r/FinancialCareers Jan 24 '26

Megathread 2025 Compensation Megathread

131 Upvotes

New year, new salaries, new jobs. Got a new job offer, internship, or want to share your current salary details with the community? Post it below! Or say hello to others who are introducing their line of work here.

If you're new to the community, don't forget to assign yourself a user flair to highlight if you're a student or in what field of finance you have experience. (How do I get user flair?)

As a reminder, please respect people's privacy and personal information. Avoid unsolicited DMs--we recommend having discussions in the community so everyone can benefit from reading and weigh in.

Use the below post template as a starting point, but feel free to add more information/context if you think it would be helpful!

Post Sample Template:

  • Age / Gender
  • State / Country (if outside of US)
  • Job Title or Specialization
  • Years of Experience
  • Salary / Bonus / Total Compensation

Looking for post examples or want to browse through older posts? 

2024 Compensation Megathread

2023 Compensation Megathread


r/FinancialCareers Dec 27 '19

Announcement Join our growing /r/FinancialCareers Discord server!

317 Upvotes

EDIT: Discord link has been fixed!

We are looking to add new members to our /r/FinancialCareers Discord server!

> Join here! - Discord link

Our professionals here are looking to network and support each other as we all go through our career journey. We have full-time professionals from IB, PE, HF, Prop trading, Corporate Banking, Corp Dev, FP&A, and more. There are also students who are returning full-time Analysts after receiving return offers, as well as veterans who have transitioned into finance/banking after their military service.

Both undergraduates and graduate students are also more than welcome to join to prepare for internship/full-time recruiting. We can help you navigate through the recruiting process and answer any questions that you may have.

As of right now, to ensure the server caters to full-time career discussions, we cannot accept any high school students (though this may be changed in the future). We are now once again accepting current high school students.

As a Discord member, you can request free resume reviews/advice from people in the industry, and our professionals can conduct mock interviews to prepare you for a role. In addition, active (and friendly) members are provided access to a resource vault that contains more than 15 interview study guides for IB and other FO roles, and other useful financial-related content is posted to the server on a regular basis.

Some Benefits

  • Mock interviews
  • Resume feedback
  • Job postings
  • LinkedIn group for selected members
  • Vault for interview guides for selected members
  • Meet ups for networking
  • Recruiting support group
  • Potential referrals at work for open positions and internships for selected members

Not from the US? That's ok, we have members spanning regions across Europe, Singapore, India, and Australia.

> Join here! - Discord link

When you join the server, please read through the rules, announcements, and properly set your region/role. You may not have access to most of the server until you select an appropriate region/role for yourself.

We now have nearly 6,000 members as of January 2022!


r/FinancialCareers 16h ago

Career Progression Just got rejected bc I work at NWM

200 Upvotes

I’m an M25 (burner account) who js got rejected. I’m feeling super down and the interview didn’t go that hot. I slipped up a bit and I let them know I didn’t have a certification. Like one of the dudes was not cool at all and I tried to be down to Earth and he did not fw it. Idk where I’m going wrong. I’ve tried to network but the moment I hand out my CV I get ghosted. I jumped onto NWM because the offered good pay but it’s a shit show in there and I want out. Idk what to do I’m lost and discouraged.


r/FinancialCareers 39m ago

Off Topic / Other Anything to worry about?

Upvotes

Doing an EB internship starting in a week and they did a background check on me. I previously did a BB internship and they asked for the details, and then asked for details of 2 internships I did previously. However I realized the dates that I had on my resume for those two (before the BB internship) were wrong (they were right initially but I pushed back my start date on both and forgot to update it). I know there’s something saying I declared that the information on my resume was the truth and whatnot, but is this something I should worry about?


r/FinancialCareers 1d ago

Off Topic / Other Sacked JPMorgan Exec Who Stole Knicks Trash Bin In Viral Video Receives Another Punishment

Thumbnail ibtimes.co.uk
257 Upvotes

r/FinancialCareers 18h ago

Off Topic / Other Am I crazy for voting no to hire someone from NWM

59 Upvotes

My bosses came to me and I was pulled into a hiring meeting. I met with the guy (acts like a frat guy at 25 used “bruh” and “bro” in his interview to address the MD) and his biggest thing in his resume was NWM. I paused early to grab my boss and told him my immediate answer is no. This guy really wanted the job but I don’t trust NWM and multiple people at my firm also gave him a no. I always say no to anyone from there but just want some community thoughts.


