Average Finance Analyst Salary in Mongolia for 2026
In this article, we will look at the average Finance Analyst salary for 2026 in Mongolia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Mongolian tögrög. To keep things simple, we are using the MNT currency code instead of the currency symbol ₮.
How Much Does a Finance Analyst Make in Mongolia?
A Finance Analyst working in Mongolia will typically earn around 31,201,500 MNT per year, and this can range from the lowest average salary of about 15,001,200 MNT to the highest average salary of 48,961,500 MNT.
These are average salaries for a Finance Analyst in Mongolia and include benefits such as housing and transport. It's also possible for a Finance Analyst to earn more or less than the average salaries shown above.
Finance Analyst salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Finance Analyst Salaries in Mongolia
So we've looked at the average salaries a Finance Analyst will earn in Mongolia. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Finance Analyst can earn between 15,001,200 MNT and 48,961,500 MNT on average in Mongolia. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for a Finance Analyst in Mongolia is 32,398,700 MNT. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 32,398,700 MNT, and 50% of the population earn more than 32,398,700 MNT.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Finance Analyst salary in Mongolia, 25% of the population are earning less than 21,361,700 MNT while 75% of the population earn more than 21,361,700 MNT.
75% of the population earn less than 42,239,100 MNT, and 25% of the population earn more than 42,239,100 MNT.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Finance Analyst Salary by Experience Level in Mongolia
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average Finance Analyst salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. A Finance Analyst in Mongolia that has less than two years of experience can expect to earn somewhere in the region of 17,519,700 MNT.
- 2 - 5 Years Experience. With two to five years of experience the average Finance Analyst salary would increase to 24,841,800 MNT.
- 5 - 10 Years Experience. From five to ten years of experience as a Finance Analyst, the average salary would be 32,639,300 MNT.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 40,079,600 MNT.
- 15 - 20 Years Experience. A Finance Analyst with 15 to 20 years of experience can earn an average of 42,601,100 MNT.
- 20+ Years Experience. For a Finance Analyst with more than 20 years, the expected average salary increases to 46,680,900 MNT.
Average Salary by Experience Chart
| 0-2 Years | - | 17,519,700 MNT |
| 2-5 Years | +42% | 24,841,800 MNT |
| 5-10 Years | +31% | 32,639,300 MNT |
| 10-15 Years | +23% | 40,079,600 MNT |
| 15-20 Years | +6% | 42,601,100 MNT |
| 20+ Years | +10% | 46,680,900 MNT |
Finance Analyst Salary by Education Level in Mongolia
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for a Finance Analyst in Mongolia based on the education level of the employees in order to find out whether a better education level would increase your salary.
- High School. A Finance Analyst in Mongolia with a high school education can earn an average salary of 21,719,900 MNT.
- Certificate or Diploma. A Finance Analyst in Mongolia with a certificate or diploma education can earn an average salary of 25,200,800 MNT.
- Bachelor's Degree. A Finance Analyst in Mongolia with a bachelor's degree education can earn an average salary of 36,718,100 MNT.
- Master's Degree. A Finance Analyst in Mongolia with a master's degree education can earn an average salary of 45,239,100 MNT.
Average Salary by Education Chart
| High School | - | 21,719,900 MNT |
| Certificate or Diploma | +16% | 25,200,800 MNT |
| Bachelor's Degree | +46% | 36,718,100 MNT |
| Master's Degree | +23% | 45,239,100 MNT |
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Mongolia is around 9,750,000 to 29,300,000 MNT and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Finance Analyst Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Mongolia, a male finance analyst will earn an average of 32,280,500 MNT, while a female finance analyst will earn around 30,479,000 MNT.
This means that a male finance analyst earns approximately 6% more than a female finance analyst for performing the same job.
Average Salary by Gender Chart in Mongolia
| Male | - | 32,280,500 MNT |
| Female | -6% | 30,479,000 MNT |
Finance Analyst Average Pay Raise in Mongolia
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for a Finance Analyst in Mongolia is around 8% every 29 months.
