Question regarding salary for first year analysts

Hey guys!

My roomate got an offer last week from a boutique investment bank in New York. They have some good deal flow and have about 5 people total. Starting salary is 50k though.. is this unfair? should he bargain for more? he has an offer from JP Morgan that pays 85k (non-investment banking). He really wants to go down banking path, how would you negotiate the offer?

thanks

Comments (2)

Nov 9, 2017 - 9:13pm

- WSO Monkey Bot
- Rank: Human
- | 11,367

Sybilla, bummer your thread hasn't had a response yet. Maybe one of these threads could point you in the right direction:

Big4 First Year Salary+Bonus Does anyone have any info on big4 Transaction Services and Advisory salary for first years? In New ... York, I assume less thanl BB IB but is it even close? Cant find much info on it. analyst bonus Salary ...
Best place to live on first year analyst salary What are the best places to live in/near NYC, if you work in the financial district? Thanks ...
Salary negotiations- first year: bad idea? So I've recently received an offer for a full time position at a big 4 and have noticed that ... my salary is the same as what I am making as an intern. I was wondering if one can try to negotiate ...
First year analyst offer- comp optics question My firm offers first year analysts (targeting Ivys and other top schools) base salary of high 50s ... with perf. bonus of up to 20-25% for "top bucket". Not sure if we do a signon, but if we do ... were a hustler? What if you liked the 50s place "better" than the 70K? Thanks for the ...
Should a Third Year Analyst and a First Year Analyst Be Doing the Same Work? Chimps, Simple question, should a third year analyst be doing the same work as a first year ... move on or just suck it up and stay until associate? analyst 3rd Year Third year 1st Year First Year ... middle of the afternoon. I get it...still an analyst, but what's the point in staying <
What I Wish Every First Year Analyst Knew Chimps, after working with all of our first years at our firm on several deals, I've found ... that I'm frequently getting asked for tips and tricks that I wish I had known as a new analyst ... As I've shared this with the first years at our firm, I've made it very clear that my goal ...
Lowest first year analyst salary you have ever heard? What's the lowest you guys have heard? analyst salary ...
More suggestions...