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My friend started at JPM this summer at $50k. Went to a really good business school, was a TA for a trig class (skilled in mathematics), had all the resume leadership BS, 3.8GPA. The sign on bonuses are more like $5000, and they are taxed, so more like $3500 if you're lucky.
IMO, you'd be insane to get into IB these days if you have no experience.
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