From a compensation perspective - who makes more money? Investment Bankers, FAANG product managers, or MBB consultants? Over time, who is most likely to make more money?

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Depends on the level.

Immediately out of UG: FAANG>IB>MBB

2-6 YOE: IB>FAANG>MBB

6+ YOE: IB>MBB>FAANG

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This is the right answer. (Generally speaking - these are average figures so there’s some variance)

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IB. Long term, the answer is IB

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The person who marries one from each and gets a nice settlement from each divorce will make the most money. /s

likefunny

FAANG > IB > MBB

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Yeah I got a better B4 offer than my PM colleagues out of MBA. May change once their equity vests but I don't imagine that's comparable to 6-8 years to partner in MBB.

IB is the clear winner in comp though. If you go comp/hr maybe you could make the case for PM though i dunno.

Who cares? Do what you'd prefer to do....

IB

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If you’re thinking average comp for a person who’s able to stick it out and continue to progress through the primary levels - IB takes the top spot.

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IB

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IB

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Whoever is best at their job will earn the most. At the top levels, pay isn’t a grid number.

IB, MBB, then FAANG pm by total comp over time. That’s obviously assuming the people stay in the profession. Actual comp by hour? Reversed probably.

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