Investment Banking Associate Salaries in New York City, NY, United States

Updated 3 Dec 2023
Base Pay Range
US$114K - US$185K/yr
Average Base Pay

2,542 salaries

Additional Cash Compensation
AverageUS$82,519RangeUS$61,889 - US$115,526
The average salary for Investment Banking Associate is US$228,159 per year in the New York City, NY, United States. The average additional cash compensation for a Investment Banking Associate in the New York City, NY, United States is US$82,519, with a range from US$61,889 - US$115,526. Salaries estimates are based on 2542 salaries submitted anonymously to Glassdoor by Investment Banking Associate employees in New York City, NY, United States.

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What are some related job titles for a Investment Banking Associate?

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Salaries in New York City, NY, United States

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Average Base Salary in (USD)

Range

JPMorgan Chase & Co
4

JPMorgan Chase & Co

Investment Banking Associate

US$228,988

 /yr
Range: US$144K - US$377K
269 salaries
See 1,651 salaries from all locations

US$144K

US$377K

US$143,765 - US$376,833 Range

Citi
3.9

Citi

Investment Banking Associate

US$212,435

 /yr
Range: US$140K - US$332K
137 salaries
See 1,651 salaries from all locations

US$140K

US$332K

US$139,864 - US$331,627 Range

Goldman Sachs
3.8

Goldman Sachs

Investment Banking Associate

US$263,847

 /yr
Range: US$170K - US$426K
120 salaries
See 1,651 salaries from all locations

US$170K

US$426K

US$169,685 - US$425,695 Range

Bank of America
4

Bank of America

Investment Banking Associate

US$234,189

 /yr
Range: US$150K - US$378K
104 salaries
See 1,651 salaries from all locations

US$150K

US$378K

US$150,251 - US$377,532 Range

Jefferies
4

Jefferies

Investment Banking Associate

US$231,881

 /yr
Range: US$152K - US$365K
94 salaries
See 1,651 salaries from all locations

US$152K

US$365K

US$152,099 - US$365,294 Range

Credit Suisse
3.9

Credit Suisse

Investment Banking Associate

US$212,252

 /yr
Range: US$136K - US$341K
89 salaries
See 1,651 salaries from all locations

US$136K

US$341K

US$135,685 - US$340,859 Range

Barclays
4

Barclays

Investment Banking Associate

US$208,072

 /yr
Range: US$138K - US$323K
74 salaries
See 1,651 salaries from all locations

US$138K

US$323K

US$138,298 - US$322,563 Range

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Morgan Stanley
3.9

Morgan Stanley

Investment Banking Associate

US$207,998

 /yr
Range: US$135K - US$331K
61 salaries
See 1,651 salaries from all locations

US$135K

US$331K

US$134,539 - US$330,954 Range

Deutsche Bank
3.8

Deutsche Bank

Investment Banking Associate

US$212,772

 /yr
Range: US$137K - US$341K
52 salaries
See 1,651 salaries from all locations

US$137K

US$341K

US$136,504 - US$340,866 Range

Merrill
3.9

Merrill

Investment Banking Associate

US$256,859

 /yr
Range: US$157K - US$433K
36 salaries
See 1,651 salaries from all locations

US$157K

US$433K

US$157,156 - US$433,144 Range

Guggenheim Partners
3.8

Guggenheim Partners

Investment Banking Associate

US$233,906

 /yr
Range: US$153K - US$368K
30 salaries
See 1,651 salaries from all locations

US$153K

US$368K

US$153,485 - US$368,226 Range

UBS
4

UBS

Investment Banking Associate

US$213,373

 /yr
Range: US$139K - US$338K
30 salaries
See 1,651 salaries from all locations

US$139K

US$338K

US$138,648 - US$337,988 Range

JPMorgan Chase & Co
4

JPMorgan Chase & Co

Associate, Investment Banking

US$200,320

 /yr
Range: US$125K - US$327K
30 salaries
See 1,651 salaries from all locations

US$125K

US$327K

US$125,322 - US$327,463 Range

Wells Fargo
3.6

Wells Fargo

Investment Banking Associate

US$253,252

 /yr
Range: US$164K - US$405K
28 salaries
See 1,651 salaries from all locations

US$164K

US$405K

US$164,211 - US$404,901 Range

RBC
4

RBC

Investment Banking Associate

US$208,455

 /yr
Range: US$133K - US$336K
27 salaries
See 1,651 salaries from all locations

US$133K

US$336K

US$132,520 - US$336,010 Range

Nomura Holdings
3.8

Nomura Holdings

Investment Banking Associate

US$236,546

 /yr
Range: US$154K - US$378K
23 salaries
See 1,651 salaries from all locations

US$154K

US$378K

US$153,863 - US$377,773 Range

Evercore Partners
4.3

Evercore Partners

Investment Banking Associate

US$271,154

 /yr
Range: US$178K - US$428K
22 salaries
See 1,651 salaries from all locations

US$178K

US$428K

US$178,014 - US$428,115 Range

BMO Capital Markets
4.2

BMO Capital Markets

Investment Banking Associate

US$280,342

 /yr
Range: US$178K - US$459K
18 salaries
See 1,651 salaries from all locations

US$178K

US$459K

US$178,072 - US$459,048 Range

Lazard
4.2

Lazard

Investment Banking Associate

US$239,787

 /yr
Range: US$150K - US$395K
17 salaries
See 1,651 salaries from all locations

US$150K

US$395K

US$149,586 - US$395,129 Range

Oppenheimer Holdings
3.6

Oppenheimer Holdings

Investment Banking Associate

US$209,908

 /yr
Range: US$136K - US$334K
16 salaries
See 1,651 salaries from all locations

US$136K

US$334K

US$135,539 - US$334,420 Range

Download as data table

