Investment Banker Salary in Illinois
The median investment banker salary in Illinois is $131,300 per year, which is 1.0% above the national median of $130,000.
Investment Banker Salary in Illinois by Experience
In Illinois, an entry-level investment banker earns around $80,800, while experienced professionals earn up to $303,000 per year. The cost of living index in Illinois is 95% of the national average.
Salary Percentiles in Illinois
| Percentile | IL Salary |
|---|---|
| 10th Percentile | $75,750 |
| 25th Percentile | $95,950 |
| Median (50th) | $131,300 |
| 75th Percentile | $212,100 |
| 90th Percentile | $323,200 |
Investment Banker Salary by City in Illinois
The largest employment areas for investment bankers in Illinois include Chicago, Aurora, Naperville, and Rockford. Salaries vary by city based on local cost of living and demand.
How to Become a Investment Banker in Illinois
Education
Most investment banker positions require a bachelor's degree. Illinois has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Illinois
Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Illinois's demand may vary based on local industry trends.