Period
to 9 April 2020

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 9 April 2020 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
9 Apr 2020
Same period 2019 Same period 2018
Rank 258 217 236
Rank change year-on-year -41 +19 -56
Permanent jobs citing PhD 45 123 115
As % of all permanent jobs advertised in the City of London 0.52% 1.19% 1.07%
As % of the Qualifications category 2.79% 5.75% 4.69%
Number of salaries quoted 43 116 107
Median annual salary £72,500 £70,000 £70,000
Median salary % change year-on-year +3.57% - -36.36%
10th Percentile £52,500 £40,250 £37,750
90th Percentile £97,500 £96,250 £110,500
Central London median annual salary £72,500 £70,000 £70,000
% change year-on-year +3.57% - -17.65%

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 1,615 2,139 2,454
As % of all permanent IT jobs advertised in the City of London 18.79% 20.74% 22.87%
Number of salaries quoted 1,411 1,831 2,183
Median annual salary £62,500 £60,000 £57,500
Median salary % change year-on-year +4.17% +4.35% +4.07%
10th Percentile £31,250 £32,500 £32,500
90th Percentile £95,000 £95,000 £94,750
Central London median annual salary £62,500 £60,000 £57,500
% change year-on-year +4.17% +4.35% +4.55%

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 9 April 2020.

Salary histogram for PhD in the City of London

For the 6 months to 9 April 2020, 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 42 (93.33%) Python
2 28 (62.22%) Machine Learning
3 25 (55.56%) R
4 24 (53.33%) Mathematics
5 23 (51.11%) Degree
5 23 (51.11%) Data Science
6 17 (37.78%) Artificial Intelligence
6 17 (37.78%) Finance
6 17 (37.78%) Computer Science
7 16 (35.56%) Master's Degree
8 15 (33.33%) Analytics
8 15 (33.33%) MATLAB
9 13 (28.89%) C++
10 12 (26.67%) Statistics
10 12 (26.67%) TensorFlow
11 11 (24.44%) Algorithms
11 11 (24.44%) Physics
12 10 (22.22%) Scala
13 9 (20.00%) Deep Learning
14 8 (17.78%) Java
14 8 (17.78%) TypeScript
14 8 (17.78%) Docker
14 8 (17.78%) Kubernetes
14 8 (17.78%) Terraform
15 7 (15.56%) Pandas
15 7 (15.56%) Go
15 7 (15.56%) AWS
15 7 (15.56%) Natural Language Processing
15 7 (15.56%) Software Engineering
15 7 (15.56%) C#

