The first table below looks at the demand for Monte Carlo Method skills in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Monte Carlo Method 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 England 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
Monte Carlo Method
Rank 529 441 499
Rank change year-on-year
-88 +58
Contract jobs citing Monte Carlo Method 35 75 68
As % of all contract IT jobs located in England 0.070% 0.17% 0.12%
As % of the Processes & Methodologies category 0.095% 0.24% 0.18%
Number of daily rates quoted 31 57 54
Average daily rate £675 £575 £550
Average daily rate % change year-on-year
+17.39% +4.54%
90% offered a daily rate of more than £500 £439 £525
10% offered a daily rate of more than £800 £635 £625
UK excluding London average daily rate - - -
Number of hourly rates quoted 1 0 0
Average hourly rate £35.00 - -
UK excluding London average hourly rate £35.00 - -
Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
36715 31361 38804
As % of all contract IT jobs located in England 73.87% 72.92% 69.99%
Number of daily rates quoted 23271 19148 22593
Average daily rate £405 £413 £413
Average daily rate % change year-on-year
-1.81% -
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £575 £575 £600
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 1079 971 1312
Average hourly rate £30.00 £32.00 £27.50
Average hourly rate % change year-on-year
-6.25% +16.36%
90% offered a hourly rate of more than £12.36 £13.50 £13.50
10% offered a hourly rate of more than £51.00 £55.00 £45.00
UK excluding London average hourly rate £31.50 £32.00 £26.50
% change year-on-year
-1.56% +20.75%
Monte Carlo Method
UK

Monte Carlo Method
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Monte Carlo Method across the England region as a proportion of the total demand within 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 24 April 2014.

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 average contractor rates quoted in IT jobs citing Monte Carlo Method within the England region over the 3 months to 24 April 2014. 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 each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Find
Job
Vacancies
London -48 34 £675 +17.39% 1
South East -1 1 - -
South West - - - -
East of England - - - - 2
North West - - - - 2
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills in England

For the 6 months to 24 April 2014, IT contractor jobs across the England region citing Monte Carlo Method 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 Monte Carlo Method.

1 46 (67.65%) C++
2 45 (66.18%) Banking
3 35 (51.47%) Investment Banking
4 29 (42.65%) Windows
5 28 (41.18%) Front Office
6 26 (38.24%) STL
7 23 (33.82%) Derivative
8 20 (29.41%) Credit Risk
8 20 (29.41%) Finance
9 15 (22.06%) Risk Management
9 15 (22.06%) Market Risk
10 14 (20.59%) C#
11 12 (17.65%) XML
11 12 (17.65%) Foreign Exchange (FX)
12 11 (16.18%) Analytics
13 10 (14.71%) Grid Computing
14 9 (13.24%) Equities
14 9 (13.24%) SQL
14 9 (13.24%) Stress Testing
15 8 (11.76%) VBA
15 8 (11.76%) Java
15 8 (11.76%) Fixed Income
16 7 (10.29%) Python
16 7 (10.29%) Agile Software Development
16 7 (10.29%) Mathematics
17 6 (8.82%) User Acceptance Testing
17 6 (8.82%) PhD
17 6 (8.82%) Perl
17 6 (8.82%) .NET
17 6 (8.82%) SQL Server

Monte Carlo Method
Top Related IT Skills in England by Category

For the 6 months to 24 April 2014, IT contractor jobs across the England region citing Monte Carlo Method 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 Monte Carlo Method. Up to 20 skills are shown per category.

