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Quantitative analyst vs revenue analyst

The differences between quantitative analysts and revenue 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 revenue analyst. Additionally, a quantitative analyst has an average salary of $101,197, which is higher than the $66,985 average annual salary of a revenue analyst.

The top three skills for a quantitative analyst include python, SAS and risk management. The most important skills for a revenue analyst are revenue cycle, customer service, and patients.

Quantitative analyst vs revenue analyst overview

Quantitative AnalystRevenue Analyst
Yearly salary$101,197$66,985
Hourly rate$48.65$32.20
Growth rate9%9%
Number of jobs48,64465,034
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 69%
Average age4040
Years of experience44

What does a quantitative analyst do?

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.

What does a revenue analyst do?

A revenue analyst is primarily in charge of analyzing a company's revenues and expenditures to help them make better business decisions. Their responsibilities revolve around tracking the company finances, gathering and recording data, producing progress reports, and identifying opportunities to boost sales and profits. There are also instances when a revenue analyst must devise plans to cut costs, recommend budgets, build models, develop revenue forecasts, and comply with the laws and regulations. Furthermore, it is also essential to implement the company's policies and guidelines to the team and every task involved.

Quantitative analyst vs revenue analyst salary

Quantitative analysts and revenue analysts have different pay scales, as shown below.

Quantitative AnalystRevenue Analyst
Average salary$101,197$66,985
Salary rangeBetween $68,000 And $148,000Between $48,000 And $91,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyThe CitadelGoogle
Best paying industryTechnologyTechnology

Differences between quantitative analyst and revenue analyst education

There are a few differences between a quantitative analyst and a revenue analyst in terms of educational background:

Quantitative AnalystRevenue Analyst
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 69%
Most common majorFinanceBusiness
Most common collegeUniversity of Notre DameUniversity of Pennsylvania

Quantitative analyst vs revenue analyst demographics

Here are the differences between quantitative analysts' and revenue analysts' demographics:

Quantitative AnalystRevenue Analyst
Average age4040
Gender ratioMale, 79.5% Female, 20.5%Male, 42.3% Female, 57.7%
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 quantitative analyst and revenue analyst duties and responsibilities

Quantitative analyst example responsibilities.

  • Manage and update early engagement processes daily through SharePoint.
  • Develop C++ codes and unix shell scripts in linux environment.
  • Perform extensive data and statistical analysis using advance packages like SAS to provide business solutions.
  • Develop predictive models using logistic regression and CHAID to target existing and prospective customers for catalog mailing events and online campaigns.
  • Create the next generation distribute C++ mortgage analytics library with Intex.
  • Present the visualization of results with Google motion charts and maps to UNDP representatives
  • Show more

Revenue analyst example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Perform monthly revenue variance analysis and account reconciliations to ensure royalty payments and financial transactions are recorded accurately and timely.
  • Prepare monthly closing journal entries in both OneGlobe and Hyperion accounting systems.
  • Assist in directing accounting clerical staff in accounts payable, payroll processing, invoicing, and accuracy of journal entries post.
  • Execute month-end/quarterly/year-end procedures in accordance with GAAP.
  • Prepare yearly audit documents following SOX regulations.
  • Show more

Quantitative analyst vs revenue analyst skills

Common quantitative analyst skills
  • Python, 13%
  • SAS, 8%
  • Risk Management, 7%
  • Model Development, 5%
  • Statistical Models, 5%
  • C++, 4%
Common revenue analyst skills
  • Revenue Cycle, 12%
  • Customer Service, 6%
  • Patients, 6%
  • Strong Analytical, 5%
  • Process Improvement, 4%
  • SQL, 4%

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