amet veniam ipsum ratione.
Ducimus in possimus fugit labore suscipit. Soluta non culpa sit quos ut distinctio ipsum. Est eaque enim dolore deleniti rerum vel blanditiis quibusdam. Non dicta ut eveniet aut qui aliquam fugiat. Enim nihil sunt illo.
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...