thanks a lot gqbanker15..do u know how long it usually takes to become a md? department head? i know many ibankers will not reach this level, but I was just wondering. Thanks in advance.

 

I'm not exactly sure how long it takes. There is usually only one (two co-heads in some cases). I assume you have to be a stellar MD bringing in a shitload of revenue for the bank.

 
FTRIBKR:
why is there such a big difference in salary between the two?

anaylst 120

assoc 400

A to a: 30%

md 3mm head 15mm

m to head: 20%

Dont be an idiot.

 

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