Senior Quantitative Analyst
Annual salary range
₹9 Lakhs - ₹34 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries bySenior Quantitative Analyst Salary in Mumbai (Updated 2025)
based on 32
latest salaries
• updated:
22 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Quantitative Analyst Salary in Mumbai ranges between ₹9 Lakhs to ₹34 Lakhs for 2 years of experience to 8 years of experience. Salary estimates are based on 32 latest salaries received from Senior Quantitative...
Read More
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Morningstar Senior Quantitative Analyst Salary
5 years exp |  | 2 job openings |
Wells Fargo Senior Quantitative Analyst Salary
5 years exp | | |
 Senior Quantitative Analyst Salary
5 years exp | | 1 job opening |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
3 -
6
yrs
exp.
.
Mumbai
(21 salaries)
|
₹14.5 L/yr - ₹34 L/yr | 2 job openings |
3 -
13
yrs
exp.
.
Mumbai
(4 salaries)
|
₹5 L/yr - ₹10 L/yr | |
Login to view exact salary
| ||
|
2 -
6
yrs
exp.
.
Mumbai
(4 salaries)
|
₹14.3 L/yr - ₹24 L/yr | 1 job opening |
|
2 -
3
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹8.1 L/yr - ₹10.4 L/yr | |
|
9 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹28.8 L/yr - ₹36.8 L/yr | |
12 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹55.1 L/yr - ₹60.9 L/yr | |
5 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹13.5 L/yr - ₹17.2 L/yr | |
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹8.2 L/yr - ₹10.5 L/yr | |
Login to view exact salary
| ||
6 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹12.6 L/yr - ₹16.1 L/yr | |
6 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹35.1 L/yr - ₹44.9 L/yr | |
Latest annual salaries shared by Senior Quantitative Analysts
5d ago
Crisil
Senior Quantitative Analyst
3 years exp.
5d ago
Wells Fargo
Senior Quantitative Analyst
7 years exp.
1w ago
Arya Risk Management Solutions
Senior Quantitative Analyst
6 years exp.
2w ago
NSM Services
Senior Quantitative Analyst
4 years exp.
2w ago
FIS
Senior Quantitative Analyst
2 years exp.
3w ago
Wells Fargo
Senior Quantitative Analyst
8 years exp.
4w ago
Crisil
Senior Quantitative Analyst
3 years exp.
1mo ago
Crisil
Senior Quantitative Analyst
6 years exp.
1mo ago
Decimal Point Analytics
Senior Quantitative Analyst
7 years exp.
1mo ago
Morningstar
Senior Quantitative Analyst
6 years exp.
View all latest salaries
Senior Quantitative Analyst salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(3
salaries)
| ₹9 L/yr - ₹20 L/yr |
3
years
(7
salaries)
| ₹5 L/yr - ₹23.5 L/yr |
Login to view exact salary
| |
4
years
(8
salaries)
| ₹14.5 L/yr - ₹33.5 L/yr |
5
years
(10
salaries)
| ₹14.5 L/yr - ₹34 L/yr |
6
years
(5
salaries)
| ₹14 L/yr - ₹39 L/yr |
View all salaries by experience
Senior Quantitative Analyst Jobs in Mumbai
Senior Quantitative Analyst
· 2-8 years
Morningstar
Senior Quantitative Analyst
· 6-9 years
Mr. Cooper
Chennai
Senior Quantitative Analyst
· 2-5 years
CRISIL
Mumbai
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| Similar Designation | Avg. annual salary |
|---|---|
Senior Data Analyst Salary
2 -
9
years
exp.
(1.2k salaries)
| ₹3.2 L/yr - ₹19 L/yr |
Senior Business Analyst Salary
3 -
11
years
exp.
(3.7k salaries)
| ₹5.5 L/yr - ₹24.9 L/yr |
Login to view exact salary
| |
Senior Analyst Salary
2 -
8
years
exp.
(11.8k salaries)
| ₹3.3 L/yr - ₹17.4 L/yr |
Associate Analyst Salary
0 -
4
years
exp.
(1.3k salaries)
| ₹2 L/yr - ₹8 L/yr |
Senior Consultant Salary
4 -
12
years
exp.
(14.7k salaries)
| ₹6.6 L/yr - ₹28 L/yr |
View more similar designations
Salary related reviews by similar designations like Senior Quantitative Analyst
Wells Fargo
Senior Software Engineer in Hyderabad / Secunderabad
• posted on 17 Jan 2025
Likes
1.Good work life balance 2.Good working environment
- Job security - Good
+1 more
Dislikes
1.There is no skill improvement. 2.Less Hike and bonus 3.No use of new latest technology
read more- Skill development - Poor
+2 more
Morningstar
Senior Analyst in Navi Mumbai
• posted on 09 Oct 2023
Likes
Work Life Balance,working culture and job security
- Job security - Good
+2 more
Dislikes
No career growth after a certain extent ,low pay n compensation, politics in appraisal
read moreCrisil
Senior Analyst in Chennai
• posted on 14 Jun 2021
Likes
Learning opportunities are good in the first few years.
- Skill development - Good
+4 more
Dislikes
Long working hours and less than industry pay.
