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 29 May 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
29 May 2016
Same period 2015 Same period 2014
Monte Carlo Method
Rank 589 603 558
Rank change year-on-year
+14 -45
Contract jobs citing Monte Carlo Method 25 21 31
As % of all contract IT jobs located in England 0.051% 0.041% 0.064%
As % of the Processes & Methodologies category 0.062% 0.052% 0.082%
Number of daily rates quoted 17 12 26
Median daily rate £675 £638 £675
Median daily rate % change year-on-year
+5.88% -5.55%
90% offered a daily rate of more than £500 £337 £481
10% offered a daily rate of more than £875 £700 £763
UK excluding London median daily rate £500 £320 £375
% change year-on-year
+56.25% -14.66%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £35.00
UK excluding London median hourly rate - - £35.00
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
40476 40379 38005
As % of all contract IT jobs located in England 82.14% 79.38% 77.97%
Number of daily rates quoted 27167 26056 24404
Median daily rate £450 £415 £400
Median daily rate % change year-on-year
+8.43% +3.75%
90% offered a daily rate of more than £300 £285 £275
10% offered a daily rate of more than £600 £575 £568
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 908 1151 1143
Median hourly rate £27.50 £29.00 £27.50
Median hourly rate % change year-on-year
-5.17% +5.45%
90% offered a hourly rate of more than £12.75 £12.00 £12.80
10% offered a hourly rate of more than £47.50 £47.88 £50.00
UK excluding London median hourly rate £33.00 £30.50 £30.00
% change year-on-year
+8.19% +1.66%

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 29 May 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 29 May 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 +14 20 £675 +3.84% 2
South West - 2 £500 -
West Midlands - 2 £325 - 1
South East -5 1 - -
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills in England

For the 6 months to 29 May 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 33 (73.33%) Finance
2 27 (60.00%) Risk Management
2 27 (60.00%) C++
3 23 (51.11%) C#
3 23 (51.11%) Mathematics
4 21 (46.67%) QA
4 21 (46.67%) Credit Risk
5 20 (44.44%) Derivative
5 20 (44.44%) Front Office
6 18 (40.00%) Market Risk
7 17 (37.78%) Foreign Exchange (FX)
8 16 (35.56%) PhD
8 16 (35.56%) Credit Derivative
9 14 (31.11%) SQL
9 14 (31.11%) Risk Assessment
9 14 (31.11%) Validation
10 13 (28.89%) Java
11 12 (26.67%) Agile Software Development
11 12 (26.67%) Degree
12 11 (24.44%) Analytical Skills
12 11 (24.44%) Python
13 10 (22.22%) Banking
14 9 (20.00%) Business Analysis
14 9 (20.00%) Analytics
15 8 (17.78%) VBA
15 8 (17.78%) Algorithms
15 8 (17.78%) Investment Banking
15 8 (17.78%) SDLC
16 7 (15.56%) Data Analysis
16 7 (15.56%) 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 (2.22%) ArcGIS
1 1 (2.22%) SharePoint
Applications
1 4 (8.89%) MS Excel
2 3 (6.67%) MS Office
3 2 (4.44%) SPSS
4 1 (2.22%) MS PowerPoint
