Investment Banker Salary in Chicago, IL

Change City

How much does an Investment Banker make in Chicago, IL? The average Investment Banker salary in Chicago, IL is $83,625 as of March 26, 2024, but the salary range typically falls between $70,763 and $97,112. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Search Investment Banker Jobs in Chicago, IL

Develop a Job description

Pay Equity

Salary range for a Investment Banker

$70,763 to $97,112

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Investment Banker Salary:
Select State
Select City in IL
Choose Similar Job
Pick Related Category
View Cost of Living in Chicago, Illinois

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Investment Banker

Review the job openings and experience requirements for the Investment Banker job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Investment Banker.

Search Investment Banker Job Openings

Job Openings for Investment Banker in Chicago, IL

Investment Banker

augmentjobs - New York , NY

As an Investment Banker, you will play a pivotal role in financial transactions, assisting corporations, governments, and other entities in raising capital, providing strategic advice, and executing ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 8 days ago

Associate Investment Banking Advisor

KMG Advisors - Baltimore , MD

We are seeking a highly motivated and talented individual to join our team as an Associate Investment Banking Advisor. In this role, you will work closely with senior advisors and clients to provide ...

ZipRecruiter - Today

Investment Banking Associate

Viridan Group - San Francisco , CA

Investment Banking Senior Analyst/Associate - Renewable Energy *MUST have energy transaction experience* Location: Must be in or willing to relocate to San Francisco Viridan Group is partnered with a ...

LinkedIn - Today

Investment Banking Analyst | Energy

Jefferies - Houston , TX

With our nearly 100 person team, we provide investment banking capabilities throughout the energy value chain including Upstream, Midstream, Oilfield Services, and ESG. Position: The Energy Team is ...

LinkedIn - Today

Investment Banking Associate

Top Tier Boutique Investment Bank - Minneapolis , MN

We are looking for a first year Investment Banking Associate focusing on Business Services, Industrials, or Consumer. More details to follow by phone.

LinkedIn - 2 days ago

Investment Banking Summer Intern

B C Ziegler & Co - Chicago , IL

Ziegler is a privately held investment bank, capital markets and proprietary investments firm. Specializing in the healthcare, senior living and education sectors, as well as general municipal and ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 1 day ago

What does an Investment Banker do?

Common responsibilities of an Investment Banker

Provide direction and assignment of tasks to colleagues and communicate with clients throughout the transaction process.

July 18, 2022

Supported by our experienced investment banking professionals, our Vice President will be able to leverage their experience, network and industry specialization to generate high quality middle market transactions for the firm.

December 29, 2022

Assist clients in preparing confidential information memorandums, management presentations, defense pitch books, industry trends and identifying new M&A opportunities.

February 21, 2023

Supervise, mentor and guide analysts and associates within the healthcare group.

March 07, 2023

Interact and maintain dialogue with clients prior to, during and after transaction execution.

March 14, 2023

Participate in the preparation of materials describing the business, market positioning and financial condition of clients.

March 19, 2023

Develop a network of contacts in relevant fields that will assist the Firm in finding new client and expanding relationships with potential investors.

April 16, 2023

Manage existing and develop new relationships with real estate investors.

April 23, 2023

Prepare materials used in the sale, acquisition and/or financing of our clients.

May 07, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Investment Banker Salary By Experience Levels in Chicago, IL

How much should you be earning in Investment Banker in Chicago, IL based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Investment Banker in Chicago, IL

RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Investment Banker Salary By Level of Education in Chicago, IL

Do you know how much should you be paid for an Investment Banker position in Chicago, IL based on your education level?

Tell us about your education and see an estimate of earnings for Investment Banker in Chicago, IL and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Investment Banker in Chicago, IL

Average Base Salary

Core compensation

70763

97112

83625

Average Total Cash Compensation

Includes base and annual incentives

78333

114253

96628

What is the average salary for Investment Banker in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Investment Banker in Chicago, IL. The base salary for Investment Banker ranges from $70,763 to $97,112 with the average base salary of $83,625. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $78,333 to $114,253 with the average total cash compensation of $96,628.

View Average Salary for Investment Banker as table

	Average Salary	Average Salary Range
Base Salary	$83,625	$70,763 - $97,112
Bonus	$13,003	$7,570 - $17,140
Total Pay	$96,628	$78,333 - $114,253

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Investment Banker Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $71,161 - $97,659	COMPARE TO Chicago, IL
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $71,161 - $97,659	COMPARE TO Chicago, IL
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $71,080 - $97,547	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $71,134 - $97,622	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $71,134 - $97,622	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $69,542 - $95,436	COMPARE TO Chicago, IL

See salaries for Investment Banker in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Investment Banker in Chicago, IL

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Investment Banker Analyst	LOCATION Chicago, IL	MINIMUM SALARY $67,420	MAXIMUM SALARY $100,021
JOB TITLE Junior Investment Banker	LOCATION Chicago, IL	MINIMUM SALARY $45,821	MAXIMUM SALARY $70,755
JOB TITLE Banker	LOCATION Chicago, IL	MINIMUM SALARY $94,443	MAXIMUM SALARY $126,138
JOB TITLE Private Banker I	LOCATION Chicago, IL	MINIMUM SALARY $60,012	MAXIMUM SALARY $103,300
JOB TITLE Investment Manager	LOCATION Chicago, IL	MINIMUM SALARY $103,278	MAXIMUM SALARY $175,439
JOB TITLE Retail Banker	LOCATION Chicago, IL	MINIMUM SALARY $73,074	MAXIMUM SALARY $100,717

The Investment Banker job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

70763

97112

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Investment Banker Salary in popular cities: Aurora, Rockford, Joliet

Recently searched related titles: Property Investor, Key Account Specialist, Provider Network Consultant

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Investment Banker : Strategy Specialist, Ccna, Global Network Engineer