So I hear a lot about how some banks have good comp or bad comp, but what are the actual numbers here for analysts in all years for both salary and bonus? Wondering based on the type of bank. From my understanding, this is what 1st year analysts are GENERALLY paid, but feel free to correct me if I'm wrong or off (some are definitely dart throws). Insight on how it scales until the associate level would be helpful as well. Thanks. MM: salary 80k, bonus 40-60k boutiques: salary 80k, bonus 40-60k bulge: salary salary 80-90k, bonus 30-50k elite boutiques: salary 80-90k, bonus 60-80k
02 Sep 2020
Hi all, Anyone have intel on base pay / bonuses for first-year analysts @ Landmark Partners? It's a secondaries PE firm based in CT, I know they're one of the biggest players in the space but haven't seen any figures on comp on here yet. Just trying to get an idea of how it stacks up against BBs, direct PE, etc. Thanks.
28 Sep 2020
After looking at the official salary sharing thread on Reddit for CS majors, I am pondering whether or not to dive further into tech now. https://www.reddit.com/r/cscareerquestions/commen…
17 May 2020
Let's get a nice chain of 2020 comp data from folks in the credit and equity research space. I'll start: Title: Credit Research Associate (1st year) Rank: Bottom, first post-MBA job Firm Type/Size: Buy-side, $200B AUM Base/Bonus: $110/45 City Description: low COL city in U.S. Looking forward to seeing how everyone fares for 2020. 2019 thread: https://www.wallstreetoasis.com/forums/equitycred…
18 Feb 2020
Wanted to see if anyone had any ideas or roles which pay over $80k out of college in Charlotte, NC. I realized the typical salary is less than what I see online because Charlotte has a lower cost of living than many other financial hubs. If you have any roles or information, please post them below.
18 Jul 2020
Hi fellow monkeys, Received an offer in CB (housed with IB) with a large European Bank - my base is on par with IB but obviously bonuses will be lower. Was curious to see if anyone has any insights into what bonuses are like for CB in NYC (Not BB). Thanks
28 Jan 2020
As a disclaimer, I go to a highly ranked school, so I'm sure there's some inherent selection bias here. Still though, one of my roommates who graduates this year and is doing Applied Math just told me he closed down a $275k offer from Google. $125k base, $400k stock/4 years, $50k signing bonus. Are these actually legit numbers? If so, wtf. I took exactly the same classes as this guy, did basically all the same math/statistics. Shit, I even mostly use Python because Excel is a pain in the ass. I thought my offer was really good, getting into a top tier IB division with a clean $120k plus
20 Jun 2019
Hi all! I am thinking of doing a further study and moving into quant space on the sell side. Could anyone give a picture of the career perspective as a Quant Analyst in London? For example, how quickly it could climb up along the career ladder like analyst, asso, vp, d, md. And what is the general / average compensation structure like currently at different levels? Many thanks!
10 Nov 2020
Answer the following question honestly: have you considered a career in/working in banking due to humanitarian reasons. If you answered no - thats ok because you are likely in the majority. I never considered this aspect when initially embarking on banking. Banking has never really been seen as a humanitarian role, such as the likes of being a doctor, activist, teacher etc. If you answered yes, with reference to how it plays a crucial role in the functioning of the economy, jobs etc then thats respectable. I want to dig deeper. I want to hear genuine thoughts on the following points. I have
27 Oct 2020
Hi does anyone know how much of a salary boost you can get if you have both your CFA and MBA in Canada? Background info: I'm a recent graduate and work in Big 4 Consulting (in a finance-specific group) making $70k a year. Writing CFA L2 in 2021 and have a BComm in Finance so completing an accelerated MBA in the next couple years will be wayyy cheaper and faster for me than doing a regular MBA. I'd really like to do both, I'm the first woman in my family to go to university and grew up in poverty so it's just something I've always wanted to accomplish given where I was before (aka not doing it
21 Oct 2020
I was recently offered a position to join the valuations desk of a MF PE Shop. I am from a nontarget and my ultimate goal is to eventually go to a M7 program for my MBA. Would taking this BO job hinder my ability to make that transition? Also, does anyone have any numbers into how compensation is paid out in non-junior level roles? (How much associates, and Directors make). Debating if I should take this role for the prestige or go work in a CF role for a Fortune 10 Company. Any help is appreciated. Thanks.
