Average Quantitative Analyst Salary

Rs 828,875
Avg. Salary
Rs 101,736
Rs 22,332
Profit Sharing
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The average salary for a Quantitative Analyst is Rs 828,875.
Rs 403k
Rs 829k
Rs 2m
MEDIAN Rs 828,875
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United States (change)
Rs 403k - Rs 2m
Rs 18k - Rs 450k
Profit Sharing
Rs 0 - Rs 22k
Total Pay
Rs 434k - Rs 2m

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Job Description for Quantitative Analyst

Quantitative Analyst Tasks
  • Research and analyze market statistics to develop, test, validate, execute, and maintain analytical software programs and quantitative models.
  • Perform risk analytics, loan pricing, and default risk modeling.
  • Design tests and experiments to collect data and test new models and programs.
  • Query, consolidate, and present data to senior management.
  • Assist in the construction and execution of portfolio management.

Popular Employer Salaries for Quantitative Analyst

Rs 1m

Quantitative Analyst Job Listings

Popular Skills for Quantitative Analyst

Skills in Financial Modeling, Statistical Analysis, Data Analysis, Python and R are correlated to pay that is above average.

Pay by Experience Level for Quantitative Analyst

An entry-level Quantitative Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of Rs 750,000 based on 16 salaries. An early career Quantitative Analyst with 1-4 years of experience earns an average total compensation of Rs 721,480 based on 33 salaries. A mid-career Quantitative Analyst with 5-9 years of experience earns an average total compensation of Rs 1,074,419 based on 10 salaries.

Pay Difference by Location

Learn more about cost of living by city.
Employees with Quantitative Analyst in their job title in Mumbai, Maharashtra earn an average of 9.2% more than the national average. The lowest salaries can be found in Bangalore, Karnataka (27.6% less) and Pune, Maharashtra (0.6% less).

Years of Experience

This data is based on 59 survey responses.
Entry Level
Early Career
Mid Career

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