How much does a Quantitative Analyst make?

Updated 5 Jan 2022
₹15L /yr
Average Base Pay

156 salaries

₹6L

Low

₹15L

Average

₹35L

High

No additional cash compensation has been reported for this role

How much does a Quantitative Analyst make? The national average salary for a Quantitative Analyst is ₹14,96,789 in India. Filter by location to see Quantitative Analyst salaries in your area. Salary estimates are based on 156 salaries submitted anonymously to Glassdoor by Quantitative Analyst employees.

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₹67,115

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Salaries in India

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Average Base Salary in (INR)

Range

Goldman Sachs
4

Goldman Sachs

Quantitative Analyst

₹27,87,834

 /yr
Range: ₹26L - ₹35L
12 salaries
See 12 salaries from all locations

₹26L

₹35L

₹26,36,655 - ₹34,89,974 Range

Dolat Capital
3.8

Dolat Capital

Quantitative Analyst

₹15,91,345

 /yr
Range: ₹9L - ₹18L

₹9L

₹18L

₹9,00,263 - ₹17,67,043 Range

CRISIL
3.8

CRISIL

Quantitative Analyst

₹9,11,616

 /yr
Range: ₹8L - ₹14L

₹8L

₹14L

₹8,00,000 - ₹14,16,435 Range

Moody's Analytics
3.8

Moody's Analytics

Quantitative Analyst

₹6,95,997

 /yr
Range: ₹5L - ₹58L

₹5L

₹58L

₹5,46,862 - ₹58,36,074 Range

iRageCapital Advisory
4.1

iRageCapital Advisory

Quantitative Analyst

₹11,22,592

 /yr
Range: ₹3L - ₹17L

₹3L

₹17L

₹3,33,553 - ₹17,34,857 Range

Credit Suisse
3.9

Credit Suisse

Quantitative Analyst

₹17,89,071

 /yr
Range: ₹13L - ₹23L

₹13L

₹23L

₹12,84,952 - ₹22,83,290 Range

J.P. Morgan
4

J.P. Morgan

Quantitative Analyst

₹22,78,926

 /yr
Range: ₹19L - ₹42L

₹19L

₹42L

₹19,20,837 - ₹42,42,893 Range

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HSBC
3.8

HSBC

Quantitative Analyst

₹17,11,206

 /yr
Range: ₹2L - ₹41L

₹2L

₹41L

₹2,13,649 - ₹40,55,100 Range

Quantile Analytics

Quantitative Analyst

₹8,78,345

 /yr
Range: ₹6L - ₹16L

₹6L

₹16L

₹6,40,279 - ₹15,97,973 Range

BNY Mellon
3.6

BNY Mellon

Quantitative Analyst

₹8,13,902

 /yr
Range: ₹8L - ₹14L

₹8L

₹14L

₹7,90,997 - ₹13,53,020 Range

Edelweiss Financial Services
3.7

Edelweiss Financial Services

Quantitative Analyst

₹13,84,244

 /yr
Range: ₹14L - ₹27L

₹14L

₹27L

₹13,62,948 - ₹26,56,630 Range

FinIQ Consulting Pvt
3.5

FinIQ Consulting Pvt

Quantitative Analyst

₹17,03,685

 /yr
Range: ₹4L - ₹18L

₹4L

₹18L

₹4,08,633 - ₹17,75,892 Range

Tower Research Capital LLC
3.6

Tower Research Capital LLC

Quantitative Analyst

₹48,01,713

 /yr
Range: ₹37L - ₹60L

₹37L

₹60L

₹37,31,296 - ₹60,00,000 Range

iRageCapital Advisory
4.1

iRageCapital Advisory

Quantitative Analyst - Monthly Intern

₹38,914

 /mo
Range: ₹12T - ₹52T

₹12T

₹52T

₹12,264 - ₹51,972 Range

AlgoAnalytics Financial Consultancy
4.3

AlgoAnalytics Financial Consultancy

Quantitative Analyst

₹4,99,577

 /yr
Range: ₹5L - ₹7L

₹5L

₹7L

₹4,79,738 - ₹7,00,883 Range

Equity Data Science

Quantitative Analyst

₹9,37,774

 /yr
Range: ₹9L - ₹10L

₹9L

₹10L

₹8,57,992 - ₹9,60,000 Range

Citi
3.9

Citi

Quantitative Analyst
About 

₹18L -₹33L

₹18L

₹33L

₹18,46,733 - ₹32,83,303 Range

NatWest Group
3.9

NatWest Group

Quantitative Analyst
About 

₹16L -₹21L

₹16L

₹21L

₹15,67,885 - ₹20,91,214 Range

Morgan Stanley
4

Morgan Stanley

Quantitative Analyst
About 

₹25L -₹32L

₹25L

₹32L

₹25,16,188 - ₹32,46,044 Range

State Street
3.4

State Street

Quantitative Analyst
About 

₹11L -₹12L

₹11L

₹12L

₹10,62,462 - ₹11,71,652 Range

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Frequently asked questions about a Quantitative Analyst salaries

The national average salary for a Quantitative Analyst is ₹14,96,789 per year in India. Filter by location to see a Quantitative Analyst salaries in your area. Salaries estimates are based on 156 salaries submitted anonymously to Glassdoor by a Quantitative Analyst employees.

The highest salary for a Quantitative Analyst in India is ₹34,92,798 per year.

The lowest salary for a Quantitative Analyst in India is ₹6,44,372 per year.

Recent Salary Reports

Below are the most recent quantitative analyst salary reports. Employer name has been removed to protect anonymity.

₹27,00,000
per year
A Quantitative Analyst in the Bengaluru Area area reported making ₹27,00,000 per year
Job Highlights
1-2 years experience
Bengaluru Area area
Full-time
 
10000+ employees
Company - Public
₹27,00,000
per year
A Quantitative Analyst in the Bengaluru Area area reported making ₹27,00,000 per year
Additional Pay
₹800k cash bonus
Job Highlights
3-4 years experience
Bengaluru Area area
Full-time
 
10000+ employees
Company - Public
₹15,00,000
per year
A Quantitative Analyst in the Bengaluru Area area reported making ₹15,00,000 per year
Job Highlights
10+ years experience
Bengaluru Area area
Full-time
 
10000+ employees
Company - Private
₹9,00,000
per year
A Quantitative Analyst in the Mumbai Area area reported making ₹9,00,000 per year
Job Highlights
Mumbai Area area
Intern
 
10000+ employees
Company - Public
₹3,60,000
per year
A Quantitative Analyst in the Ahmedabad Area area reported making ₹3,60,000 per year
Job Highlights
Ahmedabad Area area
Full-time
 
1 to 50 employees
Company - Private
₹8,00,000
per year
A Quantitative Analyst in the Pune Area area reported making ₹8,00,000 per year
Job Highlights
1-2 years experience
Pune Area area
Full-time
 
1001 to 5000 employees
Company - Public
₹30,00,000
per year
A Quantitative Analyst in the New Delhi Area area reported making ₹30,00,000 per year
Additional Pay
₹1.5M cash bonus
₹1 stock bonus
₹1 profit sharing
₹1 commissions
₹1 tips/gratuities
Job Highlights
New Delhi Area area
Full-time
201 to 500 employees
Company - Private