Investment Banker Salary
Investment bankers help companies raise capital, advise on mergers and acquisitions, and manage complex financial transactions.
Investment Banker Salary by Experience Level
Entry-level investment bankers earn around $80,000 per year, while mid-career professionals earn $135,000. Senior-level investment bankers can earn $300,000 or more.
Salary Percentile Breakdown
The salary range for investment bankers varies significantly. The bottom 10% earn $75,000, while the top 10% earn $320,000.
| Percentile | Annual Salary |
|---|---|
| 10th Percentile | $75,000 |
| 25th Percentile | $95,000 |
| 50th Percentile (Median) | $130,000 |
| 75th Percentile | $210,000 |
| 90th Percentile | $320,000 |
Investment Banker Salary by State
Investment Banker salaries vary significantly by state due to cost of living, demand, and industry concentration. The highest paying state is Hawaii at $221,000, while Mississippi offers the lowest at $107,900.
| State | Median | |
|---|---|---|
| #1 Hawaii | $221,000 | Details → |
| #2 Massachusetts | $184,600 | Details → |
| #3 California | $179,400 | Details → |
| #4 New York | $174,200 | Details → |
| #5 Alaska | $161,200 | Details → |
| #6 New Jersey | $159,900 | Details → |
| #7 Connecticut | $156,000 | Details → |
| #8 Maryland | $149,500 | Details → |
| #9 Washington | $149,500 | Details → |
| #10 Oregon | $143,000 | Details → |
| #11 Virginia | $141,700 | Details → |
| #12 New Hampshire | $139,100 | Details → |
| #13 Rhode Island | $139,100 | Details → |
| #14 Delaware | $137,800 | Details → |
| #15 Colorado | $136,500 | Details → |
| #16 Illinois | $131,300 | Details → |
| #17 Vermont | $131,300 | Details → |
| #18 Pennsylvania | $130,000 | Details → |
| #19 Minnesota | $128,700 | Details → |
| #20 Florida | $127,400 | Details → |
| #21 Maine | $127,400 | Details → |
| #22 Arizona | $126,100 | Details → |
| #23 Nevada | $126,100 | Details → |
| #24 Utah | $126,100 | Details → |
| #25 Georgia | $123,500 | Details → |
| #26 Montana | $123,500 | Details → |
| #27 North Carolina | $123,500 | Details → |
| #28 Idaho | $122,200 | Details → |
| #29 New Mexico | $120,900 | Details → |
| #30 Nebraska | $119,600 | Details → |
| #31 Texas | $119,600 | Details → |
| #32 Wisconsin | $119,600 | Details → |
| #33 Wyoming | $119,600 | Details → |
| #34 Louisiana | $118,300 | Details → |
| #35 Indiana | $117,000 | Details → |
| #36 Michigan | $117,000 | Details → |
| #37 North Dakota | $117,000 | Details → |
| #38 Ohio | $117,000 | Details → |
| #39 Iowa | $115,700 | Details → |
| #40 South Carolina | $115,700 | Details → |
| #41 Tennessee | $115,700 | Details → |
| #42 Missouri | $114,400 | Details → |
| #43 South Dakota | $114,400 | Details → |
| #44 Alabama | $113,100 | Details → |
| #45 Kansas | $113,100 | Details → |
| #46 Kentucky | $113,100 | Details → |
| #47 Oklahoma | $111,800 | Details → |
| #48 Arkansas | $109,200 | Details → |
| #49 West Virginia | $109,200 | Details → |
| #50 Mississippi | $107,900 | Details → |
Key Responsibilities
- ● Advise on mergers and acquisitions
- ● Structure and execute capital raises
- ● Perform financial modeling and valuation
- ● Prepare pitch books and presentations
- ● Manage client relationships
Top Skills
Education Required
Bachelor's degree
Job Outlook
Faster than average — projected 7% growth over the next decade