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 25 February 2017 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
25 Feb 2017
Same period 2016 Same period 2015
Monte Carlo Method
UK / England
Rank 536 588 564
Rank change year-on-year
+52 -24
Contract jobs citing Monte Carlo Method 38 23 31
As % of all contract IT jobs located in England 0.092% 0.048% 0.065%
As % of the Processes & Methodologies category 0.11% 0.058% 0.082%
Number of daily rates quoted 30 23 26
Median daily rate £681 £1,100 £538
Median daily rate % change year-on-year
-38.06% +104.65%
90% offered a daily rate of more than £540 £505 £440
10% offered a daily rate of more than £728 £1,100 £695
UK excluding London median daily rate £663 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
34237 39508 37993
As % of all contract IT jobs located in England 82.95% 82.86% 79.71%
Number of daily rates quoted 22891 26199 24367
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £300 £300 £280
10% offered a daily rate of more than £600 £600 £580
UK excluding London median daily rate £408 £400 £400
% change year-on-year
+1.87% -
Number of hourly rates quoted 847 1079 1033
Median hourly rate £36.25 £37.50 £27.32
Median hourly rate % change year-on-year
-3.33% +37.28%
90% offered a hourly rate of more than £13.50 £12.78 £12.00
10% offered a hourly rate of more than £53.50 £55.00 £49.50
UK excluding London median hourly rate £36.00 £40.00 £27.79
% change year-on-year
-10.00% +43.93%

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 25 February 2017.

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 25 February 2017. 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 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 +32 33 £725 -34.09% 8
East Midlands - 3 £663 -
South East - 1 £450 -
South West - 1 £663 -
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills in England

For the 6 months to 25 February 2017, 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 42 (60.87%) Finance
2 30 (43.48%) Risk Management
3 27 (39.13%) Mathematics
4 23 (33.33%) Banking
5 22 (31.88%) C#
6 21 (30.43%) SQL
7 20 (28.99%) C++
8 19 (27.54%) Algorithms
9 18 (26.09%) Analytics
10 17 (24.64%) Market Risk
11 15 (21.74%) Credit Risk
11 15 (21.74%) MS Office
11 15 (21.74%) Front Office
12 13 (18.84%) Subversion
13 12 (17.39%) Statistics
13 12 (17.39%) Microsoft
13 12 (17.39%) Quantitative Finance
14 11 (15.94%) Derivative
14 11 (15.94%) Credit Derivative
15 10 (14.49%) Statistical Analysis
15 10 (14.49%) CUDA
15 10 (14.49%) MS Excel
16 9 (13.04%) Java
16 9 (13.04%) Risk Analysis
16 9 (13.04%) Degree
16 9 (13.04%) JIRA
16 9 (13.04%) TDD
16 9 (13.04%) Mathematical Modelling
17 8 (11.59%) MS PowerPoint
17 8 (11.59%) Security Cleared

