Home > Salary > Norway > Financial Quantitative Analyst
A financial quantitative analyst is a professional who applies mathematical and statistical methods to financial data in order to develop models, strategies, and recommendations for investment decisions. They analyze market trends, historical data, and economic indicators to identify patterns and predict future outcomes. Using their expertise in quantitative techniques, they build complex financial models that help evaluate risks and returns, optimize portfolios, and develop trading strategies. They also perform risk assessment and stress testing to ensure the stability and profitability of investment portfolios. Financial quantitative analysts work in various financial institutions such as banks, hedge funds, asset management firms, and insurance companies.
Estimated Yearly Salary: 1,998,697 NOK
Estimated Monthly Salary: 166,558 NOK
Estimated Weekly Salary: 38,436 NOK per week
Estimated Hourly Salary: 961 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 161,277 NOK
Estimated Weekly Salary: 37,218 NOK per week
Estimated Hourly Salary: 930 NOK per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 181,620 USD
Estimated Monthly Salary: 15,135 USD
Estimated Weekly Salary: 3,493 USD per week
Estimated Hourly Salary: 87 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: 1,998,697 NOK
Estimated Monthly Salary: 166,558 NOK
Estimated Weekly Salary: 38,436 NOK per week
Estimated Hourly Salary: 961 NOK per hour
By working as Financial Quantitative Analyst a person can save up to 11,315 USD per month or 135,775 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Financial Quantitative Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Financial Quantitative Analyst salary in Norway
Average Yearly Salary of Financial Quantitative Analyst in Norway is approximately 1,998,697 NOK (181,620 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 Quantitative Analyst do?
A financial quantitative analyst is a professional who applies mathematical and statistical methods to financial data in order to develop models, strategies, and recommendations for investment decisions. They analyze market trends, historical data, and economic indicators to identify patterns and predict future outcomes. Using their expertise in quantitative techniques, they build complex financial models that help evaluate risks and returns, optimize portfolios, and develop trading strategies. They also perform risk assessment and stress testing to ensure the stability and profitability of investment portfolios. Financial quantitative analysts work in various financial institutions such as banks, hedge funds, asset management firms, and insurance companies.Skills: Financial analysis, Quantitative modeling, Risk assessment, Investment strategies, Portfolio optimization, Statistical analysis.
Job industry: Finance
Job industry: Finance
How much does Financial Quantitative Analyst make?
Salary details
How much does Financial Quantitative Analyst make?Estimated Yearly Salary: 1,998,697 NOK
Estimated Monthly Salary: 166,558 NOK
Estimated Weekly Salary: 38,436 NOK per week
Estimated Hourly Salary: 961 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,935,329 NOKEstimated Monthly Salary: 161,277 NOK
Estimated Weekly Salary: 37,218 NOK per week
Estimated Hourly Salary: 930 NOK per hour
Last revision of data: 2024-01-02Financial Quantitative Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 181,620 USD
Estimated Monthly Salary: 15,135 USD
Estimated Weekly Salary: 3,493 USD per week
Estimated Hourly Salary: 87 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
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Financial Quantitative Analyst job salary compared to average salary in Norway.
Comparison shows that a person working as Financial Quantitative Analyst in Norway earns on average:
2.05 times the average salary (or 205% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Financial Quantitative Analyst job salary compared to average salary in Norway.
Comparison shows that a person working as Financial Quantitative Analyst in Norway earns on average:
2.05 times the average salary (or 205% of average salary).
Is Financial Quantitative Analyst a well paid job?
Yes, our data show that Financial Quantitative Analyst 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 Quantitative Analyst?
High salary for Financial Quantitative Analyst would be somewhere between 2,198,567 NOK and 2,898,111 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Quantitative Analyst in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 1,998,697 NOK
Estimated Monthly Salary: 166,558 NOK
Estimated Weekly Salary: 38,436 NOK per week
Estimated Hourly Salary: 961 NOK per hour
By working as Financial Quantitative Analyst a person can save up to 11,315 USD per month or 135,775 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. 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 Quantitative Analyst
Sweden is 119,937 USD
Finland is 103,281 USD
Russia is 24,422 USD
Denmark is 139,612 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
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4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Senior environmental consultant (1,504,680 NOK per year, pre-tax.)
Offshore cook (459,225 NOK per year, pre-tax.)
Technical recruiter (1,276,180 NOK per year, pre-tax.)
Orthotic fitter (710,006 NOK per year, pre-tax.)
Service clerk (458,062 NOK per year, pre-tax.)
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