Home > Salary > Iceland > Associate Investment Banking
Estimated Yearly Salary: 16,233,980 ISK
Estimated Monthly Salary: 1,352,832 ISK
Estimated Weekly Salary: 312,192 ISK per week
Estimated Hourly Salary: 7,805 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,302,599 ISK
Estimated Weekly Salary: 300,600 ISK per week
Estimated Hourly Salary: 7,515 ISK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 112,795 USD
Estimated Monthly Salary: 9,400 USD
Estimated Weekly Salary: 2,169 USD per week
Estimated Hourly Salary: 54 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 16,233,980 ISK
Estimated Monthly Salary: 1,352,832 ISK
Estimated Weekly Salary: 312,192 ISK per week
Estimated Hourly Salary: 7,805 ISK per hour
By working as Associate Investment Banking a person can save up to 6,671 USD per month or 80,049 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 Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Associate Investment Banking
Last revision of data: 2025-01-04
Data as of 2025
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Please note:
The salary data presented here are meant for informational purposes solely.
The salary data on this site is intended for informational purposes only. We offer salary insights derived from multiple sources, but cannot guarantee absolute accuracy. Users should consistently cross-check salary details with other trusted sources before making career-related choices. Fluctuations in salary amounts may occur due to several factors, including location, experience, and industry. We do not extend any guarantee regarding the completeness of the displayed salary information. Use of this website constitutes acceptance of these conditions.
Salary information displayed on this site is informational exclusively. Our figures are compiled various inputs, but we cannot guarantee their accuracy. Users should always verify salary details with official resources before making job-related decisions. Salaries differ due to individual experience, market demand, and employer policies. We cannot offer any warranties about the validity of the provided salary data. By continuing to use this site, you agree these limitations.
Associate Investment Banking salary in Iceland
Average Yearly Salary of Associate Investment Banking in Iceland is approximately 16,233,980 ISK (112,795 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 Associate Investment Banking do?

How much does Associate Investment Banking make?
Salary details
How much does Associate Investment Banking make?Estimated Yearly Salary: 16,233,980 ISK
Estimated Monthly Salary: 1,352,832 ISK
Estimated Weekly Salary: 312,192 ISK per week
Estimated Hourly Salary: 7,805 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 15,631,187 ISKEstimated Monthly Salary: 1,302,599 ISK
Estimated Weekly Salary: 300,600 ISK per week
Estimated Hourly Salary: 7,515 ISK per hour
Associate Investment Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 112,795 USD
Estimated Monthly Salary: 9,400 USD
Estimated Weekly Salary: 2,169 USD per week
Estimated Hourly Salary: 54 USD per hour
Difference in salary year over year or average salary increase is approximately
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
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Associate Investment Banking job salary compared to average salary in Iceland.
Comparison shows that a person working as Associate Investment Banking in Iceland earns on average:
1.81 times the average salary (or 181% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Associate Investment Banking job salary compared to average salary in Iceland.
Comparison shows that a person working as Associate Investment Banking in Iceland earns on average:
1.81 times the average salary (or 181% of average salary).
Is Associate Investment Banking a well paid job?
Yes, our data shows that Associate Investment Banking 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 Associate Investment Banking?
High salary for Associate Investment Banking would be somewhere between 17,857,378 ISK and 23,539,271 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Associate Investment Banking in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 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: 16,233,980 ISK
Estimated Monthly Salary: 1,352,832 ISK
Estimated Weekly Salary: 312,192 ISK per week
Estimated Hourly Salary: 7,805 ISK per hour
By working as Associate Investment Banking a person can save up to 6,671 USD per month or 80,049 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 Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Associate Investment Banking
Salary 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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Iceland
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4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
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(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Random salary:
Title processor (4,586,702 ISK per year, pre-tax.)
Vice president (vp), visual merchandising (42,520,475 ISK per year, pre-tax.)
Transportation analyst (11,703,314 ISK per year, pre-tax.)
Access database administrator (11,813,660 ISK per year, pre-tax.)
Paraeducator (k-12) (4,922,380 ISK per year, pre-tax.)
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The salary data presented here are meant for informational purposes solely.
The salary data on this site is intended for informational purposes only. We offer salary insights derived from multiple sources, but cannot guarantee absolute accuracy. Users should consistently cross-check salary details with other trusted sources before making career-related choices. Fluctuations in salary amounts may occur due to several factors, including location, experience, and industry. We do not extend any guarantee regarding the completeness of the displayed salary information. Use of this website constitutes acceptance of these conditions.
Salary information displayed on this site is informational exclusively. Our figures are compiled various inputs, but we cannot guarantee their accuracy. Users should always verify salary details with official resources before making job-related decisions. Salaries differ due to individual experience, market demand, and employer policies. We cannot offer any warranties about the validity of the provided salary data. By continuing to use this site, you agree these limitations.