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 average contractor rates offered in IT contracts that have cited Monte Carlo Method over the 3 months to 29 July 2015 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
29 Jul 2015
Same period 2014 Same period 2013
Monte Carlo Method
Rank 573 566 488
Rank change year-on-year
-7 -78
Contract jobs citing Monte Carlo Method 22 17 58
As % of all contract IT jobs located in England 0.043% 0.034% 0.12%
As % of the Processes & Methodologies category 0.055% 0.045% 0.17%
Number of daily rates quoted 13 14 41
Average daily rate
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£600 £600 £550
Average daily rate % change year-on-year
- +9.09%
90% offered a daily rate of more than £502 £413 £438
10% offered a daily rate of more than £690 £743 £600
UK excluding London average daily rate £450 £375 -
% change year-on-year
+20.00% -
Number of hourly rates quoted 2 0 0
Average hourly rate £41.25 - -
UK excluding London average 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
40278 37760 34988
As % of all contract IT jobs located in England 77.89% 76.47% 75.21%
Number of daily rates quoted 26689 23812 21696
Average daily rate £422 £410 £413
Average daily rate % change year-on-year
+2.92% -0.60%
90% offered a daily rate of more than £288 £275 £275
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 1067 1098 1032
Average hourly rate £27.50 £25.00 £32.50
Average hourly rate % change year-on-year
+10.00% -23.07%
90% offered a hourly rate of more than £12.50 £12.80 £13.00
10% offered a hourly rate of more than £52.17 £45.00 £50.00
UK excluding London average hourly rate £30.00 £26.98 £31.00
% change year-on-year
+11.21% -12.98%

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 29 July 2015.

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 29 July 2015. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
London +10 17 £600 -4.00% 3
South East -22 2 £425 +13.33%
East of England - 2 - -
North West - 1 - - 2
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills in England

For the 6 months to 29 July 2015, 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 30 (57.69%) Credit Risk
2 26 (50.00%) Finance
3 19 (36.54%) C++
4 16 (30.77%) Banking
5 14 (26.92%) SQL
6 13 (25.00%) Mathematics
7 12 (23.08%) Investment Banking
7 12 (23.08%) Analytical Skills
8 11 (21.15%) Risk Management
8 11 (21.15%) C
8 11 (21.15%) Agile Software Development
9 10 (19.23%) Market Risk
9 10 (19.23%) Front Office
10 9 (17.31%) Python
10 9 (17.31%) Algorithms
11 8 (15.38%) Multithreading
11 8 (15.38%) Derivative
12 7 (13.46%) Physics
12 7 (13.46%) TDD
12 7 (13.46%) UMTS
12 7 (13.46%) Mapinfo
12 7 (13.46%) OO
12 7 (13.46%) C#
12 7 (13.46%) Unit Testing
13 6 (11.54%) Data Structures
13 6 (11.54%) Analytics
13 6 (11.54%) Java
13 6 (11.54%) GSM
13 6 (11.54%) Validation
13 6 (11.54%) Computer Science

