$82,908
Avg. Salary
$25.43
Avg. Hourly Rate

Average additional compensation:

$9,872

Bonus

$4,826

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Quantitative Analyst is $25.43 per hour.

The average pay for a Quantitative Analyst is $82,908 per year.

$19.27
10%
$25.43
50%
$47.56
90%
MEDIAN $25.43
$56k
10%
$83k
50%
$127k
90%
MEDIAN $82,908
$55,628 - $127,156
$56K
$83K
$130K
MEDIAN: $82,908
10%
50%
90%

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$19.27 - $47.56
$19
$25
$48
MEDIAN: $25.43
10%
50%
90%

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$0$152K
Salary $55,628 - $127,156
Bonus $2,956 - $39,999
Profit Sharing $194 - $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).
)
$55,404 - $152,964
  • Country: United States
  • Currency: USD
  • Updated: 17 Feb 2019
  • Individuals Reporting: 747
Hourly Data $0$47
Hourly Rate $19.27 - $47.56
Overtime $30.00
Annual Data $0$152K
Bonus $2,956 - $39,999
Profit Sharing $194 - $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).
)
$55,404 - $152,964
  • Country: United States
  • Currency: USD
  • Updated: 17 Feb 2019
  • Individuals Reporting: 15

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.

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


The biggest paychecks can be found at Google, Inc. — the median salary there is $119K.

Quantitative Analyst Job Listings

Popular Skills for Quantitative Analyst


Survey takers working as Quantitative Analysts report using a large range of professional skills. Most notably, facility with C++, Risk Management / Risk Control, and C++ Programming Language are correlated to pay that is significantly above average, leading to increases of 23 percent, 21 percent, and 12 percent, respectively. Skills that pay less than market rate include Microsoft Excel, VBA, and SQL. Most people who know Data Analysis also know Microsoft Excel and SQL.

Pay Difference by Location

20%

13%

2%

National Average: $88,244

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

For Quantitative Analysts, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Quantitative Analysts will also find cushy salaries in New York (+19 percent), Charlotte (+16 percent), Los Angeles (+12 percent), and Boston (+12 percent). Quantitative Analysts in Cambridge report much lower salaries than the rest of the country — 34 percent below the national average — proving that residence is a major factor in overall pay. Two other places where employers offer below-median salaries are Minneapolis (29 percent less) and Washington (24 percent less).

Related Job Salaries

Key Stats for Quantitative Analyst

Gender

Female
28 %
Male
72 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 92 votes.
Less than 1 year
19%
1-4 years
53%
5-9 years
20%
10-19 years
8%
20 years or more
1%

Experience Affects Quantitative Analyst Salaries

▲29%

▲21%

National Average
$88,000

▼9%

Skills That Affect Quantitative Analyst Salaries

C++
▲24%



▲12%


Financial Analysis
▲10%

▲6%

R
▼0%

National Average
$88,000




SAS
▼6%

SQL
▼7%

VBA
▼10%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 92 votes.

Gender

Female
28 %
Male
72 %

Years of Experience

Less than 1 year
19%
1-4 years
53%
5-9 years
20%
10-19 years
8%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 76%
vision benefits
Vision: 67%
no benefits
None: 10%