The first table below looks at the prevalence of the term Economics in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Economics over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the City of London region.

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
24 May 2013
Same period 2012 Same period 2011
Economics
Rank 177 209 231
Rank change year-on-year
+32 +22
Contract jobs citing Economics 26 9 14
As % of all contract IT jobs located in the City of London 0.408% 0.114% 0.143%
As % of the Miscellaneous category 1.288% 0.350% 0.356%
Number of daily rates quoted 15 3 12
Average daily rate £425 £200 £475
Average daily rate % change year-on-year
+112.50% -57.89%
90% offered a daily rate of more than £339 £200 £313
10% offered a daily rate of more than £590 £560 £598
UK excluding London average daily rate £450 £370 £350
% change year-on-year
+21.62% +5.71%
Number of hourly rates quoted 1 0 0
Average hourly rate £17.50 - -
UK excluding London average hourly rate £52.50 - £49.00
All of the Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2018 2574 3936
As % of all contract IT jobs located in the City of London 31.64% 32.73% 40.18%
Number of daily rates quoted 1496 1987 3043
Average daily rate £500 £500 £550
Average daily rate % change year-on-year
- -9.09%
90% offered a daily rate of more than £313 £298 £350
10% offered a daily rate of more than £625 £650 £675
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 47 67 54
Average hourly rate £24.00 £21.50 £21.00
Average hourly rate % change year-on-year
+11.62% +2.38%
90% offered a hourly rate of more than £15.50 £13.38 £14.50
10% offered a hourly rate of more than £135.00 £45.00 £44.03
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%
Economics
London

Economics
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Economics across the City of London region as a proportion of the total demand within the Miscellaneous category.

City of London Economics Jobs Demand Trend

Economics
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Economics across the City of London region.

City of London Economics Daily Rate Trend

Economics
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Economics across the City of London region over the 3 months to 24 May 2013.

City of London Economics Daily Rate Histogram

Economics
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Economics across the City of London region.

City of London Economics Hourly Rate Trend

Economics
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs across the City of London region citing Economics also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Economics.

1 20 (60.61%) Mathematics
2 17 (51.52%) Banking
2 17 (51.52%) Investment Banking
3 16 (48.48%) Finance
4 13 (39.39%) Degree
5 12 (36.36%) Project Management
6 10 (30.30%) Change Management
6 10 (30.30%) Project Planning
6 10 (30.30%) Credit Risk
7 9 (27.27%) Marketing
8 8 (24.24%) Statistics
9 7 (21.21%) SAS
9 7 (21.21%) SQL
9 7 (21.21%) Analytics
10 6 (18.18%) Statistical Modelling
11 5 (15.15%) Business Analytics
11 5 (15.15%) Customer Insight
11 5 (15.15%) Computer Science
11 5 (15.15%) Predictive Modelling
11 5 (15.15%) CHAID
12 4 (12.12%) Microsoft
12 4 (12.12%) VBA
12 4 (12.12%) Perl
12 4 (12.12%) Python
12 4 (12.12%) Visualisation
13 3 (9.091%) Capacity Planning
13 3 (9.091%) Django
13 3 (9.091%) Derivative
13 3 (9.091%) Equity Derivative
13 3 (9.091%) Fixed Income

Economics
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs across the City of London region citing Economics also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Economics. Up to 20 skills are shown per category.

