Quantitative Analyst

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Quantitative Analyst Salary in India

based on 747 latest salaries

Average Annual Salary

22.6 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

90,565 - ₹ 92,946

Quantitative Analyst salary in India ranges between ₹ 2.6 Lakhs to ₹ 45.0 Lakhs with an average annual salary of ₹ 22.6 Lakhs. Salary estimates are based on 747 latest salaries received from Quantitative Analysts.

Last Updated: 16 June, 2024

Salaries in different departments

Data Science & Analytics
Quantitative Analyst Salary
0 - 5 years exp. (124 salaries)
14.8 Lakhs

₹2.6 L/yr - ₹32.6 L/yr

Finance & Accounting
Quantitative Analyst Salary
0 - 5 years exp. (72 salaries)
14.8 Lakhs

₹2.6 L/yr - ₹36.5 L/yr

BFSI, Investments & Trading
Quantitative Analyst Salary
0 - 5 years exp. (64 salaries)
14.7 Lakhs

₹3 L/yr - ₹38 L/yr

Risk Management & Compliance
Quantitative Analyst Salary
0 - 4 years exp. (30 salaries)
15.8 Lakhs

₹8.5 L/yr - ₹32 L/yr

Engineering - Software & QA
Quantitative Analyst Salary
0 - 3 years exp. (16 salaries)
14.4 Lakhs

₹3 L/yr - ₹35 L/yr

View all

Average Annual Salary by Experience

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Quantitative Analyst salary in India with less than 1 year of experience to 6 years ranges from ₹ 2.6 Lakhs to ₹ 45.0 Lakhs with an average annual salary of ₹ 22.6 Lakhs based on 747 latest salaries.

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Top Skills for Quantitative Analysts

based on 282 jobs

Skills

Jobs demanding the skill

1

Python

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2

Quantitative Analysis

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4

Analytics

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Companies for Quantitative Analyst in India

Sort By: Popular
Company Name Avg Annual Salary

18.9 Lakhs

₹9 L/yr - ₹33.2 L/yr

1 - 4 yrs exp. (42 salaries)

10.6 Lakhs

₹7.5 L/yr - ₹15 L/yr

16.4 Lakhs

₹9 L/yr - ₹26 L/yr

0 - 3 yrs exp. (33 salaries)

17.9 Lakhs

₹9 L/yr - ₹25 L/yr

2 - 4 yrs exp. (30 salaries)

18.2 Lakhs

₹7.5 L/yr - ₹26 L/yr

0 - 7 yrs exp. (23 salaries)

21 Lakhs

₹8.5 L/yr - ₹36.4 L/yr

12.8 Lakhs

₹9 L/yr - ₹18 L/yr

0 - 3 yrs exp. (19 salaries)

30.2 Lakhs

₹24 L/yr - ₹37 L/yr

0 - 5 yrs exp. (18 salaries)

20 Lakhs

₹10.8 L/yr - ₹30 L/yr

5.2 Lakhs

₹4 L/yr - ₹7.3 L/yr

Salary related reviews by similar designations like Quantitative Analyst

Credit Suisse

Software Developer

4.0
posted on 17 Jul 2021

3.0 for Salary and Benefits

Likes

The company is open to innovation and adopts latest technology. I'm grateful that i am a part o the team that always move towards new technology, high quality products with strongly security.

read more

Dislikes

Compensation is not much good. Sometimes work pressure is vey high .

Morningstar

Associate

3.0
posted on 26 Jun 2023

3.0 for Salary and Benefits

Likes

Work Culture is at the top. Flexibility is more compared to other top MNCs. And they focus more on Employees learning and development.

read more

Dislikes

Salary is less compared to its peers. Job is very monotonous after a certain period of time.

read more

JPMorgan Chase & Co.

Senior Software Engineer

4.0
posted on 20 May 2024

4.0 for Salary and Benefits

Likes

Good Work Culture Work Life Balance is Good Joining Package is good You have the freedom to express your views and provide your input Works on latest tech. Very active on picking up latest tech to the project.

read more

Dislikes

-Hike are average -Employees who are not working good or are too bad both in personality as well as professionality are given way too much leniency which makes it very tough for other employees who are trying to do good for the project. -Office politics are fairly visible from the onshore US teams.

read more

Crisil

Senior Associate

4.0
posted on 02 Mar 2020

3.0 for Salary and Benefits

Likes

Crisil has good infrastructure, good working environment,good people. People have flexibility of working hours. Crisil has indian holidays even if you work for US process or any other countries. Crisil celebrate Indian as well as well Christmas festivals in office. Crisil as separate training programs as well were you can learn new things like automation process n other things. Crisil has drop facility after 10pm for girls and 11 pm for boys. There is very low chances that you will kick out from company but it depends upon your performance and compliance Crisil is doing so many social activities mainly in tree plantation, beach cleanings and education.

read more

Dislikes

Sometimes work pressure is high so you have to stretch for 2 to 3 hrs. Crisil don't give extra pay for extra working hours.you to do many activities other than core activities which is sometimes painful. Appreciation and motivation is low. Traveling to Crisil might be hectic for the most of the people who are traveling from Andheri stations as it's is far from Andheri station. However Crisil as pick up facilities from nearby stations. Crisil don't much outings for employees but they organise party in hotels and family carnival once a year, were parents and freinds can come to their office.

read more

JPMorgan Chase & Co.

Senior Associate

4.0
posted on 09 Aug 2023

5.0 for Salary and Benefits

Likes

Salary is at par with top organisations. Benefits are really good. Yearly incentive is 15-18% of CTC. Yearly hike is around 12-15% of gross pay.

read more

Dislikes

Promotions are given to those who spend at least 5+ years in the organisation. Need to go to office weekly twice without fail, reminds me of school days when manager announces work-from-office attendance every 2 weeks. Long working hours, work life balance is a myth here. Company's culture is spoilt here in India, Managers are encouraged to micro-manage their team and managers do this job way-too-well.

read more

Frequently Asked Questions about Quantitative Analyst Salaries

What is the salary of a Quantitative Analyst in India?
Average salary for a Quantitative Analyst in India is 22.6 Lakhs per year (₹1.9L per month). Salary estimates are based on 747 latest salaries received from various Quantitative Analysts across industries.
What are the top paying companies that employ Quantitative Analysts?
What is the starting salary for a Quantitative Analyst in India?
Average starting Salary for Quantitative Analyst in India is around ₹2.6 Lakhs per year (₹21.7k per month). No prior experience is required to be a Quantitative Analyst.
What is the highest salary for a Quantitative Analyst in India?
Highest salary that a Quantitative Analyst can earn is ₹45.0 Lakhs per year (₹3.8L per month).
How does Quantitative Analyst Salary in India change with experience?
An Entry Level Quantitative Analyst with less than three years of experience earns an average salary of ₹22.1 Lakhs per year. A mid-career Quantitative Analyst with 4-9 years of experience earns an average salary of ₹18.1 Lakhs per year, while an experienced Quantitative Analyst with 10-20 years of experience earns an average salary of ₹29.6 Lakhs per year.
What are the top paying industries for Quantitative Analyst in India?
What are the top paying cities for Quantitative Analyst in India?
What are the popular/top skills required to become a Quantitative Analyst?
These are the top skills of a Quantitative Analyst based on 282 jobs posted by employers.
  • Python
  • Quantitative Analysis
  • SQL
  • Analytics
  • C++