Associate Quantitative Analyst

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Associate Quantitative Analyst Salary in India (Updated 2025)

based on 31 latest salaries • updated: 19 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹7 Lakhs - ₹32 Lakhs

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Associate Quantitative Analyst Salary in India ranges between ₹7 Lakhs to ₹32 Lakhs for 1 year of experience to 16 years of experience. Salary estimates are based on 31 latest salaries received from Associate Quantitative... Read More

Latest annual salaries shared by Associate Quantitative Analysts

4d ago

Invesco

Associate Quantitative Analyst

3 years exp.

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1mo ago

DBRS Morningstar

Associate Quantitative Analyst

3 years exp.

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1mo ago

Morningstar

Associate Quantitative Analyst

3 years exp.

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2mo ago

Morningstar

Associate Quantitative Analyst

3 years exp.

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2mo ago

DBRS Morningstar

Associate Quantitative Analyst

2 years exp.

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2mo ago

DBRS Morningstar

Associate Quantitative Analyst

2 years exp.

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2mo ago

Morningstar

Associate Quantitative Analyst

3 years exp.

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4mo ago

Morgan Stanley

Associate Quantitative Analyst

3 years exp.

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4mo ago

Invesco

Associate Quantitative Analyst

2 years exp.

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7mo ago

Morningstar

Associate Quantitative Analyst

2 years exp.

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Associate Quantitative Analyst salaries by

Years of experience Avg. annual salary
1 year
(5 salaries)
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₹1.8 L/yr - ₹12.1 L/yr

2 years
(10 salaries)
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₹7 L/yr - ₹15 L/yr

3 years
(11 salaries)
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₹9.3 L/yr - ₹26 L/yr

4 years
(2 salaries)
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₹16 L/yr - ₹45 L/yr

5 years
(2 salaries)
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₹32 L/yr - ₹45 L/yr

View all salaries by experience

Associate Quantitative Analyst Jobs in India

Associate Quantitative Analyst

· 1-2 years

Morningstar India (P) Ltd.

·
3.9

Mumbai

View all Associate Quantitative Analyst jobs

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Associate Quantitative Analyst Salary By Locations

Locations Avg. annual salary
Mumbai
Associate Quantitative Analyst
2 - 3 years exp.
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₹8.2 L/yr - ₹13 L/yr

Bangalore / Bengaluru
Associate Quantitative Analyst
2 - 5 years exp.
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₹15 L/yr - ₹45 L/yr

Navi Mumbai
Associate Quantitative Analyst
1 - 2 years exp.
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₹9.8 L/yr - ₹12.1 L/yr

Hyderabad / Secunderabad
Associate Quantitative Analyst
2 - 16 years exp.
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₹10.2 L/yr - ₹15 L/yr

Pune
Associate Quantitative Analyst
1 - 3 years exp.
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₹9.7 L/yr - ₹11.3 L/yr

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Associate Quantitative Analyst Salary By Industries

Industries Avg. annual salary

Financial Services

Associate Quantitative Analyst
1 - 5 years exp.
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₹7 L/yr - ₹45 L/yr

Analytics & KPO

Associate Quantitative Analyst
1 - 16 years exp.
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₹7 L/yr - ₹12 L/yr

Internet

Associate Quantitative Analyst
1 - 3 years exp.
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₹7 L/yr - ₹12 L/yr

Consulting

Associate Quantitative Analyst
4 - 5 years exp.
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₹32 L/yr - ₹45 L/yr

Advertising / PR / Events

Associate Quantitative Analyst
15 - 16 years exp.
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₹9.1 L/yr - ₹12.4 L/yr

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Frequently Asked Questions (FAQS) about Associate Quantitative Analyst Salaries

What is the salary of a Associate Quantitative Analyst in India?
The salary of a Associate Quantitative Analyst in India varies based on experience, location, company & Industry. On average, Associate Quantitative Analyst salaries ranges from ₹7.0 Lakhs to ₹32.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹7.0 Lakhs to ₹32.0 Lakhs per year, with the highest salary reaching ₹8.2 Lakhs to ₹12.0 Lakhs per year. Salary estimates are based on 31 salaries received from various Associate Quantitative Analysts across industries.
What are the top paying cities for Associate Quantitative Analyst in India?
The annual salary for Associate Quantitative Analyst in India varies by location. Top paying cities for Associate Quantitative Analyst are
Associate Quantitative Analyst Salary in Bangalore / Bengaluru ₹15.0 Lakhs to ₹45.0 Lakhs per year
Associate Quantitative Analyst Salary in Hyderabad / Secunderabad ₹10.2 Lakhs to ₹15.0 Lakhs per year
Associate Quantitative Analyst Salary in Mumbai ₹8.2 Lakhs to ₹13.0 Lakhs per year
Associate Quantitative Analyst Salary in Pune ₹9.7 Lakhs to ₹11.3 Lakhs per year
Associate Quantitative Analyst Salary in Navi Mumbai ₹9.8 Lakhs to ₹12.1 Lakhs per year
Salary expectations for Associate Quantitative Analyst may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Associate Quantitative Analyst in India?
Top 5 paying Industries for Associate Quantitative Analyst in India are:
Associate Quantitative Analyst Salary in Consulting ₹32.0 Lakhs to ₹45.0 Lakhs per year
Associate Quantitative Analyst Salary in IT Services & Consulting ₹23.4 Lakhs to ₹29.9 Lakhs per year
Associate Quantitative Analyst Salary in Banking ₹13.5 Lakhs to ₹17.3 Lakhs per year
Associate Quantitative Analyst Salary in Financial Services ₹7.0 Lakhs to ₹45.0 Lakhs per year
Associate Quantitative Analyst Salary in Internet ₹7.0 Lakhs to ₹12.0 Lakhs per year
How does experience affect salaries of a Associate Quantitative Analyst in India?
Experience significantly impacts a Associate Quantitative Analyst salary in India. Salaries increase with experience, as Associate Quantitative Analyst take on more complex tasks, responsibilities, and leadership roles. Associate Quantitative Analyst salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹12.1 Lakhs per year
2 years ₹7.0 Lakhs to ₹15.0 Lakhs per year
3 years ₹9.3 Lakhs to ₹26.0 Lakhs per year
4 years ₹16.0 Lakhs to ₹45.0 Lakhs per year
and so on.

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