Financial Quantitative Analysts
Develop quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develop mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.
Tasks Include:
- Prepare requirements documentation for use by software developers.
- Provide application or analytical support to researchers or traders on issues such as valuations or data.
- Identify, track, or maintain metrics for trading system operations.
- Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
- Research new financial products or analytics to determine their usefulness.
- Maintain or modify all financial analytic models in use.
- Produce written summary reports of financial research results.
- Interpret results of financial analysis procedures.
- Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- Define or recommend model specifications or data collection methods.
- Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
more »
The data sources for the information displayed here include: O*NET™; US Department of Labor (BLS); Virginia Workforce Connection. (Using onet291)
Projections Quick View:
Virginia: +6.3%
National: +6.2%
Education
Master's Degree
Job Zone:
Five: Extensive Preparation Needed
Income Range:
Highest ($50,000 and up)
Median Earnings:
National
$78,310.00
State
$84,960.00
Regional
Financial Quantitative Analysts
Description
| Career Cluster: | Finance
|
Develop quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develop mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Education
Required Level of Education
- Master's Degree = 60%
- Bachelor's Degree = 35%
- Doctoral Degree = 5%
Related Work Experience
- Over 2 years, up to and including 4 years = 35%
- Over 4 years, up to and including 6 years = 25%
- Over 1 year, up to and including 2 years = 20%
- None = 10%
- Over 6 years, up to and including 8 years = 5%
- Over 8 years, up to and including 10 years = 5%
On-Site or In-Plant Training
- None = 30%
- Over 3 months, up to and including 6 months = 25%
- Over 1 month, up to and including 3 months = 20%
- Up to and including 1 month = 10%
- Over 6 months, up to and including 1 year = 5%
- Over 1 year, up to and including 2 years = 5%
- Over 2 years, up to and including 4 years = 5%
On-the-Job Training
- Over 6 months, up to and including 1 year = 30%
- Over 3 months, up to and including 6 months = 20%
- Over 2 years, up to and including 4 years = 15%
- Anything beyond short demonstration, up to and including 1 month = 10%
- Over 1 month, up to and including 3 months = 10%
- Over 1 year, up to and including 2 years = 10%
- Over 4 years, up to and including 10 years = 5%
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Tasks
Core Tasks Include:
- Provide application or analytical support to researchers or traders on issues such as valuations or data.
- Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
- Research new financial products or analytics to determine their usefulness.
- Maintain or modify all financial analytic models in use.
- Produce written summary reports of financial research results.
- Interpret results of financial analysis procedures.
- Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- Define or recommend model specifications or data collection methods.
- Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
- Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
- Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
- Devise or apply independent models or tools to help verify results of analytical systems.
- Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
Supplemental Tasks Include:
- Prepare requirements documentation for use by software developers.
- Identify, track, or maintain metrics for trading system operations.
- Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.
- Analyze pricing or risks of carbon trading products.
- Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities.
- Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues.
- Develop solutions to help clients hedge carbon exposure or risk.
- Develop tools to assess green technologies or green financial products, such as green hedge funds or social responsibility investment funds.
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Tools and Technology
Tools Include:
- Scanners (Computer data input scanners)
- Desktop computers
- Notebook computers (Laptop computers)
- Mainframe computers
- Special purpose telephones (Multi-line telephone systems)
- Personal computers
- Photocopiers (Photocopying equipment)
Technologies Include:
- Analytical or scientific software
- Insightful S-PLUS
- SAS software
- StataCorp Stata
- The MathWorks MATLAB
- Data base user interface and query software
- Microsoft Access
- Structured query language SQL
- Data mining software
- IBM Cognos 8 Business Intelligence
- Development environment software
- Microsoft Visual Basic for Applications VBA
- Enterprise resource planning ERP software
- MicroStrategy Desktop
- Financial analysis software
- Bloomberg Professional
- Internet browser software
- Web browser software
- Object or component oriented development software
- C++
- Microsoft Visual C#
- Practical extraction and reporting language Perl
- Python
- R
- Office suite software
- Microsoft Office software
- Spreadsheet software
- Microsoft Excel
- Web platform development software
- JavaScript
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Special Requirements
Financial analysts must have a bachelor's degree. Many positions require a master's degree in finance or a Master of Business Administration (MBA). Positions may also require professional licenses and certifications. However, licenses and certifications are generally only earned after someone is hired.
