Nomura Analyst & Associate Salary
Complete compensation breakdown for investment banking professionals at Nomura, including base salary, bonuses, and total compensation at every level.
Last updated April 2026 · By the Superday AI editorial team
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$105,000
$160,500 - $185,500
$274,000 - $314,000
Analysis
Analyst Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Analyst 1 | $105,000 | $48,000 - $73,000 | $160,500 - $185,500 |
| Analyst 2 | $118,000 | $63,000 - $88,000 | $181,000 - $206,000 |
| Analyst 3 | $128,000 | $73,000 - $103,000 | $201,000 - $231,000 |
Associate Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Associate 1 | $158,000 | $86,000 - $126,000 | $274,000 - $314,000 |
| Associate 2 | $182,000 | $106,000 - $156,000 | $288,000 - $338,000 |
How Nomura Compares
Nomura sits in the middle-market tier alongside Mizuho and other international banks. Bonuses run 35-45% below Goldman and JPMorgan, and 25-35% below Bank of America and Citi.
Benefits & Perks
Meals & Transportation
Meal stipend, transportation support
Nomura Compensation Overview
Nomura offers middle-market compensation reflecting its position as Japan's largest investment bank with global ambitions. Base salaries are competitive with middle-market US peers, while bonuses reflect Nomura's restructuring and focus on core strengths. The firm has sector expertise in Japanese corporates, Asia M&A, and equity capital markets, where bonuses can reach the higher end of ranges. Nomura's culture emphasizes relationship banking and long-term thinking, which can moderate bonus volatility compared to pure advisory firms. Analysts interested in Asia-focused banking or Japanese corporate coverage find the platform valuable. Exit opportunities include corporate development at multinationals and Asia-focused private equity.
Frequently Asked Questions
What is the total compensation for a first-year analyst at Nomura?
First-year analysts at Nomura earn a base salary of $105,000 with a year-end bonus of $48,000 - $73,000, bringing total compensation to approximately $160,500 - $185,500.
How do Nomura bonuses compare to other Middle Market banks?
Nomura sits in the middle-market tier alongside Mizuho and other international banks. Bonuses run 35-45% below Goldman and JPMorgan, and 25-35% below Bank of America and Citi.
Does Nomura pay overtime?
Yes, Nomura does pay overtime to eligible analysts, which can meaningfully increase total compensation.