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.
Financial Quantitative Analysts
SOC: 13-2099 O*NET: 13-2099.01
Median Salary
$80,190
per year
Job Growth
➡️ 3.1%
Average (2024-2034)
Annual Openings
10.3
projected jobs/year
Education Level
Bachelor's degree plus work experience, or graduate degree
Job Zone 5
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.
What does a Financial Quantitative Analysts do?
How much can you earn?
Entry Level
$46,420
10th percentile
Early Career
$60,140
25th percentile
Median
$80,190
50th percentile
Experienced
$109,120
75th percentile
Top Earners
$151,780
90th percentile
National Salary Distribution
10th
$46,420
25th
$60,140
Middle 50%
MEDIAN
$80,190
Mean: $93,890
75th
$109,120
90th
$151,780
Middle 50% of earners
Median salary
Mean (average)
Key Insights
- •Salary range spans $105,360 from entry level to top earners
- •Middle 50% earn between $60,140 and $109,120
- •Salary spread is 61.1% around the median, showing high variation
- •Total national employment: 127,450 professionals
What's the job outlook?
Job Market Intelligence
Medium Demand
Market demand
Medium Risk
Automation risk
Current Employment
National Employment:137,100
Top Industries
Finance and Insurance31.7%
Credit Intermediation and Related Activities17.4%
Credit Intermediation and Related Activities (5221 and 5223 only)13.9%
10-Year Outlook
Growth Rate:+3.1%
Annual Openings:10,300
Employment Projections
2024 (Current)137,100
Current
2034 (Projected)141,400
+3.1%
+4,300
Employment Change
+3.1%
Growth Rate
10
Year Projection
Growth Category: As fast as average
Geographic Salary & Employment Data
Explore where Financial Quantitative Analysts professionals work across the United States
Showing 15 of 50 locations
California
15,360 jobs$85,8501.03x
Texas
12,290 jobs$72,4001.07x
Illinois
7,140 jobs$81,1901.42x
Florida
7,030 jobs$63,0600.87x
New York
6,760 jobs$122,5100.86x
Virginia
5,560 jobs$85,6701.66x
New Jersey
4,870 jobs$92,8201.39x
Ohio
4,510 jobs$90,1700.99x
Georgia
4,370 jobs$75,7601.09x
Maryland
4,290 jobs$102,5001.89x
Pennsylvania
3,830 jobs$84,7000.77x
Colorado
3,820 jobs$87,2701.60x
Louisiana
3,500 jobs$53,3602.22x
North Carolina
3,260 jobs$82,2400.81x
Washington
3,110 jobs$75,5601.06x
Understanding the Data
Location Quotient (LQ):
- • LQ > 1.0: More jobs than national average
- • LQ = 1.0: Same as national average
- • LQ < 1.0: Fewer jobs than national average
Data Source:
Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), May 2024
Key Growth Factors
- •Average growth expected
What skills do you need?
Top 10 Most Important Skills
#1
Active Listening
100%
#2
Writing
94%
#3
Critical Thinking
86%
#4
Reading Comprehension
80%
#5
Complex Problem Solving
74%
#6
Speaking
66%
#7
Judgment and Decision Making
60%
#8
Active Learning
54%
#9
Coordination
46%
#10
Social Perceptiveness
40%
Skills Overview
Active Listening
advanced5.0
100%
Writing
advanced4.7
94%
Critical Thinking
intermediate4.3
86%
Reading Comprehension
basic4.0
80%
Complex Problem Solving
advanced3.7
74%
Speaking
intermediate3.3
66%
Judgment and Decision Making
intermediate3.0
60%
Active Learning
basic2.7
54%
Skills are rated on a scale of 0-5, with 5 being the most important. The complexity level indicates how advanced the skill typically needs to be.
Filter:
Sort by:
Active Listening
advancedImportance100%
skills
5.0/5.0
Writing
advancedImportance94%
skills
4.7/5.0
Critical Thinking
intermediateImportance86%
abilities
4.3/5.0
Reading Comprehension
basicImportance80%
abilities
4.0/5.0
Complex Problem Solving
advancedImportance74%
abilities
3.7/5.0
Speaking
intermediateImportance66%
skills
3.3/5.0
Judgment and Decision Making
intermediateImportance60%
abilities
3.0/5.0
Active Learning
basicImportance54%
abilities
2.7/5.0
Coordination
basicImportance46%
skills
2.3/5.0
Social Perceptiveness
basicImportance40%
skills
2.0/5.0
Highly Transferable Skills
These skills are valuable across multiple career paths, making career transitions easier:
Graphic Designers100%
5 shared skills
Administrative Law Judges, Adjudicators, and Hearing Officers82%
5 shared skills
Advertising and Promotions Managers82%
5 shared skills
Urologists82%
5 shared skills
Audiologists82%
5 shared skills
Broadcast Announcers and Radio Disc Jockeys82%
5 shared skills
Skills by Career Stage
Entry Level
Must Have:
- ✓Active Listening
- ✓Writing
Learn on the Job:
- →Speaking
- →Judgment and Decision Making
- →Active Learning
Mid Career
Expected:
- ✓Active Listening
- ✓Writing
- ✓Critical Thinking
- ✓Reading Comprehension
Senior Level
Mastery Required:
- ★Active Listening
- ★Writing
- ★Critical Thinking
- ★Reading Comprehension
- ★Complex Problem Solving
Skill Development Tips
- •Focus on developing the top 5 skills first - they have the highest impact on career success
- •Transferable skills open doors to related careers and provide flexibility
- •Balance technical skills with soft skills for well-rounded professional development
- •Entry-level positions prioritize foundational skills that can be built upon over time
What technology will you use?
