The 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 22 August 2014 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 Aug 2014
Same period 2013 Same period 2012
Economics
Rank 193 206 210
Rank change year-on-year
+13 +4
Contract jobs citing Economics 7 25 17
As % of all contract IT jobs located in the City of London 0.12% 0.34% 0.22%
As % of the Miscellaneous category 0.40% 1.04% 0.68%
Number of daily rates quoted 6 10 10
Average daily rate
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£469 £500 £425
Average daily rate % change year-on-year
-6.25% +17.64%
90% offered a daily rate of more than £388 £375 £373
10% offered a daily rate of more than £550 £588 £650
UK excluding London average daily rate £377 £420 £400
% change year-on-year
-10.22% +5.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.50 - £51.50
Economics
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1754 2396 2514
As % of all contract IT jobs located in the City of London 29.77% 32.56% 32.16%
Number of daily rates quoted 1221 1747 1903
Average daily rate £475 £500 £500
Average daily rate % change year-on-year
-5.00% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 42 61 57
Average hourly rate £17.68 £19.50 £19.75
Average hourly rate % change year-on-year
-9.32% -1.26%
90% offered a hourly rate of more than £12.50 £14.50 £12.20
10% offered a hourly rate of more than £33.05 £45.60 £32.58
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

Economics
Jobs Demand Trend in the City of London

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.

Economics Jobs Demand Trend in the City of London

Economics
Daily Rate Trend in the City of London

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

Economics Daily Rate Trend in the City of London

Economics
Daily Rate Histogram in the City of London

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 22 August 2014.

Economics Daily Rate Histogram in the City of London

Economics
Hourly Rate Trend in the City of London

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

Economics Hourly Rate Trend in the City of London

Economics
Top 30 Related IT Skills in the City of London

For the 6 months to 22 August 2014, 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 23 (62.16%) Finance
2 21 (56.76%) Degree
3 12 (32.43%) Mathematics
4 11 (29.73%) Computer Science
4 11 (29.73%) SQL
5 9 (24.32%) Statistics
6 8 (21.62%) Banking
6 8 (21.62%) Microsoft
6 8 (21.62%) CISSP
6 8 (21.62%) CISA
6 8 (21.62%) CISM
6 8 (21.62%) Information Security
6 8 (21.62%) Information Security Management
6 8 (21.62%) Security Management
7 7 (18.92%) SQL Server
8 6 (16.22%) Intranet
8 6 (16.22%) MS Excel
8 6 (16.22%) Management Information System
8 6 (16.22%) E-Learning
8 6 (16.22%) Quality Management
8 6 (16.22%) Financial Institution
8 6 (16.22%) Sarbanes-Oxley
8 6 (16.22%) Investment Banking
8 6 (16.22%) Agile Software Development
9 5 (13.51%) Joomla!
9 5 (13.51%) Risk Assessment
9 5 (13.51%) Front Office
9 5 (13.51%) CMS
10 4 (10.81%) Scrum
10 4 (10.81%) Fixed Income

