Investment Banking Associate Salaries in United Kingdom

Updated 30 Nov 2023
Base Pay Range
£87K - £122K/yr
Average Base Pay

399 salaries

£122K

Low

£164K

Average

£226K

High

Additional Cash Compensation
Average£60,941Range£35,651 - £104,169
The average salary for Investment Banking Associate is £163,685 per year in the United Kingdom. The average additional cash compensation for a Investment Banking Associate in the United Kingdom is £60,941, with a range from £35,651 - £104,169. Salaries estimates are based on 399 salaries submitted anonymously to Glassdoor by Investment Banking Associate employees in United Kingdom.

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Salaries in United Kingdom

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Average Base Salary in (GBP)

Range

Goldman Sachs
3.9

Goldman Sachs

Investment Banking Associate

£155,290

 /yr
Range: £79K - £389K
44 salaries
See 49 salaries from all locations

£79K

£389K

£79,497 - £389,179 Range

Citi
3.9

Citi

Investment Banking Associate

£192,414

 /yr
Range: £107K - £244K
33 salaries
See 33 salaries from all locations

£107K

£244K

£106,786 - £243,898 Range

Morgan Stanley
3.9

Morgan Stanley

Investment Banking Associate

£155,093

 /yr
Range: £96K - £234K
30 salaries
See 32 salaries from all locations

£96K

£234K

£95,842 - £234,110 Range

Deutsche Bank
3.8

Deutsche Bank

Investment Banking Associate

£143,163

 /yr
Range: £81K - £799K
29 salaries
See 31 salaries from all locations

£81K

£799K

£81,329 - £798,582 Range

J.P. Morgan
4

J.P. Morgan

Investment Banking Associate

£165,469

 /yr
Range: £49K - £950K
27 salaries
See 32 salaries from all locations

£49K

£950K

£49,000 - £950,000 Range

Credit Suisse
3.9

Credit Suisse

Investment Banking Associate

£169,269

 /yr
Range: £96K - £258K
22 salaries
See 23 salaries from all locations

£96K

£258K

£95,912 - £257,542 Range

HSBC
3.8

HSBC

Investment Banking Associate

£123,328

 /yr
Range: £33K - £285K
19 salaries
See 20 salaries from all locations

£33K

£285K

£32,515 - £285,277 Range

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Barclays
4

Barclays

Investment Banking Associate

£153,381

 /yr
Range: £68K - £2M
17 salaries
See 18 salaries from all locations

£68K

£2M

£67,685 - £2,028,144 Range

Bank of America
4

Bank of America

Investment Banking Associate

£175,935

 /yr
Range: £72K - £213K
15 salaries
See 16 salaries from all locations

£72K

£213K

£72,179 - £212,983 Range

Nomura Holdings
3.8

Nomura Holdings

Investment Banking Associate

£112,604

 /yr
Range: £83K - £170K
15 salaries
See 15 salaries from all locations

£83K

£170K

£83,282 - £169,897 Range

Jefferies
4

Jefferies

Investment Banking Associate

£218,348

 /yr
Range: £173K - £251K
14 salaries
See 14 salaries from all locations

£173K

£251K

£173,497 - £250,514 Range

UBS
4

UBS

Investment Banking Associate

£172,782

 /yr
Range: £114K - £216K
12 salaries
See 12 salaries from all locations

£114K

£216K

£113,547 - £216,335 Range

Macquarie Group
4.2

Macquarie Group

Investment Banking Associate

£210,164

 /yr
Range: £169K - £240K
8 salaries
See 9 salaries from all locations

£169K

£240K

£169,306 - £239,969 Range

Rothschild & Co
4

Rothschild & Co

Investment Banking Associate

£196,128

 /yr
Range: £120K - £230K
8 salaries
See 9 salaries from all locations

£120K

£230K

£120,372 - £230,000 Range

Merrill
3.9

Merrill

Investment Banking Associate

£157,380

 /yr
Range: £86K - £211K
7 salaries
See 7 salaries from all locations

£86K

£211K

£86,040 - £211,362 Range

Bank of America Merrill Lynch
3.9

Bank of America Merrill Lynch

Investment Banking Associate

£188,118

 /yr
Range: £105K - £291K
5 salaries
See 5 salaries from all locations

£105K

£291K

£105,244 - £291,295 Range

NatWest Group
4

NatWest Group

Investment Banking Associate

£81,170

 /yr
Range: £26K - £127K
4 salaries
See 4 salaries from all locations

£26K

£127K

£26,217 - £126,666 Range

JPMorgan Chase & Co
4

JPMorgan Chase & Co

Investment Banking Associate

£119,325

 /yr
Range: £40K - £191K
4 salaries
See 4 salaries from all locations

