FINANCE & BANKING SALARY IN MEXICO

Mexico   Mexico  • Change Location

Average gross salary for Finance & Banking GROSS SALARY
MXN 825,681
Average gorss salary (USD) for Finance & Banking GROSS SALARY (USD)
US$ 49,100
Average net salary for Finance & Banking NET SALARY
MXN 597,381
The most typical salary for Finance & Banking MOST TYPICAL GROSS
MXN 579,222
  Updated: 23 Oct 2020   Diff. gross vs. net: 27%
  Salary entries: 34

Average salary for Finance & Banking in Mexico is MXN 825,681.

Average take home earning is MXN 597,381 (Net).

The most typical salary is MXN 579,222 (Gross).

If you are an employer this page can help you with the decision how much to pay employees.

The main purpose of the site is to help you increase your salary! If you want to increase your salary you need to investigate and find out how much other people with similar careers, experience, education, and knowledge can earn. Then set goals for better salary and strive to achieve it!

"What gets measured gets improved."
-Peter Drucker


 Time to read the page 30 min.

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Percentage of people Earn this salary or more
24 % MXN 1,400,000
12 % MXN 1,700,000
21 % MXN 1,466,666
71 % MXN 579,222
85 % MXN 469,927
94 % MXN 250,666
100 % MXN 58,000
Career Avg. gross salary (USD) Salary entries
Finance Manager MXN 809,430 US$ 54,611 07
MBA MXN 866,000 US$ 58,197 05
Financial Analyst MXN 375,527 US$ 22,739 05
Risk Analyst MXN 1,241,500 US$ 61,324 03
Risk Manager MXN 804,333 US$ 58,016 03
Financial Accountant MXN 732,000 US$ 38,917 03
Tax Manager MXN 2,500,000 US$ 131,860 01
Economist MXN 2,000,000 US$ 103,574 01
Bank Manager MXN 1,800,000 US$ 87,609 01
Banks MXN 450,000 US$ 21,902 01
City Avg. gross salary (USD) Salary entries
Mexico City MXN 1,023,868 US$ 60,629 19
Guadalajara MXN 519,004 US$ 36,056 04
Monterrey MXN 653,333 US$ 31,799 03
Tijuana MXN 532,819 US$ 27,593 02
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  SALARY BY LEVEL   FINANCE & BANKING   MEXICO

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Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
135K US$ 131,860 MXN 2,500,000
01
115K US$ 110,406 MXN 1,400,000
01
105K US$ 104,470 MXN 1,700,000
02
95K US$ 94,097 MXN 1,466,666
03
85K US$ 87,609 MXN 1,800,000
01
75K US$ 71,764 MXN 910,000
01
65K US$ 65,275 MXN 1,202,000
01
45K US$ 44,546 MXN 806,103
05
35K US$ 34,808 MXN 579,222
09
25K US$ 23,775 MXN 469,927
05
15K US$ 16,712 MXN 250,666
03
Less US$ 3,125 MXN 58,000
02

  SALARY BY GENDER   FINANCE & BANKING   MEXICO

Mexico •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 50,040 MXN 827,431 29
Women US$ 43,651 MXN 815,527 05

  SALARY BY EDUCATION   FINANCE & BANKING   MEXICO

Mexico •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Masters Degree US$ 60,516 MXN 925,577 15
Bachelors Degree US$ 44,436 MXN 827,852 17
Some College US$ 1,036 MXN 20,000 01
High School US$ 5,213 MXN 96,000 01

Finance & Banking workers holding Masters Degree degrees enjoy the highest average gross salaries in Mexico. With an earned Masters Degree, they grosses MXN 925,577. While Finance & Banking workers with Some College education earn the least, with an average gross income of MXN 20,000. This is 5741.31% lower of what Masters Degree degree holders earn.


  SALARY BY EXPERIENCE   FINANCE & BANKING   MEXICO

Mexico •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 58,262 MXN 1,150,666 03
16-20 Years US$ 79,763 MXN 1,430,000 05
12-16 Years US$ 50,996 MXN 767,500 04
8-12 Years US$ 56,767 MXN 887,669 06
4-8 Years US$ 42,724 MXN 731,714 07
2-4 Years US$ 22,733 MXN 438,027 05
1-2 Years US$ 34,621 MXN 440,750 04

Finance & Banking workers in Mexico with more years of work experience outperform their counterparts with less experience. Workers with 16-20 Years of experience earn a gross average of MXN 1,430,000 compared to MXN 438,027 for their counterparts with 2-4 Years of experience. The difference between workers with 16-20 Years of experience and 2-4 Years is 250.87%.


