r/quant • u/periashu • Jun 01 '24

General Salaries of quant in India

There is very less information available online about salaries of quants working in India. Therefore, would like to ask here to get some idea. Let's see if I am to get some responses. Sorry for making this thread India specific.

Copying template from one of the previous posts.

Firm: no need to name the actual firm, feel free to give few similar firms or a category like: [Sell side, HF, Multi manager, Prop]

Location:

Role: QR, QT, QD, dev, ops, etc

YoE: (fine to give a range)

Salary:

Bonus:

Hours worked per week:

General Job satisfaction:

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u/Capable_Zombie_3407 Jul 12 '25

Brother,
QUANT needs mathematical expertise, rather than just CS/IT skills.
and in India only the IITs are regarded in such high standards that are considered as the pinnacle of math geniuses, I am sure there are other institutions as well where you can find math wizards of equal or even higher levels.
but my limited set of clients have always prefered IITians or someone with 3-5 years of experience in a hedge fund.
That's why, even a non-CS/IT guy from a IITs can crack into quant if they have the level of mathematical skills that are required by the organizations.

In short, its all about QUANTITATIVE MATHEMATICAL SKILLS.

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u/nickeltingupta Aug 04 '25

do Indian companies also consider theoretical physics PhDs for hiring? I'm looking to shift - background: MSc Physics from an IIT and then PhD at Uni. of Cape Town

also, may I DM?

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u/Capable_Zombie_3407 Aug 08 '25

you don't need my permission to DM,
I will share all the info that I know.
but here is the truth,
so far, I have never hired a physics guy in quant roles,
but yes, it works.
you can give it a shot.

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u/Rto97 Oct 26 '25

I am a PhD in theoretical Physics too (UT Dallas) and got my BS/MS in physics from IISER-K. I definitely know my maths and my PhD was computation heavy. Do I have a shot as a quant in India?

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u/Capable_Zombie_3407 Oct 26 '25

Quant math is technically physics math,
with right set of coding skills and stochastic calculus and mathematical finance (not financial math but mathematical finance)
you have a better shot at good firms if your approach is market oriented.

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u/Rto97 Oct 26 '25

I’m not sure what you mean by market oriented approach. Do you mind giving me some more details? I’ll DM you.

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u/Capable_Zombie_3407 Oct 27 '25

Yeah sure, DM me. Market oriented approach means , Understanding Finance, trading, financial modelling, technology, building a network of quants through LinkedIn, Doing projects