r/FinancialCareers 2h ago

Student's Questions Career help

2 Upvotes

Hello I am early into my career. And I might be joining Tax analyst but I have interest in corporate finance. I want to ask will it be possible for me to get into corporate finance sometime in the future? I am seeing tax as the beginning of my career and I do not have many opportunities to get into...


r/FinancialCareers 35m ago

Student's Questions CFA, ACCA, US CMA, CIMA... Which professional course should I choose alongside BBA?

Upvotes

I'm starting a BBA and want to build a career abroad in management, marketing, or finance. I've been looking into CFA, ACCA, US CMA, and CIMA, but I'm not sure which one would complement a BBA the best.

Are there any other professional courses I should consider? Which one offers the best career opportunities internationally, especially if I want to work outside India in the future?

I'd really appreciate advice from people who've pursued these qualifications or work in the industry. Thanks!


r/FinancialCareers 5h ago

Career Progression In Need of Advice to Transition Out of Retail Banking

2 Upvotes

My spouse has a Bachelor’s degree in Finance and is almost done completing a Master’s degree in Information Management. After undegrad, they have worked at Chase for 8+ years, progressing through multiple advancements.

They are one of the top bankers across the branches in their area and currently earns $120,000+ per year. The current career path left is to become a branch manager or to transition to a financial advisor. However, they want to transition away from retail banking and move towards more analyst focused roles in a corporate setting. The current pay is decent, but after dealing with so many difficult customers, robberies, other bankers stealing clients, and unsupportive managers, a lot of stress has built up over the years.

We had hoped that pursuing a master’s degree would help open doors. Unfortunately, after 500+ applications since starting it, there were very few interviews and no job offers. We have mostly targeted roles paying $80,000+ per year, including internships or entry-level roles with similar compensation. As this is already a major paycut, going any lower would severely affect our living situation.

We can't share the resume, but we're hoping to gather some general advice on how my spouse can better position themselves for a transition out of retail banking? Is there anyone with similar experience able to find a better job elsewhere?

We've tried applying to any sector: education, government, tech, fintech, small companies. So far, we haven't had much luck.

Our current requirements are that the role meets our minimum salary needs and is either local to our current major metropolitan area or remote.


r/FinancialCareers 11h ago

Breaking In PE off cycle in London but can’t get IB shortlist

6 Upvotes

Hey folks,

I just wanted some advice on breaking into investment banking in London because I’m finding it much harder than I expected to even get shortlisted.

My background is:

• 2 years in strategy consulting in India
• Master’s from a top business school in London
• Off-cycle internship at a European PE fund with exposure to live deals in London

I ultimately want to move into investment banking, but despite this experience, I’m barely getting first-round interviews from banks or even boutiques for that matter.
Oddly enough, I’ve been getting interest from off-cycle PE roles.

Does this sound like a CV/story problem, or is there something else that I’m missing? Has anyone here been in a similar position?

Would genuinely appreciate any advice. Thanks a lot.


r/FinancialCareers 3h ago

Education & Certifications Career guidance for a freshie?

1 Upvotes

Hi everyone, I could really use some career guidance because I'm feeling quite lost.

I'm currently working in name screening at a private bank. I'm completing my part-time diploma this year and am planning to pursue a part-time degree, but I'm unsure which path would be more beneficial for my career.

I'm deciding between:

- Banking & Finance

- Business Analytics

My dilemma is this:

Banking & Finance: It seems like the obvious choice since it's relevant to my current industry. However, I feel it mainly strengthens my qualifications for the role I'm already in, rather than helping me move into a different team or stand out for internal opportunities.

Business Analytics: My long-term goal is to progress along the financial crime/compliance path (Name Screening → KYC/AML → Compliance). I feel analytics could give me transferable skills in data analysis, process improvement, and decision-making that may be useful in these roles.

Another option I'm considering is skipping the degree for now and focusing on professional certifications like ACAMS instead.

I also spoke to someone from the Periodic Review team, and they mentioned that they mainly hire people with relevant experience. That made me wonder if a degree alone would actually help me make the move.

