This is how much you will earn as a graduate starting out in an investment bank and this is how many people applied for your job

Andrew - Am not a first year anymore, but does not seem low to me as a starting salary, especially excluding bonus

& BO/MO are still part of Investment Banking, why would you think otherwise dearest? It means what it means.

"Investment Banking" here must mean something different to what I think - no one in front office IBD earns that little. Maybe if you include *everyone* starting out in an Investment Bank - but that would have to include a lot of BO/MO staff.