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xceeda Salary Guide: How much can you expect to earn as an investment banking graduate in Australia?

  • 31 August, 2026
  • 8 mins watch
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It’s one of the first questions students and graduates ask when considering a career in investment banking.

Investment banking is known for strong starting salaries and bonuses, but the Australian market is made up of very different types of firms – from global investment banks and independent advisers through to Australian boutiques and Big Four M&A teams.

And salary is only part of the picture.

Watch the video

In this 8-minute extract from our Investment Banking Analyst Training program, xceeda Founder Jason Hutchins, an experienced finance recruiter, takes a closer look at graduate salaries and bonuses across the Australian investment banking market.

Jason explores:

  • What you can expect to earn as a graduate
  • How compensation varies across different types of firms
  • Career progression and exit opportunities
  • Deal exposure and responsibility
  • Working hours and lifestyle
  • Training and development

Download the one-page salary guide

Want a quick reference point while researching firms and preparing applications?

We’ve put together a one-page Australian Investment Banking Graduate Salary Guide summarising the key salary and bonus figures across the market.

 

 

 

Salary is only part of the picture

When you’re considering where to start your investment banking career, the highest salary isn’t necessarily the best opportunity.

The firm you join, the deals you work on, the responsibility you take on and the training you receive can all have a significant impact on your career.

Use the video and salary guide as a starting point for understanding the Australian market and thinking about what matters when comparing opportunities.

This video is an extract from the Interview Skills module of xceeda’s Investment Banking Analyst Training program.