Education and training:
A bachelor's or graduate degree is required for financial analysts. Most companies require a bachelor’s degree in a related field, such as finance, business, accounting, statistics, or economics. An understanding of statistics, economics, and business is essential, and knowledge of accounting policies and procedures, corporate budgeting, and financial analysis methods is recommended. An MBA or a master's degree in finance is often required. Advanced courses or knowledge of options pricing, bond valuation, and risk management are important.
Licensure:
The Financial Industry Regulatory Authority (FINRA) is the main licensing organization for the securities industry. Depending on an individual's work, different licenses may be required, although buy side analysts are less likely to need licenses. The majority of these licenses require sponsorship by an employer, so companies do not expect individuals to have these licenses before starting a job. Experienced workers who change jobs will need to have their licenses renewed with the new company.
Other qualifications:
Strong math, analytical, and problem-solving skills are essential qualifications for financial analysts. Good communication skills are necessary because these workers must present complex financial concepts and strategies. Self-confidence, maturity, and the ability to work independently are important. Financial analysts must be detail-oriented, motivated to seek out obscure information, and familiar with the workings of the economy, tax laws, and money markets. Although much of the software they use is proprietary, financial analysts must be comfortable working with spreadsheets and statistical packages.
With the increasing global diversification of investments, companies are assigning more financial analysts to cover foreign markets. These analysts normally specialize in one country, such as Brazil, or one region, such as Latin America. Companies prefer financial analysts to have the international experience necessary to understand the language, culture, business environment, and political conditions in the country or region that they cover.
Certification and advancement:
Although not always required, certifications enhance professional standing and are recommended by employers. Certifications are becoming increasingly common. Financial analysts can earn the Chartered Financial Analyst (CFA) designation, sponsored by the CFA Institute. To qualify for this designation, applicants need a bachelor's degree, four years of related work experience, and must pass three exams. Applicants can take the exams while they are obtaining the required work experience. Passing the exams requires several hundred hours of self-study. These exams cover subjects such as accounting, economics, securities analysis, financial markets and instruments, corporate finance, asset valuation, and portfolio management. Additional certifications are helpful for financial analysts who specialize in specific areas, such as risk management.
Financial analysts advance by moving into positions where they are responsible for larger or more important products. They may supervise teams of financial analysts. They may become portfolio managers or fund managers, directing the investment portfolios of their companies or funds.
Required Fees:
Program costs include a one-time enrollment fee and a registration fee for each exam you take.
|
June 2010 CFA Exam
|
Levels I, II, and III
|
Payment deadlines
|
Program enrollment
(new candidates only) |
+
|
Exam registration •
|
=
|
Total cost
|
|
17 February 2010:
|
$400
|
+
|
$710
|
=
|
$1110
|
|
17 March 2010:
|
$480
|
+
|
$955
|
=
|
$1435
|
|
December 2010 CFA Exam
|
Level I only
|
Payment deadlines
|
Program enrollment
(new candidates only) |
+
|
Exam registration •
|
=
|
Total cost
|
|
17 March 2010:
|
$400
|
+
|
$620
|
=
|
$1020
|
|
24 August 2010:
|
$400
|
+
|
$710
|
=
|
$1110
|
|
15 September 2010:
|
$480
|
+
|
$955
|
=
|
$1435
|
• The exam registration fees also include the complete curriculum and one mock exam per level. Sample exams are available for $40.00 each.
