The average salary for an Associate - Investment Banking with Financial Modeling skills in Chicago, Illinois is $83,576.
Is Associate - Investment Banking your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
$70k - $108k
$5k - $88k
$80k - $160k
Your Market Worth Over Time
How has your pay changed over time for your market? Find out by taking our salary quiz.
Job Description for Associate - Investment Banking
Associates in investment banking are usually recent MBA graduates. They may also be internal staff, who were promoted after three or more years working experience as financial analysts. They perform extensive investment valuation analyses. They must be consumer-focused. They must have direct investment banking experience. Some employers require that associates maintain series 6 and/or 7 certifications, issued by the Financial Industry Regulatory Authority. They must be knowledgeable about …Read more
Associate - Investment Banking Tasks
- Manage client portfolios, evaluating profitability and conducting financial transactions.
- Attend meetings with clients and prepare presentations providing an overview of clients' investment portfolios.
- Analyze investment strategies, identify potential investments, and conduct risk assessments.
Associate - Investment Banking Job Listings
Search for more jobs
Popular Skills for Associate - Investment Banking
Skills in Project Management are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel and Financial Analysis.
Pay by Experience Level for Associate - Investment Banking
An early career Associate - Investment Banking with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $85,000 based on 8 salaries. A mid-career Associate - Investment Banking with 5-9 years of experience earns an average total compensation of $78,617 based on 7 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Associate - Investment Banking in their job title in San Francisco, California earn an average of 43.6% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (34.1% more) and New York, New York (29.9% more). The lowest salaries can be found in St. Louis, Missouri (24.1% less), Denver, Colorado (8.8% less) and Charlotte, North Carolina (4.3% less).
Years of Experience
This data is based on 15 survey responses.
Related Job Salaries
$28k - $55k
$41k - $102k
$33k - $68k
$45k - $81k
$48k - $111k
$28k - $53k
$62k - $100k
$32k - $71k
$12k - $43k
$53k - $98k