| Topic Name: |
Buyside Compensation |
| Message Name: |
some answers needed |
| Date Posted: |
04/18/2002 |
| In Reply To: |
I'm not in the industry, but I've had reason to become familiar with senior-level IM comp for IM deals I've been involved with in the past. I can't speak for the medium term (3-5 years post MBA) but if you have a good track record on $1b+ (either alone or as part of a team) there's no reason why you wouldn't be at the $1mm level in 8 - 10 years. The reason for that is that if your employer knows that if it isn't offering you comp in that range, you'll say "yes" when the liftout specialists come calling. |
| Message: |
What is, by industry standards considered small? I am interning at an IM firm with $1.5bn under mgmt (10-15 employees, 3 of which have CFA). What kind of full-time pay can I expect from them (I am an undergraduate)?
40K-50K?
Thanks.
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