What the typical post-MBA Investment Banking Associate yearly comp at bulge bracket banks in the SF Bay Area (TMT)? How much lower is the compensation at middle market and boutique banks? Also can someone give me a typical breakdown of the comp (base, bonus, equity etc.?)
What kind of role gets paid this?? I want to switch. Is it PE? M&A? If I get an MBA can I switch from SWE to IB?
This is IB either in leveraged finance, M&A or industry specialist. Yes get an MBA if you want this. The hours are grueling 70 hours average. The people are also a bit more abrasive than at technology firms
By New York standards, base for an associate is around 100k with 50k bonus
Incorrect
That’s more like analyst pay
Health & Wellness
9h
3781
Why are women naked in gym?
Cars
Yesterday
1740
Why are Americans obsessed with SUV?
Layoffs
Yesterday
35464
Google CFO confirms "large-scale" layoffs today (Apr 17)
Tech Industry
15h
2241
Go woke, go broke: Google fires 28 employees involved in pro-Hamas protest
Tech Industry
13h
415
Stay in Florida for big job offer or move to LA like we always wanted?
1st year: 150K base, 100K bonus. Add on 80K sign on bonus. 2nd year: 175K base, 150K bonus 3rd year: 200K base, 200K bonus Bonus is usualky cash, but some give equity inside. It’s not lower in middle market. Boutiques like evercore, centerview, qatalyst are higher.
I think you meant $100K and $150K bonus in the first and second year? So TC of $250K, $325K and $400K in years 1, 2 and 3. Are the $75K increases YoY set? Thanks!
Yeah sorry. On the toilet typing.