Average Investment Fund Manager Salary in Gonder, Ethiopia for 2026
In this article, we will look at the average Investment Fund Manager salary for 2026 in Gonder 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 Ethiopian birr. To keep things simple, we are using the ETB currency code instead of the currency symbol Br.
How Much Does an Investment Fund Manager Make in Gonder?
An Investment Fund Manager working in Gonder will typically earn around 159,400 ETB per year, and this can range from the lowest average salary of about 75,040 ETB to the highest average salary of 252,300 ETB.
These are average salaries for an Investment Fund Manager in Gonder and include benefits such as housing and transport. It's also possible for an Investment Fund Manager to earn more or less than the average salaries shown above.
Investment Fund Manager 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 Fund Manager Salaries in Gonder
So we've looked at the average salaries an Investment Fund Manager will earn in Gonder. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that an Investment Fund Manager can earn between 75,040 ETB and 252,300 ETB on average in Gonder. 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 Fund Manager in Gonder is 172,400 ETB. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 172,400 ETB, and 50% of the population earn more than 172,400 ETB.
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 Fund Manager salary in Gonder, 25% of the population are earning less than 111,240 ETB while 75% of the population earn more than 111,240 ETB.
75% of the population earn less than 231,000 ETB, and 25% of the population earn more than 231,000 ETB.
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 Fund Manager Salary by Experience Level in Gonder
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 Fund Manager 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 Fund Manager in Gonder that has less than two years of experience can expect to earn somewhere in the region of 84,780 ETB.
- 2 - 5 Years Experience. With two to five years of experience the average Investment Fund Manager salary would increase to 109,340 ETB.
- 5 - 10 Years Experience. From five to ten years of experience as an Investment Fund Manager, the average salary would be 163,800 ETB.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 200,000 ETB.
- 15 - 20 Years Experience. An Investment Fund Manager with 15 to 20 years of experience can earn an average of 217,900 ETB.
- 20+ Years Experience. For an Investment Fund Manager with more than 20 years, the expected average salary increases to 237,400 ETB.
Average Salary by Experience Chart
| 0-2 Years | - | 84,780 ETB |
| 2-5 Years | +34% | 109,340 ETB |
| 5-10 Years | +48% | 163,800 ETB |
| 10-15 Years | +22% | 200,000 ETB |
| 15-20 Years | +9% | 217,900 ETB |
| 20+ Years | +8% | 237,400 ETB |
Investment Fund Manager Salary by Education Level in Gonder
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 Fund Manager in Gonder based on the education level of the employees in order to find out whether a better education level would increase your salary.
- Certificate or Diploma. An Investment Fund Manager in Gonder with a certificate or diploma education can earn an average salary of 96,540 ETB.
- Bachelor's Degree. An Investment Fund Manager in Gonder with a bachelor's degree education can earn an average salary of 150,000 ETB.
- Master's Degree. An Investment Fund Manager in Gonder with a master's degree education can earn an average salary of 251,500 ETB.
Average Salary by Education Chart
| Certificate or Diploma | - | 96,540 ETB |
| Bachelor's Degree | +57% | 150,000 ETB |
| Master's Degree | +68% | 251,500 ETB |
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 Ethiopia is around 44,500 to 133,000 ETB 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 Fund Manager 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 Gonder, a male investment fund manager will earn an average of 183,700 ETB, while a female investment fund manager will earn around 154,700 ETB.
This means that a male investment fund manager earns approximately 19% more than a female investment fund manager for performing the same job.
Average Salary by Gender Chart in Gonder
| Male | - | 183,700 ETB |
| Female | -19% | 154,700 ETB |
Investment Fund Manager Average Pay Raise in Gonder
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 Fund Manager in Gonder is around 8% every 29 months.
The national average pay raise across all professions and industries in Ethiopia 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 Fund Manager in Gonder can expect to receive an average pay raise of around 3% every 12 months.
Annual Pay Raise by Industry in Gonder for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Ethiopia.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 6% |
| Energy | - | 3% |
| Information Technology | - | 9% |
| Healthcare | - | 6% |
| Travel | - | 3% |
| Construction | - | 9% |
| Education | - | 6% |
Investment Fund Manager Bonus and Incentive Rates in Gonder
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 Fund Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.
