Quantitative Research Analyst
Annual salary range
₹3.5 Lakhs - ₹38 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byQuantitative Research Analyst Salary in Financial Services in India
based on 64
latest salaries
• updated:
2 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Quantitative Research Analyst salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(20
salaries)
|  ₹2.8 L/yr - ₹38 L/yr |
1
year
(16
salaries)
| ₹8 L/yr - ₹36 L/yr |
Login to view exact salary
| |
2
years
(15
salaries)
| ₹11 L/yr - ₹40 L/yr |
3
years
(7
salaries)
| ₹3.5 L/yr - ₹30 L/yr |
4
years
(5
salaries)
| ₹9 L/yr - ₹32 L/yr |
View all salaries by experience
Quantitative Research Analyst Salary in
India ranges between ₹3.5
Lakhs to ₹38
Lakhs for
less than 1 year of experience to 5 years of experience
. Salary estimates are based on
64 latest salaries received
from Quantitative Research Analyst.
See latest salaries
Quantitative Research Analyst salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Data Science & Analytics
Quantitative Research Analyst Salary
0 - 3
years
exp.
(12
salaries)
| ₹6 L/yr - ₹35 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Quantitative Research Analyst Salary
1 - 5
years
exp.
(5
salaries)
| ₹15 L/yr - ₹33 L/yr |
View all departments salaries
Latest annual salaries shared by Quantitative Research Analysts
2d ago
RSB Insights and Analytics
Quantitative Research Analyst
2 years exp.
3d ago
Axis Bank
Quantitative Research Analyst
1 year exp.
2w ago
JPMorgan Chase & Co.
Quantitative Research Analyst
2 years exp.
3w ago
WorldQuant
Quantitative Research Analyst
2 years exp.
3w ago
Alchemy Capital Management
Quantitative Research Analyst
5 months exp.
1mo ago
Quantum Asset Management
Quantitative Research Analyst
2 years exp.
1mo ago
Plutus Research
Quantitative Research Analyst
1 year exp.
1mo ago
ANAROCK Property Consultants
Quantitative Research Analyst
2 years exp.
1mo ago
Jane Street
Quantitative Research Analyst
1 year exp.
2mo ago
Material+
Quantitative Research Analyst
1 year exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
3
yrs
exp.
(30 salaries)
|
₹21 L/yr - ₹42 L/yr | |
3 -
4
yrs
exp.
(4 salaries)
|
₹3.5 L/yr - ₹10 L/yr | |
Login to view exact salary
| ||
0 -
2
yrs
exp.
(4 salaries)
|
₹24 L/yr - ₹42 L/yr | |
2 -
6
yrs
exp.
(3 salaries)
|
₹16 L/yr - ₹24 L/yr | |
0 -
2
yrs
exp.
(3 salaries)
|
₹6 L/yr - ₹24 L/yr | |
0 -
1
yrs
exp.
(AmbitionBox Estimate)
|
₹13 L/yr - ₹16.6 L/yr | |
4 -
5
yrs
exp.
(AmbitionBox Estimate)
|
₹29.3 L/yr - ₹37.4 L/yr | |
0 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹2.1 L/yr - ₹2.7 L/yr | |
Login to view exact salary
| ||
1 -
2
yrs
exp.
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
Fresher
(AmbitionBox Estimate)
|
₹15.3 L/yr - ₹19.5 L/yr | |
Quantitative Research Analyst Jobs in India
Quantitative Research Analyst
· 6-9 years
A3 Hiring
Similar Designation Salaries for Quantitative Research Analyst
| Designations | Avg Annual Salary |
|---|---|
Business Analyst Salary
1 -
9
years
exp.
(26.8k salaries)
| ₹3 L/yr - ₹17.5 L/yr |
Senior Data Analyst Salary
2 -
9
years
exp.
(2.1k salaries)
| ₹3.3 L/yr - ₹25 L/yr |
Login to view exact salary
| |
Associate Analyst Salary
0 -
4
years
exp.
(2.4k salaries)
| ₹2.5 L/yr - ₹11.5 L/yr |
Programmer Analyst Salary
1 -
5
years
exp.
(693 salaries)
| ₹2.5 L/yr - ₹14.2 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(26.9k salaries)
| ₹3.3 L/yr - ₹17.7 L/yr |
View more similar designations
Salary related reviews by similar designations like Quantitative Research Analyst
JPMorgan Chase & Co.
