Probability Theory
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Probability Theory skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Probability Theory over the 6 months to 24 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
24 Apr 2024
Same period 2023 Same period 2022
Rank 883 966 1176
Rank change year-on-year +83 +210 -276
Permanent jobs citing Probability Theory 11 19 28
As % of all permanent jobs advertised in the UK 0.011% 0.018% 0.018%
As % of the Processes & Methodologies category 0.013% 0.019% 0.019%
Number of salaries quoted 8 9 5
10th Percentile - £66,500 -
25th Percentile £80,000 £67,500 £42,500
Median annual salary (50th Percentile) £80,001 £75,000 £45,000
Median % change year-on-year +6.67% +66.67% +38.46%
75th Percentile £80,001 £82,500 £47,500
90th Percentile £91,251 £84,500 -
UK excluding London median annual salary £80,001 £75,000 -
% change year-on-year +6.67% - -

All Process and Methodology Skills
UK

Probability Theory is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 84,343 100,922 147,129
As % of all permanent jobs advertised in the UK 86.11% 95.64% 95.57%
Number of salaries quoted 59,769 59,097 83,311
10th Percentile £29,000 £34,000 £33,488
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £62,000 £60,000
Median % change year-on-year -11.29% +3.33% +9.09%
75th Percentile £72,500 £82,500 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

Probability Theory
Job Vacancy Trend

Job postings citing Probability Theory as a proportion of all IT jobs advertised.

Job vacancy trend for Probability Theory in the UK

Probability Theory
Salary Trend

3-month moving average salary quoted in jobs citing Probability Theory.

Salary trend for Probability Theory in the UK

Probability Theory
Salary Histogram

Salary distribution for jobs citing Probability Theory over the 6 months to 24 April 2024.

Salary histogram for Probability Theory in the UK

Probability Theory
Top 4 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Probability Theory within the UK over the 6 months to 24 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England +117 11 £80,001 +6.67% 3
East of England +30 7 £80,001 +6.67%
UK excluding London +17 7 £80,001 +6.67% 1
London +157 4 £115,000 +76.92% 2

Probability Theory
Co-occurring Skills and Capabilities by Category

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

Application Platforms
1 2 (18.18%) Apache
1 2 (18.18%) Apache Spark
Cloud Services
1 1 (9.09%) AWS
1 1 (9.09%) Azure
1 1 (9.09%) Azure DevOps
1 1 (9.09%) Azure Event Grid
1 1 (9.09%) Azure Key Vault
1 1 (9.09%) Azure Service Bus
1 1 (9.09%) Power Platform
1 1 (9.09%) PowerApps
Communications & Networking
1 1 (9.09%) Internet
Database & Business Intelligence
1 2 (18.18%) Hadoop
2 1 (9.09%) Data Lake
2 1 (9.09%) NoSQL
Development Applications
1 2 (18.18%) Git
General
1 7 (63.64%) Games
2 3 (27.27%) Finance
3 2 (18.18%) Social Skills
Job Titles
1 7 (63.64%) Machine Learning Researcher
2 2 (18.18%) Developer
2 2 (18.18%) Java Developer
2 2 (18.18%) Java Quantitative Developer
2 2 (18.18%) Quantitative Developer
3 1 (9.09%) Architect
3 1 (9.09%) Enterprise Architect
3 1 (9.09%) Machine Learning Engineer
Libraries, Frameworks & Software Standards
1 7 (63.64%) PyTorch
1 7 (63.64%) TensorFlow
2 2 (18.18%) Apache Commons
3 1 (9.09%) .NET
3 1 (9.09%) .NET Core
3 1 (9.09%) AngularJS
3 1 (9.09%) Hugging Face
3 1 (9.09%) NLTK
3 1 (9.09%) React
3 1 (9.09%) RESTful
3 1 (9.09%) SpaCy
Miscellaneous
1 9 (81.82%) Algorithms
1 9 (81.82%) Distributed Computing
2 7 (63.64%) Blockchain
3 1 (9.09%) Credit Risk
3 1 (9.09%) Management Information System
3 1 (9.09%) Market Risk
Processes & Methodologies
1 9 (81.82%) Statistics
2 8 (72.73%) Machine Learning
2 8 (72.73%) Software Engineering
3 7 (63.64%) Artificial Intelligence
3 7 (63.64%) Cryptography
3 7 (63.64%) Data Visualisation
3 7 (63.64%) Deep Learning
3 7 (63.64%) Differential Privacy
3 7 (63.64%) Game Theory
3 7 (63.64%) Multi-Agent System
3 7 (63.64%) Open Source
3 7 (63.64%) Open Source Development
3 7 (63.64%) Problem-Solving
3 7 (63.64%) Visualisation
4 3 (27.27%) Computer Science
4 3 (27.27%) Mathematics
5 2 (18.18%) Physics
5 2 (18.18%) Quantitative Analysis
5 2 (18.18%) Risk Management
5 2 (18.18%) Stochastic Calculus
Programming Languages
1 11 (100.00%) Python
2 4 (36.36%) C++
3 2 (18.18%) C
3 2 (18.18%) Java
3 2 (18.18%) SQL
4 1 (9.09%) C#
4 1 (9.09%) JavaScript
4 1 (9.09%) TypeScript
Qualifications
1 3 (27.27%) Degree
1 3 (27.27%) Master's Degree
1 3 (27.27%) PhD
2 2 (18.18%) Computer Science Degree
Vendors
1 1 (9.09%) Databricks
1 1 (9.09%) Microsoft