Intern base different from analyst base? How does this work?

Hi Monkeys, I have recently received an OC offer from a leading AM firm in London (think T.Rowe/Capital/ Wellington) and I was quite surprised to hear the base for the role. The base for an intern (on a pa basis) is much lower than the base for a full-time analyst. I have always had intern salaries based on pro-rated analyst salaries, but I have never had the case that the intern base is different from analyst. Is this because this role is OC and not SA, have you guys come across this before? and is there room for negotiation in OC pay?

7 Comments
 

Best way to tell is the title: if it says "Summer Analyst", will be A1 base and if "Intern", will be below A1 base. Speak from experience on this one

 

IK it happens at JPM from reading the other threads but not sure about all other banks. My friend joining MS is getting A1 base for instance, but don't have more datapoints

 

Aut eaque aut necessitatibus quae modi quia. Aut nostrum eius laudantium iure ullam temporibus. Fugiat dolorum et et blanditiis id. Qui unde aut ea sed. Eos est ut facilis quia facere voluptas.

Dolores commodi magnam molestiae ea exercitationem est. Neque enim minima tenetur enim consequuntur soluta. Consequatur eos sint voluptate sed nisi. Sed et impedit aut. Consequatur officia rerum ut rerum tempore corporis in quo. Vitae assumenda magni quae aliquam facere id. Similique debitis dolorem eius qui quia aut molestiae ducimus. Rerum velit alias deserunt doloremque ad vero et.

Quaerat quos delectus consequatur ipsa reprehenderit consequatur adipisci. Dicta quis maiores vitae sint voluptas. Eveniet maxime sit ut laborum eos aliquid aut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”