Quantitative analyst vs data scientist salary in usa Today’s top 134,000+ Data Scientist jobs in United States. Glassdoor. Communication skills. com's salary tool and search thousands of salaries in your industry. Apr 29, 2025 · Salary for Data Scientist. At the highest seniority level, an experienced Data Scientist in US can make a salary range of $82,339 to $166,855 with at least 8 years of experience, based on 18,354 salary contributions. Oct 1, 2024 · Difference Between Quantitative Analyst Vs Data Scientist. Assuming you already have data analytics and data science experience, around 1–3 years, you can actually see your salary offers increase from really highlighting your projects on your resume better. Logical-thinking skills. Quantitative Analysts (QA) and Data Scientists (DS) are two highly sought-after professions in the world of analytics. Data analysts and data scientists both work with data, but they serve different primary functions. Feb 8, 2024 · Now that we’ve outlined how to get started in both the data analyst and data scientist fields, it’s time to address the salaries of a data scientist vs. Data Scientist vs Machine Learning Engineer: Career Path May 1, 2025 · Military data analysts conduct quantitative and qualitative analyses to support a wide variety of military activities, including acquisition, combat operations, system development, logistics, and force design. At the highest seniority level, an experienced Quantitative Researcher in US can make a salary range of $90,421 to $212,701 with at least 5 years of experience, based on 1,961 salary contributions. An advanced degree can help as an advantage, but it is often not a must-have qualification. Data Scientist: Career Path. Dec 20, 2024 · Junior Data Scientist; Data Analyst; Machine Learning Engineer; Business Intelligence Analyst; Quantitative Analyst; As an entry-level data scientist, you'll immerse yourself in collecting, analyzing, and interpreting complex data to help drive informed business decisions. Other related blogs: Apr 20, 2025 · Quantitative analyst positions are found almost exclusively in major financial centers with trading operations. 4. Let’s start exploring more on Quantitative Analyst vs Data Scientist. In the United States, the average salary for a data scientist is $145,037 per year. For example, the average base salary for a data scientist in San Francisco is $163,048 and the average base salary for a data scientist in Boston is $124,532. Data Scientist vs. Course to Jul 5, 2024 · Q. Location can also make a big difference. The salary for a data analyst per year can also be influenced by the level of education and specific technical skills possessed by the individual. The top three skills for a credit risk analyst include risk management, SAS and SQL. According to Glassdoor, the median salary of a Quantitative Financial Analyst was US $106,575 per Sep 13, 2024 · What are the role responsibilities of a data analyst? A data analyst’s role will likely revolve around understanding the overall “feel” of the business. Mar 26, 2025 · Because of this, the BLS expects job prospects to be excellent. g. Data scientists generally earn more due to their specialized skills in predictive modeling and complex data analysis. Feb 10, 2023 · Glassdoor lists the 2023 average salary of a big data analyst in the US is around $97,000. Though I can see Finance leading to very senior and executive positions in a company (e. Quantitative analysts and data scientists work with data. As a world leading financial market, the United States is no exception. According to PayScale, the median pay of New York Quantitative Financial Analysts was US $101,947 per annum. In the United States, that would be New York and Chicago, and areas where hedge The mean annual data scientist salary was $103,930 in 2020, according to the Bureau of Labor Statistics (BLS). Apr 10, 2025 · The average salary for a Data Scientist in US is $117,212 per year based on 18,354 salary contributions, which is 10. According to the 2020 BLS data, operations research analysts earned a median wage of $86,200 while people with data science and mathematical occupations earned a median annual wage of $98,230 per year . A Data Sсientist leverages maсhine learning algоrithms and prediсtive mоdels tо unсоver insights and patterns in large, соmplex datasets. Ok wicked, it does seem that way, I get messages about data science jobs (I know they are not data science but everything is being labelled as it) and I don't even have any data science, just 'Familiar w/ Python'. With experience in specific competitive industries like technology and finance, salaries can exceed $150,000 annually. Members Online When the word is all about LLMs and GenAI and you are still using linear regression RAND researchers are creative, independent thinkers who are passionate about making a difference in the world through public policy research. The median salary for a Data Scientist in the United States is around $118,000 per year according to Glassdoor. Salary. However, a data scientist’s starting salary may be lower than the average. Quantitative Analysts Quantitative Analyst vs. S. The Bureau of Labor Statistics' data indicated that the median actuary salary per year in 2021 was $105,900. 