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Investment Banker Salary

Average pay for Investment Bankers in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($83K). In the world of Investment Bankers, overall cash earnings stretch from $44K near the bottom to $294K near the top; these packages encompass bonuses that run close to $139K and profit sharing that can (albeit rarely) exceed $150K, along with commissions approaching $18K. The most influential factor affecting pay for this group is career duration, though geography and the particular employer have a (lesser) impact as well. Male Investment Bankers are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. The majority of Investment Bankers claim high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$42,231 - $199,450
(Median)
$42K
$83K
$200K
MEDIAN: $82,526
10%
50%
90%

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$14.11 - $49.32
(Median)
$14
$18
$49
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Salary
$42,231 - $199,450  
   
Bonus
$988 - $138,742  
Profit Sharing
$487.96 - $150,000  
Commission
$1,957 - $17,879  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$44,144 - $293,684  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 276
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$14.11 - $49.32  
   
Overtime
$7.00 - $43.88  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$988 - $138,742  
   
Commission
$1,957 - $17,879  
Profit Sharing
$487.96 - $150,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$44,144 - $293,684  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 21

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Job Description for Investment Banker

When companies, organizations, or government entities need to raise capital, one of the best ways to do so is to turn to the services of an investment banker. Investment bankers are the highly skilled professionals at financial institutions who examine an entity's financial health, capital needs, and goals. Then they recommend a strategy to improve or manifest them. The investment banker then acts as a go-between for the organization looking to raise money and those looking to make financial investments.

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Investment Banker Tasks

  • Conduct industry and company research to engage clients and develop new business.
  • Participate and manage all stages of the transaction process from opening pitch to closing investment contract(s).
  • Perform valuation analyses using various methodologies such as trading and transaction comparisons (comps), discounted cash flow and leveraged buyout (LBOs).
  • Assist companies, organizations, governments and their agencies in raising public or private money through debt and/or equity.
  • Construct fully integrated, detailed financial models to support Merger and Acquisitions (M&A) transactions and Financial Planning and Analysis (FP&A) communications.

Investment Banker Job Listings

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Popular Employer Salaries for Investment Banker


J.P. Morgan Chase & Co. (JPMCC) offers the lowest pay in the field with a median salary of just $120K, but on the other end, some employees may earn up to $291K.

Popular Skills for Investment Banker


Investment Bankers who responded to the survey report just a handful of professional skills. Most notably, facility with Mergers and Acquisitions, Financial Modeling, and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 36 percent, 23 percent, and 7 percent, respectively. Most people skilled in Financial Analysis are similarly competent in Mergers and Acquisitions.

Pay Difference by Location


For Investment Bankers, busy San Francisco offers a higher-than-average pay rate, 38 percent above the national average. Investment Bankers will also find cushy salaries in New York (+29 percent) and Chicago (+4 percent).

Related Job Salaries

United States (change)

Experience Affects Investment Banker Salaries

Experienced
up arrow 51%


National Average
$101,000


Skills That Affect Investment Banker Salaries

Mergers and Acquisitions
up arrow 36%

Financial Modeling
up arrow 23%


National Average
$101,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
14%
1-4 years
40%
5-9 years
24%
10-19 years
18%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 71%
vision benefits Vision: 58% employee benefits None: 12%