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So how much do you think a managing director at an investment bank earns a year? In this video, I touch on the base and bonus components of a managing director's annual salary at an investment, the differences between those in the front office and back office, the many components that impact pay, equity options as you become more senior, work/life balance and much more. Let me know if you have any questions in the comments. Enjoy!
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TIMESTAMPS:
00:00 – Intro
01:30 – Base and bonus
02:31 – Bonuses
03:32 – Determining factors
04:03 – Equity
05:39 – Why MD’s earn so much
06:24 – Downsides
07:43 – It’s a long game
09:13 – Forget the numbers
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ABOUT ME:
Hey! I'm Afzal Hussein. I make videos on banking and finance, careers, productivity and lifestyle. I'm also building Simpley (a marketplace for career advice), and I teach on Skillshare. Before all of this I started my career working at an investment bank called Goldman Sachs. Hit the various links above to find out more about me. Thanks for passing by!
#InvestmentBanking #Salary #ManagingDirector