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 contractor rates offered in IT contracts that have cited MATLAB over the 3 months to 28 May 2016 with a comparison to the same period over 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.

3 months to
28 May 2016
Same period 2015 Same period 2014
MathWorks MATLAB
Rank 160 199 200
Rank change year-on-year
+39 +1
Contract jobs citing MATLAB 4 3 8
As % of all contract IT jobs located in the City of London 0.12% 0.054% 0.13%
As % of the Programming Languages category 0.25% 0.13% 0.32%
Number of daily rates quoted 4 2 8
Median daily rate £338 £419 £505
Median daily rate % change year-on-year
-19.40% -17.07%
90% offered a daily rate of more than £200 £414 £420
10% offered a daily rate of more than £571 £424 £848
UK excluding London median daily rate £425 £381 £338
% change year-on-year
+11.47% +12.96%
Number of hourly rates quoted 0 1 0
Median hourly rate - £54.00 -
UK excluding London median hourly rate £37.50 £37.50 £39.00
% change year-on-year
- -3.84%
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
1627 2320 2496
As % of all contract IT jobs located in the City of London 48.09% 41.89% 41.77%
Number of daily rates quoted 1390 1877 1966
Median daily rate £475 £450 £450
Median daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £325 £315 £301
10% offered a daily rate of more than £625 £625 £646
UK excluding London median daily rate £375 £350 £343
% change year-on-year
+7.14% +2.18%
Number of hourly rates quoted 9 21 10
Median hourly rate £22.50 £23.75 £27.50
Median hourly rate % change year-on-year
-5.26% -13.63%
90% offered a hourly rate of more than £16.76 £19.72 £14.25
10% offered a hourly rate of more than £80.00 £46.80 £37.50
UK excluding London median hourly rate £37.50 £36.40 £36.00
% change year-on-year
+3.02% +1.11%

MATLAB
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing MATLAB as a proportion of all IT contracts with a match in 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
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing MATLAB across the City of London region over the 3 months to 28 May 2016.

MATLAB Daily Rate Histogram 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 28 May 2016, IT contractor jobs citing MATLAB also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for MATLAB.

1 7 (58.33%) Python
2 6 (50.00%) Finance
2 6 (50.00%) Banking
3 4 (33.33%) R
4 3 (25.00%) Machine Learning
4 3 (25.00%) Big Data
4 3 (25.00%) Investment Management
4 3 (25.00%) Scala
4 3 (25.00%) Apache Hive
4 3 (25.00%) Derivative
4 3 (25.00%) Mathematics
4 3 (25.00%) Apache Pig
4 3 (25.00%) Apache Spark
4 3 (25.00%) Statistical Analysis
4 3 (25.00%) Front Office
4 3 (25.00%) C#
4 3 (25.00%) Java
4 3 (25.00%) SQL
5 2 (16.67%) C++
5 2 (16.67%) VBA
5 2 (16.67%) Oracle
5 2 (16.67%) SPSS
5 2 (16.67%) Validation
5 2 (16.67%) Fixed Income
5 2 (16.67%) QA
5 2 (16.67%) Statistical Modelling
6 1 (8.33%) Portfolio Management
6 1 (8.33%) Data Quality
6 1 (8.33%) Hedge funds
6 1 (8.33%) Credit Risk

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (25.00%) Apache Pig
1 3 (25.00%) Apache Spark
2 1 (8.33%) SAS
Applications
1 2 (16.67%) SPSS
2 1 (8.33%) MS Excel
Database & Business Intelligence
1 3 (25.00%) Apache Hive
1 3 (25.00%) Big Data
2 1 (8.33%) KDB
2 1 (8.33%) SQL Server
2 1 (8.33%) SQL Server Integration Services
General
1 6 (50.00%) Banking
1 6 (50.00%) Finance
2 3 (25.00%) Front Office
Job Titles
1 6 (50.00%) Developer
2 3 (25.00%) Analyst
2 3 (25.00%) Data Scientist
2 3 (25.00%) Machine Learning Scientist
2 3 (25.00%) Machine Learning Specialist
2 3 (25.00%) Quantitative Developer
3 2 (16.67%) Information Analyst
3 2 (16.67%) MATLAB Developer
3 2 (16.67%) SPSS Analyst
4 1 (8.33%) Credit Risk Developer
4 1 (8.33%) Excel Developer
4 1 (8.33%) Front Office Developer
4 1 (8.33%) Python Developer
4 1 (8.33%) Qualitative Analyst
4 1 (8.33%) Quantitative Analyst
4 1 (8.33%) Validation Analyst
4 1 (8.33%) VB Developer
Miscellaneous
1 3 (25.00%) Derivative
1 3 (25.00%) Mathematics
2 2 (16.67%) Fixed Income
3 1 (8.33%) Analytical Skills
3 1 (8.33%) Computer Science
3 1 (8.33%) Credit Risk
3 1 (8.33%) Economics
3 1 (8.33%) Equities
3 1 (8.33%) Foreign Exchange (FX)
3 1 (8.33%) Hedge funds
3 1 (8.33%) Market Risk
3 1 (8.33%) OTC Derivatives
3 1 (8.33%) Statistics
Processes & Methodologies
1 3 (25.00%) Investment Management
1 3 (25.00%) Machine Learning
1 3 (25.00%) Statistical Analysis
2 2 (16.67%) Statistical Modelling
2 2 (16.67%) Validation
3 1 (8.33%) Agile Software Development
3 1 (8.33%) Analytics
3 1 (8.33%) Portfolio Management
3 1 (8.33%) Predictive Analytics
3 1 (8.33%) Project Management
3 1 (8.33%) Stress Testing
3 1 (8.33%) Transition Management
3 1 (8.33%) User Acceptance Testing
3 1 (8.33%) Workflow
Programming Languages
1 7 (58.33%) Python
2 4 (33.33%) R
3 3 (25.00%) C#
3 3 (25.00%) Java
3 3 (25.00%) Scala
3 3 (25.00%) SQL
4 2 (16.67%) C++
4 2 (16.67%) VBA
5 1 (8.33%) C
5 1 (8.33%) Tcl
5 1 (8.33%) VB
Quality Assurance & Compliance
1 2 (16.67%) QA
2 1 (8.33%) Data Quality
Vendors
1 2 (16.67%) Oracle
2 1 (8.33%) Bloomberg
2 1 (8.33%) Microsoft
2 1 (8.33%) Murex
2 1 (8.33%) Reuters