Average Investment Banking Analyst Salary in Albania for 2024

In this article, we will look at the average Investment Banking Analyst salary for 2024 in Albania 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 Albanian lek. To keep things simple, we are using the ALL currency code instead of the currency symbol L.

How Much Does an Investment Banking Analyst Make in Albania?

An Investment Banking Analyst working in Albania will typically earn around 1,858,200 ALL per year, and this can range from the lowest average salary of about 970,600 ALL to the highest average salary of 2,854,700 ALL.

Average Annual Salary
1,858,200 ALL
Average Monthly Salary
154,850 ALL

Lowest Annual Salary
970,600 ALL
Lowest Monthly Salary
80,883 ALL

Highest Annual Salary
2,854,700 ALL
Highest Monthly Salary
237,891 ALL

These are average salaries for an Investment Banking Analyst in Albania and include benefits such as housing and transport. It's also possible for an Investment Banking Analyst to earn more or less than the average salaries shown above.

Investment Banking 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 Investment Banking Analyst Salaries in Albania

So we've looked at the average salaries an Investment Banking Analyst will earn in Albania. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Investment Banking Analyst can earn between 970,600 ALL and 2,854,700 ALL on average in Albania. 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 an Investment Banking Analyst in Albania is 1,788,300 ALL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,788,300 ALL, and 50% of the population earn more than 1,788,300 ALL.

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 Investment Banking Analyst salary in Albania, 25% of the population are earning less than 1,235,600 ALL while 75% of the population earn more than 1,235,600 ALL.

75% of the population earn less than 2,230,100 ALL, and 25% of the population earn more than 2,230,100 ALL.

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.

Investment Banking Analyst Salary by Experience Level in Albania

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 investment banking 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. An Investment Banking Analyst in Albania that has less than two years of experience can expect to earn somewhere in the region of 1,102,900 ALL.
  • 2 - 5 Years Experience. With two to five years of experience the average Investment Banking Analyst salary would increase to 1,476,700 ALL.
  • 5 - 10 Years Experience. From five to ten years of experience as an Investment Banking Analyst, the average salary would be 1,921,500 ALL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,327,100 ALL.
  • 15 - 20 Years Experience. An Investment Banking Analyst with 15 to 20 years of experience can earn an average of 2,543,000 ALL.
  • 20+ Years Experience. For an Investment Banking Analyst with more than 20 years, the expected average salary increases to 2,676,200 ALL.

Average Salary by Experience Chart

0-2 Years
1,102,900 ALL
2-5 Years +34%
1,476,700 ALL
5-10 Years +30%
1,921,500 ALL
10-15 Years +21%
2,327,100 ALL
15-20 Years +9%
2,543,000 ALL
20+ Years +5%
2,676,200 ALL

Investment Banking Analyst Salary by Education Level in Albania

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 an Investment Banking Analyst in Albania based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Investment Banking Analyst in Albania with a bachelor's degree education can earn an average salary of 1,547,500 ALL.

  • Master's Degree. An Investment Banking Analyst in Albania with a master's degree education can earn an average salary of 2,161,200 ALL.

Average Salary by Education Chart

Bachelor's Degree
1,547,500 ALL
Master's Degree +39%
2,161,200 ALL

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 Albania is around 480,000 to 1,440,000 ALL 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.

Investment Banking 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 Albania, a male investment banking analyst will earn an average of 1,942,700 ALL, while a female investment banking analyst will earn around 1,811,000 ALL.

This means that a male investment banking analyst earns approximately 7% more than a female investment banking analyst for performing the same job.

Average Salary by Gender Chart in Albania

Male
1,942,700 ALL
Female -7%
1,811,000 ALL

Investment Banking Analyst Average Pay Raise in Albania

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 an Investment Banking Analyst in Albania is around 8% every 29 months.

The national average pay raise across all professions and industries in Albania 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 an Investment Banking Analyst in Albania can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Albania for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Albania.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Investment Banking Analyst Bonus and Incentive Rates in Albania

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.

