The table below looks at the statistics for Operations Research 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 Operations Research over the 3 months to 29 August 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
29 Aug 2016
Same period 2015 Same period 2014
Operations Research (or Operational Research)
Rank 170 202 202
Rank change year-on-year
+32 0
Contract jobs citing Operations Research 7 2 1
As % of all contract IT jobs located in the City of London 0.20% 0.038% 0.017%
As % of the Processes & Methodologies category 0.23% 0.046% 0.021%
Number of daily rates quoted 6 2 0
Median daily rate £388 £633 -
Median daily rate % change year-on-year
-38.73% -
UK excluding London median daily rate £380 £425 £270
% change year-on-year
-10.58% +57.40%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Operations Research
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
3032 4362 4712
As % of all contract IT jobs located in the City of London 86.31% 82.32% 80.03%
Number of daily rates quoted 2437 3444 3494
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £350 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 20 43 46
Median hourly rate £17.25 £21.50 £22.00
Median hourly rate % change year-on-year
-19.76% -2.27%
90% offered a hourly rate of more than £12.50 £13.00 £16.00
10% offered a hourly rate of more than £48.02 £40.00 £36.50
UK excluding London median hourly rate £29.53 £32.54 £25.75
% change year-on-year
-9.26% +26.36%

Operations Research
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Operations Research as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Operations Research Jobs Demand Trend in the City of London

Operations Research
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 Operations Research across the City of London region.

Operations Research Daily Rate Trend in the City of London

Operations Research
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Operations Research across the City of London region over the 3 months to 29 August 2016.

Operations Research Daily Rate Histogram in the City of London

Operations Research
Top 30 Related IT Skills in the City of London

For the 6 months to 29 August 2016, IT contractor jobs citing Operations Research 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 Operations Research.

1 8 (100.00%) Degree
2 7 (87.50%) Mathematics
2 7 (87.50%) Analytical Skills
2 7 (87.50%) Statistics
3 6 (75.00%) Economics
3 6 (75.00%) SPSS
3 6 (75.00%) R
4 5 (62.50%) SQL
4 5 (62.50%) Finance
5 4 (50.00%) Risk Management
5 4 (50.00%) SAS
5 4 (50.00%) Data Warehouse
5 4 (50.00%) Analytics
5 4 (50.00%) Credit Risk
5 4 (50.00%) Tableau
6 3 (37.50%) Data Quality
6 3 (37.50%) Digital Media
6 3 (37.50%) Time Management
6 3 (37.50%) Data Extraction
6 3 (37.50%) Visualisation
6 3 (37.50%) Open Source
6 3 (37.50%) Data Visualisation
6 3 (37.50%) Marketing
6 3 (37.50%) User Experience
6 3 (37.50%) MATLAB
6 3 (37.50%) Statistical Analysis
6 3 (37.50%) Data Management
6 3 (37.50%) Data Analysis
6 3 (37.50%) Banking
7 2 (25.00%) Retail

Operations Research
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 4 (50.00%) SAS
Applications
1 6 (75.00%) SPSS
Database & Business Intelligence
1 4 (50.00%) Data Warehouse
2 1 (12.50%) Base SAS
2 1 (12.50%) BusinessObjects
2 1 (12.50%) OLAP
2 1 (12.50%) Oracle BI EE
2 1 (12.50%) Relational Database
2 1 (12.50%) SAP BW
General
1 5 (62.50%) Finance
2 3 (37.50%) Banking
2 3 (37.50%) Marketing
3 2 (25.00%) Retail
3 2 (25.00%) Retail Banking
Job Titles
1 6 (75.00%) Analyst
2 3 (37.50%) Credit Analyst
2 3 (37.50%) Credit Risk Analyst
2 3 (37.50%) Data Analyst
2 3 (37.50%) Risk Analyst
3 2 (25.00%) SAS Analyst
3 2 (25.00%) SAS Credit Risk Analyst
3 2 (25.00%) SAS Risk Analyst
4 1 (12.50%) Business Developer
4 1 (12.50%) Business Intelligence Developer
4 1 (12.50%) Developer
4 1 (12.50%) Digital Analyst
4 1 (12.50%) SAS Modeller
4 1 (12.50%) SQL Analyst
Miscellaneous
1 7 (87.50%) Analytical Skills
1 7 (87.50%) Mathematics
1 7 (87.50%) Statistics
2 6 (75.00%) Economics
3 4 (50.00%) Credit Risk
4 3 (37.50%) Data Extraction
4 3 (37.50%) Digital Media
4 3 (37.50%) User Experience
4 3 (37.50%) Visualisation
5 1 (12.50%) Algorithms
5 1 (12.50%) Computer Science
5 1 (12.50%) Management Information System
5 1 (12.50%) Physics
Processes & Methodologies
1 4 (50.00%) Analytics
1 4 (50.00%) Risk Management
2 3 (37.50%) Data Analysis
2 3 (37.50%) Data Management
2 3 (37.50%) Data Visualisation
2 3 (37.50%) Open Source
2 3 (37.50%) Statistical Analysis
2 3 (37.50%) Time Management
3 2 (25.00%) Credit Risk Modelling
3 2 (25.00%) ETL
3 2 (25.00%) Fraud Detection
3 2 (25.00%) Risk Analysis
3 2 (25.00%) Risk Analytics
4 1 (12.50%) Agile Software Development
4 1 (12.50%) Budgeting and Forecasting
4 1 (12.50%) Business Intelligence
4 1 (12.50%) Stress Testing
4 1 (12.50%) System Testing
4 1 (12.50%) Unit Testing
4 1 (12.50%) User Acceptance Testing
Programming Languages
1 6 (75.00%) R
2 5 (62.50%) SQL
3 3 (37.50%) MATLAB
Qualifications
1 8 (100.00%) Degree
Quality Assurance & Compliance
1 3 (37.50%) Data Quality
Vendors
1 4 (50.00%) Tableau
2 1 (12.50%) Cognos
2 1 (12.50%) Hyperion
2 1 (12.50%) MicroStrategy
2 1 (12.50%) SAP