Investment Banker vs Management Consultant salary
In South Africa, a investment banker earns about 44% more than a management consultant — $67,267 vs $46,659 per year.
Showing amounts in USD (USD default; source data is ZAR). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies
Pays more
Finance & Business
Investment Banker$67,267/yr
- Monthly
- $5,608
- Hourly
- $32
- Range
- $30,943–$111,663
- 10-yr outlook
- +7%
Finance & Business
Management Consultant$46,659/yr
- Monthly
- $3,889
- Hourly
- $22
- Range
- $25,665–$72,324
- 10-yr outlook
- +10%
Pay range, side by side
| Percentile | Investment Banker | Management Consultant |
|---|---|---|
| Entry (10th) | $30,943 | $25,665 |
| 25th | $49,105 | $36,159 |
| Median | $67,267 | $46,659 |
| 75th | $89,465 | $59,489 |
| Senior (90th) | $111,663 | $72,324 |
National South Africa figures in ZAR. 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 South Africa?
- A investment banker earns more, at about R 1 100 000 per year vs R 763 000 for a management consultant — roughly 44% (R 337 000) more.
- What is the salary range for these roles in South Africa?
- A investment banker typically earns R 506 000–R 1 826 000, while a management consultant earns R 419 700–R 1 182 700 per year.
- How much do these jobs pay per month in South Africa?
- On a monthly basis before tax, a investment banker averages about R 91 700 and a management consultant about R 63 600.
- How do entry-level salaries compare?
- At the 10th percentile in South Africa, a investment banker earns about R 506 000 while a management consultant earns about R 419 700 per year.
- How do senior-level salaries compare?
- At the 90th percentile in South Africa, a investment banker earns about R 1 826 000 while a management consultant earns about R 1 182 700 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.