I appreciate your question about the average salary scale for Quantitative Analysts in Systematic Trading Firms in Madurai, India.
The salary range can vary greatly depending on the size of the firm and the specific role, but I can provide a general range based on industry standards. Please note these figures are approximate and can change based on the job market and other factors:
- Junior Quantitative Analysts: Typically, a junior-level professional can expect a salary ranging from INR 6,00,000 to INR 12,00,000 per year.
- Mid-Level Quantitative Analysts: At the mid-level, the salary can range from INR 10,00,000 to INR 20,00,000 per year.
- Senior Quantitative Analysts: For senior-level roles, the salary can range from INR 18,00,000 to INR 30,00,000 or more per year.
These figures include the basic salary along with standard industry benefits. However, it's important to bear in mind that these are rough estimates, and actual salaries can vary based on the individual's skills, experience, and the firm's remuneration policies.
For more accurate information, you might consider reaching out directly to recruitment agencies or HR professionals in the field, or check online resources like Glassdoor and Payscale, which provide detailed salary insights for specific roles in specific locations.
Remember, when negotiating your salary, it's not just about the number. Consider other factors like benefits, work-life balance, career growth opportunities, and the culture of the firm. Hope this information is helpful!