Investment banking associate demographics and statistics in the US
Investment banking associate demographics research summary. Zippia estimates investment banking associate demographics and statistics in the United States by using a database of 30 million profiles. Our investment banking associate estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about investment banking associates after extensive research and analysis:
- There are over 6,351 investment banking associates currently employed in the United States.
- 21.4% of all investment banking associates are women, while 78.6% are men.
- The average investment banking associate age is 39 years old.
- The most common ethnicity of investment banking associates is White (68.0%), followed by Asian (14.1%), Hispanic or Latino (7.7%) and Black or African American (5.6%).
- Investment banking associates are most in-demand in New York, NY.
- The finance industry is the highest-paying for investment banking associates.
- 7% of all investment banking associates are LGBT.
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Investment banking associate demographics by:
Investment banking associate gender statistics
21.4% of investment banking associates are women and 78.6% of investment banking associates are men.
- Male, 78.6%
- Female, 21.4%
Investment banking associate gender ratio
| Gender | Percentages |
|---|---|
| Male | 78.6% |
| Female | 21.4% |
Investment banking associate gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$115,244
Female income
$106,107
Investment banking associate gender ratio over time
This data breaks down the percentage of men and women in investment banking associate positions over time. Currently, 21.4% of investment banking associates are female.
Investment banking associate gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 85.68% | 14.32% |
| 2011 | 82.97% | 17.03% |
| 2012 | 87.33% | 12.67% |
| 2013 | 86.49% | 13.51% |
| 2014 | 81.58% | 18.42% |
| 2015 | 80.78% | 19.22% |
| 2016 | 81.11% | 18.89% |
| 2017 | 82.05% | 17.95% |
| 2018 | 81.35% | 18.65% |
| 2019 | 77.93% | 22.07% |
| 2020 | 80.42% | 19.58% |
| 2021 | 78.65% | 21.35% |
Investment banking associate related jobs gender ratio
We compared investment banking associates with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Investment Banking Associate | 79% | 21% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Investment banking associate demographics by race
The most common ethnicity among investment banking associates is White, which makes up 68.0% of all investment banking associates. Comparatively, 14.1% of investment banking associates are Asian and 7.7% of investment banking associates are Hispanic or Latino.
- White, 68.0%
- Asian, 14.1%
- Hispanic or Latino, 7.7%
- Black or African American, 5.6%
- Unknown, 4.5%
- American Indian and Alaska Native, 0.1%
Investment banking associate race
| Investment banking associate race | Percentages |
|---|---|
| White | 68.0% |
| Asian | 14.1% |
| Hispanic or Latino | 7.7% |
| Black or African American | 5.6% |
| Unknown | 4.5% |
| American Indian and Alaska Native | 0.1% |
Investment banking associate race and ethnicity over time
See how investment banking associate racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Investment banking associate race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.44% | 4.81% | 12.62% | 6.10% |
| 2011 | 74.93% | 4.46% | 14.14% | 5.35% |
| 2012 | 76.93% | 3.30% | 13.04% | 5.16% |
| 2013 | 75.59% | 6.21% | 11.23% | 5.29% |
| 2014 | 71.12% | 6.21% | 14.96% | 5.98% |
| 2015 | 70.30% | 6.22% | 15.11% | 6.75% |
| 2016 | 71.49% | 6.15% | 13.89% | 6.23% |
| 2017 | 70.08% | 5.44% | 15.15% | 7.12% |
| 2018 | 70.38% | 6.31% | 12.91% | 8.11% |
| 2019 | 69.42% | 6.96% | 13.11% | 8.22% |
| 2020 | 67.46% | 5.46% | 13.09% | 9.10% |
| 2021 | 68.00% | 5.64% | 14.09% | 7.67% |
Investment banking associate wage gap by race
According to our data, asian investment banking associates have the highest average salary compared to other ethnicities. Black or african american investment banking associates have the lowest average salary at $104,512.
| Ethnicity | Salary |
|---|---|
| Unknown | $112,558 |
| White | $117,985 |
| Black or African American | $104,512 |
| Asian | $129,930 |
| Hispanic or Latino | $112,723 |
Average investment banking associate age
See how the average age of investment banking associates varies based on ethnicity and gender.
Male
Female
Investment banking associate age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 33 | 38 |
| White | 35 | 41 |
| Black or African American | 40 | 42 |
| Asian | 35 | 39 |
| Hispanic or Latino | 35 | 40.5 |
Investment banking associate age breakdown
The average age of investment banking associates is 40+ years years old, representing 45% of the investment banking associate population.
