The average salary for a Quantitative Analyst is Rs 828,875.
MEDIAN Rs 828,875
Is Quantitative Analyst your job title? Get a personalized salary report!
Rs 403k - Rs 2m
Rs 18k - Rs 450k
Rs 0 - Rs 22k
Rs 434k - Rs 2m
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Job Description for Quantitative Analyst
Quantitative analysts are tasked with devising strategies for maximum efficiency when it comes to trading stock. They work closely with other mathematical professionals to continuously improve trading protocols and strategies, and must combine all the skills they've learned in school, including mathematics, finance, and computer skills, to maximize the profits of their business. Quantitative analysts create and edit analytical models, work closely with financial staff, research the best tools t…Read more
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
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.
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