Quant vs data scientist salary Again, this is the top end companies, not the The major difference between a quantitative analyst and a data scientist is the amount of coding involved. Data Scientists. data science typically means people who can do all that analysts can do I see what you're getting at, but phrased this way it's incorrect. Jul 3, 2024 · According to Glassdoor, a data scientist’s salary in Johannesburg, South Africa, ranges between ZAR4L and ZAR7L per annum, while Pay scale notes an average of ZAR3L and ZAR3. Data Scientist vs Machine Learning Engineer: Career Path Apr 9, 2025 · Some of the highest-paying data science jobs in India include roles such as Data Architect (INR 28L), Quantitative Analyst (INR 19L), and Data Mining Engineer (INR 14L). According to PayScale, here is the annual salary comparison between the Data Analysts and Data Scientists: Data Scientist Salary vs Data Analyst Salary: The median Quantitative Researcher salary is $200,000. 4 lakhs. #1 is my very first option and what I would like to do and #2 is more so of a backup. Salary is way less than data scientists, I get 147k with 5 years experience and an MS Jun 8, 2019 · quant vs data scientist . fyi which was used to track total compensations for data scientists, software engineers, and May 15, 2023 · 2) Data Scientist for StitchFix (Fashion E-Commerce Data Scientist) As a data scientist for StitchFix, you’ll help revolutionize the world of fashion e-commerce. Key Responsibilities: Leading the development and optimization of machine learning I am quite old (23), but would like to become a data scientist or a quant . How do we gai Data scientist vs Data analyst – which role are you choosing? Data Scientist jobs Data Analyst jobs Firstly, consider how much time and resources you are willing to invest in education and training. You can be a middling actuary and make 150-200k when you are an FSA. Putting the brand names aside, I want to know which field has a better long-term situation, I have heard people talking about DS going downward as AI blooms and Quant has higher salaries (maybe these infos are not accurate). From a survey carried out by Glassdoor, the average salary in the UK for a quantitative analyst is £81,000. 5k and £117k respectively. Data Scientist Both roles involve analyzing large amounts of data to extract meaningful insights, but one of the biggest differences is that data scientists work in a variety of industries — including healthcare, education, technology, marketing and more — whereas quants are primarily employed in sectors focused on Nov 6, 2019 · eh, quant can be kind of the same way depending on where you end up. as for OP’s question it depends on the relative brand name of the two programs. 5 Socks 26K for 2 years YOE 7. The average salary range for Quantitative Analyst vs. Entry-level Data Scientists will be paid anywhere from ₹8 to ₹23 lakhs per annum. Visit PayScale to research quantitative analyst salaries by city, experience, skill, employer and more. The explicit barriers to entry are highest for actuaries because of the exams but I think quant research and data science attract better students. But now I’m emoving to NYC thus fintech/hf/ib seems another option. Both DS and DA will usually be less hours than finance. Nov 16, 2024 · Position: Data Scientist II (Level 62) • Location: Noida • Base Salary: ₹40 LPA • Signing Bonus: ₹8L (₹5L in Year 1, ₹3L in Year 2) • RSUs: $80K worth of Microsoft stock, vested over 4 years • Performance Bonus: Up to 20% of base salary Current TC- Base 33. Fortunately, right now my employer is willing to pay up to $17k of the costs of a Master's program, but it has to be a program that is related to my role. I do think getting a salary competitive with a fellow as a middling data scientist will be difficult. Job Outlook. g. Quantitative analysts earn an average salary of $113,816 per year, while data scientists earn an average salary of $118,822 per year. This ranges from £47,000 to £141,000 depending on the company and level of experience. Whereas the salary ranges between 3. in DS, CS, Analytics, etc. ), but product analysts often have product intuition and domain knowledge that data scientists typically don't. Salary Comparison: Data Analyst vs Data Scientist The salary ranges for data analysts and data scientists reflect the differing levels of expertise and responsibilities required in each role. I am a bit of confused whether I should pursue Data Scientist or Quantitative Analyst as my future career plan. Career Trajectory Oct 14, 2023 · Salary In general, both roles offer competitive salaries, Data Scientists and Quantitative Analysts are distinct yet overlapping career paths. In general, quantitative analysts apply scientific methods to