The table below looks at the statistics for Monte Carlo Method skills in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited Monte Carlo Method over the 3 months to 25 August 2016 with a comparison to the same period over 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.

3 months to
25 Aug 2016
Same period 2015 Same period 2014
Monte Carlo Method
Rank 615 599 596
Rank change year-on-year
-16 -3
Contract jobs citing Monte Carlo Method 20 30 11
As % of all contract IT jobs located in England 0.040% 0.057% 0.022%
As % of the Processes & Methodologies category 0.048% 0.070% 0.027%
Number of daily rates quoted 15 22 9
Median daily rate £600 £613 £600
Median daily rate % change year-on-year
-2.04% +2.08%
90% offered a daily rate of more than £515 £432 £500
10% offered a daily rate of more than £650 £798 £665
UK excluding London median daily rate £481 £450 £500
% change year-on-year
+6.94% -10.00%
Number of hourly rates quoted 0 2 0
Median hourly rate - £41.25 -
UK excluding London median hourly rate - £41.25 -
Monte Carlo Method
UK

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

Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
41809 42609 40117
As % of all contract IT jobs located in England 83.03% 80.40% 78.79%
Number of daily rates quoted 27858 28200 25340
Median daily rate £450 £425 £413
Median daily rate % change year-on-year
+5.88% +3.03%
90% offered a daily rate of more than £300 £290 £275
10% offered a daily rate of more than £600 £588 £575
UK excluding London median daily rate £400 £396 £375
% change year-on-year
+1.01% +5.60%
Number of hourly rates quoted 1000 1145 1121
Median hourly rate £30.00 £30.00 £22.72
Median hourly rate % change year-on-year
- +32.04%
90% offered a hourly rate of more than £12.58 £13.00 £12.50
10% offered a hourly rate of more than £52.00 £52.00 £45.00
UK excluding London median hourly rate £30.00 £32.54 £25.00
% change year-on-year
-7.80% +30.16%

Monte Carlo Method
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing Monte Carlo Method as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Monte Carlo Method Jobs Demand Trend in England

Monte Carlo Method
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Monte Carlo Method across the England region.

Monte Carlo Method Daily Rate Trend in England

Monte Carlo Method
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Monte Carlo Method across the England region over the 3 months to 25 August 2016.

Monte Carlo Method Daily Rate Histogram in England

Monte Carlo Method
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Monte Carlo Method across the England region.

Monte Carlo Method Hourly Rate Trend in England

Monte Carlo Method
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 Monte Carlo Method within the England region over the 3 months to 25 August 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -21 18 £610 -2.40% 1
South West - 1 £500 -
West Midlands - 1 £463 -
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills in England

For the 6 months to 25 August 2016, IT contractor jobs citing Monte Carlo Method also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Monte Carlo Method.

1 27 (62.79%) Finance
2 21 (48.84%) C#
3 19 (44.19%) Risk Management
4 18 (41.86%) C++
4 18 (41.86%) SQL
5 16 (37.21%) Analytical Skills
6 15 (34.88%) Agile Software Development
7 14 (32.56%) Python
7 14 (32.56%) Degree
8 13 (30.23%) Java
9 12 (27.91%) Foreign Exchange (FX)
9 12 (27.91%) Derivative
10 11 (25.58%) Business Analysis
10 11 (25.58%) Mathematics
10 11 (25.58%) Quantitative Finance
11 10 (23.26%) Market Risk
11 10 (23.26%) Analytics
11 10 (23.26%) SDLC
11 10 (23.26%) VBA
11 10 (23.26%) Fixed Income
12 9 (20.93%) Front Office
12 9 (20.93%) Grid Computing
12 9 (20.93%) Banking
12 9 (20.93%) Credit Risk
12 9 (20.93%) QA
13 8 (18.60%) Data Analysis
13 8 (18.60%) Performance Optimisation
14 7 (16.28%) Risk Analytics
14 7 (16.28%) Algorithms
14 7 (16.28%) Credit Derivative

