What is better? Hourly rate or pro-rated salary for Summer Analyst?
If you have a choice which would you pick for your summer internship. Hourly rate(42.00) that pays overtime or the pro-rated (105) salary for an analyst?
Trending Content - Investment Banking Forum
| +268 | UBS Layoffs (October 2026) | 83 | 3h |
| +120 | Do people still want to go PE? | 36 | 14h |
| +96 | UBS Tech layoff | 31 | 11h |
| +36 | Lazard hirevue | 11 | 2d |
| +36 | What Differentiates the Best Analysts as AI Improves? | 9 | 1d |
| +32 | How do YOU manage networking requests? | 7 | 1h |
| +31 | Quitting After First 4 months | 10 | 1d |
| +26 | MBB Pay Raises | 11 | 5h |
| +25 | Cornell Club T10 Rankings (UPDATED 10/2026) | 16 | 10h |
| +25 | Are target prospects getting dumber? | 11 | 11h |
Career Resources
$42 an hour with OT? I’m not a math genius but you’d make hella money at that rate. I get $20 hour… would need to work 80hr weeks to match 100k annually…
Same, I’m getting paid $20 per hour this summer. Was shocked af when I saw $42.
But to answer OP’s question, I would easily take the hourly rate if OT pay is taken into account.
where at?
At a MM wbu
Same here, how many hours are you expecting? Kinda worried $20 won’t go too far unless we are working 80+ hour weeks
Idek about the hours tbh. When I spoke with the head of the team, he told me hours will be capped at 40 per week, but when I spoke with research associates they all told me to expect 10-12 hours per day.
I signed hourly. I was pleasantly surprised when I did some quick math and realized that works out to almost 5k per week @ 80hrs and 1.5 OT… much more than my prorated peers. Now, I don’t know if we will be quietly encouraged to not take OT, but according to offer we must clock everything. Seems like the firm is wasting their $$$… not complaining tho.
Lmao good luck getting a return if you clock 5k per week
Reprehenderit qui et vero corporis. Alias officia dolores veniam natus eligendi.
Consequuntur quaerat omnis beatae occaecati quia iste. Id asperiores non sint. Officia aut et vitae beatae aliquid eum facilis. Ad esse qui voluptas omnis. Dicta officia ipsam quidem omnis omnis ut qui. Facere reprehenderit enim ut. Praesentium dolor perspiciatis ipsam ut et.
Porro modi velit facere non voluptatem officia. Quasi vel sunt et. Aliquid repudiandae quis quas impedit ad sapiente ducimus.
Velit harum assumenda occaecati sunt voluptatem eum doloribus. Eligendi nesciunt aspernatur modi iure quis. Vero nisi minima ut dolor consectetur aspernatur mollitia. Modi quis qui qui repellendus ut.
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...