Quantitative Analyst
Also known as: Quant Analyst · Quant Researcher
Uses maths and programming to build models for pricing, trading or risk in finance.
What you’d do
A quantitative analyst uses mathematics, statistics and programming to build models for pricing, trading or risk in finance. Banks, trading firms, asset managers and global finance back offices in India hire them. A day involves analysing data, coding and testing models, and explaining results to traders or risk teams.
- Builds pricing and risk models
- Tests strategies on market data
- Writes analysis code
- Explains models to traders and risk teams
How you get in
Freshers enter through campus hiring at institutes with strong maths and engineering programmes, or as risk or data analysts before moving into quant roles. Selection often includes tests in probability, statistics and coding.
Salary in India
Fresher salary over the years
middle of the 0–1 yr range, ₹ lakh a year
Fewer than two years of fresher data so far — the trend shows once there are two.
Skills you’ll use
From our guide · a curated list is coming
- Probability, statistics and linear algebra
- Programming in Python or C++
- Financial derivatives and pricing basics
- Time-series analysis and backtesting
- Explaining model results clearly
About this field · for freshers
Job openings by year
Is demand growing?
Not added yet.
Competition3
How many graduates enter each year?
B.Sc (all subjects) graduates in 2023-24 at institutions that reported to AISHE — everyone finishing that degree, not only those entering this role.
Who hires
IT firms, banks, government, startups?
Not added yet.
Where the jobs are
Which cities?
Not added yet.
Women in the field3
Is it diverse?
Share of women among B.Sc (all subjects) graduates in 2023-24 — the entry degree, not people already working in this role.
At a glance
- Entry is competitive; many roles prefer a master's or strong competitive-exam background.
- Common next roles: senior quant, quant researcher, risk modelling lead.
- Model validation and risk roles are common entry points at banks.
Stay safe
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