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 812
latest salaries
• updated:
22 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 812 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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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
0 -
4
yrs
exp.
(53 salaries)
|
₹10 L/yr - ₹28 L/yr | |
|
1 -
5
yrs
exp.
(47 salaries)
|
₹9.3 L/yr - ₹27 L/yr | 2 job openings |
Login to view exact salary
| ||
1 -
6
yrs
exp.
(45 salaries)
|
₹9.7 L/yr - ₹42 L/yr | |
0 -
4
yrs
exp.
(43 salaries)
|
₹8 L/yr - ₹15 L/yr | |
|
0 -
4
yrs
exp.
(41 salaries)
|
₹8.6 L/yr - ₹30.4 L/yr | |
|
0 -
6
yrs
exp.
(27 salaries)
|
₹8.8 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 -
3
yrs
exp.
(11 salaries)
|
₹6 L/yr - ₹7.4 L/yr | |
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
(127
salaries)
| ₹3 L/yr - ₹1.2 Cr/yr |
1
year
(226
salaries)
| ₹3 L/yr - ₹28 L/yr |
Login to view exact salary
| |
2
years
(189
salaries)
| ₹3 L/yr - ₹36 L/yr |
3
years
(135
salaries)
| ₹2.4 L/yr - ₹30 L/yr |
4
years
(80
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.
(23.8k 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 - ₹17.5 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.
(49.3k 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.
Senior Analyst
• posted on 21 Apr 2022
Likes
Great work life balance. A company to settle for and awesome culture too
- Job security - Excellent
+4 more
Dislikes
Less pay and benefits. The hike isn’t good either
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.
UBS
Business Analyst
• posted on 06 Jun 2022
Likes
Team is well spread.. Flexible work hours.. great work-life balance... Very good package... Good people to work with
read more- Salary - Excellent
+5 more
Dislikes
A lot of regulations in place since it's a Bank. Yet to explore, so not much to mention.
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 812 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 812 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 ₹20 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 Mumbai | ₹5.5 Lakhs to ₹33.0 Lakhs per year |
| Quantitative Analyst Salary in Bangalore / Bengaluru | ₹2.6 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 |
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 ₹24.9 Lakhs per year |
| Quantitative Analyst Salary in Internet | ₹7.0 Lakhs to ₹26.0 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 ₹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 ₹36.0 Lakhs per year |
| 3 years | ₹2.4 Lakhs to ₹30.0 Lakhs per year |
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