Quantitative Analyst Salary

Quantitative Analysts in the United States take home approximately $84K annually on average. Total cash compensation for Quantitative Analysts runs from $54K to $143K depending on bonuses that can occasionally exceed $39K and profit sharing that can reach almost $20K. Compensation for this group is mainly affected by location, but tenure and the individual firm are influential factors as well. Male Quantitative Analysts are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to more than half. Work is enjoyable for Quantitative Analysts, who typically claim high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
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$52,867 - $121,992

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
$52,867 - $121,992  
$1,174 - $39,254  
Profit Sharing
$0.00 - $20,180  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
$53,594 - $142,830  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 387
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Job Description for Quantitative Analyst

Quantitative analysts are tasked with devising strategies for maximum efficiency when it comes to trading stock. They work closely with other mathematical professionals to continuously improve trading protocols and strategies, and must combine all the skills they've learned in school, including mathematics, finance, and computer skills, to maximize the profits of their business.


Quantitative Analyst Tasks

  • Perform risk analytics, loan pricing, and default risk modeling,
  • Design tests and experiments to collect data and test new models and programs
  • Assist in the construction and execution of portfolio management.
  • Research and analyze market statistics to develop, test, validate, execute, and maintain analytical software programs and quantitative models.
  • Query, consolidate, and present data to senior management.

Quantitative Analyst Job Listings

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Popular Employer Salaries for Quantitative Analyst

Popular Skills for Quantitative Analyst

Survey results imply that Quantitative Analysts deploy a substantial tool kit of skills at work. Most notably, facility with Python, C++, and Financial Modeling are correlated to pay that is significantly above average, leading to increases of 24 percent, 22 percent, and 15 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel and Data Analysis. Those familiar with Data Modeling tend to be well versed in Matlab. Most people who know Data Analysis also know Microsoft Excel, SQL, and Matlab.

Pay Difference by Location

San Francisco is home to an above-average pay rate for Quantitative Analysts, 32 percent higher than the national average. Quantitative Analysts can also look forward to large paychecks in cities like New York (+28 percent), Houston (+18 percent), Atlanta (+5 percent), and Chicago (+2 percent). Quantitative Analysts in Washington make 24 percent less than the national average, proving that location is a major factor in pay. Two other places where employers offer below-median salaries are Minneapolis (9 percent less) and Cincinnati (7 percent less).

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Experience Affects Quantitative Analyst Salaries

National Average

Skills That Affect Quantitative Analyst Salaries

up arrow 24%

up arrow 22%

Financial Modeling
up arrow 15%

up arrow 13%

up arrow 12%

Statistical Analysis
up arrow 12%

Financial Analysis
up arrow 11%

Data Modeling
up arrow 3%

up arrow 1%


National Average

up arrow 2%

Data Analysis
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.


24 %
76 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 80%
vision benefits Vision: 68% employee benefits None: 8%