Average Bank Quantitative Analyst Salary in Beira, Mozambique for 2026

In this article, we will look at the average Bank Quantitative Analyst salary for 2026 in Beira and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mozambican metical. To keep things simple, we are using the MZN currency code instead of the currency symbol MT.

How Much Does a Bank Quantitative Analyst Make in Beira?

A Bank Quantitative Analyst working in Beira will typically earn around 501,400 MZN per year, and this can range from the lowest average salary of about 237,400 MZN to the highest average salary of 792,900 MZN.

Average Annual Salary501,400 MZN
Average Monthly Salary41,783 MZN
Average Lowest Salary237,400 MZN
Lowest Monthly Salary19,783 MZN
Average Highest Salary792,900 MZN
Highest Monthly Salary66,075 MZN

These are average salaries for a Bank Quantitative Analyst in Beira and include benefits such as housing and transport. It's also possible for a Bank Quantitative Analyst to earn more or less than the average salaries shown above.

Bank Quantitative Analyst salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Bank Quantitative Analyst Salaries in Beira

So we've looked at the average salaries a Bank Quantitative Analyst will earn in Beira. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Bank Quantitative Analyst can earn between 237,400 MZN and 792,900 MZN on average in Beira. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Bank Quantitative Analyst in Beira is 531,700 MZN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 531,700 MZN, and 50% of the population earn more than 531,700 MZN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Bank Quantitative Analyst salary in Beira, 25% of the population are earning less than 345,700 MZN while 75% of the population earn more than 345,700 MZN.

75% of the population earn less than 704,300 MZN, and 25% of the population earn more than 704,300 MZN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Bank Quantitative Analyst Salary by Experience Level in Beira

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Bank Quantitative Analyst salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Bank Quantitative Analyst in Beira that has less than two years of experience can expect to earn somewhere in the region of 273,300 MZN.
  • 2 - 5 Years Experience. With two to five years of experience the average Bank Quantitative Analyst salary would increase to 376,800 MZN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bank Quantitative Analyst, the average salary would be 535,800 MZN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 650,700 MZN.
  • 15 - 20 Years Experience. A Bank Quantitative Analyst with 15 to 20 years of experience can earn an average of 689,900 MZN.
  • 20+ Years Experience. For a Bank Quantitative Analyst with more than 20 years, the expected average salary increases to 748,600 MZN.

Average Salary by Experience Chart

0-2 Years-
273,300 MZN
2-5 Years+38%
376,800 MZN
5-10 Years+42%
535,800 MZN
10-15 Years+22%
650,700 MZN
15-20 Years+6%
689,900 MZN
20+ Years+9%
748,600 MZN

Bank Quantitative Analyst Salary by Education Level in Beira

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Bank Quantitative Analyst in Beira based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Bank Quantitative Analyst in Beira with a bachelor's degree education can earn an average salary of 376,800 MZN.
  • Master's Degree. A Bank Quantitative Analyst in Beira with a master's degree education can earn an average salary of 689,900 MZN.

Average Salary by Education Chart

Bachelor's Degree-
376,800 MZN
Master's Degree+83%
689,900 MZN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mozambique is around 201,000 to 603,000 MZN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Bank Quantitative Analyst Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Beira, a male bank quantitative analyst will earn an average of 510,200 MZN, while a female bank quantitative analyst will earn around 462,300 MZN.

This means that a male bank quantitative analyst earns approximately 10% more than a female bank quantitative analyst for performing the same job.

Average Salary by Gender Chart in Beira

Male-
510,200 MZN
Female-10%
462,300 MZN

Bank Quantitative Analyst Average Pay Raise in Beira

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Bank Quantitative Analyst in Beira is around 8% every 28 months.

The national average pay raise across all professions and industries in Mozambique is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Bank Quantitative Analyst in Beira can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Beira for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mozambique.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
3%
Energy-
6%
Information Technology-
9%
Healthcare-
3%
Travel-
6%
Construction-
9%
Education-
3%

Bank Quantitative Analyst Bonus and Incentive Rates in Beira

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Bank Quantitative Analyst is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus-
63%
No Bonus-
37%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mozambique earn approximately 14% more than private sector employees in the same role.

Public Sector-
522,700 MZN
Private Sector-14%
459,700 MZN

Salaries for Jobs Similar to a Bank Quantitative Analyst

In the table below, we have salary information for jobs that are similar to a Bank Quantitative Analyst in Beira.

