Home > Salary > Qatar > Quantitative Analyst
A quantitative analyst is a professional who applies mathematical and statistical techniques to solve complex financial problems. They work in various industries, including finance, banking, insurance, and investment firms. Their primary role is to develop and implement mathematical models and algorithms to analyze and predict market trends, evaluate investment opportunities, and manage risk.
Quantitative analysts use their expertise in mathematics, statistics, and computer programming to collect and analyze large sets of data. They develop and test mathematical models to assess the performance of financial instruments, create trading strategies, and optimize investment portfolios. They also provide recommendations and insights to traders, portfolio managers, and senior management based on their quantitative analysis.
Estimated Yearly Salary: 479,667 QAR
Estimated Monthly Salary: 39,972 QAR
Estimated Weekly Salary: 9,224 QAR per week
Estimated Hourly Salary: 231 QAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 38,679 QAR
Estimated Weekly Salary: 8,926 QAR per week
Estimated Hourly Salary: 223 QAR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 120,389 USD
Estimated Monthly Salary: 10,032 USD
Estimated Weekly Salary: 2,315 USD per week
Estimated Hourly Salary: 58 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: 479,667 QAR
Estimated Monthly Salary: 39,972 QAR
Estimated Weekly Salary: 9,224 QAR per week
Estimated Hourly Salary: 231 QAR per hour
By working as Quantitative Analyst a person can save up to 7,212 USD per month or 86,549 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 Qatar, see costs of living in Qatar.
Estimated Yearly Salary for Quantitative Analyst
United Arab Emirates is 83,621 USD
31%
Details on Quantitative Analyst salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Quantitative Analyst salary in Qatar
Average Yearly Salary of Quantitative Analyst in Qatar is approximately 479,667 QAR (120,389 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 do?
A quantitative analyst is a professional who applies mathematical and statistical techniques to solve complex financial problems. They work in various industries, including finance, banking, insurance, and investment firms. Their primary role is to develop and implement mathematical models and algorithms to analyze and predict market trends, evaluate investment opportunities, and manage risk.
Quantitative analysts use their expertise in mathematics, statistics, and computer programming to collect and analyze large sets of data. They develop and test mathematical models to assess the performance of financial instruments, create trading strategies, and optimize investment portfolios. They also provide recommendations and insights to traders, portfolio managers, and senior management based on their quantitative analysis.
Skills: Quantitative analyst, Mathematical modeling, Statistical analysis, Risk management, Financial forecasting, Investment strategy
Job industry: Finance
Job industry: Finance
How much does Quantitative Analyst make?
Salary details
How much does Quantitative Analyst make?Estimated Yearly Salary: 479,667 QAR
Estimated Monthly Salary: 39,972 QAR
Estimated Weekly Salary: 9,224 QAR per week
Estimated Hourly Salary: 231 QAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 464,144 QAREstimated Monthly Salary: 38,679 QAR
Estimated Weekly Salary: 8,926 QAR per week
Estimated Hourly Salary: 223 QAR per hour
Last revision of data: 2024-01-02Quantitative Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 120,389 USD
Estimated Monthly Salary: 10,032 USD
Estimated Weekly Salary: 2,315 USD per week
Estimated Hourly Salary: 58 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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Country:
Salary comparison to National average
Qatar, a sovereign country located in the Middle East, is known for its rich culture and rapid development. With a population of approximately 2.8 million people, Qatar is a relatively small nation. Its total land area covers around 11,586 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst job salary compared to average salary in Qatar.
Comparison shows that a person working as Quantitative Analyst in Qatar earns on average:
1.87 times the average salary (or 187% of average salary).
Estimated national average yearly salary is 256,620 QAR (70,500 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst job salary compared to average salary in Qatar.
Comparison shows that a person working as Quantitative Analyst in Qatar earns on average:
1.87 times the average salary (or 187% of average salary).
Is Quantitative Analyst a well paid job?
Yes, our data shows that Quantitative Analyst 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?
High salary for Quantitative Analyst would be somewhere between 527,634 QAR and 695,517 QAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst in Qatar?
Living in Qatar the approximate monthly expenses are: 2,820 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: 479,667 QAR
Estimated Monthly Salary: 39,972 QAR
Estimated Weekly Salary: 9,224 QAR per week
Estimated Hourly Salary: 231 QAR per hour
By working as Quantitative Analyst a person can save up to 7,212 USD per month or 86,549 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 Qatar, see costs of living in Qatar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Iran. 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
Saudi Arabia is 47,056 USDUnited Arab Emirates is 83,621 USD 31%Details on Quantitative Analyst salary in United Arab Emirates
Bahrain is 30,467 USD
Kuwait is 22,898 USD
Iran is 13,466 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 Qatar
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5. Neurosurgeon
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7. Urologist
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Data as of 2025Random salary:
Assistant loan officer (184,289 QAR per year, pre-tax.)
Echo technologist (300,245 QAR per year, pre-tax.)
Histocompatibility technologist (243,789 QAR per year, pre-tax.)
Cost clerk (149,655 QAR per year, pre-tax.)
Admissions manager (222,214 QAR per year, pre-tax.)
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optisalary.com offers salary estimates for educational purposes exclusively. While we gather data from multiple providers, we do not ensure absolute reliability. Users are advised to review trusted platforms before making any career decisions. Salaries fluctuate due to various elements, such as experience, industry trends, and negotiation tactics. We cannot provide guarantee regarding the correctness of the displayed salary figures. Your continued access of this site indicates your understanding of these terms.