finance and discover new ways of viewing and analyzing this type of data. E. Yeah this is really crucial difference. But I clearly know it’s way more rewarding but challenging for CS background to be quant in finance industry. but yes Apr 8, 2024 · As of May 2022, the BLS cited median salaries of $103,500 per year for data scientists. in a quantitative subject, such as mathematics, economics, finance, or statistics. Data Science is probably less time consuming, but a harder career path. The program cards/tables featured on this page were last updated in March 2020. I want to break into quant trading and I am currently in my second year of school trying to pick a major. The data science team at my firm (quant hedge fund) focuses on data platforms, data engineering, sourcing data, and processing data, all in collaboration with the quant research teams who use the data to actually do their research and come up with or refine strategies. Data scientists in 2016 were found to have a salary Jan 19, 2023 · As per Ambitionbox, people working as Quantitative Analysts draw an average salary of ₹ 2. I went through r/csmajors and saw that many of those guys send out 200+ resumes without hearing a response back. Data Scientist Salary: Data Scientists are highly paid because of their unique skills. Jan 8, 2025 · A comprehensive comparison of Quantitative Analysts vs. Dec 6, 2023 · Compensation: Quants often earn higher salaries compared to data scientists, especially in hedge funds and investment banks. While data analysts earn attractive pay for handling and interpreting data, data scientists typically receive higher compensation due to their advanced Apr 20, 2025 · Quant firms often look for candidates who have a master's degree or a Ph. Companies are no longer just collecting data. Oct 5, 2022 · Salary. quant vs data scientist . Learn about salaries, responsibilities, and how to start a successful data science career. Career path: Quant vs Data scientist. Data Scientists earn an average salary range of $85,000-$200,000. quants get paid quite a bit more on the top end, both in salary and bonuses. Salary: The average salary for a Data Scientist in India is around 14. Quant Researcher/Trader: $400k - $5M Quant PM: $1M - $20M. Oct 6, 2022 · Data analysts can earn an average salary of $75,765 per year, while quantitative analysts can earn an average salary of $113,816 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Quantitative Researcher. Using machine learning and human expertise, you’ll generate innovative recommendations and insights that will change the way customers discover and purchase clothes online. I feel like for quant research, you need much more math than typical data scientist to be successful though. These positions demand advanced skills in data handling, machine learning, and AI technologies, offering lucrative salaries to professionals who possess specialized expertise. #QUANTS #datascience#machinelearning #SALARY #CAREER #datascienceinterview I explain what Quants (on average) make more money than data scientists. Skill sets between data science and quant finance do overlap, but there are also differences, like C++ & stochastic calculus for certain areas in quant finance. Quantitative analysts and data scientists both work with data, but they have different roles. About 20,800 openings for data scientists are projected each year, on average, over the decade. Is that really all the difference between the two? Is a quant researcher just a data scientist working with financial and time series data? If not, what exactly does a quant researcher do? Dec 23, 2024 · Strong problem-solving skills are also essential for a Data Scientist in order to obtain meaningful insights from data. quant is a lot more specialized so u can get pigeonholed and if ur specialization is no longer a hot sub field, then ur kind of SOL. However, starting about 4-6 years out, the salaries and opportunities change. Both jobs require a strong foundation in mathematics, statistics, and computer programming. Aug 17, 2023 · A 'Quant Scientist' is a specialized role at the convergence of Math & Statistics, Python programming, and Market Intuition, boasting an earnings potential of up to $259,384 — double that of a Quant Analyst. For course Apr 14, 2025 · The average salary for a Quantitative Analyst in South Africa is R513,010 in 2025. Data scientists working in scientific research and development, business management, and computer systems design earn the highest average wages. These insights underscore the diverse opportunities available within the field I've seen quant research jobs for a lot of finance companies. The top 10% of data scientist earners made more than $174,790 per year. Usually, they don't sound that different from a data scientist role, except focused on time series. Data Scientist Salary. I’m passionate about ML/stat/math, thus I’m always searching for chance to be data scientist or MLE in tech industry. The 2024 CQF Careers Guide to Quantitative Finance provides an in-depth look at salaries and compensation across six career paths: risk management, portfolio management, technology, quant trading, quant strategies and research, and data science and machine learning. 