Business & Finance Massachusetts (MA) Rank #2 of 50

Investment Banker Salary in Massachusetts

The median investment banker salary in Massachusetts is $184,600 per year, which is 42.0% above the national median of $130,000.

Median Salary
$184,600
vs National
+$54,600
State Rank
#2 of 50
Cost of Living
135%

Investment Banker Salary in Massachusetts by Experience

In Massachusetts, an entry-level investment banker earns around $113,600, while experienced professionals earn up to $426,000 per year. The cost of living index in Massachusetts is 135% of the national average.

Entry Level (0-2 yrs)
$113,600
+$33,600 vs national
Mid Level (3-7 yrs)
$191,700
+$56,700 vs national
Senior Level (8+ yrs)
$426,000
+$126,000 vs national

Salary Percentiles in Massachusetts

Percentile MA Salary
10th Percentile $106,500
25th Percentile $134,900
Median (50th) $184,600
75th Percentile $298,200
90th Percentile $454,400

Investment Banker Salary by City in Massachusetts

The largest employment areas for investment bankers in Massachusetts include Boston, Worcester, Springfield, and Cambridge. Salaries vary by city based on local cost of living and demand.

How to Become a Investment Banker in Massachusetts

Education

Most investment banker positions require a bachelor's degree. Massachusetts has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in Massachusetts

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Massachusetts's demand may vary based on local industry trends.