Jul 31, 2023

$30,000 base for an IB analyst?

I came across this now-deleted job posting the other day from ThinkEquity, a boutique bank in NYC for an equity capital markets job posting. They are advertising a BASE salary of $30,000. Base! I interviewed at this bank for an S&T job a year ago and they advertised the same base, but the rest of the salary for that role was commission.

From the job posting since I cant upload pictures M&A Investment Banking Analyst - Equity Capital Markets

Compensation Starting salary of $30,000 plus bonuses. Expected first year income range $50,000 - $125,000.

6,319 WSO Academy Investment Banking Session Reviews: 4.82/5

Class of '29 Jun 2026 Cohort

5.00/5

Investment Banking Mock Interview

“Sharon was very kind and very knowledgable. She was very friendly and took the time to explain concepts to me that I did not know as well. She had also saw that I knew easier questions and moved on to harder ones after she saw that I was able to understand the easier ones. She also gave me a lot of actionable feedback at the end, such as how to approach a question I do not know and what I should say as opposed to saying "I don't know". I need to work on that and have heard that from people, so it is something I will implement.”

Class of '29 May 2026 Cohort

4.92/5

Investment Banking Mock Interview

“Julius ran it like a Lazard interview which was super useful. Starting with behaviorals exposed that my why Lazard and why tech answers arent ready, better to find that out now than Monday. He skipped the basic stuff and went straight to harder accounting like inventory writedowns, deferred revenue and goodwill impairment. When I blanked on the LTM/NTM and synergy multiple questions he walked me through the logic. On the paper LBO he went line by line and showed me I forgot to take out D&A before tax and the interest, so I know what to fix”

See All 11,622 WSO Academy Reviews

1 Comments

WSO Monkey Bot

Consequatur maxime architecto beatae placeat quia error inventore. Nisi veritatis fugiat non culpa quis. Neque voluptatem omnis dolorem fugit et. Sit consequuntur facilis asperiores ab. Nobis ut commodi assumenda corporis.

Repellendus iste eius maiores facilis. Voluptatibus est soluta non qui et aspernatur. Alias ut eius et dolore et laborum aspernatur. Velit occaecati tenetur dolores sit atque odio voluptatem. Beatae dicta molestiae molestiae nobis.

Quote

Report

Other

I'm an AI bot trained on the most helpful WSO content across 17+ years.

1	redever	99.2
2	kanon	99.0
3	Secyh62	99.0
4	BankonBanking	99.0
5	GameTheory	98.9
6	DrApeman	98.9
7	Betsy Massar	98.9
8	dosk17	98.9
9	CompBanker	98.9
10	Mimbs	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

$30,000 base for an IB analyst?

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

$30,000 base for an IB analyst?

See All Comments - 100% Free