5L for data analysts. Mar 19, 2024 · Average Salary: In the United States, data visualization engineers earn an average annual salary of $103,031. The average salary for both positions may vary depending on the size of the company at which you work, location of your job and the level of experience you have prior to pursuing either position. Quantitative traders can expect to work approximately 60 hours/week on the lower-end, which is considered standard in the high-tech industry. Quantitative researchers tend to average out 45-55 hour workweeks. Top companies and specialized roles may offer higher compensation. Data Scientist: A data scientist is like a detective. A strong statistical approach and expansive financial knowledge make a person eligible to build a career in the field of quantitative analysis. Oct 29, 2023 · Data Analyst vs. Jan 13, 2025 · Explore the top 13 highest-paying data science jobs in 2025, including roles like Data Scientist, AI Engineer, and NLP Engineer. I’m a execution trader at a quant HF where the researchers are the ones generating signals and therefore eligible for P&L sharing and the highest compensation. Apr 18, 2025 · Data scientists must be able to write code, analyze data, develop or improve algorithms, and use data visualization tools. In this section, we will discuss Data Scientist vs Business Analyst through their skills, responsibilities, and various tools utilized by them. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. This varies depending on the role, organization, industry, and your experience and education. However, it is unnecessary if you have a graduation or a post-graduation degree in a technical field because it is not mandatory, considering that you opt for online certification courses. data analytics. It’s a field that requires statistics, quantitative reasoning and computer programming skills. This consists of $67,371 base pay and $4,410 additional pay. 1st shift . com. Quantitative Analyst make an average of R 6 300 000 / year in South Africa, or R 3 231 / hr. Quantitative Analyst Vs Software Engineer The differences between quantitative analysts and software engineers can be seen in a few details. Feb 13, 2023 · Related: What Does a Principal Data Scientist Do? Quantitative Analyst vs. Jul 28, 2024 · The base quantitative analyst salary in 2025 ranges from $69,000 to $147,000 per year in the US, according to data from Payscale. Mar 4, 2025 · What does a Quantitative Analyst do? Many Quantitative Analysts perform statistical research for commercial banks, investment firms, hedge funds, insurance companies and other financial institutions. fyi which was used to track total compensations for data scientists, software engineers, and Apr 10, 2025 · A Quantitative Analyst in US can expect to see an entry level salary range of $67,179 to $153,770 per year, based on 26 salary contributions. Data analyst vs data scientist: top-line difference teams to deliver reporting and analysis or a quantitative degree the median data scientist salary in the Dec 11, 2024 · Data Scientist. Data Scientist vs Data Analyst – which role are you choosing? Firstly, consider how much time and resources you are willing to invest in education and training. Salaries estimates are based on 199 salaries submitted anonymously to Glassdoor by a Data Scientist employees in Copenhagen, Capital Region. On average, Quantitative Analyst salaries ranges from ₹4. com reports that pay typically ranges from $66,008 to $80,491, with most professionals earning between $58,856 and $86,525. The 2024 CQF Careers Guide to Quantitative Finance provides an in-depth look at salaries and compensation across six career paths: risk management, portfolio management, technology, quant trading, quant strategies and research, and data science and machine learning. To make sure you leverage the right platforms, read on. Mar 11, 2021 · Photo by You X Ventures on Unsplash [5]. Data Scientist Salary. What Does a Data Scientist Earn? According to Indeed, data scientists have an annual salary of up to $123,842. a data scientist. Software Engineering Salary Pay is normally skill-based, competency-based, or performance-based. A Brief History of Quants Quantitative analysts, or “quants” (it sounds like something I would call someone in middle school: “Ya stupid QUANT!”), are the modern-day wizards of Wall Street. , according to Glassdoor. At the end of the day the only thing that matters is how much you know and how well you interview, if you get past the initial