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Dolat Capital Market Quant Analyst salaries in Mumbai

Annual salary range
0 - 1 year exp.
₹12 Lakhs - ₹18 Lakhs
Salary of majority employees
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14% less than the average Quant Analyst Salary in Financial Services Companies for 0 - 1 year of experience

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Last Updated: 5 Sep 2024

Companies similar to Dolat Capital Market for Quant Analyst in Mumbai

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Dolat Capital Market Quant Analyst Salary

0 - 1 year exp. (5 salaries)

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₹12 L/yr - ₹18 L/yr

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Company name Avg Annual Salary Open Jobs
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Edelweiss Quant Analyst Salary

2 - 4 years exp. (4 salaries)

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₹7.5 L/yr - ₹21 L/yr

arrow icon 21% less
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UBS Quant Analyst Salary

2 - 4 years exp. (5 salaries)

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₹16 L/yr - ₹25 L/yr

arrow icon 18% more
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JPMorgan Chase & Co. Quant Analyst Salary

5 - 9 years exp. (5 salaries)

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₹10 L/yr - ₹25 L/yr

arrow icon 8% more
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Rand Merchant Bank Quant Analyst Salary

6 - 9 years exp. (4 salaries)

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₹26.5 L/yr - ₹32 L/yr

arrow icon 90% more
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₹2 L/yr - ₹8.4 L/yr

arrow icon 60% less
2 job openings
Quant Analyst salary at Dolat Capital Market ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of Dolat Capital Market.

Latest annual salaries shared by Dolat Capital Market Quant Analyst in Mumbai

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Experience wise Dolat Capital Market Quant Analyst salaries in Mumbai

Last Updated: 5 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr
1 year  (3 salaries)

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₹12 L/yr - ₹17 L/yr

Similar Designation salaries in Dolat Capital Market

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₹6 L/yr - ₹21 L/yr
Data Analyst Salary
(5 salaries)
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₹4 L/yr - ₹6 L/yr

Top skills at Dolat Capital Market for Quant Analyst

Trading

Salary related reviews for Dolat Capital Market

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 05 Aug 2024

3.0
 for  Salary and Benefits

Likes

Company has got a lot of good skilled people.

Dislikes

Management is really shi*t*y. I wasn't allotted a team for like 4 months. Documentation of codes is nill. Those who have wrote the code have left the company.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 29 Nov 2024

1.0
 for  Salary and Benefits

Likes

Cannot think of a single thing.

Dislikes

Bunch of Liars Cheaters and Thieves I had profit share (20%) deal. This was far below the industry standard (35-50%) because I was unaware. I was paid 20% as agreed upon. One and a half years later, I found out they had heavily inflated the trading cost in the trading UI. Then I asked for detail, however they kept delaying it for more than a year and then paid me 20 lk and said all done! The amount was in crores. Twice the amount of profit, shown in the trading UI, was shadowed under the trading cost. Actual profit was around 3 times the profit shown in the trading UI. This is not the only point of thievery. They deduct server cost from the profit before calculating % share. They add multiple server to a trader's list of servers for few minutes and then deduct full day cost of the same server from multiple traders. Then I accidentally stumbled upon some log files which were generated with my model, however the servers on which they were generated were unknown to me. The infra team was running my models on some other servers without telling me so that they wouldn't have to share any % of the profit. The infra team was in complicit with this thievery especially the head of the infra. Even though the deal was 20%, I estimated they were paying me only 4-5%. So I put my foot down and asked for access to the server where all the log files, generated during trade, are kept. They FIRED me. I was the top performer in the Quant team contributing towards half of the Quant team's profit and they fired me because I asked for the log files. It didn't end there. A year later, during ITR submission, I found out that 15000 rs was deducted every month in the 2021-22 financial year for 7 months towards sodexo and stuff which was never paid to me. So I asked for it. They didn't give it to me. They even stole that 105000 rs which was part of my fixed salary!

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Engineering - Software & QA Department

1.0
  •  posted on 12 May 2018

3.0
 for  Salary and Benefits

Likes

R&D environment always.

Dislikes

Ad-hoc appraisal process with one way communication. No review or redraisal process. HR and HR policies are namesake. Senior are considered expensive unless they take no or negative hikes. No on-site Compulsory desk for 9 hrs which are stretched to 10 hrs. Congested work place. 6-8 people are packed in 20 sq ft space. Innovation is not welcome. No Software development processes. You start with no training and end with repenting on your decision to join. Higher management is judgemental, opinionated, biased, egoist, selfish. Providing reference is destroying your scope to get new job. Avoid it. They will provide negative feedback always.

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Dolat Capital Market Quant Analyst Salary FAQs

What is the salary of Quant Analyst at Dolat Capital Market Mumbai?
Quant Analyst salary at Dolat Capital Market in Mumbai ranges between ₹12.0 Lakhs to ₹18.0 Lakhs for less than 1 year of experience. According to our estimates it is 14% less than the average Quant Analyst Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Dolat Capital Market Mumbai.
How does the salary of a Quant Analyst at Dolat Capital Market Mumbai compare with the average salary range for this job?
The average salary of a Quant Analyst at Dolat Capital Market is 14% less than the average salary of a Quant Analyst in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Quant Analyst at Dolat Capital Market?
Trading is a popular skill required to work as a Quant Analyst at Dolat Capital Market.
Which similar companies are paying more than Dolat Capital Market to a Quant Analyst in Mumbai?
  • Rand Merchant Bank Quant Analyst Salary - ₹26.5 Lakhs to ₹32.0 Lakhs per year
  • UBS Quant Analyst Salary - ₹16.0 Lakhs to ₹25.0 Lakhs per year
  • JPMorgan Chase & Co. Quant Analyst Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
What is the salary of a Quant Analyst in companies similar to Dolat Capital Market in Mumbai?
  • Edelweiss Quant Analyst Salary - ₹7.5 Lakhs to ₹21.0 Lakhs per year
  • Quantinsti Quantitative Learning Quant Analyst Salary - ₹2.0 Lakhs to ₹8.4 Lakhs per year
What is the estimated take home salary of a Quant Analyst at Dolat Capital Market in Mumbai?
The estimated take-home salary of a Quant Analyst at Dolat Capital Market ranges between ₹1,07,046 per month to ₹1,09,995 per month in Mumbai. The take-home salary calculation is based on the average Dolat Capital Market Quant Analyst salary in India which ranges between ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Quant Analyst at Dolat Capital Market in Mumbai?
According to AmbitionBox, 100% of the Dolat Capital Market Quant Analysts in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Dolat Capital Market Quant Analyst salary in Mumbai ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Dolat Capital Market latest salaries received from various employees of Dolat Capital Market.