Business & Finance Tennessee (TN) Rank #41 of 50

Investment Banker Salary in Tennessee

The median investment banker salary in Tennessee is $115,700 per year, which is 11% below the national median of $130,000.

Median Salary
$115,700
vs National
$-14,300
State Rank
#41 of 50
Cost of Living
89%

Investment Banker Salary in Tennessee by Experience

In Tennessee, an entry-level investment banker earns around $71,200, while experienced professionals earn up to $267,000 per year. The cost of living index in Tennessee is 89% of the national average.

Entry Level (0-2 yrs)
$71,200
$-8,800 vs national
Mid Level (3-7 yrs)
$120,150
$-14,850 vs national
Senior Level (8+ yrs)
$267,000
$-33,000 vs national

Salary Percentiles in Tennessee

Percentile TN Salary
10th Percentile $66,750
25th Percentile $84,550
Median (50th) $115,700
75th Percentile $186,900
90th Percentile $284,800

Investment Banker Salary by City in Tennessee

The largest employment areas for investment bankers in Tennessee include Nashville, Memphis, Knoxville, and Chattanooga. Salaries vary by city based on local cost of living and demand.

How to Become a Investment Banker in Tennessee

Education

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

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook in Tennessee

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