How much does a MD at Goldman Sachs earn?

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How much does a MD at Goldman Sachs earn?

After the financial crisis in 2008-2010, investment banking salaries increased by 60% – 80% because there was a tremendous amount of backlash against Wall Street bonuses. By paying higher salaries, employees received stronger monthly cash flow, but smaller bonuses as a result to appease Main Street.

Investment banking is still a very worthwhile profession to pursue, despite the allure of tech companies in Silicon Valley. If you want to make some good money, work in investment banking for 10 years and you’ll be able to do anything you want without having to prioritize money.

For 2021 and beyond, first0year analyst salaries start at around $100,000 – $110,000. Base pay went up by 30% during the pandemic as business boomed. There was also a viral report that went out that showed how Goldman Sachs analysts suffered so much that pressured management to boost pay.

Bonuses ranging between $20,000 – $50,000. Not bad for a 22 year old right out of college!

Investment banking pay by title will keep on going up thanks to a recovering economy and inflation. The pull of the technology sector is really keeping pay high in investment banking as well.

Related: The Pros And Cons Of Working On Wall Street

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About the Author:

Sam began investing his own money ever since he opened an online brokerage account in 1995. Sam loved investing so much that he decided to make a career out of investing by spending the next 13 years after college working at two of the leading financial service firms in the world. During this time, Sam received his MBA from UC Berkeley with a focus on finance and real estate. 

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