College graduates entering the field of finance can expect investment banking salaries to start at $100,000 per year. Those who enter the industry with an MBA can expect to make even more, and bonuses are often included as well. The salary and bonus structure will depend on the firm or investment bank that you are working for.
While salary is obviously important, remember that as an entry level associate working with an investment bank, the experience you will gain is just as important as the money you make. If you prove yourself to be a good analyst or banker in your first job, you will be able to ask for more money quickly, and your earning potential will grow rapidly. Stay flexible, work the long hours that are required, and develop close professional relationships as you begin your career. Before you know it, you will find your salary climbing higher.
The recession has had an impact on investment banking salaries. Bonuses all but disappeared for a few years, but they have reappeared in 2011 averages. New financial reforms have put some pressure on Wall Street and the entire financial industry. However, entry level associates in investment banking still have many opportunities to make good money. The starting salary in this field is still well above other careers.
For 2012, investment banking salaries are expected to stay strong and even grow. Salaries nearly double as years of experience are gained, and those who reach the top of the profession can expect to make more than $350,000 per year. Managing directors can expect to make over a million dollars per year, when other compensation and bonuses are included. This is a lucrative career for anyone who is good at it. Performance is important as well, of course, and the better you do at your job, the more money you will earn.