Home > Salary > Morocco > Quantitative Analyst Research
A quantitative analyst researches and develops mathematical models, algorithms, and statistical methods to solve complex financial and business problems. They work primarily in the finance industry, assisting investment firms, banks, and hedge funds in making informed decisions and managing risk.
Quantitative analysts analyze large datasets using statistical software and programming languages to identify patterns and trends. They design and implement mathematical models to evaluate investment strategies, assess portfolio risk, and optimize trading algorithms. They also conduct market research to identify potential investment opportunities and evaluate the performance of existing portfolios.
Key responsibilities of a quantitative analyst include data collection and validation, model development and validation, backtesting trading strategies, and producing reports and presentations for senior management. They collaborate with traders, portfolio managers, and other stakeholders to provide quantitative insights and recommendations.
Estimated Yearly Salary: 289,192 MAD
Estimated Monthly Salary: 24,099 MAD
Estimated Weekly Salary: 5,561 MAD per week
Estimated Hourly Salary: 139 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 23,231 MAD
Estimated Weekly Salary: 5,361 MAD per week
Estimated Hourly Salary: 134 MAD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 26,212 USD
Estimated Monthly Salary: 2,184 USD
Estimated Weekly Salary: 504 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 289,192 MAD
Estimated Monthly Salary: 24,099 MAD
Estimated Weekly Salary: 5,561 MAD per week
Estimated Hourly Salary: 139 MAD per hour
By working as Quantitative Analyst Research a person can save up to 1,584 USD per month or 19,012 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 Morocco, see costs of living in Morocco.
Estimated Yearly Salary for Quantitative Analyst Research
Last revision of data: 2025-01-04
Data as of 2025
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Quantitative Analyst Research salary in Morocco
Average Yearly Salary of Quantitative Analyst Research in Morocco is approximately 289,192 MAD (26,212 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 Research do?

Skills: Quantitative analyst, Financial modeling, Risk management, Statistical analysis, Algorithm development, Market research
Job industry: Finance
Job industry: Finance
How much does Quantitative Analyst Research make?
Salary details
How much does Quantitative Analyst Research make?Estimated Yearly Salary: 289,192 MAD
Estimated Monthly Salary: 24,099 MAD
Estimated Weekly Salary: 5,561 MAD per week
Estimated Hourly Salary: 139 MAD per hour
Comparing salary to last year:
Estimated Yearly Salary: 278,773 MADEstimated Monthly Salary: 23,231 MAD
Estimated Weekly Salary: 5,361 MAD per week
Estimated Hourly Salary: 134 MAD per hour
Quantitative Analyst Research estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 26,212 USD
Estimated Monthly Salary: 2,184 USD
Estimated Weekly Salary: 504 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Morocco is a country located in North Africa. It has a population of approximately 36 million people and covers an area of about 446,550 square kilometers. The country is known for its diverse landscapes, including the Atlas Mountains, Sahara Desert, and coastal regions.
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Research job salary compared to average salary in Morocco.
Comparison shows that a person working as Quantitative Analyst Research in Morocco earns on average:
1.93 times the average salary (or 193% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Research job salary compared to average salary in Morocco.
Comparison shows that a person working as Quantitative Analyst Research in Morocco earns on average:
1.93 times the average salary (or 193% of average salary).
Is Quantitative Analyst Research a well paid job?
Yes, our data shows that Quantitative Analyst Research 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 Quantitative Analyst Research?
High salary for Quantitative Analyst Research would be somewhere between 318,111 MAD and 419,328 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst Research in Morocco?
Living in Morocco the approximate monthly expenses are: 600 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: 289,192 MAD
Estimated Monthly Salary: 24,099 MAD
Estimated Weekly Salary: 5,561 MAD per week
Estimated Hourly Salary: 139 MAD per hour
By working as Quantitative Analyst Research a person can save up to 1,584 USD per month or 19,012 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 Morocco, see costs of living in Morocco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Algeria, Western Sahara, Spain. 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 Research
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Morocco
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4. Neurosurgeon
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(1,312,948 MAD per year, pre-tax.)
(1,311,162 MAD per year, pre-tax.)
(1,309,794 MAD per year, pre-tax.)
9. Urologist
(1,309,746 MAD per year, pre-tax.)
(1,308,087 MAD per year, pre-tax.)
Random salary:
Broadway singer (261,104 MAD per year, pre-tax.)
Computer numerically controlled (cnc), machinist (131,296 MAD per year, pre-tax.)
Data entry clerk 1 (95,197 MAD per year, pre-tax.)
Retail store manager (133,500 MAD per year, pre-tax.)
Senior business development manager (346,720 MAD per year, pre-tax.)
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