In this career summary, you will find out what the job of A Financial Quant Analyst is about and what it is like.
After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.
Financial Quantitative Analysts develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.
Analyze pricing or risks of carbon trading products.
Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities.
Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
Financial Quant Analysts with little to no experience tend to make between $37360 and $49590 while the more experienced ones make over $88590 per year.
Top 5 paying states
1 of the easiest ways to increase your salary as A Financial Quant Analyst is to move to a higher paying state like DC. Right now, the highest paying states for Financial Quant Analysts are DC, NY, VA, MA and PA.
However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be 2x higher than where you are currently at now.
3 other factors that can increase your salary as A Financial Quant Analyst is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).
Related to Financial Quantitative Analysts Career Information
Financial Quantitative Analysts job description, Financial Quantitative Analysts salary, Financial Quantitative Analysts information, what is the job of a Financial Quantitative Analyst like, pros and cons about Financial Quantitative Analysts, colleges and universities for Financial Quantitative Analysts, is Financial Quantitative Analysts the right career for me, Quite Hard careers to get into, careers in Business and Finance
OwlGuru.com is a career and college finder site. We help students to find a career and college that is right for them.
Financial Quantitative Analysts
Written by: Stanley Tan
Financial Quant Analysts develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.