Skip to content
worldsalaries .com

Average Investment Banking Analyst Salary in Mexico for 2026

An investment banking analyst in Mexico earns about 638,700 MXN a year. That's 60% above the national average of 398,300 MXN.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Mexico sit around 325,600 MXN a year, while the very top stretches to 978,900 MXN. Everything on this page is in Mexican peso (MXN, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Mexico, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

How much does an investment banking analyst make in Mexico?

Average salary
638,700 MXN
53,225 MXN per month
Lowest reported
325,600 MXN
27,133 MXN per month
Highest reported
978,900 MXN
81,575 MXN per month

A typical investment banking analyst working in Mexico brings home around 53,225 MXN a month before tax. Entry-level pay starts near 325,600 MXN, and the top of the ladder reaches roughly 978,900 MXN for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior investment banking analyst working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.

How investment banking analyst pay ranges in Mexico

A good way to think about salary in Mexico is to look at the distribution rather than the headline average. Half of all investment banking analysts in Mexico earn less than 623,700 MXN a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 428,400 MXN (the 25th percentile), and a quarter clear 785,400 MXN (the 75th percentile). The middle 50% of investment banking analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 325,600 MXN. The highest stretch to 978,900 MXN, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

325,600
Low
623,700
Median
978,900
High
428,400
25th
785,400
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in MXN

Investment banking analyst pay by experience in Mexico

Years of experience is the single biggest lever on pay for an investment banking analyst in Mexico, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical investment banking analyst salary changes as you move through the career ladder.

  • 0-2 Years
    365,400 MXN
  • 2-5 Years
    +30% from previous
    475,700 MXN
  • 5-10 Years
    +40% from previous
    667,400 MXN
  • 10-15 Years
    +20% from previous
    799,300 MXN
  • 15-20 Years
    +9% from previous
    868,400 MXN
  • 20+ Years
    +8% from previous
    938,700 MXN

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 40%. That is the point at which a investment banking analyst typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Investment banking analyst pay by education in Mexico

Education sits alongside experience as one of the biggest factors driving investment banking analyst pay in Mexico. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average investment banking analyst salary in Mexico broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    447,700 MXN
  • Master's Degree
    +78% from previous
    795,700 MXN

Investment banking analyst gender pay gap in Mexico

The gender pay gap is a stubborn feature of almost every labour market, and Mexico is no exception. Male investment banking analysts in Mexico earn an average of 681,900 MXN a year, while female investment banking analysts earn around 595,300 MXN. That works out to a 15% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Investment Banking Analyst gender pay gap

13%

Men earn this much more than women on average in Mexico.

Men 681,900 MXN
Women 595,300 MXN

Pay raises for an investment banking analyst in Mexico

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Mexico sees a raise of about 12% every 18 months, which works out to roughly 8% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Mexico, the national average raise is around 8% every 18 months.

By industry

Industries with the highest pay raises in Mexico:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    2%
  • Construction
  • Education
    1%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Investment banking analyst bonus rates in Mexico

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

80%

80% of investment banking analysts in Mexico reported a bonus of some kind in the past twelve months. That makes an investment banking analyst a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 6% to 8% of base salary. The remaining 20% of investment banking analysts reported no bonus at all over the same period.

Which careers pay bonuses in Mexico

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Investment banking analyst: public vs private sector pay

Public-sector pay in Mexico is about 8% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

8%

Public-sector workers earn this much more than private-sector workers in Mexico on average.

