The investment banking career path and corporate hierarchy have remained fairly consistent over time. Depending on the bank some titles may vary, but typically there are five main roles in an investment bank: Analyst, Associate, Vice President, Director, and Managing Director. Each role has its own set of responsibilities and tasks, which will be discussed in further detail below.

Investment Banking Analyst

The Analyst is the starting position in an investment bank and the foundation of the investment banking team. By conducting financial analysis of companies, preparing pitches to potential clients, and creating financial models they support senior bankers and ensure that they have all necessary tools at hand to win and close deals.

Investment Banking Analyst responsibilities usually include:

• Analyzing a company’s financial statements
• Researching and analyzing industries and businesses
• Preparing pitch books
• Building financial models
• Conducting market analysis
• Participating in client meetings

Salary of an Investment Banking Analyst

An investment banking analyst typically earns a salary that ranges from $70,000 to $100,000. The salary depends on the city in which they work, their level of experience, and the bank they are employed at. Analyst salaries usually increase over time as they gain experience and move up the corporate ladder.

Entry Requirements to Become an Investment Banking Analysts

The competitive nature of the investment banking industry has made it one that only highly qualified students from top-notch universities should consider. If applicants want to have any chance at getting in, they need to have excellent grades, complete multiple internships, and build a strong network.