The table below looks at the statistics for the Quantitative Analyst role 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 Quantitative Analyst in their job title over the 3 months to 27 March 2015 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
27 Mar 2015
Same period 2014 Same period 2013
Quant Analyst
Rank 188 190 193
Rank change year-on-year
+2 +3
Contract jobs requiring a Quantitative Analyst 1 15 2
As % of all contract IT jobs located in the City of London 0.019% 0.25% 0.034%
As % of the Job Titles category 0.021% 0.27% 0.036%
Number of daily rates quoted 1 15 2
Average daily rate
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£550 £650 £425
Average daily rate % change year-on-year
-15.38% +52.94%
UK excluding London average daily rate - £425 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quantitative Analyst
London

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the City of London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
City of London
Contract IT job ads with a match in the
Job Titles category
4794 5643 5492
As % of all contract IT jobs located in the City of London 93.38% 93.01% 93.01%
Number of daily rates quoted 3634 4019 4083
Average daily rate £450 £450 £450
90% offered a daily rate of more than £288 £275 £285
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 71 90 112
Average hourly rate £17.98 £19.00 £19.00
Average hourly rate % change year-on-year
-5.36% -
90% offered a hourly rate of more than £12.50 £12.50 £13.40
10% offered a hourly rate of more than £28.19 £41.00 £135.00
UK excluding London average hourly rate £16.85 £17.00 £17.33
% change year-on-year
-0.86% -1.87%

Quantitative Analyst
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Quantitative Analyst in the job title across the City of London region as a proportion of the total demand within the Job Titles category.

Quantitative Analyst Jobs Demand Trend in the City of London

Quantitative Analyst
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 Quantitative Analyst across the City of London region.

Quantitative Analyst Daily Rate Trend in the City of London

Quantitative Analyst
Top 30 Related IT Skills in the City of London

For the 6 months to 27 March 2015, IT contractor jobs across the City of London region that cited Quantitative Analyst in their job title 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 with Quantitative Analyst in their job title.

1 6 (66.67%) Foreign Exchange (FX)
1 6 (66.67%) C++
2 3 (33.33%) Banking
3 2 (22.22%) Front Office
3 2 (22.22%) Finance
3 2 (22.22%) SQL
3 2 (22.22%) VBA
3 2 (22.22%) Quantitative Risk Management
4 1 (11.11%) Analytical Skills
4 1 (11.11%) .NET
4 1 (11.11%) MS Office
4 1 (11.11%) OO
4 1 (11.11%) MCT
4 1 (11.11%) Python
4 1 (11.11%) MS Excel
4 1 (11.11%) PhD
4 1 (11.11%) Data Warehouse
4 1 (11.11%) Microsoft
4 1 (11.11%) MBA
4 1 (11.11%) Risk Management
4 1 (11.11%) Regression Testing
4 1 (11.11%) Retail
4 1 (11.11%) Investment Banking
4 1 (11.11%) Derivative
4 1 (11.11%) CFA
4 1 (11.11%) Retail Banking
4 1 (11.11%) Degree
4 1 (11.11%) Agile Software Development
4 1 (11.11%) HP Quality Center
4 1 (11.11%) Statistical Modelling

Quantitative Analyst
Top Related IT Skills in the City of London by Category

For the 6 months to 27 March 2015, IT contractor jobs across the City of London region that cited Quantitative Analyst in their job title 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 with Quantitative Analyst in their job title. Up to 20 skills are shown per category.

Applications
1 1 (11.11%) MS Office
1 1 (11.11%) MS Excel
Database & Business Intelligence
1 1 (11.11%) Data Warehouse
General
1 3 (33.33%) Banking
2 2 (22.22%) Front Office
2 2 (22.22%) Finance
3 1 (11.11%) Retail
3 1 (11.11%) Investment Banking
3 1 (11.11%) Retail Banking
Libraries, Frameworks & Software Standards
1 1 (11.11%) .NET
Miscellaneous
1 6 (66.67%) Foreign Exchange (FX)
2 1 (11.11%) Derivative
2 1 (11.11%) Market Risk
2 1 (11.11%) Analytical Skills
Processes & Methodologies
1 2 (22.22%) Quantitative Risk Management
2 1 (11.11%) OO
2 1 (11.11%) Regression Testing
2 1 (11.11%) Risk Management
2 1 (11.11%) Agile Software Development
2 1 (11.11%) Stress Testing
2 1 (11.11%) Monte Carlo Method
2 1 (11.11%) Statistical Modelling
Programming Languages
1 6 (66.67%) C++
2 2 (22.22%) SQL
2 2 (22.22%) VBA
3 1 (11.11%) Python
Qualifications
1 1 (11.11%) MCT
1 1 (11.11%) PhD
1 1 (11.11%) MBA
1 1 (11.11%) CFA
1 1 (11.11%) Degree
Systems Management
1 1 (11.11%) HP Quality Center
Vendors
1 1 (11.11%) Microsoft