What is the typical compensation range for a first-year investment banking analyst?
Please tell us what the common compensation range is, what the components of comp are, and how a student would decide if they're getting a reasonably attractive offer.
Some common parameters that might be helpful: assume that the range is for a job straight from college based in New York city. If you have perspectives on other locations, please share that with us as well. #finance #investment-banking #compensation
The answer has changed over time, as profits in the financial services industry have fluctuated. What is clear is that if you are working in New York for a major investment bank, an analyst straight from college is being offered anywhere from $100-$130k before bonus. Bonuses are very hard to predict because they are usually based on market conditions, but can easily add several tens of thousands of dollars on top of that base range.