The median annual salary for a Quantitative Analyst was £85,000 in advertised job vacancies in London during the 3 months to 28 June 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
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 585 613 640
Rank change year-on-year +28 +27  
Permanent jobs requiring a Quantitative Analyst 27 31 29
As % of all permanent IT jobs advertised in London 0.074% 0.077% 0.066%
As % of the Job Titles category 0.078% 0.081% 0.068%
Number of salaries quoted 24 28 23
Median salary £85,000 £76,250 £83,500
Median salary % change year-on-year +11.47% -8.68%  
90% offered a salary of more than £54,750 £51,750 £55,000
10% offered a salary of more than £133,500 £101,500 £100,000
UK excluding London median salary - £37,500 £62,500
% change year-on-year - -40.00%  

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 34746 38402 42429
As % of all permanent IT job vacancies advertised in London 94.79% 95.88% 95.87%
Number of salaries quoted 28106 33425 35862
Median salary £57,500 £55,000 £55,000
Median salary % change year-on-year +4.54% -  
90% offered a salary of more than £32,500 £32,500 £32,500
10% offered a salary of more than £85,000 £80,000 £80,000
UK excluding London median salary £42,500 £41,500 £40,000
% change year-on-year +2.40% +3.75%  

Quantitative Analyst
Job Vacancy Trend in London

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

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 3 months to 28 June 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 3 months to 28 June 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 +27 4 £63,750 -8.92% 2
Quantitative Analyst
England

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

For the 6 months to 28 June 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 46 (67.65%) Finance
2 44 (64.71%) Front Office
3 42 (61.76%) Mathematics
4 41 (60.29%) C++
5 34 (50.00%) Risk Management
6 33 (48.53%) PhD
7 32 (47.06%) Banking
8 28 (41.18%) Investment Banking
9 25 (36.76%) Degree
10 22 (32.35%) MATLAB
11 21 (30.88%) R
12 19 (27.94%) Analytics
13 18 (26.47%) Master's Degree
13 18 (26.47%) Foreign Exchange (FX)
13 18 (26.47%) C#
14 17 (25.00%) Validation
14 17 (25.00%) Stochastic Calculus
15 16 (23.53%) Python
16 14 (20.59%) Quantitative Analysis
17 13 (19.12%) Financial Modelling
17 13 (19.12%) Numerate Degree
17 13 (19.12%) Physics
17 13 (19.12%) Derivative
18 11 (16.18%) Asset Management
18 11 (16.18%) Advertising
18 11 (16.18%) Market Risk
19 10 (14.71%) Credit Risk
19 10 (14.71%) Fixed Income
20 9 (13.24%) Java
20 9 (13.24%) SQL

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 5 (7.35%) SAS
Applications
1 7 (10.29%) Stata
2 1 (1.47%) Microsoft Excel
Database & Business Intelligence
1 2 (2.94%) Big Data
2 1 (1.47%) Data Mining
General
1 46 (67.65%) Finance
2 44 (64.71%) Front Office
3 32 (47.06%) Banking
4 28 (41.18%) Investment Banking
5 11 (16.18%) Advertising
6 2 (2.94%) Back Office
7 1 (1.47%) Financial Institution
7 1 (1.47%) Games
Libraries, Frameworks & Software Standards
1 3 (4.41%) Middleware
Miscellaneous
1 18 (26.47%) Foreign Exchange (FX)
2 13 (19.12%) Derivative
3 11 (16.18%) Market Risk
4 10 (14.71%) Credit Risk
4 10 (14.71%) Fixed Income
5 9 (13.24%) Hedge funds
5 9 (13.24%) Swaptions
6 7 (10.29%) Equities
7 6 (8.82%) Computer Science
8 3 (4.41%) Analytical Skills
8 3 (4.41%) Fintech
9 2 (2.94%) Algorithms
9 2 (2.94%) CUDA
10 1 (1.47%) Equity Derivative
Processes & Methodologies
1 42 (61.76%) Mathematics
2 34 (50.00%) Risk Management
3 19 (27.94%) Analytics
4 17 (25.00%) Stochastic Calculus
4 17 (25.00%) Validation
5 14 (20.59%) Quantitative Analysis
6 13 (19.12%) Financial Modelling
6 13 (19.12%) Physics
7 11 (16.18%) Asset Management
8 9 (13.24%) Credit Risk Management
8 9 (13.24%) Economics
9 8 (11.76%) Stress Testing
10 6 (8.82%) Monte Carlo Method
10 6 (8.82%) Quantitative Finance
10 6 (8.82%) Statistics
11 5 (7.35%) Quantitative Research
12 4 (5.88%) Benchmarking
12 4 (5.88%) Strategic Management
13 3 (4.41%) Data Analysis
13 3 (4.41%) Project Management
Programming Languages
1 41 (60.29%) C++
2 22 (32.35%) MATLAB
3 21 (30.88%) R
4 18 (26.47%) C#
5 16 (23.53%) Python
6 9 (13.24%) Java
6 9 (13.24%) SQL
7 2 (2.94%) VBA
8 1 (1.47%) Julia
Qualifications
1 33 (48.53%) PhD
2 25 (36.76%) Degree
3 18 (26.47%) Master's Degree
4 13 (19.12%) Numerate Degree
5 1 (1.47%) Computer Science Degree
Quality Assurance & Compliance
1 9 (13.24%) MiFID
2 7 (10.29%) EMIR
3 6 (8.82%) Dodd-Frank
3 6 (8.82%) QA
4 4 (5.88%) Basel II
4 4 (5.88%) IFRS
4 4 (5.88%) IFRS 9
5 3 (4.41%) Basel III
Vendors
1 2 (2.94%) Bloomberg
City, London
Deerfoot IT Resources Ltd
Salary: Competitive salary and excellent benefits
Posted: 22 hours ago
London
Optima Connections
Salary: Up to £85,000 per annum + Bonus + Benefits
Posted: 2 days ago
London
Harvey Nash plc
Salary: £40000 - £70000 per annum
Posted: 5 days ago
City, London
Evolution Recruitment Solutions
Salary: 30,000 + BENEFITS
Posted: 6 days ago
London
Westbourne Partners
Salary: Up to £120,000 per annum
Posted: 4 days ago
London
Hays London City Cheapside
Salary: £80000.00 - £100000.00 per annum
Posted: 6 days ago
London
ClearCube Consulting
Salary: From £70,000 to £120,000 per annum
Posted: 6 days ago