How much does an Investment Banking Associate make?

Updated Nov 28, 2023



Total Pay Range
$160K - $284K/yr
Base Pay
$106K - $183K/yr
Additional Pay
$54K - $102K/yr


Most Likely Range

The estimated total pay for a Investment Banking Associate is $211,666 per year in the United States area, with an average salary of $139,110 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $72,556 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

How accurate is this most likely Total Pay range (base + additional) of $160K-$284K/yr?

Related Job Titles

For Investment Banking Associate

Some related job titles are Investment-Analyst Salaries with median pay of $101,657, Investment Associate Salaries with median pay of $119,353, Investment-Banker Salaries with median pay of $334,234, Trader Salaries with median pay of $141,045.

Top Paying Companies

For an Investment Banking Associate in United States

Below is the total pay for the top 10 highest paying companies for an Investment Banking Associate in United States. Employers include Perella Weinberg Partners, Stanford Group and Houlihan Lokey.

Perella Weinberg Partners
Perella Weinberg Partners
1 open jobs
Moelis & Company
See pay for all companies for an Investment Banking Associate in United StatesView data as table

Top Paying Companies

For Investment Banking Associate in United States

1Perella Weinberg Partners$327,044
2Stanford Group$288,417
3Houlihan Lokey$284,493
5BMO Capital Markets$252,270
6Bear Stearns$251,236
7Moelis & Company$250,735
8Harris Williams & Co.$248,071
9Macquarie Group$246,298
10William Blair$246,231

What are total pay estimates for an Investment Banking Associate at different companies?

Total Pay Range
JPMorgan Chase & Co
Investment Banking AssociateSee 387 salaries from this location


 / yr
Investment Banking AssociateSee 175 salaries from this location


 / yr
Goldman Sachs
Investment Banking AssociateSee 145 salaries from this location


 / yr
Bank of America
Investment Banking AssociateSee 144 salaries from this location


 / yr
Investment Banking AssociateSee 127 salaries from this location


 / yr
Credit Suisse
Investment Banking AssociateSee 103 salaries from this location


 / yr
Morgan Stanley
Investment Banking AssociateSee 95 salaries from this location


 / yr

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Let’s pay it forward! The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere

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Investment Banking AssociateSee 84 salaries from this location


 / yr
Wells Fargo
Investment Banking AssociateSee 74 salaries from this location


 / yr
Deutsche Bank
Investment Banking AssociateSee 66 salaries from this location


 / yr
Investment Banking AssociateSee 44 salaries from this location


 / yr
Investment Banking AssociateSee 41 salaries from this location


 / yr
Piper Sandler
Investment Banking AssociateSee 38 salaries from this location


 / yr
JPMorgan Chase & Co
Associate, Investment BankingSee 37 salaries from this location


 / yr
Guggenheim Partners
Investment Banking AssociateSee 37 salaries from this location


 / yr
Investment Banking AssociateSee 37 salaries from this location


 / yr
BMO Capital Markets
Investment Banking AssociateSee 36 salaries from this location


 / yr
Investment Banking AssociateSee 34 salaries from this location


 / yr
William Blair
Investment Banking AssociateSee 33 salaries from this location


 / yr
Raymond James Financial
Investment Banking AssociateSee 30 salaries from this location


