Business & Finance Baltimore, MD Pop. 585,708

Investment Banker Salary in Baltimore, Maryland

The median investment banker salary in Baltimore, MD is $146,900 per year, which is 13.0% above the national median and 1.7% below the Maryland state average.

City Median
$146,900
vs State Avg
$-2,600
vs National
+$16,900
Cost of Living
108%

Investment Banker Salary in Baltimore by Experience

In Baltimore, an entry-level investment banker earns around $90,400, while experienced professionals earn up to $339,000 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$90,400
+$10,400 vs national
Mid Level (3-7 yrs)
$152,550
+$17,550 vs national
Senior Level (8+ yrs)
$339,000
+$39,000 vs national

Salary Percentiles in Baltimore, MD

Percentile Baltimore
10th Percentile $84,750
25th Percentile $107,350
Median (50th) $146,900
75th Percentile $237,300
90th Percentile $361,600

Investment Banker Salary in Other Maryland Cities

How to Become a Investment Banker in Baltimore

Education

Most investment banker positions require a bachelor's degree. Baltimore and the surrounding Maryland area have institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Demand in Baltimore may vary based on local industry and population growth.