FINANCE & BANKING / SALARY
SEOUL

SALARY SURVEYS

28

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 1294.53 KRW = 1 USD
101,009,598 KRW $78,028 USD		119,096,773 KRW $92,000 USD		Gross income Net (after tax) 1294.53 KRW = 1 USD

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Average Salary / Finance & Banking / Seoul

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Average salary for Finance & Banking / Seoul is 101,009,598 KRW per year. The most typical earning is 119,096,773 KRW. All data are based on 28 salary surveys. Salaries are different between men and women. Men receive an average salary of 99,290,462 KRW. Women receive a salary of 93,853,435 KRW.

Based on education, the highest salaries receive people with Masters Degree with salary of 113,659,747 KRW. The second most paid education level is Bachelors Degree with salary of 99,290,462 KRW.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 137,996,913 KRW. Employees with 16-20 Years of experience receive 136,443,477 KRW.

Levels / Finance & Banking / Seoul (Gross KRW)

Salary Levels (KRW) per Year	Surveys	[%]
3,883,600 KRW - 6,471,399 KRW	0	n/a
6,472,700 KRW - 12,943,999 KRW	0	n/a
12,945,300 KRW - 19,416,699 KRW	2	100% 7.14%
19,418,000 KRW - 25,889,299 KRW	0	n/a
25,890,600 KRW - 32,361,999 KRW	0	n/a
32,363,300 KRW - 38,834,599 KRW	1	92.86% 3.57%
38,835,900 KRW - 45,307,299 KRW	1	89.29% 3.57%
45,308,600 KRW - 51,779,899 KRW	2	85.71% 7.14%
51,781,200 KRW - 58,252,599 KRW	1	78.57% 3.57%
58,253,900 KRW - 64,725,199 KRW	3	75% 10.71%
64,726,500 KRW - 71,197,899 KRW	1	64.29% 3.57%
71,199,200 KRW - 77,670,499 KRW	0	n/a
77,671,800 KRW - 84,143,199 KRW	1	60.71% 3.57%
84,144,500 KRW - 90,615,799 KRW	0	n/a
90,617,100 KRW - 97,088,499 KRW	2	57.14% 7.14%
97,089,800 KRW - 103,561,099 KRW	1	50% 3.57%
103,562,400 KRW - 110,033,799 KRW	1	46.43% 3.57%
110,035,100 KRW - 116,506,399 KRW	1	42.86% 3.57%
THE MOST TYPICAL SALARY
116,507,700 KRW - 122,979,099 KRW	4	39.29% 14.29%
122,980,400 KRW - 129,451,699 KRW	1	25% 3.57%
129,453,000 KRW - 135,924,399 KRW	0	n/a
135,925,700 KRW - 142,396,999 KRW	0	n/a
142,398,300 KRW - 148,869,699 KRW	1	21.43% 3.57%
148,871,000 KRW - 155,342,299 KRW	2	17.86% 7.14%
155,343,600 KRW - 161,814,999 KRW	0	n/a
161,816,300 KRW - 168,287,599 KRW	0	n/a
168,288,900 KRW - 174,760,299 KRW	0	n/a
174,761,600 KRW - 181,232,899 KRW	0	n/a
181,234,200 KRW - 187,705,599 KRW	0	n/a
187,706,900 KRW - 194,178,199 KRW	0	n/a
HIGH SALARIES
194,179,500 KRW - 207,123,499 KRW	0	n/a
207,124,800 KRW - 220,068,799 KRW	1	10.71% 3.57%
220,070,100 KRW - 233,014,099 KRW	1	7.14% 3.57%
233,015,400 KRW - 245,959,399 KRW	1	3.57% 3.57%
245,960,700 KRW - 258,904,699 KRW	0	n/a
258,906,000 KRW - 271,849,999 KRW	0	n/a
271,851,300 KRW - 284,795,299 KRW	0	n/a
284,796,600 KRW - 297,740,599 KRW	0	n/a
297,741,900 KRW - 310,685,899 KRW	0	n/a
310,687,200 KRW - 323,631,199 KRW	0	n/a
323,632,500 KRW - 453,085,599 KRW	0	n/a

Gender / Finance & Banking / Seoul (Gross KRW)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	14	99,290,462 KRW
2	Women	4	93,853,435 KRW

Education / Finance & Banking / Seoul (Gross KRW)

#		Surveys
1	Masters Degree	9	113,659,747 KRW
2	Bachelors Degree	18	99,290,462 KRW
3	High School	1	17,087,797 KRW

Experience / Finance & Banking / Seoul (Gross KRW)

