Quantitative Analysis
UK

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 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 848 932 1097
Rank change year-on-year +84 +165 -232
Permanent jobs citing Quantitative Analysis 62 47 140
As % of all permanent jobs advertised in the UK 0.063% 0.045% 0.089%
As % of the Processes & Methodologies category 0.073% 0.048% 0.093%
Number of salaries quoted 26 36 55
10th Percentile £34,187 £41,086 £40,695
25th Percentile £41,375 £44,094 £50,625
Median annual salary (50th Percentile) £47,236 £62,008 £65,000
Median % change year-on-year -23.82% -4.60% +6.12%
75th Percentile £86,875 £85,000 £85,000
90th Percentile £100,000 £101,250 £128,000
UK excluding London median annual salary £45,000 £50,000 £70,000
% change year-on-year -10.00% -28.57% +9.80%

All Process and Methodology Skills
UK

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.

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%

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 6 May 2024.

Salary histogram for Quantitative Analysis in the UK

Quantitative Analysis
Top 13 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 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 +112 50 £44,000 -29.33% 48
London +128 36 £43,000 -33.85% 40
Work from Home +93 32 £37,500 -28.57% 16
UK excluding London 0 17 £45,000 -10.00% 12
Midlands +19 7 £61,000 +22.00%
West Midlands +30 6 £61,000 +16.19%
North of England +58 4 - - 1
North West +20 3 - -
Scotland -61 3 - - 5
South West -32 2 £34,791 -40.78% 1
East Midlands -13 1 £30,000 -40.00%
Yorkshire - 1 - - 1
East of England - 1 - - 1

Quantitative Analysis
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 5 (8.06%) Apache Spark
2 2 (3.23%) Apache
3 1 (1.61%) Jupyter
Applications
1 15 (24.19%) Microsoft Excel
2 7 (11.29%) Microsoft PowerPoint
3 5 (8.06%) Stata
4 3 (4.84%) SPSS
5 2 (3.23%) LaTeX
6 1 (1.61%) Microsoft Office
6 1 (1.61%) Spreadsheet
Business Applications
1 1 (1.61%) NetSuite
Cloud Services
1 8 (12.90%) AWS
2 6 (9.68%) Power Platform
3 1 (1.61%) Google Sheets
3 1 (1.61%) SaaS
Database & Business Intelligence
1 12 (19.35%) Tableau
2 8 (12.90%) Big Data
3 6 (9.68%) Power BI
4 5 (8.06%) Amazon Redshift
4 5 (8.06%) Hadoop
5 3 (4.84%) Data Lake
6 2 (3.23%) Amazon QuickSight
6 2 (3.23%) GIS
6 2 (3.23%) QGIS
7 1 (1.61%) Looker
Development Applications
1 2 (3.23%) Git
General
1 40 (64.52%) Analytical Skills
2 28 (45.16%) Finance
3 23 (37.10%) Social Skills
4 21 (33.87%) Marketing
5 20 (32.26%) Retail
6 16 (25.81%) Legal
7 3 (4.84%) Advertising
7 3 (4.84%) Inclusion and Diversity
8 2 (3.23%) Telecoms
9 1 (1.61%) Back Office
9 1 (1.61%) Banking
9 1 (1.61%) Electronics
9 1 (1.61%) Games
9 1 (1.61%) Manufacturing
9 1 (1.61%) Organisational Skills
9 1 (1.61%) Public Sector
9 1 (1.61%) Wearables
Job Titles
1 40 (64.52%) Analyst
2 13 (20.97%) Senior
3 7 (11.29%) Insight Analyst
3 7 (11.29%) Senior Manager
4 5 (8.06%) Product Manager
4 5 (8.06%) Senior Analyst
5 4 (6.45%) Data Analyst
5 4 (6.45%) Senior Product Manager
6 3 (4.84%) Business Analyst
6 3 (4.84%) Developer
6 3 (4.84%) Head of Business Intelligence
6 3 (4.84%) Java Developer
6 3 (4.84%) Qualitative Analyst
6 3 (4.84%) Quantitative Analyst
6 3 (4.84%) Research Manager
6 3 (4.84%) Risk Analyst
7 2 (3.23%) Business Intelligence Analyst
7 2 (3.23%) Java Quantitative Developer
7 2 (3.23%) Quantitative Developer
7 2 (3.23%) Senior Data Analyst
Libraries, Frameworks & Software Standards
1 3 (4.84%) MLlib
1 3 (4.84%) MXNet
1 3 (4.84%) NumPy
1 3 (4.84%) PyTorch
1 3 (4.84%) scikit-learn
1 3 (4.84%) SciPy
1 3 (4.84%) TensorFlow
2 2 (3.23%) Apache Commons
3 1 (1.61%) WPF
Miscellaneous
1 16 (25.81%) Life Science
2 10 (16.13%) Onboarding
3 5 (8.06%) Algorithms
4 4 (6.45%) Product Ownership
5 3 (4.84%) Blog
5 3 (4.84%) Data Centre
5 3 (4.84%) Distributed Systems
6 2 (3.23%) Analytical Mindset
6 2 (3.23%) Distributed Computing
6 2 (3.23%) Driving Licence
7 1 (1.61%) Management Information System
7 1 (1.61%) Market Risk
7 1 (1.61%) Marketing Technology
7 1 (1.61%) Renewable Energy
7 1 (1.61%) Robotics
7 1 (1.61%) Smartphone
7 1 (1.61%) Virtual Team
Operating Systems
1 1 (1.61%) Linux
Processes & Methodologies
1 31 (50.00%) Analytics
2 22 (35.48%) Artificial Intelligence
3 21 (33.87%) Machine Learning
4 20 (32.26%) Data Management
5 17 (27.42%) Decision-Making
6 16 (25.81%) Time Management
7 15 (24.19%) Business Intelligence
7 15 (24.19%) Market Surveillance
7 15 (24.19%) Neuroscience
7 15 (24.19%) Visualisation
8 13 (20.97%) Problem-Solving
9 10 (16.13%) Statistics
10 9 (14.52%) Data Visualisation
11 8 (12.90%) Agile
11 8 (12.90%) Computer Science
11 8 (12.90%) Customer Experience
11 8 (12.90%) Mathematics
12 7 (11.29%) Data Science
12 7 (11.29%) Quantitative Research
12 7 (11.29%) Roadmaps
Programming Languages
1 24 (38.71%) Python
2 13 (20.97%) SQL
3 8 (12.90%) R
4 6 (9.68%) C++
4 6 (9.68%) Java
5 4 (6.45%) C#
6 3 (4.84%) MATLAB
7 1 (1.61%) VBA
Qualifications
1 43 (69.35%) Degree
2 9 (14.52%) Master's Degree
3 8 (12.90%) PhD
4 5 (8.06%) DBS Check
5 2 (3.23%) Computer Science Degree
Quality Assurance & Compliance
1 8 (12.90%) QA
2 6 (9.68%) Data Quality
3 3 (4.84%) SLA
4 2 (3.23%) Accessibility
4 2 (3.23%) Disclosure Scotland
Vendors
1 11 (17.74%) Microsoft
2 6 (9.68%) Facebook
3 4 (6.45%) Alteryx
4 2 (3.23%) Cadence
5 1 (1.61%) Dataiku
5 1 (1.61%) Google
5 1 (1.61%) Oracle
5 1 (1.61%) Salesforce
5 1 (1.61%) SAP