Financial Quantitative Analysts
Overview
Introduction
Financial quantitative analysts, also called quantitative research analysts, assist companies and individuals in making informed decisions about investments. They analyze the performance of various types of investments, such as stocks and bonds, and research opportunities for investments based on the companies' and individuals' financial situations. They review their client's financial history and goals and current and projected economic and business trends. They write reports and present their findings and recommendations ...
Quick Facts
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
The average salary for financial quantitative analysts was $98,146 in 2019, according to PayScale.com. Earnings ranged from $58,000 to $144,000 or more.
The U.S. Department of Labor reports that median annual earnings of financial analysts were $85,660 in May 2018. Top earners (the top 10 percent) made more than $167,420, and the lowest salaries (the lowest 10 percent) were less than $...
Work Environment
Financial quantitative analysts usually work in a corporate office environment. Much of their work is conducted independently, through online research and by talking on the phone with clients. Some may work from their home offices. Travel is also required for client meetings, conferences and events, and conducting research by visiting other companies' locations. They often work more than 40 hou...
Outlook
Employment for financial analysts is expected to grow about as fast as the average for all careers through 2028, according to the Occupational Outlook Handbook (OOH). As the economy strengthens, business investments will continue to grow. Demand for quantitative analysts will increase due to the increasingly complex nature and wide variety of financial products and investment ...
