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How much does a Quantitative Analyst make?

The average salary for a Quantitative Analyst is $121,851 per year in the US.

A Quantitative Analyst often earns a solid salary. The average yearly salary for this role is around $121,851. This figure can vary based on experience and location. For those just starting, salaries can be lower, but they grow with experience and expertise.

Here are some salary ranges for different levels of experience:

  • Entry-level: $72,500
  • Mid-level: $102,273
  • Senior-level: $176,705
  • Top-level: $236,250
These figures show how much potential there is for growth in this career. As a Quantitative Analyst gains more experience, the salary can increase significantly.

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What are the highest paying cities for a Quantitative Analyst?

Job seekers looking for high-paying Quantitative Analyst roles should consider cities like San Francisco and Dallas. These cities offer top salaries, with San Francisco leading at $160,329 and Dallas close behind at $157,226. Other cities such as San Antonio, Washington, DC, and Boston also provide competitive compensation packages.
Graph displaying highest paying cities salaries for Quantitative Analyst jobs, highlighting San Francisco, CA with the highest at $160,329 and Columbus, OH with the lowest at $120,326.
  1. San Francisco, CA
    Average Salary: $160,329
    San Francisco offers a dynamic environment for data professionals. Companies like Goldman Sachs and Morgan Stanley provide opportunities to work on complex financial models. The tech-driven culture supports continuous learning and growth.
    Find Quantitative Analyst jobs in San Francisco, CA


  2. Dallas, TX
    Average Salary: $157,226
    In Dallas, you can find roles with firms such as JPMorgan Chase and American Airlines. The city's strong financial sector offers a variety of projects. Dallas provides a blend of professional opportunities and a vibrant lifestyle.
    Find Quantitative Analyst jobs in Dallas, TX


  3. San Antonio, TX
    Average Salary: $137,739
    San Antonio is home to companies like AT&T and Valero Energy. Working here means engaging with diverse projects and a supportive work culture. The city offers a lower cost of living with a strong job market.
    Find Quantitative Analyst jobs in San Antonio, TX


  4. Washington, DC
    Average Salary: $136,031
    Washington, DC, is a hub for policy and finance. Working with firms like Fannie Mae and Freddie Mac offers a unique blend of data analysis and policy impact. The city's rich history adds to its professional appeal.
    Find Quantitative Analyst jobs in Washington, DC


  5. Charlotte, NC
    Average Salary: $128,709
    Charlotte is known for its banking sector. Companies like Bank of America and Wells Fargo provide extensive opportunities. The city offers a mix of urban and suburban living, making it a great place to work and live.
    Find Quantitative Analyst jobs in Charlotte, NC


  6. Boston, MA
    Average Salary: $127,809
    Boston offers a mix of finance and tech. Working with firms like Fidelity Investments and State Street Corporation provides diverse challenges. The city's educational institutions add to its vibrant professional atmosphere.
    Find Quantitative Analyst jobs in Boston, MA


  7. Pittsburgh, PA
    Average Salary: $123,150
    Pittsburgh is a growing tech hub. Companies like PNC and UPMC offer innovative projects. The city's lower cost of living and rich cultural scene make it an attractive place to work.
    Find Quantitative Analyst jobs in Pittsburgh, PA


  8. Tampa, FL
    Average Salary: $121,617
    Tampa offers a warm climate and a growing job market. Companies like Raymond James and TECO Energy provide opportunities. The city's affordable living and vibrant community life enhance the professional experience.
    Find Quantitative Analyst jobs in Tampa, FL


  9. Cincinnati, OH
    Average Salary: $120,706
    Cincinnati is known for its strong manufacturing sector. Working with companies like Procter & Gamble offers diverse projects. The city's affordable cost of living and friendly community add to its appeal.
    Find Quantitative Analyst jobs in Cincinnati, OH


  10. Columbus, OH
    Average Salary: $120,326
    Columbus offers a mix of tech and traditional industries. Companies like Nationwide and Huntington Bank provide opportunities. The city's growing job market and affordable living make it an attractive place to work.
    Find Quantitative Analyst jobs in Columbus, OH

What are the best companies a Quantitative Analyst can work for?

