Business & Finance Ann Arbor, MI Pop. 123,851

Investment Banker Salary in Ann Arbor, Michigan

The median investment banker salary in Ann Arbor, MI is $136,500 per year, which is 5.0% above the national median and 16.7% above the Michigan state average.

City Median
$136,500
vs State Avg
+$19,500
vs National
+$6,500
Cost of Living
105%

Investment Banker Salary in Ann Arbor by Experience

In Ann Arbor, 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 105% 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 Ann Arbor, MI

Percentile Ann Arbor
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 Michigan Cities

How to Become a Investment Banker in Ann Arbor

Education

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