Nov 13, 2020Nov 13, 2020
WSO Elite Modeling Package
- 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
- Elite instructors from top BB investment banks and private equity megafunds
- Includes Company DB + Video Library Access (1 year)
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Total Avg Compensation
February 2021 Investment Banking
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Director/MD (9) $911
-
Vice President (31) $349
-
Associates (158) $231
-
2nd Year Analyst (97) $151
-
Intern/Summer Associate (92) $144
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3rd+ Year Analyst (23) $145
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1st Year Analyst (366) $131
-
Intern/Summer Analyst (304) $82
Comments (3)
Guess you have never worked in Milan, but I can tell you that many times the difference comes from the nature of the work
e.g. Many internships are for MM Advisory at BBs (UBS works for their wealth management clients...)
Additionally there is an oversupply of interested & educated eager students at Bocconi, Politecnico di Milano and Luiss which makes it easy to attract talent with low pay
That´s why every Italian tries to fly away to London which grants more opportunities and better pay (also COL is too high in Milan for that salary)
Is it true that in Milan base salary is between 30-40K EUR?
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