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Director of quantitative research vs finance analyst

The differences between directors of quantitative research and finance 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 a finance analyst. Additionally, a director of quantitative research has an average salary of $143,785, which is higher than the $69,887 average annual salary of a finance analyst.

The top three skills for a director of quantitative research include python, machine learning and quantitative research. The most important skills for a finance analyst are financial analysis, financial models, and financial data.

Director of quantitative research vs finance analyst overview

Director Of Quantitative ResearchFinance Analyst
Yearly salary$143,785$69,887
Hourly rate$69.13$33.60
Growth rate9%9%
Number of jobs51,503138,600
Job satisfaction--
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does a director of quantitative research do?

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.

What does a finance analyst do?

A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.

Director of quantitative research vs finance analyst salary

Directors of quantitative research and finance analysts have different pay scales, as shown below.

Director Of Quantitative ResearchFinance Analyst
Average salary$143,785$69,887
Salary rangeBetween $101,000 And $203,000Between $46,000 And $104,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateNew HampshireConnecticut
Best paying companyThe CitadelThe Citadel
Best paying industryEducationFinance

Differences between director of quantitative research and finance analyst education

There are a few differences between a director of quantitative research and a finance analyst in terms of educational background:

Director Of Quantitative ResearchFinance Analyst
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 76%
Most common majorFinanceBusiness
Most common collegeUniversity of Notre DameUniversity of Pennsylvania

Director of quantitative research vs finance analyst demographics

Here are the differences between directors of quantitative research' and finance analysts' demographics:

Director Of Quantitative ResearchFinance Analyst
Average age4040
Gender ratioMale, 71.1% Female, 28.9%Male, 56.2% Female, 43.8%
Race ratioBlack 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 Percentage7%7%

Differences between director of quantitative research and finance analyst duties and responsibilities

Director of quantitative research example responsibilities.

  • Lead customer and competitor research, functional acquisition due diligence, and portfolio management of existing products/services and new investments.
  • Conduct quantitative analysis of financial data to forecast revenue, identify future trends and assess risk associate with portfolio.
  • Collaborate with IRB on adopting 'paperless' IRB system software.
  • Perform analyses of postsecondary access and outcomes.

Finance analyst example responsibilities.

  • Manage company asset accounts, wire funds to clients and record and structure amounts into QuickBooks.
  • Manage the UAT team involve in the testing of an enterprise accounting and project management software.
  • Manage customer portfolio to department KPI's, target balance, aging metrics, cash recovery and write-off tolerance.
  • Manage contract database and SalesForce for historical research and financial reporting purposes.
  • Manage and maintain information in worldwide-military database which include exemptions, transfers, retirements, and payroll records.
  • Accomplish project accounting functions including project costing, time reporting, project accruals and proper capitalization of development costs.
  • Show more

Director of quantitative research vs finance analyst skills

Common director of quantitative research skills
  • Python, 18%
  • Machine Learning, 9%
  • Quantitative Research, 8%
  • Data Analysis, 6%
  • MATLAB, 5%
  • Data Collection, 5%
Common finance analyst skills
  • Financial Analysis, 9%
  • Financial Models, 5%
  • Financial Data, 5%
  • Strong Analytical, 4%
  • Variance Analysis, 4%
  • Hyperion, 3%

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