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 28 July 2015 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
28 Jul 2015
Same period 2014 Same period 2013
PhD
Rank 192 190 198
Rank change year-on-year
-2 +8
Contract jobs citing PhD 19 12 32
As % of all contract IT jobs located in the City of London 0.32% 0.20% 0.45%
As % of the Qualifications category 2.20% 1.30% 2.95%
Number of daily rates quoted 18 11 23
Average daily rate
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£650 £701 £550
Average daily rate % change year-on-year
-7.20% +27.36%
90% offered a daily rate of more than £401 £400 £325
10% offered a daily rate of more than £750 £800 £600
UK excluding London average daily rate £413 £480 £250
% change year-on-year
-14.06% +92.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £28.69 - -
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
862 926 1083
As % of all contract IT jobs located in the City of London 14.53% 15.74% 15.24%
Number of daily rates quoted 634 643 747
Average daily rate £438 £425 £425
Average daily rate % change year-on-year
+2.94% -
90% offered a daily rate of more than £275 £250 £250
10% offered a daily rate of more than £600 £600 £555
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 21 19 61
Average hourly rate £17.98 £18.10 £23.75
Average hourly rate % change year-on-year
-0.66% -23.78%
90% offered a hourly rate of more than £12.50 £12.79 £12.31
10% offered a hourly rate of more than £38.43 £34.50 £51.00
UK excluding London average hourly rate £23.88 £18.75 £21.00
% change year-on-year
+27.33% -10.71%

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 28 July 2015.

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 28 July 2015, 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 16 (72.73%) C++
2 11 (50.00%) Java
2 11 (50.00%) Degree
3 9 (40.91%) Linux
3 9 (40.91%) Finance
4 8 (36.36%) Analytical Skills
5 7 (31.82%) Python
6 6 (27.27%) Foreign Exchange (FX)
6 6 (27.27%) Front Office
6 6 (27.27%) KDB
6 6 (27.27%) Multithreading
6 6 (27.27%) Algorithmic Trading
6 6 (27.27%) Data Structures
6 6 (27.27%) Algorithms
6 6 (27.27%) Market Making
6 6 (27.27%) FX Algorithmic Trading
6 6 (27.27%) Low Latency
7 5 (22.73%) Computer Science
7 5 (22.73%) Credit Risk
7 5 (22.73%) Windows
8 4 (18.18%) R
8 4 (18.18%) Big Data
9 3 (13.64%) Analytics
9 3 (13.64%) C#
9 3 (13.64%) SQL
9 3 (13.64%) STL
9 3 (13.64%) Banking
9 3 (13.64%) Statistics
9 3 (13.64%) Mathematics
10 2 (9.09%) Cluster Analysis

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

For the 6 months to 28 July 2015, 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.

Cloud Services
1 1 (4.55%) SaaS
Communications & Networking
1 1 (4.55%) Internet
1 1 (4.55%) Intrusion Detection
1 1 (4.55%) Network Security
Database & Business Intelligence
1 6 (27.27%) KDB
2 4 (18.18%) Big Data
3 1 (4.55%) Hadoop
General
1 9 (40.91%) Finance
2 6 (27.27%) Front Office
3 3 (13.64%) Banking
4 1 (4.55%) Financial Institution
Job Titles
1 14 (63.64%) Developer
2 9 (40.91%) Senior Developer
3 8 (36.36%) C++ Developer
4 6 (27.27%) Java Developer
4 6 (27.27%) Senior Java Developer
5 5 (22.73%) Quantitative Developer
5 5 (22.73%) C++ Quantitative Developer
6 3 (13.64%) Senior C++ Developer
7 2 (9.09%) Architect
7 2 (9.09%) Quantitative Analyst
7 2 (9.09%) Analyst
7 2 (9.09%) Data Scientist
8 1 (4.55%) Security Solutions Architect
8 1 (4.55%) Big Data Architect
8 1 (4.55%) Cyber Security Architect
8 1 (4.55%) Information Security Architect
8 1 (4.55%) Data Architect
8 1 (4.55%) Solutions Architect
8 1 (4.55%) Information Architect
8 1 (4.55%) 3rd Line Support
Libraries, Frameworks & Software Standards
1 3 (13.64%) STL
Miscellaneous
1 8 (36.36%) Analytical Skills
2 6 (27.27%) Data Structures
2 6 (27.27%) Algorithms
2 6 (27.27%) Foreign Exchange (FX)
3 5 (22.73%) Computer Science
3 5 (22.73%) Credit Risk
4 3 (13.64%) Statistics
4 3 (13.64%) Mathematics
5 1 (4.55%) Physics
5 1 (4.55%) Management Information System
5 1 (4.55%) PKI
5 1 (4.55%) Market Risk
5 1 (4.55%) Internet of Things
Operating Systems
1 9 (40.91%) Linux
2 5 (22.73%) Windows
3 1 (4.55%) Mac OS X
3 1 (4.55%) Mac OS X Server
3 1 (4.55%) Windows Server 2008
3 1 (4.55%) Windows 7
Processes & Methodologies
1 6 (27.27%) Algorithmic Trading
1 6 (27.27%) Multithreading
1 6 (27.27%) Low Latency
1 6 (27.27%) Market Making
1 6 (27.27%) FX Algorithmic Trading
2 3 (13.64%) Analytics
3 2 (9.09%) Statistical Analysis
3 2 (9.09%) Regression Analysis
3 2 (9.09%) Cluster Analysis
4 1 (4.55%) Big Data Analytics
4 1 (4.55%) Statistical Modelling
4 1 (4.55%) Enterprise Architecture
4 1 (4.55%) Cyber Security
4 1 (4.55%) SABSA
4 1 (4.55%) Information Assurance
4 1 (4.55%) Security Architecture
4 1 (4.55%) Predictive Modelling
4 1 (4.55%) ITIL
4 1 (4.55%) Service Delivery
4 1 (4.55%) GAP Analysis
Programming Languages
1 16 (72.73%) C++
2 11 (50.00%) Java
3 7 (31.82%) Python
4 4 (18.18%) R
5 3 (13.64%) C#
5 3 (13.64%) SQL
6 1 (4.55%) MATLAB
Qualifications
1 11 (50.00%) Degree
2 2 (9.09%) Postgraduate
3 1 (4.55%) CISSP
3 1 (4.55%) CISA
3 1 (4.55%) CISM
Quality Assurance & Compliance
1 1 (4.55%) COBIT
System Software
1 2 (9.09%) VMware Infrastructure
Systems Management
1 2 (9.09%) NetBackup
Vendors
1 2 (9.09%) Symantec
1 2 (9.09%) VMware
1 2 (9.09%) Veeam
2 1 (4.55%) Microsoft
2 1 (4.55%) Apple
City, London
Harrington Starr
Rate: £600 - £700 per day
Posted: 5 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £550.00 per day
Posted: 5 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 5 days ago
City of London
Bridge Noble
Rate: £400 - £425 per day
Posted: 26 days ago