well i'm pretty sure FTI & A+M have restructuring analysts.

..how about base salaries for associates OR analysts?

jws43yale:
I can't answer the question but I do know they are viewed more as "accountants" than "bankers". As such I would expect their compensation to be below Wall Street average.

heh..I believe the proper term is "Consultant" and back in my college days, big 4 was paying competitive base salaries compared to wall street firms (ib, research, ops, etc)...around ~55 to 60k

------------ I'm making it up as I go along.
 

Salary at FTI 2008 in Boston was 55k with 10k sign-on...I can reverberate the earlier comment about Alix not having analysts. They only higher folks at the VP level with at least 3 years of experience in restructuring or operational turnaround/crisis management

 
sdasgupta5:
Salary at FTI 2008 in Boston was 55k with 10k sign-on...I can reverberate the earlier comment about Alix not having analysts. They only higher folks at the VP level with at least 3 years of experience in restructuring or operational turnaround/crisis management

thanks

------------ I'm making it up as I go along.
 
Best Response

Unless you have very little experience pre-MBA, you should be applying for a Director role, not SC. FTI's progression is Consultant (~3 years), Senior Consultant (~3 years), Director. Given that FTI does not really have a formal MBA recruiting process, I don't think there's a major distinction between SCs with MBA vs. without as there is at Deloitte for example. SCs without MBA generally are paid $90-95k base with a bonus of $10-15k. Directors fall in the normal MBA range of $130-135k base and $20-25k bonus. It's possible they have a MBA-comp-level SC role these days but that would be a new development.

 

What was described and told to me by my peers (from several different firms in the space) regarding salary:

"In good times, you're not as busy as the M&A guys, so don't expect their level of bonuses. In down times, we need to scale back our expenses."

True story.

 

Et et corporis illo ut libero soluta. Facere aliquam placeat temporibus maiores. Distinctio odio praesentium accusantium maxime minus. Labore velit optio dignissimos quasi unde libero.

Voluptas molestiae et excepturi perspiciatis. Eos dolores quia doloremque nobis. Ullam vel nihil tempora alias fuga ipsum voluptatum. Qui quia possimus esse ut asperiores animi consequatur. Id eos eum totam veniam et tenetur.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
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...”