Public sector 415,900 MXN
Private sector 384,200 MXN

Investment banking analyst salary by city in Mexico

Investment banking analyst pay is not even across Mexico. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Mexico City
  • Chihuahua
  • Culiacan
  • Zapopan
  • Naucalpan
  • Leon
  • Nezahualcoyotl
  • Monterrey
  • Tijuana
  • Puebla
LocationTypeAverageMedianRange
Mexico CityCity862,100 MXN844,600 MXN437,900-1,333,900 MXN
ChihuahuaCity832,300 MXN849,200 MXN409,000-1,296,900 MXN
CuliacanCity825,900 MXN874,900 MXN389,200-1,306,100 MXN
ZapopanCity825,900 MXN810,200 MXN420,100-1,273,300 MXN
NaucalpanCity819,000 MXN819,000 MXN411,400-1,273,300 MXN
LeonCity816,900 MXN768,900 MXN431,300-1,249,900 MXN
NezahualcoyotlCity814,100 MXN780,700 MXN420,800-1,249,900 MXN
MonterreyCity805,900 MXN741,500 MXN433,400-1,212,800 MXN
TijuanaCity794,900 MXN844,100 MXN375,200-1,259,300 MXN
PueblaCity794,900 MXN825,900 MXN383,300-1,249,900 MXN
QueretaroCity792,900 MXN858,400 MXN363,000-1,259,300 MXN
SaltilloCity790,600 MXN790,600 MXN394,500-1,224,800 MXN
GuadalajaraCity788,000 MXN802,400 MXN385,300-1,224,800 MXN
HermosilloCity785,400 MXN768,900 MXN399,900-1,212,800 MXN
AcapulcoCity785,400 MXN802,400 MXN384,500-1,224,800 MXN
Ecatepec de MorelosCity785,400 MXN785,400 MXN394,800-1,224,800 MXN
AguascalientesCity778,500 MXN732,400 MXN412,000-1,182,800 MXN
DurangoCity774,200 MXN725,700 MXN409,000-1,175,700 MXN
MoreliaCity772,900 MXN803,400 MXN371,100-1,212,800 MXN
MexicaliCity772,700 MXN743,300 MXN401,300-1,180,700 MXN
Ciudad Lopez MateosCity752,600 MXN812,900 MXN345,700-1,196,300 MXN
TolucaCity752,600 MXN695,200 MXN407,100-1,136,700 MXN
San Luis PotosiCity751,100 MXN810,500 MXN344,600-1,195,600 MXN
MeridaCity747,400 MXN778,900 MXN361,600-1,174,600 MXN
ChimalhuacanCity744,600 MXN732,400 MXN381,800-1,147,600 MXN
CancunCity744,600 MXN713,900 MXN386,400-1,138,300 MXN
Tlalnepantla de BazCity744,600 MXN687,100 MXN403,100-1,125,500 MXN
Tuxtla GutierrezCity741,500 MXN754,900 MXN361,500-1,153,300 MXN
Cuautitlan IzcalliCity741,500 MXN768,900 MXN354,000-1,162,900 MXN
ReynosaCity739,500 MXN739,500 MXN369,900-1,144,400 MXN
GuadalupeCity737,000 MXN781,200 MXN345,700-1,165,400 MXN
San Nicolas de los GarzaCity733,300 MXN778,500 MXN345,100-1,159,900 MXN
TlaquepaqueCity721,600 MXN677,100 MXN383,300-1,092,200 MXN
IrapuatoCity721,600 MXN663,200 MXN389,200-1,088,100 MXN
XicoCity719,100 MXN705,500 MXN367,900-1,108,500 MXN
TorreonCity719,100 MXN660,500 MXN389,200-1,087,500 MXN
VillahermosaCity714,600 MXN672,600 MXN378,300-1,085,600 MXN
Ciudad ApodacaCity707,600 MXN707,600 MXN353,600-1,097,500 MXN
CuernavacaCity707,600 MXN679,200 MXN367,900-1,079,600 MXN
Nuevo LaredoCity707,600 MXN765,100 MXN325,600-1,122,500 MXN
MazatlanCity701,400 MXN743,100 MXN330,700-1,108,500 MXN
XalapaCity701,400 MXN713,900 MXN341,900-1,092,200 MXN
TonalaCity701,400 MXN728,500 MXN335,800-1,099,200 MXN
MatamorosCity695,400 MXN681,900 MXN353,600-1,067,500 MXN
EnsenadaCity687,100 MXN687,100 MXN341,900-1,064,100 MXN
Ciudad ObregonCity687,100 MXN659,200 MXN357,700-1,050,100 MXN
Ciudad Santa CatarinaCity683,800 MXN699,700 MXN335,800-1,067,500 MXN
VeracruzCity681,500 MXN653,200 MXN353,600-1,041,900 MXN
General EscobedoCity681,500 MXN722,100 MXN319,600-1,078,200 MXN
Ciudad VictoriaCity675,100 MXN632,400 MXN357,700-1,023,400 MXN
IxtapalucaCity669,100 MXN722,100 MXN308,900-1,064,100 MXN
CoacalcoCity663,200 MXN608,500 MXN357,700-998,400 MXN
TepicCity663,200 MXN689,900 MXN318,800-1,042,000 MXN
Los MochisCity659,200 MXN659,200 MXN330,700-1,023,000 MXN
CelayaCity658,300 MXN658,300 MXN327,300-1,016,300 MXN
PachucaCity653,200 MXN641,900 MXN332,100-1,007,400 MXN
Ojo de AguaCity649,700 MXN597,800 MXN351,900-983,700 MXN
Soledad de Graciano SanchezCity648,200 MXN659,200 MXN315,900-1,009,600 MXN
Los Reyes la PazCity646,600 MXN633,300 MXN330,700-999,500 MXN
TampicoCity643,800 MXN659,400 MXN313,700-1,004,500 MXN
CampecheCity639,900 MXN664,500 MXN308,900-1,004,400 MXN
MonclovaCity639,100 MXN677,100 MXN301,800-1,006,300 MXN
Villa Nicolas RomeroCity633,100 MXN670,600 MXN296,000-996,600 MXN
UruapanCity633,100 MXN580,600 MXN340,400-953,200 MXN
Gomez PalacioCity633,100 MXN681,500 MXN288,700-1,004,400 MXN
MetepecCity625,000 MXN675,200 MXN286,400-993,600 MXN
TehuacanCity623,700 MXN588,500 MXN330,900-948,900 MXN
CoatzacoalcosCity623,200 MXN597,800 MXN325,800-954,900 MXN
La PazCity612,500 MXN597,800 MXN311,700-939,600 MXN
OaxacaCity606,400 MXN633,100 MXN292,000-954,900 MXN
ChilpancingoCity606,400 MXN642,800 MXN283,700-958,700 MXN
Puerto VallartaCity596,800 MXN596,800 MXN297,000-925,900 MXN
AcunaCity592,200 MXN603,400 MXN288,700-923,000 MXN
NogalesCity588,500 MXN563,000 MXN305,600-899,100 MXN
Poza RicaCity582,700 MXN596,100 MXN283,700-908,200 MXN
San Cristobal de las CasasCity582,700 MXN618,800 MXN275,200-918,600 MXN
ChicoloapanCity581,000 MXN605,700 MXN279,400-913,400 MXN
TapachulaCity575,100 MXN538,600 MXN305,600-875,000 MXN
BuenavistaCity574,200 MXN623,200 MXN265,000-917,700 MXN
San Luis Rio ColoradoCity573,500 MXN528,500 MXN308,300-864,700 MXN
ChetumalCity571,300 MXN535,900 MXN301,700-869,400 MXN
San Pablo de las SalinasCity563,000 MXN538,600 MXN294,700-862,100 MXN
Cholula de RivadabiaCity562,600 MXN519,300 MXN305,600-849,200 MXN
ChalcoCity559,000 MXN572,200 MXN273,000-875,000 MXN
SalamancaCity559,000 MXN580,600 MXN267,100-877,300 MXN
CordobaCity556,000 MXN535,800 MXN290,800-852,900 MXN
Piedras NegrasCity555,800 MXN598,600 MXN254,800-882,400 MXN
JiutepecCity547,800 MXN539,800 MXN281,500-846,500 MXN
Ciudad del CarmenCity545,300 MXN513,300 MXN290,800-829,000 MXN
Ciudad JuarezCity545,300 MXN590,200 MXN249,600-868,400 MXN
ManzanilloCity544,800 MXN544,800 MXN272,800-843,600 MXN
Playa del CarmenCity544,800 MXN520,900 MXN283,400-830,500 MXN
CuautlaCity537,300 MXN537,300 MXN267,100-832,100 MXN
San Juan del RioCity533,100 MXN489,600 MXN288,100-800,200 MXN
Ciudad VallesCity533,000 MXN513,300 MXN275,500-816,000 MXN
ColimaCity524,400 MXN544,800 MXN249,600-819,000 MXN
FresnilloCity524,300 MXN516,100 MXN267,100-810,200 MXN
Boca del RioCity516,100 MXN504,400 MXN263,100-790,600 MXN
OrizabaCity510,300 MXN478,000 MXN271,300-773,400 MXN
ZacatecasCity510,000 MXN538,600 MXN238,900-805,900 MXN
Zamora de HidalgoCity507,300 MXN507,300 MXN252,300-785,400 MXN
San Pedro Garza GarciaCity500,100 MXN539,700 MXN231,000-795,700 MXN
DeliciasCity498,000 MXN528,600 MXN233,900-786,600 MXN
GuaymasCity489,500 MXN451,000 MXN263,900-739,500 MXN
Hidalgo del ParralCity487,600 MXN459,700 MXN257,700-743,300 MXN
IgualaCity483,800 MXN493,000 MXN239,000-754,900 MXN
MinatitlanCity478,100 MXN496,100 MXN227,600-746,600 MXN
NavojoaCity478,000 MXN518,300 MXN218,900-761,400 MXN

