You’ll see some of these boutique banks near the top of the list later on in this article. That said, those same people might not be aware of this subcategory of investment banks known as “elite-boutique banks”, which cover smaller, specialized banks, that perform really well, but also pay their analysts top dollar for their work. Some new to the investment banking space might have already heard of household names like Goldman Sachs, JP Morgan, and Morgan Stanley. The field is quite popular amongst top-performing students as first-year investment bankers have consistently held the top spot for new grad compensation (for business majors). If you’re a business or finance major, then you’ve probably heard of the field of “investment banking” from ambitious upperclassmen and university finance gurus. Investment Banking: The Ivy League of Wall Street And no, Goldman Sachs is not the highest-paying investment bank on the list (It’s not even in the top 5). We’ve compiled a list of the top 10 highest-paying investment banks based on their estimate compensation for first-year analysts (bankers hired just after their undergraduate degree).
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