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Director of quantitative research vs senior finance consultant

The differences between directors of quantitative research and senior finance consultants 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 senior finance consultant. Additionally, a director of quantitative research has an average salary of $143,785, which is higher than the $97,689 average annual salary of a senior finance consultant.

The top three skills for a director of quantitative research include python, machine learning and quantitative research. The most important skills for a senior finance consultant are financial analysis, project management, and financial services.

Director of quantitative research vs senior finance consultant overview

Director Of Quantitative ResearchSenior Finance Consultant
Yearly salary$143,785$97,689
Hourly rate$69.13$46.97
Growth rate9%9%
Number of jobs51,503112,032
Job satisfaction--
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 71%
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 senior finance consultant do?

A senior finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.

Director of quantitative research vs senior finance consultant salary

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

Director Of Quantitative ResearchSenior Finance Consultant
Average salary$143,785$97,689
Salary rangeBetween $101,000 And $203,000Between $68,000 And $138,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateNew HampshireCalifornia
Best paying companyThe CitadelDell
Best paying industryEducationTechnology

Differences between director of quantitative research and senior finance consultant education

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

Director Of Quantitative ResearchSenior Finance Consultant
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 71%
Most common majorFinanceBusiness
Most common collegeUniversity of Notre DameUniversity of Pennsylvania

Director of quantitative research vs senior finance consultant demographics

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

Director Of Quantitative ResearchSenior Finance Consultant
Average age4040
Gender ratioMale, 71.1% Female, 28.9%Male, 68.2% Female, 31.8%
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 senior finance consultant 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.

Senior finance consultant example responsibilities.

  • Manage contractor responsible for building a customize Hyperion Essbase cube.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Review A/P & A/R aging with CFO weekly
  • Train employees on using the state PeopleSoft system for travel expense reimbursement.
  • Perform account adjustments, heavy reconciliation, as well as monthly closing of A/P, A/R and GL
  • Participate in cash management decisions and treasury functions.
  • Show more

Director of quantitative research vs senior finance consultant skills

Common director of quantitative research skills
  • Python, 18%
  • Machine Learning, 9%
  • Quantitative Research, 8%
  • Data Analysis, 6%
  • MATLAB, 5%
  • Data Collection, 5%
Common senior finance consultant skills
  • Financial Analysis, 7%
  • Project Management, 6%
  • Financial Services, 5%
  • Strong Analytical, 4%
  • Shared Services, 4%
  • Risk Management, 3%

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