Period
to 14 December 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Master's Degree qualifications. Included is a benchmarking guide to the contractor rates offered over the 6 months to 14 December 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Master's Degree
Central London > City of London
6 months to
14 Dec 2017
Same period 2016 Same period 2015
Rank 237 210 238
Rank change year-on-year -27 +28 +44
Contract jobs citing Master's Degree 18 26 29
As % of all contract IT jobs advertised in the City of London 0.25% 0.40% 0.34%
As % of the Qualifications category 1.76% 2.61% 2.24%
Number of daily rates quoted 16 18 23
City of London median daily rate £500 £475 £660
Median daily rate % change year-on-year +5.26% -28.03% +18.65%
10th Percentile £380 £276 £396
90th Percentile £606 £690 £713
Central London median daily rate £500 £475 £648
% change year-on-year +5.26% -26.64% +16.40%
Number of hourly rates quoted 1 0 1
City of London median hourly rate £34.36 - £19.50
Central London median hourly rate £34.93 - £19.50

Master's Degree is in the Academic Qualifications and Professional Certifications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for academic qualifications or professional certifications.

All Academic and Professional Certifications
City of London
Contract vacancies requiring academic qualifications or professional certifications 1020 996 1292
As % of all contract IT jobs advertised in the City of London 14.19% 15.22% 15.27%
Number of daily rates quoted 725 691 947
City of London median daily rate £500 £450 £450
Median daily rate % change year-on-year +11.11% - +5.88%
10th Percentile £299 £275 £262
90th Percentile £675 £625 £638
Central London median daily rate £475 £450 £450
% change year-on-year +5.56% - +5.88%
Number of hourly rates quoted 25 13 25
City of London median hourly rate £18.70 £19.00 £18.70
Median hourly rate % change year-on-year -1.58% +1.60% +24.67%
10th Percentile £13.31 £16.16 £11.20
90th Percentile £29.86 £30.00 £26.80
Central London median hourly rate £20.75 £19.00 £18.35
% change year-on-year +9.21% +3.54% +7.94%

Master's Degree
Job Vacancy Trend in the City of London

Job postings citing Master's Degree as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Master's Degree in the City of London

Master's Degree
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Master's Degree in the City of London.

Contractor daily rate trend for Master's Degree in the City of London

Master's Degree
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Master's Degree in the City of London over the 6 months to 14 December 2017.

Contractor daily rate histogram for Master's Degree in the City of London

Master's Degree
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Master's Degree in the City of London.

Contractor hourly rate trend for Master's Degree in the City of London

For the 6 months to 14 December 2017, IT contractor jobs citing Master's Degree also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Master's Degree.

1 18 (100.00%) Degree
2 13 (72.22%) Finance
3 10 (55.56%) SQL
4 9 (50.00%) Banking
5 7 (38.89%) Agile Software Development
5 7 (38.89%) Unix
5 7 (38.89%) Python
5 7 (38.89%) Bash Shell
6 6 (33.33%) Java
7 5 (27.78%) MVC
7 5 (27.78%) Hibernate
7 5 (27.78%) Scrum
7 5 (27.78%) TDD
7 5 (27.78%) Spring
7 5 (27.78%) Maven
7 5 (27.78%) Investment Banking
7 5 (27.78%) XPath
7 5 (27.78%) JMS
7 5 (27.78%) RDBMS
7 5 (27.78%) Linux
7 5 (27.78%) Oracle
7 5 (27.78%) Web Services
7 5 (27.78%) XML
7 5 (27.78%) XSD
7 5 (27.78%) Groovy
7 5 (27.78%) TeamCity
7 5 (27.78%) Git (software)
7 5 (27.78%) Scala
7 5 (27.78%) REST
7 5 (27.78%) Analytics