The data sources for the information displayed here include: Virginia Career VIEW Research. (Using onet291)
Financial Quantitative Analysts
Knowledge
| % | Subject | Description |
|---|---|---|
| 90.75 | Mathematics | Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications. |
| 80.00 | Economics and Accounting | Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data. |
| 67.50 | Computers and Electronics | Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming. |
| 51.25 | English Language | Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar. |
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Skills
| % | Subject | Description |
|---|---|---|
| 84.50 | Mathematics | Using mathematics to solve problems. |
| 78.00 | Critical Thinking | Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems. |
| 75.00 | Reading Comprehension | Understanding written sentences and paragraphs in work-related documents. |
| 72.00 | Complex Problem Solving | Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions. |
| 68.75 | Active Listening | Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times. |
| 68.75 | Speaking | Talking to others to convey information effectively. |
| 68.75 | Judgment and Decision Making | Considering the relative costs and benefits of potential actions to choose the most appropriate one. |
| 68.75 | Active Learning | Understanding the implications of new information for both current and future problem-solving and decision-making. |
| 62.50 | Writing | Communicating effectively in writing as appropriate for the needs of the audience. |
| 56.25 | Systems Analysis | Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes. |
| 56.25 | Systems Evaluation | Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system. |
| 53.00 | Persuasion | Persuading others to change their minds or behavior. |
| 50.00 | Learning Strategies | Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things. |
| 50.00 | Monitoring | Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action. |
| 50.00 | Social Perceptiveness | Being aware of others' reactions and understanding why they react as they do. |
| 50.00 | Coordination | Adjusting actions in relation to others' actions. |
| 50.00 | Instructing | Teaching others how to do something. |
| 50.00 | Time Management | Managing one's own time and the time of others. |
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Abilities
| % | Subject | Description |
|---|---|---|
| 84.50 | Mathematical Reasoning | The ability to choose the right mathematical methods or formulas to solve a problem. |
| 75.00 | Written Comprehension | The ability to read and understand information and ideas presented in writing. |
| 72.00 | Oral Comprehension | The ability to listen to and understand information and ideas presented through spoken words and sentences. |
| 72.00 | Written Expression | The ability to communicate information and ideas in writing so others will understand. |
| 72.00 | Number Facility | The ability to add, subtract, multiply, or divide quickly and correctly. |
| 72.00 | Deductive Reasoning | The ability to apply general rules to specific problems to produce answers that make sense. |
| 68.75 | Oral Expression | The ability to communicate information and ideas in speaking so others will understand. |
| 68.75 | Inductive Reasoning | The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events). |
| 68.75 | Information Ordering | The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations). |
| 68.75 | Problem Sensitivity | The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem. |
| 65.50 | Fluency of Ideas | The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity). |
| 62.50 | Speech Clarity | The ability to speak clearly so others can understand you. |
| 62.50 | Speech Recognition | The ability to identify and understand the speech of another person. |
| 59.50 | Near Vision | The ability to see details at close range (within a few feet of the observer). |
| 56.25 | Category Flexibility | The ability to generate or use different sets of rules for combining or grouping things in different ways. |
| 53.00 | Originality | The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem. |
| 53.00 | Selective Attention | The ability to concentrate on a task over a period of time without being distracted. |
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Work Activities
| % | Subject | Description |
|---|---|---|
| 92.00 | Working with Computers | Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information. |
| 90.00 | Analyzing Data or Information | Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts. |
| 87.50 | Processing Information | Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data. |
| 86.25 | Getting Information | Observing, receiving, and otherwise obtaining information from all relevant sources. |
| 83.00 | Making Decisions and Solving Problems | Analyzing information and evaluating results to choose the best solution and solve problems. |
| 77.50 | Updating and Using Relevant Knowledge | Keeping up-to-date technically and applying new knowledge to your job. |
| 76.25 | Communicating with Supervisors, Peers, or Subordinates | Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person. |
| 76.25 | Interpreting the Meaning of Information for Others | Translating or explaining what information means and how it can be used. |
| 72.50 | Thinking Creatively | Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions. |
| 63.25 | Estimating the Quantifiable Characteristics of Products, Events, or Information | Estimating sizes, distances, and quantities; or determining time, costs, resources, or materials needed to perform a work activity. |
| 62.50 | Identifying Objects, Actions, and Events | Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events. |
| 61.25 | Organizing, Planning, and Prioritizing Work | Developing specific goals and plans to prioritize, organize, and accomplish your work. |
| 60.00 | Communicating with People Outside the Organization | Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail. |
| 58.75 | Establishing and Maintaining Interpersonal Relationships | Developing constructive and cooperative working relationships with others, and maintaining them over time. |
| 56.25 | Providing Consultation and Advice to Others | Providing guidance and expert advice to management or other groups on technical, systems-, or process-related topics. |
