Business & Finance Montgomery, AL Pop. 200,603

Investment Banker Salary in Montgomery, Alabama

The median investment banker salary in Montgomery, AL is $111,800 per year, which is 14% below the national median and 1.1% below the Alabama state average.

City Median
$111,800
vs State Avg
$-1,300
vs National
$-18,200
Cost of Living
86%

Investment Banker Salary in Montgomery by Experience

In Montgomery, an entry-level investment banker earns around $68,800, while experienced professionals earn up to $258,000 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$68,800
$-11,200 vs national
Mid Level (3-7 yrs)
$116,100
$-18,900 vs national
Senior Level (8+ yrs)
$258,000
$-42,000 vs national

Salary Percentiles in Montgomery, AL

Percentile Montgomery
10th Percentile $64,500
25th Percentile $81,700
Median (50th) $111,800
75th Percentile $180,600
90th Percentile $275,200

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
Mobile, AL
$110,500
Pop. 187,041

How to Become a Investment Banker in Montgomery

Education

Most investment banker positions require a bachelor's degree. Montgomery 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 Montgomery may vary based on local industry and population growth.