Monte Carlo Method
Top Related IT Skills in England by Category

For the 6 months to 29 July 2015, 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 (1.92%) Oracle Coherence
Applications
1 3 (5.77%) MS Excel
2 2 (3.85%) Simulink
2 2 (3.85%) Open Workbench
3 1 (1.92%) Spreadsheet
Business Applications
1 1 (1.92%) Adaptiv
Cloud Services
1 1 (1.92%) PaaS
1 1 (1.92%) GitHub
Communications & Networking
1 7 (13.46%) UMTS
2 6 (11.54%) GSM
3 2 (3.85%) LTE
4 1 (1.92%) AMQP
4 1 (1.92%) TCP/IP
Database & Business Intelligence
1 1 (1.92%) MS Access
1 1 (1.92%) Data Warehouse
1 1 (1.92%) SQL Server Integration Services
1 1 (1.92%) Hadoop
1 1 (1.92%) Hazelcast
Development Applications
1 5 (9.62%) Subversion
2 1 (1.92%) Maven
2 1 (1.92%) Git (software)
2 1 (1.92%) Apache Ivy
2 1 (1.92%) JUnit
2 1 (1.92%) ClearCase
General
1 26 (50.00%) Finance
2 16 (30.77%) Banking
3 12 (23.08%) Investment Banking
4 10 (19.23%) Front Office
5 4 (7.69%) Telecoms
6 1 (1.92%) Legal
6 1 (1.92%) Games
6 1 (1.92%) Marketing
Job Titles
1 21 (40.38%) Developer
2 13 (25.00%) Quantitative Developer
3 12 (23.08%) Analyst
4 8 (15.38%) Business Analyst
5 7 (13.46%) Project Manager
6 5 (9.62%) Administrator
6 5 (9.62%) Risk Manager
6 5 (9.62%) Banking Business Analyst
6 5 (9.62%) Credit Risk Project Manager
7 4 (7.69%) RF Engineer
8 3 (5.77%) Risk Analyst
8 3 (5.77%) Credit Risk Developer
8 3 (5.77%) C++ Quantitative Developer
8 3 (5.77%) Credit Risk Analyst
8 3 (5.77%) Credit Analyst
8 3 (5.77%) Quantitative Analyst
8 3 (5.77%) Credit Risk Business Analyst
8 3 (5.77%) C++ Developer
9 2 (3.85%) C# Developer
9 2 (3.85%) Java Developer
Libraries, Frameworks & Software Standards
1 4 (7.69%) WPF
2 3 (5.77%) SciPy
2 3 (5.77%) NumPy
2 3 (5.77%) Pandas
3 2 (3.85%) .NET
4 1 (1.92%) ASP.NET
4 1 (1.92%) COM
4 1 (1.92%) STL
4 1 (1.92%) .NET Framework
4 1 (1.92%) Microsoft Enterprise Library
4 1 (1.92%) Entity Framework
4 1 (1.92%) Boost C++ Libraries
Miscellaneous
1 30 (57.69%) Credit Risk
2 13 (25.00%) Mathematics
3 12 (23.08%) Analytical Skills
4 10 (19.23%) Market Risk
5 9 (17.31%) Algorithms
6 8 (15.38%) Derivative
7 7 (13.46%) Physics
8 6 (11.54%) Computer Science
8 6 (11.54%) Data Structures
9 4 (7.69%) Foreign Exchange (FX)
9 4 (7.69%) Fixed Income
10 3 (5.77%) Grid Computing
11 2 (3.85%) Equities
11 2 (3.85%) Equity Derivative
11 2 (3.85%) Statistics
12 1 (1.92%) Mainframe
12 1 (1.92%) Mobile Banking
Operating Systems
1 5 (9.62%) Windows
2 2 (3.85%) UNIX
2 2 (3.85%) Linux
3 1 (1.92%) AIX
3 1 (1.92%) HPUX
3 1 (1.92%) Solaris
Processes & Methodologies
1 11 (21.15%) Risk Management
1 11 (21.15%) Agile Software Development
2 8 (15.38%) Multithreading
3 7 (13.46%) Unit Testing
3 7 (13.46%) TDD
3 7 (13.46%) OO
4 6 (11.54%) Validation
4 6 (11.54%) Analytics
5 5 (9.62%) Low Latency
5 5 (9.62%) Regression Testing
5 5 (9.62%) Asset Management
5 5 (9.62%) Business Analysis
6 4 (7.69%) Stress Testing
6 4 (7.69%) Test Scripting
6 4 (7.69%) Continuous Integration
6 4 (7.69%) Greeks
6 4 (7.69%) DevOps
6 4 (7.69%) SDLC
7 3 (5.77%) Functional Programming
7 3 (5.77%) Configuration Management
Programming Languages
1 19 (36.54%) C++
2 14 (26.92%) SQL
3 11 (21.15%) C
4 9 (17.31%) Python
5 7 (13.46%) C#
6 6 (11.54%) Java
7 4 (7.69%) MATLAB
7 4 (7.69%) VBA
8 3 (5.77%) VB
9 2 (3.85%) Perl
9 2 (3.85%) PL/SQL
9 2 (3.85%) MapBasic
9 2 (3.85%) R
10 1 (1.92%) REXX
Qualifications
1 5 (9.62%) Degree
2 3 (5.77%) Security Cleared
3 2 (3.85%) PhD
4 1 (1.92%) ISTQB
4 1 (1.92%) SC Cleared
4 1 (1.92%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 2 (3.85%) Basel III
2 1 (1.92%) CRD IV
2 1 (1.92%) SLA
2 1 (1.92%) COBIT
2 1 (1.92%) QA
System Software
1 1 (1.92%) VMware ESX
1 1 (1.92%) VMware Infrastructure
Systems Management
1 1 (1.92%) CA Endevor
1 1 (1.92%) HP Quality Center
1 1 (1.92%) Puppet
1 1 (1.92%) Opscode Chef
Vendors
1 7 (13.46%) Mapinfo
2 2 (3.85%) Murex
2 2 (3.85%) Calypso
2 2 (3.85%) Microsoft
2 2 (3.85%) Sophis
3 1 (1.92%) TEOCO
3 1 (1.92%) Sun
3 1 (1.92%) Oracle
3 1 (1.92%) IBM
3 1 (1.92%) Citrix
3 1 (1.92%) Perforce
3 1 (1.92%) VMware