Best answer


$359,714

People also ask


  • How long does it take to become a VP?

  • Instead, you start as an Analyst or Associate and get promoted by performing well and proving that you can work well with clients. If you start as an Analyst, it might take 2-3 years to become an Associate, and it might then take another 3-4 years to become a VP.

  • Why would you want to become a VP in investment banking?

  • You could cite 鈥渢he money,鈥?or 鈥渨anting to work on exciting deals,鈥?but there is only one reason that you鈥檇 want to become a VP in investment banking: Because you want to make a long-term career out of investment banking and advance to the Managing Director position eventually.

  • What is the role of a VP?

  • Unlike Associates and Analysts, the VP does not get into the weeds of Excel models and PowerPoint pitch books, but instead spends time on tasks such as: Speaking with the Directors and Managing Directors to figure out what they want and translate it into achievable tasks.