3. 2022 salary data was gathered from May 2021 through April 2022. In my experience (2 actuarial internships + 3 passed exams and ~2 yrs work experience as a data scientist), actuaries are doing very specific math, while data scientists are more likely to use generalized tools. Quants definitely make more money, but not hundreds of thousands of dollars more, and it may be that data Jul 8, 2020 · Glassdoor lists the average salary of a quantitative analyst at $109,437 and that of a data scientist at $115,512. In the United States, the average salary for a data scientist is $145,037 per year. Here is a bit about the companies: Company A: Role: Data scientist $10,000 signing bonus (repaid if leaving the company after 2 years) Feb 13, 2023 · Related: What Does a Principal Data Scientist Do? Quantitative Analyst vs. Jun 14, 2022 · For the study, Burtch Works interviewed 1,841 data professionals (1,265 data scientists and 576 AI professionals) from the approximately 60,000 quantitative professionals with whom the company maintains contact. a good data science program could be better for breaking into quant than a lower ranked MFE program. Recently I studied 9261 job listings in Data Science, Machine Learning and ML OPS and found that job listings for Machine Learning Engineers quote 15%-40% higher salaries than for Data Scientists at an equivalent comparable seniority level (data from the United States - ranges quoted in job listings were converted into mid-points: avg(min, max) ). Please note that salary data may have changed slightly since this article was pulished. These insights underscore the diverse opportunities available within the field 4 days ago · In addition to that good experience in a relevant field or industry is also important for data scientist roles. data scientist wars when it comes to salary. Visit PayScale to research data scientist salaries by city, experience, skill, employer and more. Jan 13, 2025 · Explore the top 13 highest-paying data science jobs in 2025, including roles like Data Scientist, AI Engineer, and NLP Engineer. Compensation can be in the low-to Data Scientist Salary. 5 #re Oct 16, 2012 · I recently graduated from a top (Ivy League caliber) university in the US with a major in industrial engineering and operations research and a minor (almost enough courses for a major) in computer science. The typical mid-career data scientist salary is $123,000 while the typical mid-career quantitative analyst makes about $139,000. Dec 20, 2024 · Senior Data Scientist Salary: According to Glassdoor data at the time of this writting, the typical senior data scientist's salary ranged from \$195,000 to \$301,000 annually. . Depends on where you are (e. Learn the difference between a data analyst vs data scientist with data roles and salaries to know which data science roles to hire. ), whereas data analysis can often be entered with a Sep 30, 2024 · Their statistics reveal that in 2024, the average annual salary for data scientists in the US is approximately \$160,000, while machine learning engineers earn slightly more at \$166,000, agreeing with our research. Of course, these are only averages, and there's potential to make much more than this in either sector. Sep 27, 2024 · Data scientists with 1-3 years experience earn a TC of up to £120k in a hedge fund, while quant researchers earn £144k. Data Scientists are responsible for taking all of the data that a company collects and turning it into business analytics for actionable insights. We would like to show you a description here but the site won’t allow us. The salary for a data scientist varies depending on the level of education, amount of experience, geographic location, specific industry and job market demand. $200,000. #dataskills #datascience #dataanalyticsData skills are very important skills whether you are a medical doctor, an Economist or a civil servant. Whilst Data Science seems more statistics, python, SQL. In the first few years, data science will often be equal or have the edge in salary, and data analytics about the same but a little lower in salary. We compared the trends of total compensation (base salary plus bonus) among actuaries, data scientists and its related careers in Figure 2. financial analyst is different from a BI