Pay for an investment banking internship?

Question

I was wondering what the pay is for an intern at a bulge bracket investment bank? How does that compare to what you might get paid at a smaller firm?

Also, is it likely that an interviewer would talk about pay, or should an interviewee ask about it at an interview?

Answer 1

~$1,150 pre-tax. Smaller firms can pay more or less - it depends. (although most likely less unless you're working at a place such as HLHZ, which is almost as competitive as the BB anyway).

Answer 2

The minute you show interest in compensation over the content of the job and your ability to fill it properly you are on a path to an unhappy business career.  So the question you asked can be brought up in the interview. You will have to deal with that.