Average Salary Range of a Quantitative Analyst

Salaries for quantitative analysts vary greatly, depending on the industry, company size, and geographic location.

According to JobzMall, the national median salary for quantitative analysts is $91,327 in the United States. However, salaries can range from as low as $60,000 to as high as $150,000 per year.

In the banking and finance industry, salaries tend to be higher for quantitative analysts. These professionals may make up to $150,000 per year, depending on their experience, the company they work for, and the location. On the other hand, quantitative analysts working in the technology industry might earn closer to $100,000.

Geographic location also plays an important role in determining salaries for quantitative analysts. For example, quantitative analysts in New York City may earn significantly more than those in other cities. In fact, the average salary for quantitative analysts in New York City is around $120,000 per year, while the average salary for quantitative analysts in other cities is around $90,000.

Finally, the size of the company can also affect salaries for quantitative analysts. Generally, larger companies tend to pay more than smaller companies. Quantitative analysts working for large companies may make up to $120,000 per year, while those working for smaller companies may make closer to $80,000.

Overall, salaries for quantitative analysts can range widely depending on the industry, company size, and geographic location. Therefore, it is important for prospective quantitative analysts to research and understand the salary ranges in their desired field before pursuing this career path.