Junior Investment Banker Salary

Analyst

• Investment banks are in the business of securing capital for businesses, or more specifically making deals happen. As an investment banking analyst, your day-to-day job requirements can vary significantly. One day you may be editing status reports, working on pitch books for a company's IPO (Initial Price Offering) or working on a client presentation, while the next you may have so little work to do that you are able to leave before 8 p.m. A first-year analyst works anywhere from 90 to 100 hours per week.
  
  

Salary

• Because most investment banks are concentrated in New York City and the East Coast, those who are hired by a firm in these locations receive the highest compensation. Likewise, if you are employed by one of the major investment banking firms like Citigroup, Morgan Stanley, Duetsche Bank or Barclays, your starting salary will typically be higher than that of someone hired by a smaller boutique investment bank. According to Careers in Business, starting salaries for analysts hired in 2011 are currently between $90,000 and $150,000 including bonus.
  
  

Bonus

• Bonuses usually make up a significant portion of any investment banker's salary. During the height of the economic recession from 2007 to 2009, it was not uncommon for investment bankers to receive minimal or no bonus at all, with a base salary of $60,000, according to Mergers and Inquisitions. From 2010 onward however, the financial industry saw a rebound in profits and has since increased investment banking salaries according. According to Careers in Business, first-year analyst bonuses consist of 10 to 50 percent of the starting salary.
  
  

Pay Consistency

• Investment banking is a career path largely dictated by supply and demand. As a result, compensation can vary significantly from one firm to another, particularly at the associate and senior levels. Salaries tend to be more consistent across firms at the analyst level or entry level. Likewise, bonus compensation and hiring trends usually fluctuate with the economy and overall productivity of the financial industry.