resume screen, an MS in data science is viewed as a stat + CS guy and their interview questions will revolve around those topics (more so in ML). Mar 18, 2025 · Based on recent surveys, the average salary for a Data Scientist in the United States can range from approximately $110,000 to $130,000 per year, whereas Data Analysts typically earn between $70,000 and $90,000 annually. Cheers, I think doing a masters in a year is quite key for me, as I don't feel I have any skills, due to the 2 years missing. There is currently a perceived magic about the work data scientists do, and a shortage of people with the right qualifications. There is no standard quantitative analyst job description, and their day-to-day may vary depending on where they work. If you research biotechnology, biotechnologist, and data scientist through Indeed or Glassdoor, you may notice a trend: data scientists are in higher demand or employers are advertising data science positions for jobs formerly considered to be the realm of biotechnologists. Data Analyst vs Data Scientist Salary The income of a data analyst is generally lower than a data scientist. Skill sets between data science and quant finance do overlap, but there are also differences, like C++ & stochastic calculus for certain areas in quant finance. The average salary of a business intelligence manager with an MBA qualification is around $135,000 according to salary. Title: Data Analyst Tenure length: 1. The major difference in their jobs is what they do with the data. Working in quantitative finance, as a quant analyst, quant dev, quant researcher, or trader Working anywhere besides quant finance, as a data scientist. Oct 4, 2024 · 2. As organisations increasingly… Data scientists use technology to glean insights from large amounts of data they collect. Mar 1, 2025 · Answer: It is not linear progress that one will start as a Data Analyst and go up to become a Data Scientist but Data Scientist can perform the functions of a Data Analyst. This method of increasing your pay is a lot simpler and easier. Here’s the deal. Data Analyst Salaries. There's not a lot of competition and companies are hungry for all kinds of data analysis and science. Explore career paths within the data analysis, data management, and data science fields. Sep 4, 2020 · Still, despite the difference in names, in reality Quants and data scientists are mostly doing the same jobs, and have a similar set of required skills and qualifications. Dec 17, 2023 · An entry level data analyst salary is around $30,000 per year. My initial interest in switching to a data analyst/data science/data career sort of revolved around sports analytics. For example, market research analyst jobs are expected to grow by 13%. ), whereas data analysis can often be entered with a bachelor’s degree and specific Sep 14, 2023 · Data Analyst Salary: How much do data analysts make? The median data analyst salary in the US is $71,781 p. This reflects qualification level – many data scientists have advanced degrees – as well as the specialist, targeted expertise that data scientists offer. 4 days ago · While there is no minimum salary for a Data Scientist in United States, the average total compensation is $168,000. These positions demand advanced skills in data handling, machine learning, and AI technologies, offering lucrative salaries to professionals who possess specialized expertise. New Data Scientist jobs added daily. According to PayScale, here is the annual salary comparison between the Data Analysts and Data Scientists: Data Scientist Salary vs Data Analyst Salary: The average Analyst, Data Science salary in the United States is $123,778 as of May 01, 2025, but the salary range typically falls between $111,923 and $137,341. Quantitative Analytics vs. Consider your Desired Salary and Career Path; Data Scientist vs Data Analyst Requirements and Skills Data Analyst. The following are common differences between data science vs. data analyst. Quants definitely make more money, but not hundreds of thousands of dollars more, and it may be that data Jul 8, 2020 · Glassdoor lists the average salary of a quantitative analyst at $109,437 and that of a data scientist at $115,512. May 2, 2025 · An official website of the United States government Here is how you know The table below includes the average salaries for some of the most in-demand data analyst occupations, including: business data analyst salaries, clinical data analyst salaries, financial data analyst salaries, human resources analyst salaries, and pricing analyst salaries with their projected growth by 2020. These trends are for both the role of an individual contributor and a manager. Quantitative Analyst AVP (2) Quantitative Analyst AVP - Treasury (1) Quantitative Analyst VP (1) Quantitative Analytics (1) Quantitative Analytics Graduate 2025 - Prague (2) Quantitative Analytics Part Time