Average Investment Fund Manager Salary in Nicaragua for 2024

In this article, we will look at the average Investment Fund Manager salary for 2024 in Nicaragua 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 Nicaraguan córdoba. To keep things simple, we are using the NIO currency code instead of the currency symbol C$.

How Much Does an Investment Fund Manager Make in Nicaragua?

An Investment Fund Manager working in Nicaragua will typically earn around 348,300 NIO per year, and this can range from the lowest average salary of about 159,500 NIO to the highest average salary of 555,800 NIO.

Average Annual Salary
348,300 NIO
Average Monthly Salary
29,025 NIO

Lowest Annual Salary
159,500 NIO
Lowest Monthly Salary
13,291 NIO

Highest Annual Salary
555,800 NIO
Highest Monthly Salary
46,316 NIO

These are average salaries for an Investment Fund Manager in Nicaragua 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 Nicaragua

So we've looked at the average salaries an Investment Fund Manager will earn in Nicaragua. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Investment Fund Manager can earn between 159,500 NIO and 555,800 NIO on average in Nicaragua. 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 Nicaragua is 377,200 NIO. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 377,200 NIO, and 50% of the population earn more than 377,200 NIO.

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 Nicaragua, 25% of the population are earning less than 240,500 NIO while 75% of the population earn more than 240,500 NIO.

75% of the population earn less than 504,400 NIO, and 25% of the population earn more than 504,400 NIO.

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 Nicaragua

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 Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 183,600 NIO.
  • 2 - 5 Years Experience. With two to five years of experience the average Investment Fund Manager salary would increase to 243,000 NIO.
  • 5 - 10 Years Experience. From five to ten years of experience as an Investment Fund Manager, the average salary would be 361,600 NIO.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 437,900 NIO.
  • 15 - 20 Years Experience. An Investment Fund Manager with 15 to 20 years of experience can earn an average of 478,000 NIO.
  • 20+ Years Experience. For an Investment Fund Manager with more than 20 years, the expected average salary increases to 519,300 NIO.

Average Salary by Experience Chart

0-2 Years
183,600 NIO
2-5 Years +34%
243,000 NIO
5-10 Years +48%
361,600 NIO
10-15 Years +22%
437,900 NIO
15-20 Years +9%
478,000 NIO
20+ Years +8%
519,300 NIO

Investment Fund Manager Salary by Education Level in Nicaragua

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 Nicaragua 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 Nicaragua with a certificate or diploma education can earn an average salary of 207,700 NIO.

  • Bachelor's Degree. An Investment Fund Manager in Nicaragua with a bachelor's degree education can earn an average salary of 325,900 NIO.

  • Master's Degree. An Investment Fund Manager in Nicaragua with a master's degree education can earn an average salary of 548,800 NIO.

Average Salary by Education Chart

Certificate or Diploma
207,700 NIO
Bachelor's Degree +57%
325,900 NIO
Master's Degree +68%
548,800 NIO

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 Nicaragua is around 94,700 to 284,000 NIO 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 Nicaragua, a male investment fund manager will earn an average of 372,600 NIO, while a female investment fund manager will earn around 325,600 NIO.

This means that a male investment fund manager earns approximately 14% more than a female investment fund manager for performing the same job.

Average Salary by Gender Chart in Nicaragua

Male
372,600 NIO
Female -14%
325,600 NIO

Investment Fund Manager Average Pay Raise in Nicaragua

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 Nicaragua is around 9% every 29 months.

The national average pay raise across all professions and industries in Nicaragua is around 5% every 28 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 = ( 9 ÷ 29 ) × 12  = 4%

What this means is that an Investment Fund Manager in Nicaragua can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Nicaragua for 2024

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

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 Fund Manager Bonus and Incentive Rates in Nicaragua

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

Public Sector
245,300 NIO
Private Sector -14%
215,100 NIO

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 Nicaragua.

