Quantitative Analyst (Junior)
Impact: Revenue generation, risk management, and strategic decision-making.
Develop and implement complex quantitative models, analyze financial data, and assist in designing trading strategies to optimize investment performance.
What the day looks like
- People interaction
- Moderate
- Team vs solo
- Team-oriented with individual research and model development.
- Client facing
- Rarely
- Impact visibility
- High
- Travel
- Rarely
- Schedule flexibility
- Structured
- Remote work
- Hybrid
- Typical work hours
- 50
- Stress level
- High
At a glance
- Median salary
- $120,000
- Entry-level
- $80,000 - $100,000
- Senior
- $180,000 - $250,000
- Growth by 2033
- 10% (faster than average)
- Demand
- Growing Fast
- Freelance potential
- Low
- Salary growth potential
- High
- Typical student debt
- $30,000 - $70,000
Skills you'll use
Hard skills
- Python
- R
- C++
- Statistical Modeling
- Machine Learning
- Financial Markets Knowledge
Soft skills
- Analytical Thinking
- Problem Solving
- Attention to Detail
Technical complexity: Very High
How to get there
- Minimum education
- Bachelor's Degree
- Licensing
- No
- Years to mid-career
- 3-5 years
- Years to senior
- 7-10 years
- Career switching
- Hard
Where this career leads
How people arrive here
Where you can go from here
Typical progression
- Quantitative Analyst
- Senior Quantitative Analyst
- Portfolio Manager / Quant Researcher
Future outlook
- Automation probability
- 15% to low risk due to complex problem-solving and model development.
- AI disruption risk
- Moderate
- Demand trend
- Growing Fast
How people feel about it
- Overall satisfaction
- 3.8/10
- Meaning
- 3.5/10
- Work-life balance
- 3/10
- Prestige
- 8.5/10
- Social perception
- High