Period
to 23 November 2017

The median annual salary for a Quantitative Developer was £100,000 in advertised job vacancies in England during the 6 months to 23 November 2017.

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

Quant Developer
UK > England
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 860 955 965
Rank change year-on-year +95 +10 +138
Permanent jobs requiring a Quantitative Developer 310 249 314
As % of all permanent IT jobs advertised in England 0.18% 0.14% 0.15%
As % of the Job Titles category 0.19% 0.14% 0.16%
Number of salaries quoted 158 226 274
England median annual salary £100,000 £86,250 £90,000
Median salary % change year-on-year +15.94% -4.17% +9.09%
10th Percentile £49,625 £50,000 £48,750
90th Percentile £130,000 £118,125 £115,000
UK median annual salary £100,000 £85,000 £90,000
% change year-on-year +17.65% -5.56% +9.09%

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 161572 172869 197438
% of permanent IT jobs with a recognized job title 95.72% 96.50% 96.51%
Number of salaries quoted 130677 145836 165635
England median annual salary £50,000 £47,500 £46,377
Median salary % change year-on-year +5.26% +2.42% +3.06%
10th Percentile £27,500 £27,250 £26,375
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 Developer
Job Vacancy Trend in England

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

Job vacancy trend for Quantitative Developer in England

Quantitative Developer
Salary Trend in England

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

Salary trend for Quantitative Developer in England

Quantitative Developer
Salary Histogram in England

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

Salary histogram for Quantitative Developer in England

Quantitative Developer
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 Developer within the England region over the 6 months to 23 November 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 +59 307 £102,500 +17.14% 20
South East - 3 £47,500 -
Quantitative Developer
UK

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

For the 6 months to 23 November 2017, Quantitative Developer 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 Developer in the job title.

1 251 (80.97%) Finance
2 204 (65.81%) Java
3 193 (62.26%) Banking
4 183 (59.03%) C++
5 177 (57.10%) Investment Banking
6 162 (52.26%) Agile Software Development
7 152 (49.03%) Python
8 147 (47.42%) Asset Management
9 132 (42.58%) Retail Banking
9 132 (42.58%) Wealth Management
10 116 (37.42%) SQL
11 115 (37.10%) Analytics
12 106 (34.19%) Mathematics
13 99 (31.94%) Foreign Exchange (FX)
14 96 (30.97%) Risk Management
15 87 (28.06%) Low Latency
16 86 (27.74%) Derivative
17 85 (27.42%) Analytical Skills
18 83 (26.77%) Multithreading
19 80 (25.81%) R
20 78 (25.16%) Electronic Trading
20 78 (25.16%) Front Office
21 77 (24.84%) Unix
21 77 (24.84%) Quantitative Research
22 75 (24.19%) Perl
23 73 (23.55%) Data Analytics
24 72 (23.23%) Oracle
25 71 (22.90%) OLAP
25 71 (22.90%) PL/SQL
25 71 (22.90%) Data Warehouse

