The table below looks at the statistics for Financial Modelling skills 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 Financial Modelling over the 3 months to 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
Financial Modeling
Rank 147 184 196
Rank change year-on-year
+37 +12
Contract jobs citing Financial Modelling 3 8 9
As % of all contract IT jobs located in the City of London 0.095% 0.16% 0.15%
As % of the Processes & Methodologies category 0.11% 0.19% 0.19%
Number of daily rates quoted 3 8 8
Average daily rate £400 £513 £520
Average daily rate % change year-on-year
-21.95% -1.44%
90% offered a daily rate of more than £312 £435 £368
10% offered a daily rate of more than £820 £698 £558
UK excluding London average daily rate £500 £425 £290
% change year-on-year
+17.64% +46.55%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £18.00 -
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 City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2644 4145 4733
As % of all contract IT jobs located in the City of London 84.02% 80.94% 79.55%
Number of daily rates quoted 2095 3226 3431
Average daily rate £488 £450 £450
Average daily rate % change year-on-year
+8.33% -
90% offered a daily rate of more than £325 £315 £293
10% offered a daily rate of more than £625 £613 £625
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 30 36 51
Average hourly rate £24.00 £23.10 £27.25
Average hourly rate % change year-on-year
+3.91% -15.24%
90% offered a hourly rate of more than £13.00 £12.50 £16.50
10% offered a hourly rate of more than £53.00 £45.50 £77.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Financial Modelling
Jobs Demand Trend in the City of London

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

Financial Modelling Jobs Demand Trend in the City of London

Financial Modelling
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 Financial Modelling across the City of London region.

Financial Modelling Daily Rate Trend in the City of London

Financial Modelling
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Modelling across the City of London region over the 3 months to 9 February 2016.

Financial Modelling Daily Rate Histogram in the City of London

Financial Modelling
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 Financial Modelling across the City of London region.

Financial Modelling Hourly Rate Trend in the City of London

Financial Modelling
Top 30 Related IT Skills in the City of London

For the 6 months to 9 February 2016, IT contractor jobs across the City of London region citing Financial Modelling 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 Financial Modelling.

1 5 (100.00%) Finance
2 2 (40.00%) Git (software)
2 2 (40.00%) Analytical Skills
3 1 (20.00%) Data Structures
3 1 (20.00%) Thymeleaf
3 1 (20.00%) Spring Boot
3 1 (20.00%) SDLC
3 1 (20.00%) Black Duck
3 1 (20.00%) Sonatype Nexus
3 1 (20.00%) JIRA
3 1 (20.00%) MS Project Server
3 1 (20.00%) Spring MVC
3 1 (20.00%) Spring Security
3 1 (20.00%) Release Management
3 1 (20.00%) Atlassian
3 1 (20.00%) Unit Testing
3 1 (20.00%) Integration Testing
3 1 (20.00%) JPA
3 1 (20.00%) TeamCity
3 1 (20.00%) Coverity
3 1 (20.00%) Amazon AWS
3 1 (20.00%) PaaS
3 1 (20.00%) Confluence
3 1 (20.00%) HSQLDB
3 1 (20.00%) Heroku
3 1 (20.00%) Office 365
3 1 (20.00%) Web Application Development
3 1 (20.00%) CloverETL
3 1 (20.00%) Bitbucket
3 1 (20.00%) Analytics

Financial Modelling
Top Related IT Skills in the City of London by Category

For the 6 months to 9 February 2016, IT contractor jobs across the City of London region citing Financial Modelling 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 Financial Modelling. Up to 20 skills are shown per category.

Application Platforms
1 1 (20.00%) Apache
1 1 (20.00%) Confluence
1 1 (20.00%) MS Project Server
1 1 (20.00%) SharePoint
Applications
1 1 (20.00%) MS Project
Cloud Services
1 1 (20.00%) Amazon AWS
1 1 (20.00%) Heroku
1 1 (20.00%) Office 365
1 1 (20.00%) PaaS
Database & Business Intelligence
1 1 (20.00%) CloverETL
1 1 (20.00%) Essbase
1 1 (20.00%) HSQLDB
1 1 (20.00%) PostgreSQL
Development Applications
1 2 (40.00%) Git (software)
2 1 (20.00%) Artifactory
2 1 (20.00%) Bitbucket
2 1 (20.00%) JIRA
2 1 (20.00%) Maven
2 1 (20.00%) Sonatype Nexus
2 1 (20.00%) Subversion
2 1 (20.00%) TeamCity
General
1 5 (100.00%) Finance
2 1 (20.00%) Back Office
2 1 (20.00%) Legal
2 1 (20.00%) Retail
Job Titles
1 3 (60.00%) Analyst
2 2 (40.00%) Financial Analyst
3 1 (20.00%) Business Analyst
3 1 (20.00%) Commercial Analyst
3 1 (20.00%) Data Business Analyst
3 1 (20.00%) Developer
3 1 (20.00%) ETL Developer
3 1 (20.00%) Finance Business Analyst
3 1 (20.00%) Financial Business Analyst
3 1 (20.00%) Financial Services Business Analyst
3 1 (20.00%) Head of Development
3 1 (20.00%) Head of Software Development
3 1 (20.00%) Java Developer
3 1 (20.00%) Senior Developer
3 1 (20.00%) Senior ETL Developer
3 1 (20.00%) Senior Java Developer
3 1 (20.00%) Service Analyst
3 1 (20.00%) Strategy Analyst
Libraries, Frameworks & Software Standards
1 1 (20.00%) Apache Commons
1 1 (20.00%) Hibernate
1 1 (20.00%) JPA
1 1 (20.00%) Spring
1 1 (20.00%) Spring Boot
1 1 (20.00%) Spring MVC
1 1 (20.00%) Spring Security
1 1 (20.00%) Thymeleaf
1 1 (20.00%) XSLT
Miscellaneous
1 2 (40.00%) Analytical Skills
2 1 (20.00%) Data Structures
Processes & Methodologies
1 1 (20.00%) Analytics
1 1 (20.00%) Asset Management
1 1 (20.00%) Benchmarking
1 1 (20.00%) Dependency Management
1 1 (20.00%) ETL
1 1 (20.00%) Functional Programming
1 1 (20.00%) Information Security
1 1 (20.00%) Integration Testing
1 1 (20.00%) MVC
1 1 (20.00%) Project Management
1 1 (20.00%) Release Management
1 1 (20.00%) SDLC
1 1 (20.00%) Statistical Analysis
1 1 (20.00%) Unit Testing
1 1 (20.00%) Validation
1 1 (20.00%) Web Application Development
1 1 (20.00%) Workflow
Programming Languages
1 1 (20.00%) Java
1 1 (20.00%) JavaScript
1 1 (20.00%) SQL
Qualifications
1 1 (20.00%) CIMA
Vendors
1 1 (20.00%) Atlassian
1 1 (20.00%) Black Duck
1 1 (20.00%) Coverity
1 1 (20.00%) Hyperion
1 1 (20.00%) Microsoft
1 1 (20.00%) Oracle
1 1 (20.00%) SAP