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The differences between directors of quantitative research and associate analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a director of quantitative research and an associate analyst. Additionally, a director of quantitative research has an average salary of $143,785, which is higher than the $68,161 average annual salary of an associate analyst.
The top three skills for a director of quantitative research include python, machine learning and quantitative research. The most important skills for an associate analyst are customer service, powerpoint, and data analysis.
| Director Of Quantitative Research | Associate Analyst | |
| Yearly salary | $143,785 | $68,161 |
| Hourly rate | $69.13 | $32.77 |
| Growth rate | 9% | 9% |
| Number of jobs | 51,503 | 97,311 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 72% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A director of quantitative research is a management professional who is responsible for managing a group of experts who are involved in quantitative research. This director must develop data analysis strategies to assess projects while providing reports to their senior management to monitor the effectiveness of their current development activities. The director must conduct a quantitative analysis of the organization's financial data to track and monitor the performance of their operations. This director must also coordinate collaborative data collection efforts across the organization.
An associate analyst is an individual who is responsible for the research and investigation for a specific business process and department to help the senior staff make further decisions. Associate analysts must use their analytical skills to understand how the collected data can affect business decisions, then prepare reports that detail findings and recommend solutions. They must assist in developing new business models that can generate profits while reducing costs. Associate analysts can work in various industries ranging from finance and operations to information technology (IT) and marketing.
Directors of quantitative research and associate analysts have different pay scales, as shown below.
| Director Of Quantitative Research | Associate Analyst | |
| Average salary | $143,785 | $68,161 |
| Salary range | Between $101,000 And $203,000 | Between $47,000 And $98,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Hampshire | New York |
| Best paying company | The Citadel | Apollo Global Management |
| Best paying industry | Education | Finance |
There are a few differences between a director of quantitative research and an associate analyst in terms of educational background:
| Director Of Quantitative Research | Associate Analyst | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 72% |
| Most common major | Finance | Business |
| Most common college | University of Notre Dame | University of Pennsylvania |
Here are the differences between directors of quantitative research' and associate analysts' demographics:
| Director Of Quantitative Research | Associate Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 71.1% Female, 28.9% | Male, 52.3% Female, 47.7% |
| Race ratio | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |