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Quantitative Analysis Director salary in Norway

Average Yearly Salary of Quantitative Analysis Director in Norway is approximately 3,213,397 NOK (293,097 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 Analysis Director do?

occupation personasA Quantitative Analysis Director is responsible for leading a team of quantitative analysts and overseeing the development and implementation of data-driven models and strategies. They work in various industries such as finance, marketing, and technology, utilizing statistical techniques and mathematical models to analyze large datasets and derive insights. Their primary role involves designing and executing quantitative research projects, managing data collection and analysis processes, and presenting findings to senior management. They collaborate with cross-functional teams to identify business opportunities, optimize processes, and enhance decision-making. A Quantitative Analysis Director stays updated with industry trends, emerging technologies, and regulatory requirements to ensure the accuracy and integrity of analytical models. They possess strong analytical and problem-solving skills, proficiency in programming languages and statistical software, and excellent communication skills to effectively convey complex concepts to non-technical stakeholders.

Skills: Quantitative Analysis, Data Analysis, Statistical Modeling, Decision-making, Leadership, Cross-functional Collaboration
Job industry: Finance


How much does Quantitative Analysis Director make?

Salary details
How much does Quantitative Analysis Director make?
Estimated Yearly Salary: 3,213,397 NOK
Estimated Monthly Salary: 267,783 NOK
Estimated Weekly Salary: 61,796 NOK per week
Estimated Hourly Salary: 1,545 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 3,103,397 NOK
Estimated Monthly Salary: 258,616 NOK
Estimated Weekly Salary: 59,681 NOK per week
Estimated Hourly Salary: 1,492 NOK per hour
Last revision of data: 2024-01-09



Quantitative Analysis Director estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 293,097 USD
Estimated Monthly Salary: 24,425 USD
Estimated Weekly Salary: 5,636 USD per week
Estimated Hourly Salary: 141 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

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

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 Quantitative Analysis Director job salary compared to average salary in Norway.
Comparison shows that a person working as Quantitative Analysis Director in Norway earns on average:
3.29 times the average salary (or 329% of average salary).

Is Quantitative Analysis Director a well paid job?

Yes, our data show that Quantitative Analysis Director 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 Analysis Director?

High salary for Quantitative Analysis Director would be somewhere between 3,534,737 NOK and 4,659,426 NOK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Quantitative Analysis Director 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: 3,213,397 NOK
Estimated Monthly Salary: 267,783 NOK
Estimated Weekly Salary: 61,796 NOK per week
Estimated Hourly Salary: 1,545 NOK per hour
By working as Quantitative Analysis Director a person can save up to 20,604 USD per month or 247,252 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 Quantitative Analysis Director

Sweden is 192,424 USDdown arrow 34%
Details on Quantitative Analysis Director salary in Sweden
Finland is 166,480 USDdown arrow 43%
Details on Quantitative Analysis Director salary in Finland
Russia is 39,163 USDdown arrow 87%
Details on Quantitative Analysis Director salary in Russia
Denmark is 224,373 USDdown arrow 23%
Details on Quantitative Analysis Director salary in Denmark
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 Norway

(10,937,756 NOK per year, pre-tax.)
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
(8,361,766 NOK per year, pre-tax.)
(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 2025

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Salary details displayed on optisalary.com are meant for reference use only. Our data comes from various inputs and may not always be up to date. Users must verify salary information through other means before making employment decisions. The figures listed here may change due to factors such as location, industry standards, and individual skill sets. We do not guarantee that the information displayed is flawless. By using optisalary.com, you agree that salary information is offered 'as is' and without warranties.
Salary details displayed on optisalary.com are intended for informational use exclusively. Our data comes from various sources and may not always be accurate. Users must verify salary information independently before making employment commitments. The figures listed here may fluctuate due to variables such as location, industry standards, and individual skill sets. We cannot guarantee that the data displayed is flawless. By accessing optisalary.com, you agree that salary information is presented 'as is' and without assurances.