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 6 (8.70%) SAS
Applications
1 15 (21.74%) MS Office
2 10 (14.49%) MS Excel
3 8 (11.59%) MS PowerPoint
4 6 (8.70%) LaTeX
5 4 (5.80%) SPSS
6 3 (4.35%) Doxygen
7 2 (2.90%) SPSS Modeler
8 1 (1.45%) MS Project
Database & Business Intelligence
1 4 (5.80%) Power BI
1 4 (5.80%) SQL Server
1 4 (5.80%) SQL Server Reporting Services
2 3 (4.35%) Hadoop
3 2 (2.90%) Data Mining
3 2 (2.90%) SQL Server 2016
3 2 (2.90%) SQL Server Integration Services
4 1 (1.45%) Big Data
Development Applications
1 13 (18.84%) Subversion
2 9 (13.04%) JIRA
General
1 42 (60.87%) Finance
2 23 (33.33%) Banking
3 15 (21.74%) Front Office
4 7 (10.14%) Investment Banking
5 5 (7.25%) Financial Institution
5 5 (7.25%) Retail
6 1 (1.45%) Back Office
6 1 (1.45%) Electronics
6 1 (1.45%) Manufacturing
6 1 (1.45%) Marketing
Job Titles
1 25 (36.23%) Developer
2 24 (34.78%) Analyst
3 21 (30.43%) Quantitative Developer
4 15 (21.74%) Qualitative Analyst
4 15 (21.74%) Quantitative Analyst
5 11 (15.94%) C# Developer
6 7 (10.14%) C# Quant Developer
6 7 (10.14%) Market Risk Developer
6 7 (10.14%) Risk Analyst
6 7 (10.14%) Risk Manager
7 6 (8.70%) Analyst Developer
7 6 (8.70%) Credit Analyst
7 6 (8.70%) Quantitative Analyst Developer
8 5 (7.25%) Business Analyst
8 5 (7.25%) C# Pricing Developer
8 5 (7.25%) Credit Risk Analyst
8 5 (7.25%) Credit Risk Business Analyst
8 5 (7.25%) Developer Analyst
8 5 (7.25%) Java Developer
8 5 (7.25%) Java Pricing Developer
Libraries, Frameworks & Software Standards
1 5 (7.25%) .NET
2 2 (2.90%) ASP.NET
2 2 (2.90%) WPF
3 1 (1.45%) COM
3 1 (1.45%) WCF
3 1 (1.45%) XML
3 1 (1.45%) XSLT
Miscellaneous
1 19 (27.54%) Algorithms
2 17 (24.64%) Market Risk
3 15 (21.74%) Credit Risk
4 11 (15.94%) Credit Derivative
4 11 (15.94%) Derivative
5 10 (14.49%) CUDA
6 6 (8.70%) Computer Science
7 5 (7.25%) Analytical Skills
8 3 (4.35%) Fintech
9 2 (2.90%) Equities
9 2 (2.90%) Fixed Income
9 2 (2.90%) Wiki
10 1 (1.45%) Equity Derivative
10 1 (1.45%) Grid Computing
10 1 (1.45%) OTC Derivatives
Operating Systems
1 2 (2.90%) Windows
Processes & Methodologies
1 30 (43.48%) Risk Management
2 27 (39.13%) Mathematics
3 18 (26.09%) Analytics
4 12 (17.39%) Quantitative Finance
4 12 (17.39%) Statistics
5 10 (14.49%) Statistical Analysis
6 9 (13.04%) Mathematical Modelling
6 9 (13.04%) Risk Analysis
6 9 (13.04%) TDD
7 7 (10.14%) Stakeholder Management
8 6 (8.70%) Agile Software Development
8 6 (8.70%) Change Management
8 6 (8.70%) Programme Management
8 6 (8.70%) Time Management
9 5 (7.25%) Business Intelligence
9 5 (7.25%) OO
9 5 (7.25%) OOP
9 5 (7.25%) Statistical Modelling
10 4 (5.80%) Cyber Intelligence
10 4 (5.80%) Risk Analytics
Programming Languages
1 22 (31.88%) C#
2 21 (30.43%) SQL
3 20 (28.99%) C++
4 9 (13.04%) Java
5 6 (8.70%) Python
6 5 (7.25%) R
7 4 (5.80%) C
7 4 (5.80%) VBA
8 3 (4.35%) MATLAB
9 1 (1.45%) F#
9 1 (1.45%) VB.NET
9 1 (1.45%) VC++
Qualifications
1 9 (13.04%) Degree
2 8 (11.59%) Security Cleared
3 7 (10.14%) PhD
3 7 (10.14%) SC Cleared
4 6 (8.70%) DV Cleared
Quality Assurance & Compliance
1 4 (5.80%) IFRS
1 4 (5.80%) IFRS 9
2 2 (2.90%) QA
3 1 (1.45%) Basel III
3 1 (1.45%) CRD IV
3 1 (1.45%) ISO 9000
3 1 (1.45%) PMO
Vendors
1 12 (17.39%) Microsoft
2 5 (7.25%) Algorithmics
3 3 (4.35%) Cloudera
4 2 (2.90%) IBM
5 1 (1.45%) Cadence
5 1 (1.45%) Oracle
5 1 (1.45%) Sophis
London
Hays Finance Technology
Rate: £775 - £950 per day
Posted: 23 hours ago
City, London
Nexere Consulting Limited
Posted: 2 days ago