Quantitative Analyst

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Quantitative Analyst Salary in Bangalore / Bengaluru (Updated 2025)

based on 118 latest salaries • updated: 10 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹2.6 Lakhs - ₹35 Lakhs

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Quantitative Analyst Salary in Bangalore / Bengaluru ranges between ₹2.6 Lakhs to ₹35 Lakhs for less than 1 year of experience to 5 years of experience. Salary estimates are based on 118 latest salaries received... Read More
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Top Paying Companies for Quantitative Analyst with 1 year exp

Company name Avg. annual salary Open Jobs
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2 job openings
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Latest annual salaries shared by Quantitative Analysts

3d ago

Morningstar

Quantitative Analyst

1 year exp.

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4d ago

Crisil

Quantitative Analyst

1 year exp.

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5d ago

Indxx Capital Management Services

Quantitative Analyst

3 years exp.

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5d ago

Galytix Analytics

Quantitative Analyst

4 years exp.

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6d ago

HSBC Group

Quantitative Analyst

1 year exp.

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1w ago

Jane Street

Quantitative Analyst

5 years exp.

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1w ago

Dolat Capital Market

Quantitative Analyst

4 months exp.

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1w ago

Acies Consulting

Quantitative Analyst

3 years exp.

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1w ago

Dolat Capital Market

Quantitative Analyst

1 year exp.

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1w ago

Wells Fargo

Quantitative Analyst

2 years exp.

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View all latest salaries

Quantitative Analyst salaries by

Years of experience Avg. annual salary
Fresher
(9 salaries)
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₹1 L/yr - ₹25.5 L/yr

1 year
(40 salaries)
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₹1 L/yr - ₹28 L/yr

2 years
(28 salaries)
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₹2.3 L/yr - ₹33 L/yr

3 years
(21 salaries)
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₹6.9 L/yr - ₹37 L/yr

4 years
(11 salaries)
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₹9.2 L/yr - ₹27.5 L/yr

View all salaries by experience

Quantitative Analyst Jobs in Bangalore / Bengaluru

Quantitative Analyst

· 9-11 years

Morningstar

·
3.9

Thane

Quantitative Analyst

· 1-3 years

BNP Paribas

·
3.8

Mumbai

Quantitative Analyst

· 1-5 years

Mr. Cooper

·
4.0

Chennai

View all Quantitative Analyst jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Associate Analyst Salary
0 - 4 years exp.
(2.8k salaries)
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₹2.3 L/yr - ₹7.5 L/yr

Data Analyst Salary
0 - 6 years exp.
(27.1k salaries)
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₹2.2 L/yr - ₹13 L/yr

Business Analyst Salary
1 - 9 years exp.
(27.6k salaries)
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₹3.4 L/yr - ₹18.4 L/yr

Senior Analyst Salary
2 - 8 years exp.
(35.2k salaries)
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₹3.5 L/yr - ₹16.5 L/yr

Programmer Analyst Salary
1 - 5 years exp.
(9k salaries)
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₹3.7 L/yr - ₹8 L/yr

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Quantitative Analyst Salary In Other Locations

Locations Avg. annual salary
Mumbai
Quantitative Analyst
0 - 6 years exp.
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₹6 L/yr - ₹33 L/yr

Pune
Quantitative Analyst
0 - 5 years exp.
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₹3.6 L/yr - ₹20 L/yr

New Delhi
Quantitative Analyst
0 - 5 years exp.
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₹2.2 L/yr - ₹32 L/yr

Gurgaon / Gurugram
Quantitative Analyst
0 - 5 years exp.
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₹6 L/yr - ₹41 L/yr

Indore
Quantitative Analyst
1 - 2 years exp.
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₹9 L/yr - ₹24.9 L/yr

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Quantitative Analyst Salary By Industries

Industries Avg. annual salary

Financial Services

Quantitative Analyst
0 - 6 years exp.
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₹5.5 L/yr - ₹34 L/yr

