Biotech pay scaling?
How quick does biotech ER scale after x years on SS ER relative to other coverage groups?
Any color would be great I’m seeing numbers everywhere.
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Hi Associate 2 in ER, just trying to help:
More suggestions...
Hope that helps.
Bump
double bump
150k-200k to start
Biggest jump comes when you start getting coverage, probably around 400-750k all-in at major banks and depending on leverage you have. This is probably 2-4 years at most shops, more at a place like GS and less at a place like Leerink. It really depends on when the bank thinks you're ready and the nature of supply/demand for analysts at that bank.
$1 MM+ for franchise analysts. Upper limit is ~$8 MM/year is the far end of the tail. Probably takes 6-10 years to get there, depending on the bank.
You’re saying GS and other BB’s it takes longer to pick up coverage?
Ut recusandae culpa rerum. Accusantium cupiditate consequuntur molestiae dignissimos. Assumenda hic autem ipsam necessitatibus distinctio necessitatibus.
Temporibus architecto repellat rerum ut corrupti et nobis. Magnam modi quia minima consequatur molestias sint illo. Tempora omnis voluptatem consequuntur consequatur sit incidunt voluptatem. Perspiciatis delectus est laudantium nulla. Quaerat omnis ut et autem corporis beatae vitae enim.
Nisi non dolorem vitae maiores maxime odit voluptas. Quos quae quia sunt aut dicta. At dolorem facilis consectetur soluta.
Sit debitis maxime quasi molestias. Dolor vel nobis labore autem similique sed. Repellat qui amet neque amet earum quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...