Period
to 14 December 2019

The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for PhD qualifications. Included is a benchmarking guide to the salaries offered over the 6 months to 14 December 2019 with a comparison to the same period in the previous 2 years.

Doctor of Philosophy (PhD, DPhil, EngD, Doctorate)
Central London > City of London
6 months to
14 Dec 2019
Same period 2018 Same period 2017
Rank 262 196 222
Rank change year-on-year -66 +26 -8
Permanent jobs citing PhD 53 151 116
As % of all permanent IT jobs advertised in the City of London 0.54% 1.42% 1.12%
As % of the Qualifications category 3.10% 6.87% 5.06%
Number of salaries quoted 47 147 105
City of London median annual salary £90,000 £70,000 £67,500
Median salary % change year-on-year +28.57% +3.70% -6.90%
10th Percentile £66,250 £40,250 £37,250
90th Percentile £137,500 £115,000 £107,000
Central London median annual salary £85,000 £70,000 £65,000
% change year-on-year +21.43% +7.69% -7.14%

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 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 1,711 2,197 2,291
As % of all permanent IT jobs advertised in the City of London 17.53% 20.62% 22.09%
Number of salaries quoted 1,431 1,906 2,041
City of London median annual salary £62,500 £62,000 £57,500
Median salary % change year-on-year +0.81% +7.83% -
10th Percentile £29,250 £31,250 £30,500
90th Percentile £97,500 £95,000 £92,500
Central London median annual salary £62,500 £60,750 £55,000
% change year-on-year +2.88% +10.45% -

PhD
Job Vacancy Trend in the City of London

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

Job vacancy trend for PhD in the City of London

PhD
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing PhD in the City of London.

Salary trend for PhD in the City of London

PhD
Salary Histogram in the City of London

The salary distribution of IT jobs citing PhD in the City of London over the 6 months to 14 December 2019.

Salary histogram for PhD in the City of London

For the 6 months to 14 December 2019, IT jobs citing PhD 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 PhD.

1 50 (94.34%) Python
2 46 (86.79%) Mathematics
3 41 (77.36%) Degree
4 38 (71.70%) C++
5 37 (69.81%) Machine Learning
6 35 (66.04%) Computer Science
7 33 (62.26%) Statistics
8 32 (60.38%) Master's Degree
9 29 (54.72%) Data Science
10 28 (52.83%) Analytics
11 25 (47.17%) Algorithms
11 25 (47.17%) TensorFlow
11 25 (47.17%) SQL
12 24 (45.28%) Deep Learning
12 24 (45.28%) R
13 23 (43.40%) Big Data
13 23 (43.40%) Java
14 22 (41.51%) Unix
14 22 (41.51%) AWS
14 22 (41.51%) Analytical Skills
15 21 (39.62%) Pandas
15 21 (39.62%) Operations Research
15 21 (39.62%) Google
15 21 (39.62%) Keras
16 20 (37.74%) Infrastructure as Code
16 20 (37.74%) Apache Spark
16 20 (37.74%) scikit-learn
16 20 (37.74%) Terraform
16 20 (37.74%) Scala
16 20 (37.74%) Data Analytics

