Period
to 19 June 2021

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 19 June 2021 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
19 Jun 2021
Same period 2020 Same period 2019
Rank 186 217 252
Rank change year-on-year +31 +35 -6
Permanent jobs citing PhD 47 35 84
As % of all permanent jobs advertised in the City of London 0.90% 0.56% 0.83%
As % of the Qualifications category 5.15% 3.00% 4.18%
Number of salaries quoted 40 35 76
10th Percentile £43,375 £52,500 £40,250
25th Percentile £47,500 £55,250 £49,500
Median annual salary (50th Percentile) £63,750 £70,000 £70,000
Median % change year-on-year -8.93% - -8.20%
75th Percentile £86,250 £82,500 £82,500
90th Percentile £111,250 £92,000 £93,750
Central London median annual salary £63,750 £70,000 £70,000
% change year-on-year -8.93% - -1.75%

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 912 1,165 2,011
As % of all permanent IT jobs advertised in the City of London 17.44% 18.78% 19.96%
Number of salaries quoted 771 1,033 1,736
10th Percentile £42,500 £33,750 £31,250
25th Percentile £51,625 £46,250 £45,000
Median annual salary (50th Percentile) £70,000 £62,500 £62,500
Median % change year-on-year +12.00% - +4.17%
75th Percentile £83,750 £81,000 £80,000
90th Percentile £95,000 £95,000 £96,250
Central London median annual salary £70,000 £62,500 £60,000
% change year-on-year +12.00% +4.17% -

PhD
Job Vacancy Trend in the City of London

Job postings citing PhD as a proportion 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

3-month moving average salary quoted in 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

Salary distribution for jobs citing PhD in the City of London over the 6 months to 19 June 2021.

Salary histogram for PhD in the City of London

For the 6 months to 19 June 2021, 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 35 (74.47%) Python
2 22 (46.81%) Artificial Intelligence
2 22 (46.81%) Degree
3 21 (44.68%) Machine Learning
4 19 (40.43%) Computer Science
4 19 (40.43%) Master's Degree
4 19 (40.43%) Data Science
5 15 (31.91%) TensorFlow
6 14 (29.79%) Natural Language Processing
7 13 (27.66%) Mathematics
8 12 (25.53%) R
8 12 (25.53%) Social Skills
9 11 (23.40%) Physics
9 11 (23.40%) Neural Network
9 11 (23.40%) Finance
10 10 (21.28%) SQL
10 10 (21.28%) Keras
11 9 (19.15%) PyTorch
11 9 (19.15%) C#
11 9 (19.15%) Advertising
11 9 (19.15%) Games
11 9 (19.15%) Statistics
12 8 (17.02%) Financial Modelling
12 8 (17.02%) Tableau
12 8 (17.02%) Reinforcement Learning
12 8 (17.02%) Analytical Skills
12 8 (17.02%) Algorithms
13 7 (14.89%) Analytics
13 7 (14.89%) Deep Learning
13 7 (14.89%) EMIR