An Investment Banking Analyst is a moderate bonus based job, with 62% of employees reporting at least one bonus in the last 12 months.

38% 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 6% to 8%.

Received Bonus
62%
No Bonus
38%

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 Albania earn approximately 14% more than private sector employees in the same role.

Public Sector
1,249,900 ALL
Private Sector -14%
1,097,500 ALL

Salaries for Jobs Similar to an Investment Banking Analyst

In the table below, we have salary information for jobs that are similar to an Investment Banking Analyst in Albania.

Job Title Category Salary
AML Analyst Banking 1,896,700 ALL
Assistant Bank Branch Manager Banking 1,655,500 ALL
Assistant Bank Manager Banking 2,146,100 ALL
ATM Manager Banking 1,811,000 ALL
ATM Service Technician Banking 502,200 ALL
Bank Accounts Analyst Banking 727,400 ALL
Bank Accounts Collector Banking 442,300 ALL
Bank Accounts Controller Banking 917,200 ALL
Bank Accounts Executive Banking 1,357,900 ALL
Bank Accounts Manager Banking 1,583,700 ALL
Bank Auditing Manager Banking 1,621,400 ALL
Bank Branch Manager Banking 2,242,500 ALL
Bank Branch Operations Coordinator Banking 974,600 ALL
Bank Clerk Banking 398,300 ALL
Bank Client Service Associate Banking 576,500 ALL
Bank Collector Banking 445,100 ALL
Bank Compliance Specialist Banking 1,094,000 ALL
Bank Manager Banking 2,411,500 ALL
Bank Operational Risk Manager Banking 2,579,200 ALL
Bank Operations Head Banking 2,447,200 ALL
Bank Operations Officer Banking 991,100 ALL
Bank Operations Specialist Banking 1,510,400 ALL
Bank Process Manager Banking 1,440,700 ALL
Bank Product Manager Banking 1,560,800 ALL
Bank Programme Manager Banking 1,800,200 ALL
Bank Project Manager Banking 2,086,500 ALL
Bank Propositions Manager Banking 1,751,700 ALL
Bank Quantitative Analyst Banking 1,259,300 ALL
Bank Regional Manager Banking 2,688,800 ALL
Bank Regional Risk Officer Banking 1,283,600 ALL
Bank Relationship Manager Banking 1,980,600 ALL
Bank Relationship Officer Banking 864,900 ALL
Bank Teller Banking 430,000 ALL
Banker Banking 939,600 ALL
Banking Business Analyst Banking 1,345,400 ALL
Banking Business Development Officer Banking 790,300 ALL
Banking Business Planning Executive Banking 1,846,200 ALL
Banking Product Manager Banking 1,693,600 ALL
Banking Reference Data Manager Banking 1,476,700 ALL
Banking Risk Analyst Banking 1,333,900 ALL
Banking Technical Analyst Banking 683,800 ALL
Bankruptcy Coordinator Banking 902,100 ALL
Bill and Account Collector Banking 487,600 ALL
Budget Analyst Banking 1,369,700 ALL
Capital Risk Manager Banking 2,566,100 ALL
Cards Marketing Manager Banking 1,716,600 ALL
Cash Management Manager Banking 2,207,600 ALL
Check Processing Manager Banking 1,645,600 ALL
Commercial Vault Associate Banking 1,306,100 ALL
Corporate Banker Banking 913,400 ALL
Corporate Dealer Banking 1,357,900 ALL
Credit Analyst Banking 995,000 ALL
Credit and Collections Manager Banking 1,728,900 ALL
Credit Card Fraud Investigator Banking 1,333,900 ALL
Credit Portfolio Manager Banking 2,566,100 ALL
Credit Risk Analyst Banking 1,464,200 ALL
Credit Risk Associate Banking 1,440,700 ALL
Direct Bank Sales Representative Banking 913,400 ALL
Exchange Control Consultant Banking 1,417,600 ALL
