First-Year IB Analyst Comp, Realistically
At a bulge bracket bank in a major financial hub, a first-year investment banking analyst typically starts around 100,000 to 110,000 dollars in base salary, with a bonus that can add another 50,000 to over 100,000 dollars depending on the bank and the year. Elite boutique banks often pay a bit more in both base and bonus to compete for the same talent. The catch is the hours: 70 to 90 hour weeks are common, which puts the effective hourly rate well below what the headline number suggests.
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