Quantitative Research Analyst
Annual salary range
₹6.3 Lakhs - ₹36 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 Mumbai
based on 40
latest salaries
• updated:
4 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
(8
salaries)
|  ₹6.3 L/yr - ₹35 L/yr |
1
year
(9
salaries)
| ₹15 L/yr - ₹32 L/yr |
Login to view exact salary
| |
2
years
(11
salaries)
| ₹7 L/yr - ₹36 L/yr |
3
years
(6
salaries)
| ₹7 L/yr - ₹27.5 L/yr |
4
years
(2
salaries)
| ₹9 L/yr - ₹15 L/yr |
View all salaries by experience
Quantitative Research Analyst Salary in
Mumbai ranges between ₹6.3
Lakhs to ₹36
Lakhs for
less than 1 year of experience to 6 years of experience
. Salary estimates are based on
40 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
1 - 3
years
exp.
(10
salaries)
| ₹7.5 L/yr - ₹31 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Quantitative Research Analyst Salary
1 - 5
years
exp.
(3
salaries)
| ₹10 L/yr - ₹20 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.
.
Mumbai
(20 salaries)
|
₹24 L/yr - ₹42 L/yr | |
5 -
6
yrs
exp.
.
Mumbai
(3 salaries)
|
₹18.5 L/yr - ₹20.4 L/yr | |
Login to view exact salary
| ||
5 -
10
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹31.5 L/yr - ₹40.2 L/yr | |
2 -
6
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹16.2 L/yr - ₹20.7 L/yr | |
|
2 -
3
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹22.5 L/yr - ₹28.8 L/yr | |
|
5 -
15
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹41.9 L/yr - ₹53.5 L/yr | |
|
0 -
10
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹26.6 L/yr - ₹34 L/yr | |
|
5 -
8
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹30.6 L/yr - ₹39.1 L/yr | |
Login to view exact salary
| ||
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹6.3 L/yr - ₹8 L/yr | |
|
2 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹6.8 L/yr - ₹8.6 L/yr | |
Similar Designation Salaries for Quantitative Research Analyst
| Designations | Avg Annual Salary |
|---|---|
Business Analyst Salary
1 -
9
years
exp.
(12.2k salaries)
| ₹3 L/yr - ₹16.2 L/yr |
Senior Data Analyst Salary
2 -
9
years
exp.
(1.1k salaries)
| ₹3.2 L/yr - ₹19 L/yr |
Login to view exact salary
| |
Associate Analyst Salary
0 -
4
years
exp.
(1.2k salaries)
| ₹2 L/yr - ₹8 L/yr |
Programmer Analyst Salary
1 -
5
years
exp.
(267 salaries)
| ₹2.4 L/yr - ₹10.2 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(11.8k salaries)
| ₹3.3 L/yr - ₹17 L/yr |
View more similar designations
Salary related reviews by similar designations like Quantitative Research Analyst
JPMorgan Chase & Co.
Associate Software Engineer in London
• posted on 29 Jan 2025
Likes
Generally salary and work life balance is good.
- Salary - Excellent
+2 more
Dislikes
Promotion, job security these are dependent on manager to manager and your skills how good you're with your manager
- Skill development - Poor
+3 more
JPMorgan Chase & Co.
Senior Analyst in Mumbai
• posted on 04 Mar 2024
Likes
Salary & Other benefits are very good. Worklife balance is also good as they have introduced hybrid culture.
read more- Salary - Excellent
+2 more
Dislikes
Technology is too cluttered with a lot of web systems, not so user friendly needs to depend on multiply systems for retrieval of data.
read moreJPMorgan Chase & Co.
Analyst in Hyderabad / Secunderabad
• 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.
Associate Software Engineer in Bangalore / Bengaluru
• 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
Quantitative Research Analyst Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Quantitative Research Analyst
0 -
5
years
exp.
| ₹3.5 L/yr - ₹35 L/yr |
New Delhi
Quantitative Research Analyst
0 -
5
years
exp.
| ₹4.5 L/yr - ₹12.7 L/yr |
Login to view exact salary
| |
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 |
Gurgaon / Gurugram
Quantitative Research Analyst
0 -
2
years
exp.
| ₹5 L/yr - ₹24 L/yr |
View More
Quantitative Research Analyst Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Quantitative Research Analyst
0 -
5
years
exp.
| ₹3.5 L/yr - ₹38 L/yr |
Consulting
Quantitative Research Analyst
0 -
4
years
exp.
| ₹3.5 L/yr - ₹33 L/yr |
Login to view exact salary
| |
IT Services & Consulting
Quantitative Research Analyst
0 -
4
years
exp.
| ₹3.5 L/yr - ₹20 L/yr |
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 |
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 ₹6.3 Lakhs to ₹36.0 Lakhs per year. Salary estimates are based on 40 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 ₹6.3 Lakhs per year (₹52.5k 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?
- Financial Services - ₹9.0 Lakhs to 42.0 Lakhs per year
- Banking - ₹20.0 Lakhs to 20.0 Lakhs per year
- FinTech - ₹7.0 Lakhs to 20.4 Lakhs per year
- IT Services & Consulting - ₹8.0 Lakhs to 8.0 Lakhs per year
- Analytics & KPO - ₹7.0 Lakhs to 7.0 Lakhs per year
What are the top paying cities for Quantitative Research Analyst in India?
- Mumbai - ₹2.0 Lakhs to 51.0 Lakhs per year
- Bangalore / Bengaluru - ₹2.0 Lakhs to 50.0 Lakhs per year
- Noida - ₹4.3 Lakhs to 21.0 Lakhs per year
- Gurgaon / Gurugram - ₹5.0 Lakhs to 24.0 Lakhs per year
- New Delhi - ₹4.0 Lakhs to 12.7 Lakhs per year
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