August 4, Pete December 16, Notify me when there are new comments or replies on my discussion. If not IB, would I be better suited to go into commercial banking? That said, each path can result in a rewarding, long-lasting, and high-earning career. Hi Brian, I have the opportunity to get into an CB internship of a large bank. I work in CB at a large Canadian bank and my only disagreement with the article is that from my experience the base salaries are in line with those of IBs.
Stock and Deferred Compensation
Expertise: Investment Banking Private Equity. Yes, it’s true, monkeys love that hold card cash and silver bananas. These figures are an approximation based on the user submissions on Wall Street Oasis over 86,as well as the thousands of discussions on compensation in the community archives. If you contribute to the WSO Company Databaseyou can get access to thousands of detailed compensation statistics across thousands of investment banks without paying a dime. Yes, fellow primates, we love you too! Please note that the figures listed above are approximations and should be taken with a large banana peel. Investment banking compensation at various levels of seniority in this case pulled from the WSO Investment Banking Industry Report with over 80, submissions can vary widely firm by firm and year by cpmmercial.
Corporate Banking vs. Investment Banking
Though commercial banks and investment banks are both critical financial institutions in a modern economy, they perform very different functions and require different kinds of employees. Commercial banks are what most people think of when they hear the term «bank. Investment banks, on the other hand, provide services to large corporations and institutional investors. On the whole, a career in investment banking is more competitive, tends to pay more, and is seen as more glamorous than a career in commercial banking. Investment banks tend to be more selective of their candidates and demanding of their employees, many of whom are high-level analysts. That said, each path can result in a rewarding, long-lasting, and high-earning career.
IB Hopeful May 1, Bankijg any of you ever considered this route even for a sec? So why are we so crazy about IB? Thanks for. Going the CB route isn’t impossible, obviously, but it isn’t a gamble I’d feeling comfortable taking. Cmomercial bases usually start in a similar ballpark, but from there IB blows past in about one rung up the ladder at a comparable sized firm. In CB you will still get the experience and training to model, analyze, and work with fin statements. But the starting salary for credit analyst is only 45K plus one week bonus at the end of the year. Commedcial Allow Allow. See Investment banking vs commercial banking salary Ranked Comments. Commercial banking also includes services such as checks and credit cards that corporate bankers do not offer.
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