Quantitative Analyst Salaries in Canada
91 salaries
$82K
Low
$103K
Average
$134K
High
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Salaries in Canada
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Average Base Salary in (CAD)
Range
$64K
$115K
$64,450 - $115,000 Range
$65K
$110K
$65,426 - $109,604 Range
$93K
$160K
$93,367 - $160,000 Range
$67K
$120K
$67,418 - $120,188 Range
$80K
$88K
$80,000 - $88,390 Range
$110K
$195K
$110,004 - $195,000 Range
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$78K
$84K
$77,811 - $83,968 Range
$29
$49
$29 - $49 Range
$66K
$116K
$65,788 - $116,000 Range
$64K
$88K
$64,000 - $88,455 Range
$57K
$77K
$56,515 - $77,429 Range
$85K
$93K
$85,265 - $92,878 Range
$40K
$108K
$40,000 - $108,499 Range
Ontario Teachers' Pension Plan
$94,556
/yr$92K
$114K
$92,226 - $114,237 Range
$47K
$71K
$47,123 - $71,339 Range
$59
$66
$59 - $66 Range
$43K
$69K
$42,687 - $68,693 Range
Quantitative Analyst Salaries
Frequently asked questions about a Quantitative Analyst salaries
The average salary for a Quantitative Analyst is $103,287 per year in Canada. Salaries estimates are based on 91 salaries submitted anonymously to Glassdoor by a Quantitative Analyst employees in Canada.
The highest salary for a Quantitative Analyst in Canada is $134,002 per year.
The lowest salary for a Quantitative Analyst in Canada is $82,035 per year.
The financial sector tends to pay higher salaries than other sectors, and it’s true for quantitative analysts. The average Canadian salary for quantitative analysts is mid to high five figures, but Nunavut and Saskatchewan have an average wage closer to six figures. Although a bachelor’s degree is required, a master’s will significantly increase wage opportunities. Working toward a Ph.D. can advance a candidate into a senior position earning top dollar. The ten-year forecasts show a shortage of jobs compared to job seekers at 23,700 to 29,700, respectively.
Are you a quantitative analyst who wants to earn more money? A bachelor’s degree is entry-level, but earning a higher degree like a master’s or doctorate in mathematics, statistics, business administration, computer science, marketing, or other related fields can lead to much higher salaries. Keep up with the latest trends in visualization and data analysis tools, including Tableau and Microsoft PowerBI. Proficiency in programming languages like Basel III, Python, and MATLAB and software such as MySQL and Excel to stay competitive as a quantitative analyst. Having an innate ability to draw insights from collected data and create actionable strategies and solutions shows experience in your profession. Research and communication are critical in a quantitative analyst role, along with excellent report creation using different datasets. Continue working on soft skills such as time management, organization, critical thinking, problem-solving, and resourcefulness to make the most out of your quantitative analyst position.
To negotiate an increase in salary or search for new job openings as a quantitative analyst, start by listing the value you bring to an organization and what you have to offer. For example, are you proficient in the use of data mining tools for the collection of data? Can you manipulate data with the latest data analysis tools and discover new insights? Do you have extensive experience working in team settings and taking the initiative in a leadership role? Have you successfully collaborated with programmers to develop data analyzing and collection tools? After you lay out your valuable assets, you can confidently request a healthy 10% to 20% increase in your current salary or initial job offer.
About 78.82% of Quantitative Analyst professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $13,436 in potential pay per year, among other factors, can qualify the annual pay of a Quantitative Analyst in Canada as a good salary.
Quantitative Analyst professionals in Canada have a wide total pay range, between $67,853 and $175,486 depending on experience, with an estimated total pay of $103,287 following the average career path of a Quantitative Analyst.