Business & Finance Rhode Island (RI) Rank #13 of 50

Investment Banker Salary in Rhode Island

The median investment banker salary in Rhode Island is $139,100 per year, which is 7.0% above the national median of $130,000.

Median Salary
$139,100
vs National
+$9,100
State Rank
#13 of 50
Cost of Living
105%

Investment Banker Salary in Rhode Island by Experience

In Rhode Island, an entry-level investment banker earns around $85,600, while experienced professionals earn up to $321,000 per year. The cost of living index in Rhode Island 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 Rhode Island

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

Investment Banker Salary by City in Rhode Island

The largest employment areas for investment bankers in Rhode Island include Providence, Warwick, Cranston, and Pawtucket. Salaries vary by city based on local cost of living and demand.

How to Become a Investment Banker in Rhode Island

Education

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

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in Rhode Island

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