Master's Degree
UK
The following table provides summary statistics for contract job vacancies with a requirement for Master's Degree qualifications. Included is a benchmarking guide to the contractor rates offered over the 6 months to 18 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 18 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 231 | 305 | 425 |
| Rank change year-on-year | +74 | +120 | -39 |
| Contract jobs citing Master's Degree | 415 | 468 | 500 |
| As % of all contract jobs advertised in the UK | 0.97% | 0.82% | 0.57% |
| As % of the Qualifications category | 3.24% | 3.02% | 2.65% |
| Number of daily rates quoted | 244 | 301 | 292 |
| 10th Percentile | £350 | £400 | £330 |
| 25th Percentile | £450 | £481 | £475 |
| Median daily rate (50th Percentile) | £550 | £625 | £590 |
| Median % change year-on-year | -12.00% | +5.93% | +9.67% |
| 75th Percentile | £700 | £788 | £750 |
| 90th Percentile | £800 | £950 | £800 |
| UK excluding London median daily rate | £550 | £513 | £490 |
| % change year-on-year | +7.32% | +4.59% | -2.00% |
| Number of hourly rates quoted | 48 | 34 | 27 |
| 10th Percentile | £21.96 | £23.70 | £19.11 |
| 25th Percentile | £38.84 | £42.50 | £19.52 |
| Median hourly rate | £55.00 | £45.00 | £29.25 |
| Median % change year-on-year | +22.22% | +53.85% | -3.70% |
| 75th Percentile | £65.00 | £65.00 | £47.50 |
| 90th Percentile | £83.75 | - | £68.75 |
| UK excluding London median hourly rate | £55.00 | £45.00 | £26.12 |
| % change year-on-year | +22.22% | +72.28% | +7.49% |
All Academic and Professional Certifications
UK
Master's Degree is in the Academic Qualifications and Professional Certifications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for academic qualifications or professional certifications.
| Contract vacancies requiring academic qualifications or professional certifications | 12,818 | 15,477 | 18,900 |
| As % of all contract IT jobs advertised in the UK | 30.10% | 27.18% | 21.59% |
| Number of daily rates quoted | 7,971 | 10,343 | 12,521 |
| 10th Percentile | £308 | £330 | £338 |
| 25th Percentile | £425 | £450 | £425 |
| Median daily rate (50th Percentile) | £533 | £550 | £525 |
| Median % change year-on-year | -3.09% | +4.76% | +7.62% |
| 75th Percentile | £646 | £650 | £630 |
| 90th Percentile | £738 | £743 | £702 |
| UK excluding London median daily rate | £533 | £525 | £500 |
| % change year-on-year | +1.52% | +5.00% | +11.11% |
| Number of hourly rates quoted | 1,057 | 768 | 763 |
| 10th Percentile | £13.69 | £15.24 | £14.25 |
| 25th Percentile | £17.72 | £21.00 | £19.82 |
| Median hourly rate | £40.00 | £54.99 | £43.95 |
| Median % change year-on-year | -27.26% | +25.12% | +20.41% |
| 75th Percentile | £61.60 | £68.25 | £58.75 |
| 90th Percentile | £76.25 | £79.19 | £67.50 |
| UK excluding London median hourly rate | £40.33 | £50.00 | £35.00 |
| % change year-on-year | -19.35% | +42.86% | +6.06% |
Master's Degree
Job Vacancy Trend
Job postings citing Master's Degree as a proportion of all IT jobs advertised.
Master's Degree
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Master's Degree.
Master's Degree
Daily Rate Histogram
Daily rate distribution for jobs citing Master's Degree over the 6 months to 18 May 2024.
Master's Degree
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Master's Degree.
Master's Degree
Hourly Rate Histogram
Hourly rate distribution of jobs citing Master's Degree over the 6 months to 18 May 2024.
Master's Degree
Top 16 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Master's Degree within the UK over the 6 months to 18 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 Contract IT Job Ads |
Median Daily Rate Past 6 Months |
Median Daily Rate % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| England | +66 | 360 | £550 | -15.38% | 1,317 |
| London | +64 | 200 | £550 | -21.43% | 614 |
| UK excluding London | +55 | 160 | £550 | +7.32% | 792 |
| Work from Home | +48 | 138 | £550 | -6.30% | 482 |
| South East | +21 | 51 | £525 | +5.00% | 249 |
| East of England | +9 | 30 | £625 | +64.26% | 134 |
| South West | +1 | 26 | £588 | +6.82% | 75 |
| North of England | +45 | 22 | £638 | -1.85% | 137 |
| Midlands | +21 | 17 | £550 | +15.79% | 138 |
| West Midlands | +29 | 16 | £550 | +4.76% | 89 |
| North West | +25 | 14 | £676 | +4.00% | 77 |
| Scotland | +45 | 10 | £475 | +3.26% | 39 |
| Yorkshire | - | 4 | £554 | - | 36 |
| Northern Ireland | - | 4 | £538 | - | 12 |
| North East | - | 3 | £588 | - | 27 |
| East Midlands | +6 | 1 | - | - | 49 |
Master's Degree
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:
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