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Salary and Benefits

Investment Banking Associate
$90K-$111K / yr. (est.)
$91K
$100,935 / year
$111K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Investment Banking Associate

What does an Investment Banking Associate do?

Working as Investment Banking Associates, we are responsible for analyzing the financial statements and conditions of the company. We have the ability to develop financial models by analyzing the user data of the company. We are accountable for providing guidance and help to the investors and stakeholders of the company. Functioning as Investment Banking Associates, we examine the current markets for identifying the latest market trends to implement them on our company's current status. We maintain customer relationships by striving to provide the best possible customer experience and solving their queries. Some of us also work on other projects apart from the assigned ones.

Core tasks:

  • mentoring our junior analysts
  • working collaboratively with the senior bankers
  • communicating with the customers of the company
  • investigating the financial statements
  • reviewing the financial analysis and models

Insights

How Many Years of Experience Do Professionals Need Before Becoming Investment Banking Associate?
On average, people work 3-5 years in other positions prior to becoming a Investment Banking Associate.
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Marketing SpecialistMiami, FL - A year ago
I think those other positions help them develop skills that are transferable to investment banking, making them more effective in their roles! 🙌
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Software EngineerSeattle, WA - A year ago
Investment Banking Associates need to have a deep understanding of finance. Learning the foundations in other positions helps build that understanding. 💪
How Long Do Investment Banking Associate Employees Typically Stay in Their Roles?
On average, Investment Banking Associates works in this position for 1-3 years across multiple employers.
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Restaurant ManagerMiami, FL - A year ago
This is why I prefer a stable job in the restaurant industry. No need for constant moves and changes.
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Marketing CoordinatorLos Angeles, CA - A year ago
With my busy schedule in marketing, I would never be able to handle the demands of investment banking. Respect to those who do!
What Is the Job Hopper Score for Investment Banking Associate Employees?
Moderate job changes in Investment Banking Associate, showing some career movement without excessive turnover.
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Asset ManagerLos Angeles, CA - A year ago
It's great to see the professional growth within the same company. But from my experience, most people switch jobs to get better opportunities.
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Private Equity AnalystSan Francisco, CA - A year ago
i don't hV the luxury of moderate job changes 🙄 it's a ruthless industry where talent is heavily recruited or given the boot

Career path

Path to job

Discover a Investment Banking Associate's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Investment Banking Associate typically studied at.
Cornell University
New York University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Investment Banking Associate Employees?
Gender ratio in Investment Banking Associate position: 0.756557920762226 Male and 0.243442079237774 Female. Age ratio in Investment Banking Associate position: 16-20: 1%, 21-30: 90%, 31-40: 8%, 41-50: 1%, 51-60: 0%, 60+: 0%. Investment Banking Associate position is predominantly male (75.7%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Investment Banking AssociateLos Angeles, CA - A year ago
It's disheartening to see such a lack of gender diversity in this field. Don't we want diverse perspectives in finance? 😠
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Investment Banking AssociateSeattle, WA - A year ago
This image just reinforces the stereotype that finance is dominated by men in their twenties. We need a change. 🙅

Workplaces

Who Are the Top Employers for Investment Banking Associate?
Top employers of Investment Banking Associate position: Citi, Goldman Sachs, J.P. Morgan. People who work in Investment Banking Associate position most typically go on to work for the Citi.
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Investment Banking AssociateSan Francisco, CA - A year ago
As a West Coast banker, I have to say that J.P. Morgan has been killing it in Silicon Valley. Citi and Goldman Sachs are just trying to catch up.
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Investment Banking AssociateBoston, MA - A year ago
Citi is definitely the most prestigious option for us East Coast associates. Goldman Sachs and J.P. Morgan can't touch them in terms of reputation.
Citi
Goldman Sachs
J.P. Morgan
What Industries Does Investment Banking Associate Typically Have Experience In?
Industry Background: The most typical industries of Investment Banking Associate: Finance & Insurance, Professional / Scientific / Technical, Real Estate / Rental / Leasing, Arts / Entertainment / Recreation, Administrative & Support. Investment Banking Associate employees most likely come from a Finance & Insurance industry background.
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Investment Banking AssociateMiami, FL - A year ago
Y'all are just jealous that we Miamians get to enjoy the beach while you're stuck in your stuffy offices. 🏖
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Investment Banking AssociateSeattle, WA - A year ago
As someone who values work-life balance, Investment Banking Associate doesn't seem like my cup of tea. ☕

Find your job as Investment Banking Associate

Discussion about Investment Banking Associate

Want to know more about Investment Banking Associate position?
Share your thoughts and ideas about Investment Banking Associate position with others in our community.
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What is the women/men ratio in the job of Investment Banking Associate?
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Isabella Holmes3 years ago
25% are women in this profession only.
What is the typical age of people who work as an Investment Banking Associate?
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Benjamin Gardner3 years ago
The typical age is 26 for an Investment Banking Associate.
How much experience do you need to work as an Investment Banking Associate?
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Isabella Holmes3 years ago
You probably need around 4 years to work as an Investment Banking Associate
What industries does an Investment Banking Associate typically work in?
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Isabella Holmes3 years ago
Finance & Insurance is typical for an Investment Banking Associate to work in.
Speaking of higher education, do I need a degree as an Investment Banking Associate?
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Benjamin Gardner3 years ago
Most people have a Bachelor of Science degree
As an Investment Banking Associate, which company should I definitely check out for jobs?
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Liam Brown3 years ago
It’s common for an Investment Banking Associate to work for Citi, Goldman Sachs, J.P. Morgan, KPMG US and PwC
How long do you usually work as an Investment Banking Associate before changing to another position?
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Benjamin Gardner3 years ago
You should work for 2 years before considering changing to another role.
Is it common for people to switch companies and still work as an Investment Banking Associate?
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Liam Brown3 years ago
The job hopper score is medium for an Investment Banking Associate.
What occupations do people usually work in before becoming an Investment Banking Associate?
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Isabella Holmes3 years ago
Most people come from Investment Banking Analyst, Summer Associate or Analyst roles
What can be the next step in your career path from Investment Banking Associate?
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Benjamin Gardner3 years ago
Consider the following: Vice President, Senior Associate or Financial Analyst
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Disclaimer

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