Economics
Top Related IT Skills in the City of London by Category

For the 6 months to 22 August 2014, 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 Platforms
1 5 (13.51%) Joomla!
1 5 (13.51%) CMS
2 3 (8.11%) SAS
Applications
1 6 (16.22%) MS Excel
2 3 (8.11%) MS PowerPoint
3 2 (5.41%) Stata
3 2 (5.41%) SPSS
Business Applications
1 1 (2.70%) SiteCatalyst
Cloud Services
1 2 (5.41%) Amazon EC2
Communications & Networking
1 6 (16.22%) Intranet
Database & Business Intelligence
1 7 (18.92%) SQL Server
2 3 (8.11%) SQL Server Analysis Services
2 3 (8.11%) Microsoft Analysis Services
2 3 (8.11%) RDBMS
2 3 (8.11%) Big Data
2 3 (8.11%) Oracle Database
2 3 (8.11%) Relational Database
3 2 (5.41%) SQL Server Reporting Services
3 2 (5.41%) SQL Server 2008
4 1 (2.70%) Hadoop
4 1 (2.70%) Apache Hive
4 1 (2.70%) MongoDB
4 1 (2.70%) Data Warehouse
General
1 23 (62.16%) Finance
2 8 (21.62%) Banking
3 6 (16.22%) Financial Institution
3 6 (16.22%) Investment Banking
4 5 (13.51%) Front Office
5 4 (10.81%) Publishing
5 4 (10.81%) Marketing
6 3 (8.11%) Retail
7 1 (2.70%) Corporate Banking
Job Titles
1 13 (35.14%) Analyst
2 6 (16.22%) Developer
2 6 (16.22%) Test Leader
3 4 (10.81%) Tester
3 4 (10.81%) Senior Tester
3 4 (10.81%) Information Analyst
4 3 (8.11%) C# Developer
4 3 (8.11%) Security Analyst
4 3 (8.11%) Senior Analyst
5 2 (5.41%) Business Analyst
5 2 (5.41%) Consultant
5 2 (5.41%) Senior Developer
5 2 (5.41%) Security Consultant
5 2 (5.41%) Information Security Consultant
5 2 (5.41%) Risk Analyst
5 2 (5.41%) Information Security Analyst
5 2 (5.41%) NHS Information Analyst
5 2 (5.41%) Senior Information Analyst
5 2 (5.41%) Insight Analyst
5 2 (5.41%) Econometrician
Libraries, Frameworks & Software Standards
1 4 (10.81%) .NET
2 2 (5.41%) XML
3 1 (2.70%) WCF
3 1 (2.70%) WPF
3 1 (2.70%) COM
3 1 (2.70%) CSS
3 1 (2.70%) Web Services
3 1 (2.70%) HTML
Miscellaneous
1 12 (32.43%) Mathematics
2 11 (29.73%) Computer Science
3 9 (24.32%) Statistics
4 6 (16.22%) Management Information System
4 6 (16.22%) E-Learning
5 4 (10.81%) Fixed Income
6 3 (8.11%) Derivative
7 2 (5.41%) Visualisation
7 2 (5.41%) NHS
7 2 (5.41%) FMCG
7 2 (5.41%) Learning Management System
7 2 (5.41%) Credit Risk
8 1 (2.70%) Physics
8 1 (2.70%) Market Risk
8 1 (2.70%) Data Extraction
8 1 (2.70%) Foreign Exchange (FX)
8 1 (2.70%) Grid Computing
Operating Systems
1 2 (5.41%) UNIX
2 1 (2.70%) Windows
Processes & Methodologies
1 8 (21.62%) Information Security
1 8 (21.62%) Information Security Management
1 8 (21.62%) Security Management
2 6 (16.22%) Quality Management
2 6 (16.22%) Agile Software Development
3 5 (13.51%) Risk Assessment
4 4 (10.81%) Scrum
4 4 (10.81%) Data Analysis
4 4 (10.81%) User Acceptance Testing
5 3 (8.11%) Software Engineering
5 3 (8.11%) Test Strategy
5 3 (8.11%) Analytics
6 2 (5.41%) Data Reconciliation
6 2 (5.41%) Risk Management
6 2 (5.41%) Business Intelligence
6 2 (5.41%) BCP
6 2 (5.41%) OO
6 2 (5.41%) Software Testing
6 2 (5.41%) Data Management
7 1 (2.70%) Stress Testing
Programming Languages
1 11 (29.73%) SQL
2 3 (8.11%) C#
2 3 (8.11%) Python
3 2 (5.41%) R
3 2 (5.41%) Shell Script
3 2 (5.41%) MATLAB
3 2 (5.41%) T-SQL
3 2 (5.41%) VBA
4 1 (2.70%) C++
4 1 (2.70%) Java
4 1 (2.70%) JavaScript
Qualifications
1 21 (56.76%) Degree
2 8 (21.62%) CISSP
2 8 (21.62%) CISA
2 8 (21.62%) CISM
3 2 (5.41%) CFA
4 1 (2.70%) Postgraduate
4 1 (2.70%) ISEB
Quality Assurance & Compliance
1 6 (16.22%) Sarbanes-Oxley
2 3 (8.11%) QA
System Software
1 1 (2.70%) Platform Symphony
Vendors
1 8 (21.62%) Microsoft
2 3 (8.11%) Oracle
3 2 (5.41%) Tableau
4 1 (2.70%) Omniture
4 1 (2.70%) Hitwise