Salaries in Investment Banking (with bonus) |
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Job Level | Salary Range | Typical All-in Comp | Prerequisite (degree/yrs experience) |
First Year Analyst | $90K - 150K | $125K | Bachelor's |
Third Year Analyst | $120K - 350K | $165K | Bachelor's |
First Year Associate | $150K - 250K | $180K | MBA |
Third Year Associate | $300 - 500K | $350K | MBA |
Vice President | $350K - 1MM | $700K | 3-6 years |
Director / Principal | $400K - 1.5MM | $900K | 5-10 years |
Managing Director / Partner | $500K - 20 MM | $1.5 MM | 7-10 years |
Department head | $800K - 70MM | $3.5MM | 10+ years |
Note: This table is based upon conversations with banking insiders about yearly bonuses expected to be paid between December 2010 and February 2011. MM denotes millions. K denotes thousands of US dollars.