Position
Salary

How much does a Quantitative Analyst make?

The average salary for a Quantitative Analyst is $131,931 per year in the US.

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.

View Quantitative Analyst jobs nearby

What are the highest paying cities for a Quantitative Analyst?

San Francisco, CA, offers the highest average salary for Quantitative Analysts at $164,545. This major tech hub attracts top talent and pays well for quantitative skills. Washington, DC, and Dallas, TX, follow closely, each offering competitive wages above $148,000. Job seekers in finance and tech can find attractive opportunities in these cities. Boston, MA, and San Antonio, TX, also provide strong salaries around $138,000 and $135,000 respectively. These cities are great places to pursue a career with good pay and growth potential.
Graph displaying highest paying cities salaries for Quantitative Analyst jobs, highlighting San Francisco, CA with the highest at $164,545 and Houston, TX with the lowest at $125,014.
  1. 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.
    Find Quantitative Analyst jobs in San Francisco, CA


  2. 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.
    Find Quantitative Analyst jobs in Washington, DC


  3. 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.
    Find Quantitative Analyst jobs in Dallas, TX


  4. 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.
    Find Quantitative Analyst jobs in Boston, MA


  5. 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.
    Find Quantitative Analyst jobs in San Antonio, TX


  6. 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.
    Find Quantitative Analyst jobs in Seattle, WA


  7. Charlotte, NC
    Average Salary: $130,594
    Charlotte provides opportunities in banking and finance. The city's business-friendly environment supports professional growth.
    Find Quantitative Analyst jobs in Charlotte, NC


  8. 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.
    Find Quantitative Analyst jobs in Pittsburgh, PA


  9. Baltimore, MD
    Average Salary: $125,153
    Baltimore offers jobs in finance and healthcare. The city's diverse economy provides many opportunities for growth.
    Find Quantitative Analyst jobs in Baltimore, MD


  10. 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.
    Find Quantitative Analyst jobs in Houston, TX

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

UBS offers Quantitative Analysts the highest average salary at $202,500. Citi follows closely with an average salary of $188,834. Fannie Mae provides an attractive average salary of $169,146 for these professionals. Barclays and Freddie Mac also provide competitive average salaries, at $168,584 and $161,683 respectively. Fidelity Investments, Pacific Gas and Electric, and Bank of America each offer salaries above $145,000. PNC Financial Services Group rounds out the list with an average salary of $135,606.
Graph displaying best paying company salaries for Quantitative Analyst jobs, highlighting UBS with the highest at $202,500 and PNC Financial Services Group with the lowest at $135,606.
  1. 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.


  2. 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.


  3. 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.


  4. 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.


  5. 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.


  6. 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.


  7. 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.


  8. 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.


  9. 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.


  10. 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.

Currently 150 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
Overview
Quantitative Analyst
150 Job Openings