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A quantitative analyst in finance is a highly skilled professional who applies mathematical and statistical techniques to analyze and solve complex financial problems. They use their expertise to develop and implement models, algorithms, and trading strategies to optimize investment decisions, risk management, and portfolio management. Quantitative analysts work closely with traders, portfolio managers, and other stakeholders to provide insights and recommendations based on rigorous analysis of financial data. They utilize programming languages such as Python, R, and MATLAB to manipulate and analyze large datasets and develop sophisticated financial models. Strong analytical and problem-solving skills are crucial for this role, as well as a thorough understanding of financial markets and instruments. The occupation of a quantitative analyst in finance requires continuous learning and staying updated with the latest developments in quantitative finance, as well as excellent communication skills to effectively communicate complex ideas to non-technical stakeholders.
Estimated Yearly Salary: 3,948,141 INR
Estimated Monthly Salary: 329,012 INR
Estimated Weekly Salary: 75,926 INR per week
Estimated Hourly Salary: 1,898 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 318,345 INR
Estimated Weekly Salary: 73,464 INR per week
Estimated Hourly Salary: 1,837 INR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 43,892 USD
Estimated Monthly Salary: 3,658 USD
Estimated Weekly Salary: 844 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 3,948,141 INR
Estimated Monthly Salary: 329,012 INR
Estimated Weekly Salary: 75,926 INR per week
Estimated Hourly Salary: 1,898 INR per hour
By working as Quantitative Analyst Finance a person can save up to 2,762 USD per month or 33,150 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Quantitative Analyst Finance
Last revision of data: 2025-01-04
Data as of 2025
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Quantitative Analyst Finance salary in India
Average Yearly Salary of Quantitative Analyst Finance in India is approximately 3,948,141 INR (43,892 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Quantitative Analyst Finance do?

Skills: Quantitative Analyst, Finance, Mathematical Modeling, Risk Management, Portfolio Management, Financial Markets
Job industry: Finance
Job industry: Finance
How much does Quantitative Analyst Finance make?
Salary details
How much does Quantitative Analyst Finance make?Estimated Yearly Salary: 3,948,141 INR
Estimated Monthly Salary: 329,012 INR
Estimated Weekly Salary: 75,926 INR per week
Estimated Hourly Salary: 1,898 INR per hour
Comparing salary to last year:
Estimated Yearly Salary: 3,820,140 INREstimated Monthly Salary: 318,345 INR
Estimated Weekly Salary: 73,464 INR per week
Estimated Hourly Salary: 1,837 INR per hour
Quantitative Analyst Finance estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 43,892 USD
Estimated Monthly Salary: 3,658 USD
Estimated Weekly Salary: 844 USD per week
Estimated Hourly Salary: 21 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Finance job salary compared to average salary in India.
Comparison shows that a person working as Quantitative Analyst Finance in India earns on average:
2.13 times the average salary (or 213% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Analyst Finance job salary compared to average salary in India.
Comparison shows that a person working as Quantitative Analyst Finance in India earns on average:
2.13 times the average salary (or 213% of average salary).
Is Quantitative Analyst Finance a well paid job?
Yes, our data show that Quantitative Analyst Finance is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Quantitative Analyst Finance?
High salary for Quantitative Analyst Finance would be somewhere between 4,342,955 INR and 5,724,804 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Analyst Finance in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,948,141 INR
Estimated Monthly Salary: 329,012 INR
Estimated Weekly Salary: 75,926 INR per week
Estimated Hourly Salary: 1,898 INR per hour
By working as Quantitative Analyst Finance a person can save up to 2,762 USD per month or 33,150 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Quantitative Analyst Finance
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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