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Associate Investment Banking Jobs in Michigan (NOW HIRING)

Angle Advisors

Associate

Birmingham, MI · On-site

$15 - $20/hr

Company Description Angle Advisors is an independently owned investment bank specializing in merger ... Role Description The Associate is a full-time, on-site role based in Birmingham, MI. In this ...

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All JobsAssociate Investment Banking JobsAssociate Investment Banking Jobs in Michigan

Associate Investment Banking information

See Michigan salary details

$34.9K

$138.4K

$193.5K

How much do associate investment banking jobs pay per year?

As of Sep 6, 2026, the average yearly pay for associate investment banking in Michigan is $138,434.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,900.00 and $170,000.00 per year, depending on experience, location, and employer.

What is an associate investment banking?

Associate Investment Bankers are mid-level professionals in investment banks who help execute deals such as mergers and acquisitions, initial public offerings, and other financial transactions. They act as a bridge between junior analysts and senior bankers, overseeing financial modeling, preparing presentations, and managing client communications. Associates are typically responsible for project management, ensuring deliverables are met, and often mentor junior staff. The role requires strong analytical skills, attention to detail, and the ability to work long hours in a fast-paced environment.

What does an investment banking associate do?

Investment banking associates advise clients on how to best invest their money, whether for long term or short term growth. They do this through analysis of their client’s current financial strategies and helping them to create a new, more profitable plan. As an investment banking associate, your duties include doing in-depth research on the current market, managing clients’ investment portfolios, and conducting risk assessments. You should be aware of current economic trends, as an investment portfolio needs to stay in line with the market. Investment banking associates usually have an MBA, as well as significant experience in the financial industry.

What are some common challenges faced by an associate investment banking during deal execution?

Associate Investment Bankers often encounter tight deadlines and high-pressure situations, especially during live transactions such as mergers, acquisitions, or capital raises. Balancing multiple projects and coordinating with internal teams, clients, and external advisors requires strong organizational and communication skills. Associates are also responsible for rigorous financial modeling and due diligence, which can be both technically demanding and time-consuming. Adapting quickly to shifting priorities and managing client expectations are key to success in this fast-paced environment.

What are the key skills and qualifications needed to thrive as an associate investment banking, and why are they important?

To thrive as an Associate in Investment Banking, you need a strong background in finance, accounting, and quantitative analysis, often supported by an MBA or relevant experience. Proficiency with financial modeling, valuation tools, and platforms like Excel, Bloomberg, and PowerPoint is typically required. Exceptional communication, attention to detail, and the ability to work under pressure are crucial soft skills for success in this role. These competencies enable associates to manage complex transactions, meet client needs, and contribute effectively to high-stakes deal teams.

What is the difference between Associate Investment Banking vs Analyst Investment Banking?

AspectAssociate Investment BankingAnalyst Investment Banking
Required CredentialsBachelor's degree, MBA often preferredBachelor's degree, some firms may prefer or require MBA
Work EnvironmentMore client interaction, project managementData analysis, financial modeling, research
ResponsibilitiesOversee analysts, prepare presentations, support deal executionFinancial modeling, pitch book creation, market research
Experience LevelEntry to mid-level, 2-3 years experienceEntry-level, typically 1-2 years experience

In summary, Associate Investment Banking roles involve more client-facing responsibilities and oversight, often requiring more experience and advanced degrees, while Analyst Investment Banking positions focus on data analysis, financial modeling, and supporting deal processes. Both roles are essential in the investment banking industry but differ in scope and responsibilities.

How much do associates get paid in investment banking?

Investment banking associates typically earn a base salary ranging from $100,000 to $150,000 annually, with total compensation often exceeding $200,000 when including bonuses. Compensation varies based on firm size, location, and experience, and associates are usually expected to work long hours and develop strong financial modeling skills.

What does an associate do in investment banking?

An associate in investment banking supports senior bankers by preparing financial models, conducting research, and creating pitch books for client presentations. They analyze financial data, assist in transaction processes such as mergers and acquisitions, and coordinate with clients and teams to ensure deal execution. Strong analytical skills and proficiency with tools like Excel are essential for this role.
More about Associate Investment Banking jobs

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The most popular types of Investment Banking jobs in Michigan are:

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For Associate Investment Banking jobs in Michigan, the most frequently searched job titles are:

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The top searched job categories for Associate Investment Banking jobs in Michigan are:

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Cities in Michigan with the most Associate Investment Banking job openings:

Associate Investment Banking jobs near you
Infographic showing various Associate Investment Banking job openings in Michigan as of August 2026, with employment types broken down into 1% As Needed, 65% Full Time, 32% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $138,434 per year, or $66.6 per hour.

Investment Banking Senior Associate

Doeren Mayhew CPAs and Advisors

Grand Rapids, MI • On-site

Other

This job post has expired today. Applications are no longer accepted.

Job description

Job Description
Job Description

Doeren Mayhew Capital Advisors (DMCA) is a middle-market investment banking firm with offices in Michigan and Texas. Leveraging 30 years of deal-making experience, the firm’s team has a proven track record, completing transactions nationwide across diverse sectors ranging from $10 million to $500 million in size. Unlike traditional investment banks, Doeren Mayhew Capital Advisors is affiliated with Doeren Mayhew, a top 40 U.S. CPA and advisory firm, helping fuel the deal pipeline and providing additional accounting, due diligence and advisory expertise when needed in a transaction. If you want to join a rising investment bank and thrive on critical analysis, creative problem solving and collaborative teamwork, our investment bank is the right place for you!

Doeren Mayhew Capital Advisors is seeking a Senior Associate to join our team.

The investment banking professional should have 3-4 years of Investment banking transaction experience. Candidates must demonstrate professionalism and client management skills together with strong technical, written, and verbal communication skills. The ideal candidate will possess skills in both finance and accounting.

Securities offered through Doeren Mayhew Capital Advisors, LLC. Member FINRA/SIPC.

Responsibilities:

  • Participating in all aspects of transactions, from pitching prospects to closing deals.
  • Responsible for overseeing analysts’ daily tasks.
  • Creating offering memoranda and pitch books, financial analysis/modeling, marketing idea creation/execution, participating in conference calls and meetings.
  • Working with the firm's senior deal makers to support and lead various aspects of client engagements, business development, marketing activities and day-to-day operations.
  • Ensuring first-rate deliverables for internal and external end-users. Attention to detail and the ability to self-edit are critical.

Qualifications:

  • Bachelor’s degree in Finance, Accounting or related field.
  • Minimum 3-4 years of transaction experience in investment banking.
  • Motivated self-starter who excels in both independent and team-oriented environments.
  • Superior work ethic and commitment to high-quality results and ability to handle high intensity workloads during critical phases of a transaction.
  • Ability to drive deliverables with minimal oversight.
  • Proficient in financial modeling, writing and presentation skills to support deals.
  • Articulate, with exceptionally strong communication skills.
  • Superior attention to detail.
  • Advanced knowledge of Excel and PowerPoint to perform responsibilities.
  • Ability to effectively, interact with senior executives and business owners.
  • Must be able to commute to Troy or Grand Rapids office.

Doeren Mayhew Capital Advisors is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race; color; religion; national origin; sex; age; disability'; sexual orientation; gender identity or expression; genetic predisposition or carrier status; veteran, martial or any other status protected by law.

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