Quantitative Analyst
Annual salary range
₹2.8 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 801
latest salaries
• updated:
8 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Quantitative Analyst salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(135
salaries)
|  ₹3 L/yr - ₹1.2 Cr/yr |
1
year
(224
salaries)
| ₹2.8 L/yr - ₹28 L/yr |
Login to view exact salary
| |
2
years
(188
salaries)
| ₹2.6 L/yr - ₹36 L/yr |
3
years
(132
salaries)
| ₹2.4 L/yr - ₹30 L/yr |
4
years
(76
salaries)
| ₹4.2 L/yr - ₹35 L/yr |
View all salaries by experience
Quantitative Analyst Salary in
India ranges between ₹2.8
Lakhs to ₹40
Lakhs for
less than 1 year of experience to 6 years of experience
. Salary estimates are based on
801 latest salaries received
from Quantitative Analyst.
See latest salaries
Quantitative Analyst salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Data Science & Analytics
Quantitative Analyst Salary
0 - 6
years
exp.
(155
salaries)
| ₹2.8 L/yr - ₹33 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Quantitative Analyst Salary
0 - 5
years
exp.
(76
salaries)
| ₹3 L/yr - ₹33 L/yr |
View all departments salaries
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Top paying companies
Popular companies
Jobs
available
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Salary related reviews
Top interview questions
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
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | ||
| | ||
| | 1 job opening | |
| | ||
| | ||
Is this list helpful? | ||
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
4
yrs
exp.
(52 salaries)
|
₹7.7 L/yr - ₹28 L/yr | |
0 -
5
yrs
exp.
(51 salaries)
|
₹10 L/yr - ₹42 L/yr | |
Login to view exact salary
| ||
0 -
4
yrs
exp.
(43 salaries)
|
₹8 L/yr - ₹15 L/yr | |
1 -
4
yrs
exp.
(41 salaries)
|
₹7 L/yr - ₹26 L/yr | 1 job opening |
0 -
4
yrs
exp.
(40 salaries)
|
₹8.5 L/yr - ₹25.5 L/yr | |
1 -
4
yrs
exp.
(20 salaries)
|
₹7.5 L/yr - ₹27.8 L/yr | |
1 -
2
yrs
exp.
(20 salaries)
|
₹9 L/yr - ₹18 L/yr | |
|
0 -
7
yrs
exp.
(16 salaries)
|
₹3.8 L/yr - ₹9.5 L/yr | |
Login to view exact salary
| ||
0 -
3
yrs
exp.
(15 salaries)
|
₹24 L/yr - ₹37 L/yr | |
|
1 -
3
yrs
exp.
(11 salaries)
|
₹6 L/yr - ₹7.4 L/yr | |
Quantitative Analyst Jobs in India
Quantitative Analyst
· 1-3 years
BNP Paribas
Mumbai
Quantitative Analyst
· 1-5 years
Mr. Cooper
Chennai
Quantitative Analyst
· 2-7 years
Motilal Oswal Financial Services (MOFSL)
Mumbai
Similar Designation Salaries for Quantitative Analyst
| Designations | Avg Annual Salary |
|---|---|
Associate Analyst Salary
0 -
4
years
exp.
(23.7k salaries)
| ₹2 L/yr - ₹8 L/yr |
Data Analyst Salary
0 -
6
years
exp.
(1.2L salaries)
| ₹1.8 L/yr - ₹12.1 L/yr |
Login to view exact salary
| |
Business Analyst Salary
1 -
9
years
exp.
(1.3L salaries)
| ₹3 L/yr - ₹17 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(1.6L salaries)
| ₹3 L/yr - ₹16 L/yr |
Programmer Analyst Salary
1 -
5
years
exp.
(49.4k salaries)
| ₹3.5 L/yr - ₹7.7 L/yr |
View more similar designations
Salary related reviews by similar designations like Quantitative Analyst
JPMorgan Chase & Co.
Data Scientist
• posted on 21 Apr 2022
Likes
Down-to-earth employees, Learning opportunities, job security, salary hike and bonuses
read more- Salary - Good
+6 more
Dislikes
High security and project blockers, average medical benefits and for only immediate dependents, less perks per location
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.
Morningstar
Senior Analyst
• posted on 09 Oct 2023
Likes
Work Life Balance,working culture and job security
- Job security - Good
+2 more
Dislikes
No career growth after a certain extent ,low pay n compensation, politics in appraisal
read moreUBS
Business Analyst
• posted on 20 Mar 2021
Likes
Overall an amazing company to work for...good office, good pay and benefits, mobility options,wfh and lot of holidays,annual gifts,cab service...
read more- Salary - Good
+4 more
Dislikes
Slow promotions, projects are very average
Top skills for Quantitative Analyst
Quantitative Analyst Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
Bangalore / Bengaluru
Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
Login to view exact salary
| |
Pune
Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
New Delhi
Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
Gurgaon / Gurugram
Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
View More
Quantitative Analyst Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
Analytics & KPO Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
Login to view exact salary
| |
Internet Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
IT Services & Consulting Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
Consulting Quantitative Analyst
0 -
6
years
exp.
| ₹2.6 L/yr - ₹38 L/yr |
View More
Frequently Asked Questions about Quantitative Analyst Salaries
What is the salary of a Quantitative Analyst in India?
Salary for a Quantitative Analyst in India ranges between ₹2.8 Lakhs to ₹40.0 Lakhs per year. Salary estimates are based on 801 latest salaries received from various Quantitative Analysts across industries.
What are the top paying companies that employ Quantitative Analysts?
- JPMorgan Chase & Co. Quantitative Analyst Salary - ₹25.0 Lakhs per year
- UBS Quantitative Analyst Salary - ₹18.6 Lakhs per year
- Morningstar Quantitative Analyst Salary - ₹17.4 Lakhs per year
- Dolat Capital Market Quantitative Analyst Salary - ₹16.8 Lakhs per year
- Wells Fargo Quantitative Analyst Salary - ₹16.7 Lakhs per year
What is the starting salary for a Quantitative Analyst in India?
Average starting Salary for Quantitative Analyst in India is around ₹2.8 Lakhs per year (₹23.3k per month). No prior experience is required to be a Quantitative Analyst.
What is the highest salary for a Quantitative Analyst in India?
Highest salary that a Quantitative Analyst can earn is ₹42.0 Lakhs per year (₹3.5L per month).
What are the top paying industries for Quantitative Analyst in India?
- Banking - ₹2.0 Lakhs to 96.0 Lakhs per year
- Financial Services - ₹3.7 Lakhs to 490.1 Lakhs per year
- IT Services & Consulting - ₹1.0 Lakhs to 180.0 Lakhs per year
- Management Consulting - ₹5.0 Lakhs to 60.0 Lakhs per year
- Analytics & KPO - ₹3.0 Lakhs to 21.0 Lakhs per year
What are the top paying cities for Quantitative Analyst in India?
- Mumbai - ₹1.6 Lakhs to 70.0 Lakhs per year
- Gurgaon / Gurugram - ₹4.5 Lakhs to 90.0 Lakhs per year
- Bangalore / Bengaluru - ₹1.0 Lakhs to 40.5 Lakhs per year
- New Delhi - ₹2.0 Lakhs to 42.0 Lakhs per year
- Pune - ₹1.0 Lakhs to 50.0 Lakhs per year
What are the popular/top skills required to become a Quantitative Analyst?
These are the top skills of a Quantitative Analyst based on 22 jobs posted by employers.
- SQL
- Python
- Data Analytics
- Data Analysis
- Machine Learning
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