12 Feb 2019
Let's talk about the 2015 - 2016 year bonus. Please list the firm, level, salary, bonus using the following format: JPM, S&T, A0, 150k base, 175k bonus (75% cash, 25% stock) investment banking pay 2016 Feb 1st update: Here is a compilation of the salary & bonus #'s thus far (pulled from comments). Citi, A1,150k base, Mid Bucket 100k bonus (80% cash, 20% stock) Citi, A1, 150k base, Top Bucket 130 bonus (80% cash, 20% stock) Credit Suisse (CS), IBD, A1, 85k base, stub 25K (100% cash) CS, IBD, A2, 90k base, Top Bucket 67.5k bonus (100% cash) CS, IBD, A2, 90k base, Mid Bucket 50-55k bonus (100%
06 Sep 2018
Hi there, I am an enthusiastic new joiner. I recently received an offer from UniCredit Italia to join the IB division ..well I did not really receive it yet but, according to what my interviewer told me, I am very close to get the offer. That said, how Will the offer look like??...40k 50k 60k. ..is that going to be an all-in offer?? The interviewer told me that my position is likely to be "second year analyst"... I am really confused... I understand that these questions can sound ingenuous...however I am not an investment banking guy, not yet at least...rather I used to work as a statistician
02 Sep 2020
How did your salary progress/change throughout the course of your career? I think it will be interesting/helpful to see to show younger guys what's realistic. EX: Acquisitions (Dallas) Year 1: 60k + 10% bonus + $5k signing bonus Year 2: 67k + 20% bonus etc.
24 Sep 2018
I'm a senior at a top tier college looking for first year analyst roles in CRE. My internship was not in real estate, but I have the REFM levels 1 and 2 certifications. I have an offer at a medium sized family office in Orange County (real estate team is ~25-30 employees, probably $1-2b range) which does acquisitions and development of large office/industrial/mixed-used properties. The firm has explicit plans to grow aggressively in the coming years. There is no formal analyst program, so my offer was as-needed to round out one of the geographic groups. Hours at the firm are very low (half day
03 Oct 2018
As the title suggests, would greatly appreciate it if someone can shed some light into the firm (i.e. deal flow, comp, exit opps, reputation, etc). Understand they're one of the few renewables focused advisory firms in the US (aside from Marathon Capital and Greentech) but that's pretty much it given there is limited information on the web.
11 Jun 2019
Can you have a public social media account such as Instagram if you have a career in banking, or any other finance field, and post pictures of your lifestyle, yourself, etc. Will people in the industry see this as something bad or will it not even matter? What are your thoughts on how a top finance professional should manage his social media account(s)?
06 Feb 2018
Does anyone have numbers on current base / bonus rates for HF analysts out of IB programs (1-2 years out of college)? Since HF pay is less uniform than banking / PE gigs, it'd be useful to collect some data points. Given the variability in HF pay, it would be great if you could include AUM / fund size as well as a description of the fund if possible (single vs multi manager, long vs long/short, etc) so we can get a sense of what the current figures are like across the board.
11 Oct 2018
Hi everyone. I wanted to get some candid advice from all of you about a job I'm thinking about taking. It is a VC role at a top-tier firm. I'm being directly hired as an associate (so I'll skip the two-year analyst role). My only concern is that I believe that the salary is slightly low. I'll basically be making a little less than 100K on an annual basis. I know that this is a unique opportunity but I have a number of banking offers that would allow me to make your typical BB type salary. However, I strongly want to be in VC long-term. This VC role would clearly set me up to be a partner well
19 Dec 2017
We all know that Investment Banking is difficult to get into, and very time consuming once you are in it. You guys all work hard for your money and spend many hours of your day just trying to juggle in tasks without messing up. So how do you guys feel when there are: * Teenage Rappers making more money than you, without having a proper education and just using slang words over a beat with tons of bass, and charging $50k per show at a crappy night club. (Lil Pump.) * Athletes making tons of money (Kevin Durant, Lionel Messi, Lebron James, Odell Beckham Jr) while living the life with
21 Sep 2017
How much is total compensation for a 1st year analyst at HFF? (Salary + Commission + Bonus?) Assumptions: South East City, Debt/Equity Placement Team Any insight/thoughts would be great, thank you in advanced!
