Period
to 25 October 2021

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 25 October 2021 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
25 Oct 2021
Same period 2020 Same period 2019
Rank 172 - 208
Rank change year-on-year - +208 +24
Contract jobs citing Master's Degree 5 0 24
As % of all contract jobs advertised in the City of London 0.13% - 0.40%
As % of the Qualifications category 1.01% - 2.86%
Number of daily rates quoted 2 0 14
10th Percentile £602 " £457
25th Percentile £605 " £489
Median daily rate (50th Percentile) £620 - £555
75th Percentile £645 " £613
90th Percentile £654 " £685
Central London median daily rate £600 - £525

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 493 332 839
As % of all contract IT jobs advertised in the City of London 12.65% 18.51% 14.12%
Number of daily rates quoted 346 237 654
10th Percentile £310 £306 £300
25th Percentile £413 £413 £410
Median daily rate (50th Percentile) £534 £513 £500
Median % change year-on-year +4.15% +2.50% +4.17%
75th Percentile £635 £588 £613
90th Percentile £688 £650 £698
Central London median daily rate £540 £500 £500
% change year-on-year +8.00% - +2.56%
Number of hourly rates quoted 10 8 11
10th Percentile £17.58 £23.58 £10.50
25th Percentile £22.50 £32.50 £12.75
Median hourly rate £30.00 £36.75 £20.50
Median % change year-on-year -18.37% +79.27% +9.63%
75th Percentile £35.25 £40.94 £38.51
90th Percentile £44.98 £46.00 £52.25
Central London median hourly rate £28.00 £35.75 £22.50
% change year-on-year -21.68% +58.89% +20.32%

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
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

For the 6 months to 25 October 2021, 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 5 (100.00%) Degree
2 4 (80.00%) Computer Science
3 3 (60.00%) Python
3 3 (60.00%) Finance
4 2 (40.00%) Banking
4 2 (40.00%) Risk Management
4 2 (40.00%) Business Analysis
4 2 (40.00%) Microsoft
4 2 (40.00%) R
4 2 (40.00%) Analytics
4 2 (40.00%) Azure
4 2 (40.00%) Computer Science Degree
4 2 (40.00%) Data Science
4 2 (40.00%) Problem-Solving
5 1 (20.00%) Azure ExpressRoute
5 1 (20.00%) Power Platform
5 1 (20.00%) Product Roadmap
5 1 (20.00%) Project Delivery
5 1 (20.00%) Windows Server 2016
5 1 (20.00%) Entity Linking
5 1 (20.00%) Social Skills
5 1 (20.00%) Collibra
5 1 (20.00%) Infrastructure Maintenance
5 1 (20.00%) Rapid Prototyping
5 1 (20.00%) JSON
5 1 (20.00%) Application Packaging
5 1 (20.00%) Data Transformation
5 1 (20.00%) Cybersecurity
5 1 (20.00%) ServiceNow
5 1 (20.00%) Deep Learning

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 1 (20.00%) SharePoint
Applications
1 1 (20.00%) Microsoft Excel
Cloud Services
1 2 (40.00%) Azure
2 1 (20.00%) Azure ExpressRoute
2 1 (20.00%) Collibra
2 1 (20.00%) IaaS
2 1 (20.00%) Power Platform
Communications & Networking
1 1 (20.00%) HTTP
1 1 (20.00%) TCP/IP
Database & Business Intelligence
1 1 (20.00%) Data Lake
1 1 (20.00%) Data Mining
1 1 (20.00%) Neo4j
1 1 (20.00%) Parquet
1 1 (20.00%) Power BI
1 1 (20.00%) Tableau
General
1 3 (60.00%) Finance
2 2 (40.00%) Banking
3 1 (20.00%) Analytical Skills
3 1 (20.00%) Investment Banking
3 1 (20.00%) Social Skills
Job Titles
1 1 (20.00%) Architect
1 1 (20.00%) Data Engineer
1 1 (20.00%) Data Scientist
1 1 (20.00%) Developer
1 1 (20.00%) Python Developer
1 1 (20.00%) SCCM Engineer
1 1 (20.00%) Senior Data Engineer
1 1 (20.00%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (20.00%) JSON
1 1 (20.00%) RESTful
1 1 (20.00%) SOAP
Miscellaneous
1 1 (20.00%) Video Conferencing
1 1 (20.00%) Virtual Team
Operating Systems
1 1 (20.00%) Windows
1 1 (20.00%) Windows 10
1 1 (20.00%) Windows Server
1 1 (20.00%) Windows Server 2012
1 1 (20.00%) Windows Server 2016
Processes & Methodologies
1 4 (80.00%) Computer Science
2 2 (40.00%) Analytics
2 2 (40.00%) Business Analysis
2 2 (40.00%) Data Science
2 2 (40.00%) Problem-Solving
2 2 (40.00%) Risk Management
3 1 (20.00%) Data Ingestion
3 1 (20.00%) Disk Encryption
3 1 (20.00%) Entity Linking
3 1 (20.00%) Infrastructure Maintenance
3 1 (20.00%) Neural Network
3 1 (20.00%) Product Roadmap
3 1 (20.00%) Project Delivery
3 1 (20.00%) Prototyping
3 1 (20.00%) Quantitative Finance
3 1 (20.00%) Regulatory Compliance
3 1 (20.00%) Reinforcement Learning
3 1 (20.00%) Statistical Analysis
3 1 (20.00%) Statistics
3 1 (20.00%) Workflow Management
Programming Languages
1 3 (60.00%) Python
2 2 (40.00%) R
3 1 (20.00%) PowerShell
3 1 (20.00%) SQL
3 1 (20.00%) VBScript
Qualifications
1 5 (100.00%) Degree
2 2 (40.00%) Computer Science Degree
3 1 (20.00%) PhD
Quality Assurance & Compliance
1 1 (20.00%) SNOMED CT
System Software
1 1 (20.00%) Active Directory
1 1 (20.00%) BitLocker
1 1 (20.00%) Microsoft App-V
1 1 (20.00%) Virtual Desktop
1 1 (20.00%) Virtual Machines
1 1 (20.00%) VMware Infrastructure
1 1 (20.00%) XenApp
1 1 (20.00%) XenDesktop
Systems Management
1 1 (20.00%) SCCM
Vendors
1 2 (40.00%) Microsoft
2 1 (20.00%) Citrix
2 1 (20.00%) Databricks
2 1 (20.00%) MuleSoft
2 1 (20.00%) ServiceNow
2 1 (20.00%) VMware