Best answer
Investment Banking Vice Presidents through Directors (AKA Senior VPs) earn base salaries ranging from$200K to $300K,with bonuses worth 120% 鈥?150% of base salaries. Total compensation ranges from ~$450K up to ~$700K.
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How much does a investment banking vice president make?
The national average salary for an Investment Banking Vice President is $196,044 per year in United States. Filter by location to see an Investment Banking Vice President salaries in your area.
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.
How long does it take to become a VP at a bank?
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. Most banks will promote you to VP only if they believe you鈥檙e capable of eventually becoming an MD.
How much do investment bankers make?
CFA Salary Guide The median CFA salary is approximately $180,000 in the United States while average total compensation over $300,000. Learn more about salaries, compensation, and what your expectations should be as a financial analyst in equity research, FPA, portfolio management, and other areas What Do Investment Bankers Do?