33% 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 5% to 9%.
| Received Bonus | - | 67% |
| No Bonus | - | 33% |
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 Ethiopia earn approximately 15% more than private sector employees in the same role.
| Public Sector | - | 113,780 ETB |
| Private Sector | -15% | 99,080 ETB |
Salaries for Jobs Similar to an Investment Fund Manager
In the table below, we have salary information for jobs that are similar to an Investment Fund Manager in Gonder.
| Job Title | Category | Salary |
|---|---|---|
| Account Examiner | Accounting and Finance | 50,620 ETB |
| Account Executive | Accounting and Finance | 91,580 ETB |
| Accountant | Accounting and Finance | 72,700 ETB |
| Accounting Analyst | Accounting and Finance | 91,660 ETB |
| Accounting Assistant | Accounting and Finance | 56,880 ETB |
| Accounting Associate | Accounting and Finance | 55,020 ETB |
| Accounting Clerk | Accounting and Finance | 45,600 ETB |
| Accounting Coordinator | Accounting and Finance | 62,460 ETB |
| Accounting Head | Accounting and Finance | 142,300 ETB |
| Accounting Manager | Accounting and Finance | 159,100 ETB |
| Accounting Officer | Accounting and Finance | 53,320 ETB |
| Accounting Specialist | Accounting and Finance | 98,140 ETB |
| Accounting Supervisor | Accounting and Finance | 99,280 ETB |
| Accounting Technician | Accounting and Finance | 52,380 ETB |
| Accounting Unit Controller | Accounting and Finance | 125,100 ETB |
| Accounts Executive | Accounting and Finance | 91,520 ETB |
| Accounts Officer | Accounting and Finance | 61,400 ETB |
| Accounts Payable Assistant | Accounting and Finance | 57,080 ETB |
| Accounts Payable Associate | Accounting and Finance | 66,120 ETB |
| Accounts Payable Clerk | Accounting and Finance | 54,180 ETB |
| Accounts Payable Manager | Accounting and Finance | 138,200 ETB |
| Accounts Payable and Receivable Specialist | Accounting and Finance | 74,620 ETB |
| Accounts Receivable Administrator | Accounting and Finance | 106,440 ETB |
| Accounts Receivable Clerk | Accounting and Finance | 55,840 ETB |
| Accounts Receivable Financial Analyst | Accounting and Finance | 99,920 ETB |
| Accounts Receivable Manager | Accounting and Finance | 142,300 ETB |
| Accounts Receivable Team Leader | Accounting and Finance | 105,800 ETB |
| Assistant Accountant | Accounting and Finance | 57,320 ETB |
| Assistant Accounting Manager | Accounting and Finance | 142,300 ETB |
| Assistant Auditor | Accounting and Finance | 68,320 ETB |
| Assistant Corporate Controller | Accounting and Finance | 94,380 ETB |
| Assistant Finance Manager | Accounting and Finance | 159,100 ETB |
| Assistant Financial Controller | Accounting and Finance | 97,300 ETB |
| Audit Director | Accounting and Finance | 172,200 ETB |
| Audit Supervisor | Accounting and Finance | 138,200 ETB |
| Auditing Clerk | Accounting and Finance | 61,400 ETB |
| Auditing Manager | Accounting and Finance | 154,700 ETB |
| Billing Clerk | Accounting and Finance | 54,560 ETB |
| Billing Coordinator | Accounting and Finance | 65,940 ETB |
| Billing Specialist | Accounting and Finance | 77,340 ETB |
| Billing Supervisor | Accounting and Finance | 113,740 ETB |
| Bookkeeper | Accounting and Finance | 47,400 ETB |
| Bookkeeping Specialist | Accounting and Finance | 70,880 ETB |
| Budget Analyst | Accounting and Finance | 119,900 ETB |
| Budget Manager | Accounting and Finance | 157,600 ETB |
| Business Support Analyst | Accounting and Finance | 78,620 ETB |
| Capital Markets Associate | Accounting and Finance | 115,560 ETB |
| Cash Flow Analyst | Accounting and Finance | 111,240 ETB |
| Cash Management Manager | Accounting and Finance | 138,800 ETB |
| Cash Management Officer | Accounting and Finance | 88,260 ETB |
| Cashbook Clerk | Accounting and Finance | 51,400 ETB |
| Chartered Accountant | Accounting and Finance | 92,680 ETB |
| Chief Accountant | Accounting and Finance | 110,380 ETB |
| Collections Clerk | Accounting and Finance | 46,720 ETB |
| Collections Representative | Accounting and Finance | 64,200 ETB |
| Collections Specialist | Accounting and Finance | 72,360 ETB |
| Corporate Controller | Accounting and Finance | 112,000 ETB |
| Corporate Treasurer | Accounting and Finance | 134,600 ETB |
| Cost Accountant | Accounting and Finance | 75,260 ETB |
