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Summer analyst vs investment banking analyst

The differences between summer analysts 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 a summer analyst and an investment banking analyst. Additionally, a summer analyst has an average salary of $66,837, which is higher than the $60,598 average annual salary of an investment banking analyst.

The top three skills for a summer analyst include strong analytical, financial statements and capital markets. The most important skills for an investment banking analyst are financial models, discounted cash flow, and healthcare.

Summer analyst vs investment banking analyst overview

Summer AnalystInvestment Banking Analyst
Yearly salary$66,837$60,598
Hourly rate$32.13$29.13
Growth rate9%9%
Number of jobs44,91252,791
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 83%
Average age4040
Years of experience44

What does a summer analyst do?

Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information. They establish statistical exhibits analyzing comparative financial performance. It is their responsibility to create models illustrating projected financial results, which is of great value to the companies. The skills necessary for this job include knowledge of financial statements, equity, portfolio companies, and financial models. They should also develop due diligence, strong communication, asset allocation knowledge, and attention to detail.

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.

Summer analyst vs investment banking analyst salary

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

Summer AnalystInvestment Banking Analyst
Average salary$66,837$60,598
Salary rangeBetween $43,000 And $102,000Between $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 summer analyst and investment banking analyst education

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

Summer AnalystInvestment Banking Analyst
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 83%
Most common majorFinanceFinance
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Summer analyst vs investment banking analyst demographics

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

Summer AnalystInvestment Banking Analyst
Average age4040
Gender ratioMale, 72.5% Female, 27.5%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 summer analyst and investment banking analyst duties and responsibilities

Summer analyst example responsibilities.

  • Manage and update early engagement processes daily through SharePoint.
  • Generate HTML reports for health care providers with visualization using ggplot2.
  • Used PowerPoint to create meeting materials about update research data of the industry trends.
  • Support interest rate derivative marketers.
  • Construct PowerPoint presentation and bring forth proposal directly to management.
  • Prepare and distribute morning briefs on overnight market activity and actively trade securities.
  • Show more

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

Summer analyst vs investment banking analyst skills

Common summer analyst skills
  • Strong Analytical, 10%
  • Financial Statements, 6%
  • Capital Markets, 5%
  • Salesforce, 4%
  • Financial Analysis, 4%
  • Risk Management, 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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