| 55.00 | Documenting/Recording Information | Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form. |
| 53.75 | Developing Objectives and Strategies | Establishing long-range objectives and specifying the strategies and actions to achieve them. |
| 51.25 | Evaluating Information to Determine Compliance with Standards | Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards. |
| 50.00 | Selling or Influencing Others | Convincing others to buy merchandise/goods or to otherwise change their minds or actions. |
| 50.00 | Guiding, Directing, and Motivating Subordinates | Providing guidance and direction to subordinates, including setting performance standards and monitoring performance. |
| 50.00 | Coaching and Developing Others | Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills. |
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Work Styles
| % | Subject | Description |
|---|---|---|
| 95.00 | Analytical Thinking | Job requires analyzing information and using logic to address work-related issues and problems. |
| 90.00 | Integrity | Job requires being honest and ethical. |
| 87.50 | Attention to Detail | Job requires being careful about detail and thorough in completing work tasks. |
| 83.75 | Persistence | Job requires persistence in the face of obstacles. |
| 78.75 | Initiative | Job requires a willingness to take on responsibilities and challenges. |
| 77.50 | Achievement/Effort | Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks. |
| 76.25 | Dependability | Job requires being reliable, responsible, and dependable, and fulfilling obligations. |
| 73.75 | Stress Tolerance | Job requires accepting criticism and dealing calmly and effectively with high-stress situations. |
| 70.00 | Adaptability/Flexibility | Job requires being open to change (positive or negative) and to considerable variety in the workplace. |
| 68.75 | Innovation | Job requires creativity and alternative thinking to develop new ideas for and answers to work-related problems. |
| 65.00 | Cooperation | Job requires being pleasant with others on the job and displaying a good-natured, cooperative attitude. |
| 65.00 | Independence | Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done. |
| 60.00 | Self-Control | Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations. |
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Work Values
| % | Subject | Description |
|---|---|---|
| 72.17 | Independence | Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy. |
| 66.67 | Achievement | Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement. |
| 66.67 | Working Conditions | Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions. |
| 66.67 | Recognition | Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status. |
| 55.50 | Relationships | Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service. |
| 55.50 | Support | Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical. |
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Work Context
| % | Subject | Description |
|---|---|---|
| 99.00 | Electronic Mail | How often do you use electronic mail in this job? |
| 94.00 | Spend Time Sitting | How much does this job require sitting? |
| 88.40 | Level of Competition | To what extent does this job require the worker to compete or to be aware of competitive pressures? |
| 86.60 | Telephone | How often do you have telephone conversations in this job? |
| 85.60 | Face-to-Face Discussions | How often do you have to have face-to-face discussions with individuals or teams in this job? |
| 84.40 | Indoors, Environmentally Controlled | How often does this job require working indoors in environmentally controlled conditions? |
| 84.00 | Importance of Being Exact or Accurate | How important is being very exact or highly accurate in performing this job? |
| 82.20 | Work With Work Group or Team | How important is it to work with others in a group or team in this job? |
| 80.00 | Structured versus Unstructured Work | To what extent is this job structured for the worker, rather than allowing the worker to determine tasks, priorities, and goals? |
| 78.00 | Impact of Decisions on Co-workers or Company Results | What results do your decisions usually have on other people or the image or reputation or financial resources of your employer? |
| 77.00 | Freedom to Make Decisions | How much decision making freedom, without supervision, does the job offer? |
| 75.00 | Time Pressure | How often does this job require the worker to meet strict deadlines? |
| 73.00 | Contact With Others | How much does this job require the worker to be in contact with others (face-to-face, by telephone, or otherwise) in order to perform it? |
| 68.40 | Frequency of Decision Making | How frequently is the worker required to make decisions that affect other people, the financial resources, and/or the image and reputation of the organization? |
| 64.20 | Consequence of Error | How serious would the result usually be if the worker made a mistake that was not readily correctable? |
| 63.60 | Letters and Memos | How often does the job require written letters and memos? |
| 63.40 | Coordinate or Lead Others | How important is it to coordinate or lead others in accomplishing work activities in this job? |
| 63.40 | Responsibility for Outcomes and Results | How responsible is the worker for work outcomes and results of other workers? |
| 55.80 | Degree of Automation | How automated is the job? |
| 54.80 | Importance of Repeating Same Tasks | How important is repeating the same physical activities (e.g., key entry) or mental activities (e.g., checking entries in a ledger) over and over, without stopping, to performing this job? |
| 52.00 | Spend Time Making Repetitive Motions | How much does this job require making repetitive motions? |
| 51.20 | Physical Proximity | To what extent does this job require the worker to perform job tasks in close physical proximity to other people? |
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Job Zone Five: Extensive Preparation Needed
- Overall Experience
- Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.
- Job Training
- Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.
- Examples
- These occupations often involve coordinating, training, supervising, or managing the activities of others to accomplish goals. Very advanced communication and organizational skills are required. Examples include pharmacists, lawyers, astronomers, biologists, clergy, physician assistants, and veterinarians.
