Investment Banking Summer Analyst Salary
For those of you who just got offers, or who got your offers last year, what is your salary? Curious to see how internship salaries in IB compare to SWE salaries. Thx.
Please give info on the type of bank you are interning at as well (ex: MM vs BB vs EB), or the name of the bank itself if you are comfortable sharing
$20 an hour + 1.5x for overtime, expecting 70-80 hours per week. At a MM.
2023 CIB BB SA (houses CIB & IB together)~$39/hr + OT 1.5x for training period. After training, 80k prorated. 2.5k sign on. LCOL
just say wells
JPM CIB. LCOL
$48 per hour + 1.5x for overtime. 3000 relocation stipend.
Where?
Pretty sure Truist pays that amount.
85k prorated, $40/hr + 0.5x OT, $2,500 bonus - BB, NYC
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$40/hr, 0.5x OT Premium, $7500 scholarship, $2500 relocation bonus, BB NYC
Credit-Suisse
non-diversity doesn't get scholarship fwiw
$30.24 per hour with 1.5x OT. $2000 relocation. LCOL city
West Coast Satellite, Canadian BB, ~$2K per week / ~$50 per hour.
110k prorated 7.5k post tax bonus, 2.5k taxed relocation bonus. Non hourly. BB
that bonus for SA or FT?
SA
$76K prorated ($21/hr 1.5X OT ~ 60hrs/week) - $2K housing stipend - NYC BB
Wtf how are ppl getting so much… BofA IB NYC is paying $20/hr and $30 OT
That's crazy, and I was upset about being stuck at 85k prorated
Not true. I got $30.24 for Houston. BofA as well.
30 an hour 45 overtime for this summer bofa ib nyc
wtf are different interns getting different offers? are u junior or sophomore SA? my sophomore SA at bofa is $21/hr $31 OT so maybe that explains it
Wells Fargo IB summer analysts get paid $40/hr and $60/hr overtime. This is for their NYC, Charlotte, and SF offices. Also a relocation check of $1,400.
How many hours overtime is expected at Wells? Generally?
Like all other banks, it’s pretty group dependent. Lighter groups are probably around 60hrs. Groups with better deal flow around 80hrs. Close to analyst hours.
120 prorated + 2.5 bonus at eb
110k prorated, MM IB
105 prorated
SA 23: 120K prorated, 3K relo, EB SF.
140k prorated, EB focused in fintech
FT partners isn’t an EB LMAOOOO
Does FT actually pay 140? What’s up with them?
That extra 40k is going to have to go towards depression meds.
100k prorated
50
NYC SA, boutique renewables. $28hr base, 1.5X on 40+. 2000 sign on bonus. Expecting 70-80 hours
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