The table below looks at the statistics for Financial Modelling skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Modelling over the 3 months to 22 May 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
22 May 2015
Same period 2014 Same period 2013
Financial Modeling
Rank - - 51
Contract jobs citing Financial Modelling 0 0 2
As % of all contract IT jobs located in Canary Wharf - - 0.50%
As % of the Processes & Methodologies category - - 0.59%
Number of daily rates quoted 0 0 2
Average daily rate
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- - £468
UK excluding London average daily rate £500 £519 £376
% change year-on-year
-3.61% +37.96%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Financial Modelling
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Canary Wharf region.

Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
133 95 339
As % of all contract IT jobs located in Canary Wharf 83.65% 85.59% 84.33%
Number of daily rates quoted 84 68 260
Average daily rate £500 £475 £572
Average daily rate % change year-on-year
+5.26% -16.95%
90% offered a daily rate of more than £359 £320 £260
10% offered a daily rate of more than £600 £675 £650
UK excluding London average daily rate £388 £375 £363
% change year-on-year
+3.33% +3.44%
Number of hourly rates quoted 0 1 0
Average hourly rate - £17.50 -
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

Financial Modelling
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Financial Modelling across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Financial Modelling Jobs Demand Trend in Canary Wharf

Financial Modelling
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Financial Modelling across the Canary Wharf region.

Financial Modelling Daily Rate Trend in Canary Wharf