Business & Finance Minneapolis, MN Pop. 429,954

Investment Banker Salary in Minneapolis, Minnesota

The median investment banker salary in Minneapolis, MN is $139,100 per year, which is 7.0% above the national median and 8.1% above the Minnesota state average.

City Median
$139,100
vs State Avg
+$10,400
vs National
+$9,100
Cost of Living
105%

Investment Banker Salary in Minneapolis by Experience

In Minneapolis, an entry-level investment banker earns around $85,600, while experienced professionals earn up to $321,000 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$85,600
+$5,600 vs national
Mid Level (3-7 yrs)
$144,450
+$9,450 vs national
Senior Level (8+ yrs)
$321,000
+$21,000 vs national

Salary Percentiles in Minneapolis, MN

Percentile Minneapolis
10th Percentile $80,250
25th Percentile $101,650
Median (50th) $139,100
75th Percentile $224,700
90th Percentile $342,400

Investment Banker Salary in Other Minnesota Cities

How to Become a Investment Banker in Minneapolis

Education

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