Home > Salary > Egypt > Quantitative Associate
A quantitative associate is an individual who works in the field of quantitative finance or data analysis. They are responsible for developing and implementing mathematical models and statistical techniques to analyze financial data and make informed investment decisions. This occupation requires a strong background in mathematics, statistics, and programming, as well as knowledge of financial markets and instruments.
Quantitative associates are typically employed by investment banks, hedge funds, asset management firms, or financial consulting companies. They work closely with portfolio managers, traders, and risk managers to provide quantitative insights and support decision-making processes. Their tasks may include designing and back-testing trading strategies, developing risk models, conducting market research, and building financial forecasting models.
Estimated Yearly Salary: 307,545 EGP
Estimated Monthly Salary: 25,629 EGP
Estimated Weekly Salary: 5,914 EGP per week
Estimated Hourly Salary: 148 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 24,703 EGP
Estimated Weekly Salary: 5,701 EGP per week
Estimated Hourly Salary: 143 EGP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 9,274 USD
Estimated Monthly Salary: 773 USD
Estimated Weekly Salary: 178 USD per week
Estimated Hourly Salary: 4 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: 307,545 EGP
Estimated Monthly Salary: 25,629 EGP
Estimated Weekly Salary: 5,914 EGP per week
Estimated Hourly Salary: 148 EGP per hour
By working as Quantitative Associate a person can save up to 609 USD per month or 7,306 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 Associate
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Quantitative Associate salary in Egypt
Average Yearly Salary of Quantitative Associate in Egypt is approximately 307,545 EGP (9,274 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 Associate do?
A quantitative associate is an individual who works in the field of quantitative finance or data analysis. They are responsible for developing and implementing mathematical models and statistical techniques to analyze financial data and make informed investment decisions. This occupation requires a strong background in mathematics, statistics, and programming, as well as knowledge of financial markets and instruments.
Quantitative associates are typically employed by investment banks, hedge funds, asset management firms, or financial consulting companies. They work closely with portfolio managers, traders, and risk managers to provide quantitative insights and support decision-making processes. Their tasks may include designing and back-testing trading strategies, developing risk models, conducting market research, and building financial forecasting models.
Skills: quantitative finance, data analysis, mathematical modeling, statistical techniques, financial markets, investment decisions.
Job industry: Finance
Job industry: Finance
How much does Quantitative Associate make?
Salary details
How much does Quantitative Associate make?Estimated Yearly Salary: 307,545 EGP
Estimated Monthly Salary: 25,629 EGP
Estimated Weekly Salary: 5,914 EGP per week
Estimated Hourly Salary: 148 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 296,439 EGPEstimated Monthly Salary: 24,703 EGP
Estimated Weekly Salary: 5,701 EGP per week
Estimated Hourly Salary: 143 EGP per hour
Last revision of data: 2024-01-08Quantitative Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,274 USD
Estimated Monthly Salary: 773 USD
Estimated Weekly Salary: 178 USD per week
Estimated Hourly Salary: 4 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
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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 Associate job salary compared to average salary in Egypt.
Comparison shows that a person working as Quantitative Associate in Egypt earns on average:
2.44 times the average salary (or 244% 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 Associate job salary compared to average salary in Egypt.
Comparison shows that a person working as Quantitative Associate in Egypt earns on average:
2.44 times the average salary (or 244% of average salary).
Is Quantitative Associate a well paid job?
Yes, our data show that Quantitative Associate 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 Associate?
High salary for Quantitative Associate would be somewhere between 338,300 EGP and 445,940 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Associate 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: 307,545 EGP
Estimated Monthly Salary: 25,629 EGP
Estimated Weekly Salary: 5,914 EGP per week
Estimated Hourly Salary: 148 EGP per hour
By working as Quantitative Associate a person can save up to 609 USD per month or 7,306 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 Associate
Sudan is 1,724 USD
Israel is 123,542 USD
Jordan is 21,496 USD
Saudi Arabia is 62,429 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.)
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(1,175,406 EGP per year, pre-tax.)
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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:
Facility services director (220,135 EGP per year, pre-tax.)
Salesfloor personnel (45,313 EGP per year, pre-tax.)
Airport manager (156,321 EGP per year, pre-tax.)
Business manager logistics inventory distribution transportation (195,886 EGP per year, pre-tax.)
Home care aide (59,159 EGP per year, pre-tax.)
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