The table below looks at the statistics for PhD in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited PhD over the 3 months to 1 May 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.

3 months to
1 May 2016
Same period 2015 Same period 2014
PhD
Rank 586 608 547
Rank change year-on-year
+22 -61
Contract jobs citing PhD 78 39 75
As % of all contract IT jobs located in the UK 0.14% 0.069% 0.14%
As % of the Qualifications category 0.66% 0.35% 0.70%
Number of daily rates quoted 52 27 54
Median daily rate £700 £450 £600
Median daily rate % change year-on-year
+55.55% -25.00%
90% offered a daily rate of more than £428 £330 £165
10% offered a daily rate of more than £1,068 £725 £750
UK excluding London median daily rate £350 £450 £400
% change year-on-year
-22.22% +12.50%
Number of hourly rates quoted 0 1 7
Median hourly rate - £37.50 £35.00
Median hourly rate % change year-on-year
- +7.14%
UK excluding London median hourly rate - £37.50 £37.50

The following table is for comparison with the above and provides statistics for the entire Qualifications category in contract jobs advertised across the UK.

Qualifications Category
UK
Contract IT job ads with a match in the
Qualifications category
11871 11091 10725
As % of all contract IT jobs located in the UK 21.24% 19.55% 19.62%
Number of daily rates quoted 7464 6267 6098
Median daily rate £400 £393 £375
Median daily rate % change year-on-year
+1.91% +4.66%
90% offered a daily rate of more than £258 £240 £225
10% offered a daily rate of more than £570 £535 £530
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 398 557 544
Median hourly rate £29.50 £22.50 £20.00
Median hourly rate % change year-on-year
+31.11% +12.50%
90% offered a hourly rate of more than £12.50 £12.50 £13.25
10% offered a hourly rate of more than £48.14 £49.50 £42.50
UK excluding London median hourly rate £35.00 £22.50 £18.00
% change year-on-year
+55.55% +25.00%

PhD
Jobs Demand Trend

The demand trend of contract jobs citing PhD as a proportion of all IT contracts with a match in the Qualifications category.

PhD Jobs Demand Trend in the UK

PhD
Daily Rate Trend

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

PhD Daily Rate Trend in the UK

PhD
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing PhD within the UK over the 3 months to 1 May 2016.

PhD Daily Rate Histogram in the UK

PhD
Hourly Rate Trend

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

PhD Hourly Rate Trend in the UK

PhD
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing PhD within the UK over the 3 months to 1 May 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +39 78 £700 +55.55% 124
London +17 68 £700 +60.45% 53
City of London +57 16 £725 +173.58% 11
Cambridge - 4 - - 26
East of England - 4 - - 39
Cambridgeshire - 4 - - 28
Berkshire +1 2 £325 -53.57%
South East -16 2 £325 -27.77% 18
South West - 2 £463 - 6
Devon - 2 £463 -
North West - 2 £325 - 5
Exeter - 2 £463 -
Manchester - 2 £325 - 5
Slough +11 1 £300 -57.14%

PhD
Top 30 Related IT Skills

For the 6 months to 1 May 2016, IT contractor jobs citing PhD also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for PhD.

1 79 (47.31%) C++
2 60 (35.93%) Finance
3 58 (34.73%) Python
4 50 (29.94%) Degree
4 50 (29.94%) Mathematics
5 44 (26.35%) Front Office
6 43 (25.75%) Java
6 43 (25.75%) Analytics
7 40 (23.95%) R
8 38 (22.75%) Computer Science
9 37 (22.16%) Machine Learning
9 37 (22.16%) Analytical Skills
10 35 (20.96%) C#
10 35 (20.96%) Foreign Exchange (FX)
11 32 (19.16%) SQL
11 32 (19.16%) Algorithmic Trading
12 28 (16.77%) QA
13 27 (16.17%) Banking
14 26 (15.57%) Agile Software Development
14 26 (15.57%) Credit Risk
14 26 (15.57%) Algorithms
15 25 (14.97%) Derivative
15 25 (14.97%) Statistics
15 25 (14.97%) Linux
16 24 (14.37%) Hadoop
17 23 (13.77%) Investment Banking
17 23 (13.77%) Validation
18 21 (12.57%) .NET
18 21 (12.57%) Apache Hive
18 21 (12.57%) Low Latency

