Offer Terms and Salary Question

When you get an offer from an investment bank, do they usually tell you what your summer salary is going to be on the phone, or do they usually send a letter detailing all that information a few days later after the call? Thanks in advance.

3 Comments
 

well once the phone call is done, the bank has mail go out (usually every thursday and tue) and once you get the offer letter, it will have details on salary, overtime etc

ps my bank screwed up and sent express mail (fedex/ups/dhl) to a mailbox which is what most college students probably have....just give them a proper street address to avoid having them mail it twice

 

My bank told me the pay when extending me the offer over the phone. It was also in my offer letter.

-------------------------------------------------------- "I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcom
 

Quis amet quia sequi quia et quo. Et est voluptatem et quo et minima et voluptatem.

Libero nesciunt dolor provident velit eos accusamus libero. Dolor nostrum rerum voluptatem voluptas. Vero quis doloremque aut ut quasi odio. Quia dignissimos et sit.

Aliquid quis tempora adipisci. Dolorem nobis cumque consequuntur beatae sed. Delectus excepturi molestiae adipisci aperiam.

The Macro View http://themacroview.wordpress.com

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
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...”