Business & Finance New York (NY) Rank #4 of 50

Investment Banker Salary in New York

The median investment banker salary in New York is $174,200 per year, which is 34.0% above the national median of $130,000.

Median Salary
$174,200
vs National
+$44,200
State Rank
#4 of 50
Cost of Living
122%

Investment Banker Salary in New York by Experience

In New York, an entry-level investment banker earns around $107,200, while experienced professionals earn up to $402,000 per year. The cost of living index in New York is 122% of the national average.

Entry Level (0-2 yrs)
$107,200
+$27,200 vs national
Mid Level (3-7 yrs)
$180,900
+$45,900 vs national
Senior Level (8+ yrs)
$402,000
+$102,000 vs national

Salary Percentiles in New York

Percentile NY Salary
10th Percentile $100,500
25th Percentile $127,300
Median (50th) $174,200
75th Percentile $281,400
90th Percentile $428,800

Investment Banker Salary by City in New York

The largest employment areas for investment bankers in New York include New York City, Buffalo, Rochester, and Yonkers. Salaries vary by city based on local cost of living and demand.

How to Become a Investment Banker in New York

Education

Most investment banker positions require a bachelor's degree. New York has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in New York

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). New York's demand may vary based on local industry trends.