The average Entry-Level Quantitative Analyst earns approximately $80K annually. Total cash compensation to Entry-Level Quantitative Analysts bottoms out near $53K and approaches $138K on the high end; the biggest paychecks include approximately $34K from bonuses and almost $20K from profit sharing. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Generally, women make up less than a third of all Entry-Level Quantitative Analysts who answered the questionnnaire. For the most part, Entry-Level Quantitative Analysts enjoy their work and report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.

$53,622 - $116,911
(Median)
$54K
$80K
$120K
MEDIAN: $79,731
10%
50%
90%

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$20.35 - $46.16
(Median)
$
$28
$
MEDIAN: $28.00
50%

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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
$53,622 - $116,911  
   
Bonus
$2,995 - $34,332  
Profit Sharing
$0.00 - $19,727  
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).
)
$53,291 - $137,892  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 277
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
$28.00  
   
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
$2,995 - $34,332  
   
Profit Sharing
$0.00 - $19,727  
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).
)
$53,291 - $137,892  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 7
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Pay Difference by Location

National Average: $83,315

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

For Entry-Level Quantitative Analysts, San Francisco provides a pay rate that is 34 percent greater than the national average. Entry-Level Quantitative Analysts will also find cushy salaries in New York (+26 percent) and Chicago (+3 percent). Entry-Level Quantitative Analysts in Cambridge earn salaries far below the national average by 30 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Two other places where employers offer below-median salaries are Minneapolis (11 percent less) and Pittsburgh (10 percent less).

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Skills That Affect Quantitative Analyst Salaries

C++ Programming Language
up arrow 22%

C++
up arrow 21%

Risk Management / Risk Control
up arrow 21%

Python
up arrow 18%

Matlab
up arrow 18%

Financial Modeling
up arrow 8%


R
up arrow 3%

Financial Analysis
0%

National Average
$83,000

Data Analysis
up arrow 2%

Statistical Analysis
up arrow 3%

SAS
up arrow 3%

SQL
up arrow 3%

VBA
up arrow 4%

Microsoft Excel
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
27 %
Male
73 %

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 85%
medical benefits
Vision: 76%
dental benefits
None: 5%
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