Average Portfolio Manager Salary in Egypt for 2024

In this article, we will look at the average Portfolio Manager salary for 2024 in Egypt 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 Egyptian pound. To keep things simple, we are using the EGP currency code instead of the currency symbol £.

How Much Does a Portfolio Manager Make in Egypt?

A Portfolio Manager working in Egypt will typically earn around 214,000 EGP per year, and this can range from the lowest average salary of about 114,000 EGP to the highest average salary of 325,800 EGP.

Average Annual Salary
214,000 EGP
Average Monthly Salary
17,833 EGP

Lowest Annual Salary
114,000 EGP
Lowest Monthly Salary
9,500 EGP

Highest Annual Salary
325,800 EGP
Highest Monthly Salary
27,150 EGP

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

Portfolio Manager 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 Portfolio Manager Salaries in Egypt

So we've looked at the average salaries a Portfolio Manager will earn in Egypt. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Portfolio Manager can earn between 114,000 EGP and 325,800 EGP on average in Egypt. 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 Portfolio Manager in Egypt is 195,200 EGP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 195,200 EGP, and 50% of the population earn more than 195,200 EGP.

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 Portfolio Manager salary in Egypt, 25% of the population are earning less than 138,800 EGP while 75% of the population earn more than 138,800 EGP.

75% of the population earn less than 239,000 EGP, and 25% of the population earn more than 239,000 EGP.

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.

Portfolio Manager Salary by Experience Level in Egypt

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 portfolio manager 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 Portfolio Manager in Egypt that has less than two years of experience can expect to earn somewhere in the region of 136,100 EGP.
  • 2 - 5 Years Experience. With two to five years of experience the average Portfolio Manager salary would increase to 172,200 EGP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Portfolio Manager, the average salary would be 225,700 EGP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 263,900 EGP.
  • 15 - 20 Years Experience. A Portfolio Manager with 15 to 20 years of experience can earn an average of 292,000 EGP.
  • 20+ Years Experience. For a Portfolio Manager with more than 20 years, the expected average salary increases to 312,400 EGP.

Average Salary by Experience Chart

0-2 Years
136,100 EGP
2-5 Years +26%
172,200 EGP
5-10 Years +32%
225,700 EGP
10-15 Years +18%
263,900 EGP
15-20 Years +11%
292,000 EGP
20+ Years +6%
312,400 EGP

Portfolio Manager Salary by Education Level in Egypt

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 Portfolio Manager in Egypt based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Portfolio Manager in Egypt with a high school education can earn an average salary of 161,600 EGP.

  • Certificate or Diploma. A Portfolio Manager in Egypt with a certificate or diploma education can earn an average salary of 185,100 EGP.

  • Bachelor's Degree. A Portfolio Manager in Egypt with a bachelor's degree education can earn an average salary of 240,500 EGP.

  • Master's Degree. A Portfolio Manager in Egypt with a master's degree education can earn an average salary of 301,300 EGP.

Average Salary by Education Chart

High School
161,600 EGP
Certificate or Diploma +13%
185,100 EGP
Bachelor's Degree +32%
240,500 EGP
Master's Degree +24%
301,300 EGP

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 Egypt is around 46,000 to 138,000 EGP 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.

Portfolio Manager 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 Egypt, a male portfolio manager will earn an average of 222,300 EGP, while a female portfolio manager will earn around 204,700 EGP.

This means that a male portfolio manager earns approximately 9% more than a female portfolio manager for performing the same job.

Average Salary by Gender Chart in Egypt

Male
222,300 EGP
Female -9%
204,700 EGP

Portfolio Manager Average Pay Raise in Egypt

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 Portfolio Manager in Egypt is around 13% every 19 months.

The national average pay raise across all professions and industries in Egypt is around 9% every 17 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 = ( 13 ÷ 19 ) × 12  = 8%

What this means is that a Portfolio Manager in Egypt can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Egypt for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Portfolio Manager Bonus and Incentive Rates in Egypt

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 Portfolio Manager is a high bonus based job, with 77% of employees reporting at least one bonus in the last 12 months.

23% 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 6% to 7%.

Received Bonus
77%
No Bonus
23%

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 Egypt earn approximately 7% more than private sector employees in the same role.

Public Sector
114,380 EGP
Private Sector -7%
106,600 EGP

Salaries for Jobs Similar to a Portfolio Manager

In the table below, we have salary information for jobs that are similar to a Portfolio Manager in Egypt.

Job Title Category Salary
Acquisition Associate Real Estate 89,120 EGP
Assistant Leasing Manager Real Estate 114,820 EGP
Assistant Property Manager Real Estate 118,380 EGP
Brokerage Real Estate 88,480 EGP
Brokerage Clerk Real Estate 46,160 EGP
Commercial Leasing Manager Real Estate 175,900 EGP
Commercial Real Estate Manager Real Estate 200,000 EGP
Community Development Manager Real Estate 169,000 EGP
Compliance Specialist Real Estate 85,460 EGP
Development Coordinator Real Estate 87,940 EGP
Director of Real Estate Real Estate 209,500 EGP
Lease Administrator Real Estate 109,740 EGP
Leasing Agent Real Estate 94,400 EGP
Leasing Consultant Real Estate 106,960 EGP
Leasing Manager Real Estate 119,700 EGP
Lettings Assistant Real Estate 45,000 EGP
Portfolio Analyst Real Estate 148,300 EGP
Property Acquisition Agent Real Estate 78,940 EGP
Property and Claims Specialist Real Estate 113,560 EGP
Property Manager Real Estate 129,000 EGP
Property Operations Manager Real Estate 195,200 EGP
Property Tax Assistant Real Estate 92,300 EGP
Real Estate Administrator Real Estate 96,960 EGP
Real Estate Agent Real Estate 96,960 EGP
Real Estate Analyst Real Estate 115,620 EGP
Real Estate Appraiser Real Estate 93,880 EGP
Real Estate Appraiser Real Estate 96,540 EGP
Real Estate Appraiser Real Estate 99,220 EGP
Real Estate Assistant Real Estate 91,520 EGP
Real Estate Association Manager Real Estate 124,400 EGP
Real Estate Broker Real Estate 86,420 EGP
Real Estate General Manager Real Estate 180,300 EGP
Real Estate Project Director Real Estate 172,200 EGP
Real Estate Project Manager Real Estate 163,800 EGP
Real Estate Sales Agent Real Estate 93,120 EGP
Real Estate Valuer Real Estate 97,760 EGP
Research Analyst Real Estate 85,440 EGP
Residential Advisor Real Estate 107,820 EGP
Residential Property Manager Real Estate 128,900 EGP
Shopping Center Manager Real Estate 187,300 EGP
Town Planner Real Estate 183,700 EGP

Salary Comparison by City

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

City Average Salary
Alexandria 209,700 EGP
Cairo 222,300 EGP
Sharm el-Sheikh 190,500 EGP

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  • "Average Portfolio Manager Salary in Egypt for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-portfolio-manager-salary-in-egypt/.

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