Investment Banker Salary in Cambridge, Massachusetts
The median investment banker salary in Cambridge, MA is $217,100 per year, which is 67.0% above the national median and 17.6% above the Massachusetts state average.
Investment Banker Salary in Cambridge by Experience
In Cambridge, an entry-level investment banker earns around $133,600, while experienced professionals earn up to $501,000 per year. The local cost of living index is 160% of the national average.
Salary Percentiles in Cambridge, MA
| Percentile | Cambridge |
|---|---|
| 10th Percentile | $125,250 |
| 25th Percentile | $158,650 |
| Median (50th) | $217,100 |
| 75th Percentile | $350,700 |
| 90th Percentile | $534,400 |
Investment Banker Salary in Other Massachusetts Cities
How to Become a Investment Banker in Cambridge
Education
Most investment banker positions require a bachelor's degree. Cambridge 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 Cambridge may vary based on local industry and population growth.