Job Title Category Salary
Account Examiner Accounting and Finance 123,400 NIO
Account Executive Accounting and Finance 201,100 NIO
Accountant Accounting and Finance 159,500 NIO
Accounting Analyst Accounting and Finance 204,700 NIO
Accounting Assistant Accounting and Finance 119,700 NIO
Accounting Associate Accounting and Finance 113,560 NIO
Accounting Clerk Accounting and Finance 96,960 NIO
Accounting Coordinator Accounting and Finance 148,300 NIO
Accounting Head Accounting and Finance 319,600 NIO
Accounting Manager Accounting and Finance 340,000 NIO
Accounting Officer Accounting and Finance 118,260 NIO
Accounting Specialist Accounting and Finance 204,000 NIO
Accounting Supervisor Accounting and Finance 222,300 NIO
Accounting Technician Accounting and Finance 115,560 NIO
Accounting Unit Controller Accounting and Finance 265,000 NIO
Accounts Executive Accounting and Finance 197,600 NIO
Accounts Officer Accounting and Finance 127,700 NIO
Accounts Payable and Receivable Specialist Accounting and Finance 157,600 NIO
Accounts Payable Assistant Accounting and Finance 127,700 NIO
Accounts Payable Associate Accounting and Finance 138,200 NIO
Accounts Payable Clerk Accounting and Finance 112,760 NIO
Accounts Payable Manager Accounting and Finance 318,800 NIO
Accounts Receivable Administrator Accounting and Finance 225,300 NIO
Accounts Receivable Clerk Accounting and Finance 113,700 NIO
Accounts Receivable Financial Analyst Accounting and Finance 225,300 NIO
Accounts Receivable Manager Accounting and Finance 315,900 NIO
Accounts Receivable Team Leader Accounting and Finance 225,300 NIO
Assistant Accountant Accounting and Finance 125,100 NIO
Assistant Accounting Manager Accounting and Finance 296,000 NIO
Assistant Auditor Accounting and Finance 158,700 NIO
Assistant Corporate Controller Accounting and Finance 217,900 NIO
Assistant Finance Manager Accounting and Finance 341,400 NIO
Assistant Financial Controller Accounting and Finance 207,800 NIO
Audit Director Accounting and Finance 344,600 NIO
Audit Supervisor Accounting and Finance 292,000 NIO
Auditing Clerk Accounting and Finance 127,700 NIO
Auditing Manager Accounting and Finance 340,400 NIO
Billing Clerk Accounting and Finance 115,940 NIO
Billing Coordinator Accounting and Finance 150,000 NIO
Billing Specialist Accounting and Finance 172,200 NIO
Billing Supervisor Accounting and Finance 240,500 NIO
Bookkeeper Accounting and Finance 99,340 NIO
Bookkeeping Specialist Accounting and Finance 154,700 NIO
Budget Analyst Accounting and Finance 275,800 NIO
Budget Manager Accounting and Finance 313,700 NIO
Business Support Analyst Accounting and Finance 175,900 NIO
Capital Markets Associate Accounting and Finance 243,000 NIO
Cash Flow Analyst Accounting and Finance 245,300 NIO
Cash Management Manager Accounting and Finance 308,900 NIO
Cash Management Officer Accounting and Finance 189,300 NIO
Cashbook Clerk Accounting and Finance 102,620 NIO
Chartered Accountant Accounting and Finance 200,000 NIO
Chief Accountant Accounting and Finance 243,000 NIO
Collections Clerk Accounting and Finance 95,980 NIO
Collections Representative Accounting and Finance 139,100 NIO
Collections Specialist Accounting and Finance 158,700 NIO
Corporate Controller Accounting and Finance 254,700 NIO
Corporate Treasurer Accounting and Finance 294,300 NIO
Cost Accountant Accounting and Finance 159,100 NIO
Cost Accounting Manager Accounting and Finance 325,800 NIO
Cost Accounting Supervisor Accounting and Finance 263,100 NIO
Cost Analyst Accounting and Finance 247,800 NIO
Credit and Collection Manager Accounting and Finance 307,400 NIO