Investment Banking Associate in New York City, NY, United States Salaries

Job TitleLocationSalary
Investment Banking Associate salaries - 269 salaries reportedNew York City, NY, United StatesUS$228,988/yr
Investment Banking Associate salaries - 137 salaries reportedNew York City, NY, United StatesUS$212,435/yr
Investment Banking Associate salaries - 120 salaries reportedNew York City, NY, United StatesUS$263,847/yr
Investment Banking Associate salaries - 104 salaries reportedNew York City, NY, United StatesUS$234,189/yr
Investment Banking Associate salaries - 94 salaries reportedNew York City, NY, United StatesUS$231,881/yr
Investment Banking Associate salaries - 89 salaries reportedNew York City, NY, United StatesUS$212,252/yr
Investment Banking Associate salaries - 74 salaries reportedNew York City, NY, United StatesUS$208,072/yr
Investment Banking Associate salaries - 61 salaries reportedNew York City, NY, United StatesUS$207,998/yr
Investment Banking Associate salaries - 52 salaries reportedNew York City, NY, United StatesUS$212,772/yr
Investment Banking Associate salaries - 36 salaries reportedNew York City, NY, United StatesUS$256,859/yr
Investment Banking Associate salaries - 30 salaries reportedNew York City, NY, United StatesUS$233,906/yr
Investment Banking Associate salaries - 30 salaries reportedNew York City, NY, United StatesUS$213,373/yr
Associate, Investment Banking salaries - 30 salaries reportedNew York City, NY, United StatesUS$200,320/yr
Investment Banking Associate salaries - 28 salaries reportedNew York City, NY, United StatesUS$253,252/yr
Investment Banking Associate salaries - 27 salaries reportedNew York City, NY, United StatesUS$208,455/yr
Investment Banking Associate salaries - 23 salaries reportedNew York City, NY, United StatesUS$236,546/yr
Investment Banking Associate salaries - 22 salaries reportedNew York City, NY, United StatesUS$271,154/yr
Investment Banking Associate salaries - 18 salaries reportedNew York City, NY, United StatesUS$280,342/yr
Investment Banking Associate salaries - 17 salaries reportedNew York City, NY, United StatesUS$239,787/yr
Investment Banking Associate salaries - 16 salaries reportedNew York City, NY, United StatesUS$209,908/yr
Viewing 1 - 10 of 1,651

Recent user submitted salaries for Banking Associate in New York City, NY?

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US$22

/hrAvg Base Salary

9 days ago by a Banking Associate with 1 to 3 years of experience

US$150,000

/yrAvg Base Salary
Cash BonusUS$90,000/yr

9 days ago by a Investment Banking Associate with 1 to 3 years of experience

US$45,000

/yrAvg Base Salary

10 days ago by a Investment Associate with 1 to 3 years of experience

US$175,000

/yrAvg Base Salary

10 days ago by a Investment Banking Associate with 4 to 6 years of experience

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US$100,000

/yrAvg Base Salary
Cash BonusUS$30,000/yr

18 days ago by a Investment Associate with 1 to 3 years of experience

US$175,000

/yrAvg Base Salary
Cash BonusUS$80,000/yr

20 days ago by a Investment Banking Associate with 1 to 3 years of experience

US$175,000

/yrAvg Base Salary

24 days ago by a Investment Banking Associate with 1 to 3 years of experience

US$42,000

/yrAvg Base Salary

24 days ago by a Media Investment Associate with 1 to 3 years of experience

US$200,000

/yrAvg Base Salary

25 days ago by a Investment Associate with 4 to 6 years of experience

US$225,000

/yrAvg Base Salary

29 days ago by a Investment Banking Associate with 4 to 6 years of experience

Download as data table

Recent user submitted salaries for Banking Associate?

Base PayCash BonusStock Bonus
US$22 /hr
US$150K /yrUS$90K /yr
US$45K /yr
US$175K /yr
US$100K /yrUS$30K /yr
US$175K /yrUS$80K /yr
US$175K /yr
US$42K /yr
US$200K /yr
US$225K /yr

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 US$228,159 per year in New York City, NY, United States. Salaries estimates are based on 2542 salaries submitted anonymously to Glassdoor by an Investment Banking Associate employees in New York City, NY, United States.

The highest salary for an Investment Banking Associate in New York City, NY, United States is US$300,817 per year.

The lowest salary for an Investment Banking Associate in New York City, NY, United States is US$176,364 per year.

Glassdoor's anonymous ratings report that 90% of investment banking associates are satisfied with the salary they make at their current job. Many of them also make an average of $82,518.51 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.

About 90.00% of Investment Banking Associate professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $82,519 in potential pay per year, among other factors, can qualify the annual pay of an Investment Banking Associate in New York City, NY as a good salary.

Investment Banking Associate professionals in New York City, NY have a wide total pay range, between $140,048 and $381,095 depending on experience, with an estimated total pay of $228,159 following the average career path of an Investment Banking Associate.

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