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Quantitative Associate salary in Finland

Average Yearly Salary of Quantitative Associate in Finland is approximately 123,311 EUR (123,111 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?

occupation personasA 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


How much does Quantitative Associate make?

Salary details
How much does Quantitative Associate make?
Estimated Yearly Salary: 123,311 EUR
Estimated Monthly Salary: 10,276 EUR
Estimated Weekly Salary: 2,371 EUR per week
Estimated Hourly Salary: 59 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 119,097 EUR
Estimated Monthly Salary: 9,925 EUR
Estimated Weekly Salary: 2,290 EUR per week
Estimated Hourly Salary: 57 EUR per hour
Last revision of data: 2024-01-07



Quantitative Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 123,111 USD
Estimated Monthly Salary: 10,259 USD
Estimated Weekly Salary: 2,368 USD per week
Estimated Hourly Salary: 59 USD per hour


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

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Salary comparison to National average

Finland, officially known as the Republic of Finland, is a Nordic country located in Northern Europe. With a population of approximately 5.5 million people, it is one of the most sparsely populated countries in Europe. Covering an area of around 338,455 square kilometers, it is the eighth largest country in Europe.

Estimated national average yearly salary is 49,468 EUR (54,360 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Associate job salary compared to average salary in Finland.
Comparison shows that a person working as Quantitative Associate in Finland earns on average:
2.49 times the average salary (or 249% 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 135,642 EUR and 178,801 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Quantitative Associate in Finland?

Living in Finland the approximate monthly expenses are: 2,174 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: 123,311 EUR
Estimated Monthly Salary: 10,276 EUR
Estimated Weekly Salary: 2,371 EUR per week
Estimated Hourly Salary: 59 EUR per hour
By working as Quantitative Associate a person can save up to 8,085 USD per month or 97,018 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 Finland, see costs of living in Finland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Sweden, Norway, Russia, Estonia.
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

Sweden is 142,884 USDup arrow 16%
Details on Quantitative Associate salary in Sweden
Norway is 216,742 USDup arrow 76%
Details on Quantitative Associate salary in Norway
Russia is 29,077 USDdown arrow 76%
Details on Quantitative Associate salary in Russia
Estonia is 62,651 USDdown arrow 49%
Details on Quantitative Associate salary in Estonia
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 Finland

(567,124 EUR per year, pre-tax.)
(472,971 EUR per year, pre-tax.)
(455,823 EUR per year, pre-tax.)
(442,923 EUR per year, pre-tax.)
(440,800 EUR per year, pre-tax.)
(432,475 EUR per year, pre-tax.)
(431,745 EUR per year, pre-tax.)
(431,039 EUR per year, pre-tax.)
(430,553 EUR per year, pre-tax.)
(430,511 EUR per year, pre-tax.)

Data as of 2025

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