The Very Highest-Paying Jobs in Finance
Everyone loves to read about ridiculous banker salaries, so this week we collected the most ridiculous of banker salaries in order to answer the question: what are the very highest-paying jobs in finance?
The answers are unsurprising, but may be enlightening to aspiring bankers trying to decide on a specialism. Analyst salaries are fairly uniform across all specialisms, but by the time these analysts reach MD level, their salaries differ dramatically, with MDs in areas like Structuring, Trading, and M&A earning as much as double what their counterparts in Fund Management and Institutional Sales are bringing in.
Highest MD Salaries in Banking Specialisms
|Role||MD Salary||MD Bonus||MD
|Structurer in Investment Banking||£262,000||£391,000||£653,000|
|Trader in Investment Banking||£240,000||£362,000||£602,000|
|M & A and Leveraged Finance Banker||£230,000||£340,000||£570,000|
|Fundraising for Hedge Funds and Asset Managers||£150,000||£190,000||£340,000|
|Institutional Sales in Investment Banking||£197,000||£132,000||£329,000|
|Fund Manager for Funds >£5bn||£130,000||£173,000||£303,000|
Equivalent Analyst Salaries in Banking Specialisms
|Role||Analyst Salary||Analyst Bonus||Analyst
|Structurer in Investment Banking||£50,000||£10,000||£60,000|
|Trader in Investment Banking||£50,000||£5,000||£55,000|
|M & A and Leveraged Finance Banker||£50,000||£7,500||£57,500|
|Fundraising for Hedge Funds and Asset Managers||£35,000||£2,300||£37,300|
|Institutional Sales in Investment Banking||£47,000||£12,000||£59,000|
|Fund Manager for Funds >£5bn||£44,000||£10,000||£54,000|
- The top spots go to investment bankers, with salaries topping £600,000 for MDs in Structuring and Trading. This works out as more than 10 times what an analyst in the same specialism can expect to earn.
- This is partly thanks to the vast increase in bonus as a percentage of salary over bankers' careers. Analysts can expect between 10% and 20% of their salary as a bonus, while MDs receive up to 150% of their salary over again as a bonus.
- These results may not surprise seasoned finance professionals. However, to uninitiated graduates looking to begin a banking career, one £60K analyst salary may look much like another, and the extent to which these salaries later diverge could come as a shock.
Results are based on 5,400 finance professionals working in the UK.
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