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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]CS & Econ double major
IB
$340,000 [/quote]

Yeah sure one year after graduating  :D [/quote]

2 years. [/quote]

GS?[/quote]

GS is not paying 340k to anyone 2 years out of college. [/quote]

Investment Banks paid record amount of bonuses for 2021. Besides, Citadel is paying 450-550k for grads 2 years out. 340k probably includes bonuses. [/quote]

None of you guys know what you're talking about. I've been teaching in business school for 15 years. The quoted salary is so far outside of reality that it is ridiculous. Think 100k-150k for a very nice IB starting salary for an undergrad. I think it's telling that two people earlier in the thread thought IB is "international banking." This site is truly full of buffoons. Now, if we're talking MBA or PhD, that's a different story.[/quote]

You forgot the bonuses. Bonuses have been ridiculous for the past two years. Salary for fresh grad is about 100k and bonus is about 60k. There is a signing bonus of about 45k making the compensation about 200k for incoming analyst for front office positions.

It could definitely be 340k after 2-2.5 years. [/quote]

Contingent on being a great performer and getting promoted to associate, agreed. Normally associate promotion wouldn't be until after 3 years though so I'm still calling BS on this post[/quote]

I have a kid in IB (strats) and he was promoted to Associate after 2.5 years and all his friends were promoted to Associates after 2.5 years. Analysts leave if they are not promoted after 2.5 years and they get contacted by recruiters every week with enticements to leave to double their salaries after few weeks on the job. [/quote]

Are they coming from brand name colleges with type A personality?[/quote]

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