Quantitative Analyst
Annual salary range
₹5.5 Lakhs - ₹33 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byQuantitative Analyst Salary in Mumbai
based on 218
latest salaries
• updated:
25 Jan 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
(28
salaries)
|  ₹4 L/yr - ₹21 L/yr |
1
year
(47
salaries)
| ₹6 L/yr - ₹26 L/yr |
Login to view exact salary
| |
2
years
(50
salaries)
| ₹7.8 L/yr - ₹32 L/yr |
3
years
(46
salaries)
| ₹5.5 L/yr - ₹28 L/yr |
4
years
(27
salaries)
| ₹9 L/yr - ₹34 L/yr |
View all salaries by experience
Quantitative Analyst Salary in
Mumbai ranges between ₹5.5
Lakhs to ₹33
Lakhs for
less than 1 year of experience to 6 years of experience
. Salary estimates are based on
218 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.
(40
salaries)
| ₹6 L/yr - ₹33 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Quantitative Analyst Salary
0 - 4
years
exp.
(32
salaries)
| ₹6 L/yr - ₹26 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
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 |
|---|---|---|
| | ||
| | ||
| | 3 job openings | |
| | ||
| | ||
Is this list helpful? | ||
View more companies
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
6
yrs
exp.
.
Mumbai
(3 salaries)
|
₹9 L/yr - ₹37 L/yr | |
3 -
5
yrs
exp.
.
Mumbai
(3 salaries)
|
₹8 L/yr - ₹12 L/yr | |
Login to view exact salary
| ||
1 -
5
yrs
exp.
.
Mumbai
(3 salaries)
|
₹26 L/yr - ₹34 L/yr | |
4 -
5
yrs
exp.
.
Mumbai
(3 salaries)
|
₹15.3 L/yr - ₹19.5 L/yr | |
5 -
7
yrs
exp.
.
Mumbai
(3 salaries)
|
₹16.5 L/yr - ₹27.5 L/yr | |
1 -
3
yrs
exp.
.
Mumbai
(3 salaries)
|
₹7 L/yr - ₹15 L/yr | |
1 -
4
yrs
exp.
.
Mumbai
(3 salaries)
|
₹18 L/yr - ₹18.8 L/yr | |
1 -
2
yrs
exp.
.
Mumbai
(3 salaries)
|
₹13 L/yr - ₹16 L/yr | |
Login to view exact salary
| ||
|
2 -
4
yrs
exp.
.
Mumbai
(3 salaries)
|
₹9 L/yr - ₹13 L/yr | |
3 -
4
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹9 L/yr - ₹11.5 L/yr | |
Quantitative Analyst Jobs in Mumbai
Quantitative Analyst
· 1-4 years
Franklin Templeton
Quantitative Analyst
· 3-7 years
Quess Corp Limited
Quantitative Analyst
· 3-5 years
William O'Neil India
Similar Designation Salaries for Quantitative Analyst
| Designations | Avg Annual Salary |
|---|---|
Associate Analyst Salary
0 -
4
years
exp.
(1.2k salaries)
| ₹2 L/yr - ₹8 L/yr |
Data Analyst Salary
0 -
6
years
exp.
(8k salaries)
| ₹1.8 L/yr - ₹11 L/yr |
Login to view exact salary
| |
Business Analyst Salary
1 -
9
years
exp.
(11.8k salaries)
| ₹3 L/yr - ₹16 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(11.7k salaries)
| ₹3.2 L/yr - ₹17 L/yr |
Programmer Analyst Salary
1 -
5
years
exp.
(274 salaries)
| ₹2.5 L/yr - ₹10.2 L/yr |
View more similar designations
Salary related reviews by similar designations like Quantitative Analyst
UBS
Business Analyst in Pune
• posted on 15 Jan 2023
Likes
Salary is good Infrastructure is good Work life balance
- Salary - Good+1 more
Dislikes
Frequent restructuring Management keeps on changing
- Skill development - Poor+1 more
Morningstar
Data Analyst in Navi Mumbai
• 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.
JPMorgan Chase & Co.
Data Scientist in Bangalore / Bengaluru
• 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 in Mumbai
• 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 In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Quantitative Analyst
0 -
5
years
exp.
| ₹2.6 L/yr - ₹33 L/yr |
Pune
Quantitative Analyst
0 -
5
years
exp.
| ₹3 L/yr - ₹20 L/yr |
Login to view exact salary
| |
New Delhi
Quantitative Analyst
0 -
5
years
exp.
| ₹3 L/yr - ₹26 L/yr |
Gurgaon / Gurugram
Quantitative Analyst
0 -
5
years
exp.
| ₹6 L/yr - ₹41 L/yr |
Indore
Quantitative Analyst
1 -
2
years
exp.
| ₹9 L/yr - ₹24.9 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.
| ₹5.1 L/yr - ₹26 L/yr |
IT Services & Consulting
Quantitative Analyst
0 -
5
years
exp.
| ₹2.4 L/yr - ₹34 L/yr |
Consulting
Quantitative Analyst
0 -
5
years
exp.
| ₹5 L/yr - ₹33 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 ₹5.5 Lakhs to ₹33.0 Lakhs per year. Salary estimates are based on 218 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 - ₹25.8 Lakhs per year
- UBS Quantitative Analyst Salary - ₹18.8 Lakhs per year
- Morningstar Quantitative Analyst Salary - ₹17.0 Lakhs per year
- Dolat Capital Market Quantitative Analyst Salary - ₹16.6 Lakhs per year
- Quantile Analytics Quantitative Analyst Salary - ₹12.6 Lakhs per year
What is the starting salary for a Quantitative Analyst in India?
Average starting Salary for Quantitative Analyst in India is around ₹5.5 Lakhs per year (₹45.8k 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 - ₹12.0 Lakhs to 39.0 Lakhs per year
- IT Services & Consulting - ₹9.0 Lakhs to 30.0 Lakhs per year
- Financial Services - ₹4.2 Lakhs to 52.0 Lakhs per year
- Management Consulting - ₹7.0 Lakhs to 23.5 Lakhs per year
- Analytics & KPO - ₹5.5 Lakhs to 18.5 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 18 jobs posted by employers.
- SQL
- Python
- Data Analytics
- Data Analysis
- Machine Learning
Tell us how to improve this page.
Popular Calculators
Q1. How would you approach the implementation of a new financial product
asked in
Julius Baer Group
View answer (1) Q2. If there are 2 time series model how to check if both have same distribution
asked in
UBS
View answer (1) - Home >
- Salaries >
- Quantitative Analyst Salary >
- Quantitative Analyst Salary in Mumbai
Rate your company