Period
to 27 February 2021

The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for Master's Degree qualifications. Included is a benchmarking guide to the salaries offered over the 6 months to 27 February 2021 with a comparison to the same period in the previous 2 years.

Master's Degree
Central London > City of London
6 months to
27 Feb 2021
Same period 2020 Same period 2019
Rank 179 207 286
Rank change year-on-year +28 +79 0
Permanent jobs citing Master's Degree 46 90 41
As % of all permanent jobs advertised in the City of London 0.99% 1.00% 0.39%
As % of the Qualifications category 5.17% 5.43% 1.88%
Number of salaries quoted 48 73 34
Median annual salary £62,500 £75,000 £75,000
Median salary % change year-on-year -16.67% - -
10th Percentile £47,125 £52,500 £48,475
90th Percentile £95,000 £120,000 £92,500
Central London median annual salary £62,500 £77,500 £70,000
% change year-on-year -19.35% +10.71% +3.70%

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 permanent 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
Permanent vacancies requiring academic qualifications or professional certifications 890 1,657 2,177
As % of all permanent IT jobs advertised in the City of London 19.11% 18.34% 20.89%
Number of salaries quoted 751 1,455 1,871
Median annual salary £70,000 £62,500 £60,000
Median salary % change year-on-year +12.00% +4.17% +3.45%
10th Percentile £43,750 £30,780 £32,500
90th Percentile £93,750 £95,000 £93,750
Central London median annual salary £68,000 £62,500 £60,000
% change year-on-year +8.80% +4.17% +4.35%

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
Salary Trend in the City of London

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

Salary trend for Master's Degree in the City of London

Master's Degree
Salary Histogram in the City of London

Salary distribution for jobs citing Master's Degree in the City of London over the 6 months to 27 February 2021.

Salary histogram for Master's Degree in the City of London

For the 6 months to 27 February 2021, IT 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 permanent job ads across the City of London region with a requirement for Master's Degree.

1 46 (100.00%) Degree
2 28 (60.87%) Computer Science
3 26 (56.52%) Python
4 25 (54.35%) Finance
5 20 (43.48%) Machine Learning
5 20 (43.48%) Computer Science Degree
6 18 (39.13%) PhD
7 17 (36.96%) C#
7 17 (36.96%) Artificial Intelligence
8 14 (30.43%) Mathematics
8 14 (30.43%) Physics
8 14 (30.43%) Foreign Exchange (FX)
9 13 (28.26%) Data Science
10 12 (26.09%) Risk Management
10 12 (26.09%) Advertising
11 11 (23.91%) Validation
11 11 (23.91%) Equities
11 11 (23.91%) Java
11 11 (23.91%) Exotic Derivative
11 11 (23.91%) MiFID
11 11 (23.91%) Market Risk
11 11 (23.91%) Stochastic Calculus
11 11 (23.91%) Financial Modelling
11 11 (23.91%) EMIR
11 11 (23.91%) Dodd-Frank
12 10 (21.74%) Deep Learning
12 10 (21.74%) Neural Network
12 10 (21.74%) Statistics
13 9 (19.57%) Azure
14 8 (17.39%) AWS

