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    (Original post by toofaforu)
    any truth to this at all?
    Obviously not
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    (Original post by John01)
    120-475k base
    475K base... In 2011-2012..... for a VP.....

    Diz guy must be lyk super-banker!
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    (Original post by askivynet)
    You usually get to VP after 6 years in an investment bank. 3 years as an analyst, 3 years as an associate, then you get promoted.

    By the time you get to VP, you'll be making around 120K at most bank, and usually get a bonus from anything from 100% to 300% of your base salary!


    There is this article that explains in details what Vice President in Investment banking do http://www.askivy.net/content/what-d...e-president-do

    But that is for M&A, I am not sure what they get in trading but my guess is that it is very similar!
    So take home is around 240 k plus?.

    What about Research, and Private banking?
    ie less higher paying front office roles
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    Research base salaries are about the same. bonuses are usually lower though (around 100%, maybe less), except for the top ranked research people who can earn millions (all depends on how successful your recommendations are!)

    Private banking is probably slightly less in term of base and bonuses much lower, maybe 150-200 all in if you are good.
 
 
 
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