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.?)
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- ING Group UBwD66By New York standards, base for an associate is around 100k with 50k bonus
- 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.
- Scotiabank 0xFUWhat 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?