£40K

£191K

£39,856 - £191,032 Range

BNP Paribas
3.8

BNP Paribas

Investment Banking Associate

£174,139

 /yr
Range: £151K - £204K
4 salaries
See 4 salaries from all locations

£151K

£204K

£151,474 - £203,907 Range

Investec
4.1

Investec

Investment Banking Associate

£105,009

 /yr
Range: £95K - £145K
4 salaries
See 4 salaries from all locations

£95K

£145K

£95,442 - £144,581 Range

Download as data table

Investment Banking Associate Salaries

Job TitleSalary
Investment Banking Associate salaries - 44 salaries reported£155,290/yr
Investment Banking Associate salaries - 33 salaries reported£192,414/yr
Investment Banking Associate salaries - 30 salaries reported£155,093/yr
Investment Banking Associate salaries - 29 salaries reported£143,163/yr
Investment Banking Associate salaries - 27 salaries reported£165,469/yr
Investment Banking Associate salaries - 22 salaries reported£169,269/yr
Investment Banking Associate salaries - 19 salaries reported£123,328/yr
Investment Banking Associate salaries - 17 salaries reported£153,381/yr
Investment Banking Associate salaries - 15 salaries reported£175,935/yr
Investment Banking Associate salaries - 15 salaries reported£112,604/yr
Investment Banking Associate salaries - 14 salaries reported£218,348/yr
Investment Banking Associate salaries - 12 salaries reported£172,782/yr
Investment Banking Associate salaries - 8 salaries reported£210,164/yr
Investment Banking Associate salaries - 8 salaries reported£196,128/yr
Investment Banking Associate salaries - 7 salaries reported£157,380/yr
Investment Banking Associate salaries - 5 salaries reported£188,118/yr
Investment Banking Associate salaries - 4 salaries reported£81,170/yr
Investment Banking Associate salaries - 4 salaries reported£119,325/yr
Investment Banking Associate salaries - 4 salaries reported£174,139/yr
Investment Banking Associate salaries - 4 salaries reported£105,009/yr
Viewing 1 - 10 of 2,853

What people are saying about Investment Banking Associate salaries

Transaction Services, M&A, Deal Advisory

a year ago

works at 

KPMG

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

3

3 Comments

Frequently asked questions about an Investment Banking Associate salaries

The average salary for an Investment Banking Associate is £163,685 per year in United Kingdom. Salaries estimates are based on 399 salaries submitted anonymously to Glassdoor by an Investment Banking Associate employees in United Kingdom.

The highest salary for an Investment Banking Associate in United Kingdom is £226,174 per year.

The lowest salary for an Investment Banking Associate in United Kingdom is £122,176 per year.

Are you interested in making more in your career as an investment banking associate? Pursuing additional qualifications and training is one way to stand out. Consider getting certified in the field with the Certified Investment Banking Associate (CIBA) certification, or look into the Chartered Financial Analyst (CFA) or Chartered Alternative Investment Analyst (CAIA) certifications. Many investment banking associates have a bachelor's degree, but completing a postgraduate degree in finance, economics, or business is likely to significantly increase your earning potential. Look for relevant courses at universities near you or within your current university. Additionally, gaining experience in different areas of investment banking, such as mergers and acquisitions or corporate finance, can help you stand out and command a higher salary.

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.

About 69.94% of Investment Banking Associate professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional £60,941 in potential pay per year, among other factors, can qualify the annual pay of an Investment Banking Associate in United Kingdom as a good salary.

Investment Banking Associate professionals in United Kingdom have a wide total pay range, between £96,152 and £311,090 depending on experience, with an estimated total pay of £163,685 following the average career path of an Investment Banking Associate.

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