Salary Comparison

Auditor vs Investment Banker Salary

Investment Bankers earn approximately 150.0% more than Auditors nationally — $200,000 vs $80,000.

Auditor
$80,000
national median annual
Hourly (40 hr × 52 wk)
$38
Biweekly (26 paychecks)
$3,077
Monthly
$6,667
Category
Finance
Investment Banker
$200,000
national median annual
Hourly (40 hr × 52 wk)
$96
Biweekly (26 paychecks)
$7,692
Monthly
$16,667
Category
Finance
Difference
Annual difference
Investment Banker earn more than Auditor
+$120,000
Percentage difference
+150.0%
Hourly difference
+$58/hour
Monthly difference
+$10,000/month
Lifetime difference (40-yr career)
Naive — doesn't include compounding raises
+$4,800,000

Investment Bankers earn approximately $120,000 more per year than Auditors — about 150% — with comparable entry requirements.

Pay range, not just the median

The medians hide most of what matters. Auditor pay runs from roughly $52,780 at the low end to $141,420 at the high end; Investment Banker runs $75,000 to $400,000. Position within the range is driven by what you specialize in and who you work for, not by the title on the offer.

The two bands are shaped differently. Investment Banker top earners make about 5.3× what beginners make, against 2.7× for Auditor. A wide band means the ceiling rewards specializing and the median understates what is achievable; a narrow one means pay is more predictable and less dependent on landing the right niche.

What the work is actually like

Auditor: Mix of client-site fieldwork and office; travel to client locations during audit season. Investment Banker: Corporate office, client and deal-team meetings; very long hours, frequent travel for live deals.

The calendars are not alike either: Auditor runs on standard weekday hours, Investment Banker on irregular hours that vary week to week. Worth weighing as heavily as the pay gap, because it is the part you live with daily.

Moving between the two

Both sit in Finance, so the surrounding context transfers even where the day-to-day does not: similar employers, similar hiring cycles, overlapping professional networks. Shares BLS occupational category and entry path with accountants; internal auditors can come from operations/compliance backgrounds without a CPA. Highly competitive lateral entry from Big 4 transaction advisory or equity research; base+bonus comp makes seniorPay wildly variable and understates top-decile bonus years.

If you are entering rather than switching: Auditor — Bachelor's in accounting, hired as an audit associate at a public accounting firm or internal audit department; CPA (external) or CIA (internal) pursued alongside work. Investment Banker — Bachelor's (often finance/econ from a target school) into a 2-year analyst program at a bank, or MBA into associate track; Series 79/63 licensing required on the job.

Pay ranges, education requirements, and employment projections come from the Bureau of Labor Statistics Occupational Outlook Handbook and Occupational Employment and Wage Statistics. See our methodology for how these are compiled and updated.

Other comparisons in Finance

Related tools

Auditor salary by state Investment Banker salary by state Best cities for Auditor Best cities for Investment Banker Paycheck Calculator Investment Calculator.

Frequently Asked Questions

Who earns more, a Auditor or a Investment Banker?
Investment Bankers earn more at the median — approximately $200,000 a year against $80,000, a gap of $120,000 or 150%. The ranges overlap though: Investment Banker pay starts around $75,000 and Auditor pay reaches about $141,420 at the top, so an experienced Auditor can out-earn a new Investment Banker.
Do you need a license to work as a Investment Banker?
Yes — Series 79 and 63 (FINRA) required to work on deals. Auditor has no equivalent requirement. Licensing slows entry but also limits how fast the labor supply can expand, which tends to support pay over time. Requirements are set state by state, so check reciprocity before assuming a license travels with you.
Do these numbers hold in my city?
Nationally sourced, so treat them as a baseline rather than a local answer. Regional cost-of-living and industry concentration move both careers, but rarely by the same amount, which means the 150% gap above is a national figure and not necessarily yours.