PhD
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 20 (11.98%) Apache Spark
2 13 (7.78%) SAS
3 8 (4.79%) Apache Pig
4 5 (2.99%) Node.js
5 3 (1.80%) Elasticsearch
6 2 (1.20%) Apache
7 1 (0.60%) CMS
7 1 (0.60%) IPython
7 1 (0.60%) Sitecore CMS
Applications
1 7 (4.19%) SPSS
2 3 (1.80%) MS Excel
3 1 (0.60%) Stata
Business Applications
1 3 (1.80%) FINCAD Analytics
Cloud Services
1 6 (3.59%) Amazon AWS
2 5 (2.99%) Amazon S3
3 2 (1.20%) Amazon EC2
3 2 (1.20%) Amazon ElastiCache
3 2 (1.20%) Amazon EMR
3 2 (1.20%) GitHub
Communications & Networking
1 5 (2.99%) HTTP
2 1 (0.60%) Network Security
2 1 (0.60%) RS-232
2 1 (0.60%) RS-485
Database & Business Intelligence
1 24 (14.37%) Hadoop
2 21 (12.57%) Apache Hive
3 14 (8.38%) SQL Server
4 12 (7.19%) Data Mining
5 11 (6.59%) Big Data
6 9 (5.39%) KDB
6 9 (5.39%) MySQL
7 8 (4.79%) MongoDB
8 6 (3.59%) NoSQL
9 5 (2.99%) Redis
10 3 (1.80%) Apache Cassandra
10 3 (1.80%) Data Warehouse
10 3 (1.80%) Mahout
10 3 (1.80%) PostgreSQL
10 3 (1.80%) QlikView
10 3 (1.80%) Relational Database
11 2 (1.20%) HBase
11 2 (1.20%) Impala
11 2 (1.20%) Neo4j
12 1 (0.60%) Text Mining
Development Applications
1 14 (8.38%) Selenium
2 11 (6.59%) HP UFT
3 7 (4.19%) Git (software)
4 6 (3.59%) Eclipse
5 4 (2.40%) JUnit
5 4 (2.40%) Maven
5 4 (2.40%) Visual Studio
6 3 (1.80%) Grunt
6 3 (1.80%) gulp
6 3 (1.80%) Protractor
6 3 (1.80%) TeamCity
7 2 (1.20%) Vagrant
7 2 (1.20%) Yeoman
8 1 (0.60%) LabVIEW
8 1 (0.60%) VSS/SourceSafe
General
1 60 (35.93%) Finance
2 44 (26.35%) Front Office
3 27 (16.17%) Banking
4 23 (13.77%) Investment Banking
5 6 (3.59%) Manufacturing
6 4 (2.40%) Pharmaceutical
7 3 (1.80%) Retail
8 2 (1.20%) Retail Banking
9 1 (0.60%) Electronics
9 1 (0.60%) Local Government
9 1 (0.60%) Marketing
Job Titles
1 61 (36.53%) Developer
2 24 (14.37%) Analyst
2 24 (14.37%) Data Scientist
3 23 (13.77%) Quantitative Developer
4 18 (10.78%) Qualitative Analyst
4 18 (10.78%) Quantitative Analyst
5 13 (7.78%) Credit Risk Manager
5 13 (7.78%) Machine Learning Scientist
5 13 (7.78%) Quantitative Risk Manager
5 13 (7.78%) Risk Manager
6 11 (6.59%) C++ Developer
6 11 (6.59%) Java Developer
7 10 (5.99%) C++ Quantitative Developer
7 10 (5.99%) Lead Tester
7 10 (5.99%) QA Leader
7 10 (5.99%) QA Tester
7 10 (5.99%) Senior QA Tester
7 10 (5.99%) Senior Tester
7 10 (5.99%) Tester
8 9 (5.39%) C# Developer
Libraries, Frameworks & Software Standards
1 21 (12.57%) .NET
2 13 (7.78%) scikit-learn
3 11 (6.59%) MSMQ
4 10 (5.99%) HTML
4 10 (5.99%) SciPy
5 8 (4.79%) JMX
5 8 (4.79%) Pandas
6 7 (4.19%) AngularJS
6 7 (4.19%) Spring
7 6 (3.59%) CSS
7 6 (3.59%) JSON
7 6 (3.59%) RESTful
