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 29 June 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.

PhD
England > London
3 months to
29 Jun 2017
Same period 2016 Same period 2015
Rank 382 386 398
Rank change year-on-year +4 +12  
Contract jobs citing PhD 45 46 38
As % of all contract IT jobs advertised in London 0.22% 0.21% 0.16%
As % of the Qualifications category 1.32% 1.25% 1.05%
Number of daily rates quoted 42 36 28
London median daily rate £625 £600 £600
Median daily rate % change year-on-year +4.16% -  
10th Percentile £514 £428 £411
90th Percentile £813 £763 £775
England median daily rate £620 £500 £600
% change year-on-year +24.00% -16.66%  
Number of hourly rates quoted 1 0 0
London median hourly rate £40.00 - -
England median hourly rate £40.00 - £46.50

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 3411 3681 3624
As % of all contract IT job vacancies advertised in London 16.41% 17.01% 15.48%
Number of daily rates quoted 4527 5250 4476
London median daily rate £475 £451 £425
Median daily rate % change year-on-year +5.43% +6.00%  
10th Percentile £300 £263 £225
90th Percentile £638 £650 £600
England median daily rate £438 £400 £400
% change year-on-year +9.37% -  
Number of hourly rates quoted 164 64 172
London median hourly rate £18.85 £19.02 £24.50
Median hourly rate % change year-on-year -0.86% -22.38%  
10th Percentile £12.88 £12.88 £15.02
90th Percentile £50.00 £33.00 £52.17
England median hourly rate £32.50 £27.80 £22.50
% change year-on-year +16.90% +23.55%  

PhD
Job Vacancy Trend in London

Job postings citing PhD as a percentage of all IT jobs advertised in London.

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 29 June 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 contractor hourly rates quoted in IT jobs citing PhD in London.

Contractor hourly rate trend 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 29 June 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 -7 5 £650 -10.34% 8
PhD
England

For the 6 months to 29 June 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 67 (50.76%) Python
2 64 (48.48%) C++
3 58 (43.94%) Mathematics
4 48 (36.36%) Banking
4 48 (36.36%) Computer Science
5 41 (31.06%) Investment Banking
6 40 (30.30%) R
7 39 (29.55%) SQL
8 36 (27.27%) Finance
9 35 (26.52%) Quantitative Research
10 34 (25.76%) Statistics
11 30 (22.73%) Machine Learning
12 29 (21.97%) Analytics
13 28 (21.21%) Front Office
14 27 (20.45%) Linux
14 27 (20.45%) Degree
15 26 (19.70%) Big Data
16 22 (16.67%) Release Management
16 22 (16.67%) Java
16 22 (16.67%) Apache Spark
17 21 (15.91%) Agile Software Development
18 20 (15.15%) Foreign Exchange (FX)
19 18 (13.64%) Windows
19 18 (13.64%) Analytical Skills
19 18 (13.64%) Tick Data
19 18 (13.64%) Memory Management
19 18 (13.64%) Scala
19 18 (13.64%) Hadoop
20 17 (12.88%) Physics
21 16 (12.12%) C#

