Home > Salary > Kenya > Equity Research Associate
An equity research associate is responsible for conducting thorough analysis and providing insights on companies and industries to support investment decisions. They work closely with equity research analysts and assist in gathering relevant data, conducting financial modeling, and preparing research reports. Equity research associates stay updated on market trends, economic conditions, and industry developments to provide accurate recommendations to clients or internal stakeholders. They may also participate in client meetings, conference calls, and industry events to gather information and build relationships.
Estimated Yearly Salary: 1,483,942 KES
Estimated Monthly Salary: 123,662 KES
Estimated Weekly Salary: 28,537 KES per week
Estimated Hourly Salary: 713 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 119,698 KES
Estimated Weekly Salary: 27,623 KES per week
Estimated Hourly Salary: 691 KES per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 9,396 USD
Estimated Monthly Salary: 783 USD
Estimated Weekly Salary: 181 USD per week
Estimated Hourly Salary: 5 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: 1,483,942 KES
Estimated Monthly Salary: 123,662 KES
Estimated Weekly Salary: 28,537 KES per week
Estimated Hourly Salary: 713 KES per hour
By working as Equity Research Associate a person can save up to 543 USD per month or 6,516 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 Kenya, see costs of living in Kenya.
Estimated Yearly Salary for Equity Research Associate
Last revision of data: 2025-01-04
Data as of 2025
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Equity Research Associate salary in Kenya
Average Yearly Salary of Equity Research Associate in Kenya is approximately 1,483,942 KES (9,396 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 Equity Research Associate do?
An equity research associate is responsible for conducting thorough analysis and providing insights on companies and industries to support investment decisions. They work closely with equity research analysts and assist in gathering relevant data, conducting financial modeling, and preparing research reports. Equity research associates stay updated on market trends, economic conditions, and industry developments to provide accurate recommendations to clients or internal stakeholders. They may also participate in client meetings, conference calls, and industry events to gather information and build relationships.
Skills: equity research, financial analysis, investment research, market trends, financial modeling, industry analysis
Job industry: Finance
Job industry: Finance
How much does Equity Research Associate make?
Salary details
How much does Equity Research Associate make?Estimated Yearly Salary: 1,483,942 KES
Estimated Monthly Salary: 123,662 KES
Estimated Weekly Salary: 28,537 KES per week
Estimated Hourly Salary: 713 KES per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,436,378 KESEstimated Monthly Salary: 119,698 KES
Estimated Weekly Salary: 27,623 KES per week
Estimated Hourly Salary: 691 KES per hour
Last revision of data: 2024-01-03Equity Research Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,396 USD
Estimated Monthly Salary: 783 USD
Estimated Weekly Salary: 181 USD per week
Estimated Hourly Salary: 5 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
Kenya is a country located in East Africa. It has a diverse population of approximately 53 million people. The land area of Kenya is around 580,367 square kilometers, making it the 48th largest country in the world. It is bordered by Ethiopia to the north, Somalia to the northeast, Tanzania to the south, Uganda to the west, and South Sudan to the northwest.
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Equity Research Associate job salary compared to average salary in Kenya.
Comparison shows that a person working as Equity Research Associate in Kenya earns on average:
1.71 times the average salary (or 171% of average salary).
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Equity Research Associate job salary compared to average salary in Kenya.
Comparison shows that a person working as Equity Research Associate in Kenya earns on average:
1.71 times the average salary (or 171% of average salary).
Is Equity Research Associate a well paid job?
Yes, our data shows that Equity Research Associate is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Equity Research Associate?
High salary for Equity Research Associate would be somewhere between 1,632,336 KES and 2,151,716 KES. However this is an estimation based on Gaussian Distribution.How much can you save working as Equity Research Associate in Kenya?
Living in Kenya the approximate monthly expenses are: 240 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: 1,483,942 KES
Estimated Monthly Salary: 123,662 KES
Estimated Weekly Salary: 28,537 KES per week
Estimated Hourly Salary: 713 KES per hour
By working as Equity Research Associate a person can save up to 543 USD per month or 6,516 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 Kenya, see costs of living in Kenya.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Equity Research Associate
Ethiopia is 3,017 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 Kenya
(9,866,711 KES per year, pre-tax.)
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Data as of 2025Random salary:
Soldier (716,617 KES per year, pre-tax.)
Sustainability consultant (1,229,714 KES per year, pre-tax.)
Construction project leader (1,121,729 KES per year, pre-tax.)
Ramp supervisor (588,547 KES per year, pre-tax.)
Gluer (545,512 KES per year, pre-tax.)
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