Period
to 28 October 2020

The following table provides summary statistics for permanent job vacancies with a requirement for Quantitative Analysis skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Quantitative Analysis over the 6 months to 28 October 2020 with a comparison to the same period in the previous 2 years.

Quantitative Analysis
UK
6 months to
28 Oct 2020
Same period 2019 Same period 2018
Rank 611 833 1032
Rank change year-on-year +222 +199 +56
Permanent jobs citing Quantitative Analysis 78 233 138
As % of all permanent jobs advertised in the UK 0.16% 0.17% 0.084%
As % of the Processes & Methodologies category 0.17% 0.18% 0.092%
Number of salaries quoted 75 208 107
Median annual salary £135,000 £90,000 £80,000
Median salary % change year-on-year +50.00% +12.50% +72.97%
10th Percentile £56,250 £35,000 £35,500
90th Percentile £172,500 £152,500 £112,500
UK excluding London median annual salary £57,500 £40,000 £42,500
% change year-on-year +43.75% -5.88% +32.81%

Quantitative Analysis 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.

All Process and Methodology Skills
UK
Permanent vacancies with a requirement for process or methodology skills 45,824 126,277 150,476
As % of all permanent IT jobs advertised in the UK 92.40% 92.21% 91.94%
Number of salaries quoted 37,784 99,664 119,596
Median annual salary £55,000 £52,500 £50,000
Median salary % change year-on-year +4.76% +5.00% -
10th Percentile £32,750 £30,000 £29,000
90th Percentile £90,000 £86,250 £83,750
UK excluding London median annual salary £49,000 £45,000 £45,000
% change year-on-year +8.89% - +5.88%

Quantitative Analysis
Job Vacancy Trend

Job postings citing Quantitative Analysis as a proportion of all IT jobs advertised.

Job vacancy trend for Quantitative Analysis in the UK

Quantitative Analysis
Salary Trend

3-month moving average salary quoted in jobs citing Quantitative Analysis.

Salary trend for Quantitative Analysis in the UK

Quantitative Analysis
Salary Histogram

Salary distribution for jobs citing Quantitative Analysis over the 6 months to 28 October 2020.

Salary histogram for Quantitative Analysis in the UK

Quantitative Analysis
Top 11 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Analysis within the UK over the 6 months to 28 October 2020. 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
England +228 77 £135,000 +50.00% 4
London +164 68 £135,000 +20.00% 3
UK excluding London +277 10 £57,500 +43.75% 2
Midlands +102 4 £57,500 +43.75%
East Midlands - 4 £57,500 -
North of England +169 2 £61,250 +16.67%
North West +113 2 £61,250 +8.89%
South East - 2 £41,250 - 1
Scotland +92 1 £42,500 +13.33% 1
Work from Home +16 1 £72,500 +70.59%
South West - 1 £72,500 -

For the 6 months to 28 October 2020, IT jobs citing Quantitative Analysis also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads with a requirement for Quantitative Analysis.

1 57 (73.08%) Python
2 54 (69.23%) Finance
3 53 (67.95%) R
4 50 (64.10%) Investment Management
4 50 (64.10%) Fixed Income
4 50 (64.10%) Java
5 49 (62.82%) Web Services
6 48 (61.54%) AWS
7 47 (60.26%) Agile Software Development
8 46 (58.97%) Asset Management
8 46 (58.97%) Hedge funds
9 43 (55.13%) Google
10 42 (53.85%) Scrum
10 42 (53.85%) Azure
11 41 (52.56%) Derivative
11 41 (52.56%) GCP
12 39 (50.00%) Greenfield Project
12 39 (50.00%) Credit Derivative
12 39 (50.00%) Migration
12 39 (50.00%) C
12 39 (50.00%) Performance Management
13 25 (32.05%) Analytics
14 19 (24.36%) SQL
15 14 (17.95%) Visualisation
16 11 (14.10%) Hadoop
16 11 (14.10%) Degree
16 11 (14.10%) Mathematics
16 11 (14.10%) Computer Science
16 11 (14.10%) Data Visualisation
16 11 (14.10%) Front Office

