Home > Salary > Australia > Financial Engineer
A financial engineer is a professional who applies mathematical and statistical models to analyze and solve complex financial problems. They combine their knowledge of finance, mathematics, computer science, and statistics to develop innovative solutions for investment strategies, risk management, pricing of financial instruments, and portfolio optimization. Financial engineers work in various sectors such as investment banking, hedge funds, asset management firms, and insurance companies.
Their primary responsibilities include developing and implementing quantitative models, conducting data analysis, designing trading algorithms, and creating risk assessment tools. They also play a crucial role in developing new financial products and strategies, conducting market research, and providing insights to support investment decision-making.
Estimated Yearly Salary: 226,156 AUD
Estimated Monthly Salary: 18,846 AUD
Estimated Weekly Salary: 4,349 AUD per week
Estimated Hourly Salary: 109 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,224 AUD
Estimated Weekly Salary: 4,205 AUD per week
Estimated Hourly Salary: 105 AUD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 113,471 USD
Estimated Monthly Salary: 9,456 USD
Estimated Weekly Salary: 2,182 USD per week
Estimated Hourly Salary: 55 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: 226,156 AUD
Estimated Monthly Salary: 18,846 AUD
Estimated Weekly Salary: 4,349 AUD per week
Estimated Hourly Salary: 109 AUD per hour
By working as Financial Engineer a person can save up to 7,039 USD per month or 84,465 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 Australia, see costs of living in Australia.
Estimated Yearly Salary for Financial Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Financial Engineer salary in Australia
Average Yearly Salary of Financial Engineer in Australia is approximately 226,156 AUD (113,471 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 Engineer do?
A financial engineer is a professional who applies mathematical and statistical models to analyze and solve complex financial problems. They combine their knowledge of finance, mathematics, computer science, and statistics to develop innovative solutions for investment strategies, risk management, pricing of financial instruments, and portfolio optimization. Financial engineers work in various sectors such as investment banking, hedge funds, asset management firms, and insurance companies.
Their primary responsibilities include developing and implementing quantitative models, conducting data analysis, designing trading algorithms, and creating risk assessment tools. They also play a crucial role in developing new financial products and strategies, conducting market research, and providing insights to support investment decision-making.
Skills: Financial engineering, Mathematical modeling, Risk management, Investment strategies, Portfolio optimization, Quantitative analysis
Job industry: Finance
Job industry: Finance
How much does Financial Engineer make?
Salary details
How much does Financial Engineer make?Estimated Yearly Salary: 226,156 AUD
Estimated Monthly Salary: 18,846 AUD
Estimated Weekly Salary: 4,349 AUD per week
Estimated Hourly Salary: 109 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 218,684 AUDEstimated Monthly Salary: 18,224 AUD
Estimated Weekly Salary: 4,205 AUD per week
Estimated Hourly Salary: 105 AUD per hour
Last revision of data: 2024-01-09Financial Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 113,471 USD
Estimated Monthly Salary: 9,456 USD
Estimated Weekly Salary: 2,182 USD per week
Estimated Hourly Salary: 55 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
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Financial Engineer job salary compared to average salary in Australia.
Comparison shows that a person working as Financial Engineer in Australia earns on average:
2.69 times the average salary (or 269% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Financial Engineer job salary compared to average salary in Australia.
Comparison shows that a person working as Financial Engineer in Australia earns on average:
2.69 times the average salary (or 269% of average salary).
Is Financial Engineer a well paid job?
Yes, our data show that Financial Engineer 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 Engineer?
High salary for Financial Engineer would be somewhere between 248,772 AUD and 327,926 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Engineer in Australia?
Living in Australia the approximate monthly expenses are: 2,417 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: 226,156 AUD
Estimated Monthly Salary: 18,846 AUD
Estimated Weekly Salary: 4,349 AUD per week
Estimated Hourly Salary: 109 AUD per hour
By working as Financial Engineer a person can save up to 7,039 USD per month or 84,465 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 Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. 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 Engineer
Indonesia is 19,826 USD
East Timor is 84,106 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 Australia
(1,263,730 AUD per year, pre-tax.)
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4. Neurosurgeon
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(961,472 AUD per year, pre-tax.)
(960,386 AUD per year, pre-tax.)
8. Oncologist
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10. Plastic surgeon
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Data as of 2025Random salary:
Concrete finisher (90,898 AUD per year, pre-tax.)
Geriatric chiropractor (162,038 AUD per year, pre-tax.)
Bartender banquet (43,474 AUD per year, pre-tax.)
Maid (57,964 AUD per year, pre-tax.)
Career counselor (108,024 AUD per year, pre-tax.)
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Please note:This website presents salary data for informational use exclusively.
optisalary.com presents salary estimates for educational purposes exclusively. While we collect data from multiple providers, we cannot ensure absolute accuracy. Users are advised to review external organizations before making major financial decisions. Salaries fluctuate due to numerous factors, such as experience, industry trends, and negotiation tactics. We make no warranty regarding the validity of the displayed salary data. Your use of this site confirms your acceptance of these terms.
optisalary.com presents salary insights for educational purposes exclusively. While we collect data from multiple providers, we do not guarantee absolute accuracy. Users are advised to consult trusted organizations before making any career decisions. Salaries fluctuate due to numerous elements, such as experience, industry trends, and negotiation tactics. We make no guarantee regarding the correctness of the displayed salary data. Your use of this site indicates your acceptance of these terms.