The table below looks at the statistics for Financial Modelling skills in IT contracts advertised for the Coventry region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Modelling over the 3 months to 2 September 2014 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
2 Sep 2014
Same period 2013 Same period 2012
Financial Modeling
Rank - 31 36
Contract jobs citing Financial Modelling 0 2 1
As % of all contract IT jobs located in Coventry - 0.71% 0.31%
As % of the Processes & Methodologies category - 0.92% 0.42%
Number of daily rates quoted 0 1 1
Average daily rate
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- £305 £450
Average daily rate % change year-on-year
- -32.22%
UK excluding London average daily rate £325 £370 £325
% change year-on-year
-12.16% +13.84%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £13.00 - £57.50
Financial Modelling
West Midlands

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Coventry region.

Processes & Methodologies Category
Coventry
Contract IT job ads with a match in the
Processes & Methodologies category
303 218 236
As % of all contract IT jobs located in Coventry 75.56% 77.58% 72.17%
Number of daily rates quoted 139 71 123
Average daily rate £350 £338 £400
Average daily rate % change year-on-year
+3.70% -15.62%
90% offered a daily rate of more than £225 £213 £300
10% offered a daily rate of more than £510 £450 £475
UK excluding London average daily rate £375 £370 £360
% change year-on-year
+1.35% +2.77%
Number of hourly rates quoted 44 21 13
Average hourly rate £37.80 £37.80 £36.00
Average hourly rate % change year-on-year
- +5.00%
90% offered a hourly rate of more than £22.40 £28.50 £30.00
10% offered a hourly rate of more than £42.00 £37.80 £57.50
UK excluding London average hourly rate £26.50 £30.00 £31.00
% change year-on-year
-11.66% -3.22%

Financial Modelling
Jobs Demand Trend in Coventry

This chart provides a 3-month moving total of IT contractor jobs citing Financial Modelling across the Coventry region as a proportion of the total demand within the Processes & Methodologies category.

Financial Modelling Jobs Demand Trend in Coventry

Financial Modelling
Daily Rate Trend in Coventry

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Financial Modelling across the Coventry region.

Financial Modelling Daily Rate Trend in Coventry