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 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
PhD
Rank 139 181 196
Rank change year-on-year
+42 +15
Contract jobs citing PhD 13 9 10
As % of all contract IT jobs located in the City of London 0.41% 0.18% 0.17%
As % of the Qualifications category 2.77% 1.16% 1.00%
Number of daily rates quoted 12 9 8
Average daily rate £700 £600 £650
Average daily rate % change year-on-year
+16.66% -7.69%
90% offered a daily rate of more than £675 £575 £492
10% offered a daily rate of more than £748 £655 £795
UK excluding London average daily rate £600 £301 £400
% change year-on-year
+99.66% -24.87%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £42.50
UK excluding London average hourly rate - - £13.43
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
469 779 1001
As % of all contract IT jobs located in the City of London 14.95% 15.47% 17.13%
Number of daily rates quoted 339 581 669
Average daily rate £450 £413 £425
Average daily rate % change year-on-year
+9.09% -2.94%
90% offered a daily rate of more than £238 £250 £265
10% offered a daily rate of more than £638 £550 £575
UK excluding London average daily rate £385 £375 £350
% change year-on-year
+2.53% +7.14%
Number of hourly rates quoted 7 16 15
Average hourly rate £21.81 £18.70 £23.75
Average hourly rate % change year-on-year
+16.61% -21.26%
90% offered a hourly rate of more than £16.40 £12.60 £14.10
10% offered a hourly rate of more than £33.08 £22.00 £38.93
UK excluding London average hourly rate £40.00 £21.00 £17.25
% change year-on-year
+90.47% +21.73%

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 5 February 2016.

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 5 February 2016, 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 20 (83.33%) C++
2 13 (54.17%) Front Office
2 13 (54.17%) Linux
2 13 (54.17%) Degree
2 13 (54.17%) Algorithmic Trading
2 13 (54.17%) Analytical Skills
2 13 (54.17%) Data Structures
3 12 (50.00%) Algorithms
4 11 (45.83%) Market Making
4 11 (45.83%) FX Algorithmic Trading
4 11 (45.83%) KDB
4 11 (45.83%) Multithreading
4 11 (45.83%) Low Latency
4 11 (45.83%) Foreign Exchange (FX)
4 11 (45.83%) Java
5 10 (41.67%) Finance
6 7 (29.17%) Python
6 7 (29.17%) Mathematics
7 6 (25.00%) Derivative
8 4 (16.67%) VBA
9 3 (12.50%) Banking
9 3 (12.50%) Statistics
9 3 (12.50%) Physics
9 3 (12.50%) Credit Risk
9 3 (12.50%) Computer Science
10 2 (8.33%) Numerical Analysis
10 2 (8.33%) Electronic Trading
10 2 (8.33%) Stochastic Calculus
10 2 (8.33%) Monte Carlo Method
10 2 (8.33%) Pandas

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

For the 6 months to 5 February 2016, 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 1 (4.17%) SAS
Applications
1 1 (4.17%) Stata
Database & Business Intelligence
1 11 (45.83%) KDB
2 2 (8.33%) SQL Server
General
1 13 (54.17%) Front Office
2 10 (41.67%) Finance
3 3 (12.50%) Banking
4 2 (8.33%) Investment Banking
5 1 (4.17%) Law
5 1 (4.17%) Pharmaceutical
Job Titles
1 20 (83.33%) Developer
2 6 (25.00%) C++ Developer
3 5 (20.83%) C++ Quantitative Developer
3 5 (20.83%) Quantitative Developer
4 2 (8.33%) Java Developer
4 2 (8.33%) Python Developer
4 2 (8.33%) Senior Developer
4 2 (8.33%) Senior Java Developer
5 1 (4.17%) Analyst
5 1 (4.17%) Consultant
5 1 (4.17%) Designer
5 1 (4.17%) Investment Banking C++ Developer
5 1 (4.17%) Lead Designer
5 1 (4.17%) Lead UX Designer
5 1 (4.17%) Quantitative Analyst
5 1 (4.17%) UX Designer
Libraries, Frameworks & Software Standards
1 2 (8.33%) NumPy
1 2 (8.33%) Pandas
1 2 (8.33%) SciPy
Miscellaneous
1 13 (54.17%) Analytical Skills
1 13 (54.17%) Data Structures
2 12 (50.00%) Algorithms
3 11 (45.83%) Foreign Exchange (FX)
4 7 (29.17%) Mathematics
5 6 (25.00%) Derivative
6 3 (12.50%) Computer Science
6 3 (12.50%) Credit Risk
6 3 (12.50%) Physics
6 3 (12.50%) Statistics
7 2 (8.33%) Fixed Income
7 2 (8.33%) Hedge funds
7 2 (8.33%) Interest Rate Derivative
8 1 (4.17%) Psychology
8 1 (4.17%) User Experience
Operating Systems
1 13 (54.17%) Linux
Processes & Methodologies
1 13 (54.17%) Algorithmic Trading
2 11 (45.83%) FX Algorithmic Trading
2 11 (45.83%) Low Latency
2 11 (45.83%) Market Making
2 11 (45.83%) Multithreading
3 2 (8.33%) Electronic Trading
3 2 (8.33%) Monte Carlo Method
3 2 (8.33%) Numerical Analysis
3 2 (8.33%) Stochastic Calculus
4 1 (4.17%) Customer Insight
4 1 (4.17%) Deep Learning
4 1 (4.17%) Machine Learning
4 1 (4.17%) Project Management
4 1 (4.17%) Validation
Programming Languages
1 20 (83.33%) C++
2 11 (45.83%) Java
3 7 (29.17%) Python
4 4 (16.67%) VBA
5 2 (8.33%) SQL
6 1 (4.17%) R
Qualifications
1 13 (54.17%) Degree
City, London
TEKsystems
Rate: £700 - £750 per day
Posted: 6 days ago