UBS offers the highest average salary for Quantitative Analysts at $207,636. Selby Jennings follows closely with an average salary of $186,875. Barclays, Citi, and Fannie Mae also provide competitive salaries, making them attractive options for job seekers.
Graph displaying best paying company salaries for Quantitative Analyst jobs, highlighting UBS with the highest at $207,636 and Puget Sound Energy with the lowest at $139,336.
  1. UBS
    Average Salary: $207,636
    UBS offers exciting roles for Quantitative Analysts in financial markets. They work in locations like Zurich, New York, and London. UBS focuses on investment banking, wealth management, and asset management.


  2. Selby Jennings
    Average Salary: $186,875
    Selby Jennings provides Quantitative Analyst positions with a focus on financial services. They operate in New York, Chicago, and San Francisco. Selby Jennings specializes in recruiting for financial institutions.


  3. Barclays
    Average Salary: $180,247
    Barclays offers Quantitative Analyst roles in various financial sectors. They have offices in New York, London, and Dubai. Barclays is a global bank with a strong focus on investment banking.


  4. Citi
    Average Salary: $179,775
    Citi offers Quantitative Analyst positions in their financial services division. They operate in New York, London, and Hong Kong. Citi is a leading global bank with a wide range of financial services.


  5. Fannie Mae
    Average Salary: $165,500
    Fannie Mae provides Quantitative Analyst roles in the mortgage sector. They are based in Washington, D.C., and have offices in major cities. Fannie Mae focuses on the U.S. housing market.


  6. TEKsystems
    Average Salary: $158,667
    TEKsystems offers Quantitative Analyst positions in various industries. They operate in multiple locations across the U.S. TEKsystems specializes in IT and financial services staffing.


  7. Freddie Mac
    Average Salary: $156,212
    Freddie Mac offers Quantitative Analyst roles in the mortgage sector. They are based in McLean, Virginia, and have offices nationwide. Freddie Mac supports the U.S. housing market.


  8. USAA
    Average Salary: $151,136
    USAA provides Quantitative Analyst positions in financial services. They operate in San Antonio, Texas, and have offices across the U.S. USAA focuses on financial services for military members and their families.


  9. Bank of America
    Average Salary: $149,059
    Bank of America offers Quantitative Analyst roles in their financial services division. They operate in Charlotte, North Carolina, and have offices nationwide. Bank of America is a leading global bank.


  10. Puget Sound Energy
    Average Salary: $139,336
    Puget Sound Energy offers Quantitative Analyst positions in the energy sector. They operate in Bellevue, Washington, and serve the Pacific Northwest. They focus on providing electricity and natural gas.

How to earn more as a Quantitative Analyst?

A Quantitative Analyst can increase their earnings by focusing on several key areas. Building a strong foundation in mathematics, statistics, and computer science is essential. Mastery of these subjects allows for more complex analysis and modeling, which can lead to higher-paying positions. Gaining experience in specific industries, such as finance or healthcare, can also open up opportunities for higher salaries. Networking with professionals in the field can lead to job opportunities that offer better compensation.

Continuous learning and professional development play a crucial role in earning more. Certifications in areas like financial modeling, data analysis, or machine learning can make a candidate more attractive to employers. Taking on leadership roles or responsibilities can also lead to higher earnings. Being proactive in seeking out and negotiating better salary packages demonstrates value and can lead to increased compensation. Staying updated with the latest tools and technologies used in the industry ensures that a Quantitative Analyst remains competitive and in demand.

Here are five factors to consider for earning more as a Quantitative Analyst:

  1. Master key subjects like mathematics, statistics, and computer science.
  2. Gain industry-specific experience to increase job opportunities.
  3. Network with professionals to discover better-paying roles.
  4. Pursue certifications in relevant areas to enhance skills.
  5. Take on leadership roles and negotiate salary packages.

Currently 179 Quantitative Analyst job openings, nationwide.

How's the job market for a Quantitative Analyst in the US?

Learn what a Quantitative Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Quantitative Analyst today.
Position
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Quantitative Analyst
179 Job Openings