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 22 May 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
22 May 2015
Same period 2014 Same period 2013
Monte Carlo Method
Rank 560 521 443
Rank change year-on-year
-39 -78
Contract jobs citing Monte Carlo Method 19 32 81
As % of all contract IT jobs located in England 0.039% 0.067% 0.19%
As % of the Processes & Methodologies category 0.050% 0.089% 0.26%
Number of daily rates quoted 11 27 63
Average daily rate
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£650 £675 £575
Average daily rate % change year-on-year
-3.70% +17.39%
90% offered a daily rate of more than £320 £483 £440
10% offered a daily rate of more than £700 £760 £670
UK excluding London average daily rate £320 £375 -
% change year-on-year
-14.66% -
Number of hourly rates quoted 0 1 0
Average hourly rate - £35.00 -
UK excluding London average 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
37734 36043 31566
As % of all contract IT jobs located in England 76.70% 75.13% 74.37%
Number of daily rates quoted 24299 23133 19378
Average daily rate £418 £400 £420
Average daily rate % change year-on-year
+4.37% -4.76%
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 £363
% change year-on-year
+3.33% +3.44%
Number of hourly rates quoted 1098 1110 988
Average hourly rate £27.50 £29.00 £32.50
Average hourly rate % change year-on-year
-5.17% -10.76%
90% offered a hourly rate of more than £12.00 £12.50 £14.00
10% offered a hourly rate of more than £47.50 £47.50 £50.00
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

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 22 May 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 22 May 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 -25 11 £650 -3.70% 3
South East -11 7 £320 -14.66%
North West - 1 - - 5
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills in England

For the 6 months to 22 May 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 28 (56.00%) Credit Risk
2 24 (48.00%) Finance
3 19 (38.00%) SQL
4 17 (34.00%) Risk Management
5 16 (32.00%) C++
5 16 (32.00%) Banking
6 14 (28.00%) Market Risk
7 12 (24.00%) Investment Banking
7 12 (24.00%) Agile Software Development
8 11 (22.00%) Mathematics
8 11 (22.00%) Analytical Skills
9 10 (20.00%) Analytics
9 10 (20.00%) Regression Testing
10 9 (18.00%) C
10 9 (18.00%) OO
11 8 (16.00%) UMTS
12 7 (14.00%) Java
12 7 (14.00%) GSM
12 7 (14.00%) Mapinfo
13 6 (12.00%) Python
13 6 (12.00%) Asset Management
13 6 (12.00%) Physics
13 6 (12.00%) Computer Science
13 6 (12.00%) Test Scripting
13 6 (12.00%) Multithreading
13 6 (12.00%) Test Automation
13 6 (12.00%) Low Latency
14 5 (10.00%) Business Analysis
14 5 (10.00%) Derivative
14 5 (10.00%) Statistics

