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When Will I Use Math?
WeUseMath.org
Quantitative Financial Market Analyst
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|---|---|
| Download PDF Flyer for this career | 1.44 MB |
A quantitative financial market analyst is a person who works in finance using numerical or quantitative techniques.
Low-end Salary:
$60,063/yr
Median Salary:
$73,670/yr
High-end Salary:
$92,849/yr Education:
Quantitative financial market analysts often come from mathematics or physics backgrounds rather than finance related fields, and they are a major source of employment for people with physics and mathematics Ph.D's.
Math Required:
College Algebra Trigonometry Calculus I and II Differential Equations Linear Algebra
When Math Is Used:
A typical problem for a numerically oriented quantitative analyst would be to develop a model for pricing and managing a complex derivative product.
Potential Employers:
Quantitative financial market analysts work in the financial markets, specifically in the banking industry to support trading and sales functions.
Facts:
Harry Markowitz's 1952 Ph.D thesis "Portfolio Selection" was one of the first papers to formally adapt mathematical concepts to finance.
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Salary figures from
the current US Bureau of Labor of Statistics website and represent the
90th percentile.
The most common question students ask math teachers at every level is “When will I use math?” WeUseMath.org is a non-profit website that helps to answer this question. This website describes the importance of mathematics and many rewarding career opportunities available to students who study mathematics.
Figures represent salary potential.
American Mathematical Society 
Mathematical Association of America
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