As of May 01, 2025, the average annual salary for a Vice President of Market Research in Fargo, ND is $214,190. According to Salary.com, salaries can range from a low of $183,737 to a high of $252,896, with most professionals earning between $198,250 and $234,450.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $234,450 | $19,538 | $4,509 | $113 |
| Average | $214,190 | $17,849 | $4,119 | $103 |
| 25th Percentile | $198,250 | $16,521 | $3,813 | $95 |
An entry-level Vice President of Market Research with under 1 year experience makes about $204,441. With less than 2 years of experience, a mid-level Vice President of Market Research makes around $205,868. After 2-4 years, the Vice President of Market Research pay rises to about $207,770. Those senior Vice President of Market Research with 5-8 years of experience earn roughly $210,149, and those Vice President of Market Research having 8 years or more experience are expected to earn about $212,527 on average.
| Levels | Salary |
|---|---|
| Entry Level Vice President of Market Research | $204,441 |
| Intermediate Level Vice President of Market Research | $205,868 |
| Senior Level Vice President of Market Research | $207,770 |
| Specialist Level Vice President of Market Research | $210,149 |
| Expert Level Vice President of Market Research | $212,527 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 1% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Insight: Insight is the understanding cause and effect based on the identification of relationships and behaviors within a model, context, or scenario.
Quantitative Analysis: Quantitative analysis is the use of models, or algorithms, to model risks in general, or to evaluate assets for investment. The process usually consists of searching vast databases for patterns, such as correlations among liquid assets or price-movement patterns (trend following or mean reversion). The resulting strategies may involve high-frequency trading. Some of the larger investment managers using quantitative analysis include Renaissance Technologies, Winton Group, D. E. Shaw & Co., AQR Capital Management, and Two Sigma Investments.
Research Design: A research design is the set of methods and procedures used in collecting and analyzing measures of the variables specified in the problem research. The design of a study defines the study type (descriptive, correlation, semi-experimental, experimental, review, meta-analytic) and sub-type (e.g., descriptive-longitudinal case study), research problem, hypotheses, independent and dependent variables, experimental design, and, if applicable, data collection methods and a statistical analysis plan. A research design is a framework that has been created to find answers to research questions.
| Skill | Salary | Demand |
|---|---|---|
|
Quantitative Analysis
|
$280,589 |
31%
|
|
Team Operations
|
$272,021 |
27%
|
|
Coaching
|
$261,312 |
22%
|
|
Client Relationship
|
$248,460 |
16%
|
|
Research Design
|
$244,177 |
14%
|
|
Data Analytics
|
$237,751 |
11%
|
