Business & Finance Springfield, MA Pop. 155,929

Investment Banker Salary in Springfield, Massachusetts

The median investment banker salary in Springfield, MA is $136,500 per year, which is 5.0% above the national median and 26.1% below the Massachusetts state average.

City Median
$136,500
vs State Avg
$-48,100
vs National
+$6,500
Cost of Living
98%

Investment Banker Salary in Springfield by Experience

In Springfield, an entry-level investment banker earns around $84,000, while experienced professionals earn up to $315,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$84,000
+$4,000 vs national
Mid Level (3-7 yrs)
$141,750
+$6,750 vs national
Senior Level (8+ yrs)
$315,000
+$15,000 vs national

Salary Percentiles in Springfield, MA

Percentile Springfield
10th Percentile $78,750
25th Percentile $99,750
Median (50th) $136,500
75th Percentile $220,500
90th Percentile $336,000

Investment Banker Salary in Other Massachusetts Cities

How to Become a Investment Banker in Springfield

Education

Most investment banker positions require a bachelor's degree. Springfield and the surrounding Massachusetts 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 Springfield may vary based on local industry and population growth.