Starting Salary of Business Analysts in Investment Banking

Career Opportunities & Internships
1

<p>Hi Folks,</p>

<p>Do you have any idea about the salary of Business Analysts in Investment Banking or any Wall Street companies in New York?</p>

<p>Regards,</p>

<p>SP</p>

2

<p>A lot, with a big bonus, and no free time to enjoy it.</p>

3

<p>Last year all in compensation ranged from $120k - $150k, depending on the bank and group.</p>

4

<p>It sounds like this position is in the operations division of the investment bank, then the starting salary is around $60K. You won’t be getting a bonus as large as those working in the front office but your hours are more like 9-6PM.</p>

5

<p>The following is from MIT career office for 2010. Following is the range for the I-Banks undergraduate recruitments.</p>

<p>Investment Banking
(Mutual Funds,
Money Management)
17 Bank of America Merrill Lynch, Credit Suisse, JPMorgan Securities, Citigroup,
Goldman Sachs, UBS, Summer Street Research Partners, Barclays, Morgan
Stanley, Fidelity Management and Research Company, Anja Capital, Five
Rings Capital LLC</p>

<p>$73,353 $45,000 - $150,000</p>

<p><a href=“http://web.mit.edu/career/www/infostats/graduation10.pdf[/url]”>http://web.mit.edu/career/www/infostats/graduation10.pdf&lt;/a&gt;&lt;/p&gt;