Business & Finance Albany, NY
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Investment Banker Salary in Albany, New York
The median investment banker salary in Albany, NY is $143,000 per year, which is 10.0% above the national median and 17.9% below the New York state average.
City Median
$143,000
vs State Avg
$-31,200
vs National
+$13,000
Cost of Living
98%
Investment Banker Salary in Albany by Experience
In Albany, an entry-level investment banker earns around $88,000, while experienced professionals earn up to $330,000 per year. The local cost of living index is 98% of the national average.
Entry Level (0-2 yrs)
$88,000
+$8,000 vs national
Mid Level (3-7 yrs)
$148,500
+$13,500 vs national
Senior Level (8+ yrs)
$330,000
+$30,000 vs national
Salary Percentiles in Albany, NY
| Percentile | Albany |
|---|---|
| 10th Percentile | $82,500 |
| 25th Percentile | $104,500 |
| Median (50th) | $143,000 |
| 75th Percentile | $231,000 |
| 90th Percentile | $352,000 |
Investment Banker Salary in Other New York Cities
How to Become a Investment Banker in Albany
Education
Most investment banker positions require a bachelor's degree. Albany and the surrounding New York 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 Albany may vary based on local industry and population growth.