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The differences between quantitative analysts and corporate 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 quantitative analyst and a corporate finance analyst. Additionally, a quantitative analyst has an average salary of $101,197, which is higher than the $76,023 average annual salary of a corporate finance analyst.
The top three skills for a quantitative analyst include python, SAS and risk management. The most important skills for a corporate finance analyst are financial analysis, strong analytical, and financial models.
| Quantitative Analyst | Corporate Finance Analyst | |
| Yearly salary | $101,197 | $76,023 |
| Hourly rate | $48.65 | $36.55 |
| Growth rate | 9% | 9% |
| Number of jobs | 48,644 | 114,375 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 76% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A quantitative analyst is trained to gather quantitative methods to help companies do business and make other related decisions. In the world of trading, quantitative analysts are in demand. It is their job as quantitative analysts to help banks value their securities. They identify cost-effective investment opportunities and measure risk. They can also work for the insurance companies to develop pricing models and assess risk evaluation strategies. Also, some quantitative analysts work on the back end to enhance computer software and to evaluate financial data.
Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.
Quantitative analysts and corporate finance analysts have different pay scales, as shown below.
| Quantitative Analyst | Corporate Finance Analyst | |
| Average salary | $101,197 | $76,023 |
| Salary range | Between $68,000 And $148,000 | Between $52,000 And $109,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Michigan |
| Best paying company | The Citadel | |
| Best paying industry | Technology | Finance |
There are a few differences between a quantitative analyst and a corporate finance analyst in terms of educational background:
| Quantitative Analyst | Corporate Finance Analyst | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 76% |
| Most common major | Finance | Business |
| Most common college | University of Notre Dame | University of Pennsylvania |
Here are the differences between quantitative analysts' and corporate finance analysts' demographics:
| Quantitative Analyst | Corporate Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 79.5% Female, 20.5% | Male, 63.5% Female, 36.5% |
| 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% |