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FINANCE & BANKING / SALARY
Average Salary - Finance & Banking / Malawi MALAWI

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SALARY SURVEYS

8

 UPDATED
April 2024
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(based on your career and experience)
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
1689.03 MWK = 1 USD

27,806,431 MWK

$16,463 USD

11,823,180 MWK

$7,000 USD
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Average Salary / Finance & Banking / Malawi

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Average salary for Finance & Banking / Malawi is 27,806,431 MWK per year. The most typical earning is 11,823,180 MWK. All data are based on 8 salary surveys. Salaries are different between men and women. Men receive an average salary of 27,700,022 MWK. Women receive a salary of 28,375,632 MWK.

Based on education, the highest salaries receive people with Masters Degree with salary of 42,901,254 MWK. The second most paid education level is Bachelors Degree with salary of 18,579,283 MWK.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 59,791,512 MWK. Employees with 4-8 Years of experience receive 36,314,054 MWK.

Levels / Finance & Banking / Malawi (Gross MWK)

Salary Levels (MWK) per Year Surveys [%]
1,689,000 MWK - 3,376,399 MWK
0 n/a
3,378,100 MWK - 5,065,399 MWK
1 100%
12.5%
5,067,100 MWK - 8,443,399 MWK
1 87.5%
12.5%
THE MOST TYPICAL SALARY
8,445,100 MWK - 16,888,599 MWK
2 75%
25%
16,890,300 MWK - 25,333,699 MWK
0 n/a
25,335,400 MWK - 33,778,799 MWK
2 50%
25%
33,780,500 MWK - 42,223,999 MWK
0 n/a
42,225,600 MWK - 50,669,099 MWK
1 25%
12.5%
50,670,800 MWK - 59,114,199 MWK
0 n/a
59,115,900 MWK - 67,559,299 MWK
0 n/a
67,561,000 MWK - 76,004,499 MWK
0 n/a
76,006,200 MWK - 84,449,599 MWK
0 n/a
84,451,300 MWK - 92,894,699 MWK
1 12.5%
12.5%
92,896,400 MWK - 101,339,899 MWK
0 n/a
101,341,500 MWK - 109,784,999 MWK
0 n/a
109,786,700 MWK - 118,230,099 MWK
0 n/a
118,231,800 MWK - 126,675,199 MWK
0 n/a
126,676,900 MWK - 135,120,399 MWK
0 n/a
135,122,100 MWK - 143,565,499 MWK
0 n/a
143,567,200 MWK - 152,010,599 MWK
0 n/a
152,012,300 MWK - 160,455,799 MWK
0 n/a
160,457,400 MWK - 168,900,899 MWK
0 n/a
168,902,600 MWK - 177,345,999 MWK
0 n/a
177,347,700 MWK - 185,791,099 MWK
0 n/a
185,792,800 MWK - 194,236,299 MWK
0 n/a
194,238,000 MWK - 202,681,399 MWK
0 n/a
202,683,100 MWK - 211,126,499 MWK
0 n/a
211,128,200 MWK - 219,571,699 MWK
0 n/a
219,573,400 MWK - 228,016,799 MWK
0 n/a
228,018,500 MWK - 236,461,899 MWK
0 n/a
236,463,600 MWK - 244,906,999 MWK
0 n/a
244,908,700 MWK - 253,352,199 MWK
0 n/a
HIGH SALARIES
253,353,900 MWK - 270,242,399 MWK
0 n/a
270,244,100 MWK - 287,132,699 MWK
0 n/a
287,134,400 MWK - 304,022,899 MWK
0 n/a
304,024,600 MWK - 320,913,199 MWK
0 n/a
320,914,900 MWK - 337,803,499 MWK
0 n/a
337,805,200 MWK - 354,693,699 MWK
0 n/a
354,695,400 MWK - 371,583,999 MWK
0 n/a
371,585,700 MWK - 388,474,199 MWK
0 n/a
388,475,900 MWK - 405,364,499 MWK
0 n/a
405,366,200 MWK - 422,254,799 MWK
0 n/a
422,256,400 MWK - 591,158,999 MWK
0 n/a
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Gender / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 Women 1 28,375,632 MWK
2 Men 7 27,700,022 MWK

Education / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 4 42,901,254 MWK
2 Bachelors Degree 2 18,579,283 MWK
3 Some College 2 6,756,103 MWK

Experience / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 12-16 Years 2 59,791,512 MWK
2 4-8 Years 2 36,314,054 MWK
3 8-12 Years 1 9,289,641 MWK
4 2-4 Years 3 7,093,908 MWK

Age / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 36-40 3 42,901,254 MWK
2 21-25 2 24,153,068 MWK
3 26-30 3 15,032,329 MWK

Work Type / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 Contract 1 89,180,560 MWK
2 Permanent 7 19,085,991 MWK

Cities / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 --Other-- 3 34,287,223 MWK
2 Lilongwe 5 23,984,165 MWK

Careers / Finance & Banking / Malawi (Gross MWK)

# Surveys AVERAGE SALARY / YEAR
1 MBA 3 47,630,526 MWK
2 Banks 1 30,233,561 MWK
3 Economist 1 28,375,632 MWK
4 Bank Cashier Lead 1 9,289,641 MWK
5 Finance Manager 1 6,925,005 MWK
6 Bank Cashier 1 4,391,467 MWK

People's individual salary examples (surveys)

Officer
Posted 04 February 2021
City Education Experience Knowledge Gross salary / year
--Other-- Bachelors Degree 12-16 Years n/a 30,314,600 MWK

Mobile Money Intergrations Analyst
Posted 10 October 2019
City Education Experience Knowledge Gross salary / year
--Other-- Masters Degree 4-8 Years n/a 44,053,200 MWK

Bank Teller
Posted 23 August 2019
City Education Experience Knowledge Gross salary / year
Lilongwe Some College 2-4 Years n/a 4,394,800 MWK

Team Leader
Posted 19 August 2019
City Education Experience Knowledge Gross salary / year
Lilongwe Some College 8-12 Years n/a 9,274,400 MWK

Assistant
Posted 26 June 2019
City Education Experience Knowledge Gross salary / year
Lilongwe Bachelors Degree 2-4 Years n/a 6,955,400 MWK

Economist
Posted 12 April 2018
City Education Experience Knowledge Gross salary / year
--Other-- Masters Degree 4-8 Years n/a 28,406,000 MWK

Financial Analyst
Posted 08 August 2017
City Education Experience Knowledge Gross salary / year
Lilongwe Masters Degree 2-4 Years n/a 9,921,300 MWK


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