Salaries in Investment Banking (with bonus)
Job Level Bulge Bracket
First Year Analyst $60K - 110K
Third Year Analyst $80K - 200K
First Year Associate $125K - 235K
Third Year Associate $150 - 450K
Assistant Vice President $200K - 600K
Vice President $250K - 800K
Associate Director $250K - 1MM
Director / Principal $300K - 1.2MM
Managing Director / Partner $400K - 20MM
Department head $750K - 70MM
Would you agree with this??
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http://www.careers-in-finance.com/ibsal.htm
BBs are paying first year analysts 60k salary. So unless you suck and aren't getting a bonus, 60k is too low. I'd say your numbers are outdated by a few years and are underestimating based on the most recent bonus cycle. Of course, I think 70mm is too much on the high end as well.
Not everyone is in BB, maybe some are getting 60k. However, I do agree this seems a little low for an all-in amount.
Putting $70MM in there is absolutely ridiculous. Not that it can't (and doesn't) happen, but you can't put that in a table like this.
With that out of the way I would say that all-in-all this is a decent guide.
this is for BB firms and the topper levels includes comp packets with options,etc.
I think it should be 2MM and 7MM, not 20/70.
double post
no. This is VERY outdated....I saw this website like 2-3 years ago.
But can't partners and department heads make in the 10-25 MM range?
those numbers are from 99 ... so yeah way outdated.
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