The median annual salary for a Quantitative Analyst was £85,000 in advertised job vacancies during the 3 months to 24 March 2017.

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

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Quant Analyst
UK
Rank 813 901 944
Rank change year-on-year +88 +43  
Permanent jobs requiring a Quantitative Analyst 44 47 15
As % of all permanent IT jobs advertised in the UK 0.052% 0.046% 0.014%
As % of the Job Titles category 0.054% 0.047% 0.015%
Number of salaries quoted 39 45 10
Median salary £85,000 £77,500 £70,000
Median salary % change year-on-year +9.67% +10.71%  
90% offered a salary of more than £62,000 £50,000 £50,000
10% offered a salary of more than £120,000 £105,500 £92,750
UK excluding London median salary - £55,000 -

The next table is for comparison with the above and includes summary statistics for all job roles in permanent job vacancies. 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
UK
Permanent job vacancies with a job title containing a recognized job role 81782 99209 102096
As % of all permanent IT job vacancies advertised in the UK 96.26% 96.37% 96.63%
Number of salaries quoted 67852 83080 83346
Median salary £45,000 £45,000 £45,000
90% offered a salary of more than £27,500 £27,500 £26,500
10% offered a salary of more than £72,500 £70,000 £70,000
UK excluding London median salary £42,000 £41,500 £40,000
% change year-on-year +1.20% +3.75%  

Quantitative Analyst
Job Vacancy Trend

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

Job vacancy trend for Quantitative Analyst in the UK

Quantitative Analyst
Salary Trend

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

Salary trend for Quantitative Analyst in the UK

Quantitative Analyst
Salary Histogram

The salary distribution of IT jobs citing Quantitative Analyst over the 3 months to 24 March 2017.

Salary histogram for Quantitative Analyst in the UK

Quantitative Analyst
Top 8 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Analyst within the UK over the 3 months to 24 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
England +100 44 £85,000 +6.25% 7
London +71 42 £85,000 +3.03% 6
City of London +63 17 £77,500 -6.06% 3
North West -17 1 - -
Manchester -20 1 - -
Yorkshire - 1 - -
Leeds - 1 - -
West Yorkshire - 1 - -

Quantitative Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 24 March 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 featuring Quantitative Analyst in the job title.

1 46 (66.67%) Mathematics
1 46 (66.67%) Finance
2 37 (53.62%) C++
3 36 (52.17%) PhD
3 36 (52.17%) Front Office
4 34 (49.28%) Risk Management
5 31 (44.93%) Degree
6 29 (42.03%) R
6 29 (42.03%) Banking
7 26 (37.68%) MATLAB
8 25 (36.23%) Foreign Exchange (FX)
9 19 (27.54%) Validation
10 18 (26.09%) Investment Banking
11 17 (24.64%) Python
12 16 (23.19%) C#
13 14 (20.29%) Physics
13 14 (20.29%) Market Risk
13 14 (20.29%) Stochastic Calculus
14 13 (18.84%) Derivative
15 12 (17.39%) MiFID
15 12 (17.39%) Quantitative Analysis
15 12 (17.39%) Credit Risk
15 12 (17.39%) Financial Modelling
15 12 (17.39%) Analytics
15 12 (17.39%) Credit Risk Management
16 11 (15.94%) SQL
16 11 (15.94%) Asset Management
16 11 (15.94%) Advertising
16 11 (15.94%) Fixed Income
17 10 (14.49%) Economics

Quantitative Analyst Skill Set
Top Related 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 2 (2.90%) SAS
Applications
1 7 (10.14%) Stata
2 4 (5.80%) MS Excel
3 1 (1.45%) MS Office
3 1 (1.45%) MS PowerPoint
Business Applications
1 1 (1.45%) FINCAD Analytics
Database & Business Intelligence
1 2 (2.90%) Big Data
2 1 (1.45%) BusinessObjects
2 1 (1.45%) Data Mining
2 1 (1.45%) Data Warehouse
2 1 (1.45%) SQL Server
General
1 46 (66.67%) Finance
2 36 (52.17%) Front Office
3 29 (42.03%) Banking
4 18 (26.09%) Investment Banking
5 11 (15.94%) Advertising
6 5 (7.25%) Games
7 3 (4.35%) Financial Institution
8 1 (1.45%) Corporate Banking
Libraries, Frameworks & Software Standards
1 3 (4.35%) Middleware
2 1 (1.45%) HTML
Miscellaneous
1 25 (36.23%) Foreign Exchange (FX)
2 14 (20.29%) Market Risk
3 13 (18.84%) Derivative
4 12 (17.39%) Credit Risk
5 11 (15.94%) Fixed Income
6 10 (14.49%) Analytical Skills
7 9 (13.04%) Hedge funds
8 8 (11.59%) Equities
8 8 (11.59%) Swaptions
9 6 (8.70%) Algorithms
9 6 (8.70%) Computer Science
9 6 (8.70%) Fintech
10 1 (1.45%) Data Structures
10 1 (1.45%) Equity Derivative
10 1 (1.45%) Interest Rate Derivative
Operating Systems
1 1 (1.45%) Linux
1 1 (1.45%) Windows
Processes & Methodologies
1 46 (66.67%) Mathematics
2 34 (49.28%) Risk Management
3 19 (27.54%) Validation
4 14 (20.29%) Physics
4 14 (20.29%) Stochastic Calculus
5 12 (17.39%) Analytics
5 12 (17.39%) Credit Risk Management
5 12 (17.39%) Financial Modelling
5 12 (17.39%) Quantitative Analysis
6 11 (15.94%) Asset Management
7 10 (14.49%) Economics
8 6 (8.70%) Statistical Analysis
8 6 (8.70%) Statistics
8 6 (8.70%) Stress Testing
9 5 (7.25%) Predictive Modelling
9 5 (7.25%) Quantitative Finance
10 4 (5.80%) Presales
10 4 (5.80%) Project Management
11 3 (4.35%) E-Commerce
11 3 (4.35%) OO
Programming Languages
1 37 (53.62%) C++
2 29 (42.03%) R
3 26 (37.68%) MATLAB
4 17 (24.64%) Python
5 16 (23.19%) C#
6 11 (15.94%) SQL
7 6 (8.70%) Java
8 4 (5.80%) VBA
9 1 (1.45%) Julia
9 1 (1.45%) VB
Qualifications
1 36 (52.17%) PhD
2 31 (44.93%) Degree
Quality Assurance & Compliance
1 12 (17.39%) MiFID
2 10 (14.49%) EMIR
3 9 (13.04%) Dodd-Frank
4 3 (4.35%) Basel III
4 3 (4.35%) QA
5 2 (2.90%) Basel II
5 2 (2.90%) IFRS
5 2 (2.90%) IFRS 9
Vendors
1 1 (1.45%) Microsoft
1 1 (1.45%) Oracle
1 1 (1.45%) Tableau
Cambridge, Cambridgeshire
ECM Selection
Salary: to £45,000 DoE
Posted: 15 hours ago
London
Oho Group Ltd.
Salary: £60000 - £150000 per annum, Benefits Excellent Bonus and Benefits
Posted: 23 hours ago
Central London / West End
ClearCube Consulting
Salary: Up to £120,000 per annum
Posted: Yesterday
City, London
McGregor Boyall
Posted: 2 days ago
City, London
Harrington Starr
Posted: 2 days ago
London
ClearCube Consulting
Salary: From £45,000 to £65,000 per annum
Posted: Yesterday
City, London
JM
Salary: £60000 - £70000 per annum + Bonus + Benefits
Posted: Yesterday