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Financial Quantitative Analysts

$73.24K Median Salary 13.1K Job Openings (Annual Projection) 9.6% Job Growth

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About This Career

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.

Reported Job Titles

Investment Strategist, Portfolio Manager, Quantitative Analyst, Quantitative Research Analyst, Quantitative Strategy Analyst, Research Analyst

Career data shown for:

Skills You'll Need

Click on skills to find related courses.

Abilities

Mathematical Reasoning

Number Facility

Deductive Reasoning

Inductive Reasoning

Oral Comprehension

Written Comprehension

Oral Expression

Information Ordering

Problem Sensitivity

Speech Recognition

Fluency of Ideas

Speech Clarity

Written Expression

Near Vision

Category Flexibility

Originality

Selective Attention

Knowledge

Mathematics

Computers and Electronics

Economics and Accounting

English Language

Engineering and Technology

Skills

Mathematics

Critical Thinking

Reading Comprehension

Complex Problem Solving

Active Listening

Speaking

Judgment and Decision Making

Active Learning

Writing

Persuasion

Systems Analysis

Systems Evaluation

Coordination

Instructing

Learning Strategies

Monitoring

Social Perceptiveness

Time Management

Technology Skills

Object or component oriented development software

Analytical or scientific software

Enterprise resource planning ERP software

Data base user interface and query software

Development environment software

Operating system software

Spreadsheet software

Graphics or photo imaging software

Office suite software

Data base management system software

Financial analysis software

Business intelligence and data analysis software

Internet browser software

Presentation software

Data mining software

Web platform development software

Tools

Photocopiers

Scanners

Mainframe computers

Notebook computers

Desktop computers

Special purpose telephones

Personal computers

Abilities

Mathematical Reasoning: The ability to choose the right mathematical methods or formulas to solve a problem.
Number Facility: The ability to add, subtract, multiply, or divide quickly and correctly.
Deductive Reasoning: The ability to apply general rules to specific problems to produce answers that make sense.
Inductive Reasoning: The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
Oral Comprehension: The ability to listen to and understand information and ideas presented through spoken words and sentences.
Written Comprehension: The ability to read and understand information and ideas presented in writing.
Oral Expression: The ability to communicate information and ideas in speaking so others will understand.
Information Ordering: The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
Problem Sensitivity: The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
Speech Recognition: The ability to identify and understand the speech of another person.
Fluency of Ideas: The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
Speech Clarity: The ability to speak clearly so others can understand you.
Written Expression: The ability to communicate information and ideas in writing so others will understand.
Near Vision: The ability to see details at close range (within a few feet of the observer).
Category Flexibility: The ability to generate or use different sets of rules for combining or grouping things in different ways.
Originality: The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem.
Selective Attention: The ability to concentrate on a task over a period of time without being distracted.

Knowledge

Mathematics: Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Computers and Electronics: Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Economics and Accounting: Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
English Language: Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
Engineering and Technology: Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.

Skills

Mathematics: Using mathematics to solve problems.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Persuasion: Persuading others to change their minds or behavior.
Systems Analysis: Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Systems Evaluation: Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
Coordination: Adjusting actions in relation to others' actions.
Instructing: Teaching others how to do something.
Learning Strategies: Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
Monitoring: Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Social Perceptiveness: Being aware of others' reactions and understanding why they react as they do.
Time Management: Managing one's own time and the time of others.

Technology Skills

Object or component oriented development software: C++; Microsoft Visual C#; Python; R
Analytical or scientific software: SAS; StataCorp Stata; The MathWorks MATLAB; Tibco S-PLUS
Enterprise resource planning ERP software: SAP
Data base user interface and query software: Clinical trials database software; Microsoft Access; Patient monitoring systems; Structured query language SQL
Development environment software: Software development tools
Operating system software: Bash; Linux; Microsoft Windows; UNIX
Spreadsheet software: Microsoft Excel
Graphics or photo imaging software: Graphics software
Office suite software: Microsoft Office
Data base management system software: MySQL
Financial analysis software: Portfolio analysis software; SunGard Financial Systems AddVantage
Business intelligence and data analysis software: Qlik Tech QlikView; Tableau
Internet browser software: Web browser software
Presentation software: Microsoft PowerPoint
Data mining software:
Web platform development software: JavaScript; PHP: Hypertext Preprocessor

Tools

Photocopiers: Photocopying equipment
Scanners: Computer data input scanners
Mainframe computers:
Notebook computers: Laptop computers
Desktop computers:
Special purpose telephones: Multiline telephone systems
Personal computers: