Pay by Role
United Kingdom · Salary comparison

Investment Banker vs Management Consultant salary

In United Kingdom, a investment banker earns about 32% more than a management consultant $235,612 vs $178,048 per year.

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

Pays more
Finance & Business
Investment Banker
$235,612/yr
Monthly
$19,679
Hourly
$114
Range
$108,435$391,170
10-yr outlook
+7%
Finance & Business
Management Consultant
$178,048/yr
Monthly
$14,860
Hourly
$86
Range
$97,993$276,041
10-yr outlook
+10%

Pay range, side by side

PercentileInvestment BankerManagement Consultant
Entry (10th)$108,435$97,993
25th$172,024$138,021
Median$235,612$178,048
75th$313,391$227,045
Senior (90th)$391,170$276,041

National United Kingdom figures in GBP. 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 United Kingdom?
A investment banker earns more, at about £176,000 per year vs £133,000 for a management consultant — roughly 32% (£43,000) more.
What is the salary range for these roles in United Kingdom?
A investment banker typically earns £81,000–£292,200, while a management consultant earns £73,200–£206,200 per year.
How much do these jobs pay per month in United Kingdom?
On a monthly basis before tax, a investment banker averages about £14,700 and a management consultant about £11,100.
How do entry-level salaries compare?
At the 10th percentile in United Kingdom, a investment banker earns about £81,000 while a management consultant earns about £73,200 per year.
How do senior-level salaries compare?
At the 90th percentile in United Kingdom, a investment banker earns about £292,200 while a management consultant earns about £206,200 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.