Quantitative Research
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Quantitative Research skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Quantitative Research over the 6 months to 26 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 677 708 758
Rank change year-on-year +31 +50 -4
Permanent jobs citing Quantitative Research 219 293 489
As % of all permanent jobs advertised in the UK 0.22% 0.28% 0.32%
As % of the Processes & Methodologies category 0.26% 0.29% 0.33%
Number of salaries quoted 124 172 146
10th Percentile £31,549 £41,425 £38,037
25th Percentile £47,236 £67,188 £43,000
Median annual salary (50th Percentile) £105,000 £105,000 £60,000
Median % change year-on-year - +75.00% +11.63%
75th Percentile £146,250 £150,000 £82,500
90th Percentile £171,375 £200,000 £115,000
UK excluding London median annual salary £35,207 £68,000 £42,500
% change year-on-year -48.23% +60.00% -15.00%

All Process and Methodology Skills
UK

Quantitative Research 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 84,460 100,219 147,325
As % of all permanent jobs advertised in the UK 86.03% 95.64% 95.59%
Number of salaries quoted 59,759 58,822 83,132
10th Percentile £29,000 £34,000 £33,500
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £62,000 £60,000
Median % change year-on-year -11.29% +3.33% +9.09%
75th Percentile £72,500 £82,500 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

Quantitative Research
Job Vacancy Trend

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

Job vacancy trend for Quantitative Research in the UK

Quantitative Research
Salary Trend

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

Salary trend for Quantitative Research in the UK

Quantitative Research
Salary Histogram

Salary distribution for jobs citing Quantitative Research over the 6 months to 26 April 2024.

Salary histogram for Quantitative Research in the UK

Quantitative Research
Top 17 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Research within the UK over the 6 months to 26 April 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 +14 169 £105,000 - 110
London +37 115 £137,500 +25.00% 96
UK excluding London +43 93 £35,207 -48.23% 17
Work from Home +49 91 £105,000 - 28
Scotland -36 27 - - 3
North of England +40 16 £49,612 -29.13% 4
South East +30 15 £31,500 -53.68% 4
Midlands +15 13 £35,000 -46.15% 1
North West 0 10 £65,000 -7.14% 3
Northern Ireland - 9 - -
East Midlands - 8 £35,000 -
West Midlands +27 5 £32,750 -49.62% 1
South West -19 5 £47,112 +17.45% 1
East of England - 5 £50,527 - 4
Yorkshire +98 4 £35,413 -38.47% 1
Wales +8 3 - - 1
North East +1 2 £44,225 +10.56%