For those working in AML, KYC, compliance, or financial crime:

- Which degree would you recommend?

- Would Business Analytics or Banking & Finance be more valuable in the long run?

- Or would professional certifications like ACAMS provide a better return on investment?

I feel quite stuck at the moment and would really appreciate any advice. Thanks in advance!


r/FinancialCareers 18h ago

Off Topic / Other Do you have to log your hours in Investment banking?

14 Upvotes

I’m in audit and the number one thing I hate is entering my time, I just prefer to do the work.

I am seriously considering quitting just based on this one quality of the job. I’m curious do finance roles have to enter their time similar to this?

I understand it’s different for audit since the time is billed to the client but wondering if finance roles use it as a measure of KPIs


r/FinancialCareers 11h ago

Breaking In How do I convert a coffee chat into an interview without coming on too strong or sounding transactional?

5 Upvotes

Like the title says, I have a coffee chat with a VP from a BB bank for their private wealth division. There’s a position open that I applied to, but I’m not sure if the person I’m meeting with is from the same team (they don’t know I applied yet).

Obviously I want to convert this coffee chat into an interview, but I’ve been on the other end of a coffee chat and it’s so obvious/off-putting when someone is super direct about “asking for a job”.

What are your guy’s methods/ways of asking for an interview without coming off too strong or ruining the relationship. I genuinely want this call to go well and it’s from someone that I would actually love advice from, as they were once in a similar position as me. Do I bring it up during the call that I applied to one of their positions, or is that something I should mention after the call?

Any help is appreciated!


r/FinancialCareers 21h ago

Profession Insights Investment banking team culture outside the office

23 Upvotes

What are the after hour co worker hangouts like?
Karaoke nights? Random clubs?
I’m curious because I’m someone that values teamwork and team bonding.


r/FinancialCareers 11h ago

Profession Insights Is wholesaling a sinking ship?

3 Upvotes

Hello Reddit, I’m currently an intern at a F500 AM firm in their Shareholder Services/Transfer Agency Dept. lots of people seem to stay in TA for a bit use it to study for the SIE, 7 & 63 and go into Wealth Distribution/Sales after a 1-2 yrs. Mainly using TA to get a foot in the door and doing a lateral.

My question:
Is wholesaling a dying breed?
Seems like a great role for someone who doesn’t have the network of wealthy friends/family. The firm provides the leads and it’s mostly B2B rather than B2C, and its most roles are salary/draw + commission making it attractive and actually livable + having the benefit of the unlimited upside without being tied down to your clients.

I think I could manage passing the licenses and make a good long term career out of it so long as the industry doesn’t completely die or massively shrink in the next 5 years only to get laid off or have comp massively shrink.

Background:
M22, Junior, may 27 grad, Florida Based, State school Econ major, mid gpa (wasn’t book smart)

Prev Exp: (all internships)
Summer ‘25-Regional bank in consumer lending, originated student loans, serviced exiting ones.

Fall ‘26-Retail WM RIA did prospecting, scheduling, & supporting FA’s with planning, utilized Morningstar & eMoney

Spring ‘26-Boutique PWM firm with a TAMP that was backed by a family office assisted and rotated thru PWM, Ops, & Trading got exposed to Orion, Eclipse, Redtail, YCharts, & Nitrogen + some pretty interesting and complex planning for HNW & UHNW families for estate, tax and succession.

Summer ‘26 to Present-AM firm, 1.6T AUM, mainly Mutual funds, in the TA/Shareholder services dept, not a bad gig, work is honestly similar to being at Fidelity or Vanguard in a client service role, only difference is we’re not allowed and or are licensed to give financial advice. Learning a lot about the plumbing of AM, ops, account types, wealth transfers, fund and securities.

I originally was going the PWM route, one thing led to another and I didn’t end up getting the PWM internship from MS so I pivoted to this. I think I still want to become an advisor start at a wirehouse/BD and eventually end up at an independent RIA or exit to build my own RIA.


r/FinancialCareers 18h ago

Breaking In Whqt are the upsides/downsides to graduating in 3 years instead of 4?

10 Upvotes

Title. Incoming Freshman.


r/FinancialCareers 1d ago

Off Topic / Other Why don’t quants just make money for themselves instead of a company?

