Entry-Level Quantitative Analyst Salary

Pay for Entry-Level Quantitative Analysts sits in the ballpark of $77K per year. Total cash compensation for Entry-Level Quantitative Analysts runs from $51K to $131K depending on bonuses that can occasionally exceed $30K and profit sharing that can reach almost $19K. Most Entry-Level Quantitative Analysts report high levels of job satisfaction. Medical benefits are awarded to a large number, and most earn dental coverage. Most Entry-Level Quantitative Analysts survey respondents are men (71 percent). The data for this synopsis comes from respondents who took the PayScale salary survey.

$52,472 - $112,268
$52K
$77K
$110K
MEDIAN: $76,566
10%
50%
90%

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$14.09 - $54.63
$14
$22
$55
MEDIAN: $22.00
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
$52,472 - $112,268  
   
Bonus
$2,003 - $30,304  
Profit Sharing
$0.00 - $18,500  
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).
)
$51,271 - $131,122  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 257
© PayScale, Inc. @ www.payscale.com
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
$2,003 - $30,304  
   
Profit Sharing
$0.00 - $18,500  
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).
)
$51,271 - $131,122  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 10
© PayScale, Inc. @ www.payscale.com

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Pay Difference by Location

National Average: $80,683

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

San Francisco offers some of the highest pay in the country for Entry-Level Quantitative Analysts, 39 percent above the national average. Entry-Level Quantitative Analysts will also find cushy salaries in New York (+23 percent) and Boston (+9 percent). Entry-Level Quantitative Analysts in Cambridge take home the lowest salaries, earning a whopping 27 percent less than the national average. Minneapolis and Charlotte are a couple other places where companies are known to pay below the median — salaries are 22 percent lower and 19 percent lower, respectively.

Key Stats for Quantitative Analyst

Gender

Female
29 %
Male
71 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.
Less than 1 year
26%
1-4 years
62%
5-9 years
12%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Quantitative Analyst Salaries

C++
▲25%

Risk Management / Risk Control
▲25%

C++ Programming Language
▲20%

Matlab
▲13%


Financial Analysis
▲11%

R
▲4%

Python
▲3%


Statistical Analysis
▼0%

National Average
$81,000


SAS
▼1%

SQL
▼5%

VBA
▼7%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
29 %
Male
71 %

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 81%
vision benefits
Vision: 71%
dental benefits
None: 8%
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