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South Korea offers lucrative career opportunities, especially in the financial sector. Investment banking is a high-pressure but highly rewarding field in South Korea. With its strong economy, growing corporations, and increasing global influence, South Korea has become an attractive destination for aspiring investment bankers. In this article, we will make you understand with detailed information on investment banker salary in South Korea. Also, this guide offers a comprehensive look into factors that influence the salary structure of investment bankers in South Korea.
This Blog Includes:
- How Much Does an Investment Banker Earn in South Korea?
- Investment Banker Salary in South Korea By Experience Level
- Investment Banker Salary in South Korea By Education Level
- Investment Banker Salary in South Korea By Organisation
- Investment Banker Salary in South Korea By Cities
- Investment Banker Salary in South Korea By Positions
- FAQs
How Much Does an Investment Banker Earn in South Korea?
In South Korea, investment bankers earn an average annual salary of KRW 74,518,900, which translates to a monthly salary of about KRW 6,209,908. Salaries can vary significantly within the field, with entry-level or lower-paid investment bankers earning around KRW 36,480,500 annually, or KRW 3,040,041 per month, while top earners can make as much as KRW 116,161,200 per year, which breaks down to KRW 9,680,100 monthly. This wide range reflects the diversity in experience, seniority, and the size of transactions managed by professionals within the industry.
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Investment Banker Salary in South Korea By Experience Level
In South Korea, the average salary of an investment banker can vary widely based on the experience level, the specific bank, and performance bonuses. Here’s a general breakdown of
Typical salary range by experience level:
| Experience Level | Average Salary Per Year |
| 0-2 Years | KRW 43,321,300 |
| 2-5 Years | KRW 55,678,400 |
| 5-10 Years | KRW 76,801,100 |
| 10-15 Years | KRW 95,040,800 |
| 15-20 Years | KRW 101,878,900 |
| 20+ Years | KRW 108,600,300 |
Investment Banker Salary in South Korea By Education Level
The salary of an investment banker in South Korea can also be influenced by the educational background. Here’s general information on salary expectations based on education level:
| Education Level | Average Salary Per Year |
| Bachelor’s Degree | KRW 54,000,800 |
| Master’s Degree | KRW 86,759,500 |
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Investment Banker Salary in South Korea By Organisation
Investment banker salaries in South Korea can also vary based on the type of organisation you are working for. Here’s an overview of salary range by organisation type:
| Organisation | Average Salary Per Year |
| UBS | KRW 111,000,000- KRW 114,000,000 |
| Kearney | KRW 120,000,000- KRW 130,000,000 |
| Korea Investment & Securities | KRW 17,000,000- KRW 19,000,000 |
| Samsung Securities | KRW 110,000,000- KRW 120,000,000 |
| Kookmin Bank | KRW 80,000,000- KRW 90,000,000 |
| NH Investment & Securities | KRW 100,000,000- KRW 120,000,000 |
| Goldman Sach | KRW 160,000,000- KRW 170,000,000 |
| Eugene Asset Management | KRW 100,000,000- KRW 120,000,000 |
| Daiwa Capital Markets | KRW 50,000,000- KRW 60,000,000 |
| Wipro | KRW 30,000,000- KRW 40,000,000 |
| Accenture | KRW 50,000,000- KRW 60,000,000 |
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Investment Banker Salary in South Korea By Cities
In South Korea, investment banker salaries vary by city, cost of living, and demand for banking services in each location. Here’s an overview of salary range by major cities:
| Cities | Average Salary Per Year |
| Bucheon | KRW 71,280,900 |
| Ulsan | KRW 74,639,200 |
| Suwon | KRW 74,879,200 |
| Seoul | KRW 87,838,100 |
| Seongnam | KRW 70,920,900 |
| Incheon | KRW 78,121,700 |
| Gwangju | KRW 75,721,000 |
| Goyang | KRW 73,801,300 |
| Daejeon | KRW 76,560,700 |
| Daegu | KRW 77,278,600 |
| Busan | KRW 78,838,900 |
Investment Banker Salary in South Korea By Positions
In South Korea, Investment banking salaries vary based on position level, with compensation increasing substantially as professionals move up the ranks. Here’s a breakdown of typical salary ranges by position:
| Positions | Average Salary Per Year |
| AML Analyst | KRW 75,959,500 |
| Bank Accounts Analyst | KRW 29,278,200 |
| Bank Branch Manager | KRW 87,118,500 |
| Bank Clerk | KRW 16,679,800 |
| Banker | KRW 34,561,900 |
| Banking Risk Analyst | KRW 54,719,600 |
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FAQs
In Korea, a good wage depends on experience and industry. However, in most areas, a monthly salary of more than KRW 4,000,000 would be regarded as good given the average and median earnings.
Long-term earnings for investment bankers are generally higher due to equity stakes, performance-based bonuses, and a larger pay scale at senior levels like managing directors or partners in investment companies.
In South Korea, the average salary for a Banking Analyst in an Investment Bank is KRW 30,650 per hour, or KRW 63,751,184 annually.
This was all about the average Investment Banker Salary in South Korea, for such articles on different high-paying job professions, follow Leverage Edu and Jobs Abroad.
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