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Individuals working in this profession utilize econometric, statistical and financial models to address common problems in finance, including derivative valuation, market regulation, risk management and securities trading. They confer with other financial industry professionals in order to gain a deeper understanding of the most pressing issues in the market, and to improve the function of numerical and analytical models. These professionals spend a considerable amount of time developing and implementing models and analytical procedures, and make requests for data collection and model specifications based on their efforts. Computer science and financial knowledge are crucial to this occupation.

A Financial Quantitative Analyst can get salaries in a range of $48,760 and $159,560 depending on the level of experience. can get an average wage of ninety-six thousand six hundred and thirty dollars per year.

can get the best pay in New York, where they receive compensation, on average, of close to about $130,670. This group of people are compensated most highly in Mining, Quarrying, and Oil and Gas Extraction, where they receive normal pay levels of $108,650.

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The national wage distribution is shown below. To overlay local salaries for a Financial Quantitative Analyst, please select your state.
Annual salary
Hourly rate

Financial Quantitative Analysts tend to make the most in the following industries:

Mining, Quarrying, and Oil and Gas Extraction
Finance and Insurance
Professional, Scientific, and Technical Services
Management of Companies and Enterprises

In general, they earn less within the industries below:

Accommodation and Food Services
Educational Services
Health Care and Social Assistance
Other Services (except Public Administration)
Arts, Entertainment, and Recreation
Transportation and Warehousing