Question: How could I make over $100,000 a year working in investment banking?
Answer: That’s an easy question to answer – just land an entry-level job in the investment banking industry. Current pay for first year analysts at major banks exceeds one hundred thousand dollars (when bonus is included). It is exciting to know that pay only goes up from there with associates earning one hundred and fifty to as much as half a million dollars, largely depending upon their bonus. On the downside, the hours are very long with 80-hour (or more) weeks the norm rather than the exception. Many bankers work seven-day weeks and incur many days of travel away from home.
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