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 5 (11.11%) Apache Spark
2 1 (2.22%) Apache
2 1 (2.22%) Jupyter
Cloud Services
1 7 (15.56%) AWS
2 5 (11.11%) GCP
3 4 (8.89%) Azure
4 2 (4.44%) Google Analytics
Database & Business Intelligence
1 4 (8.89%) Big Data
2 3 (6.67%) Hadoop
3 2 (4.44%) Data Mining
3 2 (4.44%) Relational Database
4 1 (2.22%) KDB
4 1 (2.22%) Kdb+
4 1 (2.22%) Neo4j
4 1 (2.22%) PostgreSQL
4 1 (2.22%) SQL Server
Development Applications
1 3 (6.67%) Git (software)
2 2 (4.44%) Eclipse
2 2 (4.44%) Mercurial
2 2 (4.44%) PyCharm
2 2 (4.44%) RStudio
2 2 (4.44%) Subversion
2 2 (4.44%) Visual Studio
2 2 (4.44%) Visual Studio Code
General
1 17 (37.78%) Finance
2 6 (13.33%) Advertising
3 5 (11.11%) Banking
4 4 (8.89%) Front Office
5 3 (6.67%) Marketing
5 3 (6.67%) Retail Banking
6 2 (4.44%) Investment Banking
7 1 (2.22%) Financial Institution
7 1 (2.22%) Law
7 1 (2.22%) Publishing
Job Titles
1 11 (24.44%) Data Scientist
2 9 (20.00%) Analyst
3 8 (17.78%) Qualitative Analyst
3 8 (17.78%) Quantitative Analyst
4 7 (15.56%) Machine Learning Engineer
5 6 (13.33%) Senior Data Scientist
6 5 (11.11%) Data Engineer
7 4 (8.89%) Developer
7 4 (8.89%) Quantitative Developer
8 3 (6.67%) Senior Data Engineer
8 3 (6.67%) Software Engineer
9 2 (4.44%) Machine Learning Analyst
9 2 (4.44%) Machine Learning Scientist
10 1 (2.22%) Associate Engineer
10 1 (2.22%) C# Quant Developer
10 1 (2.22%) Head of Data Science
10 1 (2.22%) Head of Engineering
10 1 (2.22%) Junior Data Scientist
10 1 (2.22%) Python Engineer
10 1 (2.22%) Senior Manager
Libraries, Frameworks & Software Standards
1 12 (26.67%) TensorFlow
2 7 (15.56%) Natural Language Processing
2 7 (15.56%) Pandas
3 6 (13.33%) Keras
4 5 (11.11%) Node.js
4 5 (11.11%) PyTorch
5 4 (8.89%) scikit-learn
6 3 (6.67%) GraphQL
7 2 (4.44%) NumPy
8 1 (2.22%) AngularJS
8 1 (2.22%) ggplot
8 1 (2.22%) Kafka
8 1 (2.22%) Matplotlib
8 1 (2.22%) OpenCV
8 1 (2.22%) PyMC3
8 1 (2.22%) React
8 1 (2.22%) Ruby on Rails
8 1 (2.22%) Theano
8 1 (2.22%) Torch
8 1 (2.22%) Vue.js
Miscellaneous
1 11 (24.44%) Algorithms
2 6 (13.33%) Analytical Skills
2 6 (13.33%) Credit Risk
2 6 (13.33%) Equities
2 6 (13.33%) Exotic Derivative
2 6 (13.33%) Foreign Exchange (FX)
2 6 (13.33%) Market Risk
3 4 (8.89%) Self-Motivation
4 3 (6.67%) Data Structures
4 3 (6.67%) Hedge funds
4 3 (6.67%) Linux Command Line
5 2 (4.44%) Robotics
6 1 (2.22%) Bitcoin
6 1 (2.22%) Derivative
6 1 (2.22%) Equity Derivative
6 1 (2.22%) Lidar
Operating Systems
1 5 (11.11%) Unix
Processes & Methodologies
1 28 (62.22%) Machine Learning
2 24 (53.33%) Mathematics
3 23 (51.11%) Data Science
4 17 (37.78%) Artificial Intelligence
4 17 (37.78%) Computer Science
5 15 (33.33%) Analytics
6 12 (26.67%) Statistics
7 11 (24.44%) Physics
8 9 (20.00%) Deep Learning
9 7 (15.56%) Software Engineering
10 6 (13.33%) Credit Risk Management
10 6 (13.33%) Data Analytics
10 6 (13.33%) Financial Modelling
10 6 (13.33%) Problem-Solving
10 6 (13.33%) Risk Management
10 6 (13.33%) Stochastic Calculus
10 6 (13.33%) Validation
11 5 (11.11%) ETL
11 5 (11.11%) Predictive Modelling
11 5 (11.11%) Reinforcement Learning
Programming Languages
1 42 (93.33%) Python
2 25 (55.56%) R
3 15 (33.33%) MATLAB
4 13 (28.89%) C++
5 10 (22.22%) Scala
6 8 (17.78%) Java
6 8 (17.78%) TypeScript
7 7 (15.56%) C#
7 7 (15.56%) Go
8 6 (13.33%) SQL
9 5 (11.11%) Julia
10 4 (8.89%) JavaScript
11 2 (4.44%) Bash Shell
11 2 (4.44%) C
11 2 (4.44%) PowerShell
11 2 (4.44%) Shell Script
12 1 (2.22%) Ruby
12 1 (2.22%) Rust
Qualifications
1 23 (51.11%) Degree
2 16 (35.56%) Master's Degree
3 1 (2.22%) CISM
3 1 (2.22%) CISSP
3 1 (2.22%) Computer Science Degree
Quality Assurance & Compliance
1 6 (13.33%) Dodd-Frank
1 6 (13.33%) EMIR
1 6 (13.33%) MiFID
2 2 (4.44%) COBIT
2 2 (4.44%) NIST
3 1 (2.22%) QA
System Software
1 8 (17.78%) Docker
Systems Management
1 8 (17.78%) Kubernetes
1 8 (17.78%) Terraform
2 3 (6.67%) Consul
Vendors
1 5 (11.11%) Google
2 2 (4.44%) Tableau
3 1 (2.22%) Microsoft
3 1 (2.22%) Oracle
3 1 (2.22%) Sybase