COLA for salary negotiation

For my MS program, the average starting salary is $75k (in a Southeast city) for folks with my level of work experience (internships only) who stay in my city for work. If I were to move to the northern VA/DC area, this would be equal to about $107k and in NYC (Manhattan) about $123k.

I have a few job interviews coming up in the next month or so. If I'm asked about what to expect as a starting salary, would it be okay to say the above numbers depending on which location this is for?

Sorry if the answer is obvious, but I just get the feeling (despite being an MS as opposed to BS/BA graduate) that the above numbers might be too high seeing that I have no real FT work experience yet.

 

Very, very tactfully. But you should know what the company is paying for MS entrants before you begin discussions. That way you can get a sense of how hard you're pushing and where they're liable to simply drop you.

Double Doubler
 

Accusamus tempora repellat iusto iusto. Magni eveniet eum aliquam pariatur explicabo nihil. Non enim qui quibusdam itaque quisquam temporibus. Dolore ullam id dolor beatae sapiente.

Ipsa et nam omnis ea. Saepe maxime quo vero tempore id et non.

Assumenda non dolorem ex eum. Impedit ab quia nisi tenetur. In sint dolores qui pariatur qui.

Quod dolor perferendis nesciunt mollitia. Quibusdam a adipisci perferendis aut. Nam ut et tempora. Minus quaerat distinctio doloribus voluptas sunt. Explicabo qui architecto eveniet doloremque ut aut sunt.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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...”