Home > Salary > Bolivia > Quantitative Analyst Research
A quantitative analyst researches and develops mathematical models, algorithms, and statistical methods to solve complex financial and business problems. They work primarily in the finance industry, assisting investment firms, banks, and hedge funds in making informed decisions and managing risk.
Quantitative analysts analyze large datasets using statistical software and programming languages to identify patterns and trends. They design and implement mathematical models to evaluate investment strategies, assess portfolio risk, and optimize trading algorithms. They also conduct market research to identify potential investment opportunities and evaluate the performance of existing portfolios.
Key responsibilities of a quantitative analyst include data collection and validation, model development and validation, backtesting trading strategies, and producing reports and presentations for senior management. They collaborate with traders, portfolio managers, and other stakeholders to provide quantitative insights and recommendations.
Estimated Yearly Salary: 6,025 BOB
Estimated Monthly Salary: 502 BOB
Estimated Weekly Salary: 116 BOB per week
Estimated Hourly Salary: 3 BOB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 486 BOB
Estimated Weekly Salary: 112 BOB per week
Estimated Hourly Salary: 3 BOB per hour
Last revision of data: 2024-02-03
Estimated Yearly Salary: 1,081 USD
Estimated Monthly Salary: 90 USD
Estimated Weekly Salary: 21 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 6,025 BOB
Estimated Monthly Salary: 502 BOB
Estimated Weekly Salary: 116 BOB per week
Estimated Hourly Salary: 3 BOB per hour
Our data indicates that by working as Quantitative Analyst Research you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Bolivia, see costs of living in Bolivia.
Estimated Yearly Salary for Quantitative Analyst Research
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Sales planner (3,234 BOB per year, pre-tax.)
Sap business intelligence consultant (5,212 BOB per year, pre-tax.)
Data integration specialist (4,050 BOB per year, pre-tax.)
Proposal writer (4,168 BOB per year, pre-tax.)
Programmer analyst (4,437 BOB per year, pre-tax.)
Quantitative Analyst Research salary in Bolivia
Average Yearly Salary of Quantitative Analyst Research in Bolivia is approximately 6,025 BOB (1,081 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Quantitative Analyst Research do?
A quantitative analyst researches and develops mathematical models, algorithms, and statistical methods to solve complex financial and business problems. They work primarily in the finance industry, assisting investment firms, banks, and hedge funds in making informed decisions and managing risk.
Quantitative analysts analyze large datasets using statistical software and programming languages to identify patterns and trends. They design and implement mathematical models to evaluate investment strategies, assess portfolio risk, and optimize trading algorithms. They also conduct market research to identify potential investment opportunities and evaluate the performance of existing portfolios.
Key responsibilities of a quantitative analyst include data collection and validation, model development and validation, backtesting trading strategies, and producing reports and presentations for senior management. They collaborate with traders, portfolio managers, and other stakeholders to provide quantitative insights and recommendations.
Skills: Quantitative analyst, Financial modeling, Risk management, Statistical analysis, Algorithm development, Market research
Job industry: Finance
Job industry: Finance
How much does Quantitative Analyst Research make?
Salary details
How much does Quantitative Analyst Research make?Estimated Yearly Salary: 6,025 BOB
Estimated Monthly Salary: 502 BOB
Estimated Weekly Salary: 116 BOB per week
Estimated Hourly Salary: 3 BOB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,829 BOBEstimated Monthly Salary: 486 BOB
Estimated Weekly Salary: 112 BOB per week
Estimated Hourly Salary: 3 BOB per hour
Last revision of data: 2024-02-03Quantitative Analyst Research estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,081 USD
Estimated Monthly Salary: 90 USD
Estimated Weekly Salary: 21 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Bolivia, located in South America, is a landlocked country bordered by Brazil, Paraguay, Argentina, Chile, and Peru. It has a population of approximately 11.6 million people and covers an area of about 1.1 million square kilometers. The country's diverse geography includes the Andes Mountains, the Amazon rainforest, and the vast Altiplano plateau.
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Research job salary compared to average salary in Bolivia.
Comparison shows that a person working as Quantitative Analyst Research in Bolivia earns on average:
10.59 times the average salary (or 1059% of average salary).
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Research job salary compared to average salary in Bolivia.
Comparison shows that a person working as Quantitative Analyst Research in Bolivia earns on average:
10.59 times the average salary (or 1059% of average salary).
Is Quantitative Analyst Research a well paid job?
Yes, our data shows that Quantitative Analyst Research is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Quantitative Analyst Research?
High salary for Quantitative Analyst Research would be somewhere between 6,628 BOB and 8,736 BOB. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst Research in Bolivia?
Living in Bolivia the approximate monthly expenses are: 138 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 6,025 BOB
Estimated Monthly Salary: 502 BOB
Estimated Weekly Salary: 116 BOB per week
Estimated Hourly Salary: 3 BOB per hour
Our data indicates that by working as Quantitative Analyst Research you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Bolivia, see costs of living in Bolivia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Peru, Brazil, Paraguay, Argentina, Chile. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Quantitative Analyst Research
Brazil is 14,222 USD
Argentina is 20,369 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Bolivia
(35,917 BOB per year, pre-tax.)
2. Cardiologist
(30,031 BOB per year, pre-tax.)
(28,915 BOB per year, pre-tax.)
4. Neurosurgeon
(28,102 BOB per year, pre-tax.)
(27,971 BOB per year, pre-tax.)
6. Oncologist
(27,454 BOB per year, pre-tax.)
(27,431 BOB per year, pre-tax.)
(27,421 BOB per year, pre-tax.)
(27,374 BOB per year, pre-tax.)
10. Urologist
(27,316 BOB per year, pre-tax.)
Data as of 2025Random salary:
Sales planner (3,234 BOB per year, pre-tax.)
Sap business intelligence consultant (5,212 BOB per year, pre-tax.)
Data integration specialist (4,050 BOB per year, pre-tax.)
Proposal writer (4,168 BOB per year, pre-tax.)
Programmer analyst (4,437 BOB per year, pre-tax.)
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