Period
to 23 October 2017

The median annual salary for a Quantitative Analyst was £85,000 in advertised job vacancies in England during the 6 months to 23 October 2017.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Quant Analyst
UK > England
6 months to
23 Oct 2017
Same period 2016 Same period 2015
Rank 1041 1161 1208
Rank change year-on-year +120 +47 +15
Permanent jobs requiring a Quantitative Analyst 108 63 60
As % of all permanent IT jobs advertised in England 0.066% 0.035% 0.029%
As % of the Job Titles category 0.069% 0.036% 0.030%
Number of salaries quoted 84 53 47
England median annual salary £85,000 £70,000 £72,500
Median salary % change year-on-year +21.43% -3.45% +3.57%
10th Percentile £56,250 £47,500 £50,000
90th Percentile £130,000 £118,500 £100,000
UK median annual salary £85,000 £70,000 £72,500
% change year-on-year +21.43% -3.45% +3.57%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in England. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
England
Permanent vacancies in England with a recognized job title 157591 172612 198565
% of permanent IT jobs with a recognized job title 95.72% 96.47% 96.53%
Number of salaries quoted 127173 145960 166246
England median annual salary £50,000 £47,500 £45,000
Median salary % change year-on-year +5.26% +5.56% -
10th Percentile £27,500 £27,000 £26,250
90th Percentile £78,750 £77,500 £75,000
UK median annual salary £48,000 £47,500 £45,000
% change year-on-year +1.05% +5.56% -

Quantitative Analyst
Job Vacancy Trend in England

Job postings that featured Quantitative Analyst in the job title as a percentage of all IT jobs advertised in England.

Job vacancy trend for Quantitative Analyst in England

Quantitative Analyst
Salary Trend in England

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Quantitative Analyst in England.

Salary trend for Quantitative Analyst in England

Quantitative Analyst
Salary Histogram in England

The salary distribution of IT jobs citing Quantitative Analyst in England over the 6 months to 23 October 2017.

Salary histogram for Quantitative Analyst in England

Quantitative Analyst
Job Locations in England

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Analyst within the England region over the 6 months to 23 October 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +56 107 £85,000 +17.24% 3
South East - 1 £65,000 -
Quantitative Analyst
UK

Quantitative Analyst Skill Set
Top 30 Co-occurring IT Skills in England

For the 6 months to 23 October 2017, Quantitative Analyst job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the England region featuring Quantitative Analyst in the job title.

1 98 (90.74%) Finance
2 70 (64.81%) Mathematics
3 60 (55.56%) C++
4 58 (53.70%) Analytics
5 51 (47.22%) R
6 50 (46.30%) Banking
7 48 (44.44%) SQL
8 45 (41.67%) Investment Banking
9 41 (37.96%) MATLAB
10 39 (36.11%) C#
10 39 (36.11%) Java
10 39 (36.11%) Quantitative Research
11 35 (32.41%) Front Office
12 33 (30.56%) Python
13 30 (27.78%) Asset Management
14 29 (26.85%) Equities
15 26 (24.07%) PhD
16 25 (23.15%) Risk Management
16 25 (23.15%) Agile Software Development
17 23 (21.30%) Validation
18 21 (19.44%) Financial Modelling
19 20 (18.52%) Hedge funds
19 20 (18.52%) Stochastic Calculus
19 20 (18.52%) Foreign Exchange (FX)
19 20 (18.52%) VBA
19 20 (18.52%) Data Analytics
19 20 (18.52%) Analytical Skills
20 19 (17.59%) Big Data
20 19 (17.59%) Oracle
20 19 (17.59%) Degree

