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