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The differences between directors of quantitative research and senior research analysts 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 senior research analyst takes usually requires 4-6 years. Additionally, a director of quantitative research has an average salary of $143,785, which is higher than the $75,056 average annual salary of a senior research analyst.
The top three skills for a director of quantitative research include python, machine learning and quantitative research. The most important skills for a senior research analyst are analytics, data analysis, and data collection.
| Director Of Quantitative Research | Senior Research Analyst | |
| Yearly salary | $143,785 | $75,056 |
| Hourly rate | $69.13 | $36.08 |
| Growth rate | 9% | 19% |
| Number of jobs | 51,503 | 71,891 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 68% |
| 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.
The duties of a senior research analyst depend on one's line of work or industry of employment. Typically, their responsibilities revolve around coordinating with different departments to gather necessary data, performing research and analysis to identify consumer and market needs, finding new business opportunities, and devising strategies to optimize workflow and workforce processes. Furthermore, as a senior research analyst, it is essential to lead and encourage the team members and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.
Directors of quantitative research and senior research analysts have different pay scales, as shown below.
| Director Of Quantitative Research | Senior Research Analyst | |
| Average salary | $143,785 | $75,056 |
| Salary range | Between $101,000 And $203,000 | Between $57,000 And $98,000 |
| Highest paying City | Washington, DC | Olympia, WA |
| Highest paying state | New Hampshire | Washington |
| Best paying company | The Citadel | JPMorgan Chase & Co. |
| Best paying industry | Education | Finance |
There are a few differences between a director of quantitative research and a senior research analyst in terms of educational background:
| Director Of Quantitative Research | Senior Research Analyst | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 68% |
| 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 senior research analysts' demographics:
| Director Of Quantitative Research | Senior Research Analyst | |
| Average age | 40 | 37 |
| Gender ratio | Male, 71.1% Female, 28.9% | Male, 54.1% Female, 45.9% |
| 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, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 65.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 10% |