Investment Banking Associates

Investment Banking Associates Prepare Pitch

Investment banking associates, like analysts, do much of the entry-level numbers-crunching and financial-modeling work but, unlike analysts, they are more involved with clients in writing deal proposals and preparing pitch books. They often travel to sit in on client meetings with other members of the deal team. Associates usually come from a top MBA program and have a law degree or an advanced corporate finance degree.

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Quick Facts
Alternate Title(s) None
Duties Perform financial modeling, write deal proposals, and prepare pitch books
Salary Range $75,000 to $100,000+
Work Environment Primarily Outdoors
Best Geographical Location(s) Opportunities are best in New York City, San Francisco, Boston, and in other cities with large financial sectors
Minimum Education Level
  • Master's Degree
School Subjects
  • Business
  • Economics
  • Mathematics
Experience At least two years of experience as an investment banking analyst or similar
Personality Traits
  • Enterprising
  • Hands On
  • Outgoing
Skills
  • Financial
  • Interpersonal
  • Research
Certification or Licensing Recommended
Special Requirements None
Employment Prospects Fair
Advancement Prospects Good
Outlook Little Change or More Slowly than the Average
Career Ladder
  • Managing Director
  • Director
  • Vice President or Investment Banker
  • Associate
  • Analyst

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