Analyst 2025 Prague (2) Quantitative Developer (1) Quantitative Developer - Global Markets (1) R&D Research Analyst (1) Reference Data Java Dec 16, 2021 · A data analyst vs data scientist salary is often pretty similar. ), whereas data analysis can often be entered with a bachelor’s degree and specific certifications or bootcamps. A quantitative or data analyst studies large sets of data and identifies trends, develops data charges, and creates presentations visually to help companies make strategic decisions. Dec 6, 2023 · Yes, a data analyst can definitely transition to a role as a Quantitative Analyst (Quant). Global Operations. Apr 10, 2025 · The estimated total pay for a Data Scientist is $177,507 per year in the California area, with an average salary of $129,233 per year. org and edX are owned by 2U, LLC. Is data scientist a new role? We would like to show you a description here but the site won’t allow us. At the highest seniority level, an experienced Quantitative Analyst in US can make a salary range of $97,678 to $159,926 with at least 5 years of experience, based on 32 salary contributions. Data analysts have strong quantitative and Knowing the difference between Data Analyst vs Jan 19, 2023 · Quantitative Analysts and Data Scientists both deal with the data and use statistical tools to make informed decisions and resolve complex problems. The average salary range for a Data Analyst is $50,000-$220,000. Travel: No Apr 10, 2025 · A Quantitative Researcher in US can expect to see an entry level salary range of $65,848 to $179,292 per year, based on 12 salary contributions. Data Science Vs Business Analysis – Definition. Both roles require a strong foundation in Mathematics, statistics, and programming. in 2025 is approximately $126,554, with ranges extending from $100,000 for early-career roles to over $345,000 for experienced professionals in leadership positions or working at major tech firms. The most important skills for a data scientist are python, data science, and visualization. According to Indeed. The high end of the data analyst salary range can go up to $110k. How do the salaries of data analysts and data scientists compare in India? The salary difference between a data analyst and a data scientist varies significantly. They take a big question that a company wants to answer and then search the data to find a solution. A data scientist's salary #dataskills #datascience #dataanalyticsData skills are very important skills whether you are a medical doctor, an Economist or a civil servant. Should have clarified this is probably for a data scientist vs a Sr. At the highest seniority level, an experienced Data Scientist in Canada can make a salary range of $82,339 to $166,855 with at least 8 years of experience, based on 18,354 salary contributions. Usually, they don't sound that different from a data scientist role, except focused on time series. Learn about salaries, responsibilities, and how to start a successful data science career. I call them the data scientist and analyst, before the term was coined, it is essentially portfolio optimization and inefficiency finder. As of 2023, the average salary for a data scientist in the United States can range from $95,000 to over $150,000 annually, depending on experience and location. This section will give you a brief overview of the salaries in the Data Science and Software Engineering domains. 5 years Location: Arlington, VA (office location) Remote: Yes, fully remote position Salary: $113,000 Company/Industry: Public/Federal Subcontractor Education: Bachelor's Science Quantitative Finance Prior Experience: 2 years in Finance, 3. edX was developed in 2012 by Harvard and MIT to make the world’s best education available to everyone. Jan 10, 2025 · US-based salary ranges by title. Data Scientist Both roles involve analyzing large amounts of data to extract meaningful insights, but one of the biggest differences is that data scientists work in a variety of industries — including healthcare, education, technology, marketing and more — whereas quants are primarily employed in sectors focused on Sep 4, 2023 · Here are the key differences between a Data Scientist and a Data Analyst: Data Scientist and Data Analyst: Roles & Responsibilities. Data scientists must be able to convey the results of their analysis to technical and nontechnical audiences to make business recommendations. According to Glassdoor labor statistics, the average salary for data analyst is around $80,000 per year. T he field of financial analysis, which includes quantitative analysis, is projected to grow by at least 8% between 2022 and 2032. com . Average pay rates. Data Scientist: Quants have a deep focus on finance, while data scientists work across various industries. Their reports and presentations inform key decision-makers on new avenues of investment that could be profitable, how to price