Financial Quantitative Analyst

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AVG. SALARY

$78,600

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Money & Outlook

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North Dakota Earnings

Average Annual Wage

$78,600

Entry Annual Wage

$51,380

Experienced Annual Wage

$107,240

Average Hourly Wage

$37.79

Entry Hourly Wage

$24.70

Experienced Hourly Wage

$51.56

Median Hourly Wage

$37.20

North Dakota Regional Earnings

North Dakota Metropolitan Areas Wages

Region Average Entry Level Experienced
Bismarck MSA $81,580 or $39.22/hr $56,410 or $27.12/hr $113,030 or $54.34/hr
Fargo ND-MN MSA $71,950 or $34.59/hr $51,250 or $24.64/hr $100,270 or $48.21/hr

North Dakota's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 6%
Job Openings 15 estimated annual job openings
Employment 187 were employed in this occupation

North Dakota's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 2 16 0% 1 1
Region 3 12 0%
Region 5 71 13% 1 5 6
Region 7 52 6% 3 3

Regions with decreasing outlook (negative growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 4 18 -6% 1 1

National Earnings

The earnings information below is for the occupational group Financial Specialists, All Other. The occupation Financial Quantitative Analyst is part of this group.

Average Annual Wage

$93,890

Average Hourly Wage

$45.14

Average Annual Range

$46,420 to $151,780

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook increasing
  The employment change from 2023 to 2033 is estimated to be +6%.
(The National average for all occupations is +4%)
Job Openings very small number
  A total of 1010 average annual openings are expected for this occupation between 2023 and 2033.
(The National Average for all occupations is 1,724 openings)
Employment small occupation
  This was a small occupation in the United States, employing 129,800 workers in 2023.
(The National average for all occupations is 150,944 workers)
Growth Faster than average growth
  Demand for financial analysts generally increases with overall economic activity. These workers will be needed to evaluate investment opportunities when new businesses are established, or as existing businesses expand. In addition, emerging markets throughout the world are providing new investment opportunities, requiring expertise in geographic regions where those markets are located. 
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (28.4%)
  • Federal government (NAICS910000) (21.9%)
  • Credit intermediation and related activities (NAICS522000) (15.4%)
  • Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (8.8%)
  • Management of companies and enterprises (NAICS551000) (7.4%)
  • Educational services (NAICS610000) (7.2%)
  • Professional, scientific, and technical services (NAICS540000) (6.4%)