Analytics & KPO

Quantitative Analyst
0 - 5 years exp.
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₹5 L/yr - ₹26 L/yr

Internet

Quantitative Analyst
0 - 5 years exp.
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₹7 L/yr - ₹34 L/yr

IT Services & Consulting

Quantitative Analyst
0 - 5 years exp.
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₹2.4 L/yr - ₹40 L/yr

Consulting

Quantitative Analyst
0 - 5 years exp.
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₹5 L/yr - ₹35 L/yr

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Frequently Asked Questions (FAQS) about Quantitative Analyst Salaries

What is the salary of a Quantitative Analyst in India?
The salary of a Quantitative Analyst in India varies based on experience, location, company & Industry. On average, Quantitative Analyst salaries ranges from ₹2.6 Lakhs to ₹35.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.6 Lakhs to ₹35.0 Lakhs per year, with the highest salary reaching ₹13.5 Lakhs to ₹29.0 Lakhs per year. Salary estimates are based on 118 salaries received from various Quantitative Analysts across industries.
What are the top paying companies that employ Quantitative Analysts?
Quantitative Analyst Salaries at Top paying companies in India are
JPMorgan Chase & Co. Quantitative Analyst Salary ₹13.5 Lakhs to ₹29 Lakhs per year
Wells Fargo Quantitative Analyst Salary ₹9 Lakhs to ₹28 Lakhs per year
Dolat Capital Market Quantitative Analyst Salary ₹8 Lakhs to ₹20 Lakhs per year
UBS Quantitative Analyst Salary ₹10 Lakhs to ₹21 Lakhs per year
Morningstar Quantitative Analyst Salary ₹8 Lakhs to ₹21 Lakhs per year
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
What are the top paying cities for Quantitative Analyst in India?
The annual salary for Quantitative Analyst in India varies by location. Top paying cities for Quantitative Analyst are
Quantitative Analyst Salary in Mumbai ₹6.0 Lakhs to ₹33.0 Lakhs per year
Quantitative Analyst Salary in Pune ₹3.6 Lakhs to ₹20.0 Lakhs per year
Quantitative Analyst Salary in New Delhi ₹2.2 Lakhs to ₹32.0 Lakhs per year
Quantitative Analyst Salary in Gurgaon / Gurugram ₹6.0 Lakhs to ₹41.0 Lakhs per year
Quantitative Analyst Salary in Indore ₹9.0 Lakhs to ₹24.9 Lakhs per year
Salary expectations for Quantitative Analyst may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Quantitative Analyst in India?
Top 5 paying Industries for Quantitative Analyst in India are:
Quantitative Analyst Salary in Financial Services ₹5.5 Lakhs to ₹34.0 Lakhs per year
Quantitative Analyst Salary in Analytics & KPO ₹5.0 Lakhs to ₹26.0 Lakhs per year
Quantitative Analyst Salary in Internet ₹7.0 Lakhs to ₹34.0 Lakhs per year
Quantitative Analyst Salary in IT Services & Consulting ₹2.4 Lakhs to ₹40.0 Lakhs per year
Quantitative Analyst Salary in Consulting ₹5.0 Lakhs to ₹35.0 Lakhs per year
What are the fresher salaries as Quantitative Analyst?
Fresher salaries for Quantitative Analyst in India typically range from ₹1 Lakhs to ₹25.5 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Quantitative Analyst in India?
Experience significantly impacts a Quantitative Analyst salary in India. Salaries increase with experience, as Quantitative Analyst take on more complex tasks, responsibilities, and leadership roles. Quantitative Analyst salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹1.0 Lakhs to ₹25.5 Lakhs per year
1 year ₹1.0 Lakhs to ₹28.0 Lakhs per year
2 years ₹2.3 Lakhs to ₹33.0 Lakhs per year
3 years ₹6.9 Lakhs to ₹37.0 Lakhs per year
and so on.

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