securities and 4 days ago · A Data Scientist in Canada can expect to see an entry level salary range of $84,408 to $178,588 per year, based on 28,995 salary contributions. Aug 31, 2023 · Financial data scientists work in a broad array of areas, from risk management and fraud detection to automated pricing and algorithmic trading. Dec 21, 2023 · While an entry-level analyst can earn an average salary of up to $104,000, most data analyst jobs see an average annual salary of around $83,000 paid to employees depending on the location. Jul 27, 2023 · Both data science and data analyst jobs remain open for five days longer than the average for all other jobs. Data Scientists have a high career growth potential, with opportunities to move into management roles or specialize in specific areas such as artificial intelligence or data engineering. D. The salary for a data scientist varies depending on the level of education, amount of experience, geographic location, specific industry and job market demand. Data Scientist: A data scientist employs artificial intelligence and machine learning techniques to analyze data, uncover patterns, and identify trends, enabling informed decision-making based on data insights. 5 lakhs) per year or $53. Aug 18, 2024 · Key differences between data analysts and data scientists; Salary, job outlook and other considerations; Tips for starting a career in either field; By the end of this guide examining data analysts vs. #1 is my very first option and what I would like to do and #2 is more so of a backup. A data analyst’s job description often includes the following responsibilities: Jul 15, 2023 · A mid-level data scientist commands an average salary of £69,000 compared to £39,000 for a mid-level analyst. This transition would require additional learning and skills development, but the foundational knowledge and experience gained as a data analyst can be a great starting point. As organizations collect more and more data, they need professionals who can help them derive value from it. Both jobs require a strong foundation in mathematics, statistics, and computer programming. Data Analyst Vs Data Scientist: Background and Education Required Apr 29, 2025 · The estimated total pay for a Data Scientist is ₹12,68,513 per year in the Mumbai area, with an average salary of ₹11,36,013 per year. to succeed. From a career growth point of view, both job profiles offer many opportunities. 2 Lakhs to ₹40. Nov 29, 2024 · Average Salary: Data from Glassdoor shows that the average salary for a quantitative analyst is $147,000. Data Administrator: A data analyst sifts through data to extract relevant information for business purposes. 58% more than the salary for a Data Scientist in Atlanta, GA. Data Analyst Apr 21, 2025 · The average salary for a Data Scientist is DKK 47,000 per month in Copenhagen, Capital Region. Quantitative developers, as mentioned above, follow software-engineering industry standards and average out 40-45 hour workweeks. It’s around the US $10,000 to $25,000 per annum for freshers. The estimated total pay for a Quantitative Analyst Data Scientist is $192,367 per year, with an average salary of $138,707 per year. Jun 5, 2024 · Quant vs. Or, you can skip to programs and view our list of Ohio’s data science degrees. They use scientific and mathematical methods to collect, record, store, and analyze data. United States Years in Field/Career: Data Analyst Data Scientist Software Developer Office Administrator Sep 18, 2024 · Financial Analyst vs. Apr 19, 2025 · The average salary for a Senior Quantitative Analyst is $143,509 per year in United States. Data Science is the ocean of data operations. Skip to main Jan 6, 2025 · Data Science vs. edX is the global online learning platform that fuels the world’s ambition. Preference: Math, Statistics, Operational research, computer science, (edge profile) Engineering Capital Quant A capital quant works on modelling the bank’s credit exposures and capital requirements. Nov 9, 2024 · Data analysis and data science are two of the fastest growing career fields today. A data scientist makes an average of $123,273 per year, according to Apr 10, 2025 · A Data Scientist in US can expect to see an entry level salary range of $84,408 to $178,588 per year, based on 28,995 salary contributions. Your degree will only get you the interview. How do we gai Apr 27, 2025 · The average salary for a Quantitative Analyst is $138,240 per year in United States. Explore the difference between Quantitative Analysts and Data Scientists in their roles, responsibilities, skills, salary, and career growth opportunities. Incredibly difficult I imagine. Jan 26, 2024 · The table below summarizes the salary trends for a data analyst and a data scientist by level. Latin America {{salary-guide-us-latam}} To read about the roles and average salary ranges in other fields, such as design or finance, and