Overview & Salary

Overview

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.

On the job, you would:

  • Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
  • Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
  • Interpret results of financial analysis procedures.

Education

  • master's degree
  • bachelor's degree

Salary

Annual 10th percentile $43,510
Annual median $78,310
Annual 90th percentile $139,960

Knowledge & Skills

Knowledge

Math and Science

  • arithmetic, algebra, geometry, calculus, or statistics

Business

  • accounting and economics

Engineering and Technology

  • computers and electronics

Arts and Humanities

  • English language

Skills

Basic Skills

  • using math to solve problems
  • thinking about the pros and cons of different ways to solve a problem

Problem Solving

  • noticing a problem and figuring out the best way to solve it

People and Technology Systems

  • thinking about the pros and cons of different options and picking the best one
  • figuring out how a system should work and how changes in the future will affect it

Personality & Abilities

Personality

Investigative

People interested in this work like activities that include ideas, thinking, and figuring things out.

  • Analytical Thinking
  • Integrity
  • Attention to Detail
  • Persistence
  • Initiative
  • Achievement/Effort

Abilities

Math

  • choose the right type of math to solve a problem
  • add, subtract, multiply, or divide

Verbal

  • read and understand what is written
  • communicate by writing

Ideas and Logic

  • use rules to solve problems
  • make general rules or come up with answers from lots of detailed information
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