Pay by Role
Belgium · Salary comparison

Investment Banker vs Management Consultant salary

In Belgium, a investment banker earns about 36% more than a management consultant $278,288 vs $204,154 per year.

Showing amounts in USD (USD default; source data is EUR). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

Pays more
Finance & Business
Investment Banker
$278,288/yr
Monthly
$23,153
Hourly
$133
Range
$127,967$461,912
10-yr outlook
+7%
Finance & Business
Management Consultant
$204,154/yr
Monthly
$16,994
Hourly
$98
Range
$112,342$316,495
10-yr outlook
+10%

Pay range, side by side

PercentileInvestment BankerManagement Consultant
Entry (10th)$127,967$112,342
25th$203,127$158,191
Median$278,288$204,154
75th$370,100$260,268
Senior (90th)$461,912$316,495

National Belgium figures in EUR. 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 Belgium?
A investment banker earns more, at about € 244.000 per year vs € 179.000 for a management consultant — roughly 36% (€ 65.000) more.
What is the salary range for these roles in Belgium?
A investment banker typically earns € 112.200–€ 405.000, while a management consultant earns € 98.500–€ 277.500 per year.
How much do these jobs pay per month in Belgium?
On a monthly basis before tax, a investment banker averages about € 20.300 and a management consultant about € 14.900.
How do entry-level salaries compare?
At the 10th percentile in Belgium, a investment banker earns about € 112.200 while a management consultant earns about € 98.500 per year.
How do senior-level salaries compare?
At the 90th percentile in Belgium, a investment banker earns about € 405.000 while a management consultant earns about € 277.500 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.