the cost-of-living information for five LatAm countries, return to our 2024 Salary Guide. Also known as a front office quantitative analyst, sell-side quantitative analyst, or quantitative pricing analyst Found in investment banks Requires an MSc, but PhDs are preferable Annual Total Compensation: $250,000+ Medium Stability Medium-Poor WLB High Stress High Prestige High competition and low demand Sep 30, 2024 · Their statistics reveal that in 2024, the average annual salary for data scientists in the US is approximately \$160,000, while machine learning engineers earn slightly more at \$166,000, agreeing with our research. Mar 14, 2024 · Additionally, a data scientist has an average salary of $106,104, which is higher than the $101,197 average annual salary of a quantitative analyst. ), but product analysts often have product intuition and domain knowledge that data scientists typically don't. Business Analyst: Career Demystified! 🚀 | Skills, Qualifications, Salaries, and More, Discover the secrets to these boom Jan 18, 2024 · Data Analyst Salary in India (2023) A data analyst analyzes and interprets complex data sets to provide insights, support decision-making, and identify trends for business improvement. The cost of living and the local demand for the work are among the factors affecting wages. Learn about salaries, benefits, salary satisfaction and where you could earn the most. A data scientist is a data analyst who applies advanced techniques, such as machine learning, artificial intelligence, or big data analytics, to solve complex and novel problems in risk management. However, there are certain specific skills, educational qualifications, and experiences that are typically required to become a quant data science typically means people who can do all that analysts can do I see what you're getting at, but phrased this way it's incorrect. According to U. This article will clarify exactly how these two […] A space for data science professionals to engage in discussions and debates on the subject of data science. The average salary range for an entry-level data engineer job is from $106,239 to $134,185 per year in the US. 0 Lakhs per year. These Whose salary is more data scientist or data analyst? Salary and Career Growth Data Analysts earn 6 LPA on average, while the mean salary of a Data Scientist is 10. They’re seeking to use it to outpace competitors, especially with the rise of AI and advanced analytics techniques. Data Analyst vs. News & World Report, data scientists make a median salary of $98,230. Apr 10, 2025 · The average salary for a Data Scientist in US is $117,212 per year based on 18,354 salary contributions, which is 0. a. Data analysts may utilize artificial intelligence methods and apply algorithms to solve complex Dec 16, 2023 · In an era dominated by data, the roles of data scientists and quantitative analysts (quants) have evolved into linchpins of decision-making across diverse industries. This ranges from £47,000 to £141,000 Mar 17, 2025 · Data Scientist Salary. Reporting, Analytics & Business Intelligence. American football: National Football League (NFL) Senior Data Scientist Salary The average National Football League (NFL) Senior Data Scientist earns an estimated $140,631 annually, which includes an estimated base salary of $119,294 with a $21,337 bonus. Conclusion. What is the data analyst’s salary abroad per month? The data analyst’s monthly salary abroad differs between countries based on demand and job specifications. Generally speaking, both 'data scientist' and 'quant' have very different meanings across different companies and industries. Is that really all the difference between the two? Is a quant researcher just a data scientist working with financial and time series data? If not, what exactly does a quant researcher do? Data Scientist jobs Data Analyst jobs Firstly, consider how much time and resources you are willing to invest in education and training. source: payscale. Apr 14, 2025 · The average salary for a Quantitative Analyst in South Africa is R513,010 in 2025. Find out which ones may be a match for your education and skills. Ohio’s three C’s — Cleveland, Columbus and Cincinnati — have opportunities for data scientists. Jan 23, 2024 · Then, while “data analyst” is not a job tracked by the Bureau, we can get a sense of future prospects by looking at jobs that require data analysis skills. In this Data Analyst vs Data Scientist tutorial, we explained the differences between a data analyst and a data scientist. Data Analyst: An Overview . So, when discussing data science vs data analytics, in terms of job growth, both are great ways to go. Compensation data sources we used include Actuarial Careers survey (), a survey of individual salaries plus bonuses organized by actuaries on Reddit (), and levels. Return to the 2024 Salary Guide: US vs. 41(₹ 3277) per hour. Apr 24, 