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Investment Banking Associate salary

4 market ranges · employer-stated pay · updated Oct 19, 2026

The best-evidenced figure here is for investment banking associate roles at entry level across the United States: 29 postings where the employer stated pay put the middle half between $175,000 and $200,000, with a median of $187,500.

Every range here is counted from real postings, never modelled. 2 of the 4 ranges in the table rest on fewer than 10 postings and are marked hint: treat those as hints rather than benchmarks.

Every measured range

4 by market and level
MarketLevelMarket rangeMedianSample
United States · country-wide Entry $175,000 – $200,000 $187,500 29
United States · country-wide Senior $203,125 – $225,000 $218,750 6hint
Los Angeles Entry $170,000 – $200,000 $175,000 5hint
New York Entry $175,000 – $200,000 $187,500 16

Entry is junior titles. Mid is mid-level and manager titles. Senior is senior titles. Lead is director, VP and above. Rows marked hint rest on fewer than 10 postings: read them as a hint, not a benchmark.

Ranges span the 25th to 75th percentile of employer-stated base pay for the market and level. Median is the 50th percentile. Sample is the number of postings measured.

Pay by market

2 pages

Open investment banking associate roles · 60 with stated pay

this job's paywhere most pay sits here, $150,000–$225,000scale $90,000–$320,000

Investment Banking Associate, M&A Citi · San Francisco California United States New $175,000–$225,000 today Investment Banking Associate | Financial Services Lateral · Chicago New $175,000–$225,000 today Investment Banking Senior Associate - Technology M&A Citi · San Francisco California United States New $175,000–$225,000 2d ago Investment Banking Senior Associate / Junior Vice President – Power, Utilities & Renewables Guggenheim Securities · New York New $200,000–$250,000 2d ago Investment Banking Associate — Critical Minerals and Metals BMO · Miami Beach New $175,000–$200,000 3d ago Investment Banking Associate, Capital Markets - New York Moelis & Company (“Moelis”) · New York New $175,000–$225,000 3d ago Investment Banking Associate, Industrials - New York Moelis & Company (“Moelis”) · New York New $175,000–$225,000 3d ago Investment Banking Associate, Data Centers & Emerging Telecom – New York City Moelis & Company (“Moelis”) · New York New $175,000–$225,000 3d ago Investment Banking Associate, Real Estate, Gaming, Lodging & Leisure - New York Moelis & Company (“Moelis”) · New York New $175,000–$225,000 3d ago Investment Banking Associate I (Leveraged Finance & Debt Advisory) Raymond James · New York New $100,000–$175,000 3d ago Investment Banking Associate | Business Services Lateral · New York $175,000–$225,000 6d ago Investment Banking Associate | FinTech Lateral · New York $175,000 6d ago Investment Banking Associate | Technology Lateral · New York $175,000 6d ago Investment Banking Associate | Business Services Lateral · Los Angeles $175,000–$225,000 6d ago Investment Banking Associate | Oil & Gas Lateral · Houston $175,000–$200,000 6d ago Investment Banking Senior Associate - Healthcare Citi · San Francisco California United States $175,000–$225,000 9d ago Investment Banking Associate – Healthcare Medtech Pipersandler · Minneapolis $175,000–$200,000 9d ago Investment Banking Associate – Energy & Power – Services & Equipment Pipersandler · Houston 4 $135,000–$225,000 9d ago Investment Banking Associate | Industrials Lateral · Minneapolis $175,000–$225,000 10d ago Investment Banking Associate | Industrials Lateral · Washington DC $175,000–$225,000 10d ago Investment Banking Associate – Energy & Power – Upstream Pipersandler · Houston 4 $135,000–$225,000 12d ago Investment Banking Associate - REGAL Jefferies · New York $150,000–$225,000 2w ago Investment Banking Associate - Debt Capital Markets Citizens Financial Group · United States $175,000–$225,000 2w ago Investment Banking Associate, Technology BMO · Toronto CA$135,000 3w ago Investment Banking Associate BMO (Privileged) · Toronto CA$135,000 3w ago Investment Banking Associate BMO (Privileged) · New York $175,000–$225,000 3w ago Investment Banking Associate Santander · Madison Ave Corp $175,000–$225,000 3w ago Investment Banking Associate - Healthcare Nomura Holdings · New York $200,000–$225,000 3w ago Investment Banking Associate - FIG, Banks Jefferies · New York $150,000–$200,000 4w ago Investment Banking Senior Associate/Junior VP – Paper and Packaging (NYC) Raymond James · New York $130,000–$250,000 4w ago Investment Banking Associate - Power, Utilities & Infrastructure (Renewables) Truist · New York $175,000 4w ago Investment Banking Associate - Equity Capital Markets Citi · San Francisco California United States $175,000–$225,000 5w ago Investment Banking Sr Associate Citi · New York New York United States $200,000–$225,000 5w ago Sr Investment Banking Associate - Healthcare Truist · Atlanta $275,000 5w ago Sr Investment Banking Associate - TMT Truist · New York $225,000 5w ago Investment Banking Senior Associate - Technology Citi · ONE MARKET PLAZA $175,000–$225,000 5w ago Investment Banking Associate - Technology Nomura Holdings · New York $175,000–$200,000 5w ago Corporate & Investment Banking Associate - TMT Sumitomo Mitsui Banking Corporation · Los Angeles $150,000–$200,000 5w ago Investment Banking Associate - Financial Services - Specialty Finance Pipersandler · Charlotte #2 $175,000–$225,000 5w ago Investment Banking Senior Associate - Financial Services - PropTech Pipersandler · New York $200,000–$250,000 5w ago Investment Banking Senior Associate Citi · New York New York United States $200,000–$225,000 6w ago Investment Banking Associate Plante Moran · Southfield $135,000–$155,000 6w ago Investment Banking Associate - Services & Industrials Pipersandler · Minneapolis $135,000–$225,000 6w ago Investment Banking Senior Associate / Junior VP - Defense & Government Services (McLean, VA) Raymond James · Mc Lean $130,000–$225,000 6w ago Investment Banking Associate - Defense & Government Services (McLean, VA) Raymond James · Mc Lean $100,000–$175,000 6w ago Investment Banking Associate II Citizens Financial Group · Boston $195,000–$200,000 7w ago Investment Banking Associate - M&A - Seattle Cliftonlarsonallen · Seattle $125,000–$225,000 8w ago Investment Banking Associate - Healthcare & Life Sciences MUFG · Nashville $170,000 8w ago Public Finance Investment Banking Associate - Special District Group Pipersandler · Houston 4 $100,000 8w ago Public Finance Investment Banking Associate - Special District Group Pipersandler · Denver $100,000 8w ago Investment Banking Associate - Chemicals Pipersandler · New York $135,000–$200,000 2mo ago Investment Banking Associate - Services & Industrials Pipersandler · Birmingham $135,000–$225,000 2mo ago Investment Banking Associate MUFG · Los Angeles $170,000 3mo ago Investment Banking Associate - Industrials MUFG · Charlotte $170,000 3mo ago Investment Banking Associate – Technology Pipersandler · Charlotte #2 $175,000–$200,000 3mo ago Investment Banking Associate - Healthcare & Life Sciences MUFG · Los Angeles $170,000 3mo ago Investment Banking Associate / Vice President – Consumer, Retail and Restaurant Guggenheim Securities · New York $175,000–$250,000 4mo ago Investment Banking Associate – Consumer (Food, Beverage & Agriculture ) MUFG · Los Angeles $170,000 4mo ago Investment Banking Senior Associate - Depositories Pipersandler · Houston 4 $175,000–$225,000 4mo ago Investment Banking Associate - IB Healthcare Jefferies · New York $150,000–$225,000 11mo ago