Period
to 7 August 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 7 August 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
7 Aug 2020
Same period 2019 Same period 2018
Rank 196 267 238
Rank change year-on-year +71 -29 +9
Permanent jobs citing PhD 33 65 109
As % of all permanent jobs advertised in the City of London 0.65% 0.64% 0.99%
As % of the Qualifications category 3.51% 3.40% 4.42%
Number of salaries quoted 32 60 101
Median annual salary £67,500 £76,000 £70,000
Median salary % change year-on-year -11.18% +8.57% -12.50%
10th Percentile £52,500 £40,250 £42,500
90th Percentile £86,125 £117,250 £115,000
Central London median annual salary £65,000 £77,500 £70,000
% change year-on-year -16.13% +10.71% +12.00%

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 939 1,914 2,467
As % of all permanent IT jobs advertised in the City of London 18.57% 18.71% 22.49%
Number of salaries quoted 819 1,654 2,157
Median annual salary £62,500 £62,500 £62,500
10th Percentile £35,000 £29,750 £32,500
90th Percentile £95,000 £97,500 £92,500
Central London median annual salary £62,500 £62,500 £60,000
% change year-on-year - +4.17% +9.09%

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 7 August 2020.

Salary histogram for PhD in the City of London

For the 6 months to 7 August 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 31 (93.94%) Python
2 19 (57.58%) R
2 19 (57.58%) Machine Learning
3 18 (54.55%) Data Science
4 17 (51.52%) Degree
5 15 (45.45%) Mathematics
6 14 (42.42%) Artificial Intelligence
7 12 (36.36%) Finance
8 11 (33.33%) Master's Degree
9 9 (27.27%) Go
9 9 (27.27%) MATLAB
10 8 (24.24%) Physics
10 8 (24.24%) Computer Science
10 8 (24.24%) Statistics
10 8 (24.24%) Scala
11 7 (21.21%) TensorFlow
12 6 (18.18%) GCP
12 6 (18.18%) Kubernetes
12 6 (18.18%) Terraform
12 6 (18.18%) Predictive Modelling
12 6 (18.18%) Node.js
12 6 (18.18%) TypeScript
12 6 (18.18%) Analytics
12 6 (18.18%) Docker
12 6 (18.18%) Software Engineering
12 6 (18.18%) Risk Management
12 6 (18.18%) Advertising
12 6 (18.18%) Foreign Exchange (FX)
13 5 (15.15%) C++
13 5 (15.15%) Validation

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 2 (6.06%) Apache
1 2 (6.06%) Apache Spark
Cloud Services
1 6 (18.18%) GCP
2 4 (12.12%) AWS
3 1 (3.03%) Azure
Communications & Networking
1 2 (6.06%) SNMP
Database & Business Intelligence
1 2 (6.06%) MongoDB
1 2 (6.06%) MySQL
1 2 (6.06%) NoSQL
1 2 (6.06%) Relational Database
2 1 (3.03%) Big Data
2 1 (3.03%) Data Mining
Development Applications
1 2 (6.06%) Eclipse
1 2 (6.06%) Git (software)
1 2 (6.06%) Jenkins
1 2 (6.06%) Mercurial
1 2 (6.06%) PyCharm
1 2 (6.06%) RStudio
1 2 (6.06%) Subversion
1 2 (6.06%) Visual Studio
1 2 (6.06%) Visual Studio Code
General
1 12 (36.36%) Finance
2 6 (18.18%) Advertising
3 3 (9.09%) Marketing
4 2 (6.06%) Games
4 2 (6.06%) Law
Job Titles
1 10 (30.30%) Data Scientist
2 8 (24.24%) Analyst
2 8 (24.24%) Qualitative Analyst
2 8 (24.24%) Quantitative Analyst
3 6 (18.18%) Software Engineer
4 5 (15.15%) Analyst Developer
4 5 (15.15%) Developer
4 5 (15.15%) Quantitative Analyst Developer
4 5 (15.15%) Quantitative Developer
5 4 (12.12%) Python Engineer
5 4 (12.12%) Senior Data Scientist
6 3 (9.09%) Machine Learning Engineer
6 3 (9.09%) Python Software Engineer
7 2 (6.06%) Data Engineer
7 2 (6.06%) Graduate
7 2 (6.06%) Junior
7 2 (6.06%) Junior Data Scientist
8 1 (3.03%) Head of Engineering
8 1 (3.03%) Quantitative Researcher
8 1 (3.03%) Senior Manager
Libraries, Frameworks & Software Standards
1 7 (21.21%) TensorFlow
2 6 (18.18%) Node.js
3 4 (12.12%) Natural Language Processing
3 4 (12.12%) PyTorch
4 3 (9.09%) Keras
4 3 (9.09%) Pandas
5 2 (6.06%) AngularJS
5 2 (6.06%) Kafka
5 2 (6.06%) RabbitMQ
5 2 (6.06%) React
5 2 (6.06%) Ruby on Rails
5 2 (6.06%) Vue.js
6 1 (3.03%) OpenCV
6 1 (3.03%) scikit-learn
Miscellaneous
1 6 (18.18%) Foreign Exchange (FX)
2 5 (15.15%) Exotic Derivative
2 5 (15.15%) Market Risk
2 5 (15.15%) Self-Motivation
3 4 (12.12%) Algorithms
3 4 (12.12%) Equities
4 2 (6.06%) Analytical Skills
4 2 (6.06%) Bitcoin
4 2 (6.06%) Hedge funds
5 1 (3.03%) Lidar
5 1 (3.03%) Robotics
Processes & Methodologies
1 19 (57.58%) Machine Learning
2 18 (54.55%) Data Science
3 15 (45.45%) Mathematics
4 14 (42.42%) Artificial Intelligence
5 8 (24.24%) Computer Science
5 8 (24.24%) Physics
5 8 (24.24%) Statistics
6 6 (18.18%) Analytics
6 6 (18.18%) Predictive Modelling
6 6 (18.18%) Risk Management
6 6 (18.18%) Software Engineering
7 5 (15.15%) Stochastic Calculus
7 5 (15.15%) Validation
8 4 (12.12%) API Development
8 4 (12.12%) Asset Management
8 4 (12.12%) Deep Learning
8 4 (12.12%) ETL
8 4 (12.12%) Financial Modelling
8 4 (12.12%) Neural Network
9 3 (9.09%) Data Engineering
Programming Languages
1 31 (93.94%) Python
2 19 (57.58%) R
3 9 (27.27%) Go
3 9 (27.27%) MATLAB
4 8 (24.24%) Scala
5 6 (18.18%) TypeScript
6 5 (15.15%) C++
6 5 (15.15%) Julia
7 3 (9.09%) C#
8 2 (6.06%) Bash Shell
8 2 (6.06%) Java
8 2 (6.06%) JavaScript
8 2 (6.06%) PHP
8 2 (6.06%) PowerShell
8 2 (6.06%) Ruby
8 2 (6.06%) Shell Script
8 2 (6.06%) SQL
9 1 (3.03%) Rust
Qualifications
1 17 (51.52%) Degree
2 11 (33.33%) Master's Degree
3 3 (9.09%) Computer Science Degree
4 1 (3.03%) CISM
4 1 (3.03%) CISSP
Quality Assurance & Compliance
1 5 (15.15%) Dodd-Frank
1 5 (15.15%) EMIR
1 5 (15.15%) MiFID
2 2 (6.06%) COBIT
2 2 (6.06%) NIST
System Software
1 6 (18.18%) Docker
Systems Management
1 6 (18.18%) Kubernetes
1 6 (18.18%) Terraform
2 2 (6.06%) Ansible