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Quantitative Analyst Finance salary in Kenya

Average Yearly Salary of Quantitative Analyst Finance in Kenya is approximately 1,856,717 KES (11,743 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 Analyst Finance do?

occupation personasA quantitative analyst in finance is a highly skilled professional who applies mathematical and statistical techniques to analyze and solve complex financial problems. They use their expertise to develop and implement models, algorithms, and trading strategies to optimize investment decisions, risk management, and portfolio management. Quantitative analysts work closely with traders, portfolio managers, and other stakeholders to provide insights and recommendations based on rigorous analysis of financial data. They utilize programming languages such as Python, R, and MATLAB to manipulate and analyze large datasets and develop sophisticated financial models. Strong analytical and problem-solving skills are crucial for this role, as well as a thorough understanding of financial markets and instruments. The occupation of a quantitative analyst in finance requires continuous learning and staying updated with the latest developments in quantitative finance, as well as excellent communication skills to effectively communicate complex ideas to non-technical stakeholders.

Skills: Quantitative Analyst, Finance, Mathematical Modeling, Risk Management, Portfolio Management, Financial Markets
Job industry: Finance


How much does Quantitative Analyst Finance make?

Salary details
How much does Quantitative Analyst Finance make?
Estimated Yearly Salary: 1,856,717 KES
Estimated Monthly Salary: 154,726 KES
Estimated Weekly Salary: 35,706 KES per week
Estimated Hourly Salary: 893 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 1,798,040 KES
Estimated Monthly Salary: 149,837 KES
Estimated Weekly Salary: 34,578 KES per week
Estimated Hourly Salary: 864 KES per hour
Last revision of data: 2024-01-02



Quantitative Analyst Finance estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 11,743 USD
Estimated Monthly Salary: 979 USD
Estimated Weekly Salary: 226 USD per week
Estimated Hourly Salary: 6 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

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 Quantitative Analyst Finance job salary compared to average salary in Kenya.
Comparison shows that a person working as Quantitative Analyst Finance in Kenya earns on average:
2.14 times the average salary (or 214% of average salary).

Is Quantitative Analyst Finance a well paid job?

Yes, our data show that Quantitative Analyst Finance 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 Analyst Finance?

High salary for Quantitative Analyst Finance would be somewhere between 2,042,389 KES and 2,692,240 KES. However this is an estimation based on Gaussian Distribution.

How much can you save working as Quantitative Analyst Finance 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: 1,856,717 KES
Estimated Monthly Salary: 154,726 KES
Estimated Weekly Salary: 35,706 KES per week
Estimated Hourly Salary: 893 KES per hour
By working as Quantitative Analyst Finance a person can save up to 739 USD per month or 8,863 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 Quantitative Analyst Finance

Ethiopia is 3,759 USDdown arrow 68%
Details on Quantitative Analyst Finance salary in Ethiopia
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 Kenya

(9,866,711 KES per year, pre-tax.)
(8,249,858 KES per year, pre-tax.)
(7,939,285 KES per year, pre-tax.)
(7,706,816 KES per year, pre-tax.)
(7,676,980 KES per year, pre-tax.)
(7,545,448 KES per year, pre-tax.)
(7,519,239 KES per year, pre-tax.)
(7,514,557 KES per year, pre-tax.)
(7,503,914 KES per year, pre-tax.)
(7,503,863 KES per year, pre-tax.)

Data as of 2025

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