Monte Carlo Method
Top Related IT Skills in England by Category

For the 6 months to 22 May 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 2 (4.00%) Oracle Coherence
Applications
1 4 (8.00%) MS Excel
2 2 (4.00%) MS Office
2 2 (4.00%) Open Workbench
Business Applications
1 1 (2.00%) Summit
Cloud Services
1 1 (2.00%) PaaS
1 1 (2.00%) GitHub
Communications & Networking
1 8 (16.00%) UMTS
2 7 (14.00%) GSM
3 3 (6.00%) LTE
4 2 (4.00%) AMQP
5 1 (2.00%) MIMO
5 1 (2.00%) Radio Access Network
5 1 (2.00%) TCP/IP
Database & Business Intelligence
1 2 (4.00%) Hazelcast
1 2 (4.00%) Hadoop
1 2 (4.00%) NoSQL
2 1 (2.00%) Relational Database
2 1 (2.00%) Big Data
2 1 (2.00%) MS Access
Development Applications
1 2 (4.00%) JUnit
1 2 (4.00%) Subversion
1 2 (4.00%) Maven
1 2 (4.00%) Apache Ivy
2 1 (2.00%) ANTLR
2 1 (2.00%) Git (software)
2 1 (2.00%) yacc
2 1 (2.00%) ClearCase
General
1 24 (48.00%) Finance
2 16 (32.00%) Banking
3 12 (24.00%) Investment Banking
4 5 (10.00%) Telecoms
5 3 (6.00%) Front Office
6 2 (4.00%) Games
7 1 (2.00%) French Language
7 1 (2.00%) German Language
7 1 (2.00%) Italian Language
7 1 (2.00%) Marketing
Job Titles
1 17 (34.00%) Developer
2 14 (28.00%) Analyst
3 9 (18.00%) Quantitative Developer
4 7 (14.00%) Project Manager
5 6 (12.00%) Business Analyst
6 5 (10.00%) Credit Risk Project Manager
6 5 (10.00%) C++ Developer
6 5 (10.00%) Risk Manager
6 5 (10.00%) Administrator
6 5 (10.00%) Test Analyst
7 4 (8.00%) Credit Risk Analyst
8 3 (6.00%) C++ Quantitative Developer
8 3 (6.00%) Quantitative Analyst
8 3 (6.00%) Senior Test Analyst
8 3 (6.00%) Senior Analyst
8 3 (6.00%) Banking Business Analyst
9 2 (4.00%) Java Developer
9 2 (4.00%) Consultant
9 2 (4.00%) Senior Developer
9 2 (4.00%) Market Risk Analyst
Libraries, Frameworks & Software Standards
1 1 (2.00%) WPF
1 1 (2.00%) .NET
Miscellaneous
1 28 (56.00%) Credit Risk
2 14 (28.00%) Market Risk
3 11 (22.00%) Mathematics
3 11 (22.00%) Analytical Skills
4 6 (12.00%) Physics
4 6 (12.00%) Computer Science
5 5 (10.00%) Derivative
5 5 (10.00%) Statistics
5 5 (10.00%) Grid Computing
6 4 (8.00%) Algorithms
7 3 (6.00%) Foreign Exchange (FX)
8 2 (4.00%) Fixed Income
8 2 (4.00%) Equities
8 2 (4.00%) Equity Derivative
8 2 (4.00%) Data Structures
9 1 (2.00%) Mobile Banking
9 1 (2.00%) Neural Network
9 1 (2.00%) Exotic Derivative
9 1 (2.00%) Mainframe
Operating Systems
1 3 (6.00%) UNIX
1 3 (6.00%) Linux
2 2 (4.00%) Windows
3 1 (2.00%) AIX
3 1 (2.00%) HPUX
3 1 (2.00%) Solaris
Processes & Methodologies
1 17 (34.00%) Risk Management
2 12 (24.00%) Agile Software Development
3 10 (20.00%) Analytics
3 10 (20.00%) Regression Testing
4 9 (18.00%) OO
5 6 (12.00%) Asset Management
5 6 (12.00%) Test Scripting
5 6 (12.00%) Multithreading
5 6 (12.00%) Test Automation
5 6 (12.00%) Low Latency
6 5 (10.00%) Business Analysis
6 5 (10.00%) Scrum
7 4 (8.00%) Project Management
7 4 (8.00%) Stress Testing
8 3 (6.00%) Memory Management
8 3 (6.00%) Greeks
8 3 (6.00%) TDD
8 3 (6.00%) PRINCE2
8 3 (6.00%) Validation
9 2 (4.00%) PRINCE
Programming Languages
1 19 (38.00%) SQL
2 16 (32.00%) C++
3 9 (18.00%) C
4 7 (14.00%) Java
5 6 (12.00%) Python
6 4 (8.00%) VBA
7 3 (6.00%) R
7 3 (6.00%) C#
7 3 (6.00%) MATLAB
8 2 (4.00%) Perl
8 2 (4.00%) PL/SQL
8 2 (4.00%) MapBasic
9 1 (2.00%) Scala
9 1 (2.00%) VB
9 1 (2.00%) REXX
Qualifications
1 4 (8.00%) Degree
2 3 (6.00%) PhD
3 2 (4.00%) ISTQB
3 2 (4.00%) ISTQB Foundation Certification
4 1 (2.00%) SC Cleared
4 1 (2.00%) Security Cleared
Quality Assurance & Compliance
1 2 (4.00%) Basel III
2 1 (2.00%) CRD IV
2 1 (2.00%) COBIT
2 1 (2.00%) SLA
System Software
1 2 (4.00%) Platform Symphony
2 1 (2.00%) VMware Infrastructure
2 1 (2.00%) VMware ESX
Systems Management
1 2 (4.00%) HP Quality Center
2 1 (2.00%) Puppet
2 1 (2.00%) Opscode Chef
2 1 (2.00%) CA Endevor
Vendors
1 7 (14.00%) Mapinfo
2 2 (4.00%) Calypso
2 2 (4.00%) Murex
2 2 (4.00%) DataSynapse
2 2 (4.00%) Sophis
3 1 (2.00%) TEOCO
3 1 (2.00%) Huawei
3 1 (2.00%) Misys
3 1 (2.00%) IBM
3 1 (2.00%) Sun
3 1 (2.00%) Citrix
3 1 (2.00%) Perforce
3 1 (2.00%) VMware
London
Hays IT - Uk Posting account
Rate: £500.00 - £750.00 per day
Posted: 12 days ago