Financial Quantitative Analysts

Also Called: Investment Strategist, Portfolio Manager, Quantitative Analyst

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.

  • Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
  • Provide application or analytical support to researchers or traders on issues such as valuations or data.
  • Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
Industry Areas:

Finance and Business

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Work Context

  • Electronic Mail
  • Spend Time Sitting
  • Duration of Typical Work Week
  • Importance of Being Exact or Accurate
  • Indoors, Environmentally Controlled

Tools

  • Photocopiers
  • Scanners
  • Mainframe computers
  • Notebook computers
  • Desktop computers

Technology

Object or component oriented development software
Practical extraction and reporting language Perl
R
Presentation software
Microsoft PowerPoint
Analytical or scientific software
IBM SPSS Statistics
The MathWorks MATLAB

The Education & Training You Need

Skills

  • Mathematics
  • Critical Thinking
  • Reading Comprehension
  • Complex Problem Solving
  • Active Listening

Knowledge

Math and Science
arithmetic, algebra, geometry, calculus, or statistics
Engineering and Technology
computers and electronics
product and service development
Business
accounting and economics
Arts and Humanities
English language

Education

  • 65% Master's degree
  • 13% Bachelor's degree
  • 13% Post-baccalaureate certificate

Experience

Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

What are your training options on the pathway to this occupation?

Are You a Good Fit?

Occupation Traits

  • Conventional (Organizer)
  • Investigative (Thinker)

Work Styles

  • Analytical Thinking
  • Attention to Detail
  • Achievement/Effort
  • Dependability
  • Persistence
  • Integrity

Values

  • Independence
  • Achievement
  • Recognition

Abilities

  • Math
  • Verbal
  • Ideas and Logic

This is what Financial Quantitative Analysts across the country typically make.

$20.92 / hour
$43,510 /year

Entry Level

$37.65 / hour
$78,310 /year

Median Level

$67.29 / hour
$139,960 /year

Experienced Level

Income information reflects a regional average.
Income information reflects a national average.

This career’s National Job Outlook is

Bright

Please be sure to verify the outlook of this occupation with your instructor.

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