Investment Banking Analyst in Mexico: FAQs

  • How much does an investment banking analyst make per month in Mexico?

    An investment banking analyst in Mexico earns about 53,225 MXN a month before tax, based on an annual average of 638,700 MXN.

  • What's the salary range for an investment banking analyst in Mexico?

    Entry-level investment banking analysts in Mexico start near 325,600 MXN. Top-end pay reaches around 978,900 MXN. The middle 50% of earners sit between 428,400 and 785,400 MXN.

  • Is the median investment banking analyst salary in Mexico higher or lower than the average?

    The median is 623,700 MXN, lower than the average of 638,700 MXN. Half of investment banking analysts in Mexico earn below the median, half earn above it.

  • What's the gender pay gap for investment banking analysts in Mexico?

    Men working as an investment banking analyst in Mexico earn around 15% more than women on average (681,900 vs 595,300 MXN a year).

  • Do investment banking analysts in Mexico get bonuses?

    About 80% of investment banking analysts in Mexico reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 8% of base salary.

  • Do investment banking analysts earn more in the public or private sector in Mexico?

    In Mexico, the public sector pays an investment banking analyst about 8% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do investment banking analysts in Mexico get a pay raise?

    An investment banking analyst in Mexico sees a raise of around 12% every 18 months, equivalent to roughly 8% a year.