Investment Banker salary in Singapore
Gross annual earnings — 2024 · Asia · Source: ILO / Life Indexed estimate
Investment Banker salary in Singapore over time
Investment Banker salary — Asia comparison
How Singapore compares to other Asia countries
| Country | Average salary (2024) | vs Singapore |
|---|---|---|
| Singapore | SGD 136,700/yr | — |
| Vietnam | VND 441,000,000/yr | local currency |
| Indonesia | IDR 336,960,000/yr | local currency |
| South Korea | KRW 98,208,000/yr | local currency |
| Japan | JPY 12,158,400/yr | local currency |
| Sri Lanka | LKR 6,144,000/yr | local currency |
| Pakistan | PKR 4,670,400/yr | local currency |
| India | INR 2,490,000/yr | local currency |
| Taiwan | TWD 2,192,400/yr | local currency |
Investment Banker salary worldwide
Frequently asked questions about Investment Banker salaries in Singapore
What is the average Investment Banker salary in Singapore in 2024?
The average investment banker salary in Singapore in 2024 is SGD 136,700 per year (SGD 11,392 per month, or SGD 2,629 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.
What is the salary range for a Investment Banker in Singapore?
Investment Bankers in Singapore earn between SGD 88,800 and SGD 198,200 per year in 2024. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.
How much does a Investment Banker earn per month in Singapore?
A investment banker in Singapore earns approximately SGD 11,392 per month (gross) in 2024, based on an annual average of SGD 136,700. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Singapore.
What is the entry-level Investment Banker salary in Singapore?
Entry-level investment bankers in Singapore typically earn between SGD 88,800 and SGD 116,200 per year in 2024. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.
Is the Investment Banker salary in Singapore increasing?
Yes. Based on available data, Investment Banker salaries in Singapore have grown by approximately 18% between 2022 and 2026, reflecting ongoing demand and wage growth trends.
Is SGD 136,700 a good salary for a Investment Banker in Singapore?
Whether SGD 136,700 per year is a good investment banker salary in Singapore depends on cost of living, location, and career stage. This figure represents the 2024 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.
How does the Investment Banker salary in Singapore compare to other Asia countries?
Singapore's investment banker salary of SGD 136,700/yr (among comparable economies) is below all other Asia countries tracked for this occupation in 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.