A person working as Financial Quantitative Analyst in Turkey typically earns around 9,310 TRY. Salaries range from 4,280 TRY (lowest) to 14,800 TRY (highest).
This is the average salary including housing, transport, and other benefits. Financial Quantitative Analyst salaries in Turkey vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Salaries for the position Financial Quantitative Analyst in Turkey range from 4,280 TRY (starting salary) to 14,800 TRY (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 8,900 TRY, half of the professionals who work as Financial Quantitative Analyst in Turkey earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Financial Quantitative Analyst in Turkey earn less than 7,170 TRY, while 75% earn more. Similarly, the chart shows that 75% earn less than 10,300 TRY while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Financial Quantitative Analyst in Turkey compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,330 TRY to 7,740 TRY. About 20% of salaries are below the 5,330 TRY mark, while 10% fall within the range of 7,740 TRY to 8,830 TRY. Only 5% of individuals have salaries exceeding 8,830 TRY.