Period
to 21 October 2018

The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for Statistical Modelling skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Statistical Modelling over the 6 months to 21 October 2018 with a comparison to the same period in the previous 2 years.

Statistical Modelling
Central London > City of London
6 months to
21 Oct 2018
Same period 2017 Same period 2016
Rank 340 301 325
Rank change year-on-year -39 +24 +63
Permanent jobs citing Statistical Modelling 12 23 33
As % of all permanent IT jobs advertised in the City of London 0.11% 0.23% 0.28%
As % of the Processes & Methodologies category 0.12% 0.25% 0.30%
Number of salaries quoted 11 22 28
City of London median annual salary £47,500 £70,000 £55,000
Median salary % change year-on-year -32.14% +27.27% +57.14%
10th Percentile £36,250 £51,375 £36,750
90th Percentile £132,500 £95,000 £71,000
Central London median annual salary £47,500 £70,000 £55,000
% change year-on-year -32.14% +27.27% +2.33%

Statistical Modelling is in the Processes and Methodologies 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 process or methodology skills.

All Process and Methodology Skills
City of London
Permanent vacancies with a requirement for process or methodology skills 10,152 9,109 10,853
As % of all permanent IT jobs advertised in the City of London 91.86% 91.62% 90.89%
Number of salaries quoted 9,079 8,222 9,914
City of London median annual salary £65,000 £60,000 £60,000
Median salary % change year-on-year +8.33% - +4.35%
10th Percentile £37,000 £36,250 £35,000
90th Percentile £95,000 £93,750 £88,750
Central London median annual salary £62,500 £60,000 £57,500
% change year-on-year +4.17% +4.35% +1.04%

Statistical Modelling
Job Vacancy Trend in the City of London

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

Job vacancy trend for Statistical Modelling in the City of London

Statistical Modelling
Salary Trend in the City of London

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

Salary trend for Statistical Modelling in the City of London

Statistical Modelling
Salary Histogram in the City of London

The salary distribution of IT jobs citing Statistical Modelling in the City of London over the 6 months to 21 October 2018.

Salary histogram for Statistical Modelling in the City of London

For the 6 months to 21 October 2018, IT jobs citing Statistical Modelling 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 Statistical Modelling.

1 8 (66.67%) R
2 7 (58.33%) Machine Learning
2 7 (58.33%) Mathematics
3 6 (50.00%) Degree
3 6 (50.00%) Python
3 6 (50.00%) Algorithms
4 5 (41.67%) SQL
4 5 (41.67%) Statistics
4 5 (41.67%) Data Science
5 4 (33.33%) Decision-Making
5 4 (33.33%) MySQL
5 4 (33.33%) Finance
5 4 (33.33%) Actionable Insight
5 4 (33.33%) Big Data
5 4 (33.33%) Analytics
5 4 (33.33%) Data Visualisation
5 4 (33.33%) Natural Language Processing
5 4 (33.33%) Tableau
5 4 (33.33%) Visualisation
6 3 (25.00%) Computer Science
6 3 (25.00%) Analytical Skills
6 3 (25.00%) Data Analysis
6 3 (25.00%) Numerate Degree
7 2 (16.67%) Econometric Modelling
7 2 (16.67%) Problem-Solving
7 2 (16.67%) Issue Tracking
7 2 (16.67%) Fixed Income
7 2 (16.67%) Banking
7 2 (16.67%) SAS
7 2 (16.67%) Business Intelligence

Statistical Modelling
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 (16.67%) SAS
Cloud Services
1 1 (8.33%) Amazon AWS
1 1 (8.33%) Google Cloud Platform
1 1 (8.33%) Microsoft Azure
Database & Business Intelligence
1 4 (33.33%) Big Data
1 4 (33.33%) MySQL
2 2 (16.67%) Data Mining
2 2 (16.67%) Hadoop
2 2 (16.67%) SQL Server
General
1 4 (33.33%) Finance
2 2 (16.67%) Banking
2 2 (16.67%) Marketing
3 1 (8.33%) Financial Institution
3 1 (8.33%) Mandarin Language
3 1 (8.33%) Retail Banking
Job Titles
1 6 (50.00%) Analyst
2 4 (33.33%) Excel Analyst
2 4 (33.33%) HR Analyst
2 4 (33.33%) Tableau Analyst
3 3 (25.00%) Data Scientist
4 2 (16.67%) Data Engineer
4 2 (16.67%) Senior Data Scientist
5 1 (8.33%) Banking Analyst
5 1 (8.33%) Credit Analyst
5 1 (8.33%) Credit Risk Analyst
5 1 (8.33%) Data Analytics Analyst
5 1 (8.33%) Data Science Graduate
5 1 (8.33%) Developer
5 1 (8.33%) Graduate
5 1 (8.33%) Java Developer
5 1 (8.33%) Machine Learning Scientist
5 1 (8.33%) Risk Analyst
5 1 (8.33%) Senior Developer
5 1 (8.33%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 4 (33.33%) Natural Language Processing
Miscellaneous
1 6 (50.00%) Algorithms
2 3 (25.00%) Analytical Skills
2 3 (25.00%) Computer Science
3 2 (16.67%) Fixed Income
4 1 (8.33%) Analytical Mindset
4 1 (8.33%) Credit Risk
4 1 (8.33%) Equity Risk
4 1 (8.33%) Greenfield Project
Processes & Methodologies
1 7 (58.33%) Machine Learning
1 7 (58.33%) Mathematics
2 5 (41.67%) Data Science
2 5 (41.67%) Statistics
3 4 (33.33%) Actionable Insight
3 4 (33.33%) Analytics
3 4 (33.33%) Data Visualisation
3 4 (33.33%) Decision-Making
3 4 (33.33%) Visualisation
4 3 (25.00%) Data Analysis
5 2 (16.67%) Business Intelligence
5 2 (16.67%) Data Modelling
5 2 (16.67%) Econometric Modelling
5 2 (16.67%) Integration Testing
5 2 (16.67%) Issue Tracking
5 2 (16.67%) Predictive Modelling
5 2 (16.67%) Problem-Solving
5 2 (16.67%) Unit Testing
6 1 (8.33%) Critical Thinking
6 1 (8.33%) Multithreading
Programming Languages
1 8 (66.67%) R
2 6 (50.00%) Python
3 5 (41.67%) SQL
4 1 (8.33%) C#
4 1 (8.33%) Java
Qualifications
1 6 (50.00%) Degree
2 3 (25.00%) Numerate Degree
3 2 (16.67%) PhD
4 1 (8.33%) Computer Science Degree
4 1 (8.33%) Master's Degree
Quality Assurance & Compliance
1 1 (8.33%) Data Quality
Vendors
1 4 (33.33%) Tableau
2 2 (16.67%) Oracle
3 1 (8.33%) Google