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Vault Message Board: Investment Banking

Topic Name: Associate Compensation
Message Name: 1st Year Compensation
Date Posted: 03/28/2000
Message: It was my understanding that first year investment banking associate compensation (the fixed portion) was relatively standard across banks: $25K signing bonus, $80K base, $30K stub year bonus. However, an acquaintance working for Goldman indicated that their package was $5K more across the board ($30K, $85K, $35K). Is this the case? If so, will the other banks match?

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