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As of August 01, 2026, the average salary for a M&A Analyst II in Illinois is $115,340 per year, which breaks down to an hourly rate of $55.
However, a M&A Analyst II's salary can vary significantly. Here’s a look at the typical salary range:
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M&A Analyst II Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $124,550 | $10,379 | $2,395 | $60 |
| Average | $115,340 | $9,612 | $2,218 | $55 |
| 25th Percentile | $105,470 | $8,789 | $2,028 | $51 |
Federal Signal Corporation - Downers Grove, IL
AbbVie - North Chicago, IL
Warrior Insurance Network - Chicago, IL
Advanced Technology Services - Peoria, IL
A M&A Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a M&A Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Entry Mergers & Acquisitions Analyst | 2-4 years | $96,039 |
| M&A Analyst II | 4-7 years | $115,340 |
| Senior Mergers & Acquisitions Analyst | 7+ years | $136,308 |
| Lead Mergers & Acquisitions Analyst | 7-10 years | $178,680 |
| Manager M&A | 10+ years | $139,524 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract M&A Analyst IIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
M&A Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $129,116. While startup companies pay approximate $109,229.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $109,229 |
| Growth Stage | 51~500 | $115,523 |
| Established | 501~5000 | $124,685 |
| Enterprise | 5000+ | $129,116 |
For M&A Analyst II roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Construction and Insurance sectors offer the strongest compensation, at 20% above the average. In contrast, M&A Analyst positions in Biotechnology or Internet typically offer lower base pay, as these industries often view M&A Analyst II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Construction | $138,408 | $67.0 | 20% |
| Insurance | $136,101 | $65.0 | 18% |
| Aerospace & Defense | $132,641 | $64.0 | 15% |
| Business Services | $132,641 | $64.0 | 15% |
| Healthcare | $129,181 | $62.0 | 12% |
Understanding how a M&A Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $124,550 | $10,379 | $2,395 | $60 |
| Average | $115,340 | $9,612 | $2,218 | $55 |
| 25th Percentile | $105,470 | $8,789 | $2,028 | $51 |
For a M&A Analyst II, the most direct path to higher earnings is advancing to the Senior Mergers & Acquisitions Analyst role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $136,400 - a projected growth of 18% over your current level.
Ready to take the next step in your career? Browse thousands of current M&A Analyst II job openings on our job board. Use the search bar below to find your perfect match.
E-Solutions
Bartlett, IL
E-Solutions | Bartlett, IL
Finance Analyst. Monday-Friday: 8-5pm. First few weeks will be on-site for training, after, potential for a hybrid model (3/4 days on-site and 1/2 days rem... more
9 Days Ago
Human Kinetics, Inc.
Champaign, IL
Human Kinetics, Inc. | Champaign, IL
Job Description. Job Description. Description. The full salary range for this position is $83,900 to $106,800 per year. We expect to hire in at a salary ra... more
9 Days Ago
Paylocity
Schaumburg, IL
Paylocity | Schaumburg, IL
Job Description. Job Description. Description. Paylocity is an award-winning provider of cloud-based HR and payroll software solutions, offering the most c... more
9 Days Ago
Collins Consulting
Chicago, IL
Collins Consulting | Chicago, IL
Payroll Analyst -II. This is a hybrid position and will be onsite three days a week. Global job description database job title: Payroll Analyst -II. Purpos... more
16 Days Ago
UCP Seguin of Greater Chicago
Cicero, IL
UCP Seguin of Greater Chicago | Cicero, IL
Level II Behavior Analyst- Adults. UCP Seguin of Greater Chicago is seeking a dedicated and skilled Level 2 Behavior Analyst to support children and adults... more
6 Days Ago
AbbVie
North Chicago, IL
AbbVie | North Chicago, IL
Job Description. Job Description. Company Description. About AbbVie. AbbVie's mission is to discover and deliver innovative medicines and solutions that so... more
8 Days Ago
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