Investment Banker Salary in Boston, Massachusetts
The median investment banker salary in Boston, MA is $206,700 per year, which is 59.0% above the national median and 12.0% above the Massachusetts state average.
Investment Banker Salary in Boston by Experience
In Boston, an entry-level investment banker earns around $127,200, while experienced professionals earn up to $477,000 per year. The local cost of living index is 152% of the national average.
Salary Percentiles in Boston, MA
| Percentile | Boston |
|---|---|
| 10th Percentile | $119,250 |
| 25th Percentile | $151,050 |
| Median (50th) | $206,700 |
| 75th Percentile | $333,900 |
| 90th Percentile | $508,800 |
Investment Banker Salary in Other Massachusetts Cities
How to Become a Investment Banker in Boston
Education
Most investment banker positions require a bachelor's degree. Boston and the surrounding Massachusetts area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Demand in Boston may vary based on local industry and population growth.