Credit and Collection Staff Accounting and Finance 115,940 NIO
Credit and Loans Officer Accounting and Finance 117,440 NIO
Credit Controller Accounting and Finance 212,500 NIO
Credit Manager Accounting and Finance 327,300 NIO
Debt Adviser Accounting and Finance 257,700 NIO
Debt Collector Accounting and Finance 134,600 NIO
Debtors Clerk Accounting and Finance 103,260 NIO
Debtors Controller Accounting and Finance 118,260 NIO
Deputy CFO Accounting and Finance 425,100 NIO
Deputy Head of Finance Accounting and Finance 430,000 NIO
Derivative Trader Accounting and Finance 275,500 NIO
Director of Finance Accounting and Finance 475,700 NIO
Economist Accounting and Finance 357,700 NIO
Equity Analyst Accounting and Finance 294,300 NIO
Escrow Assistant Accounting and Finance 136,100 NIO
Executive Accountant Accounting and Finance 172,200 NIO
External Auditor Accounting and Finance 221,500 NIO
Finance Administrator Accounting and Finance 183,600 NIO
Finance Analyst Accounting and Finance 282,300 NIO
Finance Associate Accounting and Finance 142,300 NIO
Finance Director Accounting and Finance 464,900 NIO
Finance Executive Accounting and Finance 332,500 NIO
Finance Licensing Clerk Accounting and Finance 115,080 NIO
Finance Licensing Manager Accounting and Finance 290,800 NIO
Finance Licensing Specialist Accounting and Finance 172,200 NIO
Finance Manager Accounting and Finance 424,300 NIO
Finance Officer Accounting and Finance 146,200 NIO
Finance President Accounting and Finance 485,300 NIO
Finance Relationship Manager Accounting and Finance 362,200 NIO
Finance Release Analyst Accounting and Finance 172,200 NIO
Finance Specialist Accounting and Finance 265,000 NIO
Finance Team Leader Accounting and Finance 367,900 NIO
Financial Accountant Accounting and Finance 158,700 NIO
Financial Actuary Accounting and Finance 251,500 NIO
Financial Administrator Accounting and Finance 268,900 NIO
Financial Advisor Accounting and Finance 275,500 NIO
Financial Analyst Accounting and Finance 279,400 NIO
Financial Applications Specialist Accounting and Finance 190,500 NIO
Financial Assistant Accounting and Finance 129,000 NIO
Financial Associate Accounting and Finance 124,400 NIO
Financial Associate Accounting and Finance 154,700 NIO
Financial Claims Analyst Accounting and Finance 204,700 NIO
Financial Claims Manager Accounting and Finance 282,500 NIO
Financial Claims Supervisor Accounting and Finance 253,400 NIO
Financial Clerk Accounting and Finance 118,200 NIO
Financial Commercial Analyst Accounting and Finance 239,000 NIO
Financial Compliance Analyst Accounting and Finance 257,700 NIO
Financial Consultant Accounting and Finance 209,700 NIO
Financial Controller Accounting and Finance 243,000 NIO
Financial Controller Accounting and Finance 249,600 NIO
Financial Coordinator Accounting and Finance 148,300 NIO
Financial Customer Service Manager Accounting and Finance 275,800 NIO
Financial Dealer and Broker Accounting and Finance 174,000 NIO
Financial Director Accounting and Finance 454,300 NIO
Financial Encoder Accounting and Finance 136,100 NIO
Financial Manager Accounting and Finance 420,100 NIO
Financial Manager Accounting and Finance 462,300 NIO
Financial Operations Manager Accounting and Finance 385,300 NIO
Financial Policy Analyst Accounting and Finance 243,000 NIO
Financial Project Manager Accounting and Finance 335,800 NIO
Financial Quantitative Analyst Accounting and Finance 283,400 NIO
Financial Reporting Consultant Accounting and Finance 232,400 NIO
Financial Reporting Manager Accounting and Finance 301,800 NIO
Financial Section Head Accounting and Finance 314,500 NIO
Financial Services Manager Accounting and Finance 401,300 NIO
