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Banking Managing Director - Investment Bank Salary in Minneapolis, MN
How much does a Banking Managing Director - Investment Bank make in Minneapolis, MN?
$425,869 (USD)/year
Average Bonus
$310,842 (USD)
per Year
Total Compensation
$729,311.78
Entry Level
$258,647
Median
$418,470
Senior Level
$645,229
As of July, 23, 2026, the average banking managing director - investment bank gross salary in Minneapolis, Minnesota is $425,869 or an equivalent hourly rate of $205. In addition, banking managing director - investment banks earn an average bonus of $310,842. An entry level banking managing director - investment bank with 1-3 years of experience earns an average salary of $258,647. At the higher end of the pay range, a senior level banking managing director - investment bank with 8+ years of experience earns an average salary of $645,229. Salary estimates are based on salary survey data collected directly from employers in Minneapolis, Minnesota.
Data powered by ERI
Salary Potential for a Banking Managing Director - Investment Bank
Explore the estimated salary growth for a Banking Managing Director - Investment Bank in Minneapolis, MN for up to 5 years. The estimated salary of a Banking Managing Director - Investment Bank will be $437,752 in 1 year and $488,696 in 5 years.
View Salary by Year
Estimated Salary
$449,967
Average Growth
5.7 %
The estimated salary for a Banking Managing Director - Investment Bank in 2 years is $449,967, which is 5.7 % average growth. This information is based on ERI's compensation database.
Typical Banking Managing Director - Investment Bank Education
This chart displays the highest level of education for Banking Managing Director - Investment Banks.
- 0% of Banking Managing Director - Investment Banks have less than a High School Diploma
- 0% of Banking Managing Director - Investment Banks have a High School Diploma
- 0% of Banking Managing Director - Investment Banks have an Associate's Degree
- 100% of Banking Managing Director - Investment Banks have a Bachelor's Degree
- 0% of Banking Managing Director - Investment Banks have a Master's Degree
- 0% of Banking Managing Director - Investment Banks have a Doctorate Degree
The typical field of study for a Banking Managing Director - Investment Bank is Business Administration and Management.
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Banking Managing Director - Investment Bank Salaries in Other Locations
Salaries for Similar Job Titles in Minneapolis, MN
Banking Managing Director - Investment Bank Jobs
View moreCost of Living in Minneapolis, MN
The cost of living in Minneapolis, MN is 2% higher than the national average.
2% higher
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions
What does a Banking Managing Director - Investment Bank do?
Oversees and manages investment bank team, including analysts, associates, VPs, and directors. Reviews and approves pitch books, valuation models, and proposed presentations. Develops and fosters relationships with clients and seeks new opportunities to expand clientele.
How much does a Banking Managing Director - Investment Bank make in Minneapolis, MN?
The average salary for a Banking Managing Director - Investment Bank is $425,869 per year or $204.74 per hour in Minneapolis, MN. Top earners have reported making up to $645,229. However, the typical pay range in Minneapolis, MN is between $258,647 and $645,229 annually.
What is the salary trajectory for a Banking Managing Director - Investment Bank?
Banking Managing Director - Investment Bank is projected to see a 14.8 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Banking Managing Director - Investment Bank salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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