Investment Banking Associate Salary in New York, NY

How much does an Investment Banking Associate make in New York, NY?

As of April 01, 2025, the average annual salary for an Investment Banking Associate in New York, NY is $44,235. Salary.com reports that pay typically ranges from $40,338 to $49,387, with most professionals earning between $36,791 and $54,079.

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Salary range for a Investment Banking Associate

$40,338 to $49,387

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Investment Banking Associate

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Job Openings for Investment Banking Associate in New York, NY

What does an Investment Banking Associate do?

Common responsibilities of an Investment Banking Associate

Assists with the development and documentation of achievable and sustainable action plans to remediate identified control weaknesses.

October 21, 2022

Demonstrated aptitude for quantitative and qualitative analysis with a solid understanding of financial statements, financial modeling and company or industry analysis.

November 08, 2022

Understanding of banking operations and the financial services regulatory and risk management environment.

January 27, 2023

Develop models, consisting of financial statements and data, as well as required key outputs, using discounted cash flow, merger, accretion/dilution, leveraged buyout, comparable company, comparable transaction and sum-of-the-parts analyses.

February 02, 2023

Prepares reports and provides insight to business on control / risk management including Error / Near Miss analyses.

February 07, 2023

Lead due diligence activities, including the collection and organization of data required in order to facilitate transaction execution.

February 25, 2023

Performs ongoing supervision of established business controls and applies maturing knowledge to perform root cause analyses, testing coordination and seeks guidance from team members to evaluate the effectiveness of established business controls.

February 26, 2023

Manage and mentor analysts by providing detailed guidance and feedback, managing information flow, and providing credit and exposure information to analyst, as appropriate.

March 23, 2023

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Investment Banking Associate Salary By Experience Levels in New York, NY

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Investment Banking Associate Salary By Level of Education in New York, NY

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Investment Banking Associate in New York, NY

Average Base Salary

Core compensation

40338

49387

44235

Average Total Cash Compensation

Includes base and annual incentives

40981

50310

44986

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 New York, NY. The base salary for Investment Banking Associate ranges from $40,338 to $49,387 with the average base salary of $44,235. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $40,981 to $50,310 with the average total cash compensation of $44,986.

View Average Salary for Investment Banking Associate as table

	Average Salary	Average Salary Range
Base Salary	$44,235	$40,338 - $49,387
Bonus	$751	$643 - $922
Total Pay	$44,986	$40,981 - $50,310

* 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.

Investment Banking Associate Salary Near New York, NY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO New York, NY
CITY, STATE West New York, NJ	AVERAGE SALARY RANGE $40,338 - $49,387	COMPARE TO New York, NY 0%
CITY, STATE Hoboken, NJ	AVERAGE SALARY RANGE $40,338 - $49,387	COMPARE TO New York, NY 0%
CITY, STATE Union City, NJ	AVERAGE SALARY RANGE $40,338 - $49,387	COMPARE TO New York, NY 0%
CITY, STATE Jersey City, NJ	AVERAGE SALARY RANGE $40,338 - $49,387	COMPARE TO New York, NY 0%
CITY, STATE Bronx, NY	AVERAGE SALARY RANGE $40,338 - $49,387	COMPARE TO New York, NY 0%
CITY, STATE Brooklyn, NY	AVERAGE SALARY RANGE $40,338 - $49,387	COMPARE TO New York, NY 0%

See salaries for Investment Banking Associate in locations close to New York, NY. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About New York, New York

The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 M...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Investment Banking Associate job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in New York, NY that might be a good fit for the type of job and salary you are looking for.

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40338

49387

About New York, New York The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York area prices were up 1.6% from a year ago

Investment Banking Associate Salary in popular cities: Buffalo, Rochester, Yonkers

Recently searched related titles: Banking Clerk, Operations Support Associate

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