The table below looks at the statistics for PhD in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited PhD over the 3 months to 19 September 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
19 Sep 2014
Same period 2013 Same period 2012
PhD
Rank 188 219 216
Rank change year-on-year
+31 -3
Contract jobs citing PhD 11 8 4
As % of all contract IT jobs located in the City of London 0.19% 0.11% 0.052%
As % of the Qualifications category 1.24% 0.76% 0.38%
Number of daily rates quoted 9 7 3
Average daily rate
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£800 £600 £600
Average daily rate % change year-on-year
+33.33% -
UK excluding London average daily rate £350 £291 -
% change year-on-year
+20.17% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £25.00 £36.25
% change year-on-year
- -31.03%
PhD
London

The following table is for comparison with the above and provides statistics for the entire Qualifications category in contract jobs advertised in the City of London region.

Qualifications Category
City of London
Contract IT job ads with a match in the
Qualifications category
888 1051 1056
As % of all contract IT jobs located in the City of London 15.08% 14.60% 13.61%
Number of daily rates quoted 629 729 704
Average daily rate £438 £425 £413
Average daily rate % change year-on-year
+2.94% +3.03%
90% offered a daily rate of more than £263 £250 £225
10% offered a daily rate of more than £575 £600 £550
UK excluding London average daily rate £364 £350 £350
% change year-on-year
+4.00% -
Number of hourly rates quoted 14 32 39
Average hourly rate £14.50 £19.60 £17.50
Average hourly rate % change year-on-year
-26.02% +12.00%
90% offered a hourly rate of more than £12.50 £11.50 £14.00
10% offered a hourly rate of more than £31.79 £48.00 £35.74
UK excluding London average hourly rate £20.00 £17.50 £24.00
% change year-on-year
+14.28% -27.08%

PhD
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing PhD across the City of London region as a proportion of the total demand within the Qualifications category.

PhD Jobs Demand Trend in the City of London

PhD
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing PhD across the City of London region.

PhD Daily Rate Trend in the City of London

PhD
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing PhD across the City of London region over the 3 months to 19 September 2014.

PhD Daily Rate Histogram in the City of London

PhD
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing PhD across the City of London region.

PhD Hourly Rate Trend in the City of London

PhD
Top 30 Related IT Skills in the City of London

For the 6 months to 19 September 2014, IT contractor jobs across the City of London region citing PhD also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited PhD.

1 15 (75.00%) Degree
2 14 (70.00%) C++
3 9 (45.00%) Mathematics
3 9 (45.00%) Multithreading
3 9 (45.00%) Analytical Skills
4 8 (40.00%) Java
4 8 (40.00%) Front Office
4 8 (40.00%) Finance
5 7 (35.00%) Foreign Exchange (FX)
6 6 (30.00%) VBA
7 5 (25.00%) Linux
7 5 (25.00%) Fixed Income
7 5 (25.00%) Analytics
7 5 (25.00%) Low Latency
7 5 (25.00%) Statistics
7 5 (25.00%) Algorithmic Trading
7 5 (25.00%) KDB
8 4 (20.00%) Physics
8 4 (20.00%) Computer Science
8 4 (20.00%) Boost C++ Libraries
8 4 (20.00%) STL
8 4 (20.00%) SQL
9 3 (15.00%) Monte Carlo Method
9 3 (15.00%) Hadoop
9 3 (15.00%) R
9 3 (15.00%) Big Data
10 2 (10.00%) Python
10 2 (10.00%) SAS
10 2 (10.00%) Advertising
11 1 (5.00%) Validation

PhD
Top Related IT Skills in the City of London by Category

For the 6 months to 19 September 2014, IT contractor jobs across the City of London region citing PhD also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited PhD. Up to 20 skills are shown per category.

Application Platforms
1 2 (10.00%) SAS
2 1 (5.00%) Apache Pig
Applications
1 1 (5.00%) SPSS
1 1 (5.00%) MS Excel
1 1 (5.00%) S-PLUS
Cloud Services
1 1 (5.00%) Amazon EC2
Database & Business Intelligence
1 5 (25.00%) KDB
2 3 (15.00%) Hadoop
2 3 (15.00%) Big Data
3 1 (5.00%) Data Mining
3 1 (5.00%) SAS Data Integration Studio
3 1 (5.00%) Apache Hive
3 1 (5.00%) Base SAS
3 1 (5.00%) SAS Enterprise Guide
3 1 (5.00%) SAS Enterprise Miner
General
1 8 (40.00%) Front Office
1 8 (40.00%) Finance
2 2 (10.00%) Advertising
3 1 (5.00%) Banking
Job Titles
1 11 (55.00%) Developer
2 5 (25.00%) Analyst
2 5 (25.00%) Java Developer
3 4 (20.00%) Quantitative Developer
3 4 (20.00%) Quantitative Analyst
4 3 (15.00%) Data Scientist
5 2 (10.00%) C++ Developer
5 2 (10.00%) Performance Manager
6 1 (5.00%) Research Analyst
6 1 (5.00%) Analyst Developer
6 1 (5.00%) Development Manager
6 1 (5.00%) C++ Quantitative Developer
6 1 (5.00%) Financial Analyst
Libraries, Frameworks & Software Standards
1 4 (20.00%) Boost C++ Libraries
1 4 (20.00%) STL
2 1 (5.00%) Natural Language Processing
Miscellaneous
1 9 (45.00%) Mathematics
1 9 (45.00%) Analytical Skills
2 7 (35.00%) Foreign Exchange (FX)
3 5 (25.00%) Fixed Income
3 5 (25.00%) Statistics
4 4 (20.00%) Physics
4 4 (20.00%) Computer Science
5 1 (5.00%) Grid Computing
5 1 (5.00%) Equities
5 1 (5.00%) CUDA
5 1 (5.00%) Social Media
Operating Systems
1 5 (25.00%) Linux
2 1 (5.00%) UNIX
Processes & Methodologies
1 9 (45.00%) Multithreading
2 5 (25.00%) Analytics
2 5 (25.00%) Low Latency
2 5 (25.00%) Algorithmic Trading
3 3 (15.00%) Monte Carlo Method
4 1 (5.00%) Validation
4 1 (5.00%) Agile Software Development
4 1 (5.00%) Business Intelligence
4 1 (5.00%) OOA/OOD
4 1 (5.00%) OO
4 1 (5.00%) Big Data Analytics
4 1 (5.00%) Statistical Modelling
4 1 (5.00%) Data Analytics
4 1 (5.00%) MapReduce
4 1 (5.00%) Probability Theory
4 1 (5.00%) Information Retrieval
4 1 (5.00%) Campaign Management
4 1 (5.00%) People Management
Programming Languages
1 14 (70.00%) C++
2 8 (40.00%) Java
3 6 (30.00%) VBA
4 4 (20.00%) SQL
5 3 (15.00%) R
6 2 (10.00%) Python
7 1 (5.00%) Ruby
7 1 (5.00%) VB
Qualifications
1 15 (75.00%) Degree
Quality Assurance & Compliance
1 1 (5.00%) Basel II
1 1 (5.00%) Solvency II