Application Platforms
1 1 (1.47%) Oracle Coherence
Applications
1 4 (5.88%) MS Office
1 4 (5.88%) MS Excel
2 1 (1.47%) S-PLUS
2 1 (1.47%) Spreadsheet
Business Applications
1 1 (1.47%) Summit
Database & Business Intelligence
1 6 (8.82%) SQL Server
2 2 (2.94%) SQL Server 2008
3 1 (1.47%) Data Warehouse
3 1 (1.47%) SQL Server 2005
3 1 (1.47%) SQL Server Integration Services
Development Applications
1 1 (1.47%) Team Foundation Server
1 1 (1.47%) Rational DOORS
1 1 (1.47%) SpecFlow
General
1 45 (66.18%) Banking
2 35 (51.47%) Investment Banking
3 28 (41.18%) Front Office
4 20 (29.41%) Finance
5 1 (1.47%) Aerospace
Job Titles
1 44 (64.71%) Developer
2 33 (48.53%) C++ Developer
3 16 (23.53%) Analyst
4 14 (20.59%) Quantitative Developer
5 11 (16.18%) Business Analyst
6 7 (10.29%) C++ Quantitative Developer
7 5 (7.35%) Risk Analyst
8 4 (5.88%) Credit Risk Analyst
8 4 (5.88%) Senior Analyst
8 4 (5.88%) Quantitative Analyst
8 4 (5.88%) Credit Risk Business Analyst
9 3 (4.41%) Market Risk Analyst
9 3 (4.41%) IT Business Analyst
9 3 (4.41%) Market Risk Business Analyst
10 2 (2.94%) Agile Business Analyst
10 2 (2.94%) Senior Quantitative Analyst
10 2 (2.94%) Banking Business Analyst
10 2 (2.94%) C# Developer
10 2 (2.94%) Senior Business Analyst
11 1 (1.47%) Design Engineer
Libraries, Frameworks & Software Standards
1 26 (38.24%) STL
2 12 (17.65%) XML
3 6 (8.82%) .NET
4 2 (2.94%) .NET Framework
4 2 (2.94%) WCF
4 2 (2.94%) WPF
4 2 (2.94%) ADO.NET Entity Framework
5 1 (1.47%) jQuery
5 1 (1.47%) Boost C++ Libraries
5 1 (1.47%) Microsoft Enterprise Library
5 1 (1.47%) XSLT
5 1 (1.47%) ASP.NET
5 1 (1.47%) Web Services
Miscellaneous
1 23 (33.82%) Derivative
2 20 (29.41%) Credit Risk
3 15 (22.06%) Market Risk
4 12 (17.65%) Foreign Exchange (FX)
5 10 (14.71%) Grid Computing
6 9 (13.24%) Equities
7 8 (11.76%) Fixed Income
8 7 (10.29%) Mathematics
9 3 (4.41%) CUDA
10 2 (2.94%) Statistics
10 2 (2.94%) Swaptions
10 2 (2.94%) Equity Derivative
10 2 (2.94%) Credit Derivative
10 2 (2.94%) Economics
11 1 (1.47%) Hybrid Derivative
11 1 (1.47%) Client/Server
11 1 (1.47%) Management Information System
11 1 (1.47%) Energy Derivatives
11 1 (1.47%) Interest Rate Derivative
11 1 (1.47%) Applied Mathematics
Operating Systems
1 29 (42.65%) Windows
2 5 (7.35%) Linux
3 1 (1.47%) Windows XP
3 1 (1.47%) Windows Server 2003
Processes & Methodologies
1 15 (22.06%) Risk Management
2 11 (16.18%) Analytics
3 9 (13.24%) Stress Testing
4 7 (10.29%) Agile Software Development
5 6 (8.82%) User Acceptance Testing
6 4 (5.88%) Scrum
6 4 (5.88%) Validation
6 4 (5.88%) OOA/OOD
6 4 (5.88%) Project Management
7 3 (4.41%) Statistical Analysis
7 3 (4.41%) Asset Management
8 2 (2.94%) Software Engineering
8 2 (2.94%) User Stories
8 2 (2.94%) Test Management
8 2 (2.94%) Continuous Improvement
9 1 (1.47%) Change Control
9 1 (1.47%) Risk Analytics
9 1 (1.47%) Multithreading
9 1 (1.47%) Electronic Trading
9 1 (1.47%) System Testing
Programming Languages
1 46 (67.65%) C++
2 14 (20.59%) C#
3 9 (13.24%) SQL
4 8 (11.76%) VBA
4 8 (11.76%) Java
5 7 (10.29%) Python
6 6 (8.82%) Perl
7 3 (4.41%) C
7 3 (4.41%) R
8 2 (2.94%) MATLAB
8 2 (2.94%) Scala
Qualifications
1 6 (8.82%) PhD
2 2 (2.94%) MBA
2 2 (2.94%) Degree
3 1 (1.47%) SC Cleared
3 1 (1.47%) Security Cleared
Quality Assurance & Compliance
1 2 (2.94%) Basel II
1 2 (2.94%) Basel III
1 2 (2.94%) Dodd-Frank
2 1 (1.47%) Solvency II
2 1 (1.47%) QA
Systems Management
1 2 (2.94%) HP Quality Center
Vendors
1 2 (2.94%) Sybase
1 2 (2.94%) Microsoft
2 1 (1.47%) Murex
2 1 (1.47%) Calypso
2 1 (1.47%) TIBCO
2 1 (1.47%) Sophis
2 1 (1.47%) DataSynapse
2 1 (1.47%) Oracle
City, London
Hays Finance Technology
Rate: £650 - £750 per day + Excellent & Neg
Posted: 10 hours ago
London
Real Staffing
Rate: £600 - £750 per day
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 10 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 14 days ago