IBD Salaries in Madrid

Hi all, does anybody know what salary should be expected for anIBAssociate position in Madrid (let's say inM&A/Capital Markets). I presume it varies a lot betweenBBsand non-BBs but I have no direct information and what I have found on here is a bit outdated. Thank you!

Comments (26)

最有帮助的
Apr 18, 2019 - 10:43am

华尔街投资银行的薪水在欧洲大陆are aligned to London.
Base: Analyst 1 €65K, Analyst 2 €75K, Analyst 3 €85K. Associate should follow the same trend but I have no direct information in €.

I'm grateful that I have two middle fingers, I only wish I had more.
  • 2
Apr 23, 2019 - 3:44pm

Actually it's different for US banks.BAMLJPMetc Analyst 1 base is 75

Array
Apr 18, 2019 - 1:10pm

Indeed, but I heard similar numbers for Milan and Frankfurt at some of theBBso I think it is spot on. My personal feeling is that the gapBBvs nonBBis way larger than in London (e.g. I don't think that Santander pay anywhere close to 85k for an analyst in Madrid). That's why I asked the question in the first place and it would be great if someone had some intel on non-BB banks or boutiques at analyst/associate level to have a more complete picture

Apr 19, 2019 - 4:37am

I know analyst in Madrid inIBDis 35k at Barclays. Don't know about associate

Array
Apr 23, 2019 - 3:33pm

That sounds off. A friend of mine at Barclays in Milan was making 85K euro base salary 3 years ago. Not sure why they would pay that low in Madrid.

I'm grateful that I have two middle fingers, I only wish I had more.
  • Analyst 1inIB - Gen
Jan 25, 2021 - 7:23am

Even atBBssome pay less than 1.500eur per month

MMstend to pay from 600-1200eur for interns

  • Senior ConsultantinCorpStrat
Jan 25, 2021 - 7:30am

我曾在IBDMadrid for 3 years in 2 banks and know the figures from a close friend on a 3rd one so I will post the salaries at 2018-2020 levels:

- Santander: pays analysts I, II and III 40k, 42k and 44k base respectively +50% bonus (very rigid as it's difficult to get less than 40% on the shittiest year but unlikely to go over 55-60%)

- Goldman: pays analysts 65k + bonus (30-90%)

- BBVA: pays analysts 35k + bonus similar to Santander

Hope it helps as there is not much true data out there for MadridIBD.

Jan 25, 2021 - 9:50am

Omnis eius sunt qui magni nesciunt. Quod quasi quisquam in rerum unde. Eius labore ullam ut placeat ut.

Sit at neque occaecati exercitationem porro. Sit animi nemo sed inventore quaerat. Sequi officia beatae et et id corrupti. Expedita rerum in exercitationem. In numquam assumenda sapiente a facere quia dolor velit.

Start Discussion

Popular ContentSee all

Hallmarks of a Strong MD
+241 IB byTorontoMonkey1328
Which IBs are actually growing?
+196 IB byOperating Partner in IB - Treas
Unvaccinated 2022 interns
+180 IB byAssociate 2 in IB - Gen
Insultingly Low Bonus
+107 IB byRxBoi
Scheming IB as an Analyst
+101 IB byAnalyst 1 in IB-M&A
Citi vs JEF vs UBS
+76 IB byIntern in IB - Gen

Total Avg Compensation

December 2021万博app网页版

  • Director/MD (10) $853
  • Vice President (40) $360
  • Associates (244) $235
  • 2nd Year Analyst (148) $156
  • 3rd+ Year Analyst (34) $154
  • Intern/Summer Associate (109) $146
  • 1st Year Analyst (522) $136
  • Intern/Summer Analyst (399) $84

LeaderboardSee all