The average salary for an investment banker in the United States is around $79,203 per year.
Avg Salary
Investment bankers earn an average yearly salary of $79,203.
Wages typically start from $44,006 and go up to $142,551.
33% above national average Updated in 2023
Investment banker earnings by seniority
Top-level investment banker earnings begin at:
$68.53 per hour
$142,551 per year
Senior-level investment banker earnings begin at:
$51.88 per hour
$107,912 per year
Mid-level investment banker earnings begin at:
$38.08 per hour
$79,203 per year
Junior-level investment banker earnings begin at:
$27.95 per hour
$58,132 per year
Starting level investment banker earnings begin at:
$21.16 per hour
$44,006 per year
Approximate values based on highest and lowest earning segments.
Investment banker salary by state
| State Name | Average Salary |
|---|---|
| Maryland | $87,190 |
| New York | $81,960 |
| Connecticut | $81,090 |
| Virginia | $80,950 |
| New Jersey | $80,510 |
| Ohio | $80,290 |
| Colorado | $79,830 |
| Oregon | $79,030 |
| Rhode Island | $78,870 |
| Indiana | $78,120 |
| Pennsylvania | $78,080 |
| Massachusetts | $77,740 |
| South Carolina | $77,560 |
| Hawaii | $77,450 |
| Illinois | $77,450 |
| California | $77,420 |
| North Carolina | $76,570 |
| Alaska | $76,540 |
| Utah | $76,450 |
| Michigan | $75,560 |
| North Dakota | $75,420 |
| Georgia | $75,090 |
| Minnesota | $74,670 |
| Alabama | $73,510 |
| Delaware | $73,080 |
| Guam | $71,410 |
| West Virginia | $71,240 |
| Washington | $70,800 |
| Arizona | $69,200 |
| New Hampshire | $68,870 |
| Oklahoma | $66,790 |
| Maine | $63,830 |
| Vermont | $63,470 |
| New Mexico | $62,710 |
| Montana | $62,340 |
| Texas | $61,570 |
| Missouri | $61,170 |
| Iowa | $60,970 |
| Arkansas | $60,830 |
| Tennessee | $60,390 |
| Louisiana | $57,760 |
| Nebraska | $55,390 |
| Kentucky | $53,410 |
| Wyoming | $53,410 |
| Idaho | $50,990 |
| Wisconsin | $50,120 |
| Mississippi | $49,490 |
| South Dakota | $48,300 |
| Florida | $48,270 |
| Kansas | $48,060 |
| Nevada | $39,780 |
| Puerto Rico | $30,470 |
| District of Columbia | $107,540 |
How do investment banker salaries compare to similar careers?
Investment bankers earn about the same as related careers in the United States. On average, they make less than financial managers but more than business analysts.
| Career | Median Salary |
|---|---|
| Financial manager salary | $97K |
| Financial quantitative analyst salary | $98K |
| Risk management specialist salary | $90K |
| Economist salary | $84K |
| Consultant salary | $87K |
| Investment banker salary | $79K |
| Mathematician salary | $75K |
| Fundraising manager salary | $69K |
| Securities and commodities broker salary | $73K |
| Business analyst salary | $69K |
Source: CareerExplorer (Aggregated)