Quantitative Developer 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 3 (0.97%) SAS
2 2 (0.65%) Apache Spark
3 1 (0.32%) Confluence
Applications
1 14 (4.52%) Microsoft Excel
2 4 (1.29%) Spreadsheet
3 3 (0.97%) Doxygen
4 1 (0.32%) Microsoft Office
4 1 (0.32%) Microsoft PowerPoint
Business Applications
1 1 (0.32%) FINCAD Analytics
Cloud Services
1 4 (1.29%) GitHub
Communications & Networking
1 2 (0.65%) Multicast
1 2 (0.65%) SSH
2 1 (0.32%) FTP
Database & Business Intelligence
1 71 (22.90%) Data Warehouse
1 71 (22.90%) OLAP
1 71 (22.90%) Oracle OLAP
2 14 (4.52%) Big Data
3 11 (3.55%) SQL Server
4 6 (1.94%) KDB
5 5 (1.61%) Data Mining
6 3 (0.97%) Relational Database
7 2 (0.65%) Hadoop
8 1 (0.32%) MongoDB
8 1 (0.32%) NoSQL
Development Applications
1 4 (1.29%) JIRA
1 4 (1.29%) Visual Studio
2 3 (0.97%) GCC
2 3 (0.97%) GDB
2 3 (0.97%) Git (software)
2 3 (0.97%) Jenkins
2 3 (0.97%) Subversion
2 3 (0.97%) TeamCity
3 1 (0.32%) Maven
3 1 (0.32%) Team Foundation Server
General
1 251 (80.97%) Finance
2 193 (62.26%) Banking
3 177 (57.10%) Investment Banking
4 132 (42.58%) Retail Banking
5 78 (25.16%) Front Office
6 4 (1.29%) Back Office
7 2 (0.65%) Telecoms
8 1 (0.32%) Financial Institution
8 1 (0.32%) International Banking
8 1 (0.32%) Retail
Libraries, Frameworks & Software Standards
1 13 (4.19%) STL
2 9 (2.90%) Boost C++ Libraries
3 8 (2.58%) .NET
4 6 (1.94%) HTML
5 5 (1.61%) HTML5
6 3 (0.97%) ASP.NET
6 3 (0.97%) FIX Protocol
6 3 (0.97%) J2SE
6 3 (0.97%) Java SE
6 3 (0.97%) NumPy
6 3 (0.97%) SciPy
6 3 (0.97%) XML
7 2 (0.65%) Middleware
8 1 (0.32%) Ajax
8 1 (0.32%) jQuery
8 1 (0.32%) LINQ
8 1 (0.32%) Pandas
8 1 (0.32%) Pyramid
8 1 (0.32%) WCF
8 1 (0.32%) WPF
Miscellaneous
1 99 (31.94%) Foreign Exchange (FX)
2 86 (27.74%) Derivative
3 85 (27.42%) Analytical Skills
4 71 (22.90%) Enterprise Software
5 50 (16.13%) Computer Science
6 29 (9.35%) Hedge funds
7 21 (6.77%) Algorithms
7 21 (6.77%) Fixed Income
8 20 (6.45%) Equities
9 13 (4.19%) Fintech
10 9 (2.90%) CUDA
11 8 (2.58%) Greenfield Project
12 5 (1.61%) Data Structures
13 4 (1.29%) Analytical Mindset
13 4 (1.29%) Market Risk
13 4 (1.29%) Swaptions
14 3 (0.97%) OTC Derivatives
15 2 (0.65%) Client/Server
15 2 (0.65%) Credit Risk
15 2 (0.65%) Management Information System
Operating Systems
1 77 (24.84%) Unix
2 18 (5.81%) Linux
3 7 (2.26%) Windows
Processes & Methodologies
1 162 (52.26%) Agile Software Development
2 147 (47.42%) Asset Management
3 132 (42.58%) Wealth Management
4 115 (37.10%) Analytics
5 106 (34.19%) Mathematics
6 96 (30.97%) Risk Management
7 87 (28.06%) Low Latency
8 83 (26.77%) Multithreading
9 78 (25.16%) Electronic Trading
10 77 (24.84%) Quantitative Research
11 73 (23.55%) Data Analytics
12 71 (22.90%) Release Management
13 68 (21.94%) Market Making
14 61 (19.68%) Software Delivery
15 34 (10.97%) Algorithmic Trading
16 31 (10.00%) OO
17 26 (8.39%) Physics
18 23 (7.42%) Statistics
19 20 (6.45%) Machine Learning
20 19 (6.13%) Stochastic Calculus
Programming Languages
1 204 (65.81%) Java
2 183 (59.03%) C++
3 152 (49.03%) Python
4 116 (37.42%) SQL
5 80 (25.81%) R
6 75 (24.19%) Perl
7 71 (22.90%) PL/SQL
8 58 (18.71%) C#
9 23 (7.42%) VBA
10 13 (4.19%) MATLAB
11 5 (1.61%) C
11 5 (1.61%) Cython
12 4 (1.29%) JavaScript
13 3 (0.97%) AWK
13 3 (0.97%) PowerShell
13 3 (0.97%) sed
13 3 (0.97%) Shell Script
13 3 (0.97%) VBScript
14 2 (0.65%) F#
15 1 (0.32%) C++/CLI
Qualifications
1 40 (12.90%) Degree
2 18 (5.81%) PhD
3 13 (4.19%) Master's Degree
4 10 (3.23%) Numerate Degree
5 6 (1.94%) Computer Science Degree
6 1 (0.32%) CFA
Quality Assurance & Compliance
1 15 (4.84%) QA
2 2 (0.65%) Basel III
2 2 (0.65%) MiFID
Vendors
1 72 (23.23%) Oracle
2 4 (1.29%) Bloomberg
2 4 (1.29%) Reuters
2 4 (1.29%) Splunk
3 3 (0.97%) Microsoft
4 1 (0.32%) Murex