Investment Banking Associate Salary in the United States

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How much does an Investment Banking Associate make?

As of April 01, 2025, the average annual salary for an Investment Banking Associate in the United States is $38,169. Salary.com reports that pay typically ranges from $34,808 to $42,616, with most professionals earning between $31,747 and $46,664.

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Salary range for a Investment Banking Associate
$34,808 to $42,616
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Investment Banking Associate Salary in Major Cities

This chart shows the salary comparison for Investment Banking Associate between major cities. San Francisco City consistently ranks #1 as of April 01, 2025. Click on the chart to see the detail salary data for Investment Banking Associate in each city.

Investment Banking Associate Salary by City

Click to see the salary for Investment Banking Associate in these major U.S. cities.
City Name Average Salary
San Francisco, CA $47,670
Washington, DC $42,261
Miami, FL $36,673
Chicago, IL $39,444
Boston, MA $42,570
New York, NY $44,235
Dallas, TX $37,692
If you'd like know Investment Banking Associate Salary in other cities, then please select a city in

Average Salary Range for Investment Banking Associate

Average Base Salary

Core compensation

 
 
 
34808
42616
38169

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
35362
43411
38818
What is the average salary for Investment Banking Associate in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Investment Banking Associate in the United States. The base salary for Investment Banking Associate ranges from $34,808 to $42,616 with the average base salary of $38,169. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $35,362 to $43,411 with the average total cash compensation of $38,818.

View Average Salary for Investment Banking Associate as table

Average Salary Average Salary Range
Base Salary $38,169 $34,808 - $42,616
Bonus $648 $555 - $796
Total Pay $38,818 $35,362 - $43,411
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

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Your target salary is ?
34808
42616

 

Comments about Investment Banking Associate

What's the difference between Investment Banking Technology Associate and Investment Banking Associate?
According to our latest salary estimation on April 01, 2025. The average salary of Investment Banking Associate is $38,169, and the average salary of Investment Banking Technology Associate is $63,023. The average salary of Investment Banking Technology Associate is higher than Investment Banking Associate. ( 2025-03-25 salary.com )
I am an Investment Banking Associate, which location’s salary is higher, Riverside, CA or Bossier City, LA?
Riverside, CA typically sees higher pay than Bossier City, LA for Investment Banking Associate. an Investment Banking Associate Salary in Riverside, CA is $40,273 as of April 01, 2025; an Investment Banking Associate Salary in Bossier City, LA is $35,017 as of April 01, 2025. ( 2025-03-25 salary.com )

Investment Banking Associate Frequently Asked Questions

Why does the salary of an Investment Banking Associate vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2025-03-25 salary.com )
What are the Pay Factors for Investment Banking Associate?
Salary ranges for an Investment Banking Associate can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2025-03-25 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2025-03-25 salary.com )

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Last Update: April 01, 2025