Home > Salary > Russia > 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: 3,028,111 RUB
Estimated Monthly Salary: 252,343 RUB
Estimated Weekly Salary: 58,233 RUB per week
Estimated Hourly Salary: 1,456 RUB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 243,611 RUB
Estimated Weekly Salary: 56,218 RUB per week
Estimated Hourly Salary: 1,405 RUB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 29,077 USD
Estimated Monthly Salary: 2,423 USD
Estimated Weekly Salary: 559 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 3,028,111 RUB
Estimated Monthly Salary: 252,343 RUB
Estimated Weekly Salary: 58,233 RUB per week
Estimated Hourly Salary: 1,456 RUB per hour
By working as Quantitative Associate a person can save up to 1,910 USD per month or 22,919 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 Russia, see costs of living in Russia.
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 Russia
Average Yearly Salary of Quantitative Associate in Russia is approximately 3,028,111 RUB (29,077 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?
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.
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: 3,028,111 RUB
Estimated Monthly Salary: 252,343 RUB
Estimated Weekly Salary: 58,233 RUB per week
Estimated Hourly Salary: 1,456 RUB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,923,336 RUBEstimated Monthly Salary: 243,611 RUB
Estimated Weekly Salary: 56,218 RUB per week
Estimated Hourly Salary: 1,405 RUB per hour
Last revision of data: 2024-01-03Quantitative Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 29,077 USD
Estimated Monthly Salary: 2,423 USD
Estimated Weekly Salary: 559 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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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Salary comparison to National average
Russia, officially known as the Russian Federation, is the largest country in the world by land area. It spans across Eastern Europe and Northern Asia, covering approximately 17.1 million square kilometers. With a population of over 145 million people, Russia is the ninth most populous country globally. Its capital city is Moscow, which is also the most populous city in the country.
Estimated national average yearly salary is 1,224,752 RUB (12,830 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Associate job salary compared to average salary in Russia.
Comparison shows that a person working as Quantitative Associate in Russia earns on average:
2.47 times the average salary (or 247% of average salary).
Estimated national average yearly salary is 1,224,752 RUB (12,830 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Associate job salary compared to average salary in Russia.
Comparison shows that a person working as Quantitative Associate in Russia earns on average:
2.47 times the average salary (or 247% 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 3,330,922 RUB and 4,390,761 RUB. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Associate in Russia?
Living in Russia the approximate monthly expenses are: 513 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: 3,028,111 RUB
Estimated Monthly Salary: 252,343 RUB
Estimated Weekly Salary: 58,233 RUB per week
Estimated Hourly Salary: 1,456 RUB per hour
By working as Quantitative Associate a person can save up to 1,910 USD per month or 22,919 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 Russia, see costs of living in Russia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, North Korea.. 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
Norway is 216,742 USD
Finland is 123,111 USD
Estonia is 62,651 USD
Latvia is 48,892 USD
Lithuania is 53,733 USD
Poland is 41,534 USD
Ukraine is 9,696 USD
China is 29,052 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 Russia
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Data as of 2025Random salary:
Certified pedorthotist (1,429,201 RUB per year, pre-tax.)
Media planner (995,649 RUB per year, pre-tax.)
Optical laboratory technician (624,595 RUB per year, pre-tax.)
Movie director (1,753,183 RUB per year, pre-tax.)
Unit clerk (595,247 RUB per year, pre-tax.)
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