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Quantitative Analyst Research salary in Sri Lanka

Average Yearly Salary of Quantitative Analyst Research in Sri Lanka is approximately 3,398,259 LKR (9,793 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?

occupation personasA 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


How much does Quantitative Analyst Research make?

Salary details
How much does Quantitative Analyst Research make?
Estimated Yearly Salary: 3,398,259 LKR
Estimated Monthly Salary: 283,188 LKR
Estimated Weekly Salary: 65,351 LKR per week
Estimated Hourly Salary: 1,634 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 3,288,866 LKR
Estimated Monthly Salary: 274,072 LKR
Estimated Weekly Salary: 63,247 LKR per week
Estimated Hourly Salary: 1,581 LKR per hour
Last revision of data: 2024-01-08



Quantitative Analyst Research estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 9,793 USD
Estimated Monthly Salary: 816 USD
Estimated Weekly Salary: 188 USD per week
Estimated Hourly Salary: 5 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.

Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Research job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Quantitative Analyst Research in Sri Lanka earns on average:
1.9 times the average salary (or 190% of average salary).

Is Quantitative Analyst Research a well paid job?

Yes, our data shows that Quantitative Analyst Research is a 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 3,738,085 LKR and 4,927,476 LKR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Quantitative Analyst Research in Sri Lanka?

Living in Sri Lanka the approximate monthly expenses are: 224 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: 3,398,259 LKR
Estimated Monthly Salary: 283,188 LKR
Estimated Weekly Salary: 65,351 LKR per week
Estimated Hourly Salary: 1,634 LKR per hour
By working as Quantitative Analyst Research a person can save up to 592 USD per month or 7,100 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 Sri Lanka, see costs of living in Sri Lanka.

Salary comparison to region and neighbouring coutries

Country's neighbours are: India, Maldives.
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

India is 39,198 USDup arrow 300%
Details on Quantitative Analyst Research salary in India
Last revision of data: 2025-01-04

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Sri Lanka

(20,273,886 LKR per year, pre-tax.)
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
(15,389,631 LKR per year, pre-tax.)

Data as of 2025

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