Financial Quantitative Analysts

AUTOMATION RISK
CALCULATED
56%
risk level
POLLING
48%
Based on 79 votes
LABOR DEMAND *
GROWTH
5.8%
by year 2032
WAGES
$78,310
or $37.65 per hour
Volume
122,730
as of 2023

Employment data isn't available specifically for this occupation from the Bureau of Labor Statistics, so we are using the data from Financial Specialists, All Other.

SUMMARY
JOB SCORE
5.1/10

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Automation risk

56% (Moderate Risk)

Moderate Risk (41-60%): Occupations with a moderate risk of automation usually involve routine tasks but still require some human judgment and interaction.

More information on what this score is, and how it is calculated is available here.

Some quite important qualities of the job are difficult to automate:

  • Persuasion

  • Originality

  • Social Perceptiveness

User poll

48% chance of full automation within the next two decades

Our visitors have voted they are unsure if this occupation will be automated. This assessment is further supported by the calculated automation risk level, which estimates 56% chance of automation.

What do you think the risk of automation is?

What is the likelihood that Financial Quantitative Analysts will be replaced by robots or artificial intelligence within the next 20 years?






Sentiment

The following graph(s) are included wherever there is a substantial amount of votes to render meaningful data. These visual representations display user poll results over time, providing a significant indication of sentiment trends.

Sentiment over time (yearly)

Growth

Moderate growth relative to other professions

The number of 'Financial Specialists, All Other' job openings is expected to rise 5.8% by 2032

Total employment, and estimated job openings

* Data from the Bureau of Labor Statistics for the period between 2021 and 2031
Updated projections are due 09-2023.

Wages

High paid relative to other professions

In 2023, the median annual wage for 'Financial Specialists, All Other' was $78,310, or $37 per hour

'Financial Specialists, All Other' were paid 62.9% higher than the national median wage, which stood at $48,060

Wages over time

* Data from the Bureau of Labor Statistics

Volume

Greater range of job opportunities compared to other professions

As of 2023 there were 122,730 people employed as 'Financial Specialists, All Other' within the United States.

This represents around 0.08% of the employed workforce across the country

Put another way, around 1 in 1 thousand people are employed as 'Financial Specialists, All Other'.

Job description

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.

SOC Code: 13-2099.01

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