Monte Carlo Method
Top Related IT Skills in England by Category

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

Application Platforms
1 1 (2.33%) ArcGIS
1 1 (2.33%) Oracle Coherence
1 1 (2.33%) SharePoint
Applications
1 3 (6.98%) MS Excel
1 3 (6.98%) SPSS
2 1 (2.33%) MS Office
2 1 (2.33%) MS PowerPoint
2 1 (2.33%) MS Visio
Database & Business Intelligence
1 4 (9.30%) Power BI
1 4 (9.30%) SQL Server
1 4 (9.30%) SQL Server Integration Services
1 4 (9.30%) SQL Server Reporting Services
2 3 (6.98%) Big Data
General
1 27 (62.79%) Finance
2 9 (20.93%) Banking
2 9 (20.93%) Front Office
3 4 (9.30%) Investment Banking
4 1 (2.33%) Marketing
Job Titles
1 25 (58.14%) Analyst
2 16 (37.21%) Risk Analyst
3 10 (23.26%) Business Analyst
3 10 (23.26%) Risk Business Analyst
4 9 (20.93%) Qualitative Analyst
4 9 (20.93%) Quantitative Analyst
5 7 (16.28%) Credit Analyst
5 7 (16.28%) Credit Risk Analyst
5 7 (16.28%) Credit Risk Business Analyst
5 7 (16.28%) Developer
6 6 (13.95%) Quantitative Risk Analyst
7 5 (11.63%) Data Analyst
8 3 (6.98%) C# Developer
8 3 (6.98%) Data Scientist
8 3 (6.98%) Market Risk Analyst
8 3 (6.98%) Market Risk Business Analyst
9 2 (4.65%) C# .NET Developer
9 2 (4.65%) Quantitative Developer
9 2 (4.65%) Quantitative Risk Manager
9 2 (4.65%) Senior C# .NET Developer
Libraries, Frameworks & Software Standards
1 6 (13.95%) .NET
2 4 (9.30%) ASP.NET
3 3 (6.98%) WPF
4 1 (2.33%) Boost C++ Libraries
4 1 (2.33%) COM
4 1 (2.33%) STL
Miscellaneous
1 16 (37.21%) Analytical Skills
2 12 (27.91%) Derivative
2 12 (27.91%) Foreign Exchange (FX)
3 11 (25.58%) Mathematics
4 10 (23.26%) Fixed Income
4 10 (23.26%) Market Risk
5 9 (20.93%) Credit Risk
5 9 (20.93%) Grid Computing
6 7 (16.28%) Algorithms
6 7 (16.28%) Credit Derivative
7 6 (13.95%) Statistics
8 5 (11.63%) Economics
9 3 (6.98%) Computer Science
9 3 (6.98%) Data Structures
9 3 (6.98%) Neural Network
10 2 (4.65%) Equities
11 1 (2.33%) Social Network
11 1 (2.33%) Visualisation
Operating Systems
1 1 (2.33%) Unix
1 1 (2.33%) Windows
Processes & Methodologies
1 19 (44.19%) Risk Management
2 15 (34.88%) Agile Software Development
3 11 (25.58%) Business Analysis
3 11 (25.58%) Quantitative Finance
4 10 (23.26%) Analytics
4 10 (23.26%) SDLC
5 8 (18.60%) Data Analysis
5 8 (18.60%) Performance Optimisation
6 7 (16.28%) Risk Analytics
7 4 (9.30%) Business Intelligence
8 3 (6.98%) Machine Learning
8 3 (6.98%) Numerical Analysis
8 3 (6.98%) Random Forest
8 3 (6.98%) UML
8 3 (6.98%) Waterfall
9 2 (4.65%) Asset Management
9 2 (4.65%) Operations Research
9 2 (4.65%) Risk Assessment
9 2 (4.65%) Validation
10 1 (2.33%) Econometrics
Programming Languages
1 21 (48.84%) C#
2 18 (41.86%) C++
2 18 (41.86%) SQL
3 14 (32.56%) Python
4 13 (30.23%) Java
5 10 (23.26%) VBA
6 5 (11.63%) R
7 4 (9.30%) MATLAB
8 3 (6.98%) Lua
9 1 (2.33%) Haskell
9 1 (2.33%) Scala
9 1 (2.33%) VB
9 1 (2.33%) VC++
Qualifications
1 14 (32.56%) Degree
2 5 (11.63%) PhD
3 2 (4.65%) CFA
4 1 (2.33%) Security Cleared
Quality Assurance & Compliance
1 9 (20.93%) QA
Vendors
1 1 (2.33%) ESRI
1 1 (2.33%) Microsoft
1 1 (2.33%) Oracle
1 1 (2.33%) SIMUL8
London
Churchill Frank International
Rate: £459 - £550 per day
Posted: 3 days ago