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Senior Associate Investment Banking salary in Iceland

Average Yearly Salary of Senior Associate Investment Banking in Iceland is approximately 18,004,596 ISK (126,313 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 Senior Associate Investment Banking do?

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How much does Senior Associate Investment Banking make?

Salary details
How much does Senior Associate Investment Banking make?
Estimated Yearly Salary: 18,004,596 ISK
Estimated Monthly Salary: 1,500,383 ISK
Estimated Weekly Salary: 346,242 ISK per week
Estimated Hourly Salary: 8,656 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 17,438,850 ISK
Estimated Monthly Salary: 1,453,238 ISK
Estimated Weekly Salary: 335,363 ISK per week
Estimated Hourly Salary: 8,384 ISK per hour
Last revision of data: 2024-01-03



Senior Associate Investment Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 126,313 USD
Estimated Monthly Salary: 10,526 USD
Estimated Weekly Salary: 2,429 USD per week
Estimated Hourly Salary: 61 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Senior Associate Investment Banking job salary compared to average salary in Iceland.
Comparison shows that a person working as Senior Associate Investment Banking in Iceland earns on average:
2.01 times the average salary (or 201% of average salary).

Is Senior Associate Investment Banking a well paid job?

Yes, our data show that Senior Associate Investment Banking 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 Senior Associate Investment Banking?

High salary for Senior Associate Investment Banking would be somewhere between 19,805,056 ISK and 26,106,664 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior 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: 18,004,596 ISK
Estimated Monthly Salary: 1,500,383 ISK
Estimated Weekly Salary: 346,242 ISK per week
Estimated Hourly Salary: 8,656 ISK per hour
By working as Senior Associate Investment Banking a person can save up to 7,797 USD per month or 93,567 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 Senior Associate Investment Banking

Norway is 176,388 USDup arrow 40%
Details on Senior Associate Investment Banking salary in Norway
United Kingdom is 82,933 USDdown arrow 34%
Details on Senior Associate Investment Banking salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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.

Top 10 highest salaries in Iceland

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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All salary data on optisalary.com are for informational purposes exclusively. We gather data from various reliable sources, yet cannot ensure complete accuracy. Before making career choices, users should consult additional authoritative sources. Salaries fluctuate due to various factors, including economic conditions, job market trends, and geographic location. We deny any responsibility for errors in the salary information provided here. Your engagement with optisalary.com indicates agreement of this policy.
All salary figures on optisalary.com are for reference purposes exclusively. We compile data from numerous reliable databases, yet cannot ensure complete accuracy. Before making career choices, visitors should consult additional authoritative sources. Salaries change due to several factors, including economic conditions, job market trends, and geographic location. We disclaim any liability for misrepresentations in the salary information provided here. Your engagement with optisalary.com indicates agreement of this disclaimer.