Home > Salary > Colombia > Music Business Manager
A music business manager is responsible for overseeing the various aspects of an artist's career in the music industry. They handle the financial, legal, and administrative tasks required to ensure the success of the artist's career. This includes negotiating contracts, managing finances, coordinating tours and promotions, and liaising with record labels, agents, and other industry professionals. They also provide guidance and advice to the artist on career decisions and help them navigate the complex music industry landscape. A music business manager must have a strong understanding of the industry and its trends, excellent organizational and communication skills, and the ability to multitask effectively. They play a crucial role in shaping an artist's career and ensuring their long-term success.
Estimated Yearly Salary: 40,732,843 COP
Estimated Monthly Salary: 3,394,404 COP
Estimated Weekly Salary: 783,324 COP per week
Estimated Hourly Salary: 19,583 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,282,455 COP
Estimated Weekly Salary: 757,490 COP per week
Estimated Hourly Salary: 18,937 COP per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 9,047 USD
Estimated Monthly Salary: 754 USD
Estimated Weekly Salary: 174 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 40,732,843 COP
Estimated Monthly Salary: 3,394,404 COP
Estimated Weekly Salary: 783,324 COP per week
Estimated Hourly Salary: 19,583 COP per hour
By working as Music Business Manager a person can save up to 494 USD per month or 5,922 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Music Business Manager
Last revision of data: 2025-01-04
Data as of 2025
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Music Business Manager salary in Colombia
Average Yearly Salary of Music Business Manager in Colombia is approximately 40,732,843 COP (9,047 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Music Business Manager do?
A music business manager is responsible for overseeing the various aspects of an artist's career in the music industry. They handle the financial, legal, and administrative tasks required to ensure the success of the artist's career. This includes negotiating contracts, managing finances, coordinating tours and promotions, and liaising with record labels, agents, and other industry professionals. They also provide guidance and advice to the artist on career decisions and help them navigate the complex music industry landscape. A music business manager must have a strong understanding of the industry and its trends, excellent organizational and communication skills, and the ability to multitask effectively. They play a crucial role in shaping an artist's career and ensuring their long-term success.Skills: Music industry, Artist management, Contract negotiation, Financial management, Tour coordination, Industry liaison
Job industry: Entertainment
Job industry: Entertainment
How much does Music Business Manager make?
Salary details
How much does Music Business Manager make?Estimated Yearly Salary: 40,732,843 COP
Estimated Monthly Salary: 3,394,404 COP
Estimated Weekly Salary: 783,324 COP per week
Estimated Hourly Salary: 19,583 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 39,389,464 COPEstimated Monthly Salary: 3,282,455 COP
Estimated Weekly Salary: 757,490 COP per week
Estimated Hourly Salary: 18,937 COP per hour
Last revision of data: 2024-01-02Music Business Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,047 USD
Estimated Monthly Salary: 754 USD
Estimated Weekly Salary: 174 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Music Business Manager job salary compared to average salary in Colombia.
Comparison shows that a person working as Music Business Manager in Colombia earns on average:
1.51 times the average salary (or 151% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Music Business Manager job salary compared to average salary in Colombia.
Comparison shows that a person working as Music Business Manager in Colombia earns on average:
1.51 times the average salary (or 151% of average salary).
Is Music Business Manager a well paid job?
Yes, our data shows that Music Business Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Music Business Manager?
High salary for Music Business Manager would be somewhere between 44,806,127 COP and 59,062,622 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Music Business Manager in Colombia?
Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 40,732,843 COP
Estimated Monthly Salary: 3,394,404 COP
Estimated Weekly Salary: 783,324 COP per week
Estimated Hourly Salary: 19,583 COP per hour
By working as Music Business Manager a person can save up to 494 USD per month or 5,922 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Music Business Manager
Ecuador is 8,781 USD
Brazil is 11,258 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Data as of 2025Random salary:
Loan administration manager (37,466,926 COP per year, pre-tax.)
Dental hygienist (40,671,156 COP per year, pre-tax.)
Bindery worker (16,862,056 COP per year, pre-tax.)
Senior addiction counselor (26,682,300 COP per year, pre-tax.)
Guitarist (30,204,591 COP per year, pre-tax.)
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