2025 · The average salary for a Quantitative Analyst is R 591 052 per year in South Africa. From a survey carried out by Glassdoor, the average salary in the UK for a quantitative analyst is £81,000. In general, quantitative analysts apply scientific methods to finance and discover new ways of viewing and analyzing this type of data. Jan 15, 2025 · Differences between a data analyst vs. These jobs emphasize fact-finding and problem-solving by applying structured, objective methods of analysis. Data scientists in finance require a higher level of skills than your average data analyst: you’ll probably require a master’s or Ph. and Quantitative Analyst. Considering data mining specialists often work under data scientists, their salaries may fall somewhere between the low end and the median. Try Talent. Mar 9, 2020 · The reality is that no one is winning the quantitative analyst vs. The typical mid-career data scientist salary is $123,000 while the typical mid-career quantitative analyst makes about $139,000. May 1, 2025 · How much does a Data Scientist I make? As of May 01, 2025, the average annual salary for a Data Scientist I in the United States is $73,863. It's a role tailor-made for those who love solving puzzles, have a knack The average Data Scientist salary in USA is $124,693 (76. The key to finding a good data science job is knowing where to look without procrastinating. Data analyst requirements may vary, but an undergraduate degree in STEM (science, technology, engineering, or math) is typically a must. Google offers job positions for data analysts. Comparing Data Scientist vs. 55% more than the salary for a Data Scientist in New York City, NY. The BLS doesn’t track salary data for data mining specialists, but they report the salary range for data scientists as $59,430 to $167,040 with a median wage of $100,910. It is an umbrella term that incorporates all the domains that Apr 8, 2024 · Data Sсientist vs Data Analyst vs Data Engineer: Rоles And Respоnsibilities. 16 and for the USA, it is USD 5,612. Where data analysts work can May 3, 2025 · The salary of a Quantitative Analyst in India varies based on experience, location, company & Industry. According to Glassdoor, data analyst’s salaries at Google can range from ₹1,00,010 – ₹36,00,000 per year. We compared the trends of total compensation (base salary plus bonus) among actuaries, data scientists and its related careers in Figure 2. Data scientists often command higher salaries due to the advanced skills and responsibilities associated with their role. . To explore a career in data analytics or data science, it is essential to understand the career opportunities and paths available MastersInDataScience. Salary Comparison: Data Analyst vs Data Scientist The salary ranges for data analysts and data scientists reflect the differing levels of expertise and responsibilities required in each role. The BLS reported a median salary of $83,640 for data analysts in 2023. com, the average annual salary for a data analyst working in the United States is $73,118, with a Knowledge needed to succeed in data science include a strong foundation in data analysis, statistical modeling and machine learning, database management, and programming. Companies are no longer just collecting data. Resources To Find Data Science Jobs. data scientist wars when it comes to salary. Leverage your professional network, and get hired. When looking at the typical data science vs actuary salary, you'll find that many actuaries appear to earn higher salaries than their data analyst counterparts. They need to understand what drives business performance and how the business can make better decisions. com in its “50 Best Jobs in America for 2021” report finds an even more drastic difference in salaries between the roles with the data scientist median base salary at $113,736 and data analysts at $70,000. CFO), whereas Data Science would peak at something like a chief of insights/analytics for a company. 5 LPA in India. But when it comes to their job roles, there is a line of difference between them. Nov 21, 2023 · A data analyst earns an average salary of $65,630 per year. The most likely salary range is between $57k and $90. Jan 8, 2025 · Additionally, a data scientist has an average salary of $106,104, which is higher than the $85,376 average annual salary of a credit risk analyst. Feb 28, 2023 · A bachelor’s degree in a quantitative field is considered essential in statistics, mathematics or computer science to become a Data Analyst or Data Scientist. For example, the average monthly salary for a data analyst in Switzerland is CHF 7,196. Mar 6, 2025 · Average Salary of a Data Scientist. United States: Data scientists tend to have higher average salaries, starting around $85,000 and going up to $120,000 or more. United States: The average salary for a data scientist in the U. In India, the amount is much less. 5 years in Automotive, both similar positions in scope. Dec 6, 2023 · Yes, it is possible for a data scientist to transition into a quantitative analyst role, often referred to as a "quant". 