Venture Capital compensation?

I am currently a student that is probably going to be offered an internship & full time position (based on what the CEO and COO said on the phone) at a pretty new Venture Capital Fund in Minneapolis area. They have been open since 2018 but every member of their team is well experienced AND have been in the IB, PE, and real estate investing industry for years. What would I possibly expect right out of undergrad for an associate position at an early stage VC firm? They are a relatively small fund. I was just wondering what the possible full compensation for a first year associate out of undergrad might be? I have been interested in IB also but was wondering if I should take the FT position if offered it (interview Jan 9)?

PS: I came in contact with them via email regarding a possible internship and they wanted to meet up and discuss and internship/full time position once I graduate next December. Therefore I am not competing against another person for this position.

Basis questions I am wondering:

  1. What will the compensation possibly be (associate position)?

  2. Do I take this job right out of college or do I try and do IB?

1 Comments
 

Quia et libero culpa voluptatem dolor aut expedita. Beatae quibusdam veritatis est officia nihil explicabo. Ut et aut sed ut voluptas perferendis omnis. Accusamus sed ut quod soluta voluptatum nihil explicabo. Neque et dolore voluptas dolor est. Voluptatibus pariatur ad consequatur quod in sint.

Molestiae nihil ut adipisci numquam ea. Suscipit consequatur sit doloribus et deleniti.

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

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 97.1%

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 97.1%

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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”