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Investment Banking Analyst salary
Average investment banking analyst salary
$60,598
How much does an investment banking analyst make?
The average investment banking analyst salary in the United States is $60,598. Investment banking analyst salaries typically range between $35,000 and $104,000 yearly. The average hourly rate for investment banking analysts is $29.13 per hour.
Investment banking analyst salary is impacted by location, education, and experience. Investment banking analysts earn the highest average salary in California.
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Where can an Investment Banking Analyst earn more?
Investment Banking Analyst salary estimates from across the web
Average investment banking analyst salary by state
The highest-paying states for investment banking analysts are California, New York, and New Jersey. The lowest average investment banking analyst salary states are Alaska, Oklahoma, and Nebraska.
- State View
- County View
Highest paying states for investment banking analysts
Rank  | State | Avg. Salary | Hourly Rate |
|---|---|---|---|
| 1 | New York | $94,980 | $45.66 |
| 2 | California | $102,980 | $49.51 |
| 3 | New Jersey | $91,657 | $44.07 |
| 4 | Connecticut | $87,057 | $41.85 |
| 5 | Nevada | $85,696 | $41.20 |
| 6 | Washington | $86,497 | $41.59 |
| 7 | Pennsylvania | $82,252 | $39.54 |
| 8 | Arizona | $79,289 | $38.12 |
| 9 | Massachusetts | $82,108 | $39.48 |
| 10 | Virginia | $80,218 | $38.57 |
| 11 | Texas | $79,020 | $37.99 |
| 12 | Maryland | $82,810 | $39.81 |
| 13 | District of Columbia | $82,904 | $39.86 |
| 14 | Utah | $75,109 | $36.11 |
| 15 | Rhode Island | $78,136 | $37.57 |
| 16 | Minnesota | $77,928 | $37.47 |
| 17 | Ohio | $77,823 | $37.41 |
| 18 | Wisconsin | $74,036 | $35.59 |
| 19 | North Carolina | $75,741 | $36.41 |
| 20 | Illinois | $75,050 | $36.08 |
| 21 | West Virginia | $77,658 | $37.34 |
| 22 | Wyoming | $70,432 | $33.86 |
| 23 | New Hampshire | $77,890 | $37.45 |
| 24 | Hawaii | $79,746 | $38.34 |
| 25 | Vermont | $76,300 | $36.68 |
| 26 | Michigan | $71,346 | $34.30 |
| 27 | Delaware | $74,323 | $35.73 |
| 28 | Oregon | $75,729 | $36.41 |
| 29 | Arkansas | $67,450 | $32.43 |
| 30 | Alabama | $71,573 | $34.41 |
| 31 | Georgia | $74,677 | $35.90 |
| 32 | Missouri | $71,592 | $34.42 |
| 33 | Idaho | $70,927 | $34.10 |
| 34 | Florida | $71,135 | $34.20 |
| 35 | Oklahoma | $64,655 | $31.08 |
| 36 | Colorado | $68,591 | $32.98 |
| 37 | Maine | $69,688 | $33.50 |
| 38 | New Mexico | $70,341 | $33.82 |
| 39 | Kansas | $62,079 | $29.85 |
| 40 | North Dakota | $62,542 | $30.07 |
| 41 | Tennessee | $66,768 | $32.10 |
| 42 | Louisiana | $68,781 | $33.07 |
| 43 | Indiana | $66,152 | $31.80 |
| 44 | Iowa | $67,258 | $32.34 |
| 45 | Kentucky | $66,383 | $31.91 |
| 46 | Nebraska | $64,118 | $30.83 |
| 47 | Mississippi | $66,871 | $32.15 |
| 48 | South Carolina | $67,442 | $32.42 |
| 49 | Alaska | $64,888 | $31.20 |
| 50 | Montana | $64,969 | $31.24 |
| 51 | South Dakota | $60,751 | $29.21 |
Highest paying cities for investment banking analysts
The highest-paying cities for investment banking analysts are San Francisco, CA, New York, NY, and Hoboken, NJ.
