Mathematical Modelling Contracts in England

Mathematical Modelling
UK > England

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Mathematical Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Mathematical Modelling over the 6 months to 25 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
25 Apr 2024
Same period 2023 Same period 2022
Rank 515 639 733
Rank change year-on-year +124 +94 -127
Contract jobs citing Mathematical Modelling 33 29 47
As % of all contract jobs advertised in England 0.089% 0.057% 0.066%
As % of the Processes & Methodologies category 0.10% 0.063% 0.073%
Number of daily rates quoted 18 13 19
10th Percentile £590 £503 £585
25th Percentile £619 £590 £685
Median daily rate (50th Percentile) £638 £725 £800
Median % change year-on-year -12.07% -9.38% -
75th Percentile £856 £825 -
90th Percentile £875 - £815
UK median daily rate £638 £725 £720
% change year-on-year -12.07% +0.69% +10.77%
Number of hourly rates quoted 6 1 18
10th Percentile £56.25 - -
25th Percentile - - -
Median hourly rate £60.00 £65.00 £60.00
Median % change year-on-year -7.69% +8.33% -
75th Percentile - - -
90th Percentile - - -
UK median hourly rate £60.00 £65.00 £60.00
% change year-on-year -7.69% +8.33% -

All Process and Methodology Skills
England

Mathematical Modelling is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 32,205 45,779 64,338
As % of all contract IT jobs advertised in England 86.51% 90.27% 90.74%
Number of daily rates quoted 21,157 32,091 45,636
10th Percentile £300 £325 £330
25th Percentile £413 £445 £425
Median daily rate (50th Percentile) £525 £550 £535
Median % change year-on-year -4.55% +2.80% +9.41%
75th Percentile £650 £675 £650
90th Percentile £750 £769 £744
UK median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +8.25%
Number of hourly rates quoted 2,232 1,623 1,778
10th Percentile £12.87 £11.00 £12.50
25th Percentile £16.00 £16.62 £15.25
Median hourly rate £35.25 £37.50 £24.00
Median % change year-on-year -6.00% +56.25% -
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.16
UK median hourly rate £35.00 £37.50 £25.00
% change year-on-year -6.67% +50.00% -

Mathematical Modelling
Job Vacancy Trend in England

Job postings citing Mathematical Modelling as a proportion of all IT jobs advertised in England.

Job vacancy trend for Mathematical Modelling in England

Mathematical Modelling
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Mathematical Modelling in England.

Daily rate trend for Mathematical Modelling in England

Mathematical Modelling
Daily Rate Histogram in England

Daily rate distribution for jobs citing Mathematical Modelling in England over the 6 months to 25 April 2024.

Daily rate histogram for Mathematical Modelling in England

Mathematical Modelling
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Mathematical Modelling in England.

Hourly rate trend for Mathematical Modelling in England

Mathematical Modelling
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Mathematical Modelling within the England region over the 6 months to 25 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +113 26 £638 -15.00% 11
East of England - 7 - - 5
Mathematical Modelling
UK

Mathematical Modelling
Co-occurring Skills and Capabilities in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 7 (21.21%) Simulink
2 5 (15.15%) Microsoft Excel
Cloud Services
1 7 (21.21%) Azure
1 7 (21.21%) Azure DevOps
1 7 (21.21%) GitHub
2 3 (9.09%) AWS
Database & Business Intelligence
1 7 (21.21%) NoSQL
2 1 (3.03%) KDB
2 1 (3.03%) Kdb+
Development Applications
1 5 (15.15%) Git
1 5 (15.15%) Visual Studio
General
1 12 (36.36%) Finance
2 11 (33.33%) Front Office
3 5 (15.15%) Banking
3 5 (15.15%) Investment Banking
4 2 (6.06%) Presentation Skills
4 2 (6.06%) Social Skills
5 1 (3.03%) Aerospace
5 1 (3.03%) Analytical Skills
5 1 (3.03%) Aviation
5 1 (3.03%) Law
Job Titles
1 12 (36.36%) Python Engineer
1 12 (36.36%) Senior
2 9 (27.27%) Developer
3 8 (24.24%) Quantitative Developer
4 7 (21.21%) C Software Engineer
4 7 (21.21%) C/C++ Software Engineer
4 7 (21.21%) C++ Software Engineer
4 7 (21.21%) Linux Engineer
4 7 (21.21%) Software Engineer
5 6 (18.18%) Real Time Engineer
5 6 (18.18%) Real Time Software Engineer
6 5 (15.15%) Analyst
6 5 (15.15%) Qualitative Analyst
6 5 (15.15%) Quantitative Analyst
7 3 (9.09%) Senior Developer
7 3 (9.09%) Senior Quantitative Developer
8 2 (6.06%) Energy Trading Developer
8 2 (6.06%) Python Developer
8 2 (6.06%) Senior Python Developer
9 1 (3.03%) KDB Developer
Libraries, Frameworks & Software Standards
1 19 (57.58%) NumPy
1 19 (57.58%) Pandas
1 19 (57.58%) SciPy
Miscellaneous
1 8 (24.24%) Derivative
2 6 (18.18%) Equities
3 5 (15.15%) Distributed Computing
3 5 (15.15%) Fixed Income
3 5 (15.15%) Foreign Exchange (FX)
4 2 (6.06%) Algorithms
4 2 (6.06%) Renewable Energy
4 2 (6.06%) Solar Panel
5 1 (3.03%) Equity Derivative
5 1 (3.03%) Management Information System
Operating Systems
1 12 (36.36%) Linux
2 5 (15.15%) Unix
2 5 (15.15%) Windows
Processes & Methodologies
1 33 (100.00%) Mathematics
2 14 (42.42%) Software Engineering
3 10 (30.30%) Artificial Intelligence
3 10 (30.30%) Decision Intelligence
4 8 (24.24%) Computer Science
4 8 (24.24%) Data Analysis
5 7 (21.21%) Applied Mathematics
5 7 (21.21%) Architectural Patterns
5 7 (21.21%) Backtesting
5 7 (21.21%) CI/CD
5 7 (21.21%) Data Pipeline
5 7 (21.21%) DevOps
5 7 (21.21%) Financial Modelling
5 7 (21.21%) Hardware-in-the-Loop
5 7 (21.21%) Multithreading
5 7 (21.21%) Product Requirements
5 7 (21.21%) Test Automation
5 7 (21.21%) Visualisation
6 6 (18.18%) Analytics
7 5 (15.15%) Quantitative Finance
Programming Languages
1 24 (72.73%) C++
1 24 (72.73%) Python
2 12 (36.36%) Java
3 7 (21.21%) C
3 7 (21.21%) MATLAB
3 7 (21.21%) Rust
3 7 (21.21%) SQL
4 5 (15.15%) C#
4 5 (15.15%) Perl
4 5 (15.15%) Shell Script
4 5 (15.15%) VBA
Qualifications
1 13 (39.39%) Degree
2 5 (15.15%) Numerate Degree
3 1 (3.03%) BPSS Clearance
3 1 (3.03%) Computer Science Degree
3 1 (3.03%) Master's Degree
3 1 (3.03%) SC Cleared
3 1 (3.03%) Security Cleared
Vendors
1 1 (3.03%) Twitter