analyst, etc. Working anywhere besides quant finance, as a data scientist. Data science often requires more advanced study (including potentially a master's or Ph. 4 Lakhs per year. Mar 9, 2020 · The reality is that no one is winning the quantitative analyst vs. They’re seeking to use it to outpace competitors, especially with the rise of AI and advanced analytics techniques. View Quantitative Researcher salaries across top companies broken down by base, stock, and bonus. I’ve taken one actuary exam, was a data scientist, and now I’m a quant. Apr 9, 2025 · The average salary for a Data Scientist in Kenya is KSh 660,000 in 2025. Compensation data sources we used include Actuarial Careers survey (), a survey of individual salaries plus bonuses organized by actuaries on Reddit (), and levels. On the sell side, those figures are £112. Quantitative Analysts (QA) and Data Scientists (DS) are two highly sought-after professions in the world of analytics. The skillset isn't straightforward swap. I am aware of PMs getting paid +$50M in the most successful teams Quant Developers: $300k - 1M Over the past few years, comps have increased substantially due to the increased market volatility. It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all Mar 26, 2025 · Because of this, the BLS expects job prospects to be excellent. Apr 18, 2025 · The median annual wage for data scientists was $112,590 in May 2024. Explore the difference between Quantitative Analysts and Data Scientists in their roles, responsibilities, skills, salary, and career growth opportunities. 6 Lakhs to ₹ 37. While Data Scientists and Quant Developers tap into two of these disciplines, the comprehensive skill set of a Quant Scientist makes I would say no, an actuary can't do the job of a data scientist and a data scientist could not do the job of an actuary (without training). If they are smart data scientists can negotiate the sort of remuneration that old school Quants could only dream about. Mar 1, 2025 · Data Scientist Vs Data Analyst – Key Differences #1) Objectives. There is currently a perceived magic about the work data scientists do, and a shortage of people with the right qualifications. Salary Range, Minimum Wage, and Starting Salary. 0, and the average salary for a Data Scientists annual salary of ₹ 14. An analysis expert may want to know who the key stakeholders are, how the products or processes are built, etc. 9 to 28 lakhs per annum depending on the experience, skills, Location, and industry of the individual. They are both giving me the same base salary but I am curious about what others think of the opportunities and potential career path (especially the Quantitative Analyst path/seniority levels). Quantitative analysts focus on financial data, while data scientists work with all types of data. I have had interviews for quant positions and they are mostly brain teasers, IQ tests, the required knowledge is C++, stochastic calculus, algorithms. Sep 4, 2020 · But data scientists do have an advantage. The average salary for both positions may vary depending on the size of the company at which you work, location of your job and the level of experience you have prior to pursuing either position. 5L for data analysts. I help write protocols and statistical analysis plans, read literature on what methods to use. D. Salaries for the position Data Scientist in Kenya range from 116,000 KES (starting salary) to 369,000 KES (maximum salary). Data science seems like it would set me up well for quant but finance would set me up better for asset management/private banking. The data analyst wants to understand what is being produced and how it is being consumed by different users or business units or functions. Health Informatics. Employment of data scientists is projected to grow 36 percent from 2023 to 2033, much faster than the average for all occupations. $140,000. Tons of emails and working with scientists and doctors to figure out what is going on and plan things appropriately. Intellectual Challenge: The quant role can be intellectually challenging as it involves solving complex mathematical problems and developing sophisticated models. I have worked in finance for internships and full-time (including quantitative research at 2 days ago · View Data Scientist salaries across top companies broken down by base, stock, and bonus. Understanding the differences can help aspiring Sep 27, 2024 · Data scientists with 1-3 years experience earn a TC of up to £120k in a hedge fund, while quant researchers earn £144k. Apr 10, 2025 · The estimated total pay for a Quantitative Data Scientist is $261,649 per year, with an average salary of $132,581 per year. nqkepnlsaygosftiaauhakkpjhkmskstmqsqbeltpzkesxwgyqintpoquqvizsszrvbqlsqflzkqbx
