How Much Does an Investment Banking Assistant Make in Illinois?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Investment Banking Assistant in Illinois is $68,514. While Salary.com is seeing that Investment Banking Assistant salary in IL can go up to $82,760 or down to $54,632, but most earn between $61,248 and $75,971. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Investment Banking Assistant
Banking Investment Manager
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Illinois
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Investment Banking Analyst
$122,738
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Investment Banking Associate
$39,031
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Investment Banking Director
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Similar Job Salaries to Investment Banking Assistant by Company

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Company average base salary in (usd) range
myGwork - LGBTQ+ Business Community
Analyst, Healthcare Investment Banking
$125,579/yr
$110,514
$140,643
RANGE: $110,514 - $140,643
Dresner Partners
Experienced Investment Banking Analyst
$106,885/yr
$93,609
$120,160
RANGE: $93,609 - $120,160
Jobs
Managing Director Investment Banking
$212,605/yr
$189,161
$236,050
RANGE: $189,161 - $236,050
SC&H
Investment Banking Analyst
$113,523/yr
$100,369
$126,678
RANGE: $100,369 - $126,678
Mesirow Financial Administrative Corp
Investment Banking Associate
$91,333/yr
$80,502
$102,163
RANGE: $80,502 - $102,163
Stout
Analyst, Industrials Investment Banking
$115,804/yr
$101,982
$129,627
RANGE: $101,982 - $129,627
Truist
Investment Banking Associate- Industrials
$76,675/yr
$68,208
$85,142
RANGE: $68,208 - $85,142
Mesirow
Investment Banking Analyst
$106,885/yr
$93,609
$120,160
RANGE: $93,609 - $120,160
Mesirow
Investment Banking Associate
$91,333/yr
$80,502
$102,163
RANGE: $80,502 - $102,163

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Top 10 Highest Paying Cities For Investment Banking Assistant Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where an Investment Banking Assistant can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Investment Banking Assistant job salaries in Illinois. Some cities can pay higher salaries for Investment Banking Assistant jobs, which can indicate that there is a large demand for Investment Banking Assistant positions in this city.
The following table shows top 10 cities where the Investment Banking Assistant salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Evanston. The Investment Banking Assistant salary is $70,256 in Chicago, which is higher than the national average. There are 20 cities' Investment Banking Assistant salary higher than national average in Illinois.
The average salary for an Investment Banking Assistant in Illinois is $68,514, but we found that the city with the highest salary for Investment Banking Assistant jobs is Chicago, IL, and it is higher than Cicero. Investment Banking Assistant jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $70,256 $5,855 $1,351 $34
Cicero $70,256 $5,855 $1,351 $34
Evanston $70,256 $5,855 $1,351 $34
Oak Park $70,256 $5,855 $1,351 $34
Skokie $70,256 $5,855 $1,351 $34
Oak Lawn $70,189 $5,849 $1,350 $34
Des Plaines $70,055 $5,838 $1,347 $34
Mount Prospect $69,988 $5,832 $1,346 $34
Aurora $69,653 $5,804 $1,339 $33
Hoffman Estates $69,653 $5,804 $1,339 $33

What Does an Investment Banking Assistant Do?

Investment banking also includes the peripheral tasks of managing M&A, advisory, and other corporate finance services.
Updated December 22, 2021
Interested in a specific exit opportunity that normally has investment banking as a prerequisite, such as private equity or corporate development.
Updated November 30, 2021
There are some variations and slightly different titles, but this is the basic investment banking career path.
Updated November 25, 2021
Please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking.
Updated November 23, 2021
If you are thinking of becoming an Investment Banking Assistant or planning the next step in your career, find details about.
Updated November 23, 2021

Frequently Asked Questions About an Investment Banking Assistant Salaries

What is the average of an Investment Banking Assistant in Illinois?

The Investment Banking Assistant salary range is from $61,248 to $75,971, and the average Investment Banking Assistant salary is $68,514/year in Illinois. The Investment Banking Assistant's salary will change in different locations.

Which location pays the highest Investment Banking Assistant salary in the United States?

The Investment Banking Assistant salary in San Jose, CA is $84,052 which is the highest in the US.

What kinds of reasons will influence the Investment Banking Assistant's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Investment Banking Assistant.

What is the growth rate of the Investment Banking Assistant's salary?

If you are thinking of becoming an Investment Banking Assistant or planning the next step in your career, find the detailed salary report of an Investment Banking Assistant.