The following table provides summary statistics for contract job vacancies advertised in London with a requirement for PhD qualifications. Included is a benchmarking guide to the contractor rates offered over the 3 months to 25 March 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
PhD
England / London
Rank 313 354 396
Rank change year-on-year +41 +42  
Contract jobs citing PhD 93 86 24
As % of all contract IT jobs advertised in London 0.48% 0.39% 0.11%
As % of the Qualifications category 2.79% 2.23% 0.68%
Number of daily rates quoted 73 59 19
Median daily rate £620 £700 £400
Median daily rate % change year-on-year -11.42% +75.00%  
90% offered a daily rate of more than £475 £525 £336
10% offered a daily rate of more than £750 £1,100 £680
UK excluding London median daily rate £425 £325 £301
% change year-on-year +30.76% +8.15%  
Number of hourly rates quoted 2 0 0
Median hourly rate £44.50 - -
UK excluding London median hourly rate £24.50 - £37.50

PhD is in the academic qualifications and professional certifications category. The following table is for comparison with the above and provides summary statistics for all academic qualifications and professional certifications cited in contract job vacancies advertised in London.

Academic & Professional Certification
London
Contract job vacancies requiring academic qualifications or professional certifications 3339 3862 3532
As % of all contract IT job vacancies advertised in London 17.15% 17.45% 16.78%
Number of daily rates quoted 2262 2725 2316
Median daily rate £450 £450 £413
Median daily rate % change year-on-year - +9.09%  
90% offered a daily rate of more than £300 £275 £240
10% offered a daily rate of more than £600 £603 £575
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 62 49 84
Median hourly rate £40.00 £17.50 £21.38
Median hourly rate % change year-on-year +128.57% -18.12%  
90% offered a hourly rate of more than £14.50 £12.75 £12.50
10% offered a hourly rate of more than £50.00 £42.85 £50.00
UK excluding London median hourly rate £29.25 £40.00 £22.50
% change year-on-year -26.87% +77.77%  

PhD
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing PhD as a proportion of all contract or permanent IT jobs with a match in the Qualifications category.

Job vacancy trend for PhD in London

PhD
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for PhD in London

PhD
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing PhD in London over the 3 months to 25 March 2017.

Contractor daily rate histogram for PhD in London

PhD
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for PhD in London

PhD
Contractor Hourly Rate Histogram in London

The hourly rate distribution of IT jobs citing PhD in London over the 3 months to 25 March 2017.

Contractor hourly rate histogram for PhD in London

PhD
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing PhD within the London region over the 3 months to 25 March 2017. 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 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
City of London -3 12 £555 -23.44% 10
PhD
England

PhD
Top 30 Related IT Skills in London

For the 6 months to 25 March 2017, 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 across the London region with a requirement for PhD.

1 101 (57.71%) Python
2 81 (46.29%) Mathematics
3 71 (40.57%) R
4 69 (39.43%) C++
5 63 (36.00%) Statistics
5 63 (36.00%) Analytics
6 59 (33.71%) Computer Science
6 59 (33.71%) Banking
7 50 (28.57%) SQL
7 50 (28.57%) Big Data
8 48 (27.43%) Investment Banking
9 45 (25.71%) Front Office
10 43 (24.57%) Agile Software Development
10 43 (24.57%) Hadoop
11 41 (23.43%) Finance
12 40 (22.86%) Scala
13 39 (22.29%) Machine Learning
14 37 (21.14%) Degree
15 36 (20.57%) Apache Spark
16 32 (18.29%) Java
17 28 (16.00%) Foreign Exchange (FX)
18 27 (15.43%) Linux
19 26 (14.86%) Algorithms
20 25 (14.29%) Analytical Skills
21 23 (13.14%) C#
22 22 (12.57%) Windows
22 22 (12.57%) MATLAB
22 22 (12.57%) Tick Data
22 22 (12.57%) Release Management
22 22 (12.57%) Memory Management