13 Dec 2017
Is it me or is the pay of a junior analyst considerably lower in London compared to NYC? After doing some research I saw that the pay for a 1st year analyst was: In London: 50k£ + 20k£ bonus = 70k£ = 84k$ In NYC: 85k$ + 50k$ bonus = 135k$ Can someone tell me why?
27 Aug 2019
Hey! I've heard that the base salary for a first year analyst in London is 50K pounds with a bonus around 20k-30k... Is this correct? These numbers seem extremely low compared to the salaries in NYC.... Why is that? And are they any benefits in working in London compared to New York?
26 Aug 2019
Hey all, I feel as though there's the chance I'm underpaid in comparison to my peers. Thus, I would appreciate WSO's feedback on the matter. To summarize at a high level: High(est) COL Region 7 years total experience 5 years total "finance" experience: 3 years BB middle office ops (past), 2 years FP&A (current) Base Salary: $83K Bonus Target: 10-12% Title: Analyst (this might be the driving issue, my company has a very weird hierarchy where they rarely if ever higher direct from undergrads so there are people in their late 20's with prestigious MBA's at Analyst and Senior Analyst level)
25 Sep 2017
I will be completing my MBA in Denmark next year coming from the USA, and was curious if anyone knows the salary compares to USA? There is higher vacation and benefits for Scandinavian countries, and pay does seem to be lower, but how much lower? What would the salary differences be for PE? IB? MBB? AM? I would like to work within Asset Management, and as I have fallen in love with Copenhagen I would like to stay, but am not sure if I will just end up with sub-$100K salary as a first year associate? Anybody have any insight?
29 Jan 2019
What is typical pre-MBA compensation at a VC firm in a major market (e.g. SF, NYC) after two years of IB or consulting? I've heard the total comp is lower than PE, but looking for information about typical base salary, bonus, and carry ranges.
05 Jan 2018
Hello all. I'm a Director in a MM PE fund and my review is coming up. I've got the Heidrick & Struggles PE compensation report for 2016, but are there any other reports/analyses you would suggest in order to get a sense for what market base/bonus/carry is (by fund size, AUM, region, etc.)?
01 Jan 2018
Hey everyone, just curious to know if incoming full-time Analysts are compensated during training? Of course, we've received our sign-on bonus, but are we given our salary during the 7 weeks of training as well? I'll be at an EB.
16 Jun 2018
Hey guys - going to be earning 95,000 pro-rated as a SA in NYC (I'm not a NY resident normally). That works out to ~$1,830/week. How much can I expect to take home post-tax? I know I could just apply the tax rate, but I'm not sure if there are any funky withholdings, etc. Thanks
25 Mar 2019
Mod Note (Andy): Best of Eddie, this was originally posted in January 2011. When women get together with their friends and talk about the new guy in their life, one of the first questions that always comes up is, "What does he do?", which - let's face it - is code for, "How much does he make?". Your salary matters to women. Going all the way back to caveman days, women have always sought mates who could protect and provide. It's no different today. But in today's world of empowered females, why does your salary still matter so much? Professional women today earn as much and sometimes more than
03 Oct 2015
Hi All, What are some of the best paying / worst paying banks in New York. When reading about banks people are always complaining about pay. I've heard rumors about many banks (good and bad) and don't want to start recruiting at banks that don't necessarily pay well.
21 Mar 2016
Just curious as to the typical salary range for each "level" in an organization within the FP&A function. At what point, bonus included or not, should you be approaching $100K annually? What, in your opinion, is fair market value? Thanks!
05 Jul 2016
Currently a junior regulator at a global Stock Exchange. Strong academics (Russel Group LLB) although no professional qualifications. However, I am pursuing the internal CFA program, given the supervisory nature of my role. Majority of my work is fairly simple and broad. This includes everything relevant to running an MTF; supervision of trading (via terminal), IPO DD, advising financiers on transactions, macro and thematic work and supervision of the CF firms itself. As the only junior, I have been promoted fairly quickly and accordingly expect my salary to stagnate for a while (to put it
02 Jan 2020
What is the CURRENT salary for 1st, 2nd, and 3rd year analysts in the Private Bank at JP Morgan? Also, what was the range of bonuses for each of those classes last year? Thank you.