Executive Account Analyst Banking 1,357,900 ALL
Financial Bank Planning Consultant Banking 1,632,100 ALL
Financial Banking Analysis Manager Banking 1,908,800 ALL
Financial Banking Assistant Banking 619,800 ALL
Financial Banking Systems Manager Banking 1,777,700 ALL
Foreign Exchange Manager Banking 1,908,800 ALL
Fraud Analyst Banking 1,464,200 ALL
Fraud Detection Associate Banking 948,300 ALL
Fraud Detection Manager Banking 1,980,600 ALL
Fraud Detection Supervisor Banking 1,148,200 ALL
Internal Bank Audit Manager Banking 2,411,500 ALL
Internal Bank Auditor Banking 1,283,600 ALL
Internal Private Banker Banking 917,700 ALL
International Banking Manager Banking 2,724,700 ALL
Loan Analyst Banking 1,333,900 ALL
Loan Area Manager Banking 1,632,100 ALL
Loan Audit Team Leader Banking 1,537,500 ALL
Loan Branch Manager Banking 1,524,300 ALL
Loan Business Development Officer Banking 821,500 ALL
Loan Clerk Banking 483,400 ALL
Loan Collection and Recovery Manager Banking 1,645,600 ALL
Loan Collection Manager Banking 1,632,100 ALL
Loan Collector Banking 447,700 ALL
Loan Examiner Banking 598,600 ALL
Loan Officer Banking 513,300 ALL
Loan Processing Manager Banking 1,487,200 ALL
Loan Processor Banking 623,200 ALL
Loan Quality Assurance Auditor Banking 1,273,300 ALL
Loan Quality Assurance Manager Banking 1,417,600 ALL
Loan Quality Assurance Representative Banking 948,900 ALL
Loan Review Manager Banking 1,440,700 ALL
Loan Team Leader Banking 1,283,600 ALL
Loans Manager Banking 1,825,000 ALL
Mortgage Advisor Banking 885,000 ALL
Mortgage Collection Manager Banking 1,500,800 ALL
Mortgage Collector Banking 421,400 ALL
Mortgage Credit Analyst Banking 684,900 ALL
Mortgage Credit Manager Banking 1,440,700 ALL
Mortgage Development Manager Banking 1,655,500 ALL
Mortgage Document Reviewer Banking 565,100 ALL
Mortgage Funding Manager Banking 1,693,600 ALL
Mortgage Operations Manager Banking 2,290,300 ALL
Mortgage Payment Processing Clerk Banking 504,500 ALL
Mortgage Processing Manager Banking 1,500,800 ALL
Mortgage Processor Banking 590,200 ALL
Mortgage Quality Assurance Auditor Banking 1,320,500 ALL
Mortgage Quality Assurance Manager Banking 1,510,400 ALL
Mortgage Servicing Clerk Banking 457,300 ALL
Mortgage Servicing Manager Banking 1,450,700 ALL
Mortgage Underwriter Banking 565,100 ALL
Online Banking Manager Banking 2,327,100 ALL
Payment Processing Clerk Banking 475,700 ALL
Personal Banker Banking 999,500 ALL
Personal Banking Advisor Banking 948,300 ALL
Phone Banker Banking 637,500 ALL
Private Banker Banking 971,200 ALL
Reconciliation and Investigation Specialist Banking 1,097,500 ALL
Tax Officer Banking 816,900 ALL
Teller Banking 464,400 ALL
Trade Officer Banking 541,700 ALL
Trade Product Manager Banking 1,560,800 ALL
Trader Banking 656,800 ALL
Treasury Operations Officer Banking 1,113,100 ALL

Salary Comparison by City

If you want to compare salaries with different cities in Albania, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Berat 1,788,300 ALL
Durres 2,026,800 ALL
Elbasan 1,967,000 ALL
Fier 1,908,800 ALL
Gjirokaster 1,811,000 ALL
Korca 1,908,800 ALL
Lezhe 1,645,600 ALL
Sarande 1,811,000 ALL
Shkodra 2,026,800 ALL
Tirana 2,026,800 ALL
Vlore 2,124,400 ALL

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