How much does a Quantitative Analyst make?
A Quantitative Analyst uses math and statistics to solve problems for businesses. They often work in finance, trading, or other areas that need data analysis. The salary for this role can vary depending on experience and location. On average, a Quantitative Analyst makes about $131,931 per year. Here are some common salaries:
- 10% earn $61,000 or less
- 25% earn between $61,000 and $91,727
- 50% earn between $91,727 and $137,818
- 75% earn between $137,818 and $183,909
- 90% earn less than $214,636
These numbers show a wide range. With more experience and skills, a Quantitative Analyst can earn more. It is a field with good growth and many opportunities.
What are the highest paying cities for a Quantitative Analyst?

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San Francisco, CA
Average Salary: $164,545
In San Francisco, opportunities exist in tech companies and finance. The city's vibrant business environment offers great potential for growth.
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Washington, DC
Average Salary: $156,852
Working in Washington, DC, involves roles in government and finance. The city offers a unique blend of policy and numbers.
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Dallas, TX
Average Salary: $148,988
In Dallas, job seekers can find roles in energy and finance. The city provides a dynamic business landscape with many growth opportunities.
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Boston, MA
Average Salary: $138,233
Boston offers a mix of finance and healthcare. The city's academic institutions provide excellent networking and job opportunities.
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San Antonio, TX
Average Salary: $134,945
In San Antonio, roles in finance and tech are available. The city's growing business sector provides many chances for career advancement.
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Seattle, WA
Average Salary: $131,993
Seattle offers roles in tech and finance. The city's innovative environment fosters a strong career in data analysis.
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Charlotte, NC
Average Salary: $130,594
Charlotte provides opportunities in banking and finance. The city's business-friendly environment supports professional growth.
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Pittsburgh, PA
Average Salary: $126,873
In Pittsburgh, roles in healthcare and finance are common. The city's economic revitalization creates a positive job market.
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Baltimore, MD
Average Salary: $125,153
Baltimore offers jobs in finance and healthcare. The city's diverse economy provides many opportunities for growth.
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Houston, TX
Average Salary: $125,014
In Houston, positions in energy and finance are available. The city's strong business sector offers a solid foundation for career development.
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What are the best companies a Quantitative Analyst can work for?

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UBS
Average Salary: $202,500
UBS offers Quantitative Analyst jobs with a strong focus on risk management and financial modeling. They operate globally, with major offices in Switzerland, the USA, and the UK. Professionals here develop and implement complex algorithms to analyze and predict financial trends.
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Citi
Average Salary: $188,834
At Citi, Quantitative Analysts play a key role in developing trading strategies and risk assessments. The company operates in multiple countries, including the US, Europe, and Asia. They use advanced mathematical models to support decision-making across various financial markets.
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Fannie Mae
Average Salary: $169,146
Fannie Mae provides Quantitative Analyst roles focused on mortgage-backed securities and financial analysis. With operations in the USA, this company helps maintain a stable housing market. Analysts here ensure the accuracy and efficiency of financial models and data.
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Barclays
Average Salary: $168,584
Barclays employs Quantitative Analysts to work on trading strategies and risk management. They have offices worldwide, including in the USA, UK, and the Middle East. Here, analysts develop models that guide investment decisions and market analysis.
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Freddie Mac
Average Salary: $161,683
Freddie Mac offers Quantitative Analyst positions with a focus on analyzing financial data and risk. They operate nationally in the USA, supporting the housing market. Professionals here create models to evaluate mortgage-backed securities and market trends.
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Fidelity Investments
Average Salary: $156,692
Fidelity Investments hires Quantitative Analysts to work on investment strategies and risk management. Operating in the USA, they focus on financial services. Analysts develop algorithms to optimize investment portfolios and analyze market conditions.
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Pacific Gas and Electric
Average Salary: $148,142
Pacific Gas and Electric employs Quantitative Analysts to optimize energy distribution and pricing models. They operate in California, focusing on utility services. Analysts here use data to improve efficiency and forecast energy needs.
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Youtube
Average Salary: $147,200
Youtube offers Quantitative Analyst roles that focus on data-driven decision making for ad revenue and user engagement. With operations worldwide, they analyze vast amounts of data to improve user experience and content recommendations.
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Bank of America
Average Salary: $145,308
Bank of America provides Quantitative Analyst positions focused on financial modeling and risk management. They have a global presence, with significant operations in the USA and Europe. Here, analysts work on strategies to enhance financial performance and manage risks.
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PNC Financial Services Group
Average Salary: $135,606
PNC Financial Services Group offers Quantitative Analyst roles that focus on financial analysis and risk management. They operate across the USA, providing banking and financial services. Analysts here develop models to support decision-making and manage financial risks.
How to earn more as a Quantitative Analyst?
Earning more as a Quantitative Analyst involves leveraging skills and experiences effectively. Focus on continuous learning and specialization. This profession demands strong analytical and mathematical skills, and staying ahead can lead to better job opportunities and salaries. Seek roles in high-demand sectors such as finance and technology, where Quantitative Analysts are often well-compensated.
Networking and gaining certifications also play a significant role. Building a robust professional network can open doors to higher-paying positions. Certifications in quantitative methods or financial modeling can enhance credibility and earning potential. Consider factors such as geographic location and industry to maximize salary. Top-tier firms in financial hubs typically offer higher compensation packages.
Look at these key factors to increase earnings:
- Continuous Education: Always improve skills with courses and certifications.
- Specialization: Focus on a niche to stand out in the job market.
- Networking: Connect with industry professionals for better job opportunities.
- Certifications: Obtain relevant credentials to boost credibility.
- Location and Industry: Choose high-paying sectors and regions for higher salaries.



