The first table below looks at the demand for PhD in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited PhD over the 3 months to 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Qualifications for the London region.

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
17 May 2013
Same period 2012 Same period 2011
PhD
Rank 342 389 415
Rank change year-on-year
+47 +26
Contract jobs citing PhD 43 17 22
As % of all contract IT jobs located in London 0.199% 0.063% 0.070%
As % of the Qualifications category 1.353% 0.453% 0.530%
Number of daily rates quoted 38 13 15
Average daily rate £550 £550 £575
Average daily rate % change year-on-year
- -4.34%
90% offered a daily rate of more than £325 £410 £485
10% offered a daily rate of more than £665 £780 £1,120
UK excluding London average daily rate £250 £188 £625
% change year-on-year
+33.33% -70.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £65.00 £40.00 £40.00
% change year-on-year
+62.50% -
All Qualifications
London
Contract IT job ads with a match in the
Qualifications category
3177 3754 4151
As % of all contract IT jobs located in London 14.71% 14.02% 13.29%
Number of daily rates quoted 1897 2243 2392
Average daily rate £421 £425 £425
Average daily rate % change year-on-year
-0.94% -
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 120 114 143
Average hourly rate £23.20 £21.25 £20.70
Average hourly rate % change year-on-year
+9.17% +2.65%
90% offered a hourly rate of more than £11.25 £12.50 £13.15
10% offered a hourly rate of more than £135.00 £40.63 £37.05
UK excluding London average hourly rate £22.50 £23.00 £25.00
% change year-on-year
-2.17% -8.00%
PhD
England

PhD
Jobs Demand Trend

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

London PhD Jobs Demand Trend

PhD
Daily Rate Trend

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

London PhD Daily Rate Trend

PhD
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing PhD across the London region over the 3 months to 17 May 2013.

London PhD Daily Rate Histogram

PhD
Hourly Rate Trend

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

London PhD Hourly Rate Trend

PhD
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing PhD within the London region over the 3 months to 17 May 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
City of London +27 23 £325 -50.00%
Canary Wharf -4 5 £600 +9.09%
Docklands, London - 1 £650 -
PhD
England

PhD
Top 30 Related IT Skills

For the 6 months to 17 May 2013, IT contractor jobs across the 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 36 (62.07%) C++
1 36 (62.07%) Mathematics
2 29 (50.00%) Physics
3 28 (48.28%) Analytics
4 23 (39.66%) Computer Science
5 20 (34.48%) Degree
6 19 (32.76%) Microsoft
7 15 (25.86%) Software Engineering
8 14 (24.14%) Statistics
8 14 (24.14%) R
8 14 (24.14%) Big Data
8 14 (24.14%) C#
8 14 (24.14%) Python
9 13 (22.41%) Linux
9 13 (22.41%) Hadoop
9 13 (22.41%) TDD
10 12 (20.69%) Agile Software Development
10 12 (20.69%) Finance
10 12 (20.69%) SAS
10 12 (20.69%) Java
10 12 (20.69%) JavaScript
11 11 (18.97%) .NET
11 11 (18.97%) SQL
11 11 (18.97%) MS Excel
11 11 (18.97%) Windows
11 11 (18.97%) Front Office
11 11 (18.97%) Scrum
11 11 (18.97%) Banking
12 10 (17.24%) Data Analysis
12 10 (17.24%) Selenium