Quant vs data scientist salary Again, this is the top end companies, not the The major difference between a quantitative analyst and a data scientist is the amount of coding involved. Data Scientists. data science typically means people who can do all that analysts can do I see what you're getting at, but phrased this way it's incorrect. Jul 3, 2024 · According to Glassdoor, a data scientist’s salary in Johannesburg, South Africa, ranges between ZAR4L and ZAR7L per annum, while Pay scale notes an average of ZAR3L and ZAR3. Data Scientist vs Machine Learning Engineer: Career Path Apr 9, 2025 · Some of the highest-paying data science jobs in India include roles such as Data Architect (INR 28L), Quantitative Analyst (INR 19L), and Data Mining Engineer (INR 14L). According to PayScale, here is the annual salary comparison between the Data Analysts and Data Scientists: Data Scientist Salary vs Data Analyst Salary: The median Quantitative Researcher salary is $200,000. 4 lakhs. #1 is my very first option and what I would like to do and #2 is more so of a backup. Salary is way less than data scientists, I get 147k with 5 years experience and an MS Jun 8, 2019 · quant vs data scientist . fyi which was used to track total compensations for data scientists, software engineers, and May 15, 2023 · 2) Data Scientist for StitchFix (Fashion E-Commerce Data Scientist) As a data scientist for StitchFix, you’ll help revolutionize the world of fashion e-commerce. Key Responsibilities: Leading the development and optimization of machine learning I am quite old (23), but would like to become a data scientist or a quant . How do we gai Data scientist vs Data analyst – which role are you choosing? Data Scientist jobs Data Analyst jobs Firstly, consider how much time and resources you are willing to invest in education and training. You can be a middling actuary and make 150-200k when you are an FSA. Putting the brand names aside, I want to know which field has a better long-term situation, I have heard people talking about DS going downward as AI blooms and Quant has higher salaries (maybe these infos are not accurate). From a survey carried out by Glassdoor, the average salary in the UK for a quantitative analyst is £81,000. 5k and £117k respectively. Data Scientist Both roles involve analyzing large amounts of data to extract meaningful insights, but one of the biggest differences is that data scientists work in a variety of industries — including healthcare, education, technology, marketing and more — whereas quants are primarily employed in sectors focused on Nov 6, 2019 · eh, quant can be kind of the same way depending on where you end up. as for OP’s question it depends on the relative brand name of the two programs. 5 Socks 26K for 2 years YOE 7. The average salary range for Quantitative Analyst vs. Entry-level Data Scientists will be paid anywhere from ₹8 to ₹23 lakhs per annum. Visit PayScale to research quantitative analyst salaries by city, experience, skill, employer and more. The explicit barriers to entry are highest for actuaries because of the exams but I think quant research and data science attract better students. But now I’m emoving to NYC thus fintech/hf/ib seems another option. Both DS and DA will usually be less hours than finance. Nov 16, 2024 · Position: Data Scientist II (Level 62) • Location: Noida • Base Salary: ₹40 LPA • Signing Bonus: ₹8L (₹5L in Year 1, ₹3L in Year 2) • RSUs: $80K worth of Microsoft stock, vested over 4 years • Performance Bonus: Up to 20% of base salary Current TC- Base 33. Fortunately, right now my employer is willing to pay up to $17k of the costs of a Master's program, but it has to be a program that is related to my role. I do think getting a salary competitive with a fellow as a middling data scientist will be difficult. Job Outlook. g. Quantitative analysts earn an average salary of $113,816 per year, while data scientists earn an average salary of $118,822 per year. This ranges from £47,000 to £141,000 depending on the company and level of experience. Whereas the salary ranges between 3. in DS, CS, Analytics, etc. ), but product analysts often have product intuition and domain knowledge that data scientists typically don't. Salary Comparison: Data Analyst vs Data Scientist The salary ranges for data analysts and data scientists reflect the differing levels of expertise and responsibilities required in each role. I am a bit of confused whether I should pursue Data Scientist or Quantitative Analyst as my future career plan. Career Trajectory Oct 14, 2023 · Salary In general, both roles offer competitive salaries, Data Scientists and Quantitative Analysts are distinct yet overlapping career paths. In general, quantitative analysts apply scientific methods to finance