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 30 July 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
30 Jul 2016
Same period 2015 Same period 2014
Monte Carlo Method
Rank 600 614 582
Rank change year-on-year
+14 -32
Contract jobs citing Monte Carlo Method 21 24 17
As % of all contract IT jobs located in England 0.042% 0.046% 0.034%
As % of the Processes & Methodologies category 0.051% 0.058% 0.044%
Number of daily rates quoted 13 14 14
Median daily rate £610 £600 £600
Median daily rate % change year-on-year
+1.66% -
90% offered a daily rate of more than £470 £508 £413
10% offered a daily rate of more than £650 £685 £743
UK excluding London median daily rate £481 £450 £375
% change year-on-year
+6.94% +20.00%
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
41353 41436 38956
As % of all contract IT jobs located in England 83.05% 80.13% 78.81%
Number of daily rates quoted 27578 27436 24583
Median daily rate £450 £420 £405
Median daily rate % change year-on-year
+7.14% +3.70%
90% offered a daily rate of more than £300 £285 £275
10% offered a daily rate of more than £600 £575 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 946 1087 1133
Median hourly rate £28.75 £27.78 £25.00
Median hourly rate % change year-on-year
+3.49% +11.12%
90% offered a hourly rate of more than £12.58 £12.50 £12.90
10% offered a hourly rate of more than £52.00 £52.19 £45.00
UK excluding London median hourly rate £30.00 £30.50 £26.50
% change year-on-year
-1.63% +15.09%

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 30 July 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 30 July 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 -4 16 £650 +8.33% 3
West Midlands - 3 £394 -
South West - 2 £500 - 1
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills in England

For the 6 months to 30 July 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 28 (65.12%) Finance
2 23 (53.49%) Risk Management
3 21 (48.84%) C++
4 20 (46.51%) C#
5 16 (37.21%) Foreign Exchange (FX)
5 16 (37.21%) Analytical Skills
6 15 (34.88%) Quantitative Finance
6 15 (34.88%) Mathematics
6 15 (34.88%) SQL
6 15 (34.88%) Derivative
7 14 (32.56%) Python
7 14 (32.56%) Degree
8 13 (30.23%) QA
8 13 (30.23%) Credit Risk
9 12 (27.91%) Java
9 12 (27.91%) Agile Software Development
9 12 (27.91%) Front Office
10 11 (25.58%) Credit Derivative
10 11 (25.58%) Business Analysis
11 10 (23.26%) Fixed Income
11 10 (23.26%) VBA
11 10 (23.26%) Market Risk
11 10 (23.26%) Analytics
11 10 (23.26%) SDLC
12 9 (20.93%) PhD
12 9 (20.93%) Grid Computing
13 8 (18.60%) Data Analysis
13 8 (18.60%) Performance Optimisation
14 7 (16.28%) Algorithms
14 7 (16.28%) Risk Analytics

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%) SharePoint
Applications
1 4 (9.30%) MS Excel
2 3 (6.98%) SPSS
3 1 (2.33%) MS Office
3 1 (2.33%) MS PowerPoint
3 1 (2.33%) MS Visio
Database & Business Intelligence
1 3 (6.98%) Big Data
Development Applications
1 1 (2.33%) FitNesse
1 1 (2.33%) SpecFlow
General
1 28 (65.12%) Finance
2 12 (27.91%) Front Office
3 5 (11.63%) Banking
4 4 (9.30%) Investment Banking
5 1 (2.33%) Marketing
Job Titles
1 26 (60.47%) Analyst
2 17 (39.53%) 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
6 6 (13.95%) Credit Risk Manager
6 6 (13.95%) Quantitative Risk Analyst
6 6 (13.95%) Quantitative Risk Manager
6 6 (13.95%) Risk Manager
7 5 (11.63%) Data Analyst
8 4 (9.30%) Developer
9 3 (6.98%) Data Scientist
9 3 (6.98%) Market Risk Analyst
9 3 (6.98%) Market Risk Business Analyst
10 2 (4.65%) Project Manager
10 2 (4.65%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 1 (2.33%) .NET
1 1 (2.33%) Boost C++ Libraries
1 1 (2.33%) COM
1 1 (2.33%) STL
Miscellaneous
1 16 (37.21%) Analytical Skills
1 16 (37.21%) Foreign Exchange (FX)
2 15 (34.88%) Derivative
2 15 (34.88%) Mathematics
3 13 (30.23%) Credit Risk
4 11 (25.58%) Credit Derivative
5 10 (23.26%) Fixed Income
5 10 (23.26%) Market Risk
6 9 (20.93%) Grid Computing
7 7 (16.28%) Algorithms
8 6 (13.95%) Statistics
9 5 (11.63%) Economics
10 3 (6.98%) Computer Science
10 3 (6.98%) Data Structures
10 3 (6.98%) Neural Network
11 2 (4.65%) Equities
12 1 (2.33%) Social Network
12 1 (2.33%) Visualisation
Operating Systems
1 1 (2.33%) Unix
Processes & Methodologies
1 23 (53.49%) Risk Management
2 15 (34.88%) Quantitative Finance
3 12 (27.91%) Agile Software Development
4 11 (25.58%) Business Analysis
5 10 (23.26%) Analytics
5 10 (23.26%) SDLC
6 8 (18.60%) Data Analysis
6 8 (18.60%) Performance Optimisation
7 7 (16.28%) Risk Analytics
8 6 (13.95%) Risk Assessment
8 6 (13.95%) Validation
9 3 (6.98%) Machine Learning
9 3 (6.98%) Numerical Analysis
9 3 (6.98%) UML
9 3 (6.98%) Waterfall
10 2 (4.65%) Asset Management
10 2 (4.65%) Operations Research
11 1 (2.33%) Econometrics
11 1 (2.33%) Scrum
11 1 (2.33%) TDD
Programming Languages
1 21 (48.84%) C++
2 20 (46.51%) C#
3 15 (34.88%) SQL
4 14 (32.56%) Python
5 12 (27.91%) Java
6 10 (23.26%) VBA
7 5 (11.63%) R
8 4 (9.30%) MATLAB
9 3 (6.98%) Lua
10 1 (2.33%) Haskell
10 1 (2.33%) Scala
10 1 (2.33%) VB
10 1 (2.33%) VC++
Qualifications
1 14 (32.56%) Degree
2 9 (20.93%) PhD
3 2 (4.65%) CFA
4 1 (2.33%) Security Cleared
Quality Assurance & Compliance
1 13 (30.23%) QA
Vendors
1 1 (2.33%) ESRI
1 1 (2.33%) Microsoft
1 1 (2.33%) SIMUL8
South West England
Nigel Frank International
Posted: 2 days ago
London
Harvey Nash plc
Rate: £500 - £575 per day
Posted: 5 days ago