Financial Services Sales Agent Accounting and Finance 164,200 NIO
Fixed Assets Administrator Accounting and Finance 158,700 NIO
Forensic Accountant Accounting and Finance 183,600 NIO
Fraud Detection Supervisor Accounting and Finance 195,200 NIO
Fraud Prevention Manager Accounting and Finance 311,700 NIO
Fund Accountant Accounting and Finance 154,700 NIO
Grants Coordinator Accounting and Finance 117,520 NIO
Group Financial Manager Accounting and Finance 453,200 NIO
Internal Auditor Accounting and Finance 222,300 NIO
Internal Control Adviser Accounting and Finance 249,600 NIO
Internal Control Officer Accounting and Finance 134,600 NIO
International Tax Director Accounting and Finance 378,800 NIO
Inventory Accountant Accounting and Finance 158,700 NIO
Investment Advisor Accounting and Finance 413,900 NIO
Investment Analyst Accounting and Finance 322,600 NIO
Investment Associate Accounting and Finance 273,000 NIO
Investment Broker Accounting and Finance 263,100 NIO
Investment Operations Manager Accounting and Finance 369,900 NIO
Investment Underwriter Accounting and Finance 138,800 NIO
Investor Accounting and Finance 205,700 NIO
Investor Relations Manager Accounting and Finance 301,700 NIO
KYC Team Leader Accounting and Finance 301,700 NIO
Loan Processor Accounting and Finance 136,100 NIO
Management Accountant Accounting and Finance 183,700 NIO
Management Economist Accounting and Finance 351,900 NIO
Paymaster Accounting and Finance 130,400 NIO
Payroll Administrator Accounting and Finance 201,100 NIO
Payroll Benefits Coordinator Accounting and Finance 174,000 NIO
Payroll Billing Manager Accounting and Finance 277,400 NIO
Payroll Clerk Accounting and Finance 142,300 NIO
Payroll Manager Accounting and Finance 282,300 NIO
Payroll Officer Accounting and Finance 138,800 NIO
Payroll Specialist Accounting and Finance 159,500 NIO
Payroll Supervisor Accounting and Finance 208,600 NIO
Pensions Administrator Accounting and Finance 159,400 NIO
Personal Financial Advisor Accounting and Finance 245,300 NIO
Pricing Analyst Accounting and Finance 258,400 NIO
Private Equity Analyst Accounting and Finance 268,900 NIO
Project Accountant Accounting and Finance 168,100 NIO
Proposal Development Coordinator Accounting and Finance 136,100 NIO
Receivables Accountant Accounting and Finance 148,300 NIO
Regulatory Accountant Accounting and Finance 169,000 NIO
Retirement Plan Analyst Accounting and Finance 254,700 NIO
Revenue Management Specialist Accounting and Finance 252,300 NIO
Revenue Recognition Analyst Accounting and Finance 292,000 NIO
Risk Management Director Accounting and Finance 363,000 NIO
Risk Management Supervisor Accounting and Finance 318,800 NIO
Staff Accountant Accounting and Finance 157,600 NIO
Tax Accountant Accounting and Finance 151,800 NIO
Tax Administrator Accounting and Finance 175,900 NIO
Tax Advisor Accounting and Finance 239,000 NIO
Tax Analyst Accounting and Finance 231,000 NIO
Tax Associate Accounting and Finance 129,000 NIO
Tax Consultant Accounting and Finance 252,300 NIO
Tax Director Accounting and Finance 351,200 NIO
Tax Examiner Accounting and Finance 172,400 NIO
Tax Manager Accounting and Finance 315,700 NIO
Tax Research Manager Accounting and Finance 332,500 NIO
Teller Accounting and Finance 91,960 NIO
Treasury Accountant Accounting and Finance 164,200 NIO
Treasury Analyst Accounting and Finance 271,300 NIO
Underwriter Accounting and Finance 113,840 NIO
Underwriting Assistant Accounting and Finance 101,120 NIO
Vice President of Finance Accounting and Finance 436,200 NIO

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