Showing posts with label Banker income. Show all posts
Showing posts with label Banker income. Show all posts

Sunday, January 24, 2010

How much does an Average Investment Banker Earn

If you plan to become a part of investment banking workforce, the most common question to ask is the average earning of a worker in this field. Though there are a lot of negative things about the job such as no time for family and friends or being at the mercy of your client, this is a high paying job. Of course before becoming one, you would need to acquire good education, stellar grades and good internships. On the average, they earn 2% commission from their sales. Example if they convince a person to put in $2,000,000 of investment, they can get $40,000. Of course there are some that sell for billions. They often charge their expenses like food, travel, hotels and transportation to the client.
How does an investment banker earn