Entry-Level Quantitative Analyst Salary

Median pay for Entry-Level Quantitative Analysts is around $75K annually. Cash earnings for Entry-Level Quantitative Analysts — including $31K in bonuses and $16K in profit sharing proceeds near the top of the pay scale — generally stretch from $51K to $130K depending on individual performance. Making up 71 percent of those who took the survey, male Entry-Level Quantitative Analysts greatly outnumber their female counterparts. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most Entry-Level Quantitative Analysts like their work and job satisfaction is high. The information for this snapshot was generated by responses to the PayScale salary survey.

$51,289 - $112,500
$51K
$75K
$110K
MEDIAN: $74,930
10%
50%
90%

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$14.09 - $54.63
$14
$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
$51,289 - $112,500  
   
Bonus
$1,944 - $30,927  
Profit Sharing
$0.00 - $16,114  
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).
)
$50,722 - $129,908  
Country: United States | Currency: USD | Updated: 5 May 2017 | Individuals Reporting: 275
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
$14.09 - $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
$1,944 - $30,927  
   
Profit Sharing
$0.00 - $16,114  
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).
)
$50,722 - $129,908  
Country: United States | Currency: USD | Updated: 5 May 2017 | Individuals Reporting: 10

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Pay Difference by Location

National Average: $79,527

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

For those looking to make money, Entry-Level Quantitative Analysts in San Francisco enjoy an exceptional pay rate, 41 percent above the national average. Entry-Level Quantitative Analysts will also find cushy salaries in New York (+25 percent) and Boston (+10 percent). Location is a huge contributor to overall pay, with Entry-Level Quantitative Analysts in Cambridge earning a whopping 26 percent below the national average. Minneapolis and Charlotte are a couple other places where companies are known to pay below the median — salaries are 21 percent lower and 18 percent lower, respectively.

Key Stats for Quantitative Analyst

Gender

Female
29 %
Male
71 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.
Less than 1 year
27%
1-4 years
61%
5-9 years
11%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Quantitative Analyst Salaries

C++
▲27%

Risk Management / Risk Control
▲26%

C++ Programming Language
▲22%


Matlab
▲14%

Financial Analysis
▲13%

R
▲6%

Python
▲5%


Statistical Analysis
▲1%


SAS
▼0%

National Average
$80,000

SQL
▼3%

VBA
▼6%


Job Satisfaction

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

Gender

Female
29 %
Male
71 %

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
vision benefits
Vision: 70%
no benefits
None: 9%
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