Application Development
1 3 (9.091%) Django
1 3 (9.091%) ASP.NET
1 3 (9.091%) .NET
2 2 (6.061%) Ajax
2 2 (6.061%) Silverlight
3 1 (3.030%) ASP.NET MVC
3 1 (3.030%) Windows SharePoint Services
3 1 (3.030%) WPF
3 1 (3.030%) K2 blackpearl
Application Platforms
1 7 (21.21%) SAS
2 1 (3.030%) SharePoint Server
2 1 (3.030%) CMS
2 1 (3.030%) SharePoint
Applications
1 3 (9.091%) MS Excel
2 2 (6.061%) MS Office
3 1 (3.030%) MS PowerPoint
3 1 (3.030%) InfoPath
3 1 (3.030%) MS Project
3 1 (3.030%) SPSS
Communications & Networking
1 1 (3.030%) Internet
1 1 (3.030%) FTP
1 1 (3.030%) Kerberos
Database & Business Intelligence
1 1 (3.030%) SQL Server
General
1 17 (51.52%) Banking
1 17 (51.52%) Investment Banking
2 16 (48.48%) Finance
3 9 (27.27%) Marketing
4 3 (9.091%) Telecoms
5 2 (6.061%) Retail
6 1 (3.030%) Multimedia
6 1 (3.030%) Legal
6 1 (3.030%) Front Office
Job Titles
1 15 (45.45%) Analyst
2 10 (30.30%) Project Manager
2 10 (30.30%) Data Manager
2 10 (30.30%) Risk Manager
2 10 (30.30%) Credit Risk Project Manager
2 10 (30.30%) Strategic Project Manager
3 8 (24.24%) Senior Analyst
4 4 (12.12%) Business Analyst
4 4 (12.12%) Developer
4 4 (12.12%) SAS Analyst
4 4 (12.12%) Senior SAS Analyst
4 4 (12.12%) Insight Analyst
4 4 (12.12%) Senior Insight Analyst
5 3 (9.091%) Customer Insight Analyst
5 3 (9.091%) SAS Insight Analyst
5 3 (9.091%) Customer Analyst
5 3 (9.091%) Senior Customer Insight Analyst
6 2 (6.061%) C# Developer
7 1 (3.030%) Agile C# Developer
7 1 (3.030%) Banking Business Analyst
Miscellaneous
1 20 (60.61%) Mathematics
2 10 (30.30%) Credit Risk
3 8 (24.24%) Statistics
4 5 (15.15%) Computer Science
5 4 (12.12%) Visualisation
6 3 (9.091%) Derivative
6 3 (9.091%) Equity Derivative
6 3 (9.091%) Fixed Income
7 2 (6.061%) Physics
8 1 (3.030%) Open Source
8 1 (3.030%) Market Risk
8 1 (3.030%) iPad
8 1 (3.030%) Digital Media
8 1 (3.030%) Foreign Exchange (FX)
Operating Systems
1 1 (3.030%) UNIX
1 1 (3.030%) Linux
Processes & Methodologies
1 12 (36.36%) Project Management
2 10 (30.30%) Change Management
2 10 (30.30%) Project Planning
3 7 (21.21%) Analytics
4 6 (18.18%) Statistical Modelling
5 5 (15.15%) Business Analytics
5 5 (15.15%) Customer Insight
5 5 (15.15%) Predictive Modelling
5 5 (15.15%) CHAID
6 3 (9.091%) Capacity Planning
7 2 (6.061%) E-Commerce
7 2 (6.061%) Workflow
7 2 (6.061%) MVC
7 2 (6.061%) Process Management
7 2 (6.061%) Continuous Improvement
7 2 (6.061%) TDD
7 2 (6.061%) Digital Marketing
8 1 (3.030%) Kanban
8 1 (3.030%) Multivariate Testing
8 1 (3.030%) Market Research
Programming Languages
1 7 (21.21%) SQL
2 4 (12.12%) VBA
2 4 (12.12%) Perl
2 4 (12.12%) Python
3 3 (9.091%) C#
4 2 (6.061%) JavaScript
5 1 (3.030%) SAS Macro
5 1 (3.030%) R
5 1 (3.030%) Java
Qualifications
1 13 (39.39%) Degree
2 1 (3.030%) CFA
2 1 (3.030%) MBA
2 1 (3.030%) Postgraduate
System Software
1 1 (3.030%) Active Directory
Vendors
1 4 (12.12%) Microsoft
2 1 (3.030%) Omniture
2 1 (3.030%) Google
2 1 (3.030%) Sybase
2 1 (3.030%) Murex
2 1 (3.030%) Calypso
City of London
Purpose of Role To provide control, analysis and management information for the interchange within the small team responsible for transaction economics... Degree knowledge of Statistics, Operational Research or...
WorldPay
Posted: 25 May 2013
City of London
Be able to present to the client as part of the team Qualifications: Bachelor's Degree in Mathematics, Statistics, Marketing, Economics, Computer Science, Information technology or Human-Computer...
Salt
Rate: £350 - £400 per day
Posted: 25 May 2013
City, London
Business Analyst, Fixed Income IT, Front Office, Interest Rates Derivatives, MarkitWire, This role is working with a Front Office trade capture system in relation to Interest Rates Derivatives,...
Thomson Keene Associates
Rate: £550 - £600 per day
Posted: 23 May 2013
City, London
This person will be responsible for end-to-end process of collating market risk data with overall ownership of the Equity Derivatives Business, both global and regional... Ownership...
Hydrogen Group
Rate: £300.00 - £350.00 per annum
Posted: 20 May 2013
City of London
Work with Credit Risk Projects team to ensure the IT delivery within the greater project framework... Requirements * Experience in a project management role within an investment banking /derivative...
Scope AT Ltd
Posted: 17 May 2013