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Career Path
2026 Edition·Updated Mar 2026

Quantitative Analyst

A research-backed roadmap from mathematical foundations to production quant finance — stochastic calculus, derivatives pricing, algorithmic trading, and ML for finance across 8 stages. Built for roles at Citadel, Two Sigma, DE Shaw, Jane Street, Goldman Sachs, and JPMorgan.

6–8%
Job growth 2024–2034
$175K+
Average US base salary
8 stages
Foundations → quant-ready
12–18 mo
Full-time timeline
01
01

Mathematical Foundations

4–6 weeks

The quantitative bedrock that separates quants from data scientists — linear algebra, probability, and statistics at a graduate level.

02
02

Python & R for Quant Finance

3–4 weeks

The quant toolkit — NumPy/SciPy for numerical computing, QuantLib for derivatives, vectorbt for backtesting, and Polars for large time-series.

03
03

Financial Markets & Instruments

3–4 weeks

You cannot price what you do not understand. Deep knowledge of equities, fixed income, derivatives, and FX is the prerequisite for all pricing and risk work.

04
04

Stochastic Calculus & Derivatives Pricing

4–5 weeks

The mathematics that separates quants from everyone else — Ito calculus, Black-Scholes, stochastic volatility, and numerical pricing methods.

05
05

Risk Management & Portfolio Theory

3–4 weeks

Markowitz to CVaR — the framework every buy-side quant and risk manager uses to construct, monitor, and stress-test portfolios.

06
06

Algorithmic Trading & Alpha Research

4–5 weeks

From signal construction to execution — factor research, backtesting methodology, execution algorithms, and the TCA loop that closes the strategy lifecycle.

07
07

Machine Learning for Finance

3–4 weeks

ML is no longer optional in quant research — but finance-specific methodology (purged CV, signal IC testing, feature engineering) is what makes it actually work.

08
08

Portfolio & Career

4–6 weeks

The quant job market rewards demonstrated skills over credentials — a rigorous backtested strategy, a strong GitHub, and interview preparation for brainteasers and coding tests.

Ready to start your quant path?

Mathematics first — stochastic calculus and probability theory are the foundations that separate quants from data scientists.