Quantitative Research Analyst

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Quantitative Research Analyst Salary in India (Updated 2025)

based on 141 latest salaries • updated: 15 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹3.5 Lakhs - ₹50 Lakhs

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Quantitative Research Analyst Salary in India ranges between ₹3.5 Lakhs to ₹50 Lakhs for less than 1 year of experience to 7 years of experience. Salary estimates are based on 141 latest salaries received from... Read More

Latest annual salaries shared by Quantitative Research Analysts

2d ago

RSB Insights and Analytics

Quantitative Research Analyst

2 years exp.

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3d ago

Axis Bank

Quantitative Research Analyst

1 year exp.

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2w ago

JPMorgan Chase & Co.

Quantitative Research Analyst

2 years exp.

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3w ago

WorldQuant

Quantitative Research Analyst

2 years exp.

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3w ago

Alchemy Capital Management

Quantitative Research Analyst

5 months exp.

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1mo ago

Quantum Asset Management

Quantitative Research Analyst

2 years exp.

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1mo ago

Plutus Research

Quantitative Research Analyst

1 year exp.

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1mo ago

ANAROCK Property Consultants

Quantitative Research Analyst

2 years exp.

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1mo ago

Jane Street

Quantitative Research Analyst

1 year exp.

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2mo ago

Material+

Quantitative Research Analyst

1 year exp.

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Quantitative Research Analyst salaries by

Years of experience Avg. annual salary
Fresher
(36 salaries)
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₹2.8 L/yr - ₹1 Cr/yr

1 year
(34 salaries)
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₹3.5 L/yr - ₹50 L/yr

2 years
(30 salaries)
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₹4.5 L/yr - ₹36 L/yr

3 years
(19 salaries)
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₹3.5 L/yr - ₹30 L/yr

4 years
(9 salaries)
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₹5 L/yr - ₹25 L/yr

View all salaries by experience

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₹3.1 L/yr - ₹25 L/yr

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₹2 L/yr - ₹8 L/yr

Programmer Analyst Salary
1 - 5 years exp.
(49.3k salaries)
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₹3.5 L/yr - ₹7.7 L/yr

Senior Analyst Salary
2 - 8 years exp.
(1.6L salaries)
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₹3 L/yr - ₹16 L/yr

View more similar designations

Quantitative Research Analyst Salary By Locations

Locations Avg. annual salary
Mumbai
Quantitative Research Analyst
0 - 6 years exp.
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₹6.3 L/yr - ₹36 L/yr

Bangalore / Bengaluru
Quantitative Research Analyst
0 - 5 years exp.
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₹3.5 L/yr - ₹35 L/yr

New Delhi
Quantitative Research Analyst
0 - 5 years exp.
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₹4.5 L/yr - ₹12.7 L/yr

Noida
Quantitative Research Analyst
0 - 3 years exp.
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₹4.3 L/yr - ₹21 L/yr

Kolkata
Quantitative Research Analyst
0 - 3 years exp.
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₹2.3 L/yr - ₹8.5 L/yr

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Quantitative Research Analyst Salary By Industries

Industries Avg. annual salary

Financial Services

Quantitative Research Analyst
0 - 5 years exp.
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₹3.5 L/yr - ₹38 L/yr

IT Services & Consulting

Quantitative Research Analyst
0 - 4 years exp.
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₹3.5 L/yr - ₹20 L/yr

Consulting

Quantitative Research Analyst
0 - 4 years exp.
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₹3.5 L/yr - ₹33 L/yr

Investment Banking / Venture Capital / Private Equity

Quantitative Research Analyst
0 - 5 years exp.
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₹18 L/yr - ₹1.1 Cr/yr

Software Product

Quantitative Research Analyst
0 - 3 years exp.
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₹3.5 L/yr - ₹15 L/yr

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Frequently Asked Questions (FAQS) about Quantitative Research Analyst Salaries

What is the salary of a Quantitative Research Analyst in India?
The salary of a Quantitative Research Analyst in India varies based on experience, location, company & Industry. On average, Quantitative Research Analyst salaries ranges from ₹3.5 Lakhs to ₹50.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹3.5 Lakhs to ₹50.0 Lakhs per year, with the highest salary reaching ₹15.5 Lakhs to ₹38.0 Lakhs per year. Salary estimates are based on 141 salaries received from various Quantitative Research Analysts across industries.
What are the top paying cities for Quantitative Research Analyst in India?
The annual salary for Quantitative Research Analyst in India varies by location. Top paying cities for Quantitative Research Analyst are
Quantitative Research Analyst Salary in Mumbai ₹6.3 Lakhs to ₹36.0 Lakhs per year
Quantitative Research Analyst Salary in Bangalore / Bengaluru ₹3.5 Lakhs to ₹35.0 Lakhs per year
Quantitative Research Analyst Salary in New Delhi ₹4.5 Lakhs to ₹12.7 Lakhs per year
Quantitative Research Analyst Salary in Noida ₹4.3 Lakhs to ₹21.0 Lakhs per year
Quantitative Research Analyst Salary in Kolkata ₹2.3 Lakhs to ₹8.5 Lakhs per year
Salary expectations for Quantitative Research Analyst may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Quantitative Research Analyst in India?
Top 5 paying Industries for Quantitative Research Analyst in India are:
Quantitative Research Analyst Salary in Financial Services ₹3.5 Lakhs to ₹38.0 Lakhs per year
Quantitative Research Analyst Salary in IT Services & Consulting ₹3.5 Lakhs to ₹20.0 Lakhs per year
Quantitative Research Analyst Salary in Consulting ₹3.5 Lakhs to ₹33.0 Lakhs per year
Quantitative Research Analyst Salary in Investment Banking / Venture Capital / Private Equity ₹18.0 Lakhs to ₹110.0 Lakhs per year
Quantitative Research Analyst Salary in Software Product ₹3.5 Lakhs to ₹15.0 Lakhs per year
What are the fresher salaries as Quantitative Research Analyst?
Fresher salaries for Quantitative Research Analyst in India typically range from ₹2.8 Lakhs to ₹1 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 Research Analyst in India?
Experience significantly impacts a Quantitative Research Analyst salary in India. Salaries increase with experience, as Quantitative Research Analyst take on more complex tasks, responsibilities, and leadership roles. Quantitative Research Analyst salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹2.8 Lakhs to ₹100.0 Lakhs per year
1 year ₹3.5 Lakhs to ₹50.0 Lakhs per year
2 years ₹4.5 Lakhs to ₹36.0 Lakhs per year
3 years ₹3.5 Lakhs to ₹30.0 Lakhs per year
and so on.

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