Master's Degree
Co-occurring IT Skills in the City of London 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 2 (11.11%) Apache Spark
1 2 (11.11%) OpenStack
2 1 (5.56%) Skype for Business
Applications
1 2 (11.11%) SPSS
1 2 (11.11%) Weka
2 1 (5.56%) Microsoft Excel
2 1 (5.56%) Microsoft Office
2 1 (5.56%) Microsoft PowerPoint
Cloud Services
1 1 (5.56%) G Suite
1 1 (5.56%) Google Cloud Platform
1 1 (5.56%) IaaS
1 1 (5.56%) Office 365
1 1 (5.56%) PaaS
Communications & Networking
1 1 (5.56%) Skype
Database & Business Intelligence
1 5 (27.78%) RDBMS
1 5 (27.78%) Relational Database
2 2 (11.11%) Data Mining
2 2 (11.11%) KNIME
2 2 (11.11%) STATISTICA
3 1 (5.56%) Big Data
3 1 (5.56%) Data Lake
Development Applications
1 5 (27.78%) Git (software)
1 5 (27.78%) Gradle
1 5 (27.78%) Maven
1 5 (27.78%) TeamCity
General
1 13 (72.22%) Finance
2 9 (50.00%) Banking
3 5 (27.78%) Investment Banking
4 1 (5.56%) Legal
4 1 (5.56%) Marketing
4 1 (5.56%) Retail
Job Titles
1 6 (33.33%) Developer
1 6 (33.33%) Java Developer
2 5 (27.78%) Investment Banking Java Developer
2 5 (27.78%) Linux Developer
2 5 (27.78%) Senior Developer
2 5 (27.78%) Senior Investment Banking Java Developer
2 5 (27.78%) Senior Java Developer
2 5 (27.78%) Unix Developer
3 3 (16.67%) Analyst
3 3 (16.67%) Business Analyst
3 3 (16.67%) Designer
3 3 (16.67%) Senior Analyst
3 3 (16.67%) Senior Business Analyst
3 3 (16.67%) Senior Designer
4 2 (11.11%) Consultant
4 2 (11.11%) Data Scientist
4 2 (11.11%) Senior UX Designer
4 2 (11.11%) UX Designer
5 1 (5.56%) Cloud Consultant
5 1 (5.56%) User Experience Researcher
Libraries, Frameworks & Software Standards
1 5 (27.78%) Hibernate
1 5 (27.78%) JMS
1 5 (27.78%) REST
1 5 (27.78%) Spring
1 5 (27.78%) Web Services
1 5 (27.78%) XML
1 5 (27.78%) XSD
2 2 (11.11%) ggplot
2 2 (11.11%) Lucene
2 2 (11.11%) Matplotlib
2 2 (11.11%) Natural Language Processing
2 2 (11.11%) NumPy
2 2 (11.11%) Pandas
2 2 (11.11%) scikit-learn
2 2 (11.11%) SciPy
3 1 (5.56%) AngularJS
3 1 (5.56%) jQuery
Miscellaneous
1 4 (22.22%) User Experience
2 3 (16.67%) Computer Science
2 3 (16.67%) Market Risk
3 1 (5.56%) Analytical Mindset
3 1 (5.56%) Analytical Skills
3 1 (5.56%) Cybercrime
3 1 (5.56%) Cyberthreat
3 1 (5.56%) Learning Management System
Operating Systems
1 7 (38.89%) Unix
2 5 (27.78%) Linux
3 1 (5.56%) Windows
3 1 (5.56%) Windows 10
Processes & Methodologies
1 7 (38.89%) Agile Software Development
2 5 (27.78%) Analytics
2 5 (27.78%) MVC
2 5 (27.78%) Scrum
2 5 (27.78%) SDLC
2 5 (27.78%) TDD
3 4 (22.22%) IT Strategy
3 4 (22.22%) User Acceptance Testing
3 4 (22.22%) Visualisation
4 3 (16.67%) Change Control
4 3 (16.67%) Data Architecture
4 3 (16.67%) Risk Analytics
4 3 (16.67%) Stakeholder Engagement
4 3 (16.67%) Use Case
5 2 (11.11%) Data Analysis
5 2 (11.11%) Data Munging
5 2 (11.11%) Information Architecture
5 2 (11.11%) Information Retrieval
5 2 (11.11%) Machine Learning
5 2 (11.11%) Project Management
Programming Languages
1 10 (55.56%) SQL
2 7 (38.89%) Bash Shell
2 7 (38.89%) Python
3 6 (33.33%) Java
4 5 (27.78%) Groovy
4 5 (27.78%) Scala
4 5 (27.78%) XPath
5 2 (11.11%) AWK
5 2 (11.11%) sed
6 1 (5.56%) R
Qualifications
1 18 (100.00%) Degree
2 1 (5.56%) CISA
2 1 (5.56%) CISSP
2 1 (5.56%) Computer Science Degree
2 1 (5.56%) MBA
2 1 (5.56%) MCT
2 1 (5.56%) Microsoft Certification
2 1 (5.56%) Numerate Degree
Quality Assurance & Compliance
1 1 (5.56%) GCP
Vendors
1 5 (27.78%) Oracle
2 2 (11.11%) Tableau
3 1 (5.56%) Google
3 1 (5.56%) Microsoft