Quantitative Analyst Skill Set
Co-occurring IT Skills in England 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 4 (3.70%) SAS
Applications
1 10 (9.26%) S-PLUS
2 5 (4.63%) Microsoft Excel
3 4 (3.70%) Maple
4 1 (0.93%) Doxygen
4 1 (0.93%) LaTeX
4 1 (0.93%) Microsoft Office
4 1 (0.93%) Microsoft PowerPoint
Database & Business Intelligence
1 19 (17.59%) Big Data
2 18 (16.67%) Data Warehouse
3 17 (15.74%) OLAP
3 17 (15.74%) Oracle OLAP
4 10 (9.26%) SQL Server
5 2 (1.85%) Oracle Database
5 2 (1.85%) Oracle Reports
6 1 (0.93%) QlikView
6 1 (0.93%) SQL Server Integration Services
6 1 (0.93%) SQL Server Reporting Services
Development Applications
1 9 (8.33%) Git (software)
2 8 (7.41%) JIRA
3 1 (0.93%) Subversion
General
1 98 (90.74%) Finance
2 50 (46.30%) Banking
3 45 (41.67%) Investment Banking
4 35 (32.41%) Front Office
5 17 (15.74%) Retail Banking
6 10 (9.26%) Marketing
7 7 (6.48%) Advertising
8 4 (3.70%) Financial Institution
9 2 (1.85%) Back Office
Libraries, Frameworks & Software Standards
1 9 (8.33%) .NET
2 6 (5.56%) Middleware
3 5 (4.63%) WPF
4 1 (0.93%) Node.js
4 1 (0.93%) RabbitMQ
Miscellaneous
1 29 (26.85%) Equities
2 20 (18.52%) Analytical Skills
2 20 (18.52%) Foreign Exchange (FX)
2 20 (18.52%) Hedge funds
3 17 (15.74%) Enterprise Software
4 16 (14.81%) Derivative
5 13 (12.04%) Credit Risk
6 12 (11.11%) Fixed Income
7 9 (8.33%) Computer Science
8 8 (7.41%) Market Risk
9 6 (5.56%) Fintech
10 4 (3.70%) CUDA
11 1 (0.93%) Swaptions
Operating Systems
1 17 (15.74%) Unix
Processes & Methodologies
1 70 (64.81%) Mathematics
2 58 (53.70%) Analytics
3 39 (36.11%) Quantitative Research
4 30 (27.78%) Asset Management
5 25 (23.15%) Agile Software Development
5 25 (23.15%) Risk Management
6 23 (21.30%) Validation
7 21 (19.44%) Financial Modelling
8 20 (18.52%) Data Analytics
8 20 (18.52%) Stochastic Calculus
9 19 (17.59%) Fund Management
10 17 (15.74%) Release Management
10 17 (15.74%) Wealth Management
11 15 (13.89%) Monte Carlo Method
12 14 (12.96%) Physics
13 13 (12.04%) Statistics
14 10 (9.26%) Product Management
14 10 (9.26%) Software Engineering
15 8 (7.41%) Credit Risk Management
16 7 (6.48%) Quantitative Analysis
Programming Languages
1 60 (55.56%) C++
2 51 (47.22%) R
3 48 (44.44%) SQL
4 41 (37.96%) MATLAB
5 39 (36.11%) C#
5 39 (36.11%) Java
6 33 (30.56%) Python
7 20 (18.52%) VBA
8 17 (15.74%) Perl
8 17 (15.74%) PL/SQL
9 4 (3.70%) Fortran
9 4 (3.70%) PHP
Qualifications
1 26 (24.07%) PhD
2 19 (17.59%) Degree
3 6 (5.56%) Master's Degree
3 6 (5.56%) Numerate Degree
4 1 (0.93%) CFA
4 1 (0.93%) Computer Science Degree
Quality Assurance & Compliance
1 11 (10.19%) QA
2 8 (7.41%) MiFID
3 6 (5.56%) Dodd-Frank
3 6 (5.56%) EMIR
4 2 (1.85%) Basel III
4 2 (1.85%) IFRS
4 2 (1.85%) IFRS 9
Vendors
1 19 (17.59%) Oracle
2 7 (6.48%) Atlassian
2 7 (6.48%) Bloomberg
3 1 (0.93%) Microsoft
3 1 (0.93%) Sybase
3 1 (0.93%) Tableau