Home > Salary > Estonia > 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: 52,686 EUR
Estimated Monthly Salary: 4,391 EUR
Estimated Weekly Salary: 1,013 EUR per week
Estimated Hourly Salary: 25 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 4,243 EUR
Estimated Weekly Salary: 979 EUR per week
Estimated Hourly Salary: 24 EUR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 52,813 USD
Estimated Monthly Salary: 4,401 USD
Estimated Weekly Salary: 1,016 USD per week
Estimated Hourly Salary: 25 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: 52,686 EUR
Estimated Monthly Salary: 4,391 EUR
Estimated Weekly Salary: 1,013 EUR per week
Estimated Hourly Salary: 25 EUR per hour
By working as Financial Quantitative Analyst a person can save up to 3,295 USD per month or 39,546 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 Estonia, see costs of living in Estonia.
Estimated Yearly Salary for Financial Quantitative Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Financial Quantitative Analyst salary in Estonia
Average Yearly Salary of Financial Quantitative Analyst in Estonia is approximately 52,686 EUR (52,813 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?

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: 52,686 EUR
Estimated Monthly Salary: 4,391 EUR
Estimated Weekly Salary: 1,013 EUR per week
Estimated Hourly Salary: 25 EUR per hour
Comparing salary to last year:
Estimated Yearly Salary: 50,916 EUREstimated Monthly Salary: 4,243 EUR
Estimated Weekly Salary: 979 EUR per week
Estimated Hourly Salary: 24 EUR per hour
Financial Quantitative Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 52,813 USD
Estimated Monthly Salary: 4,401 USD
Estimated Weekly Salary: 1,016 USD per week
Estimated Hourly Salary: 25 USD per hour
Difference in salary year over year or average salary increase is approximately
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
Estonia, located in Northern Europe, is a small country with a population of approximately 1.3 million people. It covers an area of around 45,000 square kilometers, making it one of the smallest countries in the European Union. Despite its size, Estonia has made significant advancements in technology and digital innovation, earning it the nickname "e-Estonia."
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Financial Quantitative Analyst job salary compared to average salary in Estonia.
Comparison shows that a person working as Financial Quantitative Analyst in Estonia earns on average:
2.09 times the average salary (or 209% of average salary).
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Financial Quantitative Analyst job salary compared to average salary in Estonia.
Comparison shows that a person working as Financial Quantitative Analyst in Estonia earns on average:
2.09 times the average salary (or 209% 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 57,955 EUR and 76,395 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Quantitative Analyst in Estonia?
Living in Estonia the approximate monthly expenses are: 1,106 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: 52,686 EUR
Estimated Monthly Salary: 4,391 EUR
Estimated Weekly Salary: 1,013 EUR per week
Estimated Hourly Salary: 25 EUR per hour
By working as Financial Quantitative Analyst a person can save up to 3,295 USD per month or 39,546 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 Estonia, see costs of living in Estonia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Russia, Latvia, Finland.. 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
Salary 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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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Random salary:
Maintenance scheduler (27,559 EUR per year, pre-tax.)
Cyber security analyst (30,225 EUR per year, pre-tax.)
Athletic coach (24,066 EUR per year, pre-tax.)
General manager of operations (48,948 EUR per year, pre-tax.)
Senior financial analyst (43,986 EUR per year, pre-tax.)
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