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 27 November 2014 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
27 Nov 2014
Same period 2013 Same period 2012
Monte Carlo Method
Rank 548 516 511
Rank change year-on-year
-32 -5
Contract jobs citing Monte Carlo Method 24 52 26
As % of all contract IT jobs located in England 0.046% 0.11% 0.056%
As % of the Processes & Methodologies category 0.063% 0.15% 0.078%
Number of daily rates quoted 18 42 18
Average daily rate
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of your Daily Rate
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£583 £588 £550
Average daily rate % change year-on-year
-0.85% +6.81%
90% offered a daily rate of more than £418 £500 £335
10% offered a daily rate of more than £733 £600 £575
UK excluding London average daily rate £425 £300 £350
% change year-on-year
+41.66% -14.28%
Number of hourly rates quoted 1 0 0
Average hourly rate £10.50 - -
UK excluding London average hourly rate - - -
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
38343 34678 33493
As % of all contract IT jobs located in England 73.75% 74.28% 72.02%
Number of daily rates quoted 25330 21958 19908
Average daily rate £425 £403 £410
Average daily rate % change year-on-year
+5.59% -1.82%
90% offered a daily rate of more than £285 £275 £275
10% offered a daily rate of more than £600 £575 £575
UK excluding London average daily rate £388 £363 £370
% change year-on-year
+6.89% -2.02%
Number of hourly rates quoted 1098 1031 1366
Average hourly rate £25.00 £26.50 £30.00
Average hourly rate % change year-on-year
-5.66% -11.66%
90% offered a hourly rate of more than £11.78 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £45.00 £46.50
UK excluding London average hourly rate £25.00 £27.50 £30.00
% change year-on-year
-9.09% -8.33%

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 27 November 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 27 November 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 -39 20 £590 +0.42% 9
North West - - - - 3
South East - - - -
East of England - - - -
Monte Carlo Method
UK

Monte Carlo Method
Top 30 Related IT Skills in England

For the 6 months to 27 November 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 20 (57.14%) C++
2 13 (37.14%) Finance
2 13 (37.14%) C#
3 11 (31.43%) SQL
4 10 (28.57%) Front Office
4 10 (28.57%) Mathematics
5 9 (25.71%) Credit Risk
5 9 (25.71%) OO
6 8 (22.86%) Physics
6 8 (22.86%) Computer Science
6 8 (22.86%) Banking
6 8 (22.86%) Market Risk
6 8 (22.86%) Analytics
7 7 (20.00%) Investment Banking
7 7 (20.00%) Risk Management
7 7 (20.00%) Java
8 6 (17.14%) .NET
8 6 (17.14%) Validation
8 6 (17.14%) Degree
9 5 (14.29%) Derivative
9 5 (14.29%) Python
9 5 (14.29%) PhD
9 5 (14.29%) VBA
10 4 (11.43%) Windows
10 4 (11.43%) WPF
10 4 (11.43%) yacc
10 4 (11.43%) ANTLR
11 3 (8.57%) