Entry-Level Quantitative Analysts can expect wages of $79K annually on average. Total cash compensation to Entry-Level Quantitative Analysts bottoms out near $53K and approaches $136K on the high end; the biggest paychecks include approximately $31K from bonuses and almost $20K from profit sharing. Most Entry-Level Quantitative Analysts survey respondents are men (72 percent). Nearly all report receiving medical coverage from their employers and most collect dental insurance. Most Entry-Level Quantitative Analysts like their work and job satisfaction is high. Participants in PayScale's salary questionnaire provided the particulars of this report.

$53,865 - $116,153
$54K
$79K
$120K
MEDIAN: $78,702
10%
50%
90%

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$19.73 - $54.63
$20
$24
$55
MEDIAN: $23.50
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
$53,865 - $116,153  
   
Bonus
$2,416 - $30,959  
Profit Sharing
$-0.50 - $19,574  
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).
)
$52,583 - $136,066  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 284
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
$19.73 - $54.63  
   
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
$2,416 - $30,959  
   
Profit Sharing
$-0.50 - $19,574  
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).
)
$52,583 - $136,066  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 10

Find Out Exactly What You Should Be Paid

United States (change)

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Pay Difference by Location

National Average: $82,334

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

Entry-Level Quantitative Analysts will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 29 percent. Entry-Level Quantitative Analysts will also find cushy salaries in New York (+24 percent) and Chicago (+7 percent). Location significantly influences compensation, with Cambridge Entry-Level Quantitative Analysts earning much less — 29 percent less — than the national average. Workers in Minneapolis and Pittsburgh earn less than others in this profession; their salaries fall short of the national average by 10 percent.

Key Stats for Quantitative Analyst

Gender

Female
28 %
Male
72 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.
061
Less than 1 year
27%
1-4 years
61%
5-9 years
12%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Quantitative Analyst Salaries

C++
up arrow 22%

Risk Management / Risk Control
up arrow 22%

C++ Programming Language
up arrow 20%

Matlab
up arrow 15%

Python
up arrow 12%


Financial Analysis
up arrow 11%

R
up arrow 4%


Statistical Analysis
up arrow 1%

National Average
$82,000


SAS
up arrow 2%

SQL
up arrow 3%

VBA
up arrow 6%

Microsoft Excel
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.

Gender

Female
28 %
Male
72 %

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 84%
vision benefits
Vision: 73%
dental benefits
None: 7%
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