| Cost Accounting Manager | Accounting and Finance | 150,000 ETB |
| Cost Accounting Supervisor | Accounting and Finance | 125,100 ETB |
| Cost Analyst | Accounting and Finance | 116,180 ETB |
| Credit Controller | Accounting and Finance | 100,140 ETB |
| Credit Manager | Accounting and Finance | 158,700 ETB |
| Credit and Collection Manager | Accounting and Finance | 152,100 ETB |
| Credit and Collection Staff | Accounting and Finance | 57,800 ETB |
| Credit and Loans Officer | Accounting and Finance | 52,460 ETB |
| Debt Adviser | Accounting and Finance | 117,440 ETB |
| Debt Collector | Accounting and Finance | 62,100 ETB |
| Debtors Clerk | Accounting and Finance | 53,120 ETB |
| Debtors Controller | Accounting and Finance | 53,320 ETB |
| Deputy CFO | Accounting and Finance | 194,600 ETB |
| Deputy Head of Finance | Accounting and Finance | 204,700 ETB |
| Derivative Trader | Accounting and Finance | 125,100 ETB |
| Director of Finance | Accounting and Finance | 217,900 ETB |
| Economist | Accounting and Finance | 172,400 ETB |
| Equity Analyst | Accounting and Finance | 124,400 ETB |
| Escrow Assistant | Accounting and Finance | 66,580 ETB |
| Executive Accountant | Accounting and Finance | 83,900 ETB |
| External Auditor | Accounting and Finance | 103,200 ETB |
| Finance Administrator | Accounting and Finance | 85,700 ETB |
| Finance Analyst | Accounting and Finance | 137,400 ETB |
| Finance Associate | Accounting and Finance | 61,580 ETB |
| Finance Director | Accounting and Finance | 207,800 ETB |
| Finance Executive | Accounting and Finance | 152,300 ETB |
| Finance Licensing Clerk | Accounting and Finance | 57,360 ETB |
| Finance Licensing Manager | Accounting and Finance | 143,200 ETB |
| Finance Licensing Specialist | Accounting and Finance | 78,160 ETB |
| Finance Manager | Accounting and Finance | 209,700 ETB |
| Finance Officer | Accounting and Finance | 70,700 ETB |
| Finance President | Accounting and Finance | 212,500 ETB |
| Finance Relationship Manager | Accounting and Finance | 176,800 ETB |
| Finance Release Analyst | Accounting and Finance | 82,720 ETB |
| Finance Specialist | Accounting and Finance | 119,700 ETB |
| Finance Team Leader | Accounting and Finance | 158,700 ETB |
| Financial Accountant | Accounting and Finance | 75,040 ETB |
| Financial Actuary | Accounting and Finance | 106,980 ETB |
| Financial Administrator | Accounting and Finance | 125,700 ETB |
| Financial Advisor | Accounting and Finance | 129,000 ETB |
| Financial Analyst | Accounting and Finance | 138,200 ETB |
| Financial Applications Specialist | Accounting and Finance | 88,480 ETB |
| Financial Assistant | Accounting and Finance | 62,060 ETB |
| Financial Associate | Accounting and Finance | 60,400 ETB |
| Financial Associate | Accounting and Finance | 72,420 ETB |
| Financial Claims Analyst | Accounting and Finance | 96,680 ETB |
| Financial Claims Manager | Accounting and Finance | 137,400 ETB |
| Financial Claims Supervisor | Accounting and Finance | 125,100 ETB |
| Financial Clerk | Accounting and Finance | 54,280 ETB |
| Financial Commercial Analyst | Accounting and Finance | 107,380 ETB |
| Financial Compliance Analyst | Accounting and Finance | 125,100 ETB |
| Financial Consultant | Accounting and Finance | 97,260 ETB |
| Financial Controller | Accounting and Finance | 115,520 ETB |
| Financial Controller | Accounting and Finance | 119,560 ETB |
| Financial Coordinator | Accounting and Finance | 66,580 ETB |
| Financial Customer Service Manager | Accounting and Finance | 134,600 ETB |
| Financial Dealer and Broker | Accounting and Finance | 79,360 ETB |
| Financial Director | Accounting and Finance | 210,500 ETB |
| Financial Encoder | Accounting and Finance | 61,620 ETB |
| Financial Manager | Accounting and Finance | 196,800 ETB |
| Financial Manager | Accounting and Finance | 210,500 ETB |
| Financial Operations Manager | Accounting and Finance | 194,600 ETB |
| Financial Policy Analyst | Accounting and Finance | 118,260 ETB |
| Financial Project Manager | Accounting and Finance | 154,700 ETB |
| Financial Quantitative Analyst | Accounting and Finance | 119,900 ETB |
| Financial Reporting Consultant | Accounting and Finance | 111,240 ETB |
| Financial Reporting Manager | Accounting and Finance | 146,200 ETB |
| Financial Section Head | Accounting and Finance | 136,200 ETB |
