Period
to 28 May 2020

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 28 May 2020 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
28 May 2020
Same period 2019 Same period 2018
Rank 133 212 236
Rank change year-on-year +79 +24 -23
Contract jobs citing Master's Degree 14 27 22
As % of all contract jobs advertised in the City of London 0.45% 0.42% 0.32%
As % of the Qualifications category 2.72% 3.13% 2.36%
Number of daily rates quoted 9 22 11
Median daily rate £475 £625 £483
Median daily rate % change year-on-year -24.00% +29.53% -3.50%
10th Percentile £410 £501 £425
90th Percentile £707 £746 £538
Central London median daily rate £463 £625 £525
% change year-on-year -26.00% +19.05% +18.31%
Number of hourly rates quoted 2 0 1
Median hourly rate £48.89 - £65.00
10th Percentile £44.83 - £62.50
90th Percentile £52.93 - £67.50
Central London median hourly rate £48.89 - £65.00

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 514 863 934
As % of all contract IT jobs advertised in the City of London 16.67% 13.44% 13.53%
Number of daily rates quoted 313 603 677
Median daily rate £500 £513 £500
Median daily rate % change year-on-year -2.44% +2.50% +8.70%
10th Percentile £272 £300 £296
90th Percentile £638 £688 £693
Central London median daily rate £490 £500 £500
% change year-on-year -2.00% - +11.11%
Number of hourly rates quoted 9 12 40
Median hourly rate £35.00 £24.82 £18.70
Median hourly rate % change year-on-year +41.00% +32.74% +4.56%
10th Percentile £20.53 £12.25 £14.23
90th Percentile £52.40 £41.18 £39.48
Median hourly rate £33.75 £21.18 £19.10
% change year-on-year +59.35% +10.89% +7.14%

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

Job postings citing Master's Degree as a proportion 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

3-month moving average daily rate quoted in jobs citing Master's Degree in the City of London.

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

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

Daily rate distribution for jobs citing Master's Degree in the City of London over the 6 months to 28 May 2020.

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

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

3-month moving average hourly rates quoted in jobs citing Master's Degree in the City of London.

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

Master's Degree
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Master's Degree within the City of London region over the 6 months to 28 May 2020. 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Moorgate - 1 £500 -
Master's Degree
Central London

For the 6 months to 28 May 2020, IT contractor jobs citing Master's Degree also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Master's Degree.

1 14 (100.00%) Degree
2 10 (71.43%) Computer Science
3 9 (64.29%) Python
4 7 (50.00%) Agile Software Development
5 6 (42.86%) Java
5 6 (42.86%) Physics
5 6 (42.86%) Algorithms
5 6 (42.86%) Computer Science Degree
6 5 (35.71%) Analytical Skills
6 5 (35.71%) Microservices
6 5 (35.71%) Apache Spark
6 5 (35.71%) Big Data
6 5 (35.71%) Pandas
6 5 (35.71%) Mathematics
7 4 (28.57%) Multithreading
7 4 (28.57%) Use Case
7 4 (28.57%) Open Source
7 4 (28.57%) AWS
7 4 (28.57%) SciPy
7 4 (28.57%) Functional Programming
7 4 (28.57%) Machine Learning
7 4 (28.57%) GCP
7 4 (28.57%) TensorFlow
7 4 (28.57%) MLlib
7 4 (28.57%) JavaScript
7 4 (28.57%) PhD
7 4 (28.57%) Artificial Intelligence
7 4 (28.57%) Finance
7 4 (28.57%) Data Science
7 4 (28.57%) H2O

