For comparison, associates outpace more junior analysts significantly when it comes to annual compensation. First-year analysts at big banks pull in an average salary of $91,000 per year ,Banks hire associates out of MBA programs, and also offer some analysts looking to stay in investment banking direct promotions to the associate level.
But associates at those firms take home, on average, an average annual salary of roughly $150,000. Factoring in their bonuses as well, the average associate pay soars to $228,000. To be sure, submissions were not broken out between first-, second-, and third-year associates. Base pay across a firm is typically standard for associates in the same class, with bonuses varying based on performance.
On the high end of the salary/bonus spectrum is Morgan Stanley, which is the most generous payer on the list. The New York-based bank pays its associates a total $276,100 per year, according to WSO. The lowest on the list is Deutsche Bank, coming in at a total $190,400.We've ranked them below in terms of highest to lowest average total compensation.
But our Interest rates keep falling and falling
Hopefully a lot. The hours are grueling and the service becoming a commodity.
Your shi* paywall blocks the news. Why bother tweeting news twitter users can't see?! 😡
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