How much money does an investment banker earn

We respect your privacy. If you're new here, please click here to get my FREE page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking. Rich enough to have your own jet.

Rich enough not to waste time. Fifty, a hundred million dollars, buddy. Everyone knows you make tons of money in investment banking , right?

Yes, making six-figures as a year old is nice — but not if you work hours per week to get there. For entry-level investment banking analysts , the best-case scenario happened way back in Not bad for a year old.

On average, investment bankers work around hours per week in their first year. That might be a bit high or a bit low!

In the midst of the financial crisis, bonuses dropped quite a bit from levels — though not quite as much as people expected. In his spare time, he enjoys memorizing obscure Excel functions, editing resumes, obsessing over TV shows, traveling like a drug dealer, and defeating Sauron. The entry-level analyst assigned to NYC, San Francisco, or London UK will make a lot more because the cost of living in those places is high. Goldman Sachs also pays more because its prestige makes working there more attractive, thus more people compete for positions.

So I have wasted way more time than I should have trying to hunt down the necessary data for an estimate of hourly pay in tech versus finance. This comparison is interesting because while average annual pay in finance is higher, tech folks work shorter hours. Any thoughts on this?

Career Advice: Financial Analyst Vs. Investment Banker | Investopedia

Thanks for your input. I think readers may have better suggestions. We have 2 weeks off in Christmas, I took 4 weeks from unlimited vacation, and I typically work 7 hours a day excluding lunch. Programmers make more than me, and SF, NY pays more apparently.

I have a question my intention is to work 10years iB, im going to do the MBA next year.

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I am currently doing actuarial science and i was wondering which has a more rewarding outcome, furthermore i have a fiancee. But i dont blow money i spend like it an accountant.

So saving wont be an issue. What I think would really help you?

How much does the Average American Make? Breaking Down the U.S. Household Income Numbers.

Network with bankers, really understand what the industry is about, and think about whether it is something you want to do for the long term. What about the tax rate restatement. Hi, quick off topic question. I am a college senior and I wanted an analyst job at an IB after graduation.

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