Associate Software Engineer
• posted on 25 Nov 2024
Likes
Tech stack is excellent. You get to work on all the latest trends in technology
- Skill development - Excellent
Dislikes
No work life balance No wfh flexibility Salary is okayish
- Company culture - Poor
+1 more
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
JPMorgan Chase & Co.
Analyst
• posted on 14 Aug 2020
Likes
No need to tense abt the work balance as every possible support is being given for each employee .
- Salary - Excellent
+4 more
Dislikes
Salary is good but carrer growth is concern
JPMorgan Chase & Co.
Senior Analyst
• posted on 15 May 2023
Likes
Salary is good as well as bonus, apart from this there is extra benefit, like food allowance, shift allowance, wifi allowance.
read more- Salary - Excellent
+4 more
Dislikes
working culture is pretty hard, have to work for almost more than 10 hours.
Top skills for Quantitative Research Analyst
Quantitative Research Analyst Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Quantitative Research Analyst
0 -
6
years
exp.
| ₹6.3 L/yr - ₹36 L/yr |
Bangalore / Bengaluru
Quantitative Research Analyst
0 -
5
years
exp.
| ₹3.5 L/yr - ₹35 L/yr |
Login to view exact salary
| |
New Delhi
Quantitative Research Analyst
0 -
5
years
exp.
| ₹4.5 L/yr - ₹12.7 L/yr |
Noida
Quantitative Research Analyst
0 -
3
years
exp.
| ₹4.3 L/yr - ₹21 L/yr |
Kolkata
Quantitative Research Analyst
0 -
3
years
exp.
| ₹2.3 L/yr - ₹8.5 L/yr |
View More
Quantitative Research Analyst Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Consulting
Quantitative Research Analyst
0 -
4
years
exp.
| ₹3.5 L/yr - ₹33 L/yr |
IT Services & Consulting
Quantitative Research Analyst
0 -
4
years
exp.
| ₹3.5 L/yr - ₹20 L/yr |
Login to view exact salary
| |
Investment Banking / Venture Capital / Private Equity
Quantitative Research Analyst
0 -
5
years
exp.
| ₹18 L/yr - ₹1.1 Cr/yr |
Software Product
Quantitative Research Analyst
0 -
3
years
exp.
| ₹3.5 L/yr - ₹15 L/yr |
Internet
Quantitative Research Analyst
0 -
4
years
exp.
| ₹3.5 L/yr - ₹24 L/yr |
View More
Frequently Asked Questions about Quantitative Research Analyst Salaries
What is the salary of a Quantitative Research Analyst in India?
Salary for a Quantitative Research Analyst in India ranges between ₹3.5 Lakhs to ₹38.0 Lakhs per year. Salary estimates are based on 64 latest salaries received from various Quantitative Research Analysts across industries.
What is the starting salary for a Quantitative Research Analyst in India?
Average starting Salary for Quantitative Research Analyst in India is around ₹3.5 Lakhs per year (₹29.2k per month). No prior experience is required to be a Quantitative Research Analyst.
What is the highest salary for a Quantitative Research Analyst in India?
Highest salary that a Quantitative Research Analyst can earn is ₹42.0 Lakhs per year (₹3.5L per month).
What are the top paying industries for Quantitative Research Analyst in India?
- Investment Banking / Venture Capital / Private Equity - ₹18.0 Lakhs to 110.0 Lakhs per year
- Financial Services - ₹2.3 Lakhs to 400.0 Lakhs per year
- Banking - ₹15.0 Lakhs to 20.0 Lakhs per year
- IT Services & Consulting - ₹3.3 Lakhs to 30.0 Lakhs per year
- Management Consulting - ₹4.0 Lakhs to 30.0 Lakhs per year
What are the top paying cities for Quantitative Research Analyst in India?
- Navi Mumbai - ₹32.0 Lakhs to 33.0 Lakhs per year
- Mumbai - ₹9.0 Lakhs to 49.2 Lakhs per year
- Bangalore / Bengaluru - ₹3.5 Lakhs to 40.0 Lakhs per year
- Hyderabad / Secunderabad - ₹11.0 Lakhs to 20.0 Lakhs per year
- Gurgaon / Gurugram - ₹6.0 Lakhs to 24.0 Lakhs per year
What are the popular/top skills required to become a Quantitative Research Analyst?
These are the top skills of a Quantitative Research Analyst based on 1 job posted by employers.
- Python
- Data Analytics
- Machine Learning
- C++
- Research
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