How much does a Investment Banking Associate make?

Updated May 11, 2021

Industry

Employer Size

Experience

$132,000 /yr
Average Base Pay

1,680 salaries

$96K

Low

$132K

Average

$181K

High

No additional cash compensation has been reported for this role

The national average salary for a Investment Banking Associate is $132,000 in United States. Filter by location to see Investment Banking Associate salaries in your area. Salary estimates are based on 1,680 salaries submitted anonymously to Glassdoor by Investment Banking Associate employees.

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Salaries by Company

Location

or

Find a Specific Employer

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Company

Average Base Salary in (USD)

Range

J.P. Morgan
4

J.P. Morgan

Investment Banking Associate

$158,711

 /yr
Range: $43K - $645K
496 salaries
See 346 salaries from all locations

$43K

$645K

$43,270 - $645,109 Range

Bank of America
4.1

Bank of America

Investment Banking Associate

$153,873

 /yr
Range: $97K - $222K

$97K

$222K

$96,561 - $221,636 Range

Citi
3.9

Citi

Investment Banking Associate

$154,718

 /yr
Range: $104K - $259K

$104K

$259K

$104,318 - $258,713 Range

Goldman Sachs
4

Goldman Sachs

Investment Banking Associate

$152,317

 /yr
Range: $92K - $283K

$92K

$283K

$92,324 - $282,638 Range

Credit Suisse
3.9

Credit Suisse

Investment Banking Associate

$167,139

 /yr
Range: $111K - $223K

$111K

$223K

$111,426 - $223,100 Range

Morgan Stanley
4

Morgan Stanley

Investment Banking Associate

$182,981

 /yr
Range: $51K - $306K

$51K

$306K

$50,976 - $306,296 Range

Jefferies
4.1

Jefferies

Investment Banking Associate

$150,106

 /yr
Range: $111K - $258K

$111K

$258K

$111,184 - $258,163 Range

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Wells Fargo
3.6

Wells Fargo

Investment Banking Associate

$156,330

 /yr
Range: $74K - $231K

$74K

$231K

$73,792 - $230,810 Range

Deutsche Bank
3.8

Deutsche Bank

Investment Banking Associate

$155,627

 /yr
Range: $78K - $230K

$78K

$230K

$78,241 - $230,483 Range

Merrill Lynch
3.9

Merrill Lynch

Investment Banking Associate

$162,156

 /yr
Range: $134K - $210K

$134K

$210K

$134,091 - $209,852 Range

Piper Sandler
3.9

Piper Sandler

Investment Banking Associate

$156,255

 /yr
Range: $128K - $207K

$128K

$207K

$128,477 - $206,970 Range

Baird
4.2

Baird

Investment Banking Associate

$158,985

 /yr
Range: $109K - $181K

$109K

$181K

$108,707 - $181,025 Range

SunTrust Robinson Humphrey
3.3

SunTrust Robinson Humphrey

Investment Banking Associate

$143,867

 /yr
Range: $105K - $193K

$105K

$193K

$105,350 - $192,647 Range

Raymond James Financial
4

Raymond James Financial

Investment Banking Associate

$137,251

 /yr
Range: $88K - $162K

$88K

$162K

$88,059 - $161,757 Range

BMO Capital Markets
3.7

BMO Capital Markets

Investment Banking Associate

$149,789

 /yr
Range: $100K - $250K

$100K

$250K

$99,736 - $250,179 Range

Nomura Holdings
3.9

Nomura Holdings

Investment Banking Associate

$148,963

 /yr
Range: $110K - $203K

$110K

$203K

$110,000 - $202,707 Range

KeyBank
3.9

KeyBank

Investment Banking Associate

$137,762

 /yr
Range: $106K - $143K

$106K

$143K

$105,724 - $142,641 Range

William Blair
4.5

William Blair

Investment Banking Associate

$153,056

 /yr
Range: $108K - $207K

$108K

$207K

$107,706 - $206,970 Range

Guggenheim Partners
4.1

Guggenheim Partners

Investment Banking Associate

$177,893

 /yr
Range: $150K - $233K

$150K

$233K

$150,000 - $232,841 Range

Evercore Partners
4.3

Evercore Partners

Investment Banking Associate

$166,433

 /yr
Range: $144K - $198K

$144K

$198K

$144,063 - $197,503 Range

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Frequently asked questions about Investment Banking Associate salaries

The average salary for a Investment Banking Associate is $132,000 in United States. Salaries estimates are based on 1680 salaries submitted anonymously to Glassdoor by Investment Banking Associate employees in United States.

The highest salary for a Investment Banking Associate in United States is $180,953 per year.

The lowest salary for a Investment Banking Associate in United States is $96,290 per year.

If you are thinking of becoming a Investment Banking Associate or planning the next step in your career, find out in our Career hub the career path and salary trajectory of a Investment Banking Associate.

See how your offer stacks up to other pay packages and negotiate confidently on our Offer Analyzer.

Recent Salary Reports

Below are the most recent investment banking associate salary reports. Employer name has been removed to protect anonymity.

$200,000
per year
An Investment Banking Associate in the New York City, NY Area area reported making $200,000 per year
Job Highlights
8-10 years experience
New York City, NY Area area
Full-time
 
10000+ employees
Company - Public
$90,000
per year
A Corporate Banking Associate in the Charlotte, NC Area area reported making $90,000 per year
Additional Pay
$20k cash bonus
Job Highlights
3-4 years experience
Charlotte, NC Area area
Full-time
 
10000+ employees
Company - Public
$70,000
per year
An Investment Associate in the San Francisco, CA Area area reported making $70,000 per year
Additional Pay
$20k cash bonus
Job Highlights
1-2 years experience
San Francisco, CA Area area
Full-time
 
1001 to 5000 employees
Company - Private
$99,000
per year
An Investment Associate in the New York City, NY Area area reported making $99,000 per year
Additional Pay
$25k cash bonus
Job Highlights
3-4 years experience
New York City, NY Area area
Full-time
 
501 to 1000 employees
Company - Private
$100,000
per year
An Investment Associate in the New York City, NY Area area reported making $100,000 per year
Additional Pay
$13k cash bonus
Job Highlights
1-2 years experience
New York City, NY Area area
Full-time
 
5001 to 10000 employees
Company - Public
$174,999
per year
An Investment Banking Associate in the New York City, NY Area area reported making $174,999 per year
Job Highlights
8-10 years experience
New York City, NY Area area
Full-time
 
10000+ employees
Company - Public
$200,000
per year
An Investment Banking Associate in the Los Angeles, CA Area area reported making $200,000 per year
Job Highlights
1-2 years experience
Los Angeles, CA Area area
Full-time
 
10000+ employees
Company - Public
$59,000
per year
A Private Banking Associate in the Charlotte, NC Area area reported making $59,000 per year
Additional Pay
$2k cash bonus
Job Highlights
1-2 years experience
Charlotte, NC Area area
Full-time
 
1001 to 5000 employees
Subsidiary or Business Segment
$55,000
per year
A Private Client Investment Associate in the Denver, CO Area area reported making $55,000 per year
Additional Pay
$1k stock bonus
$576k profit sharing
$5k commissions
Job Highlights
3-4 years experience
Denver, CO Area area
Full-time
 
10000+ employees
Company - Public
$150,000
per year
An Investment Banking Associate in the New York City, NY Area area reported making $150,000 per year
Additional Pay
$75k cash bonus
Job Highlights
5-7 years experience
New York City, NY Area area
Full-time
 
10000+ employees
Company - Public