Hi,
Does anyone have an idea about the starting salary for a sales analyst within asset management (institutional sales) in London at a bank like JP Morgan, Goldman Sachs or UBS? Is it much lower than for IBD or markets?
Thank you!
iamsatan wrote:
nevertheless... IBD pro rata rate is about what you get if you work in McDonaldHehe:) Guess it could be seen as more of an investment than AM sales though in terms of exit options etc.
I searched the forum for AM analyst salaries, and found old posts stating numbers around 28-30 k per year. So if it basically should be the same as in IBD or markets, it must be too low?
Edit: Found a more recent post - "36k-40k base, 5k sign on, bonus really depends." That sounds more reasonable...
choosing to work in IBD is not just a job choice, but also a lifestyle choice, which certainly doesn't appeal to me. Personally, I have never sent 1 app for IBD jobs. I had internship exp in markets and enjoyed it, but couldn't imagine that this would be the rest of my life, so I quitted.
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