Module IV· Competing Offers & Salary FramingAdvanced
Question
How do you respond if the banker asks about your salary expectations?
Answer
Framework
For junior IB roles, salary is usually standardized. Do not over-negotiate.
Safe answer
'For a junior analyst role, I understand compensation is generally within a market range and standardized by class. My priority at this stage is the platform, learning curve, deal exposure, and team fit. Of course, I would expect market compensation for the role, but salary is not the main driver of my decision.'
If pushed for a range
Give a broad market-aware range and bring the focus back to fit.
Avoid
aggressive negotiation, quoting unverified numbers, or making compensation sound like your primary motivation.