Investment Banking Associate H-1B wages

Filings decided July 2025 to June 2026. Most are classified as Financial and Investment Analysts (SOC 13-2051).

Employers filed 99 wage applications for Investment Banking Associate jobs from July 2025 to June 2026, across 22 employers. The median offered wage was $175,000, 48.0% above the government's prevailing wage for the job. Jefferies LLC filed the most (36, median $175,000).

Filings
99
Positions covered
98
Employers
22
Median offered
$175,000
Median prevailing wage
$118,248
Filings since FY2020
446
Median offer change since FY2020
+17%
Investment Banking Associate, all employers99 filings, July 2025 to June 2026
$175,000Median wage employers told the government they would pay
$175,000 to $185,000Where the middle half of the filings fall
$118,248Prevailing wage: the legal minimum for these jobs

Offered wage since 2020

The median wage offered for Investment Banking Associate jobs rose 17%, from $150,000 in fiscal 2020 to $175,000 in fiscal 2026 so far. In fiscal 2026 it was 48.0% above the prevailing wage. Filings peaked in fiscal 2025, with 98 filings.

Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year

$100k$120k$140k$160k$180k$200k$150k$150k$150k$175k$175k$175k$175k292020542021462022452023882024982025862026*

Fiscal years run October to September. Fiscal 2026 is still running: these figures cover October 2025 to June 2026.

Investment Banking Associate by fiscal year

Fiscal yearFilingsMedian offeredvs year beforeMedian prevailingvs prevailing
2026 (Oct to Jun)86$175,000no change$118,248+48.0%
202598$175,000no change$115,731+51.2%
202488$175,000no change$118,498+29.6%
202345$175,000+16.7%$122,824+31.2%
202246$150,000no change$100,443+20.7%
202154$150,000no change$102,024+23.2%
202029$150,000n/a$105,622+29.1%

Employers that file for this title

Middle half of offered wagesMedian offered wageMedian prevailing wage

EmployerFilingsMedian offeredOffered range and prevailing wagevs prevailing
Jefferies LLC36$175,000+48.0%
Citigroup Global Markets Inc.23$175,000+99.2%
PWP Employer LP8$185,000+56.5%
JPMorgan Chase & Co.7$175,000+48.0%
RBC Capital Markets LLC6$189,544+36.8%
Centerview Partners, LLC2$225,000+25.6%
Pacific Century Securities LLC2$103,043at the minimum
Nomura Securities International, Inc.1$175,000+15.1%
Barclays Capital Inc.1$225,000+90.3%
Stifel Financial Corp1$175,000+64.9%
MTS Health Partners, L.P.1n/a
Lazard Freres & Co. LLC1$200,000+11.7%
Royal Bank of Canada US1$225,000+153.7%
Carbon Reduction Capital, LLC1$158,787at the minimum
PEI Global Partners Holdings LLC1$225,000+51.3%

Showing the 15 employers with the most filings of 22. Employers with fewer than 5 filings in total are counted but not named.

Where Investment Banking Associate jobs are filed

WorksiteFilingsMedian offeredOffered range and prevailing wagevs prevailing
New York, NY69$175,000+48.0%
San Francisco, CA14$175,000+44.4%
Houston, TX3$175,000+163.2%
Boston, MA1$175,000+64.9%
Charlotte, NC1$200,000+116.0%
Chicago, IL1$175,000+86.3%
Denver, CO1$185,000+91.7%
Fort Lauderdale, FL1$113,776+77.0%
Jersey City, NJ1$84,000+14.8%
Las Vegas, NV1$115,000+7.9%
Los Angeles, CA1$185,000+96.7%
Palm Beach Gardens, FL1$185,000+62.6%
Redwood City, CA1$170,000+11.8%
Sandy Springs, GA1$107,120+22.5%
Southfield, MI1$100,000+15.2%
Westport, CT1$158,787at the minimum

Seniority of the jobs filed

Level I, entry19%
Level II, qualified62%
Level III, experienced9%
Level IV, fully competent10%

The government assigns each job one of four wage levels. A higher level means a higher legal minimum.

What these numbers are

Source: U.S. Department of Labor, OFLC disclosure data. How we clean and count it.

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