PhD
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT contractor jobs across the 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 Development
1 11 (18.97%) .NET
2 10 (17.24%) HTML
2 10 (17.24%) Razor View Engine
2 10 (17.24%) Gherkin
2 10 (17.24%) LESS
2 10 (17.24%) ASP.NET
2 10 (17.24%) CSS
2 10 (17.24%) WCF
3 8 (13.79%) MapReduce
4 2 (3.448%) ASP
4 2 (3.448%) WPF
4 2 (3.448%) Silverlight
5 1 (1.724%) Google Maps API
5 1 (1.724%) JSP
5 1 (1.724%) STL
5 1 (1.724%) J2SE
Application Platforms
1 12 (20.69%) SAS
2 10 (17.24%) Windows Azure
2 10 (17.24%) Apache Pig
3 8 (13.79%) Apache
4 1 (1.724%) Oracle Spatial
Applications
1 11 (18.97%) MS Excel
2 9 (15.52%) SPSS
3 1 (1.724%) S-PLUS
3 1 (1.724%) MS Office
Communications & Networking
1 2 (3.448%) HTTP
Database & Business Intelligence
1 14 (24.14%) Big Data
2 13 (22.41%) Hadoop
3 10 (17.24%) Apache Hive
3 10 (17.24%) Apache Cassandra
4 9 (15.52%) Data Mining
5 8 (13.79%) HBase
5 8 (13.79%) Mahout
6 3 (5.172%) SQL Server
6 3 (5.172%) OLAP
7 2 (3.448%) DB2
8 1 (1.724%) Data Warehouse
8 1 (1.724%) Star Schema
8 1 (1.724%) GIS
8 1 (1.724%) Oracle OLAP
8 1 (1.724%) Pentaho
Development Applications
1 10 (17.24%) Selenium
2 8 (13.79%) LLVM
General
1 12 (20.69%) Finance
2 11 (18.97%) Banking
2 11 (18.97%) Front Office
3 8 (13.79%) Investment Banking
4 3 (5.172%) Retail
5 1 (1.724%) Marketing
Job Titles
1 27 (46.55%) Developer
2 14 (24.14%) Quantitative Developer
3 13 (22.41%) C++ Developer
4 12 (20.69%) C++ Quantitative Developer
5 9 (15.52%) Data Scientist
6 7 (12.07%) Analyst
7 6 (10.34%) Research Engineer
8 5 (8.621%) Quantitative Analyst
9 3 (5.172%) Research Scientist
9 3 (5.172%) Senior Developer
10 2 (3.448%) Software Developer
10 2 (3.448%) Senior Software Developer
10 2 (3.448%) Data Manager
10 2 (3.448%) Hadoop Developer
10 2 (3.448%) JavaScript Developer
11 1 (1.724%) Software Manager
11 1 (1.724%) Credit Risk Analyst
11 1 (1.724%) Planning Manager
11 1 (1.724%) Senior Oracle Developer
11 1 (1.724%) Software Project Manager
Miscellaneous
1 36 (62.07%) Mathematics
2 29 (50.00%) Physics
3 23 (39.66%) Computer Science
4 14 (24.14%) Statistics
5 8 (13.79%) Derivative
6 7 (12.07%) Visualisation
6 7 (12.07%) Fixed Income
7 6 (10.34%) Grid Computing
7 6 (10.34%) Neural Network
7 6 (10.34%) Social Network
7 6 (10.34%) Machine Learning
8 5 (8.621%) Credit Risk
9 3 (5.172%) Hedge funds
9 3 (5.172%) Foreign Exchange (FX)
10 2 (3.448%) Enterprise Software
10 2 (3.448%) Market Risk
10 2 (3.448%) Economics
11 1 (1.724%) Smartphone
11 1 (1.724%) Credit Derivative
Operating Systems
1 13 (22.41%) Linux
2 11 (18.97%) Windows
3 3 (5.172%) UNIX
Processes & Methodologies
1 28 (48.28%) Analytics
2 15 (25.86%) Software Engineering
3 13 (22.41%) TDD
4 12 (20.69%) Agile Software Development
5 11 (18.97%) Scrum
6 10 (17.24%) Data Analysis
6 10 (17.24%) Multithreading
6 10 (17.24%) MVC
6 10 (17.24%) BDD
6 10 (17.24%) Rapid Prototyping
7 7 (12.07%) Predictive Modelling
8 3 (5.172%) Risk Analytics
8 3 (5.172%) Business Intelligence
8 3 (5.172%) Stochastic Calculus
8 3 (5.172%) Monte Carlo Method
9 2 (3.448%) Project Management
10 1 (1.724%) Online Marketing
10 1 (1.724%) CHAID
10 1 (1.724%) OO
10 1 (1.724%) CRM
Programming Languages
1 36 (62.07%) C++
2 14 (24.14%) C#
2 14 (24.14%) Python
2 14 (24.14%) R
3 12 (20.69%) Java
3 12 (20.69%) JavaScript
4 11 (18.97%) SQL
5 10 (17.24%) Scala
6 8 (13.79%) VC++
7 6 (10.34%) C
8 3 (5.172%) VBA
8 3 (5.172%) Perl
9 2 (3.448%) Shell Script
9 2 (3.448%) Ruby
10 1 (1.724%) PowerShell
10 1 (1.724%) MATLAB
10 1 (1.724%) PL/SQL
Qualifications
1 20 (34.48%) Degree
2 5 (8.621%) Postgraduate
3 2 (3.448%) MBA
System Software
1 2 (3.448%) Apache Flume
Vendors
1 19 (32.76%) Microsoft
2 3 (5.172%) Teradata
2 3 (5.172%) Oracle
3 2 (3.448%) Jaspersoft
4 1 (1.724%) Google
4 1 (1.724%) Facebook
London
I currently have an opportunity for a Quant Developer within a top investment bank's quant analytics team. The role will see you join a team responsible for...
Real Staffing
Rate: £650 per day
Posted: 15 May 2013
City, London
Key Requirements: - Expert C++ - Strong mathematical skills - Derivatives pricing (ideally fixed income) - Experience as either a Quant Developer or a Front Office Developer - Educated in a mathematical subject (...
Nicoll Curtin
Rate: £500 - £600 per day
Posted: 15 May 2013
London
I currently have an exciting opportunity within a Top Tier Bank's Quant Analytics group.The role will see you join a team responsible for a variety projects...
Real Staffing
Rate: £650 per day
Posted: 15 May 2013
City, London
Key Requirements: - Expert C++, very strong experience with STL - Strong mathematical skills - Derivatives pricing (ideally fixed income) - Experience as either a Quant Developer or a Front Office Developer -...
Nicoll Curtin
Rate: £550 - £650 per day
Posted: 17 May 2013
City of London
You will meet all of the following essential skills/experience: MSc or PHD in Quantitative dicepline Ideally 2 years experience working as a quantitative analyst or in a...
Orgtel
Posted: 15 May 2013
London
A Quantitative Analyst with some experience of software development in either C++ or Python is required by the Counterparty Risk Analytics Quant team of this tier one investment...
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