can someone help confirm if the base salary for analysts/associates in trading is relatively similar to those in ibanking? is it exactly the same but just that bonuses can vary drastically? specifically can someone shed light on what the base salary are for analysts/associates on the fixed income desk with the street?

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Can confirm that there is a large disparity between “trading” at a bank vs at a hedge fund. I know traders at citadel securities rack in around $125k base right out of college with a bonus north of $100k. A buddy 5 years out of college there just got a $380k annual bonus for 2020.

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Well not anymore now that a bunch of BBs increased their analyst base. Now at my firm there’s a 15k difference in base between S&T and IB. I’m sure the bonuses get very different after the first year or two as well.

For me it’s 85k incremental by 5k for the first few years to 95k I believe for S&T (including FICC). Then it might hop to 125k but I’m not sure…

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Thanks guys!!! Appreciate the color! Interviewing for a FICC desk and an ibanking opportunity and wanted to see how different they currently are giving how things are shaking out right now.

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