Quantitative Analysis
Co-occurring IT Skills 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 10 (12.82%) Apache Spark
2 2 (2.56%) Elasticsearch
Applications
1 2 (2.56%) Figma
1 2 (2.56%) Microsoft Excel
2 1 (1.28%) InVision
2 1 (1.28%) Microsoft Office
2 1 (1.28%) Sketch
Business Applications
1 1 (1.28%) Salesforce.com CRM
Cloud Services
1 48 (61.54%) AWS
2 42 (53.85%) Azure
3 41 (52.56%) GCP
4 2 (2.56%) Amazon Kinesis
4 2 (2.56%) Amazon S3
4 2 (2.56%) Amazon SQS
5 1 (1.28%) Firebase
5 1 (1.28%) Google Analytics
5 1 (1.28%) Power Platform
Communications & Networking
1 3 (3.85%) Internet
Database & Business Intelligence
1 11 (14.10%) Hadoop
2 10 (12.82%) Big Data
3 9 (11.54%) Tableau
4 8 (10.26%) Apache Hive
4 8 (10.26%) Flink
5 7 (8.97%) Data Lake
6 3 (3.85%) Data Mining
7 2 (2.56%) Amazon DynamoDB
7 2 (2.56%) BigQuery
7 2 (2.56%) Mixpanel
7 2 (2.56%) SQL Server
8 1 (1.28%) Power BI
8 1 (1.28%) RDBMS
8 1 (1.28%) Relational Database
Development Applications
1 3 (3.85%) Git (software)
2 1 (1.28%) Visual Website Optimizer
General
1 54 (69.23%) Finance
2 11 (14.10%) Front Office
3 3 (3.85%) Marketing
4 2 (2.56%) Games
5 1 (1.28%) Telecoms
Job Titles
1 22 (28.21%) Developer
2 20 (25.64%) Development Manager
2 20 (25.64%) Finance Manager
3 19 (24.36%) Lead Developer
3 19 (24.36%) Python Developer
4 18 (23.08%) Analyst
5 10 (12.82%) Business Analyst
6 8 (10.26%) Data Engineer
7 7 (8.97%) Finance Business Analyst
7 7 (8.97%) Financial Analyst
7 7 (8.97%) Technical Analyst
7 7 (8.97%) Technical Business Analyst
8 4 (5.13%) Data Scientist
9 3 (3.85%) Data Manager
9 3 (3.85%) Data Science Manager
10 2 (2.56%) Business Intelligence Analyst
10 2 (2.56%) Qualitative Analyst
10 2 (2.56%) Quantitative Analyst
10 2 (2.56%) UI Engineer
10 2 (2.56%) UX Engineer
Libraries, Frameworks & Software Standards
1 49 (62.82%) Web Services
2 3 (3.85%) CSS
2 3 (3.85%) HTML
2 3 (3.85%) HTML5
2 3 (3.85%) jQuery
2 3 (3.85%) React
2 3 (3.85%) REST
3 2 (2.56%) Kafka
4 1 (1.28%) Google Maps API
4 1 (1.28%) Natural Language Processing
4 1 (1.28%) RESTful
Miscellaneous
1 50 (64.10%) Fixed Income
2 46 (58.97%) Hedge funds
3 41 (52.56%) Derivative
4 39 (50.00%) Credit Derivative
4 39 (50.00%) Greenfield Project
5 11 (14.10%) Equities
6 8 (10.26%) Analytical Skills
6 8 (10.26%) Foreign Exchange (FX)
7 7 (8.97%) Reference Data
8 5 (6.41%) User Experience
9 2 (2.56%) Algorithms
9 2 (2.56%) Equity Derivative
9 2 (2.56%) Market Risk
10 1 (1.28%) Mobile Games
10 1 (1.28%) Online Gambling
Operating Systems
1 1 (1.28%) Linux
Processes & Methodologies
1 50 (64.10%) Investment Management
2 47 (60.26%) Agile Software Development
3 46 (58.97%) Asset Management
4 42 (53.85%) Scrum
5 39 (50.00%) Migration
5 39 (50.00%) Performance Management
6 25 (32.05%) Analytics
7 14 (17.95%) Visualisation
8 11 (14.10%) Computer Science
8 11 (14.10%) Data Visualisation
8 11 (14.10%) Mathematics
9 10 (12.82%) Business Analysis
9 10 (12.82%) Statistics
10 8 (10.26%) ETL
10 8 (10.26%) Machine Learning
10 8 (10.26%) People Management
10 8 (10.26%) Problem-Solving
10 8 (10.26%) Software Engineering
10 8 (10.26%) Technical Leadership
11 7 (8.97%) Data Science
Programming Languages
1 57 (73.08%) Python
2 53 (67.95%) R
3 50 (64.10%) Java
4 39 (50.00%) C
5 19 (24.36%) SQL
6 4 (5.13%) JavaScript
7 3 (3.85%) C++
7 3 (3.85%) TypeScript
8 1 (1.28%) C#
8 1 (1.28%) Java 8
8 1 (1.28%) Kotlin
8 1 (1.28%) MATLAB
8 1 (1.28%) Scala
8 1 (1.28%) VBA
Qualifications
1 11 (14.10%) Degree
2 10 (12.82%) Computer Science Degree
3 3 (3.85%) PhD
Quality Assurance & Compliance
1 8 (10.26%) GDPR
2 2 (2.56%) Data Quality
Vendors
1 43 (55.13%) Google
2 2 (2.56%) Amplitude
3 1 (1.28%) Databricks
3 1 (1.28%) Microsoft
3 1 (1.28%) Salesforce.com