Quantitative Analyst Salary in South Africa
The average monthly salary for a Quantitative Analyst in South Africa is R525 000. This finance profession offers competitive compensation with salaries ranging from R64 583 to R850 000 monthly. With a 10% growth rate and very high market demand, this career path presents excellent opportunities for professionals seeking advancement in the finance sector.
Quantitative Analyst Salary Breakdown
A Quantitative Analyst, or 'Quant,' applies advanced mathematical and statistical methods to financial and risk management problems. This role involves developing complex models for pricing financial instruments, predicting market trends, and assessing risk exposures. Quants often work in investment banks, hedge funds, and other financial institutions, driving data-driven decisions and strategies.
Salary Component | Amount (Monthly) |
---|---|
Minimum Salary | R64 583 |
Average Salary | R525 000 |
Maximum Salary | R850 000 |
Category | Finance |
Growth Rate | 10% |
Market Demand | Very High |