Q: 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.

Question 1

How long does it take to become an associate at an investment bank?

Accepted Answer

It typically takes a minimum of three years of work experience to become an associate at an investment bank. While some investment banks, like Goldman Sachs, have accelerated programs that take two years, this is not the norm.

Question 2

What is the role of an investment associate?

Accepted Answer

The role of an investment associate is to research and recommend investment opportunities. An investment associate uses data analysis to assess a company's financial capacity and investment risks. Working as an investment banking associate ensures accurate financial and investment planning.

Question 3

How much do associates at Goldman Sachs make?

Accepted Answer

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.

Question 4

How much does an associate at JP Morgan earn?

Accepted Answer

An associate at JP Morgan earns around $85,000 in a year, on average. The pay for an associate position at JP Morgan can range from $75,000 per year to over $100,00 in a year.

This is because several factors influence the salary of associates at JP Morgan. These factors include education, experience level, and location.

Question 5

What are good investment jobs?

Accepted Answer

Good investment jobs are at high-profile investment banks like JP Morgan, Morgan Stanley, and Goldman Sachs. These jobs include mergers and acquisitions, underwriting, private equity, and venture capital.

Question 6

What is the difference between an analyst and an associate in investment banking?

Accepted Answer

The difference between an analyst and an associate in investment banking is their level of responsibility. An analyst is an entry-level position, which a person typically stays in for about three years before being promoted to an associate.

Frequently asked questions about investment associates

Questions about becoming an investment associate