Technology & Digital Skills
Essential technology proficiencies for Financial Quantitative Analysts
Technology Intensity
Low
Digital Literacy Requirements
This career requires basic digital literacy
1
Basic
2
Intermediate
3
Advanced
4
Expert
Key Digital Competencies:
Email and internet usageBasic software navigationFile management
Technology Stack
Technology stack information is being compiled for this career.
📚 Technology Learning Resources
Recommended Certifications
- •Vendor-specific software certifications
- •Industry-recognized technology credentials
- •Professional development courses
Online Learning Platforms
- •LinkedIn Learning - Comprehensive technology courses
- •Coursera - University-level programs
- •Udemy - Practical skills training
💡 Technology Skill Development Tips
- •Focus on mastering hot technologies first - they're currently most in-demand
- •Build a portfolio demonstrating your proficiency with key tools and software
- •Stay current through continuous learning - technology evolves rapidly
- •Consider vendor certifications to validate your skills to employers
What's the work environment like?
🏗️
Location
Varies
💪
Physical Demand
LOW
👥
Team Orientation
Varies
🤝
Customer Interaction
NONE
💡Is This Work Environment Right for You?
Consider these factors when evaluating if you'll thrive in this work environment:
- •Are you comfortable working in varies environments?
- •Can you meet low physical demands?
What career paths are available?
Career Pathways
0
Advancement Opportunities
0
Lateral Move Options
0%
Avg. Salary Increase
Advancement Opportunities
Typical career progression paths from Financial Quantitative Analysts
💡 Career Planning Tips
- •Most successful advancement happens after 3-5 years of experience
- •Lateral moves can provide valuable cross-functional experience for future leadership roles
- •Focus on developing skills that are transferable across multiple career paths
- •Consider industry trends when planning long-term career moves
Is this career right for you?
Personality & Values Fit
Is This Career Right for You?
Financial Quantitative Analysts professionals typically have a ICE Holland code and highly value independence
IInvestigative
CConventional
EEnterprising
Important Personality Traits
Work styles that contribute to success as a Financial Quantitative Analysts
Analytical Thinking
CriticalAnalytical Thinking
Importance Level4.80
Integrity
CriticalIntegrity
Importance Level4.60
Attention to Detail
CriticalAttention to Detail
Importance Level4.50
Persistence
Very ImportantPersistence
Importance Level4.35
Initiative
Very ImportantInitiative
Importance Level4.15
Achievement/Effort
Very ImportantAchievement/Effort
Importance Level4.10
Complete Work Styles Profile
Analytical Thinking
4.8
Integrity
4.6
Attention to Detail
4.5
Persistence
4.3
Initiative
4.2
Achievement/Effort
4.1
Dependability
4.0
Stress Tolerance
4.0
Adaptability/Flexibility
3.8
Innovation
3.8
💡 Tips for Career Fit Success
- •While personality fit is important, skills can be developed with practice and training
- •Consider informational interviews to better understand the day-to-day personality requirements
- •Work environments vary by employer - research specific companies for cultural fit
- •Your interests and values may evolve - reassess periodically throughout your career
What education is required?
Education Level
Bachelor's degree plus work experience, or graduate degree
Typical duration: 4 years
Preparation Level
Job Zone 5
Extensive Preparation Needed
Experience Needed
Extensive skill, knowledge, and experience needed
📚 Education Requirement
Required Level:Bachelor's degree plus work experience, or graduate degree
Most of these occupations require graduate school. These may include master's, doctoral, or professional degrees.
Training:
Extensive training and work experience required
💼 Experience Requirement
Extensive skill, knowledge, and experience needed
Common pathways to gain experience:
- • Master's or doctoral degree
- • Extensive work experience in the field
- • State licensure or professional certification
5
Job Zone Five: Extensive Preparation Needed
Most of these occupations require graduate school. These may include master's, doctoral, or professional degrees.
Master's or doctoral degreeExtensive work experience in the fieldState licensure or professional certification
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