What are the differences in salaries / hours / exit opportunities between different locations?
At the Analyst and Associate levels, base salaries and bonuses are standardized at bulge bracket, middle-market, and well-known boutique banks. While New York bankers claim they work longer hours than anyone else, you won’t have much time for a personal life as an investment banking analyst or associate no matter where you are. Exit opportunities can vary significantly, because you’re more limited to the region you’re working in – if you’re in London it would be logistically difficult to fly in and interview for private equity positions in LA, for example. Most people stick to where they started out when it comes to exit opportunities.
