Home > Salary > Colombia > Quantitative Associate
A quantitative associate is an individual who works in the field of quantitative finance or data analysis. They are responsible for developing and implementing mathematical models and statistical techniques to analyze financial data and make informed investment decisions. This occupation requires a strong background in mathematics, statistics, and programming, as well as knowledge of financial markets and instruments.
Quantitative associates are typically employed by investment banks, hedge funds, asset management firms, or financial consulting companies. They work closely with portfolio managers, traders, and risk managers to provide quantitative insights and support decision-making processes. Their tasks may include designing and back-testing trading strategies, developing risk models, conducting market research, and building financial forecasting models.
Estimated Yearly Salary: 66,371,193 COP
Estimated Monthly Salary: 5,530,933 COP
Estimated Weekly Salary: 1,276,369 COP per week
Estimated Hourly Salary: 31,909 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,364,077 COP
Estimated Weekly Salary: 1,237,864 COP per week
Estimated Hourly Salary: 30,947 COP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 14,752 USD
Estimated Monthly Salary: 1,229 USD
Estimated Weekly Salary: 284 USD per week
Estimated Hourly Salary: 7 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: 66,371,193 COP
Estimated Monthly Salary: 5,530,933 COP
Estimated Weekly Salary: 1,276,369 COP per week
Estimated Hourly Salary: 31,909 COP per hour
By working as Quantitative Associate a person can save up to 969 USD per month or 11,627 USD yearly. Values are pre-tax.
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 Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Quantitative Associate
Last revision of data: 2025-01-04
Data as of 2025
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Quantitative Associate salary in Colombia
Average Yearly Salary of Quantitative Associate in Colombia is approximately 66,371,193 COP (14,752 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 Associate do?

Skills: quantitative finance, data analysis, mathematical modeling, statistical techniques, financial markets, investment decisions.
Job industry: Finance
Job industry: Finance
How much does Quantitative Associate make?
Salary details
How much does Quantitative Associate make?Estimated Yearly Salary: 66,371,193 COP
Estimated Monthly Salary: 5,530,933 COP
Estimated Weekly Salary: 1,276,369 COP per week
Estimated Hourly Salary: 31,909 COP per hour
Comparing salary to last year:
Estimated Yearly Salary: 64,368,919 COPEstimated Monthly Salary: 5,364,077 COP
Estimated Weekly Salary: 1,237,864 COP per week
Estimated Hourly Salary: 30,947 COP per hour
Quantitative Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 14,752 USD
Estimated Monthly Salary: 1,229 USD
Estimated Weekly Salary: 284 USD per week
Estimated Hourly Salary: 7 USD per hour
Difference in salary year over year or average salary increase is approximately
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
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Associate job salary compared to average salary in Colombia.
Comparison shows that a person working as Quantitative Associate in Colombia earns on average:
2.46 times the average salary (or 246% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Associate job salary compared to average salary in Colombia.
Comparison shows that a person working as Quantitative Associate in Colombia earns on average:
2.46 times the average salary (or 246% of average salary).
Is Quantitative Associate a well paid job?
Yes, our data show that Quantitative Associate is a very 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 Associate?
High salary for Quantitative Associate would be somewhere between 73,008,312 COP and 96,238,230 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Associate in Colombia?
Living in Colombia the approximate monthly expenses are: 260 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: 66,371,193 COP
Estimated Monthly Salary: 5,530,933 COP
Estimated Weekly Salary: 1,276,369 COP per week
Estimated Hourly Salary: 31,909 COP per hour
By working as Quantitative Associate a person can save up to 969 USD per month or 11,627 USD yearly. Values are pre-tax.
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 Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. 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 Associate
Salary 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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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5. Neurosurgeon
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8. Oncologist
(233,538,023 COP per year, pre-tax.)
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Random salary:
Junior applications engineer (42,692,799 COP per year, pre-tax.)
Cfo (84,542,029 COP per year, pre-tax.)
Fundraising supervisor (23,576,480 COP per year, pre-tax.)
Occupational therapist (35,721,386 COP per year, pre-tax.)
Tanker truck driver (18,100,299 COP per year, pre-tax.)
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