Quantitative Analyst
Annual salary range
₹3 Lakhs - ₹40 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byQuantitative Analyst Salary in India (Updated 2025)
based on 823
latest salaries
• updated:
26 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Quantitative Analyst Salary in India ranges between ₹3 Lakhs to ₹40 Lakhs for less than 1 year of experience to 6 years of experience. Salary estimates are based on 823 latest salaries received from Quantitative...
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Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
 | ||
Wells Fargo Quantitative Analyst Salary
1 year exp | | |
 Quantitative Analyst Salary
1 year exp | | |
 Quantitative Analyst Salary
1 year exp | | |
 Quantitative Analyst Salary
1 year exp | | 2 job openings |
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View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
0 -
4
yrs
exp.
(53 salaries)
|
₹10 L/yr - ₹29 L/yr | |
|
1 -
5
yrs
exp.
(47 salaries)
|
₹9.3 L/yr - ₹27 L/yr | 2 job openings |
Login to view exact salary
| ||
0 -
4
yrs
exp.
(43 salaries)
|
₹8 L/yr - ₹15 L/yr | |
1 -
5
yrs
exp.
(42 salaries)
|
₹10.5 L/yr - ₹42 L/yr | |
|
0 -
4
yrs
exp.
(41 salaries)
|
₹8.6 L/yr - ₹30.4 L/yr | |
|
0 -
4
yrs
exp.
(30 salaries)
|
₹9 L/yr - ₹35 L/yr | |
1 -
2
yrs
exp.
(20 salaries)
|
₹9 L/yr - ₹18 L/yr | |
0 -
5
yrs
exp.
(16 salaries)
|
₹15.6 L/yr - ₹52 L/yr | |
Login to view exact salary
| ||
|
0 -
7
yrs
exp.
(16 salaries)
|
₹3.8 L/yr - ₹9.5 L/yr | |
1 -
6
yrs
exp.
(12 salaries)
|
₹7.5 L/yr - ₹15 L/yr | 1 job opening |
Latest annual salaries shared by Quantitative Analysts
3d ago
Morningstar
Quantitative Analyst
1 year exp.
4d ago
Crisil
Quantitative Analyst
1 year exp.
5d ago
Indxx Capital Management Services
Quantitative Analyst
3 years exp.
5d ago
Galytix Analytics
Quantitative Analyst
4 years exp.
6d ago
HSBC Group
Quantitative Analyst
1 year exp.
1w ago
Jane Street
Quantitative Analyst
5 years exp.
1w ago
Dolat Capital Market
Quantitative Analyst
4 months exp.
1w ago
Acies Consulting
Quantitative Analyst
3 years exp.
1w ago
Dolat Capital Market
Quantitative Analyst
1 year exp.
1w ago
Wells Fargo
Quantitative Analyst
2 years exp.
View all latest salaries
Quantitative Analyst salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(129
salaries)
| ₹3 L/yr - ₹1.2 Cr/yr |
1
year
(227
salaries)
| ₹3 L/yr - ₹28 L/yr |
Login to view exact salary
| |
2
years
(193
salaries)
| ₹3 L/yr - ₹38 L/yr |
3
years
(136
salaries)
| ₹2.4 L/yr - ₹30 L/yr |
4
years
(81
salaries)
| ₹4.2 L/yr - ₹35 L/yr |
View all salaries by experience
Quantitative Analyst Jobs in India
Quantitative Analyst
· 9-11 years
Morningstar
Thane
Quantitative Analyst
· 1-3 years
BNP Paribas
Mumbai
Quantitative Analyst
· 1-5 years
Mr. Cooper
Chennai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Associate Analyst Salary
0 -
4
years
exp.
(24k salaries)
| ₹2 L/yr - ₹8 L/yr |
Data Analyst Salary
0 -
6
years
exp.
(1.2L salaries)
| ₹1.8 L/yr - ₹13 L/yr |
Login to view exact salary
| |
Business Analyst Salary
1 -
9
years
exp.
(1.3L salaries)
| ₹3 L/yr - ₹17.6 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(1.6L salaries)
| ₹3 L/yr - ₹16.1 L/yr |
Programmer Analyst Salary
1 -
5
years
exp.
(49.5k salaries)
| ₹3.5 L/yr - ₹7.7 L/yr |
View more similar designations
Salary related reviews by similar designations like Quantitative Analyst
Wells Fargo
Senior Analyst
• posted on 26 Jun 2020
Likes
The company has been immensely supportive with hike in salary.
- Salary - Good
+3 more
Dislikes
Sometimes higher level managers turn self centered. They are not leaders really. They take other people's work and project as theirs. It truly very bad for employees who work day and night to meet the deadlines and innovate.
read more- Work-life balance - Poor
UBS
Business Analyst
• posted on 22 Jun 2022
Likes
Great work culture and ethics. Really helps build a good work life balance in the department I work in (Finance Change) where we manage projects. CS is a flat organization and hence, you can always reach out to seniors as per their availability. CS also provides free cab services to all its perms.
read more- Skill development - Good
+5 more
Dislikes
Compensation is decent, but year on year hike + bonus is not that great. In terms of trainings within the team, we do not have much proper documents and most of the knowledge comes from other team mates, hence, it really depends on how well can they help guide you.
read moreJPMorgan Chase & Co.
