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Quantitative Analysis Director salary in Turkey

Average Yearly Salary of Quantitative Analysis Director in Turkey is approximately 614,449 TRY (32,500 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: 614,449 TRY
Estimated Monthly Salary: 51,204 TRY
Estimated Weekly Salary: 11,816 TRY per week
Estimated Hourly Salary: 295 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 594,358 TRY
Estimated Monthly Salary: 49,530 TRY
Estimated Weekly Salary: 11,430 TRY per week
Estimated Hourly Salary: 286 TRY per hour
Last revision of data: 2024-01-05



Quantitative Analysis Director estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 32,500 USD
Estimated Monthly Salary: 2,708 USD
Estimated Weekly Salary: 625 USD per week
Estimated Hourly Salary: 16 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

Turkey, officially known as the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeast Europe. It has a population of approximately 82 million people, making it one of the most populous countries in the world. The land area of Turkey is about 783,356 square kilometers, making it larger than many European countries.

Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analysis Director job salary compared to average salary in Turkey.
Comparison shows that a person working as Quantitative Analysis Director in Turkey earns on average:
3.36 times the average salary (or 336% 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 675,894 TRY and 890,951 TRY. However this is an estimation based on Gaussian Distribution.

How much can you save working as Quantitative Analysis Director in Turkey?

Living in Turkey the approximate monthly expenses are: 424 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: 614,449 TRY
Estimated Monthly Salary: 51,204 TRY
Estimated Weekly Salary: 11,816 TRY per week
Estimated Hourly Salary: 295 TRY per hour
By working as Quantitative Analysis Director a person can save up to 2,285 USD per month or 27,417 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 Turkey, see costs of living in Turkey.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria..
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

Greece is 66,688 USDup arrow 105%
Details on Quantitative Analysis Director salary in Greece
Iran is 24,121 USDdown arrow 26%
Details on Quantitative Analysis Director salary in Iran
Iraq is 18,299 USDdown arrow 44%
Details on Quantitative Analysis Director salary in Iraq
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 Turkey

(2,099,459 TRY per year, pre-tax.)
(1,754,102 TRY per year, pre-tax.)
(1,691,394 TRY per year, pre-tax.)
(1,640,570 TRY per year, pre-tax.)
(1,632,934 TRY per year, pre-tax.)
(1,598,581 TRY per year, pre-tax.)
(1,595,801 TRY per year, pre-tax.)
(1,594,037 TRY per year, pre-tax.)
(1,593,001 TRY per year, pre-tax.)
(1,592,836 TRY per year, pre-tax.)

Data as of 2025

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