MM/boutique ibanking 1st year analyst salary/bonus? negotiation?

jagr07's picture
Rank: Chimp | 14

Looking into a couple of offers, one in IBanking, others consulting, etc. Was wondering what is considered "market" in terms of salary and bonus for a middle market or boutique Investment Bank for a first year analyst (right out of undergrad). And are there generally opportunities to negotiate? Any help would be greatly appreciated.

Comments (4)

May 20, 2011

This has been beat to hell. www.wallstreetoasis.com/frequently-asked-questions

Short version: smaller banks are much more variable in terms of compensation

May 20, 2011

in my experience, outside of NY, SF etc ,at small 10 - 30 person firms, pay is 5k sign, 50-55k base and 10k - 20k bonus.

5k negotiation room. I was laughed at when i through out 70k base.

May 20, 2011

MMs usually are close to street so a true MM i.e. Piper Jaffray, Suntrust should be 70K base, 10k sign on and a decent bonus close to BBs. By boutique do you mean like Moelis, Evercore, Lazard or 10-30 man shops. Pay is very variable there as sk8247365 said.

May 20, 2011
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