Home > Salary > Egypt > Quantitative Analyst Finance
A quantitative analyst in finance is a highly skilled professional who applies mathematical and statistical techniques to analyze and solve complex financial problems. They use their expertise to develop and implement models, algorithms, and trading strategies to optimize investment decisions, risk management, and portfolio management. Quantitative analysts work closely with traders, portfolio managers, and other stakeholders to provide insights and recommendations based on rigorous analysis of financial data. They utilize programming languages such as Python, R, and MATLAB to manipulate and analyze large datasets and develop sophisticated financial models. Strong analytical and problem-solving skills are crucial for this role, as well as a thorough understanding of financial markets and instruments. The occupation of a quantitative analyst in finance requires continuous learning and staying updated with the latest developments in quantitative finance, as well as excellent communication skills to effectively communicate complex ideas to non-technical stakeholders.
Estimated Yearly Salary: 265,262 EGP
Estimated Monthly Salary: 22,105 EGP
Estimated Weekly Salary: 5,101 EGP per week
Estimated Hourly Salary: 128 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 21,384 EGP
Estimated Weekly Salary: 4,935 EGP per week
Estimated Hourly Salary: 123 EGP per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 8,029 USD
Estimated Monthly Salary: 669 USD
Estimated Weekly Salary: 154 USD per week
Estimated Hourly Salary: 4 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: 265,262 EGP
Estimated Monthly Salary: 22,105 EGP
Estimated Weekly Salary: 5,101 EGP per week
Estimated Hourly Salary: 128 EGP per hour
By working as Quantitative Analyst Finance a person can save up to 505 USD per month or 6,061 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 Egypt, see costs of living in Egypt.
Estimated Yearly Salary for Quantitative Analyst Finance
Last revision of data: 2025-01-04
Data as of 2025
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Quantitative Analyst Finance salary in Egypt
Average Yearly Salary of Quantitative Analyst Finance in Egypt is approximately 265,262 EGP (8,029 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 Quantitative Analyst Finance do?
A quantitative analyst in finance is a highly skilled professional who applies mathematical and statistical techniques to analyze and solve complex financial problems. They use their expertise to develop and implement models, algorithms, and trading strategies to optimize investment decisions, risk management, and portfolio management. Quantitative analysts work closely with traders, portfolio managers, and other stakeholders to provide insights and recommendations based on rigorous analysis of financial data. They utilize programming languages such as Python, R, and MATLAB to manipulate and analyze large datasets and develop sophisticated financial models. Strong analytical and problem-solving skills are crucial for this role, as well as a thorough understanding of financial markets and instruments. The occupation of a quantitative analyst in finance requires continuous learning and staying updated with the latest developments in quantitative finance, as well as excellent communication skills to effectively communicate complex ideas to non-technical stakeholders.
Skills: Quantitative Analyst, Finance, Mathematical Modeling, Risk Management, Portfolio Management, Financial Markets
Job industry: Finance
Job industry: Finance
How much does Quantitative Analyst Finance make?
Salary details
How much does Quantitative Analyst Finance make?Estimated Yearly Salary: 265,262 EGP
Estimated Monthly Salary: 22,105 EGP
Estimated Weekly Salary: 5,101 EGP per week
Estimated Hourly Salary: 128 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 256,608 EGPEstimated Monthly Salary: 21,384 EGP
Estimated Weekly Salary: 4,935 EGP per week
Estimated Hourly Salary: 123 EGP per hour
Last revision of data: 2024-01-09Quantitative Analyst Finance estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,029 USD
Estimated Monthly Salary: 669 USD
Estimated Weekly Salary: 154 USD per week
Estimated Hourly Salary: 4 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
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Country:
Salary comparison to National average
Egypt is a country located in northeastern Africa. It is bordered by the Mediterranean Sea to the north, Sudan to the south, Libya to the west, and Israel and the Red Sea to the east. With a population of over 100 million people, Egypt is the most populous country in the Arab world and the third most populous in Africa. The country covers an area of approximately 1,001,450 square kilometers, making it the 30th largest country in the world.
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Finance job salary compared to average salary in Egypt.
Comparison shows that a person working as Quantitative Analyst Finance in Egypt earns on average:
2.11 times the average salary (or 211% of average salary).
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Finance job salary compared to average salary in Egypt.
Comparison shows that a person working as Quantitative Analyst Finance in Egypt earns on average:
2.11 times the average salary (or 211% of average salary).
Is Quantitative Analyst Finance a well paid job?
Yes, our data show that Quantitative Analyst Finance 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 Quantitative Analyst Finance?
High salary for Quantitative Analyst Finance would be somewhere between 291,788 EGP and 384,630 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst Finance in Egypt?
Living in Egypt the approximate monthly expenses are: 164 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: 265,262 EGP
Estimated Monthly Salary: 22,105 EGP
Estimated Weekly Salary: 5,101 EGP per week
Estimated Hourly Salary: 128 EGP per hour
By working as Quantitative Analyst Finance a person can save up to 505 USD per month or 6,061 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 Egypt, see costs of living in Egypt.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sudan, Libya, Israel, Palestine, Jordan, Saudi Arabia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Quantitative Analyst Finance
Sudan is 1,488 USD
Israel is 107,689 USD
Jordan is 18,595 USD
Saudi Arabia is 54,117 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 Egypt
(1,412,052 EGP per year, pre-tax.)
2. Cardiologist
(1,175,406 EGP per year, pre-tax.)
(1,134,944 EGP per year, pre-tax.)
4. Neurosurgeon
(1,099,654 EGP per year, pre-tax.)
(1,099,601 EGP per year, pre-tax.)
6. Oncologist
(1,077,110 EGP per year, pre-tax.)
(1,074,437 EGP per year, pre-tax.)
(1,074,313 EGP per year, pre-tax.)
(1,072,829 EGP per year, pre-tax.)
(1,071,663 EGP per year, pre-tax.)
Data as of 2025Random salary:
Valet manager (71,991 EGP per year, pre-tax.)
Agricultural laboratory technician (83,938 EGP per year, pre-tax.)
Accounting administrator (76,741 EGP per year, pre-tax.)
Academic advisor (96,920 EGP per year, pre-tax.)
Chemical engineering technician (166,421 EGP per year, pre-tax.)
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