  SALARY BY AGE   FINANCE & BANKING   MEXICO

Mexico •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
51-56 US$ 87,609 MXN 1,800,000 01
45-50 US$ 79,522 MXN 1,500,666 03
39-44 US$ 77,058 MXN 1,306,666 03
33-38 US$ 52,717 MXN 874,273 06
27-32 US$ 46,442 MXN 713,429 14
22-26 US$ 24,090 MXN 432,916 06
16-21 US$ 1,036 MXN 20,000 01
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  SALARY BY CAREER   FINANCE & BANKING   MEXICO

Mexico •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Tax Manager US$ 131,860 MXN 2,500,000 01
2. Economist US$ 103,574 MXN 2,000,000 01
3. Bank Manager US$ 87,609 MXN 1,800,000 01
4. Risk Analyst US$ 61,324 MXN 1,241,500 03
5. MBA US$ 58,197 MXN 866,000 05
6. Risk Manager US$ 58,016 MXN 804,333 03
7. Finance Manager US$ 54,611 MXN 809,430 07
8. Financial Accountant US$ 38,917 MXN 732,000 03
9. Other Finance Career US$ 23,322 MXN 448,000 02
10. Financial Analyst US$ 22,739 MXN 375,527 05
11. Banks US$ 21,902 MXN 450,000 01
12. Bank Cashier US$ 15,052 MXN 200,000 01
13. Financial Adviser US$ 1,036 MXN 20,000 01

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In Mexico economy, Tax Manager is on the top list of highest earners, earning an average gross salary of MXN 2,500,000. Economist and Bank Manager follow, earning MXN 2,000,000 and MXN 1,800,000, respectively. Financial Adviser earn a gross annual average of MXN 20,000, while Bank Cashier earn MXN 200,000. The gap between the lowest and the highest paid careers is 12627.80%.


  SALARY BY JOB TYPE   FINANCE & BANKING   MEXICO

Mexico •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 52,048 MXN 855,901 29
Contract US$ 14,293 MXN 276,000 02
Self Employed US$ 54,756 MXN 1,125,000 02
Part Time US$ 21,902 MXN 450,000 01
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  SALARY BY CITY   FINANCE & BANKING   MEXICO

Mexico •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Mexico City Finance & Banking in Mexico City US$ 60,629 MXN 1,023,868 19
2. Guadalajara Finance & Banking in Guadalajara US$ 36,056 MXN 519,004 04
3. Monterrey Finance & Banking in Monterrey US$ 31,799 MXN 653,333 03
4. Tijuana Finance & Banking in Tijuana US$ 27,593 MXN 532,819 02

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  SALARY BY COUNTRY    FINANCE & BANKING

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Switzerland Switzerland Finance & Banking in Switzerland US$ 140,187 CHF 133,072 134
2. Australia Australia Finance & Banking in Australia US$ 96,359 AU$ 109,909 153
3. United Kingdom United Kingdom Finance & Banking in United Kingdom US$ 95,897 GBP 64,919 353
4. Germany Germany Finance & Banking in Germany US$ 93,979 EUR 75,809 134
5. United States United States Finance & Banking US$ 93,188 US$ 93,188 963
6. Norway Norway Finance & Banking in Norway US$ 88,194 NOK 678,387 61
7. France France Finance & Banking in France US$ 87,695 EUR 71,252 84
8. Canada Canada Finance & Banking in Canada US$ 78,654 CA$ 85,679 261
9. Finland Finland Finance & Banking in Finland US$ 75,218 EUR 61,596 29
10. Italy Italy Finance & Banking in Italy US$ 63,481 EUR 52,232 73

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(17/17)  GLOBAL TAX DIRECTOR


 Posted: 23 Oct 2020

Bachelors Degree, 16-20 years: "Transfer pricing."
Individual GROSS salary:
MXN 2,500,000
US$ 131,860


(16/17)  ACCOUNTANT AND FINANCE SUPPORT


 Posted: 11 Dec 2019

Bachelors Degree, 2-4 years: "Bookkeeping for small entity and finance support."
Individual GROSS salary:
MXN 462,000
US$ 23,926