and discover new ways of viewing and analyzing this type of data. E. Yeah this is really crucial difference. But I clearly know it’s way more rewarding but challenging for CS background to be quant in finance industry. but yes Apr 8, 2024 · As of May 2022, the BLS cited median salaries of $103,500 per year for data scientists. in a quantitative subject, such as mathematics, economics, finance, or statistics. Data Science is probably less time consuming, but a harder career path. The program cards/tables featured on this page were last updated in March 2020. I want to break into quant trading and I am currently in my second year of school trying to pick a major. The data science team at my firm (quant hedge fund) focuses on data platforms, data engineering, sourcing data, and processing data, all in collaboration with the quant research teams who use the data to actually do their research and come up with or refine strategies. Data scientists in 2016 were found to have a salary Jan 19, 2023 · As per Ambitionbox, people working as Quantitative Analysts draw an average salary of ₹ 2. I went through r/csmajors and saw that many of those guys send out 200+ resumes without hearing a response back. Data Scientist Salary: Data Scientists are highly paid because of their unique skills. Jan 8, 2025 · A comprehensive comparison of Quantitative Analysts vs. Dec 6, 2023 · Compensation: Quants often earn higher salaries compared to data scientists, especially in hedge funds and investment banks. While data analysts earn attractive pay for handling and interpreting data, data scientists typically receive higher compensation due to their advanced Apr 20, 2025 · Quant firms often look for candidates who have a master's degree or a Ph. Companies are no longer just collecting data. Oct 5, 2022 · Salary. quant vs data scientist . Learn about salaries, responsibilities, and how to start a successful data science career. Career path: Quant vs Data scientist. Data Scientists earn an average salary range of $85,000-$200,000. quants get paid quite a bit more on the top end, both in salary and bonuses. Salary: The average salary for a Data Scientist in India is around 14. Quant Researcher/Trader: $400k - $5M Quant PM: $1M - $20M. Oct 6, 2022 · Data analysts can earn an average salary of $75,765 per year, while quantitative analysts can earn an average salary of $113,816 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Quantitative Researcher. Using machine learning and human expertise, you’ll generate innovative recommendations and insights that will change the way customers discover and purchase clothes online. I feel like for quant research, you need much more math than typical data scientist to be successful though. These positions demand advanced skills in data handling, machine learning, and AI technologies, offering lucrative salaries to professionals who possess specialized expertise. #QUANTS #datascience#machinelearning #SALARY #CAREER #datascienceinterview I explain what Quants (on average) make more money than data scientists. Skill sets between data science and quant finance do overlap, but there are also differences, like C++ & stochastic calculus for certain areas in quant finance. Quantitative analysts and data scientists both work with data, but they have different roles. About 20,800 openings for data scientists are projected each year, on average, over the decade. Is that really all the difference between the two? Is a quant researcher just a data scientist working with financial and time series data? If not, what exactly does a quant researcher do? Dec 23, 2024 · Strong problem-solving skills are also essential for a Data Scientist in order to obtain meaningful insights from data. quant is a lot more specialized so u can get pigeonholed and if ur specialization is no longer a hot sub field, then ur kind of SOL. However, starting about 4-6 years out, the salaries and opportunities change. Both jobs require a strong foundation in mathematics, statistics, and computer programming. Aug 17, 2023 · A 'Quant Scientist' is a specialized role at the convergence of Math & Statistics, Python programming, and Market Intuition, boasting an earnings potential of up to $259,384 — double that of a Quant Analyst. For course Apr 14, 2025 · The average salary for a Quantitative Analyst in South Africa is R513,010 in 2025. Data scientists working in scientific research and development, business management, and computer systems design earn the highest average wages. These insights underscore the diverse opportunities available within the field I've seen quant research jobs for a lot of finance companies. The top 10% of data scientist earners made more than $174,790 per year. Usually, they don't sound that different from a data scientist role, except focused on time series. Data Scientist Salary. I’m passionate about ML/stat/math, thus I’m always searching for chance to be data scientist or MLE in tech industry. The 2024 CQF Careers Guide to Quantitative Finance provides an in-depth look at salaries and compensation across six career paths: risk management, portfolio management, technology, quant trading, quant strategies and research, and data science and machine learning. 