| Financial Services Manager | Accounting and Finance | 187,300 ETB |
| Financial Services Sales Agent | Accounting and Finance | 83,020 ETB |
| Fixed Assets Administrator | Accounting and Finance | 77,860 ETB |
| Forensic Accountant | Accounting and Finance | 87,760 ETB |
| Fraud Detection Supervisor | Accounting and Finance | 88,240 ETB |
| Fraud Prevention Manager | Accounting and Finance | 154,700 ETB |
| Fund Accountant | Accounting and Finance | 71,020 ETB |
| Grants Coordinator | Accounting and Finance | 57,900 ETB |
| Group Financial Manager | Accounting and Finance | 215,100 ETB |
| Internal Auditor | Accounting and Finance | 95,620 ETB |
| Internal Control Adviser | Accounting and Finance | 112,460 ETB |
| Internal Control Officer | Accounting and Finance | 64,620 ETB |
| International Tax Director | Accounting and Finance | 180,500 ETB |
| Inventory Accountant | Accounting and Finance | 76,440 ETB |
| Investment Advisor | Accounting and Finance | 192,000 ETB |
| Investment Analyst | Accounting and Finance | 152,100 ETB |
| Investment Associate | Accounting and Finance | 117,440 ETB |
| Investment Broker | Accounting and Finance | 124,400 ETB |
| Investment Operations Manager | Accounting and Finance | 159,500 ETB |
| Investment Underwriter | Accounting and Finance | 64,040 ETB |
| Investor | Accounting and Finance | 97,840 ETB |
| Investor Relations Manager | Accounting and Finance | 148,300 ETB |
| KYC Team Leader | Accounting and Finance | 138,200 ETB |
| Loan Processor | Accounting and Finance | 57,440 ETB |
| Management Accountant | Accounting and Finance | 78,620 ETB |
| Management Economist | Accounting and Finance | 172,200 ETB |
| Paymaster | Accounting and Finance | 61,400 ETB |
| Payroll Administrator | Accounting and Finance | 92,880 ETB |
| Payroll Benefits Coordinator | Accounting and Finance | 81,960 ETB |
| Payroll Billing Manager | Accounting and Finance | 130,400 ETB |
| Payroll Clerk | Accounting and Finance | 64,920 ETB |
| Payroll Manager | Accounting and Finance | 134,600 ETB |
| Payroll Officer | Accounting and Finance | 62,100 ETB |
| Payroll Specialist | Accounting and Finance | 78,160 ETB |
| Payroll Supervisor | Accounting and Finance | 90,900 ETB |
| Pensions Administrator | Accounting and Finance | 79,600 ETB |
| Personal Financial Advisor | Accounting and Finance | 108,340 ETB |
| Pricing Analyst | Accounting and Finance | 119,900 ETB |
| Private Equity Analyst | Accounting and Finance | 127,700 ETB |
| Project Accountant | Accounting and Finance | 77,640 ETB |
| Proposal Development Coordinator | Accounting and Finance | 64,920 ETB |
| Receivables Accountant | Accounting and Finance | 69,240 ETB |
| Regulatory Accountant | Accounting and Finance | 82,520 ETB |
| Retirement Plan Analyst | Accounting and Finance | 112,000 ETB |
| Revenue Management Specialist | Accounting and Finance | 127,700 ETB |
| Revenue Recognition Analyst | Accounting and Finance | 130,400 ETB |
| Risk Management Director | Accounting and Finance | 183,600 ETB |
| Risk Management Supervisor | Accounting and Finance | 148,300 ETB |
| Staff Accountant | Accounting and Finance | 67,300 ETB |
| Tax Accountant | Accounting and Finance | 69,240 ETB |
| Tax Administrator | Accounting and Finance | 80,640 ETB |
| Tax Advisor | Accounting and Finance | 113,220 ETB |
| Tax Analyst | Accounting and Finance | 111,240 ETB |
| Tax Associate | Accounting and Finance | 62,420 ETB |
| Tax Consultant | Accounting and Finance | 123,400 ETB |
| Tax Director | Accounting and Finance | 172,200 ETB |
| Tax Examiner | Accounting and Finance | 74,560 ETB |
| Tax Manager | Accounting and Finance | 148,300 ETB |
| Tax Research Manager | Accounting and Finance | 157,600 ETB |
| Teller | Accounting and Finance | 45,580 ETB |
| Treasury Accountant | Accounting and Finance | 75,980 ETB |
| Treasury Analyst | Accounting and Finance | 119,900 ETB |
| Underwriter | Accounting and Finance | 50,540 ETB |
| Underwriting Assistant | Accounting and Finance | 48,160 ETB |
| Vice President of Finance | Accounting and Finance | 194,600 ETB |
Salary Comparison by City
If you want to compare salaries with different cities in Ethiopia, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Adis Abeba | 181,600 ETB |
| Mekele | 148,300 ETB |
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