for all the FT22's getting into the thick of offer letter season, let's give advice on starting salary/bonus figures. What should they be looking for? How low is too low, what looks like a great deal? Let's discuss! (ideally NYC / high COL figures).
| +81 | Q&A - Buyside Equity Research Analyst/PM | 29 | 1w | |
| +32 | How the heck do you learn all of this stuff? | 10 | 1d | |
| +28 | My experience on the sell side | 20 | 2w | |
| +24 | Clues in Financial Reporting Analysis | 7 | 3d | |
| +17 | Am i fairly compensated? | 9 | 4d | |
| +14 | Data Science to PM | 8 | 1w | |
| +14 | Heard they don’t model at Oppenheimer | 10 | 2w | |
| +12 | ER - Remote Jobs? | 8 | 6d | |
| Equity Research at Bank vs IG, High Yield & Leveraged Loans Research at Asset Manager | 4 | 2d | ||
| +11 | Who uses sell-side Strategists? Are they valuable? | 4 | 1w |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Hey Intern in AM - Other, I'm here to break the silence...any of these links help you?:
More suggestions...
Hope that helps.
bump pls
Bump
Recently signed at a top ER shop everyone has heard of for FT22. $100K base, $10K signing. MD said to expect $25-$35K bonus, the associate said $30-$40K. All in, expecting $135-$150K First Year Comp. This is NYC.
Would be curious to hear about other data points.
What is a "top ER shop"
Shops well regarded for their research quality and with a high concentration of II-ranked analysts. Think BOfA, JPM, EVRISI, Wolfe, Bernstein etc.
Kudos! This is the most competitive package I've seen. After speaking to a series of analysts, it seems that contingent on COL, base ranges 70-90 with a roughly similar bonus structure. One question, is signing bonus typical in ER?
$25k to $40k was also the bonus range I heard a few years back
nice to have this datapoint for a brand name firm when some people out here are claiming $60k bonuses (BS) for first year ER guys
.
what does SA mean? 40% bonus in which sector? sounds a bit too high tbh.
.
Can confirm 40% bonus at london BBs is not uncommon.
can confirm last year new grads in research received 50k + fixed 65% bonus for everyone
bump up to 65k for 2022 grads
Sounds like GS? Damn, that's a hefty bonus for ER.
Sapiente exercitationem aut commodi. Quis sapiente quia vero earum. Assumenda in dolor placeat praesentium dolorem. Dolorem ut ea neque et placeat.
Officiis omnis provident quia. Voluptatem voluptates ea dolore qui. Unde doloremque error recusandae aut. Nobis voluptas eos consequatur voluptate dolor voluptas. Quisquam quia sit asperiores ipsam facilis soluta. Explicabo sint consectetur ducimus aut officiis. Veniam quia asperiores voluptatem itaque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...