Period
to 24 November 2017

The median annual salary for a Quantitative Analyst was £85,000 in advertised job vacancies in London during the 6 months to 24 November 2017.

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

Quant Analyst
England > London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 720 789 845
Rank change year-on-year +69 +56 -5
Permanent jobs requiring a Quantitative Analyst 118 53 72
As % of all permanent IT jobs advertised in London 0.16% 0.070% 0.081%
As % of the Job Titles category 0.17% 0.073% 0.084%
Number of salaries quoted 96 46 57
London median annual salary £85,000 £75,000 £67,500
Median salary % change year-on-year +13.33% +11.11% -3.57%
10th Percentile £56,875 £48,750 £36,050
90th Percentile £130,000 £122,500 £102,000
England median annual salary £85,000 £75,000 £67,500
% change year-on-year +13.33% +11.11% -3.57%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in London. 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
London
Permanent vacancies in London with a recognized job title 70810 72756 85612
% of permanent IT jobs with a recognized job title 94.38% 95.96% 96.03%
Number of salaries quoted 55762 62800 72698
London median annual salary £60,000 £57,500 £55,000
Median salary % change year-on-year +4.35% +4.55% +4.76%
10th Percentile £33,250 £32,500 £32,000
90th Percentile £90,000 £87,500 £85,000
England median annual salary £50,000 £47,500 £46,500
% change year-on-year +5.26% +2.15% +3.33%

Quantitative Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Quantitative Analyst in London

Quantitative Analyst
Salary Trend in London

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

Salary trend for Quantitative Analyst in London

Quantitative Analyst
Salary Histogram in London

The salary distribution of IT jobs citing Quantitative Analyst in London over the 6 months to 24 November 2017.

Salary histogram for Quantitative Analyst in London

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 Quantitative Analyst within the London region over the 6 months to 24 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
Central London +35 35 £70,000 - 3
Quantitative Analyst
England

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

For the 6 months to 24 November 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 London region featuring Quantitative Analyst in the job title.

1 107 (90.68%) Finance
2 80 (67.80%) Mathematics
3 72 (61.02%) C++
4 62 (52.54%) R
5 56 (47.46%) Analytics
6 55 (46.61%) Banking
7 51 (43.22%) MATLAB
8 50 (42.37%) Investment Banking
9 48 (40.68%) SQL
10 47 (39.83%) C#
11 43 (36.44%) Java
11 43 (36.44%) Front Office
12 39 (33.05%) Quantitative Research
13 37 (31.36%) Risk Management
14 36 (30.51%) Python
15 35 (29.66%) Equities
16 33 (27.97%) Validation
17 32 (27.12%) Asset Management
18 31 (26.27%) PhD
19 30 (25.42%) Foreign Exchange (FX)
20 29 (24.58%) Financial Modelling
21 25 (21.19%) Agile Software Development
22 24 (20.34%) Stochastic Calculus
23 22 (18.64%) Hedge funds
24 20 (16.95%) Degree
24 20 (16.95%) Fund Management
24 20 (16.95%) VBA
24 20 (16.95%) Data Analytics
24 20 (16.95%) Analytical Skills
25 19 (16.10%) Big Data

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:

Application Platforms
1 4 (3.39%) SAS
Applications
1 10 (8.47%) S-PLUS
2 5 (4.24%) Microsoft Excel
3 4 (3.39%) Maple
4 1 (0.85%) Doxygen
4 1 (0.85%) LaTeX
4 1 (0.85%) Microsoft Office
4 1 (0.85%) Microsoft PowerPoint
Database & Business Intelligence
1 19 (16.10%) Big Data
2 18 (15.25%) Data Warehouse
3 17 (14.41%) OLAP
3 17 (14.41%) Oracle OLAP
4 10 (8.47%) SQL Server
5 2 (1.69%) Oracle Database
5 2 (1.69%) Oracle Reports
6 1 (0.85%) Blockchain
6 1 (0.85%) QlikView
6 1 (0.85%) SQL Server Integration Services
6 1 (0.85%) SQL Server Reporting Services
Development Applications
1 9 (7.63%) Git (software)
2 8 (6.78%) JIRA
3 1 (0.85%) Subversion
General
1 107 (90.68%) Finance
2 55 (46.61%) Banking
3 50 (42.37%) Investment Banking
4 43 (36.44%) Front Office
5 17 (14.41%) Retail Banking
6 10 (8.47%) Advertising
6 10 (8.47%) Marketing
7 5 (4.24%) Financial Institution
8 1 (0.85%) Back Office
Libraries, Frameworks & Software Standards
1 9 (7.63%) .NET
1 9 (7.63%) Middleware
2 5 (4.24%) WPF
3 1 (0.85%) Node.js
3 1 (0.85%) RabbitMQ
Miscellaneous
1 35 (29.66%) Equities
2 30 (25.42%) Foreign Exchange (FX)
3 22 (18.64%) Hedge funds
4 20 (16.95%) Analytical Skills
5 17 (14.41%) Credit Risk
5 17 (14.41%) Derivative
5 17 (14.41%) Enterprise Software
6 13 (11.02%) Fixed Income
7 11 (9.32%) Market Risk
8 9 (7.63%) Computer Science
8 9 (7.63%) Fintech
9 4 (3.39%) CUDA
10 1 (0.85%) Algorithms
10 1 (0.85%) Online Gambling
10 1 (0.85%) Swaptions
Operating Systems
1 17 (14.41%) Unix
Processes & Methodologies
1 80 (67.80%) Mathematics
2 56 (47.46%) Analytics
3 39 (33.05%) Quantitative Research
4 37 (31.36%) Risk Management
5 33 (27.97%) Validation
6 32 (27.12%) Asset Management
7 29 (24.58%) Financial Modelling
8 25 (21.19%) Agile Software Development
9 24 (20.34%) Stochastic Calculus
10 20 (16.95%) Data Analytics
10 20 (16.95%) Fund Management
11 17 (14.41%) Release Management
11 17 (14.41%) Wealth Management
12 16 (13.56%) Monte Carlo Method
12 16 (13.56%) Physics
13 15 (12.71%) Statistics
14 11 (9.32%) Credit Risk Management
15 10 (8.47%) Product Management
15 10 (8.47%) Software Engineering
16 9 (7.63%) E-Commerce
Programming Languages
1 72 (61.02%) C++
2 62 (52.54%) R
3 51 (43.22%) MATLAB
4 48 (40.68%) SQL
5 47 (39.83%) C#
6 43 (36.44%) Java
7 36 (30.51%) Python
8 20 (16.95%) VBA
9 17 (14.41%) Perl
9 17 (14.41%) PL/SQL
10 4 (3.39%) Fortran
10 4 (3.39%) PHP
11 1 (0.85%) F#
Qualifications
1 31 (26.27%) PhD
2 20 (16.95%) Degree
3 9 (7.63%) Master's Degree
4 4 (3.39%) Numerate Degree
5 1 (0.85%) CFA
5 1 (0.85%) Computer Science Degree
5 1 (0.85%) Sun Certification
Quality Assurance & Compliance
1 11 (9.32%) MiFID
1 11 (9.32%) QA
2 9 (7.63%) Dodd-Frank
2 9 (7.63%) EMIR
3 2 (1.69%) Basel III
3 2 (1.69%) IFRS
3 2 (1.69%) IFRS 9
Vendors
1 19 (16.10%) Oracle
2 7 (5.93%) Atlassian
2 7 (5.93%) Bloomberg
3 1 (0.85%) Microsoft
3 1 (0.85%) Sybase
3 1 (0.85%) Tableau