Decision Science (Decision Theory)
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Decision Science skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Decision Science over the 6 months to 6 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 895 533 1193
Rank change year-on-year -362 +660 -309
Permanent jobs citing Decision Science 15 527 44
As % of all permanent jobs advertised in the UK 0.015% 0.51% 0.028%
As % of the Processes & Methodologies category 0.018% 0.53% 0.029%
Number of salaries quoted 13 31 2
10th Percentile - - -
25th Percentile £55,000 £37,879 £64,219
Median annual salary (50th Percentile) £70,000 £40,113 £71,391
Median % change year-on-year +74.51% -43.81% +9.83%
75th Percentile £110,000 £81,875 £78,562
90th Percentile - £96,250 -
UK excluding London median annual salary £55,000 £38,903 -
% change year-on-year +41.38% - -

All Process and Methodology Skills
UK

Decision Science is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 84,862 98,882 150,503
As % of all permanent jobs advertised in the UK 85.90% 95.62% 95.62%
Number of salaries quoted 59,922 58,137 83,321
10th Percentile £29,000 £34,000 £33,500
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £61,500 £60,000
Median % change year-on-year -10.57% +2.50% +9.09%
75th Percentile £72,500 £81,251 £80,000
90th Percentile £92,500 £100,000 £96,251
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

Decision Science
Job Vacancy Trend

Job postings citing Decision Science as a proportion of all IT jobs advertised.

Job vacancy trend for Decision Science in the UK

Decision Science
Salary Trend

3-month moving average salary quoted in jobs citing Decision Science.

Salary trend for Decision Science in the UK

Decision Science
Salary Histogram

Salary distribution for jobs citing Decision Science over the 6 months to 6 May 2024.

Salary histogram for Decision Science in the UK

Decision Science
Top 5 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Decision Science within the UK over the 6 months to 6 May 2024. 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
Jobs
England -311 15 £70,000 +27.14% 3
London +109 11 £70,000 -4.11% 2
Work from Home -291 8 £82,500 +112.07% 42
South West -36 4 £55,000 +41.38%
UK excluding London -404 4 £55,000 +41.38% 1

Decision Science
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (26.67%) Apache
1 4 (26.67%) Apache Spark
2 2 (13.33%) SAS
Applications
1 4 (26.67%) Simulink
1 4 (26.67%) Stateflow
Database & Business Intelligence
1 8 (53.33%) Big Data
2 2 (13.33%) Amazon QuickSight
2 2 (13.33%) Tableau
General
1 8 (53.33%) Games
2 4 (26.67%) Retail
3 1 (6.67%) Social Skills
Job Titles
1 7 (46.67%) Senior
2 4 (26.67%) Customer Engineer
2 4 (26.67%) Data Engineer
2 4 (26.67%) Data Manager
2 4 (26.67%) Developer
2 4 (26.67%) Engineering Manager
2 4 (26.67%) Machine Learning Developer
2 4 (26.67%) Senior Manager
3 3 (20.00%) Data Scientist
3 3 (20.00%) Senior Data Scientist
Libraries, Frameworks & Software Standards
1 4 (26.67%) PySpark
1 4 (26.67%) PyTorch
1 4 (26.67%) TensorFlow
Miscellaneous
1 5 (33.33%) Algorithms
2 4 (26.67%) Product Ownership
2 4 (26.67%) Robotics
3 2 (13.33%) Onboarding
3 2 (13.33%) Semantic Web
4 1 (6.67%) Credit Risk
Processes & Methodologies
1 11 (73.33%) Data Science
1 11 (73.33%) Machine Learning
2 8 (53.33%) Data Engineering
2 8 (53.33%) Validation
3 6 (40.00%) Artificial Intelligence
3 6 (40.00%) Mathematics
3 6 (40.00%) Natural Language Processing
4 5 (33.33%) Analytics
5 4 (26.67%) Bayesian Methods
5 4 (26.67%) Computer Vision
5 4 (26.67%) Decision Theory
5 4 (26.67%) Decision-Making
5 4 (26.67%) Deep Learning
5 4 (26.67%) Feasibility Study
5 4 (26.67%) Game Theory
5 4 (26.67%) Kalman Filter
5 4 (26.67%) Problem-Solving
5 4 (26.67%) Random Forest
5 4 (26.67%) Statistical Inference
5 4 (26.67%) Statistical Modelling
Programming Languages
1 11 (73.33%) Python
1 11 (73.33%) SQL
2 6 (40.00%) MATLAB
3 2 (13.33%) R
Qualifications
1 5 (33.33%) Degree
2 4 (26.67%) BPSS Clearance
2 4 (26.67%) PhD
2 4 (26.67%) Security Cleared
Quality Assurance & Compliance
1 1 (6.67%) Accessibility
Vendors
1 4 (26.67%) Databricks
1 4 (26.67%) OpenAI