The first table below looks at the demand 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 25 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the England region.

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
25 Jul 2014
Same period 2013 Same period 2012
Monte Carlo Method
Rank 553 484 502
Rank change year-on-year
-69 +18
Contract jobs citing Monte Carlo Method 17 58 58
As % of all contract IT jobs located in England 0.034% 0.12% 0.11%
As % of the Processes & Methodologies category 0.046% 0.17% 0.15%
Number of daily rates quoted 14 41 43
Average daily rate
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of your Daily Rate
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£600 £550 £550
Average daily rate % change year-on-year
+9.09% -
UK excluding London average daily rate £375 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
36754 34094 37574
As % of all contract IT jobs located in England 74.45% 73.30% 71.01%
Number of daily rates quoted 23188 21156 22089
Average daily rate £407 £413 £400
Average daily rate % change year-on-year
-1.33% +3.12%
90% offered a daily rate of more than £275 £275 £270
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £375 £363
% change year-on-year
- +3.44%
Number of hourly rates quoted 1082 994 1361
Average hourly rate £24.00 £31.00 £32.00
Average hourly rate % change year-on-year
-22.58% -3.12%
90% offered a hourly rate of more than £12.58 £13.00 £14.00
10% offered a hourly rate of more than £45.00 £50.00 £47.50
UK excluding London average hourly rate £26.50 £31.00 £32.00
% change year-on-year
-14.51% -3.12%
Monte Carlo Method
UK

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 25 July 2014.

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 25 July 2014. 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 -42 13 £625 +13.63% 6
North West - - - -
East of England - - - - 1
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills in England

For the 6 months to 25 July 2014, 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 (53.85%) C++
2 21 (40.38%) Banking
3 20 (38.46%) Credit Risk
4 19 (36.54%) Finance
5 14 (26.92%) Investment Banking
5 14 (26.92%) Derivative
5 14 (26.92%) Front Office
5 14 (26.92%) C#
6 12 (23.08%) Risk Management
6 12 (23.08%) Analytics
7 11 (21.15%) VBA
8 10 (19.23%) Java
8 10 (19.23%) Foreign Exchange (FX)
8 10 (19.23%) Grid Computing
8 10 (19.23%) Mathematics
9 8 (15.38%) Market Risk
9 8 (15.38%) Windows
9 8 (15.38%) SQL
10 7 (13.46%) Equities
10 7 (13.46%) Fixed Income
10 7 (13.46%) PhD
10 7 (13.46%) Python
10 7 (13.46%) .NET
10 7 (13.46%) Stress Testing
11 6 (11.54%) Computer Science
11 6 (11.54%) Agile Software Development
11 6 (11.54%) Perl
11 6 (11.54%) STL
11 6 (11.54%) User Acceptance Testing
12 5 (9.62%) MS Office

