Quantitative analyst vs data scientist salary london Let’s start exploring more on Quantitative Analyst vs Data Scientist. The major difference in their jobs is what they do with the data. Data Science. Quantitative Analysts (QA) and Data Scientists (DS) are two highly sought-after professions in the world of analytics. It’s 100% more academic. The average salary for a data scientist is £50,710 per year. Data science often requires more advanced study (including potentially a master's or Ph. My guess is that it is easier to start in quant finance and pivot into data science than the other way around. 5k and £117k respectively. com 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. From a survey carried out by Glassdoor, the average salary in the UK for a quantitative analyst is £81,000. OpenQuant is the #1 Quant Job Board featuring Quantitative Research, Quantitative Trading, Quantitative Developer, Data Scientist, and Machine Learning Engineer jobs. What is the salary difference between a data scientist and a data analyst? According to the BLS, data scientists earned a median salary of $108,020 in 2023. This ranges from £47,000 to £141,000 Mar 17, 2025 · Data Scientist Salary. The typical mid-career data scientist salary is $123,000 while the typical mid-career quantitative analyst makes about $139,000. The estimated total pay for a Data Scientist is £60,411 per year in the London area, with an average salary of £54,330 per year. true. According to Jobted UK, the average salary for an actuary in the UK is £51,500 and can range from £35,940 to £174,300 based on the level of experience and qualifications the individual has. Data scientists earn more because they usually have a higher education background and have more responsibilities when it comes to front-end development. Demands on time depend on team, project load and how well you manage yourself. Quantitative Analytics vs. Overall, big4 transaction and "mgmt consulting" teams pay decent wages compared to the general population but you'll not get rich by your day-job before you make partner (and then it depends "fully" on yourself). Both jobs require a strong foundation in mathematics, statistics, and computer programming. Mar 9, 2020 · The reality is that no one is winning the quantitative analyst vs. Of course, these are only averages, and there's potential to make much more than this in either sector. But when it comes to their job roles, there is a line of difference between them. ), whereas data analysis can often be entered with a bachelor’s degree and specific certifications or bootcamps. 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 Analysts Oct 5, 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. The BLS reported a median salary of $83,640 for data analysts in 2023. data scientist wars when it comes to salary. Click here to see the total pay, recent salaries shared and more! Oct 14, 2023 · Data Scientists - **Entry Level**: Data Analyst, London, and Hong Kong. 39 votes, 14 comments. A quantitative or data analyst studies large sets of data and identifies trends, develops data charges, and creates presentations visually to help companies make strategic decisions. Apr 11, 2025 · The average salary for a data analyst is £34,313 per year. Quantitative analysts and data scientists work with data. You can get a decent hourly payoff or get utterly fucked. D. I interned in quant research for a bit. There is currently a perceived magic about the work data scientists do, and a shortage of people with the right qualifications. They often use math to evaluate financial risks and statistical models to determine how initiatives can impact a company’s operations over time. . On the sell side, those figures are £112. The average salary for a Data Scientist/Quantitative Analyst is $81,143 per year in London, UK. Jan 2, 2025 · One of the highest-paying data analyst jobs in the UK is that of a quantitative analyst. See full list on springboard. Quants definitely make more money, but not hundreds of thousands of dollars more, and it may be that data Jan 19, 2023 · Quantitative Analysts and Data Scientists both deal with the data and use statistical tools to make informed decisions and resolve complex problems. But data scientists do have an advantage. Data Scientist Salary. Your math/stats skills matter much more than your communication and software engineering skills (assuming there’s are quant developers at the firm to implement strategies for you). United States: Data scientists tend to have higher average salaries, starting around $85,000 and going up to $120,000 or more. 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. Salary In general, While Data Scientists and Quantitative Analysts operate in different spheres and have distinct Feb 13, 2023 · Related: What Does a Principal Data Scientist Do? Quantitative Analyst vs. 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. Sep 4, 2020 · Still, despite the difference in names, in reality Quants and data scientists are mostly doing the same jobs, and have a similar set of required skills and qualifications. Data Scientist jobs Data Analyst jobs Firstly, consider how much time and resources you are willing to invest in education and training. With experience in specific competitive industries like technology and finance, salaries can exceed $150,000 annually. tceyv hdehtamz rraz sycxhqi wqxcl wmcp ytjf jzals qqpsltr rcuzh cmp lkdxooa cbljgbi uwcmgps dcfy