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 5 (35.71%) Apache Spark
2 1 (7.14%) Apache
2 1 (7.14%) Confluence
2 1 (7.14%) DNN
2 1 (7.14%) SharePoint
Cloud Services
1 4 (28.57%) AWS
1 4 (28.57%) GCP
2 3 (21.43%) Azure
3 1 (7.14%) GitHub
3 1 (7.14%) Office 365
3 1 (7.14%) OneDrive
Communications & Networking
1 2 (14.29%) HTTP
2 1 (7.14%) NAS
Database & Business Intelligence
1 5 (35.71%) Big Data
2 3 (21.43%) SQL Server
3 2 (14.29%) Relational Database
4 1 (7.14%) Flink
4 1 (7.14%) Hadoop
4 1 (7.14%) MySQL
4 1 (7.14%) Parquet
4 1 (7.14%) RDBMS
Development Applications
1 2 (14.29%) Clang
2 1 (7.14%) Atlassian Bamboo
2 1 (7.14%) Cucumber
2 1 (7.14%) Git (software)
2 1 (7.14%) Jenkins
2 1 (7.14%) JIRA
2 1 (7.14%) Maven
2 1 (7.14%) Oracle Forms
2 1 (7.14%) Postman
2 1 (7.14%) Selenium
General
1 4 (28.57%) Finance
2 1 (7.14%) Banking
2 1 (7.14%) Financial Institution
2 1 (7.14%) Investment Banking
2 1 (7.14%) Retail
2 1 (7.14%) Telecoms
Job Titles
1 4 (28.57%) Data Scientist
1 4 (28.57%) Developer
2 2 (14.29%) Analyst
2 2 (14.29%) Java Developer
2 2 (14.29%) Machine Learning Scientist
3 1 (7.14%) .NET Developer
3 1 (7.14%) Business Analyst
3 1 (7.14%) Compiler Engineer
3 1 (7.14%) Consultant
3 1 (7.14%) Digital Project Manager
3 1 (7.14%) Haskell Engineer
3 1 (7.14%) Java Consultant
3 1 (7.14%) Project Manager
3 1 (7.14%) Python Developer
3 1 (7.14%) Quantitative Developer
3 1 (7.14%) Service Analyst
3 1 (7.14%) Software Engineer
3 1 (7.14%) Test Analyst
Libraries, Frameworks & Software Standards
1 5 (35.71%) Pandas
2 4 (28.57%) H2O
2 4 (28.57%) MLlib
2 4 (28.57%) SciPy
2 4 (28.57%) TensorFlow
3 3 (21.43%) .NET
4 2 (14.29%) REST
4 2 (14.29%) Spring
5 1 (7.14%) .NET Framework
5 1 (7.14%) AngularJS
5 1 (7.14%) Apache Avro
5 1 (7.14%) ASP.NET
5 1 (7.14%) D3.js
5 1 (7.14%) FIX Protocol
5 1 (7.14%) HTML
5 1 (7.14%) HTML5
5 1 (7.14%) JDBC
5 1 (7.14%) JMS
5 1 (7.14%) React
5 1 (7.14%) Samza
Miscellaneous
1 6 (42.86%) Algorithms
2 5 (35.71%) Analytical Skills
3 3 (21.43%) Data Structures
4 1 (7.14%) Client/Server
4 1 (7.14%) Credit Risk
4 1 (7.14%) Enterprise Software
4 1 (7.14%) Fixed Income
4 1 (7.14%) Greenfield Project
4 1 (7.14%) Hedge funds
4 1 (7.14%) Management Information System
4 1 (7.14%) Market Risk
4 1 (7.14%) Self-Motivation
4 1 (7.14%) Social Media
4 1 (7.14%) Social Network
4 1 (7.14%) User Experience
Operating Systems
1 2 (14.29%) Linux
1 2 (14.29%) Windows
2 1 (7.14%) Windows Server
Processes & Methodologies
1 10 (71.43%) Computer Science
2 7 (50.00%) Agile Software Development
3 6 (42.86%) Physics
4 5 (35.71%) Mathematics
4 5 (35.71%) Microservices
5 4 (28.57%) Artificial Intelligence
5 4 (28.57%) Data Science
5 4 (28.57%) Functional Programming
5 4 (28.57%) Machine Learning
5 4 (28.57%) Multithreading
5 4 (28.57%) Open Source
5 4 (28.57%) Use Case
6 3 (21.43%) Project Management
6 3 (21.43%) Risk Management
6 3 (21.43%) TDD
7 2 (14.29%) Continuous Integration
7 2 (14.29%) Data Analysis
7 2 (14.29%) Software Engineering
8 1 (7.14%) Stress Testing
8 1 (7.14%) Unit Testing
Programming Languages
1 9 (64.29%) Python
2 6 (42.86%) Java
3 4 (28.57%) JavaScript
4 2 (14.29%) C#
4 2 (14.29%) C++
4 2 (14.29%) Haskell
4 2 (14.29%) Java 8
4 2 (14.29%) Objective-C
4 2 (14.29%) SQL
5 1 (7.14%) C
5 1 (7.14%) F#
5 1 (7.14%) Scala
Qualifications
1 14 (100.00%) Degree
2 6 (42.86%) Computer Science Degree
3 4 (28.57%) PhD
4 1 (7.14%) ISEB
4 1 (7.14%) ISTQB
4 1 (7.14%) ISTQB Foundation Certification
4 1 (7.14%) MBA
4 1 (7.14%) Numerate Degree
Quality Assurance & Compliance
1 1 (7.14%) GDPR
System Software
1 1 (7.14%) Active Directory
1 1 (7.14%) DFS Replication
Vendors
1 2 (14.29%) Microsoft
1 2 (14.29%) Oracle
2 1 (7.14%) Google
2 1 (7.14%) MapR
2 1 (7.14%) Varonis