The table below looks at the statistics for MATLAB 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 MATLAB over the 3 months to 5 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
5 Feb 2016
Same period 2015 Same period 2014
MathWorks MATLAB
Rank 148 184 199
Rank change year-on-year
+36 +15
Contract jobs citing MATLAB 4 6 7
As % of all contract IT jobs located in the City of London 0.13% 0.12% 0.12%
As % of the Programming Languages category 0.29% 0.26% 0.28%
Number of daily rates quoted 4 6 5
Average daily rate £625 £538 £550
Average daily rate % change year-on-year
+16.27% -2.27%
90% offered a daily rate of more than £600 £494 £490
10% offered a daily rate of more than £685 £650 £575
UK excluding London average daily rate £385 £350 £285
% change year-on-year
+10.00% +22.80%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £33.50
UK excluding London average hourly rate £37.50 £35.00 £38.25
% change year-on-year
+7.14% -8.49%
MATLAB
London

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

Programming Languages Category
City of London
Contract IT job ads with a match in the
Programming Languages category
1401 2308 2521
As % of all contract IT jobs located in the City of London 44.66% 45.85% 43.14%
Number of daily rates quoted 1169 1891 1909
Average daily rate £485 £475 £450
Average daily rate % change year-on-year
+2.10% +5.55%
90% offered a daily rate of more than £325 £320 £306
10% offered a daily rate of more than £625 £625 £638
UK excluding London average daily rate £375 £355 £325
% change year-on-year
+5.63% +9.23%
Number of hourly rates quoted 7 7 14
Average hourly rate £29.64 £29.00 £33.50
Average hourly rate % change year-on-year
+2.20% -13.43%
90% offered a hourly rate of more than £20.50 £22.95 £24.27
10% offered a hourly rate of more than £55.00 £50.00 £147.50
UK excluding London average hourly rate £40.00 £35.50 £34.00
% change year-on-year
+12.67% +4.41%

MATLAB
Jobs Demand Trend in the City of London

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

MATLAB Jobs Demand Trend in the City of London

MATLAB
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 MATLAB across the City of London region.

MATLAB Daily Rate Trend in the City of London

MATLAB
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 MATLAB across the City of London region.

MATLAB Hourly Rate Trend in the City of London

MATLAB
Top 30 Related IT Skills in the City of London

For the 6 months to 5 February 2016, IT contractor jobs across the City of London region citing MATLAB 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 MATLAB.

1 5 (71.43%) C#
2 4 (57.14%) Front Office
3 3 (42.86%) SQL
3 3 (42.86%) Python
3 3 (42.86%) Derivative
3 3 (42.86%) Investment Management
4 2 (28.57%) VBA
4 2 (28.57%) C++
4 2 (28.57%) Oracle
4 2 (28.57%) Finance
4 2 (28.57%) Fixed Income
4 2 (28.57%) Agile Software Development
4 2 (28.57%) Banking
5 1 (14.29%) TDD
5 1 (14.29%) Validation
5 1 (14.29%) Scrum
5 1 (14.29%) MVC
5 1 (14.29%) SQL Server
5 1 (14.29%) Unix
5 1 (14.29%) Linux
5 1 (14.29%) Java
5 1 (14.29%) .NET
5 1 (14.29%) Eclipse
5 1 (14.29%) Microsoft
5 1 (14.29%) Murex
5 1 (14.29%) ISEB
5 1 (14.29%) Informatica
5 1 (14.29%) Tcl
5 1 (14.29%) C
5 1 (14.29%) Kanban

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

For the 6 months to 5 February 2016, IT contractor jobs across the City of London region citing MATLAB 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 MATLAB. Up to 20 skills are shown per category.

Cloud Services
1 1 (14.29%) GitHub
Database & Business Intelligence
1 1 (14.29%) KDB
1 1 (14.29%) SQL Server
Development Applications
1 1 (14.29%) Cucumber
1 1 (14.29%) Eclipse
1 1 (14.29%) Selenium
1 1 (14.29%) SpecFlow
1 1 (14.29%) Team Foundation Server
General
1 4 (57.14%) Front Office
2 2 (28.57%) Banking
2 2 (28.57%) Finance
Job Titles
1 4 (57.14%) Developer
2 3 (42.86%) Analyst
3 2 (28.57%) MATLAB Developer
3 2 (28.57%) Quantitative Developer
4 1 (14.29%) Business Analyst
4 1 (14.29%) Front Office Business Analyst
4 1 (14.29%) Front Office Developer
4 1 (14.29%) Investment Management Business Analyst
4 1 (14.29%) Quantitative Analyst
4 1 (14.29%) Risk Analyst
4 1 (14.29%) Risk Business Analyst
4 1 (14.29%) Technical Analyst
4 1 (14.29%) Technical Business Analyst
4 1 (14.29%) Test Analyst
4 1 (14.29%) Validation Analyst
Libraries, Frameworks & Software Standards
1 1 (14.29%) .NET
Miscellaneous
1 3 (42.86%) Derivative
2 2 (28.57%) Fixed Income
3 1 (14.29%) Computer Science
3 1 (14.29%) Ergonomics
3 1 (14.29%) Hedge funds
3 1 (14.29%) Mathematics
3 1 (14.29%) Statistics
3 1 (14.29%) Wiki
Operating Systems
1 1 (14.29%) Linux
1 1 (14.29%) Unix
Processes & Methodologies
1 3 (42.86%) Investment Management
2 2 (28.57%) Agile Software Development
3 1 (14.29%) Analytics
3 1 (14.29%) BDD
3 1 (14.29%) Fund Management
3 1 (14.29%) Kanban
3 1 (14.29%) Manual Testing
3 1 (14.29%) MVC
3 1 (14.29%) Risk Analytics
3 1 (14.29%) Scrum
3 1 (14.29%) TDD
3 1 (14.29%) Test Automation
3 1 (14.29%) Test Scripting
3 1 (14.29%) Test Strategy
3 1 (14.29%) User Acceptance Testing
3 1 (14.29%) Validation
Programming Languages
1 5 (71.43%) C#
2 3 (42.86%) Python
2 3 (42.86%) SQL
3 2 (28.57%) C++
3 2 (28.57%) VBA
4 1 (14.29%) C
4 1 (14.29%) Java
4 1 (14.29%) R
4 1 (14.29%) Tcl
Qualifications
1 1 (14.29%) ISEB
Quality Assurance & Compliance
1 1 (14.29%) QA
Vendors
1 2 (28.57%) Oracle
2 1 (14.29%) Informatica
2 1 (14.29%) Microsoft
2 1 (14.29%) Murex