PhD
Top Related IT Skills in 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 36 (20.57%) Apache Spark
2 6 (3.43%) Apache Pig
3 4 (2.29%) Apache
4 3 (1.71%) SAS
5 1 (0.57%) Apache Airflow
5 1 (0.57%) Elasticsearch
Applications
1 20 (11.43%) Spreadsheet
2 4 (2.29%) LaTeX
2 4 (2.29%) SPSS
3 3 (1.71%) Doxygen
4 2 (1.14%) MS Excel
5 1 (0.57%) Weka
Business Applications
1 2 (1.14%) SAP Oil and Gas
Cloud Services
1 13 (7.43%) Amazon AWS
2 4 (2.29%) GitHub
3 3 (1.71%) Microsoft Azure
4 2 (1.14%) Amazon S3
5 1 (0.57%) Amazon EC2
5 1 (0.57%) Amazon Kinesis
5 1 (0.57%) AWS Lambda
5 1 (0.57%) IBM Cloud
Communications & Networking
1 1 (0.57%) Internet
Database & Business Intelligence
1 50 (28.57%) Big Data
2 43 (24.57%) Hadoop
3 22 (12.57%) Tick Data
4 17 (9.71%) NoSQL
5 15 (8.57%) MongoDB
6 12 (6.86%) Apache Hive
6 12 (6.86%) Data Mining
6 12 (6.86%) PostgreSQL
6 12 (6.86%) RDBMS
6 12 (6.86%) Relational Database
7 10 (5.71%) Apache Cassandra
7 10 (5.71%) QlikView
8 5 (2.86%) Spotfire
9 4 (2.29%) HBase
10 3 (1.71%) Data Lake
10 3 (1.71%) Flink
10 3 (1.71%) KDB
10 3 (1.71%) Neo4j
11 2 (1.14%) Amazon Redshift
11 2 (1.14%) Enterprise Data Warehouse
Development Applications
1 14 (8.00%) Git (software)
2 9 (5.14%) JIRA
3 3 (1.71%) Jenkins
General
1 59 (33.71%) Banking
2 48 (27.43%) Investment Banking
3 45 (25.71%) Front Office
4 41 (23.43%) Finance
5 9 (5.14%) Marketing
6 4 (2.29%) Financial Institution
7 3 (1.71%) Retail
8 2 (1.14%) Electronics
8 2 (1.14%) Games
8 2 (1.14%) Manufacturing
8 2 (1.14%) Telecoms
9 1 (0.57%) Advertising
Job Titles
1 76 (43.43%) Developer
2 50 (28.57%) Data Scientist
3 49 (28.00%) Quantitative Developer
4 32 (18.29%) Analyst
5 25 (14.29%) C++ Developer
6 20 (11.43%) Python Developer
7 19 (10.86%) Qualitative Analyst
7 19 (10.86%) Quantitative Analyst
8 15 (8.57%) Front Office Developer
9 13 (7.43%) Risk Analyst
10 11 (6.29%) C++ Quantitative Developer
10 11 (6.29%) Data Analyst
10 11 (6.29%) Data Engineer
11 10 (5.71%) Machine Learning Scientist
12 9 (5.14%) Analyst Developer
12 9 (5.14%) Big Data Engineer
12 9 (5.14%) Hadoop Engineer
13 7 (4.00%) Risk Data Analyst
13 7 (4.00%) SQL Analyst
13 7 (4.00%) SQL Data Analyst
Libraries, Frameworks & Software Standards
1 13 (7.43%) Natural Language Processing
1 13 (7.43%) Pandas
1 13 (7.43%) scikit-learn
2 10 (5.71%) NumPy
3 9 (5.14%) SciPy
4 6 (3.43%) Kafka
5 5 (2.86%) D3.js
6 4 (2.29%) Akka
7 3 (1.71%) AngularJS
7 3 (1.71%) Middleware
8 1 (0.57%) .NET
8 1 (0.57%) MLlib
8 1 (0.57%) React
8 1 (0.57%) REST
8 1 (0.57%) TensorFlow
Miscellaneous
1 59 (33.71%) Computer Science
2 28 (16.00%) Foreign Exchange (FX)
3 26 (14.86%) Algorithms
4 25 (14.29%) Analytical Skills
5 15 (8.57%) Market Risk
6 11 (6.29%) Credit Risk
6 11 (6.29%) Derivative
7 9 (5.14%) Fintech
8 6 (3.43%) Credit Derivative
9 4 (2.29%) User Experience
10 3 (1.71%) Fixed Income
10 3 (1.71%) Social Media
11 2 (1.14%) Equities
11 2 (1.14%) Wiki
12 1 (0.57%) Clustering
12 1 (0.57%) Data Structures
12 1 (0.57%) FMCG
12 1 (0.57%) Life Science
12 1 (0.57%) NHS
12 1 (0.57%) Social Network
Operating Systems
1 27 (15.43%) Linux
2 22 (12.57%) Windows
3 1 (0.57%) Unix
Processes & Methodologies
1 81 (46.29%) Mathematics
2 63 (36.00%) Analytics
2 63 (36.00%) Statistics
3 43 (24.57%) Agile Software Development
4 39 (22.29%) Machine Learning
5 22 (12.57%) Memory Management
5 22 (12.57%) Release Management
6 21 (12.00%) OO
7 18 (10.29%) Business Intelligence
7 18 (10.29%) Scrum
8 17 (9.71%) Open Source
9 14 (8.00%) PnL Attribution
10 13 (7.43%) Visualisation
11 12 (6.86%) Artificial Intelligence
11 12 (6.86%) Data Analytics
11 12 (6.86%) E-Commerce
11 12 (6.86%) TDD
12 11 (6.29%) Economics
12 11 (6.29%) Quantitative Finance
13 10 (5.71%) Applied Mathematics
Programming Languages
1 101 (57.71%) Python
2 71 (40.57%) R
3 69 (39.43%) C++
4 50 (28.57%) SQL
5 40 (22.86%) Scala
6 32 (18.29%) Java
7 23 (13.14%) C#
8 22 (12.57%) MATLAB
9 8 (4.57%) Go
9 8 (4.57%) Rust
10 4 (2.29%) C
10 4 (2.29%) JavaScript
11 3 (1.71%) Shell Script
11 3 (1.71%) VBA
12 2 (1.14%) Clojure
13 1 (0.57%) Assembly Language
13 1 (0.57%) Haskell
13 1 (0.57%) Julia
13 1 (0.57%) Lisp
13 1 (0.57%) ML
Qualifications
1 37 (21.14%) Degree
2 2 (1.14%) Postgraduate
3 1 (0.57%) MBA
System Software
1 3 (1.71%) HDFS
2 1 (0.57%) Docker
Systems Management
1 4 (2.29%) Hadoop YARN
2 3 (1.71%) Puppet
Vendors
1 20 (11.43%) Bloomberg
1 20 (11.43%) Reuters
2 15 (8.57%) Tableau
3 8 (4.57%) Google
4 7 (4.00%) Hortonworks
5 4 (2.29%) Alteryx
6 3 (1.71%) Cloudera
6 3 (1.71%) IBM
6 3 (1.71%) MuleSoft
6 3 (1.71%) Splunk
7 2 (1.14%) SAP
8 1 (0.57%) MicroStrategy
8 1 (0.57%) Snowplow
City, London
Harrington Starr
Rate: £500 - £550 per day
Posted: 2 days ago
London
Client Server
Rate: £350 - £375 per day
Posted: 23 days ago
London
Practicus Ltd
Posted: 3 days ago