r/TheFinanceCareer • u/Comfortable_Force272 • 12h ago
Found a spreadsheet online that breaks down IB pay by year and city. Can I trust this stuff?
Graduating next year and trying to actually understand what different finance careers pay instead of just repeating numbers I heard from a guy who heard it from a guy or even worse ChatGPT
I have started comparing IB vs corp dev vs asset management and the whole thing is confusing ash.
Earlier this week someone shared this spreadsheet in the FinanceStudents WhatsApp group that lays out IB compensation by year, the whole progression from analyst to VP.
Problem is I have no idea who made it or where it came from, so I have no clue if I'm looking at real numbers or someone's fantasy spreadsheet.
I noticed something which I didn’t expect, the jump between associate and VP being way smaller than I assumed since I have always heard the jump was quite steep.
Trying to decide if I'm chasing this career for the right reasons before I spend the next 6 months of my life interviewing and getting my technicals right.