| Rank | City | Avg. Salary | Hourly Rate |
|---|---|---|---|
| 1 | San Francisco, CA | $108,878 | $52.35 |
| 2 | New York, NY | $95,316 | $45.83 |
| 3 | Hoboken, NJ | $91,928 | $44.20 |
| 4 | Seattle, WA | $87,266 | $41.95 |
| 5 | Stamford, CT | $87,018 | $41.84 |
| 6 | Baltimore, MD | $83,243 | $40.02 |
| 7 | Philadelphia, PA | $83,117 | $39.96 |
| 8 | Boston, MA | $82,039 | $39.44 |
| 9 | Arlington, VA | $80,956 | $38.92 |
| 10 | Phoenix, AZ | $79,589 | $38.26 |
| 11 | Austin, TX | $79,436 | $38.19 |
| 12 | Cleveland, OH | $79,300 | $38.13 |
| 13 | Minneapolis, MN | $78,000 | $37.50 |
| 14 | Raleigh, NC | $76,816 | $36.93 |
| 15 | Chicago, IL | $75,337 | $36.22 |
| 16 | Salt Lake City, UT | $74,575 | $35.85 |
| 17 | Atlanta, GA | $74,548 | $35.84 |
| 18 | Newark, DE | $74,301 | $35.72 |
| 19 | Milwaukee, WI | $74,222 | $35.68 |
| 20 | Saint Louis, MO | $72,376 | $34.80 |
Investment Banking Analyst salary details
An investment banking analyst's salary ranges from $35,000 a year at the 10th percentile to $104,000 at the 90th percentile.
What is an investment banking analyst's salary?
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $104,000 | $8,667 | $50 |
| 75th Percentile | $80,000 | $6,667 | $38 |
| Average | $60,598 | $5,050 | $29 |
| 25th Percentile | $45,000 | $3,750 | $22 |
| 10th Percentile | $35,000 | $2,917 | $17 |
Highest paying investment banking analyst jobs
The highest paying types of investment banking analysts are investment associate, equity analyst, and senior finance consultant.
| Job Title | Annual Salary | Monthly Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| Analyst Internship | $38,569 | $3,214 | $18.54 | 103,723 |
| Analyst | $73,007 | $6,084 | $35.10 | 253,138 |
| Corporate Finance Analyst | $76,023 | $6,335 | $36.55 | 114,375 |
| Financial Analyst Internship | $38,827 | $3,236 | $18.67 | 104,448 |
| Equity Analyst | $103,715 | $8,643 | $49.86 | 51,437 |
| Treasury Analyst | $72,667 | $6,056 | $34.94 | 50,817 |
How would you rate the starting salaries for Investment Banking Analysts, as well as the prospects for salary advancement?
Dr. Francis Cai Ph.D.
Professor, William Paterson University of New Jersey
Top companies hiring investment banking analysts now:
Which companies pay investment banking analysts the most?
Investment banking analyst salaries at The Citadel and AGC Partners are the highest-paying according to our most recent salary estimates. In addition, the average investment banking analyst salary at companies like BMO Capital Markets and ROTH Capital Partners are highly competitive.
| Rank | Company | Average Salary | Hourly Rate |
|---|---|---|---|
| 1 | The Citadel | $166,546 | $80.07 |
| 2 | AGC Partners | $114,694 | $55.14 |
| 3 | BMO Capital Markets | $113,261 | $54.45 |
| 4 | ROTH Capital Partners | $109,099 | $52.45 |
| 5 | BGC Partners | $106,826 | $51.36 |
| 6 | Cowen | $106,678 | $51.29 |
| 7 | Barclays | $105,648 | $50.79 |
| 8 | Marathon Capital | $105,270 | $50.61 |
| 9 | TD Bank | $105,212 | $50.58 |
| 10 | SVB Leerink | $104,658 | $50.32 |
| 11 | William Blair | $104,637 | $50.31 |
| 12 | ThinkEquity Partners | $104,301 | $50.14 |
| 13 | CIBC World Markets | $103,702 | $49.86 |
| 14 | MORGAN JOSEPH LIMITED | $103,243 | $49.64 |
| 15 | HSBC Bank | $102,895 | $49.47 |
| 16 | Transportation Management Services | $102,861 | $49.45 |
| 17 | Greentech Capital Advisors | $102,697 | $49.37 |
| 18 | Boenning&Scattergood | $102,521 | $49.29 |
| 19 | LionTree | $100,850 | $48.49 |
| 20 | Newbridge Securities | $100,160 | $48.15 |
Wage gap by gender, race and education
Investment Banking Analyst salary trends
The average investment banking analyst salary has risen by $9,307 over the last ten years. In 2014, the average investment banking analyst earned $51,291 annually, but today, they earn $60,598 a year. That works out to a 9% change in pay for investment banking analysts over the last decade.
Compare investment banking analyst salaries for cities or states with the national average over time.
Average investment banking analyst salary over time
Compare investment banking analyst salaries for individual cities or states with the national average.
- National Average
- Columbus, OH
Investment Banking Analyst salary by year
| Year | Avg. Salary | Hourly Rate | % Change |
|---|---|---|---|
| 2025 | $60,600 | $29.13 | +2.6% |
| 2024 | $59,000 | $28.39 | +1.6% |
| 2023 | $58,100 | $27.92 | +1.6% |
| 2022 | $57,200 | $27.48 | +3.0% |
| 2021 | $55,400 | $26.65 | +1.8% |
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