PhD
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 20 (37.74%) Apache Spark
2 1 (1.89%) Jupyter
Cloud Services
1 22 (41.51%) AWS
2 19 (35.85%) Azure
3 2 (3.77%) Google Analytics
3 2 (3.77%) Power Platform
Communications & Networking
1 1 (1.89%) Internet
Database & Business Intelligence
1 23 (43.40%) Big Data
2 19 (35.85%) Hadoop
3 2 (3.77%) Data Warehouse
3 2 (3.77%) PostgreSQL
3 2 (3.77%) Power BI
3 2 (3.77%) Relational Database
4 1 (1.89%) Amazon DynamoDB
4 1 (1.89%) Blockchain
4 1 (1.89%) KDB
4 1 (1.89%) Kdb+
4 1 (1.89%) Neo4j
4 1 (1.89%) SQL Server
Development Applications
1 2 (3.77%) Git (software)
General
1 18 (33.96%) Finance
2 9 (16.98%) Advertising
3 8 (15.09%) Banking
4 5 (9.43%) Marketing
4 5 (9.43%) Retail Banking
5 3 (5.66%) Retail
6 2 (3.77%) Front Office
6 2 (3.77%) Investment Banking
Job Titles
1 19 (35.85%) Data Engineer
2 14 (26.42%) Senior Data Engineer
3 13 (24.53%) Analyst
4 12 (22.64%) Qualitative Analyst
4 12 (22.64%) Quantitative Analyst
5 7 (13.21%) Data Scientist
6 5 (9.43%) Machine Learning Engineer
6 5 (9.43%) Principal Engineer
7 4 (7.55%) Developer
8 2 (3.77%) C++ Software Engineer
8 2 (3.77%) Credit Risk Manager
8 2 (3.77%) Data Manager
8 2 (3.77%) Data Science Manager
8 2 (3.77%) Machine Learning Analyst
8 2 (3.77%) Machine Learning Scientist
8 2 (3.77%) Python Developer
8 2 (3.77%) Risk Manager
8 2 (3.77%) Senior Data Scientist
8 2 (3.77%) Software Engineer
9 1 (1.89%) Python Engineer
Libraries, Frameworks & Software Standards
1 25 (47.17%) TensorFlow
2 21 (39.62%) Keras
2 21 (39.62%) Pandas
3 20 (37.74%) scikit-learn
4 19 (35.85%) GraphQL
5 4 (7.55%) Natural Language Processing
6 3 (5.66%) PyTorch
7 2 (3.77%) NumPy
8 1 (1.89%) Caffe
8 1 (1.89%) Dask
8 1 (1.89%) ggplot
8 1 (1.89%) Matplotlib
8 1 (1.89%) PyMC3
8 1 (1.89%) Theano
8 1 (1.89%) Torch
Miscellaneous
1 25 (47.17%) Algorithms
2 22 (41.51%) Analytical Skills
3 19 (35.85%) Data Structures
3 19 (35.85%) Linux Command Line
4 14 (26.42%) Credit Risk
5 12 (22.64%) Market Risk
6 11 (20.75%) Equities
7 10 (18.87%) Exotic Derivative
7 10 (18.87%) Foreign Exchange (FX)
8 6 (11.32%) Hedge funds
9 3 (5.66%) Derivative
10 1 (1.89%) Interest Rate Derivative
10 1 (1.89%) Robotics
10 1 (1.89%) Social Media
Operating Systems
1 22 (41.51%) Unix
Processes & Methodologies
1 46 (86.79%) Mathematics
2 37 (69.81%) Machine Learning
3 35 (66.04%) Computer Science
4 33 (62.26%) Statistics
5 29 (54.72%) Data Science
6 28 (52.83%) Analytics
7 24 (45.28%) Deep Learning
8 21 (39.62%) Operations Research
9 20 (37.74%) Data Analytics
9 20 (37.74%) Infrastructure as Code
10 19 (35.85%) DevOps
10 19 (35.85%) Parallel Computing
10 19 (35.85%) Problem-Solving
10 19 (35.85%) Storage Management
11 18 (33.96%) Physics
12 12 (22.64%) Risk Management
12 12 (22.64%) Validation
13 10 (18.87%) Credit Risk Management
13 10 (18.87%) Financial Modelling
13 10 (18.87%) Stochastic Calculus
Programming Languages
1 50 (94.34%) Python
2 38 (71.70%) C++
3 25 (47.17%) SQL
4 24 (45.28%) R
5 23 (43.40%) Java
6 20 (37.74%) Scala
7 19 (35.85%) JavaScript
7 19 (35.85%) TypeScript
8 18 (33.96%) MATLAB
9 12 (22.64%) C#
10 4 (7.55%) C
11 2 (3.77%) Julia
12 1 (1.89%) Go
12 1 (1.89%) Rust
Qualifications
1 41 (77.36%) Degree
2 32 (60.38%) Master's Degree
3 2 (3.77%) Numerate Degree
Quality Assurance & Compliance
1 10 (18.87%) Dodd-Frank
1 10 (18.87%) EMIR
1 10 (18.87%) MiFID
2 1 (1.89%) QA
System Software
1 19 (35.85%) Docker
Systems Management
1 20 (37.74%) Terraform
2 19 (35.85%) Consul
2 19 (35.85%) Kubernetes
Vendors
1 21 (39.62%) Google
2 4 (7.55%) Tableau
3 1 (1.89%) Microsoft
3 1 (1.89%) Oracle
3 1 (1.89%) Sybase