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 7 (14.89%) SAS
2 2 (4.26%) SugarCRM
3 1 (2.13%) Apache
Applications
1 2 (4.26%) Microsoft Excel
1 2 (4.26%) Microsoft Office
1 2 (4.26%) Microsoft PowerPoint
Business Applications
1 7 (14.89%) FINCAD Analytics
Cloud Services
1 2 (4.26%) Azure
1 2 (4.26%) GCP
2 1 (2.13%) AWS
2 1 (2.13%) SaaS
Database & Business Intelligence
1 8 (17.02%) Tableau
2 6 (12.77%) SQL Server
3 4 (8.51%) Data Mining
3 4 (8.51%) Hadoop
4 2 (4.26%) Big Data
4 2 (4.26%) KDB
4 2 (4.26%) MariaDB
4 2 (4.26%) MongoDB
4 2 (4.26%) MySQL
4 2 (4.26%) NoSQL
5 1 (2.13%) Data Lake
5 1 (2.13%) Data Warehouse
5 1 (2.13%) Qlik Sense
Development Applications
1 1 (2.13%) Bitbucket
1 1 (2.13%) Git (software)
General
1 12 (25.53%) Social Skills
2 11 (23.40%) Finance
3 9 (19.15%) Advertising
3 9 (19.15%) Games
4 8 (17.02%) Analytical Skills
5 4 (8.51%) Legal
5 4 (8.51%) Presentation Skills
6 2 (4.26%) French Language
6 2 (4.26%) Law
6 2 (4.26%) Public Sector
6 2 (4.26%) Retail
7 1 (2.13%) Arabic Language
7 1 (2.13%) Bulgarian Language
7 1 (2.13%) German Language
7 1 (2.13%) Hungarian Language
7 1 (2.13%) Italian Language
7 1 (2.13%) Japanese Language
7 1 (2.13%) Norwegian Language
7 1 (2.13%) Spanish Language
7 1 (2.13%) Swedish Language
Job Titles
1 12 (25.53%) Data Scientist
2 10 (21.28%) Developer
3 8 (17.02%) Quantitative Developer
4 7 (14.89%) C# Developer
4 7 (14.89%) C# Quant Developer
4 7 (14.89%) Consultant
5 4 (8.51%) Digital Transformation
5 4 (8.51%) Digital Transformation Consultant
5 4 (8.51%) Operations Manager
5 4 (8.51%) Research Manager
5 4 (8.51%) Transformation Consultant
6 3 (6.38%) Analyst
7 2 (4.26%) Analyst Developer
7 2 (4.26%) Architect
7 2 (4.26%) Database Engineer
7 2 (4.26%) Developer Analyst
7 2 (4.26%) Enterprise Architect
7 2 (4.26%) IT Consultant
7 2 (4.26%) Junior
7 2 (4.26%) Quantitative Analyst
Libraries, Frameworks & Software Standards
1 15 (31.91%) TensorFlow
2 10 (21.28%) Keras
3 9 (19.15%) PyTorch
4 3 (6.38%) AngularJS
4 3 (6.38%) scikit-learn
5 2 (4.26%) NumPy
5 2 (4.26%) OpenCV
5 2 (4.26%) React
5 2 (4.26%) RESTful
6 1 (2.13%) Apache Tika
6 1 (2.13%) CoreNLP
6 1 (2.13%) D3.js
6 1 (2.13%) GraphQL
6 1 (2.13%) Matplotlib
6 1 (2.13%) Node.js
6 1 (2.13%) PySpark
6 1 (2.13%) Ruby on Rails
6 1 (2.13%) SciPy
6 1 (2.13%) SpaCy
6 1 (2.13%) Vue.js
Miscellaneous
1 8 (17.02%) Algorithms
2 7 (14.89%) Equities
2 7 (14.89%) Exotic Derivative
2 7 (14.89%) Foreign Exchange (FX)
2 7 (14.89%) Market Risk
3 2 (4.26%) Bitcoin
3 2 (4.26%) Fixed Income
3 2 (4.26%) Industry 4.0
3 2 (4.26%) PMI
3 2 (4.26%) Renewable Energy
3 2 (4.26%) Robotics
4 1 (2.13%) Enterprise Software
4 1 (2.13%) NHS
4 1 (2.13%) Social Media
Processes & Methodologies
1 22 (46.81%) Artificial Intelligence
2 21 (44.68%) Machine Learning
3 19 (40.43%) Computer Science
3 19 (40.43%) Data Science
4 14 (29.79%) Natural Language Processing
5 13 (27.66%) Mathematics
6 11 (23.40%) Neural Network
6 11 (23.40%) Physics
7 9 (19.15%) Statistics
8 8 (17.02%) Financial Modelling
8 8 (17.02%) Reinforcement Learning
9 7 (14.89%) Analytics
9 7 (14.89%) Bayesian Methods
9 7 (14.89%) Deep Learning
9 7 (14.89%) Model Validation
9 7 (14.89%) Risk Management
9 7 (14.89%) Stochastic Calculus
9 7 (14.89%) Validation
10 5 (10.64%) Project Management
10 5 (10.64%) Stakeholder Management
Programming Languages
1 35 (74.47%) Python
2 12 (25.53%) R
3 10 (21.28%) SQL
4 9 (19.15%) C#
5 5 (10.64%) C++
5 5 (10.64%) Java
6 4 (8.51%) Go
6 4 (8.51%) JavaScript
7 3 (6.38%) Julia
8 2 (4.26%) C
8 2 (4.26%) PHP
8 2 (4.26%) Rust
9 1 (2.13%) Cython
9 1 (2.13%) Ruby
9 1 (2.13%) Scala
9 1 (2.13%) TypeScript
Qualifications
1 22 (46.81%) Degree
2 19 (40.43%) Master's Degree
3 2 (4.26%) Computer Science Degree
3 2 (4.26%) PMI Certification
4 1 (2.13%) MBA
4 1 (2.13%) SC Cleared
4 1 (2.13%) Security Cleared
Quality Assurance & Compliance
1 7 (14.89%) Dodd-Frank
1 7 (14.89%) EMIR
1 7 (14.89%) MiFID
System Software
1 2 (4.26%) Docker
Systems Management
1 2 (4.26%) Ansible
1 2 (4.26%) Kubernetes
2 1 (2.13%) Terraform
Vendors
1 2 (4.26%) IBM
2 1 (2.13%) MuleSoft
2 1 (2.13%) TIBCO