Financial Quantitative Analysts

Moderate Risk
59%
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AUTOMATION RISK
CALCULATED
70%
(High Risk)
POLLING
48%
(Moderate Risk)
Average: 59%
LABOR DEMAND *
GROWTH
6.2%
by year 2033
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
5.3/10

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Calculated automation risk

70% (High Risk)

High Risk (61-80%): Jobs in this category face a significant threat from automation, as many of their tasks can be easily automated using current or near-future technologies.

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:

  • Originality

  • Persuasion

  • 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. However, the automation risk level we have generated suggests a much higher chance of automation: 70% 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 is 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

Fast growth relative to other professions

The number of 'Financial Specialists, All Other' job openings is expected to rise 6.2% by 2033

* Data from the Bureau of Labor Statistics for the period between 2021 and 2031
Updated projections are due 09-2024.

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

* 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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