Investment banking is a line of work that's known for its unforgiving hours and near-nonstop work demands, but the field is sweetened for newcomers by the temptation ofThe latter can range from more than $20,000 to $50,000 per year at the largest investment banks, according to data collected by the websiteFirst-year investment bank analysts at the bulge bracket banks stand to receive a bonus of $39,300, on average.
In some cases, that number can be much higher. For instance, at Bank of America Merrill Lynch — the highest payer on this list, both average and median bonuses topped $50,000 for the year. That means many young investment banking analysts are poised to receive a bonus that exceeds what the average 25 to 34-year-old makes a year: $41,236,Business Insider reviewed the Wall Street Oasis data on IB analysts' bonuses to reveal exactly how much first-year analysts at top firms are taking home, broken out by mean and median. The data was gathered fromHere's a look at the bulging bonuses that these bulge-bracket banks pay, ranked from highest average to lowest.
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