Quantitative Research
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 8 (3.65%) Confluence
2 3 (1.37%) Apache Spark
3 2 (0.91%) Apache
3 2 (0.91%) SAS
4 1 (0.46%) Apache Airflow
Applications
1 15 (6.85%) Microsoft PowerPoint
2 13 (5.94%) Microsoft Excel
3 12 (5.48%) Microsoft Office
4 9 (4.11%) InVision
4 9 (4.11%) Sketch
5 8 (3.65%) SPSS
6 6 (2.74%) UserZoom
7 5 (2.28%) Stata
8 3 (1.37%) Adobe XD
9 2 (0.91%) Spreadsheet
10 1 (0.46%) Trello
Cloud Services
1 56 (25.57%) AWS
1 56 (25.57%) Azure
2 43 (19.63%) GCP
3 6 (2.74%) Microsoft 365
4 4 (1.83%) Figma
4 4 (1.83%) Miro
5 1 (0.46%) Amazon S3
5 1 (0.46%) Contentsquare
5 1 (0.46%) GitHub
5 1 (0.46%) Google Analytics
5 1 (0.46%) Google Tag Manager
5 1 (0.46%) NuGet
5 1 (0.46%) Salesforce Sales Cloud
5 1 (0.46%) Salesforce Service Cloud
5 1 (0.46%) Snowflake
Communications & Networking
1 6 (2.74%) Intranet
2 4 (1.83%) Internet
3 1 (0.46%) Firewall
3 1 (0.46%) SNA
Database & Business Intelligence
1 7 (3.20%) NoSQL
2 3 (1.37%) PostgreSQL
3 2 (0.91%) Hadoop
3 2 (0.91%) QGIS
3 2 (0.91%) Tableau
4 1 (0.46%) Big Data
4 1 (0.46%) Dremio
4 1 (0.46%) MySQL
4 1 (0.46%) RDBMS
4 1 (0.46%) Relational Database
4 1 (0.46%) Tick Data
Development Applications
1 8 (3.65%) JIRA
2 3 (1.37%) Git
3 1 (0.46%) Bitbucket
3 1 (0.46%) TeamCity
3 1 (0.46%) Visual Website Optimizer
General
1 97 (44.29%) Finance
2 54 (24.66%) Front Office
3 51 (23.29%) Social Skills
4 32 (14.61%) Inclusion and Diversity
5 27 (12.33%) Law
6 26 (11.87%) Analytical Skills
7 20 (9.13%) Banking
8 16 (7.31%) Marketing
9 13 (5.94%) Investment Banking
10 11 (5.02%) Presentation Skills
10 11 (5.02%) Public Sector
11 8 (3.65%) Legal
12 6 (2.74%) Organisational Skills
13 5 (2.28%) Social Science
14 3 (1.37%) Advertising
14 3 (1.37%) Retail
15 2 (0.91%) Electronics
15 2 (0.91%) Influencing Skills
15 2 (0.91%) Manufacturing
16 1 (0.46%) Wearables
Job Titles
1 78 (35.62%) Developer
2 69 (31.51%) Quantitative Developer
3 63 (28.77%) Senior
4 52 (23.74%) User Researcher
5 45 (20.55%) Python Developer
6 33 (15.07%) Senior User Researcher
7 24 (10.96%) Finance Manager
8 22 (10.05%) Analyst
9 20 (9.13%) Lead
10 13 (5.94%) Software Engineer
11 12 (5.48%) Lead Software Engineer
11 12 (5.48%) Python Engineer
11 12 (5.48%) Python Software Engineer
11 12 (5.48%) Senior Software Engineer
12 10 (4.57%) Business Analyst
12 10 (4.57%) C++ Developer
12 10 (4.57%) C++ Quantitative Developer
13 9 (4.11%) Consultant
14 8 (3.65%) Research Manager
14 8 (3.65%) Risk Analyst
Libraries, Frameworks & Software Standards
1 5 (2.28%) .NET
2 3 (1.37%) CSS
2 3 (1.37%) HTML
2 3 (1.37%) NumPy
2 3 (1.37%) Pandas
3 2 (0.91%) Apache Commons
4 1 (0.46%) .NET Core
4 1 (0.46%) Apache Thrift
4 1 (0.46%) COM
4 1 (0.46%) Dask
4 1 (0.46%) FIX Protocol
4 1 (0.46%) GraphQL
4 1 (0.46%) gRPC
4 1 (0.46%) OpenAPI
4 1 (0.46%) OpenTelemetry
4 1 (0.46%) scikit-learn
4 1 (0.46%) XML
4 1 (0.46%) XSLT
Miscellaneous
1 65 (29.68%) Hedge funds
2 58 (26.48%) Equities
3 49 (22.37%) Fixed Income
4 46 (21.00%) Derivative
5 39 (17.81%) Product Ownership
6 14 (6.39%) Cloud Native
7 13 (5.94%) Algorithms
8 10 (4.57%) Data Structures
9 7 (3.20%) Foreign Exchange (FX)
9 7 (3.20%) Market Risk
9 7 (3.20%) NHS
10 5 (2.28%) Credit Derivative
10 5 (2.28%) Data Protection Act
10 5 (2.28%) Greenfield Project
10 5 (2.28%) Self-Motivation
11 4 (1.83%) Distributed Computing
12 3 (1.37%) Blog
12 3 (1.37%) Mobile App
13 2 (0.91%) Onboarding
14 1 (0.46%) Distributed Systems
Operating Systems
1 3 (1.37%) Linux
2 1 (0.46%) Windows
Processes & Methodologies
1 116 (52.97%) Agile
2 100 (45.66%) Qualitative Research
3 67 (30.59%) Software Engineering
4 66 (30.14%) User Research
5 48 (21.92%) Actionable Insight
6 47 (21.46%) Workshop Facilitation
7 45 (20.55%) Asset Management
8 44 (20.09%) Decision-Making
8 44 (20.09%) Investment Management
9 43 (19.63%) User-Centered Design (UCD)
10 41 (18.72%) Computer Science
11 39 (17.81%) Customer Experience
12 34 (15.53%) Problem-Solving
12 34 (15.53%) User Experience
13 33 (15.07%) Backlog Prioritisation
13 33 (15.07%) Digital Customer Experience
13 33 (15.07%) Empathy Maps
13 33 (15.07%) Requirements Analysis
14 28 (12.79%) Mathematics
15 27 (12.33%) Data Analysis
Programming Languages
1 96 (43.84%) Python
2 51 (23.29%) R
3 27 (12.33%) C++
3 27 (12.33%) Java
4 16 (7.31%) C#
5 13 (5.94%) SQL
6 4 (1.83%) JavaScript
7 2 (0.91%) Ada
8 1 (0.46%) Dart
8 1 (0.46%) F#
8 1 (0.46%) Go
8 1 (0.46%) Kotlin
8 1 (0.46%) MATLAB
8 1 (0.46%) Scala
8 1 (0.46%) VBA
8 1 (0.46%) VC++
Qualifications
1 68 (31.05%) Degree
2 33 (15.07%) SC Cleared
2 33 (15.07%) Security Cleared
3 15 (6.85%) Master's Degree
4 9 (4.11%) Computer Science Degree
5 7 (3.20%) PhD
6 4 (1.83%) BPSS Clearance
7 2 (0.91%) Numerate Degree
7 2 (0.91%) Postgraduate
Quality Assurance & Compliance
1 55 (25.11%) Accessibility
2 10 (4.57%) Actionable Recommendations
3 4 (1.83%) GDPR
4 3 (1.37%) PMO
4 3 (1.37%) QA
4 3 (1.37%) WCAG
5 1 (0.46%) Data Quality
5 1 (0.46%) MiFID
System Software
1 1 (0.46%) Slurm Workload Manager
Systems Management
1 3 (1.37%) Kubernetes
2 1 (0.46%) Prometheus
Vendors
1 39 (17.81%) Bloomberg
2 22 (10.05%) Microsoft
3 7 (3.20%) Hotjar
3 7 (3.20%) Qualtrics
4 6 (2.74%) Adobe
5 4 (1.83%) Mercator
6 2 (0.91%) Databricks
6 2 (0.91%) Google
7 1 (0.46%) Optimizely
7 1 (0.46%) Oracle
7 1 (0.46%) Salesforce