Financial Quantitative Analysts

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What do they do?

Develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.

Also known as:

Applied Research Director, Global Analytics Head, Global Credit Quantitative Analysis Head, Investment Strategist, Portfolio Manager, Quantitative Analyst, Quantitative Equity Head, Quantitative Research Analyst, Quantitative Strategy Analyst, Research Analyst

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Projected Growth Rate

Employment of Financial Specialists, All Other is projected to grow 2 percent from 2018 to 2028, more slowly than average compared to all occupations.

★ You’re seeing projected growth rate for Financial Specialists, All Other because we don’t have information for Financial Quantitative Analysts.
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Projected Employment

No Data Available

Projected Employment Rankings For Virginia:

  • 2%

    Percent Change

    Ranks #19 in job growth rate
  • 490

    Annual Projected Job Openings

    Ranks #8 in net job growth
★ You’re seeing projected employment information for Financial Specialists, All Other because we don’t have information for Financial Quantitative Analysts.

Select Type of Degree:

Typical College Majors

Majors that prepare Financial Quantitative Analysts:

Indicates your preferred majors

★ Number of granted degrees for degree type, Bachelors degree, is listed after the major.

Education Level

  • Doctorate or Professional Degree (3.2%)
  • Master's degree (19.9%)
  • Bachelor's degree (34.9%)
  • Associate's degree (8.4%)
  • Some college, no degree (18.8%)
  • High school diploma equivalent (13.1%)
  • Less than high school diploma (1.8%)

Percent of workers in this field

★ You’re seeing education information for Financial specialists, all other because we don’t have information for Financial Quantitative Analysts. Please note the information may not be the same for both occupations.

Colleges that Prepare

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Skills

People in this career often have these skills:

  • Mathematics - Using mathematics to solve problems.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  • 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.
  • Speaking - Talking to others to convey information effectively.
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Knowledge

People in this career often know a lot about:

  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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Abilities

People in this career often have talent in:

  • Mathematical Reasoning - The ability to choose the right mathematical methods or formulas to solve a problem.
  • Number Facility - The ability to add, subtract, multiply, or divide quickly and correctly.
  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
  • Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
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Activities: what you might do in a day

People in this career often do these activities:

  • Apply mathematical models of financial or business conditions.
  • Advise others on analytical techniques.
  • Develop business or financial information systems.
  • Assess the cost effectiveness of products, projects, or services.
  • Confer with personnel to coordinate business operations.
  • Analyze business or financial data.
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This page includes data from:

O*NET OnLine Career data: O*NET 24.3 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

Occupation statistics: USDOL U.S. Bureau of Labor Statistics Occupational Employment Statistics

careeronestop logo Videos: CareerOneStop, USDOL/ETA and the Minnesota Department of Employment & Economic Development

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