(15/17)  CHIEF EXECUTIVE OFFICER


 Posted: 03 Oct 2019

Masters Degree, 12-16 years: "Bussines Strategy, Operations Management, Team Leadership."
Individual GROSS salary:
MXN 720,000
US$ 37,287


(14/17)  CONTROLLING


 Posted: 25 Sep 2019

Bachelors Degree, 4-8 years: "ASSESS AND MEASURE FINANCIAL BUSINESS BEHAVIOR."
Individual GROSS salary:
MXN 532,000
US$ 27,551


(13/17)  ASSET LIABILITY MANAGER


 Posted: 17 Jul 2019

Bachelors Degree, 2-4 years: "Review of the Bank Balance Sheet exposure to interest and currency risk. Proposal of Hedging Strategies of loans and liabilities with Financial Derivatives to eliminate interest rate and FX gaps. Continuous monitoring of hedge positions and rebalancing. Supervision of the calculation of transfer pricing from the Treasury to other Business Areas in the bank."
Individual GROSS salary:
MXN 864,500
US$ 44,770


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(12/17)  FINANCE ASSOCIATE


 Posted: 20 Jun 2019

Masters Degree, 2-4 years: "Analyst and operation."
Individual GROSS salary:
MXN 455,639
US$ 23,596


(11/17)  FINANCIAL ADVISER


 Posted: 21 Mar 2019

Some College, 1-2 years: "Financial adviser."
Individual GROSS salary:
MXN 20,000
US$ 1,036


(10/17)  FINANCE DIRECTOR


 Posted: 11 Mar 2019

Bachelors Degree, 16-20 years: "Finance director."
Individual GROSS salary:
MXN 800,000
US$ 41,430


(9/17)  DEAL FLOW MANAGER


 Posted: 29 Jan 2019

Bachelors Degree, 2-4 years: "Inicial analysis on companies that are potential pipeline for our fund."
Individual GROSS salary:
MXN 312,000
US$ 16,158


(8/17)  FINANCE MANAGER


 Posted: 16 Jan 2019

Masters Degree, 8-12 years: "Supevise the Accounting Departments of 3 Plants."
Individual GROSS salary:
MXN 610,000
US$ 31,590


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(7/17)  DIRECTOR


 Posted: 10 Dec 2018

Bachelors Degree, 16-20 years: "Transfer Pricing Director."
Individual GROSS salary:
MXN 2,000,000
US$ 103,574


(6/17)  INSURANCE RISK MANAGER


 Posted: 12 Apr 2018

Bachelors Degree, 4-8 years: "Support the development, running and maintenance of the Short Term Economic Capital (STEC) across AXA Insurance Personal Lines and Commercial Lines. Contribute to the 2nd line independent challenge and local validation of the calibration in relation to P&C risks. Support and deliver independent reserve reviews to provide a second opinion / challenge on reserve level recommendations proposed by Chief Actuary and Finance function for accounting and Solvency II technical provisions, taking into account business trends, external market considerations, regulatory and accounting standards and internal risk appetite."
Individual GROSS salary:
MXN 600,000
US$ 31,072


(5/17)  ASSOCIATE


 Posted: 22 Jan 2018

Bachelors Degree, 4-8 years: "Product and Risk Controller for the Mexico Broker Dealer House."
Individual GROSS salary:
MXN 890,000
US$ 46,091


(4/17)  FINANCE MANAGER


 Posted: 15 Nov 2017

Masters Degree, 4-8 years: "Started as analyst and then quit to study a full time mba and now im back as a manager in the same work."
Individual GROSS salary:
MXN 800,000
US$ 38,937


(3/17)  SPECIALIST


 Posted: 03 Nov 2017

Bachelors Degree, 4-8 years: "Answer detailed client inquiries about MSCI products and methodology ? Participate in developing client relationships through proactive follow up on issues raised by clients ? Analyze market performance and data for our clients on a reactive and a pro-active basis."
Individual GROSS salary:
MXN 860,000
US$ 41,858


(2/17)  PW


 Posted: 18 Oct 2017

Masters Degree, 20+ years: "New clients for the bank and more revenue."
Individual GROSS salary:
MXN 1,800,000
US$ 87,609


(1/17)  FINANCE MANAGER


 Posted: 11 Aug 2017

Masters Degree, 16-20 years: "Guiding the organization to obtain the correct fidning in timming for the financial plnanning process."
Individual GROSS salary:
MXN 650,000
US$ 31,637


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