Investment Banker vs Management Consultant salary
In Australia, a investment banker earns about 32% more than a management consultant — $272,731 vs $206,803 per year.
Showing amounts in USD (USD default; source data is AUD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies
Pays more
Finance & Business
Investment Banker$272,731/yr
- Monthly
- $22,762
- Hourly
- $131
- Range
- $125,470–$452,747
- 10-yr outlook
- +7%
Finance & Business
Management Consultant$206,803/yr
- Monthly
- $17,210
- Hourly
- $99
- Range
- $113,742–$320,545
- 10-yr outlook
- +10%
Pay range, side by side
| Percentile | Investment Banker | Management Consultant |
|---|---|---|
| Entry (10th) | $125,470 | $113,742 |
| 25th | $199,100 | $160,307 |
| Median | $272,731 | $206,803 |
| 75th | $362,739 | $263,709 |
| Senior (90th) | $452,747 | $320,545 |
National Australia figures in AUD. Individual pay varies with experience, employer, and location.
More Finance & Business comparisons
Frequently asked questions
- Does a investment banker or management consultant earn more in Australia?
- A investment banker earns more, at about $393,000 per year vs $298,000 for a management consultant — roughly 32% ($95,000) more.
- What is the salary range for these roles in Australia?
- A investment banker typically earns $180,800–$652,400, while a management consultant earns $163,900–$461,900 per year.
- How much do these jobs pay per month in Australia?
- On a monthly basis before tax, a investment banker averages about $32,800 and a management consultant about $24,800.
- How do entry-level salaries compare?
- At the 10th percentile in Australia, a investment banker earns about $180,800 while a management consultant earns about $163,900 per year.
- How do senior-level salaries compare?
- At the 90th percentile in Australia, a investment banker earns about $652,400 while a management consultant earns about $461,900 per year.
- Are investment banker and management consultant similar careers?
- Both roles sit in the Finance & Business category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.