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This question is about investment associate salaries.
How much do associates at Goldman Sachs make?
Associates at Goldman Sachs make around $95,000 in a year. The pay for an associate position at Goldman Sachs can range from $85,000 per year to over $150,00 in a year.
This is because several factors influence the salary of associates at Goldman Sachs. These factors include education, experience level, and location.
Investment banking associates at Goldman Sachs interact directly with senior team members and gain valuable experience in the industry. At the most basic level, the investment banking associate role covers all areas of the firm, including sourcing, due diligence, investment analysis, and investor reporting.
This means that the more educated and experienced associates can earn more because they already have the foundational knowledge of investment banking. They can also progress more in their career and are compensated according to the value they will eventually bring to the company.
The other biggest determining factor for whether an associate at Goldman Sachs will make higher than average salaries is their location. Big cities like New York and San Francisco come with higher base salaries and more opportunities to get bonuses and other pay incentives.
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