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Financial Quantitative Analyst salary in Uganda

Average Yearly Salary of Financial Quantitative Analyst in Uganda is approximately 9,307,318 UGX (2,383 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?

occupation personasA 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


How much does Financial Quantitative Analyst make?

Salary details
How much does Financial Quantitative Analyst make?
Estimated Yearly Salary: 9,307,318 UGX
Estimated Monthly Salary: 775,610 UGX
Estimated Weekly Salary: 178,987 UGX per week
Estimated Hourly Salary: 4,475 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 9,007,033 UGX
Estimated Monthly Salary: 750,586 UGX
Estimated Weekly Salary: 173,212 UGX per week
Estimated Hourly Salary: 4,330 UGX per hour
Last revision of data: 2024-01-02



Financial Quantitative Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 2,383 USD
Estimated Monthly Salary: 199 USD
Estimated Weekly Salary: 46 USD per week
Estimated Hourly Salary: 1 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

Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.

Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Financial Quantitative Analyst job salary compared to average salary in Uganda.
Comparison shows that a person working as Financial Quantitative Analyst in Uganda earns on average:
2.08 times the average salary (or 208% 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 10,238,050 UGX and 13,495,611 UGX. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Quantitative Analyst in Uganda?

Living in Uganda the approximate monthly expenses are: 50 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: 9,307,318 UGX
Estimated Monthly Salary: 775,610 UGX
Estimated Weekly Salary: 178,987 UGX per week
Estimated Hourly Salary: 4,475 UGX per hour
By working as Financial Quantitative Analyst a person can save up to 149 USD per month or 1,783 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 Uganda, see costs of living in Uganda.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania.
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

Kenya is 11,433 USDup arrow 380%
Details on Financial Quantitative Analyst salary in Kenya
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 Uganda

(50,940,232 UGX per year, pre-tax.)
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)

Data as of 2025

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Please note:
The salary data presented here are intended for informational purposes only.
This website aggregates salary data for educational purposes only. While we endeavor to deliver accurate estimates, we do not ensure their full precision. Users are highly encouraged to consult other databases before making financial plans. Salary amounts vary based on several conditions, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the validity of the provided information. Your access of this site acknowledges acceptance of this disclaimer.
The salary data on this site is designed for informational purposes only. We provide salary insights based on multiple sources, but do not guarantee complete accuracy. Users should always verify salary details with other trusted sources before making financial choices. Fluctuations in salary figures may arise due to various factors, including company policies, market demand, and individual skills. We do not offer any guarantee regarding the entirety of the provided salary data. Use of optisalary.com constitutes acceptance of these terms.