Entry-Level Quantitative Analyst Salary

Entry-Level Quantitative Analysts can expect wages of $80K annually on average. Total cash earnings of Entry-Level Quantitative Analysts range from $52K on the low end to $131K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $30K and $20K, respectively. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to the greater part. Making up 73 percent of those who took the survey, male Entry-Level Quantitative Analysts greatly outnumber their female counterparts. The majority of Entry-Level Quantitative Analysts claim high levels of job satisfaction. 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.

With a pay rate for Entry-Level Quantitative Analysts that is 36 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Entry-Level Quantitative Analysts will also find cushy salaries in New York (+28 percent) and Chicago (+3 percent). Those in the field find the lowest salaries in Cincinnati, 5 percent below the national average.

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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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