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How much does a managing director at an investment bank make?

How much does a managing director at an investment bank make?

The investment banking managing director salary (all-in comp) ranges from just under $1 million to several million dollars. This compensation is comprised of both a base and bonus component: Base salary: $350,000-$600,000 at most bulge bracket and boutique investment banks.

What does a Goldman Sachs managing director do?

Managing directors are responsible for the day-to-day operations of their groups and report directly to either the CFO, COO, CRO, or CEO. Most managing directors are responsible for bringing in clients and closing deals, also while overseeing directors, vice presidents, associates, and analysts in their group.

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Do Goldman Sachs pay well?

Goldman Sachs (GS) has always paid its employees well, and they’re getting paid better. The average Goldman Sachs employee makes $367,564 on an annual basis, according to the firm’s most recent financial disclosures. Goldman bankers based in the New York City area are doing much better than most New Yorkers.

How much money does a managing director at Goldman Sachs make?

The average salary for a Managing Director is $197,282 per year in United States, which is 55\% lower than the average Goldman Sachs salary of $441,908 per year for this job.

How high up is a managing director?

The managing director/chief executive is the most senior full-time executive of the company (except when there is an executive chair). The role of managing director and chief executive are virtually the same (the latter title originally comes from the US).

What is the average salary for Goldman Sachs?

Goldman Sachs (GS) has always paid its employees well, and they’re getting paid better. The average Goldman Sachs employee makes $367,564 on an annual basis, according to the firm’s most recent financial disclosures.

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How much does Goldman Sachs pay?

The average Goldman Sachs hourly pay ranges from approximately $19 per hour for a Savings Specialist to $53 per hour for a Summer Analyst. Goldman Sachs employees rate the overall compensation and benefits package 3.9/5 stars.

What is Goldman Sachs investment banking?

Goldman Sachs. The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City. Apart from investment banking, it offers services in investment management, securities, asset management, prime brokerage, and securities underwriting.