The national average pay raise across all professions and industries in Mongolia is around 4% every 29 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 8 ÷ 29 ) × 12 = 3%
What this means is that a Finance Analyst in Mongolia can expect to receive an average pay raise of around 3% every 12 months.
Annual Pay Raise by Industry in Mongolia for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mongolia.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 8% |
| Energy | - | 7% |
| Information Technology | - | 6% |
| Healthcare | - | 5% |
| Travel | - | 4% |
| Construction | - | 3% |
| Education | - | 2% |
Finance Analyst Bonus and Incentive Rates in Mongolia
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
A Finance Analyst is a low bonus based job, with 40% of employees reporting at least one bonus in the last 12 months.
60% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.
| Received Bonus | - | 40% |
| No Bonus | - | 60% |
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in Mongolia earn approximately 18% more than private sector employees in the same role.
| Public Sector | - | 25,561,400 MNT |
| Private Sector | -18% | 21,719,900 MNT |
Salaries for Jobs Similar to a Finance Analyst
In the table below, we have salary information for jobs that are similar to a Finance Analyst in Mongolia.
| Job Title | Category | Salary |
|---|---|---|
| Account Examiner | Accounting and Finance | 12,600,600 MNT |
| Account Executive | Accounting and Finance | 21,719,900 MNT |
| Accountant | Accounting and Finance | 15,599,800 MNT |
| Accounting Analyst | Accounting and Finance | 19,321,100 MNT |
| Accounting Assistant | Accounting and Finance | 12,721,300 MNT |
| Accounting Associate | Accounting and Finance | 11,543,100 MNT |
| Accounting Clerk | Accounting and Finance | 9,995,000 MNT |
| Accounting Coordinator | Accounting and Finance | 15,118,700 MNT |
| Accounting Head | Accounting and Finance | 34,319,800 MNT |
| Accounting Manager | Accounting and Finance | 34,799,800 MNT |
| Accounting Officer | Accounting and Finance | 12,239,700 MNT |
| Accounting Specialist | Accounting and Finance | 23,280,700 MNT |
| Accounting Supervisor | Accounting and Finance | 21,719,900 MNT |
| Accounting Technician | Accounting and Finance | 11,905,700 MNT |
| Accounting Unit Controller | Accounting and Finance | 27,601,100 MNT |
| Accounts Executive | Accounting and Finance | 20,639,100 MNT |
| Accounts Officer | Accounting and Finance | 12,721,300 MNT |
| Accounts Payable Assistant | Accounting and Finance | 13,561,900 MNT |
| Accounts Payable Associate | Accounting and Finance | 15,238,200 MNT |
| Accounts Payable Clerk | Accounting and Finance | 12,721,300 MNT |
| Accounts Payable Manager | Accounting and Finance | 31,919,300 MNT |
| Accounts Payable and Receivable Specialist | Accounting and Finance | 16,198,300 MNT |
| Accounts Receivable Administrator | Accounting and Finance | 25,321,400 MNT |
| Accounts Receivable Clerk | Accounting and Finance | 12,600,600 MNT |
| Accounts Receivable Financial Analyst | Accounting and Finance | 22,681,800 MNT |
| Accounts Receivable Manager | Accounting and Finance | 30,961,800 MNT |
| Accounts Receivable Team Leader | Accounting and Finance | 23,520,800 MNT |
| Assistant Accountant | Accounting and Finance | 12,958,200 MNT |
| Assistant Accounting Manager | Accounting and Finance | 29,519,900 MNT |
| Assistant Auditor | Accounting and Finance | 17,159,700 MNT |
| Assistant Corporate Controller | Accounting and Finance | 21,719,900 MNT |
| Assistant Finance Manager | Accounting and Finance | 35,758,400 MNT |