Analyst
• posted on 15 May 2024
Likes
Salary work-life balance all are a given in this company. If you work here with a great manager you don't need to switch at least for nest 5 year. no day will be mundane.
read more- Salary - Excellent
+4 more
Dislikes
IJP is now a tool just to retain employees who are leaving, i would want less on the current manager's involvement in movement, as they try to hinder it by influence to ensure only they have a good employee. IJP is intended for learning new skills but unfortunately that is failing.
read more- Promotions - Poor
Morningstar
Data Analyst
• posted on 23 Aug 2022
Likes
The work culture is pretty chill and the management is approachable
- Salary - Good
+3 more
Dislikes
Horizontal growth exists but not on the industry pay scale.
Crisil
Analyst
• posted on 24 Jan 2025
Likes
Company with strong work-life balance, supportive management and positive work culture.
- Salary - Good
+6 more
Dislikes
Only on the salary part- which is comparatively less.
Top skills for Quantitative Analyst
Quantitative Analyst Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Quantitative Analyst
0 -
6
years
exp.
| ₹5.5 L/yr - ₹33 L/yr |
Bangalore / Bengaluru
Quantitative Analyst
0 -
5
years
exp.
| ₹2.6 L/yr - ₹33 L/yr |
Login to view exact salary
| |
Pune
Quantitative Analyst
0 -
5
years
exp.
| ₹3.6 L/yr - ₹20 L/yr |
New Delhi
Quantitative Analyst
0 -
5
years
exp.
| ₹2.2 L/yr - ₹32 L/yr |
Gurgaon / Gurugram
Quantitative Analyst
0 -
5
years
exp.
| ₹6 L/yr - ₹41 L/yr |
View More
Quantitative Analyst Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Quantitative Analyst
0 -
6
years
exp.
| ₹5.5 L/yr - ₹34 L/yr |
Analytics & KPO Quantitative Analyst
0 -
5
years
exp.
| ₹5 L/yr - ₹24.9 L/yr |
Login to view exact salary
| |
Internet Quantitative Analyst
0 -
5
years
exp.
| ₹7 L/yr - ₹26 L/yr |
IT Services & Consulting Quantitative Analyst
0 -
5
years
exp.
| ₹2.4 L/yr - ₹40 L/yr |
Consulting Quantitative Analyst
0 -
5
years
exp.
| ₹5 L/yr - ₹35 L/yr |
View More
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 ₹3.0 Lakhs to ₹40.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.0 Lakhs to ₹40.0 Lakhs per year, with the highest salary reaching ₹13.5 Lakhs to ₹29.0 Lakhs per year. Salary estimates are based on 823 salaries received from various Quantitative Analysts across industries.
The average starting salary is around ₹3.0 Lakhs to ₹40.0 Lakhs per year, with the highest salary reaching ₹13.5 Lakhs to ₹29.0 Lakhs per year. Salary estimates are based on 823 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
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| JPMorgan Chase & Co. Quantitative Analyst Salary | ₹13.5 Lakhs to ₹29 Lakhs per year |
| Wells Fargo Quantitative Analyst Salary | ₹9 Lakhs to ₹32 Lakhs per year |
| UBS Quantitative Analyst Salary | ₹10 Lakhs to ₹21 Lakhs per year |
| Dolat Capital Market Quantitative Analyst Salary | ₹8 Lakhs to ₹20 Lakhs per year |
| Morningstar Quantitative Analyst Salary | ₹8 Lakhs to ₹21 Lakhs per year |
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
Salary expectations for Quantitative Analyst may vary based on job roles, experience, and specific employer requirements.
| Quantitative Analyst Salary in Gurgaon / Gurugram | ₹6.0 Lakhs to ₹41.0 Lakhs per year |
| Quantitative Analyst Salary in Bangalore / Bengaluru | ₹2.6 Lakhs to ₹33.0 Lakhs per year |
| Quantitative Analyst Salary in Hyderabad / Secunderabad | ₹5.0 Lakhs to ₹25.0 Lakhs per year |
| Quantitative Analyst Salary in Navi Mumbai | ₹5.0 Lakhs to ₹26.5 Lakhs per year |
| Quantitative Analyst Salary in Mumbai | ₹5.5 Lakhs to ₹33.0 Lakhs per year |
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 Investment Banking / Venture Capital / Private Equity | ₹7.0 Lakhs to ₹140.0 Lakhs per year |
| Quantitative Analyst Salary in Banking | ₹12.0 Lakhs to ₹30.0 Lakhs per year |
| Quantitative Analyst Salary in Financial Services | ₹5.5 Lakhs to ₹34.0 Lakhs per year |
| Quantitative Analyst Salary in Consulting | ₹5.0 Lakhs to ₹35.0 Lakhs per year |
| Quantitative Analyst Salary in BPO | ₹1.9 Lakhs to ₹25.0 Lakhs per year |
What are the fresher salaries as Quantitative Analyst?
Fresher salaries for Quantitative Analyst in India typically range from ₹3 Lakhs to ₹1.2 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:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹3.0 Lakhs to ₹120.0 Lakhs per year |
| 1 year | ₹3.0 Lakhs to ₹28.0 Lakhs per year |
| 2 years | ₹3.0 Lakhs to ₹38.0 Lakhs per year |
| 3 years | ₹2.4 Lakhs to ₹30.0 Lakhs per year |
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