How much do investment bankers earn?? (1 Viewer)

SylviaB

Just Bee Yourself 🐝
Joined
Nov 26, 2008
Messages
6,897
Location
Lidcombe
Gender
Female
HSC
2021
start a business instead

if you're smart & hard-working enough to be an IB at a top bank then you'll probably have a good chance of earning comparable amounts of money (not straight away of course)

and the fact that you're working your arse off towards something that you own and that you have built will be infinitely more satisfying than the additional IB salary you could be making ever will be
 

Omnidragon

Devil
Joined
Jan 4, 2005
Messages
935
Location
Melbourne
Gender
Male
HSC
2003
Uni Grad
2007
But how long did it take you to get to work? I think it would get annoying over time if you're working till 2am everyday and still have to travel home a fair distance if you lived far away.
Back then, 30 minutes in the morning by bus. 10 minutes by taxi at night. In my office I think only one person lived in the CBD. Everyone else lived inner city. These days I drive in to the CBD and try to avoid the morning rush and leave around 9:30 so it takes around 20 minutes including parking.

Everything you do today may have significance in the future. Does it yield any tangible benefits? Could just be a talking point over dinner, but maybe it's part and parcel of the image you build that gets one more person to give you some more capital to invest.
 

wndid

New Member
Joined
Jan 16, 2013
Messages
10
Gender
Male
HSC
2009
Anyone know the salary figures for corporate finance in aus? obviously expecting it to be much less then M&A
 

Aerath

Retired
Joined
May 10, 2007
Messages
10,169
Gender
Undisclosed
HSC
N/A
Investment bankers, despite the attractive salary, in most cases, do not have commensurate savings. It takes a certain amount of expenditure to maintain such a lifestyle, especially with respect to maintaining kudos within the workplace and being part of the group. Call it peer pressure. These guys can go out one night, and blow $2k on drinks and stuff.

Play hard, party hard.
 

lordfraction

Member
Joined
Sep 10, 2011
Messages
262
Location
Kirribili
Gender
Male
HSC
2012
Uni Grad
2016
Investment bankers, despite the attractive salary, in most cases, do not have commensurate savings. It takes a certain amount of expenditure to maintain such a lifestyle, especially with respect to maintaining kudos within the workplace and being part of the group. Call it peer pressure. These guys can go out one night, and blow $2k on drinks and stuff.

Play hard, party hard.
I saw that the average wage for an Investment banker is 100k which is on par with an accountant.
 

nerdasdasd

Dont.msg.me.about.english
Joined
Jul 29, 2009
Messages
5,353
Location
A, A
Gender
Male
HSC
2012
Uni Grad
2017
Hmm, maybe that makes me think about , do I really wanna major in IB....
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top