Average Salary
$76,338
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
26,936
Job Openings

Investment Banking Analyst Careers

An Investment Banking Analyst works as part of an investment banking team in an organization. This is an entry-level role in most entities, reporting to an investment banker.

Much of their work involves building financial models, preparing presentations, conducting financial analysis, risk analysis, and due diligence with the ultimate objective of helping clients make sound investment decisions. They may also be required to meet with clients to ascertain their needs and to provide administrative support to senior members of the team.

Investment banking analysts may be employed in investment banks, stock brokerage firms, or even investment management companies. As an investment banking analyst, you can choose to specialize in a particular field and only work on companies in that industry, e.g., real estate, manufacturing, telecommunication, healthcare, tech, etc.

The working hours for an investment banking analyst are unpredictable. On some days, they work long hours, and on other days they work regular hours. Regardless, they are expected to be on call all the time because urgent requests and emails may come up at any time.

There is more than meets the eye when it comes to being an investment banking analyst. For example, did you know that they make an average of $36.7 an hour? That's $76,338 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.

What Does an Investment Banking Analyst Do

There are certain skills that many investment banking analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, computer skills and analytical skills.

When it comes to the most important skills required to be an investment banking analyst, we found that a lot of resumes listed 16.9% of investment banking analysts included financial models, while 7.3% of resumes included capital markets, and 5.7% of resumes included healthcare. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the investment banking analyst job title. But what industry to start with? Most investment banking analysts actually find jobs in the finance and professional industries.

How To Become an Investment Banking Analyst

If you're interested in becoming an investment banking analyst, one of the first things to consider is how much education you need. We've determined that 83.2% of investment banking analysts have a bachelor's degree. In terms of higher education levels, we found that 13.4% of investment banking analysts have master's degrees. Even though most investment banking analysts have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an investment banking analyst. When we researched the most common majors for an investment banking analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on investment banking analyst resumes include high school diploma degrees or doctoral degree degrees.

You may find that experience in other jobs will help you become an investment banking analyst. In fact, many investment banking analyst jobs require experience in a role such as summer analyst. Meanwhile, many investment banking analysts also have previous career experience in roles such as internship or investment banking internship.

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Average Salary
$76,338
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
26,936
Job Openings

Investment Banking Analyst Career Paths

Top Careers Before Investment Banking Analyst

Top Careers After Investment Banking Analyst

Associate
17.3 %

Investment Banking Analyst Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for an Investment Banking Analyst

Investment Banking Analysts in America make an average salary of $76,338 per year or $37 per hour. The top 10 percent makes over $90,000 per year, while the bottom 10 percent under $64,000 per year.
Average Salary
$76,338
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Best Paying Cities For Investment Banking Analysts

City
ascdesc
Average Salarydesc
San Francisco, CA
Salary Range66k - 117k$88k$88,309
New York, NY
Salary Range59k - 111k$82k$81,641
Stamford, CT
Salary Range57k - 108k$79k$79,026
Minneapolis, MN
Salary Range57k - 92k$73k$73,200
Boston, MA
Salary Range51k - 100k$72k$72,257
Houston, TX
Salary Range51k - 94k$70k$69,557
Philadelphia, PA
Salary Range49k - 91k$67k$67,223
Reston, VA
Salary Range49k - 87k$66k$65,581
Denver, CO
Salary Range50k - 80k$64k$63,656
Chicago, IL
Salary Range48k - 80k$63k$62,801
Charlotte, NC
Salary Range46k - 83k$63k$62,627
Saint Louis, MO
Salary Range47k - 79k$61k$61,278
Milwaukee, WI
Salary Range45k - 75k$59k$58,707
Newark, DE
Salary Range41k - 75k$56k$55,683
Atlanta, GA
Salary Range41k - 74k$56k$55,588
Saint Petersburg, FL
Salary Range38k - 71k$53k$52,836
Charleston, SC
Salary Range35k - 63k$47k$47,036
$35k
$117k

Recently Added Salaries

CompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Investment Banking Analyst
Guggenheim Securities, LLC
03/23/2021
$85,00003/23/2021
Investment Banking Analyst
BKD, LLP
03/23/2021
$65,00003/23/2021
Investment Banking Analyst
Guggenheim Securities, LLC
03/19/2021
$95,00003/19/2021
Investment Banking Analyst
Jefferies LLC
03/19/2021
$85,00003/19/2021
Investment Banking Analyst
Jefferies LLC
03/17/2021
$85,00003/17/2021
See More Recent Salaries

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Investment Banking Analyst Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming an Investment Banking Analyst. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write an Investment Banking Analyst Resume

At Zippia, we went through countless Investment Banking Analyst resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Investment Banking Analyst Resume Examples And Templates

Investment Banking Analyst Demographics

Gender

male

64.7 %

female

22.2 %

unknown

13.1 %

Ethnicity

White

70.4 %

Asian

12.9 %

Hispanic or Latino

8.1 %

Foreign Languages Spoken

Spanish

22.8 %

Mandarin

19.0 %

Chinese

15.0 %
Show More Investment Banking Analyst Demographics

Investment Banking Analyst Education

Majors

Finance
35.4 %
Economics
19.3 %
Business
16.5 %

Degrees

Bachelors

83.2 %

Masters

13.4 %

High School Diploma

1.0 %

Top Colleges for Investment Banking Analysts

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

5. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

6. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

7. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

8. University of Notre Dame

Notre Dame, IN • Private

In-State Tuition
$53,391
Enrollment
8,568

9. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

10. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083
Show More Investment Banking Analyst Education Requirements

Online Courses For Investment Banking Analyst That You May Like

Investment Banking: The Complete Financial Ratio Analysis
udemy
4.2
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Investment Banking For Investors & Financial Analysts - How to Perform Financial Statement Analysis & Company Valuation...

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Top Skills For an Investment Banking Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 16.9% of investment banking analysts listed financial models on their resume, but soft skills such as communication skills and computer skills are important as well.

Best States For an Investment Banking Analyst

Some places are better than others when it comes to starting a career as an investment banking analyst. The best states for people in this position are Alaska, New York, Connecticut, and California. Investment banking analysts make the most in Alaska with an average salary of $95,769. Whereas in New York and Connecticut, they would average $81,759 and $79,670, respectively. While investment banking analysts would only make an average of $79,005 in California, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Investment Banking Analyst Jobs:
2,033
Highest 10% Earn:
$146,000
Location Quotient:
1.84
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Connecticut

Total Investment Banking Analyst Jobs:
278
Highest 10% Earn:
$144,000
Location Quotient:
0.97
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. California

Total Investment Banking Analyst Jobs:
2,754
Highest 10% Earn:
$138,000
Location Quotient:
1.09
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Investment Banking Analysts

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Top Investment Banking Analyst Employers

1. JPMorgan Chase & Co.
4.9
Avg. Salary: 
$79,135
Investment Banking Analysts Hired: 
256+
2. Citigroup
4.8
Avg. Salary: 
$76,201
Investment Banking Analysts Hired: 
181+
3. UBS
4.8
Avg. Salary: 
$77,820
Investment Banking Analysts Hired: 
152+
4. JPMorgan Chase & Co.
4.9
Avg. Salary: 
$79,135
Investment Banking Analysts Hired: 
108+
5. Nomura
4.8
Avg. Salary: 
$79,679
Investment Banking Analysts Hired: 
101+
6. Citigroup
4.8
Avg. Salary: 
$76,201
Investment Banking Analysts Hired: 
100+

Investment Banking Analyst Videos

Updated August 18, 2021