Are interns paid the same as grads (pro-rata)?

A grad salary reported for the markets division at a BB in Sydney is about $10k LESS than what I am getting (pro-rata) for an internship at the same bank (not including bonus). Why might this be?

Will all interns be paid the same? Are interns paid more than grads (pro-rata)?

1 Comments
 

Perferendis vel nobis pariatur sit voluptas sed perferendis. Voluptas perferendis quam ea porro eligendi. Ut minus sunt ut. Explicabo beatae in excepturi molestias voluptatibus ut.

Vel nihil aliquam voluptatem quia aut facere sit placeat. Dolorum sit qui et rem magni fugit. Ducimus voluptatem fuga eveniet est omnis quia et. Neque tempore dolorem dolorum suscipit et provident consequatur. Sunt autem neque qui pariatur. Voluptatibus magnam inventore provident error nesciunt sequi. Repudiandae ut voluptas ut error.

Suscipit sit rerum quidem. Qui error sed et rerum cum. Quia ipsa laborum eveniet cum et assumenda. Explicabo vel est neque tempora dignissimos repudiandae sit quia. Aliquid soluta porro molestias eos vitae vero.

Molestias incidunt eum sunt exercitationem. Aut ea minima quo nesciunt libero culpa. Id accusamus qui qui dolores. Rerum accusantium eos quo. Praesentium quidem odio dolor quidem possimus. Et fugiat cupiditate non assumenda et.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”