Monte Carlo Method
Top Related IT Skills in England by Category

For the 6 months to 25 July 2014, 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 (3.85%) Oracle Coherence
Applications
1 5 (9.62%) MS Office
2 3 (5.77%) MS Excel
Business Applications
1 1 (1.92%) Summit
Database & Business Intelligence
1 4 (7.69%) SQL Server
2 2 (3.85%) SQL Server 2008
3 1 (1.92%) Big Data
3 1 (1.92%) Hazelcast
3 1 (1.92%) Data Warehouse
3 1 (1.92%) SQL Server 2005
3 1 (1.92%) SQL Server Integration Services
Development Applications
1 1 (1.92%) JUnit
1 1 (1.92%) Maven
1 1 (1.92%) Team Foundation Server
1 1 (1.92%) Rational DOORS
1 1 (1.92%) SpecFlow
1 1 (1.92%) Gradle
General
1 21 (40.38%) Banking
2 19 (36.54%) Finance
3 14 (26.92%) Investment Banking
3 14 (26.92%) Front Office
4 2 (3.85%) Military
Job Titles
1 26 (50.00%) Developer
2 19 (36.54%) Analyst
3 17 (32.69%) Quantitative Developer
4 11 (21.15%) C++ Developer
4 11 (21.15%) Business Analyst
5 8 (15.38%) C++ Quantitative Developer
6 6 (11.54%) Risk Analyst
7 5 (9.62%) Quantitative Analyst
7 5 (9.62%) Credit Risk Business Analyst
7 5 (9.62%) Credit Risk Analyst
7 5 (9.62%) Senior Analyst
8 4 (7.69%) IT Business Analyst
9 3 (5.77%) Senior Quantitative Analyst
9 3 (5.77%) Market Risk Business Analyst
9 3 (5.77%) Agile Business Analyst
9 3 (5.77%) Market Risk Analyst
10 2 (3.85%) Investment Banking Business Analyst
10 2 (3.85%) Banking Business Analyst
10 2 (3.85%) Requirements Analyst
10 2 (3.85%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 7 (13.46%) .NET
2 6 (11.54%) STL
3 3 (5.77%) WPF
4 2 (3.85%) WCF
4 2 (3.85%) Boost C++ Libraries
4 2 (3.85%) ADO.NET Entity Framework
4 2 (3.85%) .NET Framework
5 1 (1.92%) Microsoft Enterprise Library
5 1 (1.92%) ASP.NET
5 1 (1.92%) Web Services
5 1 (1.92%) XML
5 1 (1.92%) XSLT
5 1 (1.92%) Spring
5 1 (1.92%) Restlet
5 1 (1.92%) HTML5
5 1 (1.92%) HTML
5 1 (1.92%) jQuery
Miscellaneous
1 20 (38.46%) Credit Risk
2 14 (26.92%) Derivative
3 10 (19.23%) Mathematics
3 10 (19.23%) Foreign Exchange (FX)
3 10 (19.23%) Grid Computing
4 8 (15.38%) Market Risk
5 7 (13.46%) Equities
5 7 (13.46%) Fixed Income
6 6 (11.54%) Computer Science
7 3 (5.77%) CUDA
7 3 (5.77%) Physics
8 2 (3.85%) Swaptions
8 2 (3.85%) Interest Rate Derivative
8 2 (3.85%) Equity Derivative
8 2 (3.85%) Management Information System
8 2 (3.85%) Economics
9 1 (1.92%) Hybrid Derivative
9 1 (1.92%) Credit Derivative
9 1 (1.92%) Client/Server
9 1 (1.92%) Energy Derivatives
Operating Systems
1 8 (15.38%) Windows
2 5 (9.62%) Linux
3 1 (1.92%) Windows XP
3 1 (1.92%) Windows Server 2003
Processes & Methodologies
1 12 (23.08%) Risk Management
1 12 (23.08%) Analytics
2 7 (13.46%) Stress Testing
3 6 (11.54%) Agile Software Development
3 6 (11.54%) User Acceptance Testing
4 5 (9.62%) Validation
5 4 (7.69%) OOA/OOD
6 3 (5.77%) MODAF
6 3 (5.77%) Asset Management
6 3 (5.77%) Quantitative Risk Management
7 2 (3.85%) User Stories
7 2 (3.85%) Risk Analytics
7 2 (3.85%) Continuous Improvement
7 2 (3.85%) Greeks
7 2 (3.85%) Business Analysis
7 2 (3.85%) Statistical Analysis
7 2 (3.85%) Refactoring
7 2 (3.85%) Multithreading
7 2 (3.85%) SOA
7 2 (3.85%) Project Management
Programming Languages
1 28 (53.85%) C++
2 14 (26.92%) C#
3 11 (21.15%) VBA
4 10 (19.23%) Java
5 8 (15.38%) SQL
6 7 (13.46%) Python
7 6 (11.54%) Perl
8 2 (3.85%) C
8 2 (3.85%) Scala
8 2 (3.85%) R
9 1 (1.92%) MATLAB
9 1 (1.92%) PowerShell
Qualifications
1 7 (13.46%) PhD
2 2 (3.85%) MBA
2 2 (3.85%) Degree
2 2 (3.85%) SC Cleared
2 2 (3.85%) Security Cleared
3 1 (1.92%) BC Cleared
Quality Assurance & Compliance
1 2 (3.85%) QA
1 2 (3.85%) Basel III
1 2 (3.85%) Dodd-Frank
2 1 (1.92%) Basel II
Vendors
1 3 (5.77%) Microsoft
2 2 (3.85%) DataSynapse
3 1 (1.92%) Murex
3 1 (1.92%) Calypso
3 1 (1.92%) TIBCO
3 1 (1.92%) Perforce
3 1 (1.92%) Sophis