- Work-life balance - Poor
Wells Fargo
Senior Software Engineer in Bangalore / Bengaluru
• posted on 04 Nov 2024
Likes
Technology
- Job security - Excellent
Dislikes
Salary growth is not great. Work Timings as per US where ull end up attending late evening calls
read more- Skill development - Poor
Top skills for Senior Quantitative Analyst
Senior Quantitative Analyst Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Pune
Senior Quantitative Analyst
2 -
6
years
exp.
| ₹10.5 L/yr - ₹26 L/yr |
Bangalore / Bengaluru
Senior Quantitative Analyst
2 -
8
years
exp.
| ₹17.5 L/yr - ₹45 L/yr |
Login to view exact salary
| |
Chennai
Senior Quantitative Analyst
3 -
8
years
exp.
| ₹12 L/yr - ₹21.5 L/yr |
Indore
Senior Quantitative Analyst
2 -
3
years
exp.
| ₹14 L/yr - ₹24.9 L/yr |
Gurgaon / Gurugram
Senior Quantitative Analyst
3 -
8
years
exp.
| ₹6.1 L/yr - ₹40 L/yr |
View More
Senior Quantitative Analyst Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Analytics & KPO Senior Quantitative Analyst
2 -
6
years
exp.
| ₹10.5 L/yr - ₹28 L/yr |
Internet Senior Quantitative Analyst
2 -
6
years
exp.
| ₹10.5 L/yr - ₹28 L/yr |
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| |
Financial Services Senior Quantitative Analyst
3 -
8
years
exp.
| ₹14.5 L/yr - ₹39 L/yr |
IT Services & Consulting Senior Quantitative Analyst
2 -
5
years
exp.
| ₹15.5 L/yr - ₹25.5 L/yr |
Investment Banking / Venture Capital / Private Equity Senior Quantitative Analyst
2 -
6
years
exp.
| ₹9 L/yr - ₹4 Cr/yr |
View More
Frequently Asked Questions (FAQS) about Senior Quantitative Analyst Salaries
What is the salary of a Senior Quantitative Analyst in India?
The salary of a Senior Quantitative Analyst in India varies based on experience, location, company & Industry.
On average, Senior Quantitative Analyst salaries ranges from ₹9.0 Lakhs to ₹34.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹9.0 Lakhs to ₹34.0 Lakhs per year, with the highest salary reaching ₹14.5 Lakhs to ₹34.0 Lakhs per year. Salary estimates are based on 32 salaries received from various Senior Quantitative Analysts across industries.
The average starting salary is around ₹9.0 Lakhs to ₹34.0 Lakhs per year, with the highest salary reaching ₹14.5 Lakhs to ₹34.0 Lakhs per year. Salary estimates are based on 32 salaries received from various Senior Quantitative Analysts across industries.
What are the top paying companies that employ Senior Quantitative Analysts?
Senior 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.
| Morningstar Senior Quantitative Analyst Salary | ₹14.5 Lakhs to ₹34 Lakhs per year |
| Wells Fargo Senior Quantitative Analyst Salary | ₹10.1 Lakhs to ₹28 Lakhs per year |
| Crisil Senior Quantitative Analyst Salary | ₹10.5 Lakhs to ₹26 Lakhs per year |
What are the top paying cities for Senior Quantitative Analyst in India?
The annual salary for Senior Quantitative Analyst in India varies by location. Top paying cities for Senior Quantitative Analyst are
Salary expectations for Senior Quantitative Analyst may vary based on job roles, experience, and specific employer requirements.
| Senior Quantitative Analyst Salary in Pune | ₹10.5 Lakhs to ₹26.0 Lakhs per year |
| Senior Quantitative Analyst Salary in Bangalore / Bengaluru | ₹17.5 Lakhs to ₹45.0 Lakhs per year |
| Senior Quantitative Analyst Salary in Chennai | ₹12.0 Lakhs to ₹21.5 Lakhs per year |
| Senior Quantitative Analyst Salary in Indore | ₹14.0 Lakhs to ₹24.9 Lakhs per year |
| Senior Quantitative Analyst Salary in Gurgaon / Gurugram | ₹6.1 Lakhs to ₹40.0 Lakhs per year |
What are the top paying industries for Senior Quantitative Analyst in India?
Top 5 paying Industries for Senior Quantitative Analyst in India are:
| Senior Quantitative Analyst Salary in Analytics & KPO | ₹10.5 Lakhs to ₹28.0 Lakhs per year |
| Senior Quantitative Analyst Salary in Internet | ₹10.5 Lakhs to ₹28.0 Lakhs per year |
| Senior Quantitative Analyst Salary in Financial Services | ₹14.5 Lakhs to ₹39.0 Lakhs per year |
| Senior Quantitative Analyst Salary in IT Services & Consulting | ₹15.5 Lakhs to ₹25.5 Lakhs per year |
| Senior Quantitative Analyst Salary in Investment Banking / Venture Capital / Private Equity | ₹9.0 Lakhs to ₹400.0 Lakhs per year |
How does experience affect salaries of a Senior Quantitative Analyst in India?
Experience significantly impacts a Senior Quantitative Analyst salary in India. Salaries increase with experience, as Senior Quantitative Analyst take on more complex tasks, responsibilities, and leadership roles.
Senior Quantitative Analyst salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹9.0 Lakhs to ₹20.0 Lakhs per year |
| 3 years | ₹5.0 Lakhs to ₹23.5 Lakhs per year |
| 4 years | ₹14.5 Lakhs to ₹33.5 Lakhs per year |
| 5 years | ₹14.5 Lakhs to ₹34.0 Lakhs per year |
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