06 Nov 2017
Hey guys, I'm set to start a full-time Wealth Management Analyst program at a top BB next year in New York (HQ) after having gotten a return offer from my internship. There isn't much transparency out there on WM salaries or career progression on these official home office analyst programs-most salary info on forums or Glassdoor pertain to branch RIA WM firms, not analyst programs, so they're quite a bit lower. Can anyone who's gone through this program give me some color? Starting salary for me in 80k+10k bonus, but I want to know if that increases on a year-to-year basis. Thanks!
23 Dec 2019
For anyone who missed the latest GoBuyside compensation report, it looks like the numbers are in: $125k is the current standard in base pay for 1st year pre-MBA associates for the middle market on up. This makes sense given that 1st year IB associates now make $125 base w/ ~$225+ of all-in comp. However, unlike in banking where everything is standardized, there are plenty of exceptions in PE, both on the high end (Kelso, Apollo) and low end (KKR), for funds of any size. Now that most of the mega funds and upper MM funds have filled their 2018 classes, I figured it'd be helpful to get some data
04 Feb 2017
What do you guys think? This would be very useful to many of us.
20 Feb 2015
Let's try to keep a running list going as people go through full-time recruiting and even starting for internships next year. The following list is just from people I know personally. Feel free to expand in the comments. Confirmed pay jump: Goldman Credit Suisse Wells Fargo Morgan Stanley
21 Sep 2014
For fellow MBAs out there who are interviewing with IBD or taking an IBD offer, what numbers have you been hearing? Seems like most banks are offering $125K base+$50K signing bonus.
10 Oct 2014
Hi, I was offered a development associate position in West Los Angeles with a starting base salary of $82,000 and ~$3,000 in bonus, 3% 401K match after a year, no car reimbursement, 70% HC paid for. This position will be handling multifamily development projects of about 50 - 100 units each. I will be responsible for the underwriting and acquisitions of sites, day to day entitlements, consultant issues, hiring consultants, representing the ownership on the job site with the general contractor, handling bank draws, representing the ownership on GC change orders, etc. I have 2 years experience
25 Feb 2016
So I have an interview set up with a real estate company (development, construction, investment, management). I am wondering what salary range this job is in. The factors are: one hour outside of major city (think allentown pa, stamford ct type place) company is around 200 employees projects are non residential and range from office buildings to campus buildings to downtown renovations. revenue appears to be under 100MM I am one year out of MBA Any thoughts on what I should say when I get the inevitable salary question. thanks.
26 Nov 2014
Hi guys, I've got an offer at a small PE fund in London and I was wondering if the pay is ok or not. The fixed salary will be between 35k and 40k GBP, on which the bonus as well as a participation in the carry. I don't have previous full-time work experience, but I do have a Master degree. Do you think that matches the salary at other places? Anyone willing to share his/her analyst salary?
16 May 2016
-Straight out of undergrad from west coast semi-target well-known for Real Estate -Privately held, small-mid sized real estate private equity shop **looking for what to expect in terms of salary plus bonus. Received an offer of 60k plus bonus. Is this in line with what is normal? Any input would be appreciated. Thanks.
12 Mar 2016
I currently work as a mid-level corporate finance manager at a F500 and make $93k with no bonus. I know that I am vastly underpaid and the average pay for someone with my education/experience is about $130k with a 20% bonus, so I'm interested in making a move to another company. The problem I have is that every time I talk to a recruiter, one of their first questions is "How much do you currently make?" As soon as I tell them I only make $93k with no bonus, they immediately set the bar at that level and say that they can get me $95k to $100k with a 10-15% bonus even though I'm qualified to
14 Jun 2014
I'm expecting an offer from a NYC boutique. It doesn't appear to register much on prestige scale but office is lavish /high rent for what's that worth. My research puts range in 110k to 140 k base. But that info comes mostly from the biggest firms. So am I out of line for saying 140k ? Thanks .
24 Nov 2014
Would you leave your familiar, management consulting job before hitting 2 years for a role at a fun, but risky, startup? Professional Situation: 1.5 years at a Tier 4 (if that's a tier) healthcare management consulting firm. The name of the firm carries somewhat in pharma but not really anywhere else. There's a small chance that I'll be promoted in 2 months. I plan to apply to b-school in 5 months and have not asked for letters of rec from my current manager. If I stay, I might be able to land a letter of rec from a partner at my firm. The client work is no longer appealing to me and the work
06 Apr 2017