| Assistant Financial Controller | Accounting and Finance | 23,040,200 MNT |
| Audit Director | Accounting and Finance | 37,441,100 MNT |
| Audit Supervisor | Accounting and Finance | 29,519,900 MNT |
| Auditing Clerk | Accounting and Finance | 12,721,300 MNT |
| Auditing Manager | Accounting and Finance | 32,758,100 MNT |
| Billing Clerk | Accounting and Finance | 13,199,100 MNT |
| Billing Coordinator | Accounting and Finance | 14,880,300 MNT |
| Billing Specialist | Accounting and Finance | 18,239,400 MNT |
| Billing Supervisor | Accounting and Finance | 24,718,600 MNT |
| Bookkeeper | Accounting and Finance | 11,135,000 MNT |
| Bookkeeping Specialist | Accounting and Finance | 16,198,300 MNT |
| Budget Analyst | Accounting and Finance | 27,479,000 MNT |
| Budget Manager | Accounting and Finance | 34,319,800 MNT |
| Business Support Analyst | Accounting and Finance | 19,439,300 MNT |
| Capital Markets Associate | Accounting and Finance | 25,321,400 MNT |
| Cash Flow Analyst | Accounting and Finance | 23,759,100 MNT |
| Cash Management Manager | Accounting and Finance | 32,519,500 MNT |
| Cash Management Officer | Accounting and Finance | 19,678,200 MNT |
| Cashbook Clerk | Accounting and Finance | 11,207,800 MNT |
| Chartered Accountant | Accounting and Finance | 20,639,100 MNT |
| Chief Accountant | Accounting and Finance | 23,399,000 MNT |
| Collections Clerk | Accounting and Finance | 10,237,100 MNT |
| Collections Representative | Accounting and Finance | 14,158,800 MNT |
| Collections Specialist | Accounting and Finance | 16,799,900 MNT |
| Corporate Controller | Accounting and Finance | 25,079,200 MNT |
| Corporate Treasurer | Accounting and Finance | 31,440,200 MNT |
| Cost Accountant | Accounting and Finance | 16,198,300 MNT |
| Cost Accounting Manager | Accounting and Finance | 34,078,800 MNT |
| Cost Accounting Supervisor | Accounting and Finance | 27,118,300 MNT |
| Cost Analyst | Accounting and Finance | 25,919,400 MNT |
| Credit Controller | Accounting and Finance | 21,841,900 MNT |
| Credit Manager | Accounting and Finance | 33,360,800 MNT |
| Credit and Collection Manager | Accounting and Finance | 33,360,800 MNT |
| Credit and Collection Staff | Accounting and Finance | 12,958,200 MNT |
| Credit and Loans Officer | Accounting and Finance | 12,239,700 MNT |
| Debt Adviser | Accounting and Finance | 27,601,100 MNT |
| Debt Collector | Accounting and Finance | 12,721,300 MNT |
| Debtors Clerk | Accounting and Finance | 11,255,300 MNT |
| Debtors Controller | Accounting and Finance | 12,239,700 MNT |
| Deputy CFO | Accounting and Finance | 45,119,800 MNT |
| Deputy Head of Finance | Accounting and Finance | 44,398,300 MNT |
| Derivative Trader | Accounting and Finance | 27,118,300 MNT |
| Director of Finance | Accounting and Finance | 50,158,700 MNT |
| Economist | Accounting and Finance | 39,481,900 MNT |
| Equity Analyst | Accounting and Finance | 30,360,800 MNT |
| Escrow Assistant | Accounting and Finance | 14,880,300 MNT |
| Executive Accountant | Accounting and Finance | 18,359,600 MNT |
| External Auditor | Accounting and Finance | 23,040,200 MNT |
| Finance Administrator | Accounting and Finance | 18,479,600 MNT |
| Finance Associate | Accounting and Finance | 14,400,800 MNT |
| Finance Director | Accounting and Finance | 50,878,500 MNT |
| Finance Executive | Accounting and Finance | 34,919,600 MNT |
| Finance Licensing Clerk | Accounting and Finance | 11,399,200 MNT |
| Finance Licensing Manager | Accounting and Finance | 31,559,900 MNT |
| Finance Licensing Specialist | Accounting and Finance | 18,598,500 MNT |