- Education
- Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Earnings Benefits*
| Region | Entry Level | Median | Experienced |
|---|---|---|---|
| United States | $43,510.00 | $78,310.00 | $105,060.00 |
| Virginia | $48,570.00 | $84,960.00 | $113,010.00 |
| Region | Entry Level | Median | Experienced |
| Alexandria/Arlington | $78,450.00 | $123,140.00 | $142,890.00 |
| Bay Consortium | $62,480.00 | $102,150.00 | $126,950.00 |
| Capital Region Workforce Partnership | $46,250.00 | $62,860.00 | $81,030.00 |
| Central VA/Region2000 | $30,470.00 | $35,800.00 | $51,640.00 |
| Crater Area | No Data | No Data | No Data |
| Greater Peninsula | No Data | No Data | No Data |
| Hampton Roads | $58,010.00 | $86,280.00 | $98,130.00 |
| New River/Mt. Rogers | $39,230.00 | $64,050.00 | $77,140.00 |
| Northern Virginia | $64,670.00 | $99,800.00 | $123,950.00 |
| Piedmont Workforce | $57,350.00 | $73,580.00 | $83,650.00 |
| Shenandoah Valley | $44,400.00 | $77,260.00 | $91,940.00 |
| South Central | No Data | No Data | No Data |
| Southwestern Virginia | No Data | No Data | No Data |
| West Piedmont | No Data | No Data | No Data |
| Western Virginia | $43,640.00 | $65,130.00 | $79,480.00 |
* Earnings Calculations:
Regional Earnings:
Entry = Annual mean of the lower 1/3 wage distribution;
Experienced = Annual mean of the upper 2/3 wage distribution.
National and State Earnings:
Entry = Annual 10th percentile wage;
Experienced = Annual 75th percentile wage.
The data sources for the information displayed here include: US Department of Labor (BLS); Virginia Workforce Connection. (Using onet291)
Financial Quantitative Analysts
Employment Projections
USA: 2023-2033
Virginia: 2022-2032
Regions: 2020-2030
| Current | Projected | % Change | |
|---|---|---|---|
| United States | 129,800 | 137,900 | +6.2% |
| Virginia | 4,979 | 5,292 | +6.3% |
| Region | Current* | Projected | % Change |
| Alexandria/Arlington | No Data | No Data | No Data |
| Bay Consortium | No Data | No Data | No Data |
| Capital Region Workforce Partnership | No Data | No Data | No Data |
| Central VA/Region2000 | No Data | No Data | No Data |
| Crater Area | No Data | No Data | No Data |
| Greater Peninsula | No Data | No Data | No Data |
| Hampton Roads | No Data | No Data | No Data |
| New River/Mt. Rogers | No Data | No Data | No Data |
| Northern Virginia | No Data | No Data | No Data |
| Piedmont Workforce | No Data | No Data | No Data |
| Shenandoah Valley | No Data | No Data | No Data |
| South Central | No Data | No Data | No Data |
| Southwestern Virginia | No Data | No Data | No Data |
| West Piedmont | No Data | No Data | No Data |
| Western Virginia | No Data | No Data | No Data |
The data sources for the information displayed here include: US Department of Labor (BLS); Virginia Workforce Connection. (Using onet291)
Financial Quantitative Analysts
Related Occupations
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Careers in Securities & Investments Pathway:
- Brokerage Clerks
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The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
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Overview
Occupations
The data sources for the information displayed here include: New York State Department of Labor; New Jersey Department of Labor; California Occupational Information Coordinating Committee; CareerOneStop. (Using onet291)
Financial Quantitative Analysts
Military Training
There are no related military occupations for this occupation.
The data sources for the information displayed here include: Defense Manpower Data Center. (Using onet291)
Financial Quantitative Analysts
Proficiency Ratings
These proficiencies are scored on a scale from 1 to 5 with 1 being not
important to the job and 5 being extremely important to the job.
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Titles
- Equity Structurer
- Financial Engineer
- Financial Quantitative Analyst
- Quantitative Analyst
- Structurer
The data sources for the information displayed here include: O*NET™. (Using onet291)
Financial Quantitative Analysts
Related Schools
- Bluefield University
- Christopher Newport University
- DeVry University-Virginia
- Eastern Mennonite University
- Ferrum College
- George Mason University
- Hampton University
- James Madison University
- Liberty University
- Mountain Gateway Community College
- Old Dominion University
- Radford University
- Regent University
- University of Lynchburg
- University of Richmond
- University of Virginia-Main Campus
- Virginia Commonwealth University
- Virginia Polytechnic Institute and State University
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The data sources for the information displayed here include: O*NET™. (Using onet291)