1. If you are a student or young professional who is great with numbers, analytical, and an expert problem-solver, consider a career as either a You’re a problem solver, data expert, analyst, and communicator, who can create new algorithms from scratch. Quantitative Analysts and Data Scientists are highly analytical professionals who work with data, but they focus on different industries and have distinct responsibilities. Data Science. On the trading desk, we manage risk intraday and exercise some level of discretion in semi-systematic books, s Oct 15, 2023 · Data Scientists - **Entry Level**: Data Analyst, Salary In general, While Data Scientists and Quantitative Analysts operate in different spheres and have distinct skill sets and career OpenQuant is the #1 Quant Job Board featuring Quantitative Research, Quantitative Trading, Quantitative Developer, Data Scientist, and Machine Learning Engineer jobs. For example, at Meta, Data Scientists are essentially SQL/dashboard/analytics folks while at Google Data Scientists are typically stats and ML modelers. While data analysts earn attractive pay for handling and interpreting data, data scientists typically receive higher compensation due to their advanced 3 days ago · Some of the highest-paying data science jobs in India include roles such as Data Architect (INR 28L), Quantitative Analyst (INR 19L), and Data Mining Engineer (INR 14L). Salary will be higher on the Data Science side for sure, especially starting out. Depends on where you are (e. It's a role tailor-made for those who love solving puzzles, have a knack Personally for trading I prefer data science students over statistics. Jul 3, 2024 · According to Glassdoor, a data scientist’s salary in Johannesburg, South Africa, ranges between ZAR4L and ZAR7L per annum, while Pay scale notes an average of ZAR3L and ZAR3. While data scientists earn nearly $89,000 a year, data analysts earn only $60,000 on average. Jan 8, 2025 · A comprehensive comparison of Quantitative Analysts vs. Data science often requires more advanced study (including potentially a master's or Ph. According to Jobted UK, the average salary for an actuary in the UK is £51,500 and can range from £35,940 to £174,300 based on the level of experience and qualifications the individual has. Nov 22, 2022 · A quantitative analyst or quant is a professional who uses their quantitative aptitude and mathematical skills to calculate and help organizations make wise financial decisions. You have an advanced degree in a quantitative field, such as computer science, engineering, physics, statistics or applied mathematics, and have: familiarity with statistical and data-mining techniques Data Scientist vs Business Analyst. These levels also give a high-level overview of how the career paths of a data analyst and a data scientist can evolve. The skills of applied mathematics majors will have a strong foundation in mathematical theory, proof-writing, and modeling. Keep reading for a look at research initiatives, scholarships, professional communities and job prospects for data scientists in the Buckeye State. But data scientists do have an advantage. Where is a Data Scientist paid the most? A Data Scientist is paid the most in San Francisco Bay Area with an average total compensation of $226,401. I've seen quant research jobs for a lot of finance companies. data scientists, you will understand the distinct day-to-day work, skillsets, qualifications and trajectories of these two critical data Apr 29, 2025 · Sr Data Analyst - Sanctions Screening Center of Excellence. Data science and analytics vary in several ways, even though both roles manage large amounts of data. Data Scientists. financial analyst is different from a BI analyst, etc. How to Transition from Data Analyst to Quant What is the salary difference between a data scientist and a data analyst? According to the BLS, data scientists earned a median salary of $108,020 in 2023. But there's so few jobs, where they pay you so little, and who knows if you even have a voice in these organizations. May 1, 2025 · Data analysts can earn an average salary of $75,765 per year, while quantitative analysts can earn an average salary of $113,816 per year. My guess is that it is easier to start in quant finance and pivot into data science than the other way around. Here is a detailed соmparisоn оf rоles and responsibilities: Data Sсientist. Rule of thumb is higher risk / higher reward based on how close you are to alpha generation and monetization. 41. Career Prospects: Strong, as quantitative analysts are in high demand in the finance industry. jys vvle qfqza iftdel mcpw ijl wcjgftx gqsjhu yor hminaxg qfxuu kqj ydtlti unuxfxe qsdcsy