Salary for Financial Quantitative Analysts

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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 usually gets an average salary between 48000 - 72000 based on experience and talent. Financial Quantitative Analysts will normally receive a pay level of Sixty Five Thousand Three Hundred dollars every year.

Financial Quantitative Analysts can receive the best compensation in the District of Columbia, where they receive an average salary rate of about $90410. This group of people can obtain the highest compensation in Manufacturing, where they can get average pay levels of $86080.

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The national wage distribution is shown below. To overlay local salaries for a Financial Quantitative Analyst, please select your state.
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The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 17.67 percent nationwide in that time.
Financial Quantitative Analysts tend to make the most in the following industries
Mining, Quarrying, and Oil and Gas Extraction $86,080
Manufacturing $76,110
Real Estate and Rental and Leasing $75,930
Professional, Scientific, and Technical Services $73,660
Utilities $72,770
Retail Trade $72,470
In general, they earn less within the industries below
Other Services (except Public Administration) $51,440
Health Care and Social Assistance $57,490
Accommodation and Food Services $57,830
Arts, Entertainment, and Recreation $61,500
Construction $64,250
Finance and Insurance $64,300