The median annual salary for a Quantitative Analyst was £80,000 in advertised job vacancies during the 3 months to 25 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
UK
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 849 888 943
Rank change year-on-year +39 +55  
Permanent jobs requiring a Quantitative Analyst 23 36 28
As % of all permanent IT jobs advertised in the UK 0.026% 0.037% 0.025%
As % of the Job Titles category 0.027% 0.038% 0.026%
Number of salaries quoted 20 30 22
Median salary £80,000 £76,250 £83,500
Median salary % change year-on-year +4.91% -8.68%  
90% offered a salary of more than £59,250 £49,750 £55,750
10% offered a salary of more than £130,500 £100,500 £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. 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 84528 93714 106901
As % of all permanent IT job vacancies advertised in the UK 95.96% 96.53% 96.58%
Number of salaries quoted 69082 78988 88114
Median salary £46,500 £47,500 £45,000
Median salary % change year-on-year -2.10% +5.55%  
90% offered a salary of more than £27,500 £27,500 £26,500
10% offered a salary of more than £74,000 £70,000 £72,000
UK excluding London median salary £42,500 £41,500 £40,000
% change year-on-year +2.40% +3.75%  

Quantitative Analyst
Job Vacancy Trend

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 25 June 2017.

Salary histogram for Quantitative Analyst in the UK

Quantitative Analyst
Top 3 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 25 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
England +39 23 £80,000 +4.91% 10
London +15 23 £80,000 +3.22% 10
City of London +29 4 £63,750 -8.92% 2

Quantitative Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 25 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 featuring Quantitative Analyst in the job title.

1 45 (67.16%) Finance
2 44 (65.67%) Front Office
3 40 (59.70%) C++
4 39 (58.21%) Mathematics
5 34 (50.75%) Risk Management
6 32 (47.76%) Banking
6 32 (47.76%) PhD
7 27 (40.30%) Investment Banking
8 25 (37.31%) Degree
9 21 (31.34%) R
9 21 (31.34%) MATLAB
10 18 (26.87%) Foreign Exchange (FX)
10 18 (26.87%) Analytics
10 18 (26.87%) Master's Degree
11 17 (25.37%) Stochastic Calculus
11 17 (25.37%) C#
12 16 (23.88%) Python
12 16 (23.88%) Validation
13 15 (22.39%) Quantitative Analysis
14 13 (19.40%) Physics
15 12 (17.91%) Derivative
15 12 (17.91%) Numerate Degree
15 12 (17.91%) Financial Modelling
16 11 (16.42%) Market Risk
16 11 (16.42%) Asset Management
16 11 (16.42%) Advertising
17 10 (14.93%) Fixed Income
17 10 (14.93%) Credit Risk
18 9 (13.43%) Swaptions
18 9 (13.43%) MiFID

Quantitative Analyst Skill Set
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 5 (7.46%) SAS
Applications
1 7 (10.45%) Stata
2 2 (2.99%) Microsoft Excel
3 1 (1.49%) Microsoft Office
3 1 (1.49%) Microsoft PowerPoint
Database & Business Intelligence
1 2 (2.99%) Big Data
2 1 (1.49%) BusinessObjects
2 1 (1.49%) Data Mining
General
1 45 (67.16%) Finance
2 44 (65.67%) Front Office
3 32 (47.76%) Banking
4 27 (40.30%) Investment Banking
5 11 (16.42%) Advertising
6 2 (2.99%) Back Office
6 2 (2.99%) Financial Institution
6 2 (2.99%) Games
7 1 (1.49%) Corporate Banking
Libraries, Frameworks & Software Standards
1 3 (4.48%) Middleware
Miscellaneous
1 18 (26.87%) Foreign Exchange (FX)
2 12 (17.91%) Derivative
3 11 (16.42%) Market Risk
4 10 (14.93%) Credit Risk
4 10 (14.93%) Fixed Income
5 9 (13.43%) Hedge funds
5 9 (13.43%) Swaptions
6 6 (8.96%) Computer Science
6 6 (8.96%) Equities
7 4 (5.97%) Analytical Skills
8 3 (4.48%) Fintech
9 2 (2.99%) Algorithms
10 1 (1.49%) CUDA
10 1 (1.49%) Equity Derivative
Processes & Methodologies
1 39 (58.21%) Mathematics
2 34 (50.75%) Risk Management
3 18 (26.87%) Analytics
4 17 (25.37%) Stochastic Calculus
5 16 (23.88%) Validation
6 15 (22.39%) Quantitative Analysis
7 13 (19.40%) Physics
8 12 (17.91%) Financial Modelling
9 11 (16.42%) Asset Management
10 9 (13.43%) Credit Risk Management
10 9 (13.43%) Economics
11 8 (11.94%) Stress Testing
12 6 (8.96%) Quantitative Finance
12 6 (8.96%) Statistics
13 5 (7.46%) Monte Carlo Method
14 4 (5.97%) Benchmarking
14 4 (5.97%) Project Management
14 4 (5.97%) Quantitative Research
14 4 (5.97%) Strategic Management
15 3 (4.48%) E-Commerce
Programming Languages
1 40 (59.70%) C++
2 21 (31.34%) MATLAB
2 21 (31.34%) R
3 17 (25.37%) C#
4 16 (23.88%) Python
5 9 (13.43%) Java
6 8 (11.94%) SQL
7 2 (2.99%) VBA
8 1 (1.49%) Julia
Qualifications
1 32 (47.76%) PhD
2 25 (37.31%) Degree
3 18 (26.87%) Master's Degree
4 12 (17.91%) Numerate Degree
5 1 (1.49%) Computer Science Degree
Quality Assurance & Compliance
1 9 (13.43%) MiFID
2 7 (10.45%) EMIR
2 7 (10.45%) QA
3 6 (8.96%) Dodd-Frank
4 4 (5.97%) Basel II
4 4 (5.97%) IFRS
4 4 (5.97%) IFRS 9
5 3 (4.48%) Basel III
Vendors
1 1 (1.49%) Bloomberg
1 1 (1.49%) Tableau
London
Harvey Nash plc
Salary: £40000 - £70000 per annum
Posted: 2 days ago
London
Westbourne Partners
Salary: Up to £120,000 per annum
Posted: Yesterday
City, London
Evolution Recruitment Solutions
Salary: 30,000 + BENEFITS
Posted: 3 days ago
City, London
Deerfoot IT Resources Ltd
Salary: Competitive salary and excellent benefits
Posted: Yesterday
London
Hays London City Cheapside
Salary: £80000.00 - £100000.00 per annum
Posted: 3 days ago
London
ClearCube Consulting
Salary: From £70,000 to £120,000 per annum
Posted: 3 days ago
London
Nicoll Curtin Technology
Salary: BENEFITS + BONUS
Posted: 2 days ago
London
Optima Connections
Salary: Up to £85,000 per annum + Bonus + Benefits
Posted: 6 days ago