Financial Quantitative Analysts in Louisiana
Want to work as a Financial Quantitative Analysts in Louisiana? Here’s what you need to know. All financial specialists not listed separately.
What do Financial Quantitative Analysts Make in Louisiana?
For financial quantitative analysts working in Louisiana, the median annual wage is $53,360 per year (or roughly $25.65/hour).Pay can range from $34,240 at the 10th percentile to $90,370 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $34,240 | $16.46 |
| 25th percentile | $40,180 | $19.32 |
| Median (50th) | $53,360 | $25.65 |
| 75th percentile | $75,270 | $36.19 |
| 90th percentile | $90,370 | $43.45 |
The job concentration index in Louisiana compared to the national average — is 2.22, suggesting that financial quantitative analysts are more concentrated here than the national average.
National Wage Comparison
Nationally, financial quantitative analysts earn a median of $126,371 per year ($60.76/hour), lower than the Louisiana median.
Employment Outlook
There are roughly 304,801 financial quantitative analysts in the U.S.. In Louisiana alone, around 3,500 people work in this role. That’s higher than the typical state, which employs around 1,510 financial quantitative analysts.
Top Louisiana Metros for Financial Quantitative Analysts
These are the Louisiana metros with the most financial quantitative analysts in Louisiana.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| New Orleans-Metairie, LA | 990 | $66,370 |
| Baton Rouge, LA | 800 | $51,500 |
| Slidell-Mandeville-Covington, LA | 280 | $55,820 |
| Shreveport-Bossier City, LA | 210 | $58,170 |
| Lafayette, LA | 180 | $47,480 |
| Monroe, LA | 160 | $46,850 |
| Alexandria, LA | 130 | $61,650 |
| Hammond, LA | 110 | $49,800 |
| Lake Charles, LA | 70 | $48,140 |
| Houma-Bayou Cane-Thibodaux, LA | 60 | $48,110 |
Top States for Financial Quantitative Analysts Employment
These states have the highest employment of financial quantitative analysts work.
| State | Number Employed |
|---|---|
| California | 15,360 |
| Texas | 12,290 |
| Illinois | 7,140 |
| Florida | 7,030 |
| New York | 6,760 |
| Virginia | 5,560 |
| New Jersey | 4,870 |
| Ohio | 4,510 |
| Georgia | 4,370 |
| Maryland | 4,290 |
| Pennsylvania | 3,830 |
| Colorado | 3,820 |
| Louisiana | 3,500 |
| North Carolina | 3,260 |
| Washington | 3,110 |
| Massachusetts | 2,930 |
| Tennessee | 2,810 |
| Missouri | 2,740 |
| District of Columbia | 2,530 |
| Utah | 2,110 |
Highest-Paying States for Financial Quantitative Analysts
Where financial quantitative analysts earn the most: financial quantitative analysts.
| State | Annual Median Salary |
|---|---|
| District of Columbia | $123,450 |
| New York | $122,510 |
| Maryland | $102,500 |
| New Jersey | $92,820 |
| Ohio | $90,170 |
| Rhode Island | $88,500 |
| Indiana | $87,760 |
| Colorado | $87,270 |
| West Virginia | $86,940 |
| Massachusetts | $85,950 |
Skills
Top financial quantitative analysts skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
Top abilities for financial quantitative analysts, rated on an importance scale of 0 to 5:
Daily Tasks
Common tasks include:
- Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
- Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
- Interpret results of financial analysis procedures.
- Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- Define or recommend model specifications or data collection methods.
- Produce written summary reports of financial research results.
- Maintain or modify all financial analytic models in use.
- Provide application or analytical support to researchers or traders on issues such as valuations or data.
- Devise or apply independent models or tools to help verify results of analytical systems.
- Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
- Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
- Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
Work Activities
- Working with Computers
- Analyzing Data or Information
- Processing Information
- Getting Information
- Making Decisions and Solving Problems
- Updating and Using Relevant Knowledge
- Interpreting the Meaning of Information for Others
- Communicating with Supervisors, Peers, or Subordinates
- Thinking Creatively
- Estimating the Quantifiable Characteristics of Products, Events, or Information
- Identifying Objects, Actions, and Events
- Organizing, Planning, and Prioritizing Work
Tools & Technology
Software and systems commonly involved: Hot technologies: Amazon Web Services AWS software, Apache Hive, C#, C++ In-demand technologies: C++, Microsoft Excel
What Major Will Prepare You For This Career?
Several college majors map to this occupation:
- Finance & Financial Management
- Business Administration & Management
- Applied Mathematics
- Religious Institution Administration and Law
Featured schools near , edit
Related Careers
Other careers like financial quantitative analysts include:
- Investment Fund Managers
- Management Analysts
- Market Research Analysts and Marketing Specialists
- Credit Analysts
- Financial and Investment Analysts
- Personal Financial Advisors
Also Known As
Analyst, Data Analyst, Equity Analyst, Equity Structurer, Finance Analyst, Financial Analyst, Financial Engineer, Financial Quantitative Analyst, Investment Associate, Investment Portfolio Control Consultant, Investment Strategist, Model Risk Manager, Model Validation Analyst, Portfolio Manager, Predictive Modeler.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 13-2099.01
Course Advisor provides higher-education, college and university, degree, program, career, salary, and other helpful information to students, faculty, institutions, and other internet audiences. Presented information and data are subject to change. Inclusion on this website does not imply or represent a direct relationship with the company, school, or brand. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. Contact the schools to verify any information before relying on it. Financial aid may be available for those who qualify. The displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© Course Advisor – All Rights Reserved.