 / yr
Download as data table

Investment Banking Associate Salaries

Job TitleSalary
JPMorgan Chase & Co Investment Banking Associate salaries - 387 salaries reported$212,754/yr
Citi Investment Banking Associate salaries - 175 salaries reported$198,198/yr
Goldman Sachs Investment Banking Associate salaries - 145 salaries reported$245,945/yr
Bank of America Investment Banking Associate salaries - 144 salaries reported$212,579/yr
Jefferies Investment Banking Associate salaries - 127 salaries reported$217,740/yr
Credit Suisse Investment Banking Associate salaries - 103 salaries reported$192,152/yr
Morgan Stanley Investment Banking Associate salaries - 95 salaries reported$192,039/yr
Barclays Investment Banking Associate salaries - 84 salaries reported$191,049/yr
Wells Fargo Investment Banking Associate salaries - 74 salaries reported$226,401/yr
Deutsche Bank Investment Banking Associate salaries - 66 salaries reported$194,463/yr
Baird Investment Banking Associate salaries - 44 salaries reported$226,948/yr
Merrill Investment Banking Associate salaries - 41 salaries reported$226,344/yr
Piper Sandler Investment Banking Associate salaries - 38 salaries reported$195,114/yr
JPMorgan Chase & Co Associate, Investment Banking salaries - 37 salaries reported$182,225/yr
Guggenheim Partners Investment Banking Associate salaries - 37 salaries reported$206,422/yr
UBS Investment Banking Associate salaries - 37 salaries reported$194,348/yr
BMO Capital Markets Investment Banking Associate salaries - 36 salaries reported$252,270/yr
RBC Investment Banking Associate salaries - 34 salaries reported$190,801/yr
William Blair Investment Banking Associate salaries - 33 salaries reported$246,231/yr
Raymond James Financial Investment Banking Associate salaries - 30 salaries reported$222,383/yr
Viewing 1 - 20 of 340

Top Paying Industries

For an Investment Banking Associate in United States

The top paying industry for an Investment Banking Associate in United States is Financial Services with a median total pay of $206,117.

IndustryTotal PayTotal Pay Insight
  • Financial ServicesFinancial Services$206,117

    1% Lower than other industries

Financial Services

Top paying companies in Financial Services for Investment Banking Associate are Perella Weinberg Partners, Stanford Group, and Houlihan Lokey.

Perella Weinberg PartnersPerella Weinberg Partners$327,044/yr
Stanford Group$288,417/yr
Houlihan LokeyHoulihan Lokey$284,493/yr

Glassdoor Economist Pay Overview

What is the pay outlook for Finance & Accounting?

Jobs in finance and accounting are expected to see continued demand, with employment growth linked to the health of the broader economy. These jobs will continue to offer above average pay but usually require higher education or certification to enter the field. While automation will replace many common tasks, it is not expected to reduce the need for these employees; it will instead allow them to focus on core soft skills like advising clients and analyzing trends.

What people are saying about Investment Banking Associate salaries

Transaction Services, M&A, Deal Advisory

a year ago

works at 


Hi, what is a standard compensation package for Corporate & Investment Banking Associate Coverage Group/ Relationship Management in New York City? Also, do you recommend such group in IB, is it a good move from consulting? Thank you



Investment Banking Associate pay FAQ

The average salary for an Investment Banking Associate is $211,666 per year in United States. Salaries estimates are based on 2532 salaries submitted anonymously to Glassdoor by an Investment Banking Associate employees in United States.

The highest salary for an Investment Banking Associate in United States is $284,364 per year.

The lowest salary for an Investment Banking Associate in United States is $160,288 per year.

If you are thinking of becoming an Investment Banking Associate or planning the next step in your career, find details about the role, the career path and salary trajectory of an Investment Banking Associate.

Glassdoor's anonymous ratings report that 75% of investment banking associates are satisfied with the salary they make at their current job. Many of them also make an average of $72,565.65 a year in additional pay through bonuses and profit sharing.

Are you interested in making more in your career as an investment banking associate? Consider earning a certification in the field. The Certified Investment Banking Associate certification is popular. Depending on your specialty, you can also consider the Certified Investment Management Analyst, the Chartered Market Technician, or the Certified Corporate Financial Planning and Analysis Professional certificates. Almost all investment banking associates have a bachelor's degree, but other education can push your pay toward the top of the scale. See if universities near you offer courses or certificate programs, or, if you're in the process of earning your bachelor's degree, check course offerings at your current university.

Do you love your current company, but want to make more? Maybe you want to find a new job as an investment banking associate, but don't know where to start. Either way, a good first step is to research your market rate. Once you know what you're worth, see how your current salary or that of new job postings compares to what you currently make. When negotiating for a higher salary, consider asking for at least 10% more than your current salary or above the amount you were offered in a new job, but that may change depending on how the current amount compares to the market rate.

Additional Resources

Investment Banking Associate Job Description Template



investment banking associate


United States