Business & Finance Mobile, AL Pop. 187,041

Investment Banker Salary in Mobile, Alabama

The median investment banker salary in Mobile, AL is $110,500 per year, which is 15% below the national median and 2.3% below the Alabama state average.

City Median
$110,500
vs State Avg
$-2,600
vs National
$-19,500
Cost of Living
85%

Investment Banker Salary in Mobile by Experience

In Mobile, an entry-level investment banker earns around $68,000, while experienced professionals earn up to $255,000 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$68,000
$-12,000 vs national
Mid Level (3-7 yrs)
$114,750
$-20,250 vs national
Senior Level (8+ yrs)
$255,000
$-45,000 vs national

Salary Percentiles in Mobile, AL

Percentile Mobile
10th Percentile $63,750
25th Percentile $80,750
Median (50th) $110,500
75th Percentile $178,500
90th Percentile $272,000

Investment Banker Salary in Other Alabama Cities

Huntsville, AL
$119,600
Pop. 216,963
Birmingham, AL
$117,000
Pop. 197,575
Tuscaloosa, AL
$114,400
Pop. 101,129
Montgomery, AL
$111,800
Pop. 200,603

How to Become a Investment Banker in Mobile

Education

Most investment banker positions require a bachelor's degree. Mobile and the surrounding Alabama area have institutions offering relevant programs.

Key Skills

Financial ModelingValuationM&AExcelPowerPointDue Diligence

Job Outlook

Nationally, investment banker employment is projected to grow 7% over the next decade (faster than average). Demand in Mobile may vary based on local industry and population growth.