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 3 (6.52%) Apache Spark
1 3 (6.52%) SAS
2 1 (2.17%) Mule
Applications
1 2 (4.35%) Microsoft Excel
1 2 (4.35%) Microsoft Office
1 2 (4.35%) Microsoft PowerPoint
Business Applications
1 8 (17.39%) FINCAD Analytics
Cloud Services
1 9 (19.57%) Azure
2 8 (17.39%) AWS
3 7 (15.22%) GCP
4 4 (8.70%) GitHub
4 4 (8.70%) Power Platform
5 2 (4.35%) SaaS
Database & Business Intelligence
1 6 (13.04%) SQL Server
2 4 (8.70%) Oracle Database
2 4 (8.70%) Power BI
3 3 (6.52%) Big Data
3 3 (6.52%) Data Mining
3 3 (6.52%) Hadoop
3 3 (6.52%) Oracle Database 12c
3 3 (6.52%) Tableau
3 3 (6.52%) Text Mining
4 1 (2.17%) Data Lake
4 1 (2.17%) MongoDB
4 1 (2.17%) Relational Database
Development Applications
1 5 (10.87%) Git (software)
2 4 (8.70%) Jenkins
3 1 (2.17%) JUnit
3 1 (2.17%) Mockito
General
1 25 (54.35%) Finance
2 12 (26.09%) Advertising
3 3 (6.52%) Banking
4 2 (4.35%) Billing
4 2 (4.35%) Legal
4 2 (4.35%) Marketing
5 1 (2.17%) Arabic Language
5 1 (2.17%) Automotive
5 1 (2.17%) Bulgarian Language
5 1 (2.17%) Czech Language
5 1 (2.17%) French Language
5 1 (2.17%) German Language
5 1 (2.17%) Hungarian Language
5 1 (2.17%) Italian Language
5 1 (2.17%) Japanese Language
5 1 (2.17%) Norwegian Language
5 1 (2.17%) Spanish Language
5 1 (2.17%) Swedish Language
Job Titles
1 21 (45.65%) Developer
2 11 (23.91%) Quantitative Developer
2 11 (23.91%) Senior Developer
3 8 (17.39%) Analyst
3 8 (17.39%) Analyst Developer
3 8 (17.39%) Qualitative Analyst
3 8 (17.39%) Quantitative Analyst
3 8 (17.39%) Quantitative Analyst Developer
3 8 (17.39%) Senior Quantitative Developer
4 7 (15.22%) Data Scientist
4 7 (15.22%) Senior Analyst
4 7 (15.22%) Senior Analyst Developer
4 7 (15.22%) Senior Quantitative Analyst
5 5 (10.87%) .NET Developer
5 5 (10.87%) Consultant
6 4 (8.70%) C# Developer
6 4 (8.70%) DevOps Engineer
7 3 (6.52%) C# Quant Developer
7 3 (6.52%) Full Stack Developer
7 3 (6.52%) Senior Full Stack Developer
Libraries, Frameworks & Software Standards
1 8 (17.39%) AngularJS
1 8 (17.39%) React
1 8 (17.39%) REST
2 7 (15.22%) Keras
2 7 (15.22%) Natural Language Processing
2 7 (15.22%) PyTorch
2 7 (15.22%) TensorFlow
3 6 (13.04%) .NET
3 6 (13.04%) Spring
4 4 (8.70%) ASP.NET
4 4 (8.70%) ASP.NET Core
5 3 (6.52%) Kafka
5 3 (6.52%) NetworkX
5 3 (6.52%) Pandas
5 3 (6.52%) PySpark
5 3 (6.52%) scikit-learn
5 3 (6.52%) SpaCy
5 3 (6.52%) Spring Boot
5 3 (6.52%) WebSockets
5 3 (6.52%) XGBoost
Miscellaneous
1 14 (30.43%) Foreign Exchange (FX)
2 11 (23.91%) Equities
2 11 (23.91%) Exotic Derivative
2 11 (23.91%) Market Risk
3 7 (15.22%) Algorithms
3 7 (15.22%) Analytical Skills
4 5 (10.87%) Greenfield Project
4 5 (10.87%) Hedge funds
5 3 (6.52%) Analytical Mindset
5 3 (6.52%) Data Structures
5 3 (6.52%) Fixed Income
6 2 (4.35%) Industry 4.0
6 2 (4.35%) PMI
6 2 (4.35%) Renewable Energy
6 2 (4.35%) Robotics
7 1 (2.17%) Management Information System
7 1 (2.17%) Self-Motivation
Operating Systems
1 7 (15.22%) Linux
2 3 (6.52%) Windows
Processes & Methodologies
1 28 (60.87%) Computer Science
2 20 (43.48%) Machine Learning
3 17 (36.96%) Artificial Intelligence
4 14 (30.43%) Mathematics
4 14 (30.43%) Physics
5 13 (28.26%) Data Science
6 12 (26.09%) Risk Management
7 11 (23.91%) Financial Modelling
7 11 (23.91%) Stochastic Calculus
7 11 (23.91%) Validation
8 10 (21.74%) Deep Learning
8 10 (21.74%) Neural Network
8 10 (21.74%) Statistics
9 7 (15.22%) Bayesian Methods
9 7 (15.22%) Reinforcement Learning
10 6 (13.04%) Linear Regression
10 6 (13.04%) Logistic Regression
11 5 (10.87%) OO
11 5 (10.87%) Software Engineering
11 5 (10.87%) Use Case
Programming Languages
1 26 (56.52%) Python
2 17 (36.96%) C#
3 11 (23.91%) Java
4 8 (17.39%) JavaScript
5 7 (15.22%) R
6 6 (13.04%) C++
6 6 (13.04%) SQL
7 4 (8.70%) Go
7 4 (8.70%) Groovy
7 4 (8.70%) Java 8
7 4 (8.70%) Julia
7 4 (8.70%) Shell Script
8 3 (6.52%) MATLAB
8 3 (6.52%) TypeScript
Qualifications
1 46 (100.00%) Degree
2 20 (43.48%) Computer Science Degree
3 18 (39.13%) PhD
4 2 (4.35%) PMI Certification
5 1 (2.17%) MBA
Quality Assurance & Compliance
1 11 (23.91%) Dodd-Frank
1 11 (23.91%) EMIR
1 11 (23.91%) MiFID
2 2 (4.35%) ISO/IEC 20000
System Software
1 1 (2.17%) Docker
Systems Management
1 4 (8.70%) Ansible
1 4 (8.70%) Opscode Chef
1 4 (8.70%) Puppet
2 1 (2.17%) Kubernetes
Vendors
1 5 (10.87%) Oracle
2 4 (8.70%) Databricks
3 3 (6.52%) Cloudera
4 2 (4.35%) Salesforce.com
4 2 (4.35%) ServiceNow
5 1 (2.17%) Guidewire
5 1 (2.17%) Microsoft
5 1 (2.17%) Talend