There are currently an estimated 137,100 investment bankers in the United States. The investment banker job market is expected to grow by 3.1% between 2024 and 2034.
How employable are investment bankers?
CareerExplorer rates investment bankers with a D employability rating, meaning this career should provide weak employment opportunities for the foreseeable future. Over the next 10 years, it is expected the US will need 4,300 investment bankers.
What’s the supply of investment bankers?
The investment banker industry is concentrated in California, Texas, New York
Investment Banker job market by state
| State Name | Employed Investment Bankers |
|---|---|
| California | 14,290 |
| Texas | 13,550 |
| New York | 9,750 |
| Florida | 6,960 |
| Illinois | 5,850 |
| New Jersey | 5,510 |
| Virginia | 5,070 |
| North Carolina | 4,190 |
| Ohio | 4,170 |
| Georgia | 4,070 |
| Pennsylvania | 4,030 |
| Colorado | 4,030 |
| Maryland | 3,790 |
| Utah | 3,120 |
| Louisiana | 2,990 |
| Washington | 2,910 |
| Missouri | 2,710 |
| Michigan | 2,620 |
| District of Columbia | 2,460 |
| Tennessee | 2,420 |
| Indiana | 1,930 |
| Wisconsin | 1,620 |
| Delaware | 1,330 |
| Maine | 1,250 |
| Iowa | 1,220 |
| Nevada | 1,220 |
| Kansas | 1,140 |
| South Carolina | 930 |
| West Virginia | 920 |
| Oklahoma | 920 |
| Arizona | 910 |
| Oregon | 900 |
| Hawaii | 840 |
| Minnesota | 820 |
| New Mexico | 720 |
| Kentucky | 690 |
| Alabama | 530 |
| Rhode Island | 510 |
| Nebraska | 480 |
| New Hampshire | 420 |
| Mississippi | 400 |
| Arkansas | 370 |
| Montana | 270 |
| Vermont | 230 |
| Idaho | 210 |
| North Dakota | 150 |
| Alaska | 130 |
| Wyoming | 100 |
| South Dakota | 90 |