Engineering Manager vs Investment Banking

Put two roles head to head — any role, in any location or worldwide-remote.

Side A

Side B

Investment Banking pays about 9% more at the median.

Side-by-side distribution

Engineering Manager Investment Banking
$190k
$206.3k
$75.9k box = 25th–75th · whiskers = 10th–90th $324.7k

Engineering Manager

$190,000

median · per year, annualized USD

Median over time ▲ +11.8%
$170,000 $190,000
$142.5k 25th
$190k Median
$239k 75th
$93.1k
$285k
Box 25th–75th · whiskers 10th–90th Full range $5.3k – $5,000k · outliers off-axis
Disclosing
42.5%
Live roles
4,368

Investment Banking

$206,250

median · per year, annualized USD

Median over time ▲ +21.7%
$169,500 $206,250
$176.3k 25th
$206.3k Median
$228.8k 75th
$153k
$393k
Box 25th–75th · whiskers 10th–90th Full range $140k – $1,000k · outliers off-axis
Disclosing
34.8%
Live roles
23

Top companies hiring

Company Median Roles
Databricks $226,881 36
Anduril Industries $193,000 36
Brex $254,250 29
Atwell, LLC $117,500 25
OpenAI $339,000 22
Anthropic $445,000 21
Harvey $350,000 20
DoorDash USA $239,400 19

Top companies hiring

Company Median Roles
BT BTIG $185,000 4
OffDeal $486,250 2
Ducera Partners - Experienced Hires $175,000 2

Engineering Manager salary by location

Location Median Roles
Sydney $408,460 6
San Francisco $251,394 336
Seattle $226,625 101
New York $216,000 357
Austin $199,000 43
Boston $195,000 67
Atlanta $190,750 16
London $187,539 66
Chicago $175,000 49
Denver $173,495 36

Investment Banking salary by location

Location Median Roles
New York $206,250 6

Engineering Manager vs Investment Banking: which pays more?

The median for Engineering Manager is $190,000 per year (typically $142,481–$239,000), versus $206,250 for Investment Banking ($176,250–$228,750). That puts Investment Banking about 9% ahead at the median.

Both figures are computed live from active listings on JobsRadar and normalized to annualized USD, so Engineering Manager and Investment Banking are compared on equal terms regardless of the currency each role was originally posted in. Only roles that publish a salary range feed the medians; numbers refresh every few hours as new roles post and older ones close, so this comparison reflects the market right now rather than a fixed survey. Use it as a directional benchmark when weighing one path against the other.

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