IB Analyst....

N

N.VanCandidate

New member
Joined
Sep 21, 2007
Messages
0
Reaction score
0
I know this has been discussed before but here is the question:
What is IB Analyst Job (entry level) Salary Grades (both base and bonus)????
Is it true that it varies by location quite a bit? If yes, state the location you are quoting the salary for?
 
A buddy of mine started at JP Morgan in new york a few months back and he got something around 60K base and a 10K signing bonus. Unfortunately, I'm not too sure about the end of year bonus but I'd guess something around 20-40K - but it really depends on their results.
 
A buddy got into Scotia Capital (Toronto) for an internship as an IB analyst after 2nd year, 45k + bonus ~50% (can't remember the specifics)

A cum. average, Schulich



Edited 1 time(s). Last edit at Wednesday, October 17, 2007 at 07:49PM by Alexandrov.
 
for first year Analysts, salary range is around 90-110k all in
 
varies from place to place.
NYC at BB for first year would be 60 base, 90 bonus so 150 all in (US)
In Toronto for a canadian bank probably be 70 base, 50 bonus, so 120 all in (C$)
Vancouver would be in line with Toronto as an analyst.
 
Hey guys, I have a additional question. As a BB analyst, are we taking about sell side analyst working on a perticular sector.

Or a analyst in say M&A or restructuring etc. I would be more interested in the restructuring, M&A side of things, was just wondering if you can do this right out of B skool, or do you have to be a generic analyst first?

How does one get into stuff like distressed debt, special situations etc?
 
The bulge bracket IB analysts get a standard package of $60k base and $10k signing.

Year end bonuses for first years last year ranged, on average, from about $70-90k depending on your review.


And the bulge brackets generally pay the same for all offices. The regional boutiques do pay less in cities outside of NYC.



Edited 1 time(s). Last edit at Wednesday, October 17, 2007 at 09:03PM by FIAnalyst.
 
BB all paid fairly close to the same last year...... they however got a stub bonus and not full bonus until 2nd year... so 70-90k was prorated.... all BB pay the same in all offices around the nation... I think JP was the leader last year for pay... merrill was second... they are however trying to get a better rep on pay thus the increases base and bonus....
 
N.Van, shoot me an email at day_for_night2 at hotmail dot com
 
goldenboy09 Wrote:
-------------------------------------------------------
> BB all paid fairly close to the same last
> year...... they however got a stub bonus and not
> full bonus until 2nd year... so 70-90k was
> prorated.... all BB pay the same in all offices
> around the nation... I think JP was the leader
> last year for pay... merrill was second... they
> are however trying to get a better rep on pay thus
> the increases base and bonus....


Analysts are generally paid every summer. That $70k-90k check was cut in July or so. The analysts start their program in the summer.

Associates get pro-rated bonuses. They are at higher comp; I believe the current package is $35k signing + $95k base for first year associates. They get a pro-rated bonus so that after the first year they get paid for a full year at fiscal year end. Bonuses there are definitely better than $70-90k (although their pro-rated cut may be in that range, don't quote me on that).



Edited 1 time(s). Last edit at Wednesday, October 17, 2007 at 11:18PM by FIAnalyst.
 
You must log in or register to reply here.
Back
Top