Investment banking associate age breakdown
| Investment Banking Associate Years | Percentages |
|---|---|
| 40+ years | 45% |
| 30-40 years | 33% |
| 20-30 years | 22% |
Investment banking associate educational attainment
The most common degree for investment banking associates is bachelor's degree, with 66% of investment banking associates earning that degree. The second and third most common degree levels are master's degree degree at 31% and master's degree degree at 2%.
- Bachelor's, 66%
- Master's, 31%
- Doctorate, 2%
- Associate, 0%
- Other Degrees, 1%
Investment banking associates by degree level
| Investment banking associate degree | Percentages |
|---|---|
| Bachelor's | 66% |
| Master's | 31% |
| Doctorate | 2% |
| Associate | 0% |
| Other Degrees | 1% |
Investment banking associate jobs you might like
Investment banking associate wage gap by degree level
According to the data, investment banking associates with a Doctorate degree earn more than those without, at $167,014 annually. With a Master's degree, investment banking associates earn a median annual income of $139,592 compared to $118,696 for investment banking associates with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $139,592 |
| Bachelor's Degree | $118,696 |
| Doctorate Degree | $167,014 |
Investment banking associate employment statistics
Most investment banking associates work for a private in the finance industry.
Company size where investment banking associates work
Below, you can see the size of companies where investment banking associates work.
Investment banking associate jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 10% |
| 50 - 100 employees | 24% |
| 100 - 500 employees | 22% |
| 500 - 1,000 employees | 6% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 15% |
Investment banking associate jobs by company type
Employees with the investment banking associate job title have their preferences when it comes to working for a company. For instance, most investment banking associates prefer to work at private companies over public companies.
Investment banking associate jobs by sector
| Company type | Percentages |
|---|---|
| Education | 0% |
| Public | 24% |
| Private | 74% |
| Government | 1% |
Investment banking associate jobs by industry
The most common industries for investment banking associates are finance, professional and manufacturing.
Investment banking associate industry statistics
| Industry | Percentages |
|---|---|
| Finance | 55% |
| Professional | 8% |
| Fortune 500 | 6% |
| Manufacturing | 4% |
| Real Estate | 4% |
| Technology | 4% |
| Media | 2% |
| Utilities | 2% |
| Health Care | 2% |
| Hospitality | 2% |
| Retail | 2% |
| Internet | 1% |
| Transportation | 1% |
| Government | 1% |
| Construction | 1% |
| Telecommunication | 1% |
| Non Profits | 1% |
| Insurance | 1% |
Investment banking associate turnover and employment statistics
Investment banking associate unemployment rate over time
The unemployment rate for investment banking associates between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Investment banking associate unemployment rate by year
| Year | Investment banking associate unemployment rate |
|---|---|
| 2010 | 4.52% |
| 2011 | 4.06% |
| 2012 | 2.88% |
| 2013 | 2.84% |
| 2014 | 3.15% |
| 2015 | 2.61% |
| 2016 | 2.27% |
| 2017 | 2.86% |
| 2018 | 2.13% |
| 2019 | 2.16% |
| 2020 | 2.79% |
| 2021 | 2.49% |
Average investment banking associate tenure
The average investment banking associate stays at their job for 1-2 years, based on the 1,496 investment banking associates resumes in Zippia's database.
Investment banking associate tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 22% |
| 1-2 years | 43% |
| 3-4 years | 17% |
| 5-7 years | 10% |
| 8-10 years | 5% |
| 11+ years | 3% |
Investment banking associate LGBT ratio compared to similar jobs
Review the percent of investment banking associates that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Finance Specialist | 4.38% | 97,216 |
| Investment Banking Associate | 7.33% | - |
| Staff Accountant/Auditor | 7.40% | 111,775 |
| Tax Professional | 7.56% | 82,351 |
| Tax Investigator | 7.65% | 30,630 |
| Budget Coordinator | 12.94% | 23,021 |
| Check Examiner | 19.38% | 2,208 |
Similar investment banking associate jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Finance Specialist | 4.38% | 97,216 |
| Staff Accountant/Auditor | 7.40% | 111,775 |
| Tax Professional | 7.56% | 82,351 |
| Tax Investigator | 7.65% | 30,630 |
| Budget Coordinator | 12.94% | 23,021 |
| Check Examiner | 19.38% | 2,208 |
Foreign languages spoken by investment banking associates
The most common foreign language among investment banking associates is Spanish at 29.2%. The second-most popular foreign language spoken is French at 16.7% and Mandarin is the third-most popular at 11.8%.
- Spanish, 29.2%
- French, 16.7%
- Mandarin, 11.8%
- Chinese, 8.3%
- Portuguese, 5.6%
- Other, 28.4%
Investment banking associate languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 29.2% |
| French | 16.7% |
| Mandarin | 11.8% |
| Chinese | 8.3% |
| Portuguese | 5.6% |
| Other | 28.4% |