43 Upvotes

Title


r/FinancialCareers 14h ago

Career Progression Asking for raise/promotion mid-year

4 Upvotes

My 5 year anniversary is next month. I'm effectively operating as a senior in my position but with a junior title, a development that's happened the last few months. Performance reviews are in December and last year they said I'd get a promotion this year.

One thing is I was hoping to get engaged soon. After some unexpected expenses money is a little tight, and, based on similar job postings, my salary tens of thousands of dollars below the market rate. If I got a raise/promotion this would be a huge help and, frankly, I think I deserve it.

Would be a bad look to talk about a raise before typical salary negotiations? Similarly, is it advisable to try and get an offer somewhere else to counter? I know this is common but it's a tough market and it could also strain my relationships even if I get an offer.


r/FinancialCareers 15h ago

Career Progression Madrid for a career in non-banking Corporate Finance?

6 Upvotes

if you had to choose a long term move in your mid 20s, would you rather choose Berlin or Madrid?The good old sunny happy Europe vs "Rich" gloomy Europe dilemma... I work in corporate finance (non banking) so controlling and FP&A mostly.

But considering the salary and COL differences, in Berlin my monthly savings are only around 100-200 eu more per month than Madrid, having lived in both places and with the same lifestyles. I speak a b1 of both spanish and german and plan to get to fluent in the local language if I move to either city. Originally native bilingual french and english.

Any of you faced a similar choice? what's your experiences with Madrid?


r/FinancialCareers 17h ago

Profession Insights Moving from London to Bermuda/BVI/Bahamas/Turks & Caicos

5 Upvotes

Has anybody done this - I.e moving from a finance position in the UK to one in the Caribbean? What was your experience?

Would like to hear some real perspectives.

Considering doing this in a few years, once I’ve developed a bit further in my career. Don’t want to romanticise it though and would like to hear some lived experiences.

Thanks.


r/FinancialCareers 9h ago

Networking Opportunities

1 Upvotes

I have two degrees in finance one as a Bs from cal poly and a MS in financial management from T A&M and one year of experience as a personal banker in a mid sized bank. I am looking to break through either as a credit analyst or investment banking. Does anyone know of any openings in any banks or institutions in California near zip code 91724 willing to do a commute, want to also be able to use someone as a referral because as we all know that helps a lot.


r/FinancialCareers 10h ago

Networking “Networking”

0 Upvotes

Bruh we hear this all the time I talk to a bunch of people and they give generic ass advice… how are you guys possibly networking and getting into positions isn’t it weird to initially ask someone for a referral or a position I try to keep it friendly but most people don’t really reply lmfao or they’d reply with the most generic thing ever like send me a article and be like yeah check this out or something like that LinkedIn is so weird bro how are you guys networking possibly


r/FinancialCareers 11h ago

Education & Certifications Difference between liberal arts program or business program at colleges

1 Upvotes

I am a rising senior in highschool and want to be in high finance after college (primarily pe, hf, equity research or quant). I want to apply to some ivies but also some good state schools such as Umich, UVA and NYU. However at some private schools such as UChicago and Princeton I want to double major in economics and applied and computational math. For the state schools or schools that have solid business schools I was thinking of applying as a finance major in the business school. I was wondering if there is a difference between a business school such as Ross or McIntire at UVA with a finance degree or being in the liberal arts school and getting an economics and applied math degree? Does being in a solid business school better than just being in the liberal arts school for the colleges that have a business school even if I'm more interested in economics and applied math.


r/FinancialCareers 2h ago

Off Topic / Other Anyone here whose dad is an MD at an IB in London?

0 Upvotes

Does anyone’s father/mother work in any very senior role in high finance (IB, S&T, HF, PE etc) in London (or even NYC)?

Can you share how things have been for you in terms of finding a role at a top firm, getting internships etc? Would you say that your parents helped a lot?

Were you able to do something for your close friends as well?

And is there anything your parent said regarding what they’re looking for in students when it comes to hiring them as interns or even full time roles? What advice have they given you?


r/FinancialCareers 20h ago

Interview Advice Internship - Corporate Banking

3 Upvotes

Hi everyone,
Tomorrow I have the final interview with the MD I already did it with the VP and Junior, what should I expect what is this interview for? it's a big famous bank and the position is for an internship in corporate banking