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Financial Quantitative Analysts

Analyze financial data using mathematical models.

Quick Facts

Wages:

Median wages for the broader occupation, Financial Specialists, All Other, are $37.13 / hour.

Education:

On the Job:

Typical Work Tasks
  • Analyze business or financial data.
  • Analyze risks related to investments in green technology.
  • Apply mathematical models of financial or business conditions.
  • Develop technical specifications for systems or equipment.
Read more about the job

Job Title Examples:

Financial Engineer
Quantitative Analyst
Equity Structurer

See more job title examples

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On the Job

 

Financial Quantitative Analysts help individuals or businesses determine the best ways to invest, lend, or save money. They design and use advanced mathematical models to do this. They may also advise on the best data to collect for these purposes.

 

Typical Work Tasks

People who work in this career often:


Typical Working Conditions

 

O*NET in-it

This page includes information from the O*NET 24.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.

 


Education & Credentials

 

This is a new or emerging specialty. The information on this page is based on the broader career that this specialty is part of, Financial Specialists, All Other.

 

Educational Requirements

Not available

 

Education level attained (national data)

Education Level Attained (national data)
Education Level AttainedPercentage of workers in this occupation
Less than high school diploma1.8
High school diploma or equivalent13.1
Some college, no degree18.8
Associate degree8.4
Bachelors degree34.9
Masters degree19.9
Doctoral (Ph.D) or professional degree3.2

 

Work Experience and Training Requirements

Nationally, this career typically requires:

  • No related work experience for entry.
  • Moderate-term on-the-job training to become competent.

 

Transfer Options

 

Licenses

Licenses are knowledge and skill credentials that are legally required in some careers.

This occupation requires a license.

Bail Bond Agent
Insurance Agent (Line item for Bailbondsmen)

 

Helpful High School Courses

Examples of helpful classes that help you prepare for this career:

  • Accounting
  • Algebra I and II
  • Business Law
  • Business Management
  • Composition
  • Economics
  • International Business
  • Marketing
  • Office Procedures
  • Public Speaking
  • Statistics
  • e-Commerce

In Minnesota, your school may have developed a Program of Study in this career area. A Program of Study is an academic and career plan developed by your high school to help move you towards a career and college path. A Program of Study can help you:

  • Select high school classes that prepare you for college and getting a job
  • Understand how the classes you're taking in high school lead to a career
  • Identify extra-curricular activities that are related to your career interest
  • See what classes at your school offer early college credit that will save you time and money towards your college expenses
  • Graduate from high school prepared for your next step toward the career you choose

 

O*NET in-it

This page includes information from the O*NET 24.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.



Skills & Knowledge

 

Most Important Skills for Financial Quantitative Analysts


 

Most Important Knowledge Areas for Financial Quantitative Analysts



Interests


Different careers may be a good fit for your personality or interests. This career is:

Learn more about your interests. Take the MnCareers Interest Assessment.

 

Describe Your Skills


This is a new or emerging career specialty. Skill statements are still under development.

 

Careers that Use Similar Skills


This is a new or emerging career specialty. Information on similar careers is still under development.

 

View more careers in the Finance cluster

View more careers in the Operations Management pathway

 

O*NET in-it

This page includes information from the O*NET 24.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.



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Jobs



Real-time job data provided by Gartner TalentNeuron

 

Job Title Examples


Financial Engineer,  Quantitative Analyst,  Equity Structurer,  Financial Quantitative Analyst,  Structurer 

 

Where Do Financial Quantitative Analysts Work?


Financial Quantitative Analysts often work in the following industries.



Source: You can learn about our data sources in the About Us section.