3. 2022 salary data was gathered from May 2021 through April 2022. In my experience (2 actuarial internships + 3 passed exams and ~2 yrs work experience as a data scientist), actuaries are doing very specific math, while data scientists are more likely to use generalized tools. Quants definitely make more money, but not hundreds of thousands of dollars more, and it may be that data Jul 8, 2020 · Glassdoor lists the average salary of a quantitative analyst at $109,437 and that of a data scientist at $115,512. In the United States, the average salary for a data scientist is $145,037 per year. Here is a bit about the companies: Company A: Role: Data scientist $10,000 signing bonus (repaid if leaving the company after 2 years) Feb 13, 2023 · Related: What Does a Principal Data Scientist Do? Quantitative Analyst vs. Jun 14, 2022 · For the study, Burtch Works interviewed 1,841 data professionals (1,265 data scientists and 576 AI professionals) from the approximately 60,000 quantitative professionals with whom the company maintains contact. a good data science program could be better for breaking into quant than a lower ranked MFE program. Recently I studied 9261 job listings in Data Science, Machine Learning and ML OPS and found that job listings for Machine Learning Engineers quote 15%-40% higher salaries than for Data Scientists at an equivalent comparable seniority level (data from the United States - ranges quoted in job listings were converted into mid-points: avg(min, max) ). Please note that salary data may have changed slightly since this article was pulished. These insights underscore the diverse opportunities available within the field 4 days ago · In addition to that good experience in a relevant field or industry is also important for data scientist roles. data scientist wars when it comes to salary. Visit PayScale to research data scientist salaries by city, experience, skill, employer and more. Jan 13, 2025 · Explore the top 13 highest-paying data science jobs in 2025, including roles like Data Scientist, AI Engineer, and NLP Engineer. Compensation can be in the low-to Data Scientist Salary. 5 #re Oct 16, 2012 · I recently graduated from a top (Ivy League caliber) university in the US with a major in industrial engineering and operations research and a minor (almost enough courses for a major) in computer science. The typical mid-career data scientist salary is $123,000 while the typical mid-career quantitative analyst makes about $139,000. Dec 20, 2024 · Senior Data Scientist Salary: According to Glassdoor data at the time of this writting, the typical senior data scientist's salary ranged from \$195,000 to \$301,000 annually. . Depends on where you are (e. Learn the difference between a data analyst vs data scientist with data roles and salaries to know which data science roles to hire. ), whereas data analysis can often be entered with a Sep 30, 2024 · Their statistics reveal that in 2024, the average annual salary for data scientists in the US is approximately \$160,000, while machine learning engineers earn slightly more at \$166,000, agreeing with our research. Of course, these are only averages, and there's potential to make much more than this in either sector. Sep 27, 2024 · Data scientists with 1-3 years experience earn a TC of up to £120k in a hedge fund, while quant researchers earn £144k. Data Scientists are responsible for taking all of the data that a company collects and turning it into business analytics for actionable insights. We would like to show you a description here but the site won’t allow us. The salary for a data scientist varies depending on the level of education, amount of experience, geographic location, specific industry and job market demand. $200,000. #dataskills #datascience #dataanalyticsData skills are very important skills whether you are a medical doctor, an Economist or a civil servant. Whilst Data Science seems more statistics, python, SQL. In the first few years, data science will often be equal or have the edge in salary, and data analytics about the same but a little lower in salary. We compared the trends of total compensation (base salary plus bonus) among actuaries, data scientists and its related careers in Figure 2. financial analyst is different from a BI