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The differences between directors of quantitative research and research directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a director of quantitative research, becoming a research director takes usually requires 4-6 years. Additionally, a director of quantitative research has an average salary of $143,785, which is higher than the $108,875 average annual salary of a research director.
The top three skills for a director of quantitative research include python, machine learning and quantitative research. The most important skills for a research director are research projects, data collection, and healthcare.
| Director Of Quantitative Research | Research Director | |
| Yearly salary | $143,785 | $108,875 |
| Hourly rate | $69.13 | $52.34 |
| Growth rate | 9% | 19% |
| Number of jobs | 51,503 | 51,298 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 63% |
| Average age | 40 | 37 |
| Years of experience | 4 | 6 |
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.
Research Directors oversee the research initiatives of the company. They are usually deployed in the academe, research facilities, or companies with research and development departments. They set research goals aligned with the company's vision. They also ensure that all research activities are significant and would have an impact. They usually aim to complete research work that would contribute to the advancement of their field. Research Directors provide strategic direction on how to complete their research goals. They guide their team of researchers to work more efficiently and more productively. They also lead the team in networking activities.
Directors of quantitative research and research directors have different pay scales, as shown below.
| Director Of Quantitative Research | Research Director | |
| Average salary | $143,785 | $108,875 |
| Salary range | Between $101,000 And $203,000 | Between $68,000 And $171,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Hampshire | Washington |
| Best paying company | The Citadel | Meta |
| Best paying industry | Education | Technology |
There are a few differences between a director of quantitative research and a research director in terms of educational background:
| Director Of Quantitative Research | Research Director | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 63% |
| Most common major | Finance | Business |
| Most common college | University of Notre Dame | University of Georgia |
Here are the differences between directors of quantitative research' and research directors' demographics:
| Director Of Quantitative Research | Research Director | |
| Average age | 40 | 37 |
| Gender ratio | Male, 71.1% Female, 28.9% | Male, 59.0% Female, 41.0% |
| 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, 5.0% Unknown, 5.0% Hispanic or Latino, 12.0% Asian, 12.5% White, 65.3% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 10% |