Quantitative Financial Market Analyst

A quantitative financial market analyst is a person who works in finance using numerical or quantitative techniques.

Low-end Salary: 
$46,322/yr
Median Salary: 
$75,000/yr
High-end Salary: 
$120,000/yr
Education: 

Quantitative financial market analysts often come from mathematics or physics backgrounds rather than finance related fields, and they are a major source of employment for people with physics and mathematics Ph.D's.

Math Required: 

College Algebra
Trigonometry
Calculus I and II
Differential Equations
Linear Algebra

When Math Is Used: 

A typical problem for a numerically oriented quantitative analyst would be to develop a model for pricing and managing a complex derivative product.

Potential Employers: 

Quantitative financial market analysts work in the financial markets, specifically in the banking industry to support trading and sales functions.

Facts: 

Harry Markowitz's 1952 Ph.D thesis "Portfolio Selection" was one of the first papers to formally adapt mathematical concepts to finance.

Contribute!

Know of a math-related career or how one uses math? Submit a career entry to the site!

You must be signed in. Don't have an account? Register here!

 

Quote Of The Day

"It should be evident that each step in my career has rested on a firm foundation in mathematics. For me, the study of mathematics was the key that opened the doors to the universe."

— Robert L. Stewart

NASA Astronaut

$118,130/yr
Physician
$321,686/yr
Attorney
$166,400/yr
Actuary
$160,780/yr
Cryptanalyst
$112,780/yr
Geographer
$85,932/yr
$140,498/yr
$90,247/yr
$86,550/yr
Geologist
$80,121/yr

Figures represent salary potential.

28
Jul

Here's an interesting story of a girl in Michigan with Grapheme-Color Synesthesia. In other words, she visualizes each digit, zero through nine, as a different color.

For her, and others with the same condition, it adds a new splash to math work.

previous posts