Data Scientist Salary in Frankfurt (2026)
Data scientists in Frankfurt earn €60,000–€100,000 per year, with a median around €78,000. Frankfurt's data science market has a clear financial bent — the dominant use cases are risk modeling, fraud detection, regulatory analytics, credit scoring, and algorithmic trading research. Domain knowledge in finance commands a significant premium.
Key Facts
- Data scientists in Frankfurt earn €60K–€100K/year with a median of €78K
- Financial domain knowledge adds a significant premium over generalist roles
- Risk modeling, fraud detection, and regulatory analytics are top use cases
- Banks pay €80K–€100K for data scientists with financial expertise
- Quantitative hedge funds in Frankfurt pay at the top of the range
Salary by Experience Level
- Junior (0–2 years): €48,000–€62,000
- Mid-level (3–5 years): €62,000–€82,000
- Senior (6+ years): €82,000–€100,000
The Finance Data Science Premium
A data scientist who understands credit risk models, Value at Risk calculations, or regulatory reporting requirements is significantly more valuable in Frankfurt than a generalist. Banks pay €80,000–€100,000 for mid-to-senior data scientists with financial domain expertise — above comparable roles in Berlin's e-commerce or adtech scene.
Tools & Skills Landscape
While Berlin data scientists work mainly in Python/pandas/scikit-learn, Frankfurt teams often combine SAS, R, SQL-heavy pipelines, and proprietary risk engines alongside modern ML stacks. Knowledge of both worlds — modern ML frameworks and legacy financial systems — is a career accelerator.
Key Employers
Deutsche Bank's AI research group, Commerzbank's data analytics division, ECB's statistical and monetary policy teams, Deutsche Börse's market data unit, and a growing number of quantitative hedge funds and asset managers.
Top Hiring Companies
Career Advice
To maximize your value in Frankfurt, combine modern ML skills (Python, deep learning, NLP) with financial domain knowledge. Understanding credit risk, Basel III/IV compliance, or trading analytics will set you apart. The ECB's statistical teams offer exceptional work on eurozone-level economic modeling. Consider a CFA or FRM certification to signal finance credibility.
Data Scientist Insights — Frankfurt
Data Scientist salaries in Frankfurt range from €60,000 to €100,000, a 51% spread that reflects significant variation based on experience level, specialization, and company size. The median of €78,000 sits below the midpoint, suggesting more positions cluster toward the entry-to-mid-level end of the range.
Frankfurt's cost of living index of 78/100 makes it one of the more expensive locations for tech professionals. While the €78,000 median is competitive, housing and daily expenses consume a larger share of income compared to lower-cost cities.
The hiring landscape for data scientist in Frankfurt is anchored by employers like Deutsche Bank, Commerzbank, and ECB, along with 2 other notable employers. These employers offer competitive packages that generally align with market rates, with differentiation coming through benefits, growth opportunities, and work flexibility.
Demand for data scientist in Frankfurt centers around expertise in Python, Machine Learning, SQL, plus 2 other core competencies. Candidates with strong proficiency across these areas tend to command offers closer to the €100,000 ceiling, and have natural transition paths into roles like Senior Data Scientist or ML Engineer.
Related Roles in Frankfurt
Explore salary information for similar positions and compare compensation across different roles.
| Role | Location | Salary Range | Median |
|---|---|---|---|
| Senior Data Engineer | Frankfurt | €78,000 - €115,000 | €88,000 |
| Data Engineer | Frankfurt | €58,000 - €98,000 | €74,000 |
| Senior Data Scientist | Frankfurt | €82,000 - €120,000 | €91,000 |
| DevOps Engineer | Frankfurt | €60,000 - €100,000 | €76,000 |
| Senior ML Engineer | Frankfurt | €88,000 - €130,000 | €99,000 |
| Software Engineer |
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Frequently Asked Questions
What is the average data scientist salary in Frankfurt?
Data scientists in Frankfurt earn €60,000–€100,000 per year, with a median of €78,000. Junior roles start at €48,000–€62,000, mid-level positions pay €62,000–€82,000, and senior data scientists with financial domain expertise earn €82,000–€100,000.
What skills do data scientists need in Frankfurt?
Python, SQL, and machine learning fundamentals are essential. Frankfurt-specific skills include risk modeling (credit risk, VaR), regulatory analytics (Basel III/IV), SAS/R for legacy systems, and statistical modeling. Deep learning for NLP (financial document processing) and time series analysis are increasingly valued.
Is Frankfurt or Berlin better for data science careers?
Frankfurt pays €5K–€10K more at median and offers deeper finance specialization. Berlin has a larger, more diverse market with more startup and e-commerce roles. If you want to specialize in financial data science, Frankfurt is ideal. For breadth of opportunity, Berlin wins.
Do I need a PhD for data science roles in Frankfurt?
Not for most roles. A Master's in a quantitative field is sufficient for bank and fintech positions. PhDs are preferred at quantitative hedge funds, ECB research teams, and Deutsche Bank's AI research group. Strong practical ML skills and financial domain knowledge matter more than academic credentials at most employers.
How are data science teams structured at Frankfurt banks?
Large banks typically have central data science teams (50–200 people) plus embedded data scientists in business units (risk, trading, compliance). You may work on both greenfield ML projects and integration with legacy risk engines. Teams use a mix of Python, SAS, R, and SQL. Deployment cycles are longer than startups due to model validation and regulatory review.
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