Occupations/13-2099.01
Financial Quantitative Analysts
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.
Usually a graduate or professional degree.
AI automation risk
80%
Higher automation risk
Human characteristics
22%
Fewer uniquely human demands
Task orientation
50%
Mixed exposure
A day in this job
- Task
Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
- Task
Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
- Task
Interpret results of financial analysis procedures.
These are core tasks from O*NET. The wording didn’t clearly split routine from human, so they are listed without that label.
Core tasks
- 01Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
- 02Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
- 03Interpret results of financial analysis procedures.
- 04Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- 05Define or recommend model specifications or data collection methods.
- 06Produce written summary reports of financial research results.
Model drivers (O*NET 1–5)
- Repeating same tasks2.74
- Degree of automation2.79
- Time sitting4.70
- Originality (ability)3.12
- Conflict situations2.25
- Hands-on objects/tools1.65
- Outdoors / weather1.00
- Disease exposure1.00
- Decision freedom3.85
Top abilities
- Mathematical Reasoning4.38
- Written Comprehension4.00
- Written Expression3.88
- Oral Comprehension3.88
- Number Facility3.88
- Deductive Reasoning3.88
- Problem Sensitivity3.75
- Oral Expression3.75
Essential skills
- Reading Comprehension4.00
- Active Listening3.75
- Writing3.50
- Speaking3.75
- Mathematics4.38
- Science1.88
- Critical Thinking4.12
- Active Learning3.75
- Learning Strategies3.00
- Monitoring3.00
CIP matches
Schools offering related programs
12 of 86 shown
Earnings are College Scorecard medians for that program, 1 and 2 years after completion. A dash means the Department suppressed the cell or the campus is not in the field file.
| Institution | Program | Tuition | Admit | Grad 6-yr | Earnings |
|---|---|---|---|---|---|
Georgetown University Washington, DC · Private nonprofit | Non-Profit/Public/Organizational Management 52.0206 | $65,400 | 12% | 95% | 1 yr $132,578 2 yr $127,040 Master's · CIP 52.02 |
New York University New York, NY · Private nonprofit | Financial Mathematics 27.0305 | $60,400 | 12% | 88% | 1 yr $122,038 2 yr $98,743 Master's · CIP 27.03 |
University of California-San Diego La Jolla, CA · Public | Financial Mathematics 27.0305 | $15,200 | 24% | 87% | 1 yr $117,572 2 yr $117,572 Master's · CIP 27.03 |
University of St Thomas St. Paul, MN · Private nonprofit | Non-Profit/Public/Organizational Management 52.0206 | $50,200 | 77% | 82% | 1 yr $107,198 2 yr $101,300 Master's · CIP 52.02 |
North Carolina State University at Raleigh Raleigh, NC · Public | Financial Mathematics 27.0305 | $9,200 | 47% | 84% | 1 yr $106,421 2 yr — Doctoral · CIP 27.03 |
Massachusetts Institute of Technology Cambridge, MA · Private nonprofit | Financial Mathematics 27.0305 | $60,100 | 4% | 96% | 1 yr $104,749 2 yr $90,856 Bachelor's · CIP 27.03 |
Vanderbilt University Nashville, TN · Private nonprofit | Non-Profit/Public/Organizational Management 52.0206 | $63,600 | 7% | 93% | 1 yr $102,743 2 yr $99,251 Master's · CIP 52.02 |
Stanford University Stanford, CA · Private nonprofit | Financial Mathematics 27.0305 | $62,400 | 4% | 96% | 1 yr — 2 yr $97,071 Bachelor's · CIP 27.03 |
Boston University Boston, MA · Private nonprofit | Financial Mathematics 27.0305 | $65,200 | 14% | 89% | 1 yr — 2 yr $97,071 Master's · CIP 27.03 |
Bemidji State University Bemidji, MN · Public | Non-Profit/Public/Organizational Management 52.0206 | $9,900 | 77% | 58% | 1 yr $91,744 2 yr — Master's · CIP 52.02 |
Columbia University in the City of New York New York, NY · Private nonprofit | Financial Mathematics 27.0305 | $68,200 | 4% | 96% | 1 yr $91,744 2 yr $84,653 Bachelor's · CIP 27.03 |
University of Florida Gainesville, FL · Public | Non-Profit/Public/Organizational Management 52.0206 | $6,400 | 23% | 89% | 1 yr $89,535 2 yr $88,546 Master's · CIP 52.02 |