Director Business Management Analysis salary in Iceland

Average Yearly Salary of Director Business Management Analysis in Iceland is approximately 22,602,737 ISK (158,026 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 Director Business Management Analysis do?

A Director of Business Management Analysis is a senior-level professional responsible for overseeing and managing the business analysis function within an organization. They develop and implement strategies to improve operational efficiency, identify areas for cost reduction, and optimize business processes. The role involves analyzing complex data sets, conducting market research, and evaluating financial performance to provide insights and recommendations to senior management. As a leader, the Director of Business Management Analysis collaborates with cross-functional teams to define business requirements, establish project timelines, and ensure successful implementation of initiatives. They also mentor and guide a team of business analysts, providing support and guidance in their day-to-day activities. This role requires strong analytical skills, excellent problem-solving abilities, and the ability to communicate complex concepts effectively to both technical and non-technical stakeholders.

Skills: Director, Business Management Analysis, Strategic Planning, Data Analysis, Process Optimization, Financial Performance Evaluation
Job industry: Management consulting

How much does Director Business Management Analysis make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Director Business Management Analysis a well paid job?

Yes, our data show that Director Business Management Analysis is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Director Business Management Analysis?

High salary for Director Business Management Analysis would be somewhere between 24,863,011 ISK and 32,773,969 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Business Management Analysis 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: 22,602,737 ISK
Estimated Monthly Salary: 1,883,561 ISK
Estimated Weekly Salary: 434,668 ISK per week
Estimated Hourly Salary: 10,867 ISK per hour
By working as Director Business Management Analysis a person can save up to 10,440 USD per month or 125,280 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 Director Business Management Analysis

Last revision of data: 2025-01-04

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 +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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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