A person working as a Quantitative Analyst in will on average earn $76534 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $76,534.00 |
| Weekly salary | $1,471.81 |
| Daily salary | $209.68 |
| Hourly salary | $26.21 |
This means quantitative analyst salary is above average!
Job Industry: finance
Description: A quantitative analyst is a professional who applies mathematical and statistical techniques to solve complex financial problems. They work in various industries, including finance, banking, insurance, and investment firms. Their primary role is to develop and implement mathematical models and algorithms to analyze and predict market trends, evaluate investment opportunities, and manage risk. Quantitative analysts use their expertise in mathematics, statistics, and computer programming to collect and analyze large sets of data. They develop and test mathematical models to assess the performance of financial instruments, create trading strategies, and optimize investment portfolios. They also provide recommendations and insights to traders, portfolio managers, and senior management based on their quantitative analysis.
Tagged with: Quantitative analyst, Mathematical modeling, Statistical analysis, Risk management, Financial forecasting, Investment strategy