ESG Analyst vs Investment Banker: Which Pays More?
Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.
ESG Analyst
Assess environmental, social, and governance factors in investment decisions.
Investment Banker
Advise corporations on capital raising, M&A, and strategic financial transactions.
ESG Analyst earns more on average — the national median is $0/year (0%) higher than a Investment Banker. However, salaries vary significantly by city, employer, and experience level — see the city-by-city breakdown below.
ESG Analyst vs Investment Banker — Salary by City
National median figures in USD across top cities.
| City | ESG Analyst | Investment Banker | Difference |
|---|---|---|---|
| San Francisco, CA | $150,970 | $149,852 | ESG +$1,118 |
| New York, NY | $128,930 | $121,600 | ESG +$7,330 |
| Seattle, WA | $150,261 | $144,771 | ESG +$5,490 |
| Austin, TX | $111,571 | $111,968 | ESG $397 |
| Chicago, IL | $112,333 | $110,184 | ESG +$2,149 |
| Boston, MA | $134,464 | $137,220 | ESG $2,756 |
| London, UK | £81,801 | £80,088 | ESG +$1,713 |
| Toronto, Canada | CA$133,398 | CA$138,977 | ESG $5,579 |
Frequently Asked Questions
Does a ESG Analyst or Investment Banker earn more?+
A ESG Analyst earns more on average. The national median salary for a ESG Analyst is $102,740/year, compared to $102,740/year for a Investment Banker — a difference of $0 (0%).
Which has better career growth — ESG Analyst or Investment Banker?+
ESG Analyst roles are growing at 35% YoY while Investment Banker demand is growing at 8% YoY. ESG Analyst has stronger near-term demand growth.
Can you switch from ESG Analyst to Investment Banker?+
Yes. Many professionals transition between these roles, especially since both are in the same category. Shared skills include: Financial Modelling.
Which is harder to automate — ESG Analyst or Investment Banker?+
Investment Banker has a lower AI automation risk (28% vs 35%). Based on Oxford Martin School and McKinsey 2023 analysis.