PhD
Co-occurring 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 22 (16.67%) Apache Spark
2 4 (3.03%) SAS
3 2 (1.52%) Apache Pig
4 1 (0.76%) Elasticsearch
4 1 (0.76%) Oracle Coherence
Applications
1 14 (10.61%) Spreadsheet
2 2 (1.52%) S-PLUS
2 2 (1.52%) SPSS
3 1 (0.76%) Microsoft Excel
3 1 (0.76%) Weka
Cloud Services
1 3 (2.27%) Google Cloud Platform
1 3 (2.27%) Microsoft Azure
2 2 (1.52%) Amazon AWS
3 1 (0.76%) Amazon EC2
3 1 (0.76%) Amazon S3
3 1 (0.76%) GitHub
Communications & Networking
1 6 (4.55%) TCP/IP
2 1 (0.76%) Internet
Database & Business Intelligence
1 26 (19.70%) Big Data
2 18 (13.64%) Hadoop
2 18 (13.64%) Tick Data
3 10 (7.58%) Data Mining
4 8 (6.06%) NoSQL
4 8 (6.06%) QlikView
5 6 (4.55%) Apache Cassandra
6 5 (3.79%) MongoDB
6 5 (3.79%) Spotfire
7 4 (3.03%) Apache Hive
7 4 (3.03%) Relational Database
8 3 (2.27%) KDB
8 3 (2.27%) PostgreSQL
8 3 (2.27%) RDBMS
9 2 (1.52%) SQL Server
9 2 (1.52%) Text Mining
10 1 (0.76%) Amazon Redshift
10 1 (0.76%) DB2
10 1 (0.76%) GIS
10 1 (0.76%) MySQL
Development Applications
1 6 (4.55%) Git (software)
2 3 (2.27%) JIRA
General
1 48 (36.36%) Banking
2 41 (31.06%) Investment Banking
3 36 (27.27%) Finance
4 28 (21.21%) Front Office
5 7 (5.30%) Marketing
6 3 (2.27%) Retail
7 2 (1.52%) Games
8 1 (0.76%) Advertising
8 1 (0.76%) Financial Institution
8 1 (0.76%) Telecoms
Job Titles
1 72 (54.55%) Developer
2 57 (43.18%) Quantitative Developer
3 37 (28.03%) Data Scientist
4 24 (18.18%) C++ Developer
5 20 (15.15%) Front Office Developer
6 17 (12.88%) Python Developer
7 16 (12.12%) C++ Quantitative Developer
8 11 (8.33%) Analyst
9 9 (6.82%) Qualitative Analyst
9 9 (6.82%) Quantitative Analyst
10 7 (5.30%) Consultant
10 7 (5.30%) Investment Banking C++ Developer
10 7 (5.30%) Java Developer
11 6 (4.55%) Credit Risk C++ Developer
11 6 (4.55%) Credit Risk Developer
11 6 (4.55%) Junior
11 6 (4.55%) Low Latency C++ Developer
12 5 (3.79%) Machine Learning Consultant
12 5 (3.79%) Machine Learning Scientist
13 4 (3.03%) Senior Data Scientist
Libraries, Frameworks & Software Standards
1 13 (9.85%) Natural Language Processing
2 5 (3.79%) D3.js
2 5 (3.79%) JNI
3 3 (2.27%) Kafka
3 3 (2.27%) PySpark
4 2 (1.52%) AngularJS
4 2 (1.52%) NumPy
4 2 (1.52%) REST
5 1 (0.76%) .NET
5 1 (0.76%) Akka
5 1 (0.76%) JMS
5 1 (0.76%) Middleware
5 1 (0.76%) MLlib
5 1 (0.76%) React
5 1 (0.76%) Rendezvous
5 1 (0.76%) scikit-learn
5 1 (0.76%) SciPy
5 1 (0.76%) Sphinx
5 1 (0.76%) Spring
5 1 (0.76%) Unity (Game Engine)
Miscellaneous
1 48 (36.36%) Computer Science
2 20 (15.15%) Foreign Exchange (FX)
3 18 (13.64%) Analytical Skills
4 15 (11.36%) Algorithms
5 13 (9.85%) Credit Risk
5 13 (9.85%) Market Risk
6 8 (6.06%) Hedge funds
7 4 (3.03%) Derivative
7 4 (3.03%) Greenfield Project
8 3 (2.27%) Fintech
9 2 (1.52%) Credit Derivative
9 2 (1.52%) Data Structures
9 2 (1.52%) Equities
9 2 (1.52%) Fixed Income
9 2 (1.52%) User Experience
10 1 (0.76%) Grid Computing
10 1 (0.76%) Linux Command Line
10 1 (0.76%) NHS
10 1 (0.76%) Social Media
10 1 (0.76%) Virtual Team
Operating Systems
1 27 (20.45%) Linux
2 18 (13.64%) Windows
Processes & Methodologies
1 58 (43.94%) Mathematics
2 35 (26.52%) Quantitative Research
3 34 (25.76%) Statistics
4 30 (22.73%) Machine Learning
5 29 (21.97%) Analytics
6 22 (16.67%) Release Management
7 21 (15.91%) Agile Software Development
8 18 (13.64%) Memory Management
9 17 (12.88%) Physics
10 13 (9.85%) OO
10 13 (9.85%) OOP
11 11 (8.33%) Economics
12 10 (7.58%) Business Intelligence
12 10 (7.58%) E-Commerce
12 10 (7.58%) Validation
12 10 (7.58%) Visualisation
13 9 (6.82%) Artificial Intelligence
14 8 (6.06%) Low Latency
14 8 (6.06%) PnL Attribution
15 7 (5.30%) Prototyping
Programming Languages
1 67 (50.76%) Python
2 64 (48.48%) C++
3 40 (30.30%) R
4 39 (29.55%) SQL
5 22 (16.67%) Java
6 18 (13.64%) Scala
7 16 (12.12%) C#
8 10 (7.58%) MATLAB
9 4 (3.03%) C
10 3 (2.27%) JavaScript
11 2 (1.52%) Shell Script
12 1 (0.76%) VBA
Qualifications
1 27 (20.45%) Degree
2 5 (3.79%) Numerate Degree
3 4 (3.03%) Master's Degree
4 2 (1.52%) Postgraduate
5 1 (0.76%) MBA
Quality Assurance & Compliance
1 1 (0.76%) IAS 39
1 1 (0.76%) IFRS
1 1 (0.76%) IFRS 9
1 1 (0.76%) QA
System Software
1 1 (0.76%) Docker
1 1 (0.76%) HDFS
1 1 (0.76%) Platform Symphony
Vendors
1 14 (10.61%) Bloomberg
1 14 (10.61%) Reuters
2 8 (6.06%) Tableau
3 4 (3.03%) Google
3 4 (3.03%) Microsoft
4 2 (1.52%) Alteryx
4 2 (1.52%) Splunk
5 1 (0.76%) Mapinfo
5 1 (0.76%) MicroStrategy
5 1 (0.76%) Oracle
5 1 (0.76%) Teradata
5 1 (0.76%) TIBCO
London
TEKsystems
Rate: £600 - £700 per day
Posted: 2 days ago