The table below looks at the statistics 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 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
Stochastic Calculus
Rank - - 205
Contract jobs citing Stochastic Calculus 0 0 1
As % of all contract IT jobs located in the City of London - - 0.017%
As % of the Processes & Methodologies category - - 0.022%
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate - £1,000 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Stochastic Calculus
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
2632 4072 4650
As % of all contract IT jobs located in the City of London 83.90% 80.89% 79.57%
Number of daily rates quoted 2087 3166 3367
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £320 £320 £298
10% offered a daily rate of more than £625 £615 £625
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 31 38 50
Average hourly rate £24.00 £22.25 £27.25
Average hourly rate % change year-on-year
+7.86% -18.34%
90% offered a hourly rate of more than £13.00 £12.60 £16.50
10% offered a hourly rate of more than £53.00 £45.50 £77.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

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 17 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 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%) C++
1 3 (100.00%) VBA
1 3 (100.00%) Finance
1 3 (100.00%) Derivative
1 3 (100.00%) Statistics
1 3 (100.00%) Degree
1 3 (100.00%) Mathematics
1 3 (100.00%) Physics
1 3 (100.00%) Numerical Analysis
1 3 (100.00%) Monte Carlo Method
2 2 (66.67%) PhD
2 2 (66.67%) Banking
2 2 (66.67%) Investment Banking
3 1 (33.33%) Risk Management
3 1 (33.33%) Analytics
3 1 (33.33%) Probability Theory
3 1 (33.33%) Market Risk

Stochastic Calculus
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 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.

General
1 3 (100.00%) Finance
2 2 (66.67%) Banking
2 2 (66.67%) Investment Banking
Job Titles
1 3 (100.00%) Developer
2 2 (66.67%) C++ Developer
3 1 (33.33%) C++ Quantitative Developer
3 1 (33.33%) Investment Banking C++ Developer
3 1 (33.33%) Quantitative Developer
3 1 (33.33%) VBA Developer
3 1 (33.33%) VBA Quantitative Developer
Miscellaneous
1 3 (100.00%) Derivative
1 3 (100.00%) Mathematics
1 3 (100.00%) Physics
1 3 (100.00%) Statistics
2 1 (33.33%) Market Risk
Processes & Methodologies
1 3 (100.00%) Monte Carlo Method
1 3 (100.00%) Numerical Analysis
2 1 (33.33%) Analytics
2 1 (33.33%) Probability Theory
2 1 (33.33%) Risk Management
Programming Languages
1 3 (100.00%) C++
1 3 (100.00%) VBA
Qualifications
1 3 (100.00%) Degree
2 2 (66.67%) PhD