Home > Salary > Algeria > Financial Quantitative Analyst
A financial quantitative analyst is a professional who applies mathematical and statistical methods to financial data in order to develop models, strategies, and recommendations for investment decisions. They analyze market trends, historical data, and economic indicators to identify patterns and predict future outcomes. Using their expertise in quantitative techniques, they build complex financial models that help evaluate risks and returns, optimize portfolios, and develop trading strategies. They also perform risk assessment and stress testing to ensure the stability and profitability of investment portfolios. Financial quantitative analysts work in various financial institutions such as banks, hedge funds, asset management firms, and insurance companies.
Estimated Yearly Salary: 4,616,857 DZD
Estimated Monthly Salary: 384,738 DZD
Estimated Weekly Salary: 88,786 DZD per week
Estimated Hourly Salary: 2,220 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 371,791 DZD
Estimated Weekly Salary: 85,798 DZD per week
Estimated Hourly Salary: 2,145 DZD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 26,657 USD
Estimated Monthly Salary: 2,221 USD
Estimated Weekly Salary: 513 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 4,616,857 DZD
Estimated Monthly Salary: 384,738 DZD
Estimated Weekly Salary: 88,786 DZD per week
Estimated Hourly Salary: 2,220 DZD per hour
By working as Financial Quantitative Analyst a person can save up to 1,661 USD per month or 19,937 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Estimated Yearly Salary for Financial Quantitative Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Marketing copywriter (2,349,513 DZD per year, pre-tax.)
Patent attorney (6,626,419 DZD per year, pre-tax.)
Embedded software engineer (2,872,387 DZD per year, pre-tax.)
Senior vice president (svp), mortgage lending (5,269,813 DZD per year, pre-tax.)
Network administrator it (2,906,675 DZD per year, pre-tax.)
Financial Quantitative Analyst salary in Algeria
Average Yearly Salary of Financial Quantitative Analyst in Algeria is approximately 4,616,857 DZD (26,657 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Financial Quantitative Analyst do?
A financial quantitative analyst is a professional who applies mathematical and statistical methods to financial data in order to develop models, strategies, and recommendations for investment decisions. They analyze market trends, historical data, and economic indicators to identify patterns and predict future outcomes. Using their expertise in quantitative techniques, they build complex financial models that help evaluate risks and returns, optimize portfolios, and develop trading strategies. They also perform risk assessment and stress testing to ensure the stability and profitability of investment portfolios. Financial quantitative analysts work in various financial institutions such as banks, hedge funds, asset management firms, and insurance companies.Skills: Financial analysis, Quantitative modeling, Risk assessment, Investment strategies, Portfolio optimization, Statistical analysis.
Job industry: Finance
Job industry: Finance
How much does Financial Quantitative Analyst make?
Salary details
How much does Financial Quantitative Analyst make?Estimated Yearly Salary: 4,616,857 DZD
Estimated Monthly Salary: 384,738 DZD
Estimated Weekly Salary: 88,786 DZD per week
Estimated Hourly Salary: 2,220 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,461,497 DZDEstimated Monthly Salary: 371,791 DZD
Estimated Weekly Salary: 85,798 DZD per week
Estimated Hourly Salary: 2,145 DZD per hour
Last revision of data: 2024-01-08Financial Quantitative Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 26,657 USD
Estimated Monthly Salary: 2,221 USD
Estimated Weekly Salary: 513 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Financial Quantitative Analyst job salary compared to average salary in Algeria.
Comparison shows that a person working as Financial Quantitative Analyst in Algeria earns on average:
2.07 times the average salary (or 207% of average salary).
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Financial Quantitative Analyst job salary compared to average salary in Algeria.
Comparison shows that a person working as Financial Quantitative Analyst in Algeria earns on average:
2.07 times the average salary (or 207% of average salary).
Is Financial Quantitative Analyst a well paid job?
Yes, our data show that Financial Quantitative Analyst is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Financial Quantitative Analyst?
High salary for Financial Quantitative Analyst would be somewhere between 5,078,543 DZD and 6,694,443 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Quantitative Analyst in Algeria?
Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 4,616,857 DZD
Estimated Monthly Salary: 384,738 DZD
Estimated Weekly Salary: 88,786 DZD per week
Estimated Hourly Salary: 2,220 DZD per hour
By working as Financial Quantitative Analyst a person can save up to 1,661 USD per month or 19,937 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Financial Quantitative Analyst
Tunisia is 22,925 USD
Morocco is 28,700 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Algeria
(25,311,833 DZD per year, pre-tax.)
2. Cardiologist
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
4. Neurosurgeon
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
6. Oncologist
(19,276,089 DZD per year, pre-tax.)
7. Urologist
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)
Data as of 2025Random salary:
Marketing copywriter (2,349,513 DZD per year, pre-tax.)
Patent attorney (6,626,419 DZD per year, pre-tax.)
Embedded software engineer (2,872,387 DZD per year, pre-tax.)
Senior vice president (svp), mortgage lending (5,269,813 DZD per year, pre-tax.)
Network administrator it (2,906,675 DZD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=algeria&job=financial-quantitative-analyst'><img src='https://optisalary.com/wp-content/graphs/salary/financial-quantitative-analyst-salary-in-algeria-2025.jpg' alt='financial quantitative analyst salary in algeria 2025' title='financial quantitative analyst salary in algeria 2025' /></a>
Please note:The salary estimates on this website are meant for reference purposes exclusively.
optisalary.com presents salary estimates for educational purposes exclusively. While we gather data from various sources, we do not ensure absolute accuracy. Users are advised to review external organizations before making major financial moves. Salaries fluctuate due to various elements, such as market demand, employer policies, and geographic location. We cannot provide guarantee regarding the validity of the displayed salary data. Your use of this site confirms your understanding of these conditions.
optisalary.com presents salary data for informational use only. We strive to provide accurate figures, but do not assure their precision. Users are urged to consult alternative platforms before making employment choices. Salary ranges can vary due to geographic location, experience, and industry trends. We assume no liability for errors in the salary information provided. Your engagement with this site confirms agreement of this policy.