2025 median annual pay
$103,570
Median for the whole occupation, across all experience levels. It is not specific to a level or to Brazil.
Career in 2026 and 2027
Investment Banking Analyst
An investment banking analyst helps companies raise capital and buy or sell businesses, turning financial analysis into valuations, documents and transaction execution. The role grows from building the numbers to advising on structure and winning mandates.
Content reviewed on October 21, 2026
- Levels
- 4
- Skills mapped at Mid-level
- 6
What each level must prove
Mid-level
Runs core workstreams of a live deal, from valuation to merger model to financing inputs.
You own the models on a live deal and know how the process runs, from teaser to closing. You also start touching equity and debt financing, and your work is presented to clients with less rewriting by seniors.
Average score required: 65%
DCF Valuation
Why: Lets you defend WACC and terminal value choices when a client questions why their business is valued below expectation.
Comparable Company Analysis
Why: Lets you justify which peers to include and how to adjust multiples when a client argues its company is unlike the group.
M&A Process & Mechanics
Why: Lets you track where a sale process stands, from CIM to IOI to definitive agreement, and prepare the right materials for each stage.
Accretion/Dilution Analysis
Why: Lets you build the merger model with sources and uses and goodwill to show whether a buyer's EPS rises or falls under a proposed price.
Equity Offerings
Why: Lets you support an IPO or follow-on by building bookbuilding and pricing analysis, including the greenshoe, for the team's launch decision.
Debt Capital Markets
Why: Lets you compare investment-grade and high-yield routes and read spreads and covenants to support a client's bond issuance decision.
Study for Investment Banking Analyst: trails and practice exams
Each level of this career maps to a study trail. Read the full topic map for free, then measure your level.
Market snapshot (United States)
Projected job growth, 2025–2035
+7%
Much faster than average
Closest US occupation: Financial Analysts. US Bureau of Labor Statistics, Occupational Outlook Handbook, updated August 27, 2026
Two ways to move up one level
12 weeks · intensive
For whoever has a deadline
About 8 hours a week, in 1 cycle focused on the gaps that weigh most.
40 weeks · regular
Alongside work
About 4 hours a week, in 3 cycles. Each cycle carries what was left from the previous one.
Frequently asked questions
What is Investment Banking Analyst?
An investment banking analyst helps companies raise capital and buy or sell businesses, turning financial analysis into valuations, documents and transaction execution. The role grows from building the numbers to advising on structure and winning mandates.
What must each level of Investment Banking Analyst prove?
Investment Banking Analyst is mapped in 4 levels: Junior, Mid-level, Senior, and Expert. Open each level above to see the skills it must prove.
How long does the Investment Banking Analyst plan take?
The plan has 2 paces: 12 weeks per level at about 8 hours a week (intensive) and 40 weeks per level at about 4 hours a week (regular).
How the plan works
AI tutor
A study session on each new topic, at your level.
AI school
Hands-on lessons on using AI in your career's daily work.
Assessments
Each requirement is proven by measurement, not by a checkbox.
Stage review
At the end of each cycle you see what moved and what carries over.
Find out which level you are at
A short diagnostic measures the skills you already have. The journey starts from there.