| Finance Manager | Accounting and Finance | 45,719,900 MNT |
| Finance Officer | Accounting and Finance | 15,719,900 MNT |
| Finance President | Accounting and Finance | 48,239,000 MNT |
| Finance Relationship Manager | Accounting and Finance | 39,481,900 MNT |
| Finance Release Analyst | Accounting and Finance | 19,439,300 MNT |
| Finance Specialist | Accounting and Finance | 28,200,200 MNT |
| Finance Team Leader | Accounting and Finance | 37,800,500 MNT |
| Financial Accountant | Accounting and Finance | 16,439,200 MNT |
| Financial Actuary | Accounting and Finance | 25,321,400 MNT |
| Financial Administrator | Accounting and Finance | 27,479,000 MNT |
| Financial Advisor | Accounting and Finance | 29,161,000 MNT |
| Financial Analyst | Accounting and Finance | 30,119,100 MNT |
| Financial Applications Specialist | Accounting and Finance | 21,478,100 MNT |
| Financial Assistant | Accounting and Finance | 13,079,500 MNT |
| Financial Associate | Accounting and Finance | 12,958,200 MNT |
| Financial Associate | Accounting and Finance | 16,079,800 MNT |
| Financial Claims Analyst | Accounting and Finance | 22,799,000 MNT |
| Financial Claims Manager | Accounting and Finance | 28,560,900 MNT |
| Financial Claims Supervisor | Accounting and Finance | 27,721,300 MNT |
| Financial Clerk | Accounting and Finance | 12,239,700 MNT |
| Financial Commercial Analyst | Accounting and Finance | 23,040,200 MNT |
| Financial Compliance Analyst | Accounting and Finance | 26,158,200 MNT |
| Financial Consultant | Accounting and Finance | 21,719,900 MNT |
| Financial Controller | Accounting and Finance | 26,520,600 MNT |
| Financial Controller | Accounting and Finance | 26,880,900 MNT |
| Financial Coordinator | Accounting and Finance | 15,838,200 MNT |
| Financial Customer Service Manager | Accounting and Finance | 30,479,000 MNT |
| Financial Dealer and Broker | Accounting and Finance | 17,278,100 MNT |
| Financial Director | Accounting and Finance | 46,800,400 MNT |
| Financial Encoder | Accounting and Finance | 13,919,600 MNT |
| Financial Manager | Accounting and Finance | 44,040,700 MNT |
| Financial Operations Manager | Accounting and Finance | 41,040,700 MNT |
| Financial Policy Analyst | Accounting and Finance | 24,478,500 MNT |
| Financial Project Manager | Accounting and Finance | 35,398,900 MNT |
| Financial Quantitative Analyst | Accounting and Finance | 28,801,400 MNT |
| Financial Reporting Consultant | Accounting and Finance | 24,000,900 MNT |
| Financial Reporting Manager | Accounting and Finance | 30,240,200 MNT |
| Financial Section Head | Accounting and Finance | 31,678,800 MNT |
| Financial Services Manager | Accounting and Finance | 41,878,100 MNT |
| Financial Services Sales Agent | Accounting and Finance | 18,239,400 MNT |
| Fixed Assets Administrator | Accounting and Finance | 16,799,900 MNT |
| Forensic Accountant | Accounting and Finance | 19,921,600 MNT |
| Fraud Detection Supervisor | Accounting and Finance | 19,439,300 MNT |
| Fraud Prevention Manager | Accounting and Finance | 33,599,200 MNT |
| Fund Accountant | Accounting and Finance | 16,439,200 MNT |
| Grants Coordinator | Accounting and Finance | 11,878,500 MNT |
| Group Financial Manager | Accounting and Finance | 45,839,700 MNT |
| Internal Auditor | Accounting and Finance | 22,918,100 MNT |
| Internal Control Adviser | Accounting and Finance | 24,841,800 MNT |
| Internal Control Officer | Accounting and Finance | 14,400,800 MNT |
| International Tax Director | Accounting and Finance | 38,760,100 MNT |
| Inventory Accountant | Accounting and Finance | 17,159,700 MNT |
