Home > Salary > Ecuador > Mathematical Modeling Engineer
A mathematical modeling engineer is a professional who uses mathematical techniques and computer simulations to create models that represent real-world systems or processes. They analyze data, develop algorithms, and design mathematical models to solve complex problems in various fields such as engineering, finance, physics, and biology. These models help in understanding the behavior of systems, predicting outcomes, and making informed decisions.
The occupation requires strong mathematical and analytical skills, as well as proficiency in programming languages and software tools used for modeling and simulation. Mathematical modeling engineers collaborate with interdisciplinary teams, including scientists, engineers, and business professionals, to develop solutions tailored to specific needs. They must have a deep understanding of the underlying principles of the systems they model and possess excellent problem-solving abilities.
Estimated Yearly Salary: 323,059,700 ECS
Estimated Monthly Salary: 26,921,642 ECS
Estimated Weekly Salary: 6,212,687 ECS per week
Estimated Hourly Salary: 155,317 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 25,926,863 ECS
Estimated Weekly Salary: 5,983,122 ECS per week
Estimated Hourly Salary: 149,578 ECS per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 11,414 USD
Estimated Monthly Salary: 951 USD
Estimated Weekly Salary: 220 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 323,059,700 ECS
Estimated Monthly Salary: 26,921,642 ECS
Estimated Weekly Salary: 6,212,687 ECS per week
Estimated Hourly Salary: 155,317 ECS per hour
By working as Mathematical Modeling Engineer a person can save up to 699 USD per month or 8,385 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 Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Mathematical Modeling Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Reimbursement specialist (95,453,192 ECS per year, pre-tax.)
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Mathematical Modeling Engineer salary in Ecuador
Average Yearly Salary of Mathematical Modeling Engineer in Ecuador is approximately 323,059,700 ECS (11,414 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 Mathematical Modeling Engineer do?
A mathematical modeling engineer is a professional who uses mathematical techniques and computer simulations to create models that represent real-world systems or processes. They analyze data, develop algorithms, and design mathematical models to solve complex problems in various fields such as engineering, finance, physics, and biology. These models help in understanding the behavior of systems, predicting outcomes, and making informed decisions.
The occupation requires strong mathematical and analytical skills, as well as proficiency in programming languages and software tools used for modeling and simulation. Mathematical modeling engineers collaborate with interdisciplinary teams, including scientists, engineers, and business professionals, to develop solutions tailored to specific needs. They must have a deep understanding of the underlying principles of the systems they model and possess excellent problem-solving abilities.
Skills: mathematical modeling, engineering, computer simulation, data analysis, algorithm development, decision-making
Job industry: Engineering
Job industry: Engineering
How much does Mathematical Modeling Engineer make?
Salary details
How much does Mathematical Modeling Engineer make?Estimated Yearly Salary: 323,059,700 ECS
Estimated Monthly Salary: 26,921,642 ECS
Estimated Weekly Salary: 6,212,687 ECS per week
Estimated Hourly Salary: 155,317 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 311,122,355 ECSEstimated Monthly Salary: 25,926,863 ECS
Estimated Weekly Salary: 5,983,122 ECS per week
Estimated Hourly Salary: 149,578 ECS per hour
Last revision of data: 2024-01-08Mathematical Modeling Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,414 USD
Estimated Monthly Salary: 951 USD
Estimated Weekly Salary: 220 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Mathematical Modeling Engineer job salary compared to average salary in Ecuador.
Comparison shows that a person working as Mathematical Modeling Engineer in Ecuador earns on average:
1.97 times the average salary (or 197% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Mathematical Modeling Engineer job salary compared to average salary in Ecuador.
Comparison shows that a person working as Mathematical Modeling Engineer in Ecuador earns on average:
1.97 times the average salary (or 197% of average salary).
Is Mathematical Modeling Engineer a well paid job?
Yes, our data shows that Mathematical Modeling Engineer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mathematical Modeling Engineer?
High salary for Mathematical Modeling Engineer would be somewhere between 355,365,670 ECS and 468,436,565 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Mathematical Modeling Engineer in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 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: 323,059,700 ECS
Estimated Monthly Salary: 26,921,642 ECS
Estimated Weekly Salary: 6,212,687 ECS per week
Estimated Hourly Salary: 155,317 ECS per hour
By working as Mathematical Modeling Engineer a person can save up to 699 USD per month or 8,385 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 Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Mathematical Modeling Engineer
Colombia is 11,721 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 Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
International trade compliance officer (220,931,366 ECS per year, pre-tax.)
Fab operator (116,477,253 ECS per year, pre-tax.)
Qa compliance manager (308,133,134 ECS per year, pre-tax.)
Reimbursement specialist (95,453,192 ECS per year, pre-tax.)
Vice president (vp), staffing (225,604,134 ECS per year, pre-tax.)
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