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A financial engineer is a professional who applies mathematical and statistical models to analyze and solve complex financial problems. They combine their knowledge of finance, mathematics, computer science, and statistics to develop innovative solutions for investment strategies, risk management, pricing of financial instruments, and portfolio optimization. Financial engineers work in various sectors such as investment banking, hedge funds, asset management firms, and insurance companies.
Their primary responsibilities include developing and implementing quantitative models, conducting data analysis, designing trading algorithms, and creating risk assessment tools. They also play a crucial role in developing new financial products and strategies, conducting market research, and providing insights to support investment decision-making.
Estimated Yearly Salary: 326,561,918 IDR
Estimated Monthly Salary: 27,213,493 IDR
Estimated Weekly Salary: 6,280,037 IDR per week
Estimated Hourly Salary: 157,001 IDR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 26,343,959 IDR
Estimated Weekly Salary: 6,079,375 IDR per week
Estimated Hourly Salary: 151,984 IDR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 19,826 USD
Estimated Monthly Salary: 1,652 USD
Estimated Weekly Salary: 381 USD per week
Estimated Hourly Salary: 10 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: 326,561,918 IDR
Estimated Monthly Salary: 27,213,493 IDR
Estimated Weekly Salary: 6,280,037 IDR per week
Estimated Hourly Salary: 157,001 IDR per hour
By working as Financial Engineer a person can save up to 1,229 USD per month or 14,748 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 Indonesia, see costs of living in Indonesia.
Estimated Yearly Salary for Financial Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Financial Engineer salary in Indonesia
Average Yearly Salary of Financial Engineer in Indonesia is approximately 326,561,918 IDR (19,826 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 Engineer do?
A financial engineer is a professional who applies mathematical and statistical models to analyze and solve complex financial problems. They combine their knowledge of finance, mathematics, computer science, and statistics to develop innovative solutions for investment strategies, risk management, pricing of financial instruments, and portfolio optimization. Financial engineers work in various sectors such as investment banking, hedge funds, asset management firms, and insurance companies.
Their primary responsibilities include developing and implementing quantitative models, conducting data analysis, designing trading algorithms, and creating risk assessment tools. They also play a crucial role in developing new financial products and strategies, conducting market research, and providing insights to support investment decision-making.
Skills: Financial engineering, Mathematical modeling, Risk management, Investment strategies, Portfolio optimization, Quantitative analysis
Job industry: Finance
Job industry: Finance
How much does Financial Engineer make?
Salary details
How much does Financial Engineer make?Estimated Yearly Salary: 326,561,918 IDR
Estimated Monthly Salary: 27,213,493 IDR
Estimated Weekly Salary: 6,280,037 IDR per week
Estimated Hourly Salary: 157,001 IDR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 316,127,502 IDREstimated Monthly Salary: 26,343,959 IDR
Estimated Weekly Salary: 6,079,375 IDR per week
Estimated Hourly Salary: 151,984 IDR per hour
Last revision of data: 2024-01-05Financial Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,826 USD
Estimated Monthly Salary: 1,652 USD
Estimated Weekly Salary: 381 USD per week
Estimated Hourly Salary: 10 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
Compare salary to other countries
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Salary comparison to National average
Indonesia, located in Southeast Asia, is the world's largest archipelago consisting of more than 17,000 islands. With a population of over 270 million people, it is the fourth most populous country globally. The nation spans approximately 1.9 million square kilometers, making it the 14th largest country by land area.
Estimated national average yearly salary is 160,287,000 IDR (10,580 USD). Value indicated is pre-tax. Below graph shows estimated Financial Engineer job salary compared to average salary in Indonesia.
Comparison shows that a person working as Financial Engineer in Indonesia earns on average:
2.04 times the average salary (or 204% of average salary).
Estimated national average yearly salary is 160,287,000 IDR (10,580 USD). Value indicated is pre-tax. Below graph shows estimated Financial Engineer job salary compared to average salary in Indonesia.
Comparison shows that a person working as Financial Engineer in Indonesia earns on average:
2.04 times the average salary (or 204% of average salary).
Is Financial Engineer a well paid job?
Yes, our data show that Financial Engineer 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 Engineer?
High salary for Financial Engineer would be somewhere between 359,218,110 IDR and 473,514,781 IDR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Engineer in Indonesia?
Living in Indonesia the approximate monthly expenses are: 423 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: 326,561,918 IDR
Estimated Monthly Salary: 27,213,493 IDR
Estimated Weekly Salary: 6,280,037 IDR per week
Estimated Hourly Salary: 157,001 IDR per hour
By working as Financial Engineer a person can save up to 1,229 USD per month or 14,748 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 Indonesia, see costs of living in Indonesia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Papua New Guinea, East Timor. 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 Engineer
Malaysia is 33,385 USD
East Timor is 84,106 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 Indonesia
(1,825,698,192 IDR per year, pre-tax.)
2. Cardiologist
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4. Neurosurgeon
(1,421,992,567 IDR per year, pre-tax.)
(1,415,761,811 IDR per year, pre-tax.)
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(1,387,366,201 IDR per year, pre-tax.)
(1,385,685,106 IDR per year, pre-tax.)
9. Oncologist
(1,385,109,120 IDR per year, pre-tax.)
10. Plastic surgeon
(1,383,933,123 IDR per year, pre-tax.)
Data as of 2025Random salary:
Restaurant manager casual dining (144,258,300 IDR per year, pre-tax.)
Activities leader (62,314,344 IDR per year, pre-tax.)
Elections director (126,047,661 IDR per year, pre-tax.)
Senior civil engineer (278,896,350 IDR per year, pre-tax.)
Garage supervisor (105,792,450 IDR per year, pre-tax.)
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