| Investment Advisor | Accounting and Finance | 43,438,200 MNT |
| Investment Analyst | Accounting and Finance | 33,481,400 MNT |
| Investment Associate | Accounting and Finance | 27,721,300 MNT |
| Investment Broker | Accounting and Finance | 26,880,900 MNT |
| Investment Fund Manager | Accounting and Finance | 38,521,100 MNT |
| Investment Operations Manager | Accounting and Finance | 37,318,700 MNT |
| Investment Underwriter | Accounting and Finance | 13,919,600 MNT |
| Investor | Accounting and Finance | 20,518,900 MNT |
| Investor Relations Manager | Accounting and Finance | 33,360,800 MNT |
| KYC Team Leader | Accounting and Finance | 32,161,000 MNT |
| Loan Processor | Accounting and Finance | 13,561,900 MNT |
| Management Accountant | Accounting and Finance | 18,720,200 MNT |
| Management Economist | Accounting and Finance | 38,641,600 MNT |
| Paymaster | Accounting and Finance | 12,841,200 MNT |
| Payroll Administrator | Accounting and Finance | 21,478,100 MNT |
| Payroll Benefits Coordinator | Accounting and Finance | 18,121,700 MNT |
| Payroll Billing Manager | Accounting and Finance | 31,201,500 MNT |
| Payroll Clerk | Accounting and Finance | 14,760,200 MNT |
| Payroll Manager | Accounting and Finance | 29,278,200 MNT |
| Payroll Officer | Accounting and Finance | 14,038,300 MNT |
| Payroll Specialist | Accounting and Finance | 17,519,700 MNT |
| Payroll Supervisor | Accounting and Finance | 21,361,700 MNT |
| Pensions Administrator | Accounting and Finance | 17,519,700 MNT |
| Personal Financial Advisor | Accounting and Finance | 24,000,900 MNT |
| Pricing Analyst | Accounting and Finance | 26,520,600 MNT |
| Private Equity Analyst | Accounting and Finance | 30,721,900 MNT |
| Project Accountant | Accounting and Finance | 17,640,500 MNT |
| Proposal Development Coordinator | Accounting and Finance | 14,760,200 MNT |
| Receivables Accountant | Accounting and Finance | 14,639,900 MNT |
| Regulatory Accountant | Accounting and Finance | 18,239,400 MNT |
| Retirement Plan Analyst | Accounting and Finance | 25,079,200 MNT |
| Revenue Management Specialist | Accounting and Finance | 27,361,200 MNT |
| Revenue Recognition Analyst | Accounting and Finance | 31,081,900 MNT |
| Risk Management Director | Accounting and Finance | 39,119,300 MNT |
| Risk Management Supervisor | Accounting and Finance | 33,599,200 MNT |
| Staff Accountant | Accounting and Finance | 15,838,200 MNT |
| Tax Accountant | Accounting and Finance | 15,360,400 MNT |
| Tax Administrator | Accounting and Finance | 18,598,500 MNT |
| Tax Advisor | Accounting and Finance | 24,841,800 MNT |
| Tax Analyst | Accounting and Finance | 25,919,400 MNT |
| Tax Associate | Accounting and Finance | 14,400,800 MNT |
| Tax Consultant | Accounting and Finance | 25,440,400 MNT |
| Tax Director | Accounting and Finance | 38,641,600 MNT |
| Tax Examiner | Accounting and Finance | 17,159,700 MNT |
| Tax Manager | Accounting and Finance | 32,758,100 MNT |
| Tax Research Manager | Accounting and Finance | 34,198,600 MNT |
| Teller | Accounting and Finance | 9,409,200 MNT |
| Treasury Accountant | Accounting and Finance | 17,278,100 MNT |
| Treasury Analyst | Accounting and Finance | 26,399,200 MNT |
| Underwriter | Accounting and Finance | 11,998,600 MNT |
| Underwriting Assistant | Accounting and Finance | 10,691,100 MNT |
| Vice President of Finance | Accounting and Finance | 43,198,900 MNT |
Salary Comparison by City
If you want to compare salaries with different cities in Mongolia, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Ulan Bator | 33,001,000 MNT |
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