The median annual salary for a Junior Quantitative Analyst was £55,000 in advertised job vacancies in London during the 3 months to 29 March 2017.

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

Junior Quant Analyst
England / London
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 585 652 661
Rank change year-on-year +67 +9  
Permanent jobs requiring a Junior Quantitative Analyst 3 2 1
As % of all permanent IT jobs advertised in London 0.009% 0.005% 0.002%
As % of the Job Titles category 0.009% 0.005% 0.002%
Number of salaries quoted 3 2 0
Median salary £55,000 £80,000 -
Median salary % change year-on-year -31.25% -  
UK excluding London median salary - - -

The next table is for comparison with the above and includes summary statistics for all job roles in permanent job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of permanent jobs in our overall sample.

IT Job Roles
London
Permanent job vacancies with a job title containing a recognized job role 32367 40743 40862
As % of all permanent IT job vacancies advertised in London 95.74% 96.12% 95.94%
Number of salaries quoted 27379 35161 34358
Median salary £57,500 £55,000 £53,500
Median salary % change year-on-year +4.54% +2.80%  
90% offered a salary of more than £32,500 £32,500 £31,500
10% offered a salary of more than £82,500 £77,500 £80,000
UK excluding London median salary £41,500 £41,500 £40,000
% change year-on-year - +3.75%  

Junior Quantitative Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured Junior Quantitative Analyst in the job title.

Job vacancy trend for Junior Quantitative Analyst in London

Junior Quantitative Analyst
Salary Trend in London

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

Salary trend for Junior Quantitative Analyst in London

Junior Quantitative Analyst
Salary Histogram in London

The salary distribution of IT jobs citing Junior Quantitative Analyst in London over the 3 months to 29 March 2017.

Salary histogram for Junior Quantitative Analyst in London

Junior Quantitative Analyst
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Junior Quantitative Analyst within the London region over the 3 months to 29 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +44 1 £45,000 -43.75%
Junior Quantitative Analyst
England

Junior Quantitative Analyst Skill Set
Top 27 Co-occurring IT Skills in London

For the 6 months to 29 March 2017, Junior 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 London region featuring Junior Quantitative Analyst in the job title.

1 6 (85.71%) Mathematics
2 4 (57.14%) Python
3 3 (42.86%) MATLAB
3 3 (42.86%) Finance
3 3 (42.86%) Computer Science
3 3 (42.86%) Statistics
3 3 (42.86%) Predictive Modelling
3 3 (42.86%) Analytical Skills
3 3 (42.86%) R
3 3 (42.86%) Analytics
4 2 (28.57%) Algorithms
4 2 (28.57%) Algorithmic Trading
4 2 (28.57%) Validation
4 2 (28.57%) Games
4 2 (28.57%) Statistical Analysis
4 2 (28.57%) PhD
4 2 (28.57%) C++
4 2 (28.57%) SQL
5 1 (14.29%) OO
5 1 (14.29%) Front Office
5 1 (14.29%) Risk Management
5 1 (14.29%) C#
5 1 (14.29%) Fixed Income
5 1 (14.29%) Degree
5 1 (14.29%) Hedge funds
5 1 (14.29%) PnL Attribution
5 1 (14.29%) Machine Learning

Junior Quantitative Analyst Skill Set
Co-occurring IT Skills in 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:

General
1 3 (42.86%) Finance
2 2 (28.57%) Games
3 1 (14.29%) Front Office
Miscellaneous
1 3 (42.86%) Analytical Skills
1 3 (42.86%) Computer Science
2 2 (28.57%) Algorithms
3 1 (14.29%) Fixed Income
3 1 (14.29%) Hedge funds
Processes & Methodologies
1 6 (85.71%) Mathematics
2 3 (42.86%) Analytics
2 3 (42.86%) Predictive Modelling
2 3 (42.86%) Statistics
3 2 (28.57%) Algorithmic Trading
3 2 (28.57%) Statistical Analysis
3 2 (28.57%) Validation
4 1 (14.29%) Machine Learning
4 1 (14.29%) OO
4 1 (14.29%) PnL Attribution
4 1 (14.29%) Risk Management
Programming Languages
1 4 (57.14%) Python
2 3 (42.86%) MATLAB
2 3 (42.86%) R
3 2 (28.57%) C++
3 2 (28.57%) SQL
4 1 (14.29%) C#
Qualifications
1 2 (28.57%) PhD
2 1 (14.29%) Degree