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Investment banking internship vs investment banking analyst

The differences between investment banking interns and investment banking analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an investment banking internship and an investment banking analyst. Additionally, an investment banking analyst has an average salary of $60,598, which is higher than the $43,637 average annual salary of an investment banking internship.

The top three skills for an investment banking internship include powerpoint, customer service and work ethic. The most important skills for an investment banking analyst are financial models, discounted cash flow, and healthcare.

Investment banking internship vs investment banking analyst overview

Investment Banking InternshipInvestment Banking Analyst
Yearly salary$43,637$60,598
Hourly rate$20.98$29.13
Growth rate9%9%
Number of jobs62,81952,791
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 83%
Average age4040
Years of experience44

What does an investment banking internship do?

An investment banking intern is responsible for assisting investment bankers in delivering high-quality financial services to clients while learning various investment strategies and other related banking disciplines. Investment banking interns observe the investment processes, shadow bankers on their daily operations, and contribute to identifying business opportunities based on their class knowledge to practical applications. They also conduct financial analysis, data processing for the client's account information, performing research for the stock market, and creating financial reports for meeting documents.

What does an investment banking analyst do?

An Investment Banking Analyst reviews and analyzes data for investment banking portfolios. They work with individuals and businesses to suggest potential investments for their clients.

Investment banking internship vs investment banking analyst salary

Investment banking interns and investment banking analysts have different pay scales, as shown below.

Investment Banking InternshipInvestment Banking Analyst
Average salary$43,637$60,598
Salary rangeBetween $26,000 And $72,000Between $35,000 And $104,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-The Citadel
Best paying industry-Finance

Differences between investment banking internship and investment banking analyst education

There are a few differences between an investment banking internship and an investment banking analyst in terms of educational background:

Investment Banking InternshipInvestment Banking Analyst
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 83%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Investment banking internship vs investment banking analyst demographics

Here are the differences between investment banking interns' and investment banking analysts' demographics:

Investment Banking InternshipInvestment Banking Analyst
Average age4040
Gender ratioMale, 65.1% Female, 34.9%Male, 75.3% Female, 24.7%
Race ratioBlack or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between investment banking internship and investment banking analyst duties and responsibilities

Investment banking internship example responsibilities.

  • Manage ongoing maintenance of prospective investor pipeline using SalesForce software.
  • Create PowerPoint presentations summarizing the results of analyses and present the results to senior management
  • Develop charts/graphs specifically for PowerPoint presentations including sales points, firm history, and client specific information.
  • Support full-time analysts and associates in authoring marketing materials for sell-side engagements in the education, healthcare, and technology sectors
  • Retrieve and download daily/monthly benchmark data onto performance system utilizing macros, system feeds, and command line entry.
  • Execute municipal bond, commercial paper, treasury trades.
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Investment banking analyst example responsibilities.

  • Organize and maintain client leads in SalesForce.
  • Used SQL language to manipulate, extract and manage financial and customer data.
  • Manage financial operations such as account management, book keeping, wire transfers, and transaction, position reconciliations.
  • Manage ongoing maintenance of prospective investor pipeline using SalesForce software.
  • Manage trade executions and broker relationships for all portfolio positions across several banks, prime brokerage accounts and electronic commodities exchanges.
  • Perform valuation analyses including DCF, public trading comparison, and precedent transaction comparisons.
  • Show more

Investment banking internship vs investment banking analyst skills

Common investment banking internship skills
  • PowerPoint, 11%
  • Customer Service, 10%
  • Work Ethic, 6%
  • Financial Models, 5%
  • Strong Analytical, 5%
  • Client Portfolios, 4%
Common investment banking analyst skills
  • Financial Models, 12%
  • Discounted Cash Flow, 9%
  • Healthcare, 5%
  • Capital Markets, 5%
  • Private Equity, 4%
  • PowerPoint, 4%

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