Business & Finance Worcester, MA Pop. 206,518

Investment Banker Salary in Worcester, Massachusetts

The median investment banker salary in Worcester, MA is $152,100 per year, which is 17.0% above the national median and 17.6% below the Massachusetts state average.

City Median
$152,100
vs State Avg
$-32,500
vs National
+$22,100
Cost of Living
110%

Investment Banker Salary in Worcester by Experience

In Worcester, an entry-level investment banker earns around $93,600, while experienced professionals earn up to $351,000 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$93,600
+$13,600 vs national
Mid Level (3-7 yrs)
$157,950
+$22,950 vs national
Senior Level (8+ yrs)
$351,000
+$51,000 vs national

Salary Percentiles in Worcester, MA

Percentile Worcester
10th Percentile $87,750
25th Percentile $111,150
Median (50th) $152,100
75th Percentile $245,700
90th Percentile $374,400

Investment Banker Salary in Other Massachusetts Cities

How to Become a Investment Banker in Worcester

Education

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