Investment Banking Associate Salaries in Canada

The average salary for an Investment Banking Associate is $229,468 per year in Canada. Salaries estimates are based on 115 salaries submitted anonymously to Glassdoor by an Investment Banking Associate employees in Canada.

The highest salary for an Investment Banking Associate in Canada is $360,815 per year.

The lowest salary for an Investment Banking Associate in Canada is $153,134 per year.

If you’re interested in earning more money as an investment banking associate, consider getting certified in the field. If you want to advance your position, the Chartered Financial Analyst (CFA) is considered one of the most highly regarded credentials for global investment managers. The CFA institute is headquartered in the USA, but certification is applicable worldwide. Depending on your specialty, you may also consider Certified Investment Management Analyst (CIMA) or Chartered Market Technician (CMT) certification. Most investment banking associates have a bachelor’s degree in business or a related field, but additional education can help you climb the salary ladder. Prior consulting experience, skills in problem-solving and interaction with clients, solid time management skills, careful attention to detail, and experience with statistics, banking, and threading exercises can help you make more money as an investment banking associate in Canada.

If you’re hunting for a new job as an investment banking associate, a good starting place is to do some research on your local market rate. Knowing your worth will help you make a more confident argument when it comes time to negotiate your salary. During the interview process, be sure to highlight your experience, everything from having a good sense of your client’s short and long-term goals and financial needs to creating portfolios of investment opportunities through careful evaluation of specific companies and industry data. Don’t forget those top-notch soft skills every investment banking firm looks for, like creativity, relationship building, open-mindedness, discipline, and communication. Once the employer reveals how much they’re willing to pay, feel free to ask for at least 10% more than their offer.

About 70.24% of Investment Banking Associate professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $109,372 in potential pay per year, among other factors, can qualify the annual pay of an Investment Banking Associate in Canada as a good salary.

Investment Banking Associate professionals in Canada have a wide total pay range, between $110,634 and $564,258 depending on experience, with an estimated total pay of $229,468 following the average career path of an Investment Banking Associate.