Home > Salary > Iraq > Investment Banker
An investment banker is a financial professional who provides financial advice and services to corporations, governments, and individuals. They help clients raise capital by underwriting securities, facilitate mergers and acquisitions, and provide strategic advice for various financial transactions. Investment bankers analyze market trends, conduct due diligence, and assess risks to provide recommendations on investment opportunities. They also develop financial models, create pitch books, and negotiate deals on behalf of their clients. This occupation requires strong analytical skills, knowledge of financial markets, and the ability to work in a high-pressure environment. Investment bankers typically work long hours and must stay up-to-date with economic trends and regulatory changes. They often collaborate with other professionals such as lawyers, accountants, and traders to ensure successful execution of financial transactions.
Estimated Yearly Salary: 17,796,456 IQD
Estimated Monthly Salary: 1,483,038 IQD
Estimated Weekly Salary: 342,240 IQD per week
Estimated Hourly Salary: 8,556 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,429,636 IQD
Estimated Weekly Salary: 329,916 IQD per week
Estimated Hourly Salary: 8,248 IQD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 11,938 USD
Estimated Monthly Salary: 995 USD
Estimated Weekly Salary: 230 USD per week
Estimated Hourly Salary: 6 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: 17,796,456 IQD
Estimated Monthly Salary: 1,483,038 IQD
Estimated Weekly Salary: 342,240 IQD per week
Estimated Hourly Salary: 8,556 IQD per hour
By working as Investment Banker a person can save up to 755 USD per month or 9,058 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 Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Investment Banker
Last revision of data: 2025-01-04
Data as of 2025
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Investment Banker salary in Iraq
Average Yearly Salary of Investment Banker in Iraq is approximately 17,796,456 IQD (11,938 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 Investment Banker do?
An investment banker is a financial professional who provides financial advice and services to corporations, governments, and individuals. They help clients raise capital by underwriting securities, facilitate mergers and acquisitions, and provide strategic advice for various financial transactions. Investment bankers analyze market trends, conduct due diligence, and assess risks to provide recommendations on investment opportunities. They also develop financial models, create pitch books, and negotiate deals on behalf of their clients. This occupation requires strong analytical skills, knowledge of financial markets, and the ability to work in a high-pressure environment. Investment bankers typically work long hours and must stay up-to-date with economic trends and regulatory changes. They often collaborate with other professionals such as lawyers, accountants, and traders to ensure successful execution of financial transactions.
Skills: Investment banking, Financial advisory, Capital raising, Mergers and acquisitions, Financial analysis, Risk assessment
Job industry: Finance
Job industry: Finance
How much does Investment Banker make?
Salary details
How much does Investment Banker make?Estimated Yearly Salary: 17,796,456 IQD
Estimated Monthly Salary: 1,483,038 IQD
Estimated Weekly Salary: 342,240 IQD per week
Estimated Hourly Salary: 8,556 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 17,155,632 IQDEstimated Monthly Salary: 1,429,636 IQD
Estimated Weekly Salary: 329,916 IQD per week
Estimated Hourly Salary: 8,248 IQD per hour
Last revision of data: 2024-01-02Investment Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,938 USD
Estimated Monthly Salary: 995 USD
Estimated Weekly Salary: 230 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Investment Banker job salary compared to average salary in Iraq.
Comparison shows that a person working as Investment Banker in Iraq earns on average:
2.18 times the average salary (or 218% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Investment Banker job salary compared to average salary in Iraq.
Comparison shows that a person working as Investment Banker in Iraq earns on average:
2.18 times the average salary (or 218% of average salary).
Is Investment Banker a well paid job?
Yes, our data show that Investment Banker 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 Investment Banker?
High salary for Investment Banker would be somewhere between 19,576,102 IQD and 25,804,861 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Investment Banker in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 17,796,456 IQD
Estimated Monthly Salary: 1,483,038 IQD
Estimated Weekly Salary: 342,240 IQD per week
Estimated Hourly Salary: 8,556 IQD per hour
By working as Investment Banker a person can save up to 755 USD per month or 9,058 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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Investment Banker
Iran is 15,807 USD
Jordan is 18,914 USD
Kuwait is 26,723 USD
Saudi Arabia is 55,301 USD
Syria is 7,346 USD
Turkey is 21,217 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Magnetic resonance imaging (mri), supervisor (11,680,485 IQD per year, pre-tax.)
Underwriter trainee (9,397,076 IQD per year, pre-tax.)
Quarry rock splitter (5,467,200 IQD per year, pre-tax.)
Trade show manager (10,951,980 IQD per year, pre-tax.)
Cutting punching press machine setter operator tender metal and plastic (4,181,902 IQD per year, pre-tax.)
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