Macquarie Capital Analyst & Associate Salary
Complete compensation breakdown for investment banking professionals at Macquarie Capital, including base salary, bonuses, and total compensation at every level.
Last updated April 2026 · By the Superday AI editorial team
Preparing for Macquarie Capital? Practice with Real Questions
Master the technical and behavioral questions to maximize your chances.
$108,000
$169,000 - $195,000
$292,000 - $332,000
Analysis
Analyst Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Analyst 1 | $108,000 | $52,000 - $78,000 | $169,000 - $195,000 |
| Analyst 2 | $122,000 | $68,000 - $93,000 | $190,000 - $215,000 |
| Analyst 3 | $132,000 | $78,000 - $108,000 | $210,000 - $240,000 |
Associate Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Associate 1 | $165,000 | $92,000 - $132,000 | $292,000 - $332,000 |
| Associate 2 | $190,000 | $112,000 - $162,000 | $302,000 - $352,000 |
How Macquarie Capital Compares
Macquarie sits in the middle-market tier, slightly above other international banks due to its infrastructure specialization. Bonuses run 30-40% below Goldman and JPMorgan, and 20-30% below Bank of America and Citi.
Benefits & Perks
Meals & Transportation
Dinner provided, car service available
Macquarie Capital Compensation Overview
Macquarie Capital offers middle-market compensation with a distinctive Australian banking heritage and infrastructure focus. Base salaries are competitive with middle-market US peers, while bonuses reflect Macquarie's specialty in infrastructure, energy, and natural resources. The firm's sector expertise and principal investing model mean analysts in these groups can see bonuses at the higher end of ranges. Macquarie's entrepreneurial culture and global platform provide unique learning opportunities beyond traditional M&A. Analysts value the firm's focus on complex project finance and sponsor-backed infrastructure deals. Exit opportunities include infrastructure-focused private equity and corporate development at resource companies.
Frequently Asked Questions
What is the total compensation for a first-year analyst at Macquarie Capital?
First-year analysts at Macquarie Capital earn a base salary of $108,000 with a year-end bonus of $52,000 - $78,000, bringing total compensation to approximately $169,000 - $195,000.
How do Macquarie Capital bonuses compare to other Middle Market banks?
Macquarie sits in the middle-market tier, slightly above other international banks due to its infrastructure specialization. Bonuses run 30-40% below Goldman and JPMorgan, and 20-30% below Bank of America and Citi.
Does Macquarie Capital pay overtime?
Yes, Macquarie Capital does pay overtime to eligible analysts, which can meaningfully increase total compensation.