analyst, etc. Working anywhere besides quant finance, as a data scientist. Data science often requires more advanced study (including potentially a master's or Ph. 4 Lakhs per year. Mar 9, 2020 · The reality is that no one is winning the quantitative analyst vs. They’re seeking to use it to outpace competitors, especially with the rise of AI and advanced analytics techniques. View Quantitative Researcher salaries across top companies broken down by base, stock, and bonus. I’ve taken one actuary exam, was a data scientist, and now I’m a quant. Apr 9, 2025 · The average salary for a Data Scientist in Kenya is KSh 660,000 in 2025. Compensation data sources we used include Actuarial Careers survey (), a survey of individual salaries plus bonuses organized by actuaries on Reddit (), and levels. On the sell side, those figures are £112. Quantitative Analysts (QA) and Data Scientists (DS) are two highly sought-after professions in the world of analytics. The skillset isn't straightforward swap. I am aware of PMs getting paid +$50M in the most successful teams Quant Developers: $300k - 1M Over the past few years, comps have increased substantially due to the increased market volatility. It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all Mar 26, 2025 · Because of this, the BLS expects job prospects to be excellent. Apr 18, 2025 · The median annual wage for data scientists was $112,590 in May 2024. Explore the difference between Quantitative Analysts and Data Scientists in their roles, responsibilities, skills, salary, and career growth opportunities. 6 Lakhs to ₹ 37. While Data Scientists and Quant Developers tap into two of these disciplines, the comprehensive skill set of a Quant Scientist makes I would say no, an actuary can't do the job of a data scientist and a data scientist could not do the job of an actuary (without training). If they are smart data scientists can negotiate the sort of remuneration that old school Quants could only dream about. Mar 1, 2025 · Data Scientist Vs Data Analyst – Key Differences #1) Objectives. There is currently a perceived magic about the work data scientists do, and a shortage of people with the right qualifications. Salary Range, Minimum Wage, and Starting Salary. 0, and the average salary for a Data Scientists annual salary of ₹ 14. An analysis expert may want to know who the key stakeholders are, how the products or processes are built, etc. 9 to 28 lakhs per annum depending on the experience, skills, Location, and industry of the individual. They are both giving me the same base salary but I am curious about what others think of the opportunities and potential career path (especially the Quantitative Analyst path/seniority levels). Quantitative analysts focus on financial data, while data scientists work with all types of data. I have had interviews for quant positions and they are mostly brain teasers, IQ tests, the required knowledge is C++, stochastic calculus, algorithms. Sep 4, 2020 · But data scientists do have an advantage. The average salary for both positions may vary depending on the size of the company at which you work, location of your job and the level of experience you have prior to pursuing either position. 5L for data analysts. I help write protocols and statistical analysis plans, read literature on what methods to use. D. Salaries for the position Data Scientist in Kenya range from 116,000 KES (starting salary) to 369,000 KES (maximum salary). Data science seems like it would set me up well for quant but finance would set me up better for asset management/private banking. The data analyst wants to understand what is being produced and how it is being consumed by different users or business units or functions. Health Informatics. Employment of data scientists is projected to grow 36 percent from 2023 to 2033, much faster than the average for all occupations. $140,000. Tons of emails and working with scientists and doctors to figure out what is going on and plan things appropriately. Intellectual Challenge: The quant role can be intellectually challenging as it involves solving complex mathematical problems and developing sophisticated models. I have worked in finance for internships and full-time (including quantitative research at 2 days ago · View Data Scientist salaries across top companies broken down by base, stock, and bonus. Understanding the differences can help aspiring Sep 27, 2024 · Data scientists with 1-3 years experience earn a TC of up to £120k in a hedge fund, while quant researchers earn £144k. Apr 10, 2025 · The estimated total pay for a Quantitative Data Scientist is $261,649 per year, with an average salary of $132,581 per year. nqke pnlsa ygosf tiaauh akkp jhkmsks tmqs qbelt pzke sxwgyq intpo quqvi zsszr vbqlsqfl zkqbx