Quantitative Analyst Career

A quantitative analyst professional is the one who analyses data with quantitative and statistical techniques. The main purpose of hiring a quantitative analyst is to control the risks affecting organizations and see the proportional impact of one factor on another in the firm.

There are many colleges and universities that train students on finance, economics, statistics, etc. A combination of all these subjects would make a candidate good as a quantitative analyst. Below given is additional information pertaining to the quantitative analyst career.

How to become a Quantitative Analyst:

In order to become a quantitative analyst, candidates should try and enroll into courses like MBA – Finance concentration, BS in Economics, AA in Economics, BS in Finance and Economics, Masters of Business Administration – Finance, Bachelor of Business Administration – Generalist, etc. Candidates should have excellent analytical abilities and problem solving abilities.

Quantitative Analyst career courses, training, programs:

Candidates can opt for certificate courses in accounting and must be proficient with working in varied fields like financial analysis, economics and public policy management, etc. Candidates must be comfortable with working in statistical analytical tools like SPSS, etc and apply the rules for decision making.

Quantitative Analyst career schools/colleges, education:

There are many colleges and universities as those mentioned below that teach courses to make students well-grounded and excellent quantitative analysts. These courses can be extremely beneficial to candidates.

Top 5 colleges/universities:

Bryant & Stratton College

American Inter Continental University

Jones International University

Grand Canyon University

North Central University

Quantitative Analyst job opportunities, salaries/pay:

Candidates who aim to become a quantitative analyst can work in popular industries such as financial services, investment banking, banking, investment fund, energy or utilities, etc. The minimum years of experience expected from candidates who are working as quantitative analyst is about 5-9 years.

The total compensation of a quantitative analyst lies in the range of $50,000 to $175,000 per year. The median salary is about $120,000 per year. These salary estimates are taken from the Pay Scale website.

Category: Accounting Careers

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