Question: How much do investment banking professionals often make when working?
Answer: Entry level (analyst) compensation can vary wildly depending upon on the size of the bank and the job location. For the large banks in major financial centers such as New York, entry-level analysts might be paid in the range of sixty to seventy thousand dollars in base salary. They are also eligible for (and expect to get) bonuses; entry-level bankers were recently reported to have earned bonuses in the fifty to sixty thousand dollar range for first-year analysts and in the sixty five to eighty thousand dollar range for second-year analysts. The pay only goes up from there; a Vice President at a large firm might expect total compensation in the four hundred thousand to one million dollar range with as much as seventy percent of that taking the form of a bonus.
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