What's your best estimate of what first year MDs make at banks like GS / MS. Obviously variable but let's assume the year was like 2023.

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Think it used to be $400k salary and like ~$800k-$1.2mm-ish bonus? Not sure present day since I don't work banking anymore

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VP1- I’m sure even if deals were plentiful you’d still be aight

I got imagine their TC is around 2-4 million a year.

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These responses are wildly off. It’s a base of $400k and bonus is variable depending on your revenue contribution, but anywhere from 1-2x is common for first year MDs. On average it’s <$1mm at both MS and GS in recent years, barring 2021 which was exceptional.

Seems light. I’d expect these guys to easily clear $1m

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