Business & Finance New York City, NY Pop. 8,336,817

Investment Banker Salary in New York City, New York

The median investment banker salary in New York City, NY is $258,700 per year, which is 99.0% above the national median and 48.5% above the New York state average.

City Median
$258,700
vs State Avg
+$84,500
vs National
+$128,700
Cost of Living
187%

Investment Banker Salary in New York City by Experience

In New York City, an entry-level investment banker earns around $159,200, while experienced professionals earn up to $597,000 per year. The local cost of living index is 187% of the national average.

Entry Level (0-2 yrs)
$159,200
+$79,200 vs national
Mid Level (3-7 yrs)
$268,650
+$133,650 vs national
Senior Level (8+ yrs)
$597,000
+$297,000 vs national

Salary Percentiles in New York City, NY

Percentile New York City
10th Percentile $149,250
25th Percentile $189,050
Median (50th) $258,700
75th Percentile $417,900
90th Percentile $636,800

Investment Banker Salary in Other New York Cities

How to Become a Investment Banker in New York City

Education

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