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Quantitative Analysis Director salary in Ethiopia

Average Yearly Salary of Quantitative Analysis Director in Ethiopia is approximately 351,598 ETB (5,884 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 Analysis Director do?

occupation personasA Quantitative Analysis Director is responsible for leading a team of quantitative analysts and overseeing the development and implementation of data-driven models and strategies. They work in various industries such as finance, marketing, and technology, utilizing statistical techniques and mathematical models to analyze large datasets and derive insights. Their primary role involves designing and executing quantitative research projects, managing data collection and analysis processes, and presenting findings to senior management. They collaborate with cross-functional teams to identify business opportunities, optimize processes, and enhance decision-making. A Quantitative Analysis Director stays updated with industry trends, emerging technologies, and regulatory requirements to ensure the accuracy and integrity of analytical models. They possess strong analytical and problem-solving skills, proficiency in programming languages and statistical software, and excellent communication skills to effectively convey complex concepts to non-technical stakeholders.

Skills: Quantitative Analysis, Data Analysis, Statistical Modeling, Decision-making, Leadership, Cross-functional Collaboration
Job industry: Finance


How much does Quantitative Analysis Director make?

Salary details
How much does Quantitative Analysis Director make?
Estimated Yearly Salary: 351,598 ETB
Estimated Monthly Salary: 29,300 ETB
Estimated Weekly Salary: 6,762 ETB per week
Estimated Hourly Salary: 169 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 340,260 ETB
Estimated Monthly Salary: 28,355 ETB
Estimated Weekly Salary: 6,543 ETB per week
Estimated Hourly Salary: 164 ETB per hour
Last revision of data: 2024-01-06



Quantitative Analysis Director estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 5,884 USD
Estimated Monthly Salary: 490 USD
Estimated Weekly Salary: 113 USD per week
Estimated Hourly Salary: 3 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.

Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analysis Director job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Quantitative Analysis Director in Ethiopia earns on average:
3.34 times the average salary (or 334% of average salary).

Is Quantitative Analysis Director a well paid job?

Yes, our data show that Quantitative Analysis Director 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 Analysis Director?

High salary for Quantitative Analysis Director would be somewhere between 386,758 ETB and 509,817 ETB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Quantitative Analysis Director in Ethiopia?

Living in Ethiopia the approximate monthly expenses are: 77 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: 351,598 ETB
Estimated Monthly Salary: 29,300 ETB
Estimated Weekly Salary: 6,762 ETB per week
Estimated Hourly Salary: 169 ETB per hour
By working as Quantitative Analysis Director a person can save up to 414 USD per month or 4,962 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 Ethiopia, see costs of living in Ethiopia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia.
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 Analysis Director

Sudan is 2,327 USDdown arrow 60%
Details on Quantitative Analysis Director salary in Sudan
Kenya is 18,393 USDup arrow 213%
Details on Quantitative Analysis Director salary in Kenya
Last revision of data: 2025-01-04

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Ethiopia

(1,198,707 ETB per year, pre-tax.)
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
(911,678 ETB per year, pre-tax.)

Data as of 2025

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