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CAREER
Financial Quantitative Analysts
Overview
Salary Median (2020)
$78,310
Projected Job Growth (2019-2029)
+5.8% (as fast as the average)
Career
Roadtrip Nation Leaders in This Career
What Financial Quantitative Analysts Do
Develop quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develop mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.
Other Job Titles Financial Quantitative Analysts May Have
Investment Portfolio Control Consultant, Investment Strategist, Portfolio Manager, Quantitative Analyst, Quantitative Equity Analyst, Quantitative Research Analyst, Quantitative Strategy Analyst, Research Analyst
Tasks & Responsibilities May Include
- Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
- Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
- Interpret results of financial analysis procedures.
- Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- Define or recommend model specifications or data collection methods.
Education
Level of Education Attained by Financial Quantitative Analysts
Most common level of education among people in
this career: Master's degree (60%)
Bachelor's degree
Master's degree
Doctoral degree
Majors Related to Career
This page includes information from theO*NET 26.1 Databaseby the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under theCC BY 4.0license. O*NET® is a trademark of USDOL/ETA.
