Entry-Level Quantitative Analyst Salary

Entry-Level Quantitative Analysts pull down an average of $80K annually. Final cash compensation to Entry-Level Quantitative Analysts varies from around $52K to approximately $131K; choice pay grades include potential for bonuses and profit sharing as high as $30K and $20K, respectively. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to nearly all, and most earn dental coverage. Most Entry-Level Quantitative Analysts survey respondents are men (73 percent). This overview is based on answers to PayScale's salary questionnaire.

$51,859 - $117,539
(Median)
$52K
$80K
$120K
MEDIAN: $80,369
10%
50%
90%

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$11.58 - $54.63
(Median)
$12
$30
$55
MEDIAN: $30
10%
50%
90%

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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.
)
$0$50K$100K$150K
Salary
$51,859 - $117,539  
   
Bonus
$1,937 - $29,933  
Profit Sharing
$0.00 - $19,866  
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).
)
$52,353 - $131,387  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 359
National Hourly Rate 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.
)
$0$25$50$75
Hourly Rate
$11.58 - $54.63  
   
Overtime
$60.00  
National Annualized 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.
)
$0$50K$100K$150K
Bonus
$1,937 - $29,933  
   
Profit Sharing
$0.00 - $19,866  
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).
)
$52,353 - $131,387  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 10
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Pay Difference by Location

National Average: $83,235

Larger city markers indicate a job is popular in that location.

Surpassing the national average by 36 percent, Entry-Level Quantitative Analysts in San Francisco receive some of the highest pay in the country. Entry-Level Quantitative Analysts will also find cushy salaries in New York (+28 percent) and Chicago (+3 percent). Cincinnati is home to the smallest salaries in the field, lagging the national average by 5 percent.

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Skills That Affect Quantitative Analyst Salaries

C++
up arrow 21%

Python
up arrow 21%

VBA
up arrow 14%

Matlab
up arrow 10%

R
up arrow 7%


Financial Modeling
up arrow 5%

SQL
up arrow 4%

National Average
$83,000

Data Analysis
up arrow 2%

SAS
up arrow 2%

Statistical Analysis
up arrow 3%

Microsoft Excel
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 43 votes.

Gender

Female
27 %
Male
73 %

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 81%
medical benefits
Vision: 67%
dental benefits
None: 8%
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