#		Surveys
1	12-16 Years	5	137,996,913 KRW
2	16-20 Years	2	136,443,477 KRW
3	8-12 Years	9	123,886,535 KRW
4	4-8 Years	6	78,060,168 KRW
5	2-4 Years	2	51,910,659 KRW
6	0-1 Year	3	47,897,615 KRW
7	1-2 Years	1	35,211,220 KRW

Age / Finance & Banking / Seoul (Gross KRW)

#		Surveys
1	31-35	5	127,122,860 KRW
2	36-40	6	121,556,381 KRW
3	n/a	10	106,280,925 KRW
4	41-45	2	102,138,428 KRW
5	21-25	2	42,590,041 KRW
6	26-30	3	37,153,015 KRW

Work Type / Finance & Banking / Seoul (Gross KRW)

#		Surveys
1	Contract	1	218,128,330 KRW
2	Permanent	25	100,973,351 KRW
3	Part Time	2	42,590,041 KRW

Careers / Finance & Banking / Seoul (Gross KRW)

#		Surveys
1	Investment Manager	3	165,052,594 KRW
2	Fund Manager	3	164,275,876 KRW
3	Financial Adviser	2	134,760,588 KRW
4	Risk Manager	1	128,935,202 KRW
5	Bank Manager	2	105,115,848 KRW
6	Finance Manager	7	100,973,351 KRW
7	MBA	2	82,332,117 KRW
8	Other Finance Career	1	57,606,591 KRW
9	Financial Analyst	3	49,321,598 KRW
10	Financial Accountant	1	43,366,760 KRW
11	Stock Broker	2	37,929,733 KRW
12	Bank Cashier	1	35,211,220 KRW

People's individual salary examples (surveys)

Director

Posted 21 October 2021
Key knowledge and tasks

"Confidential."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Bachelors Degree	8-12 Years	Advanced	106,116,500 KRW

Fund Manager

Posted 22 September 2021
Key knowledge and tasks

"10 Years."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Masters Degree	4-8 Years	Expert	218,128,300 KRW

Associate

Posted 20 October 2019
Key knowledge and tasks

"Just fucking do everything. Staring at the monitor."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Bachelors Degree	0-1 Year	n/a	68,034,000 KRW

Investment Manager

Posted 08 February 2019
Key knowledge and tasks

"I am a junior level worker at a venture capital firm."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Bachelors Degree	2-4 Years	n/a	46,124,100 KRW

Senior Finance Manager

Posted 14 March 2018

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Masters Degree	8-12 Years	n/a	150,001,100 KRW

Posted 19 January 2018
Key knowledge and tasks

"Consulting 3years, university 2years, etc."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Bachelors Degree	2-4 Years	n/a	57,600,100 KRW

Senior Equity Manager

Posted 26 October 2017
Key knowledge and tasks

"Manage equity portfolio for Asia region."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Bachelors Degree	8-12 Years	n/a	114,326,400 KRW

Finance Manager

Posted 20 September 2017
Key knowledge and tasks

"This position oversees 2 Korean entities, managing a small team. 
•       Project
•       Take on ownership of the project to roll out the corporate accounting ERP system (EXACT) in Korea. 
•       Control/overview the interface system for the accurate information in EXACT
•       Ongoing tasks:
•       Accounting and reporting
•       Responsible for monthly and yearly closing of accounts (EXACT accounting system), once EXACT rollout has been completed. Until then, oversight of external accounting firm. 
•       Responsible for monthly reporting in consolidation software (HFM / HYPERION)
•       Clean up unreliable historical data that was made by external accounting firm for past years to have clean and clear accounting information in our book. 
•       Request development of our accounting system and practice like IC/revaluation
•       Treasury
•       Fund management Dividend/IC loan to group for excess cash resolution."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Bachelors Degree	8-12 Years	n/a	59,448,700 KRW

Deputy Manager

Posted 08 August 2017
Key knowledge and tasks

"Develop sales pipeline through clsoe collaboration with allocated braches."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	Bachelors Degree	12-16 Years	n/a	91,461,100 KRW

Posted 22 July 2017
Key knowledge and tasks

"Research analyst in an investment bank."

City	Education	Experience	Knowledge	Gross salary / year
Seoul	High School	0-1 Year	n/a	17,148,600 KRW

FINANCE & BANKING / SALARY SEOUL

28

101,009,598 KRW

119,096,773 KRW