Job TitleCategorySalary
AML AnalystBanking761,400 MZN
ATM ManagerBanking721,600 MZN
ATM Service TechnicianBanking189,300 MZN
Assistant Bank Branch ManagerBanking605,700 MZN
Assistant Bank ManagerBanking812,900 MZN
Bank Accounts AnalystBanking272,800 MZN
Bank Accounts CollectorBanking175,900 MZN
Bank Accounts ControllerBanking371,100 MZN
Bank Accounts ExecutiveBanking524,400 MZN
Bank Accounts ManagerBanking637,500 MZN
Bank Auditing ManagerBanking637,500 MZN
Bank Branch ManagerBanking870,700 MZN
Bank Branch Operations CoordinatorBanking375,200 MZN
Bank ClerkBanking172,200 MZN
Bank Client Service AssociateBanking225,300 MZN
Bank CollectorBanking176,800 MZN
Bank Compliance SpecialistBanking447,300 MZN
Bank ManagerBanking1,000,700 MZN
Bank Operational Risk ManagerBanking1,016,300 MZN
Bank Operations HeadBanking1,028,300 MZN
Bank Operations OfficerBanking409,000 MZN
Bank Operations SpecialistBanking656,800 MZN
Bank Process ManagerBanking589,400 MZN
Bank Product Manager Banking683,800 MZN
Bank Programme ManagerBanking660,500 MZN
Bank Project ManagerBanking832,300 MZN
Bank Propositions ManagerBanking752,600 MZN
Bank Regional ManagerBanking1,028,300 MZN
Bank Regional Risk OfficerBanking547,800 MZN
Bank Relationship ManagerBanking790,300 MZN
Bank Relationship OfficerBanking361,500 MZN
Bank TellerBanking189,300 MZN
BankerBanking361,500 MZN
Banking Business AnalystBanking535,800 MZN
Banking Business Development OfficerBanking330,700 MZN
Banking Business Planning ExecutiveBanking772,700 MZN
Banking Product ManagerBanking667,400 MZN
Banking Reference Data ManagerBanking587,800 MZN
Banking Risk AnalystBanking535,900 MZN
Banking Technical AnalystBanking286,400 MZN
Bankruptcy CoordinatorBanking369,900 MZN
Bill and Account CollectorBanking180,500 MZN
Budget AnalystBanking524,400 MZN
Capital Risk ManagerBanking1,025,100 MZN
Cards Marketing ManagerBanking639,900 MZN
Cash Management ManagerBanking965,800 MZN
Check Processing ManagerBanking679,200 MZN
Commercial Vault AssociateBanking535,800 MZN
Corporate BankerBanking398,300 MZN
Corporate DealerBanking524,300 MZN
Credit AnalystBanking424,300 MZN
Credit Card Fraud InvestigatorBanking559,000 MZN
Credit Portfolio ManagerBanking945,400 MZN
Credit Risk AnalystBanking592,600 MZN
Credit Risk AssociateBanking553,400 MZN
Credit and Collections ManagerBanking699,700 MZN
Direct Bank Sales RepresentativeBanking363,000 MZN
Exchange Control ConsultantBanking547,800 MZN
Executive Account AnalystBanking519,300 MZN
Financial Bank Planning ConsultantBanking699,700 MZN
Financial Banking Analysis ManagerBanking751,700 MZN
Financial Banking AssistantBanking254,800 MZN
Financial Banking Systems ManagerBanking693,100 MZN
Foreign Exchange ManagerBanking778,200 MZN
Fraud AnalystBanking562,600 MZN
Fraud Detection AssociateBanking363,000 MZN
Fraud Detection ManagerBanking847,000 MZN
Fraud Detection SupervisorBanking462,300 MZN
Internal Bank Audit ManagerBanking955,800 MZN
Internal Bank AuditorBanking531,700 MZN
Internal Private BankerBanking378,300 MZN
International Banking ManagerBanking1,067,500 MZN
Investment Banking AnalystBanking743,100 MZN
Loan AnalystBanking510,300 MZN
Loan Area ManagerBanking658,300 MZN
Loan Audit Team LeaderBanking615,300 MZN
Loan Branch ManagerBanking581,300 MZN
Loan Business Development OfficerBanking327,800 MZN
Loan ClerkBanking181,600 MZN
Loan Collection ManagerBanking643,800 MZN
Loan Collection and Recovery ManagerBanking612,500 MZN
Loan CollectorBanking174,000 MZN
Loan ExaminerBanking218,900 MZN
Loan OfficerBanking197,600 MZN
Loan Processing ManagerBanking572,200 MZN
Loan ProcessorBanking225,300 MZN
Loan Quality Assurance AuditorBanking533,000 MZN
Loan Quality Assurance ManagerBanking619,800 MZN
Loan Quality Assurance RepresentativeBanking394,800 MZN
Loan Review ManagerBanking619,800 MZN
Loan Team LeaderBanking525,700 MZN
Loans ManagerBanking681,500 MZN
Mortgage AdvisorBanking378,800 MZN
Mortgage Collection ManagerBanking606,400 MZN
Mortgage CollectorBanking175,900 MZN
Mortgage Credit AnalystBanking275,200 MZN
Mortgage Credit ManagerBanking603,400 MZN
Mortgage Development ManagerBanking658,300 MZN
Mortgage Document ReviewerBanking233,600 MZN
Mortgage Funding ManagerBanking658,300 MZN
Mortgage Operations ManagerBanking913,400 MZN
Mortgage Payment Processing ClerkBanking209,500 MZN
Mortgage Processing ManagerBanking612,500 MZN
Mortgage ProcessorBanking228,500 MZN
Mortgage Quality Assurance AuditorBanking519,300 MZN
Mortgage Quality Assurance ManagerBanking620,300 MZN
Mortgage Servicing ClerkBanking185,100 MZN
Mortgage Servicing ManagerBanking553,400 MZN
Mortgage UnderwriterBanking221,500 MZN
Online Banking ManagerBanking953,300 MZN
Payment Processing ClerkBanking185,100 MZN
Personal BankerBanking365,400 MZN
Personal Banking Advisor Banking378,300 MZN
Phone BankerBanking253,400 MZN
Private BankerBanking394,800 MZN
Reconciliation and Investigation SpecialistBanking425,100 MZN
Tax OfficerBanking307,400 MZN
TellerBanking174,000 MZN
Trade OfficerBanking225,300 MZN
Trade Product ManagerBanking614,600 MZN
TraderBanking268,900 MZN
Treasury Operations OfficerBanking466,900 MZN

Salary Comparison by City

If you want to compare salaries with different cities in Mozambique, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Maputo562,200 MZN
Matola514,300 MZN
Nampula454,900 MZN

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