Description
Develop quantitative techniques to inform securities investing, equities investing, pricing, or valuation of financial instruments. Develop mathematical or statistical models for risk management, asset optimization, pricing, or relative value analysis.
Interests
- Investigative
- Conventional
Work Values
- Independence
- Achievement
- Recognition
Work Styles
- Analytical Thinking
- Integrity
- Attention to Detail
- Persistence
- Initiative
Tasks
- 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.
Work Activities
- Working with Computers
- Analyzing Data or Information
- Processing Information
- Getting Information
- Making Decisions and Solving Problems
Detailed Work Activities
- Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
- Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
- Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
- Observing, receiving, and otherwise obtaining information from all relevant sources.
- Analyzing information and evaluating results to choose the best solution and solve problems.
- Keeping up-to-date technically and applying new knowledge to your job.
- Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
- Translating or explaining what information means and how it can be used.
- Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.
- Estimating sizes, distances, and quantities; or determining time, costs, resources, or materials needed to perform a work activity.
Technology Skills
- Object or component oriented development software
- Presentation software
- Analytical or scientific software
- Development environment software
- Data base user interface and query software
Abilities
- Mathematical Reasoning
- Written Comprehension
- Deductive Reasoning
- Number Facility
- Oral Comprehension
Skills
- Mathematics
- Critical Thinking
- Reading Comprehension
- Complex Problem Solving
- Active Learning
Knowledge
- Mathematics
- Economics and Accounting
- Computers and Electronics
- English Language
Most Common Education Level
The “Most Common Education Level” refers to the level of education held by the majority of workers in a given occupation. For example, if the highest percentage of workers in a role have an Associate’s Degree, that suggests this is the typical educational requirement. Knowing this helps you plan how many years of education you may need to pursue that career.
Certificates
Certificate name
Certified Corporate Trust SpecialistCertifying Organization
American Bankers Association
Type
Specialty
Certificate name
Microsoft Dynamics AX 2012 FinancialsCertifying Organization
Microsoft Corporation
Type
Product/Equipment
Certificate name
Certified Chartered Wealth ManagerCertifying Organization
American Academy of Financial Management
Type
Advanced
Certificate name
Oracle Hyperion Financial Management 11 EssentialsCertifying Organization
Oracle Corporation
Type
Product/Equipment
Income Percentile
The income percentiles show how earnings are distributed within a profession. The 10th percentile means that 10% of workers earned less than that amount. The median (50th percentile) indicates that half of workers earned more, and half earned less. The 90th percentile reflects what the top 10% of earners in the field make.
Income Percentile | Annual Income |
---|---|
Low (10%) | $49,104 |
Median (50%) | $85,679 |
High (90%) | $152,308 |
Income by Experience
This table shows how income typically grows with experience—from entry level (0–2 years), to mid-level (3–5 years), to senior level (6–8 years), to expert level (8+ years).
Experience | Income |
---|---|
Entry Level | N/A |
Mid Level | N/A |
Senior Level | N/A |
Expert Level | N/A |
Employability
There are currently 129,800 jobs in this career path. Over the next 10 years, that number is expected to increase to 137,900 positions, reflecting a projected growth of 6%.
The Projected Job Growth figure refers to the expected increase or decrease in employment within a specific career field over a certain period of time.
Projected Job Growth of 6%
Related Careers
The career information and data on this site incorporates information from O*NET Web Services, Lightcast, CareerOneStop, and the U.S. Bureau of Labor Statistics (BLS). For more details regarding the data sources and the specific information sourced, click here.