4 1 (2.22%) MS Visio
Database & Business Intelligence
1 2 (4.44%) Big Data
1 2 (4.44%) Data Warehouse
1 2 (4.44%) SQL Server
2 1 (2.22%) Oracle Database
2 1 (2.22%) RDBMS
2 1 (2.22%) Relational Database
Development Applications
1 1 (2.22%) FitNesse
1 1 (2.22%) SpecFlow
General
1 33 (73.33%) Finance
2 20 (44.44%) Front Office
3 10 (22.22%) Banking
4 8 (17.78%) Investment Banking
5 1 (2.22%) Marketing
5 1 (2.22%) Retail
Job Titles
1 16 (35.56%) Analyst
2 13 (28.89%) Credit Risk Manager
2 13 (28.89%) Quantitative Risk Manager
2 13 (28.89%) Risk Manager
3 11 (24.44%) Risk Analyst
4 9 (20.00%) Developer
5 8 (17.78%) Credit Analyst
5 8 (17.78%) Credit Risk Analyst
6 7 (15.56%) Business Analyst
6 7 (15.56%) Risk Business Analyst
7 6 (13.33%) Credit Risk Business Analyst
8 4 (8.89%) Data Analyst
8 4 (8.89%) Quantitative Developer
9 3 (6.67%) C# Developer
9 3 (6.67%) Java Developer
9 3 (6.67%) Qualitative Analyst
9 3 (6.67%) Quantitative Analyst
10 2 (4.44%) Data Scientist
10 2 (4.44%) Senior WPF Developer
10 2 (4.44%) WPF Developer
Libraries, Frameworks & Software Standards
1 3 (6.67%) .NET
2 2 (4.44%) ASP.NET
2 2 (4.44%) WPF
3 1 (2.22%) Boost C++ Libraries
3 1 (2.22%) COM
3 1 (2.22%) STL
Miscellaneous
1 23 (51.11%) Mathematics
2 21 (46.67%) Credit Risk
3 20 (44.44%) Derivative
4 18 (40.00%) Market Risk
5 17 (37.78%) Foreign Exchange (FX)
6 16 (35.56%) Credit Derivative
7 11 (24.44%) Analytical Skills
8 8 (17.78%) Algorithms
9 4 (8.89%) Computer Science
9 4 (8.89%) Statistics
10 3 (6.67%) Economics
10 3 (6.67%) Fixed Income
11 2 (4.44%) Equities
11 2 (4.44%) Grid Computing
11 2 (4.44%) Neural Network
12 1 (2.22%) Data Structures
12 1 (2.22%) Social Network
12 1 (2.22%) Visualisation
Operating Systems
1 2 (4.44%) Windows
2 1 (2.22%) Unix
Processes & Methodologies
1 27 (60.00%) Risk Management
2 14 (31.11%) Risk Assessment
2 14 (31.11%) Validation
3 12 (26.67%) Agile Software Development
4 9 (20.00%) Analytics
4 9 (20.00%) Business Analysis
5 8 (17.78%) SDLC
6 7 (15.56%) Data Analysis
6 7 (15.56%) Risk Analytics
7 3 (6.67%) Dashboard Development
7 3 (6.67%) Regression Testing
8 2 (4.44%) Data Entry
8 2 (4.44%) Machine Learning
8 2 (4.44%) Migration
8 2 (4.44%) Numerical Analysis
8 2 (4.44%) Operations Research
8 2 (4.44%) Performance Optimisation
8 2 (4.44%) Unit Testing
8 2 (4.44%) User Acceptance Testing
9 1 (2.22%) Dependency Injection
Programming Languages
1 27 (60.00%) C++
2 23 (51.11%) C#
3 14 (31.11%) SQL
4 13 (28.89%) Java
5 11 (24.44%) Python
6 8 (17.78%) VBA
7 3 (6.67%) MATLAB
7 3 (6.67%) R
8 2 (4.44%) Lua
9 1 (2.22%) Haskell
9 1 (2.22%) Scala
9 1 (2.22%) VB
9 1 (2.22%) VC++
Qualifications
1 16 (35.56%) PhD
2 12 (26.67%) Degree
3 2 (4.44%) CFA
4 1 (2.22%) Security Cleared
Quality Assurance & Compliance
1 21 (46.67%) QA
Vendors
1 1 (2.22%) ESRI
1 1 (2.22%) Microsoft
1 1 (2.22%) Oracle
1 1 (2.22%) SIMUL8
Warwick, Warwickshire
Elevate Direct
Rate: From £375 to £550 per day
Posted: 6 days ago