The first table below looks at the demand for Stochastic Calculus 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 Stochastic Calculus over the 3 months to 24 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the City of London region.

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
24 Apr 2014
Same period 2013 Same period 2012
Stochastic Calculus
Rank 203 - -
Rank change year-on-year
- 0
Contract jobs citing Stochastic Calculus 1 0 0
As % of all contract IT jobs located in the City of London 0.016% - -
As % of the Processes & Methodologies category 0.021% - -
Number of daily rates quoted 1 0 0
Average daily rate £800 - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4716 4704 5860
As % of all contract IT jobs located in the City of London 75.77% 74.94% 72.89%
Number of daily rates quoted 3472 3577 4134
Average daily rate £450 £450 £451
Average daily rate % change year-on-year
- -0.11%
90% offered a daily rate of more than £300 £313 £310
10% offered a daily rate of more than £625 £600 £638
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 45 49 91
Average hourly rate £25.00 £135.00 £22.50
Average hourly rate % change year-on-year
-81.48% +500.00%
90% offered a hourly rate of more than £13.70 £17.50 £13.30
10% offered a hourly rate of more than £47.50 £135.00 £48.00
UK excluding London average hourly rate £31.50 £32.00 £26.50
% change year-on-year
-1.56% +20.75%
Stochastic Calculus
London

Stochastic Calculus
Jobs Demand Trend in the City of London

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

Stochastic Calculus Jobs Demand Trend in the City of London

Stochastic Calculus
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 Stochastic Calculus across the City of London region.

Stochastic Calculus Daily Rate Trend in the City of London

Stochastic Calculus
Top 30 Related IT Skills in the City of London

For the 6 months to 24 April 2014, IT contractor jobs across the City of London region citing Stochastic Calculus 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 Stochastic Calculus.

1 3 (100.00%) VBA
1 3 (100.00%) Finance
2 2 (66.67%) C++
2 2 (66.67%) PhD
2 2 (66.67%) Banking
2 2 (66.67%) Derivative
2 2 (66.67%) Mathematics
3 1 (33.33%) Applied Mathematics
3 1 (33.33%) Quantitative Analysis
3 1 (33.33%) Credit Risk
3 1 (33.33%) jQuery
3 1 (33.33%) Monte Carlo Method
3 1 (33.33%) SQL Server 2008
3 1 (33.33%) Basel III
3 1 (33.33%) R
3 1 (33.33%) ADO.NET Entity Framework
3 1 (33.33%) Portfolio Management
3 1 (33.33%) Analytics
3 1 (33.33%) Interest Rate Derivative
3 1 (33.33%) Equity Derivative
3 1 (33.33%) .NET Framework
3 1 (33.33%) Degree
3 1 (33.33%) Credit Derivative
3 1 (33.33%) Investment Banking
3 1 (33.33%) Hybrid Derivative
3 1 (33.33%) Client/Server
3 1 (33.33%) SAS
3 1 (33.33%) Microsoft
3 1 (33.33%) TIBCO
3 1 (33.33%) MATLAB

Stochastic Calculus
Top Related IT Skills in the City of London by Category

For the 6 months to 24 April 2014, IT contractor jobs across the City of London region citing Stochastic Calculus 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 Stochastic Calculus. Up to 20 skills are shown per category.

Application Platforms
1 1 (33.33%) SAS
Applications
1 1 (33.33%) MS Excel
Database & Business Intelligence
1 1 (33.33%) SQL Server
1 1 (33.33%) SQL Server 2008
General
1 3 (100.00%) Finance
2 2 (66.67%) Banking
3 1 (33.33%) Investment Banking
Job Titles
1 2 (66.67%) Developer
1 2 (66.67%) Quantitative Developer
2 1 (33.33%) Quantitative Analyst
2 1 (33.33%) Developer Analyst
2 1 (33.33%) Analyst
Libraries, Frameworks & Software Standards
1 1 (33.33%) .NET
1 1 (33.33%) .NET Framework
1 1 (33.33%) jQuery
1 1 (33.33%) ADO.NET Entity Framework
Miscellaneous
1 2 (66.67%) Derivative
1 2 (66.67%) Mathematics
2 1 (33.33%) Applied Mathematics
2 1 (33.33%) Credit Risk
2 1 (33.33%) Interest Rate Derivative
2 1 (33.33%) Equity Derivative
2 1 (33.33%) Client/Server
2 1 (33.33%) Credit Derivative
2 1 (33.33%) Hybrid Derivative
Processes & Methodologies
1 1 (33.33%) Quantitative Analysis
1 1 (33.33%) Monte Carlo Method
1 1 (33.33%) Portfolio Management
1 1 (33.33%) Analytics
Programming Languages
1 3 (100.00%) VBA
2 2 (66.67%) C++
3 1 (33.33%) SQL
3 1 (33.33%) C
3 1 (33.33%) Python
3 1 (33.33%) MATLAB
3 1 (33.33%) R
Qualifications
1 2 (66.67%) PhD
2 1 (33.33%) Degree
Quality Assurance & Compliance
1 1 (33.33%) Basel III
Vendors
1 1 (33.33%) Microsoft
1 1 (33.33%) TIBCO