8 5 (2.99%) D3.js
8 5 (2.99%) REST
8 5 (2.99%) Web Services
9 4 (2.40%) .NET Framework
9 4 (2.40%) Hibernate
9 4 (2.40%) WCF
9 4 (2.40%) WinForms
9 4 (2.40%) XML
Miscellaneous
1 50 (29.94%) Mathematics
2 38 (22.75%) Computer Science
3 37 (22.16%) Analytical Skills
4 35 (20.96%) Foreign Exchange (FX)
5 26 (15.57%) Algorithms
5 26 (15.57%) Credit Risk
6 25 (14.97%) Derivative
6 25 (14.97%) Statistics
7 17 (10.18%) Physics
8 16 (9.58%) Data Structures
8 16 (9.58%) Visualisation
9 14 (8.38%) Credit Derivative
9 14 (8.38%) Market Risk
10 9 (5.39%) Fixed Income
10 9 (5.39%) Life Science
11 7 (4.19%) Management Information System
12 5 (2.99%) Applied Mathematics
13 4 (2.40%) Artificial Intelligence
14 3 (1.80%) Equities
14 3 (1.80%) Interest Rate Derivative
Operating Systems
1 25 (14.97%) Linux
2 7 (4.19%) Unix
3 6 (3.59%) Windows
4 1 (0.60%) Android
4 1 (0.60%) Apple iOS
Processes & Methodologies
1 43 (25.75%) Analytics
2 37 (22.16%) Machine Learning
3 32 (19.16%) Algorithmic Trading
4 26 (15.57%) Agile Software Development
5 23 (13.77%) Validation
6 21 (12.57%) Low Latency
7 20 (11.98%) Data Analytics
7 20 (11.98%) Multithreading
8 17 (10.18%) Risk Management
8 17 (10.18%) Software Engineering
9 16 (9.58%) FX Algorithmic Trading
9 16 (9.58%) Market Making
10 15 (8.98%) Data Analysis
10 15 (8.98%) Monte Carlo Method
11 14 (8.38%) Risk Assessment
11 14 (8.38%) Test Automation
12 10 (5.99%) Automated Testing
12 10 (5.99%) Data Migration
12 10 (5.99%) Migration
12 10 (5.99%) OO
Programming Languages
1 79 (47.31%) C++
2 58 (34.73%) Python
3 43 (25.75%) Java
4 40 (23.95%) R
5 35 (20.96%) C#
6 32 (19.16%) SQL
7 15 (8.98%) Scala
7 15 (8.98%) VBA
8 13 (7.78%) JavaScript
8 13 (7.78%) MATLAB
9 6 (3.59%) Ruby
9 6 (3.59%) VB
10 4 (2.40%) C
11 3 (1.80%) C++/CLI
11 3 (1.80%) F#
11 3 (1.80%) VB6
12 2 (1.20%) Bash Shell
12 2 (1.20%) Clojure
12 2 (1.20%) Go
12 2 (1.20%) Haskell
Qualifications
1 50 (29.94%) Degree
2 10 (5.99%) ISEB
2 10 (5.99%) ISTQB
3 2 (1.20%) PMP
4 1 (0.60%) Postgraduate
Quality Assurance & Compliance
1 28 (16.77%) QA
2 2 (1.20%) Data Quality
System Software
1 4 (2.40%) Docker
2 2 (1.20%) VirtualBox
3 1 (0.60%) Apache Flume
3 1 (0.60%) Apache ZooKeeper
Systems Management
1 3 (1.80%) Kubernetes
1 3 (1.80%) Opscode Chef
2 1 (0.60%) Hadoop YARN
2 1 (0.60%) Oozie
Vendors
1 10 (5.99%) Sybase
2 4 (2.40%) Facebook
2 4 (2.40%) Google
3 3 (1.80%) Twitter
4 2 (1.20%) Cloudera
4 2 (1.20%) Hortonworks
4 2 (1.20%) Tableau
5 1 (0.60%) Alteryx
5 1 (0.60%) BT
5 1 (0.60%) MapR
5 1 (0.60%) Microsoft
5 1 (0.60%) Sitecore
Raf Mildenhall, Suffolk
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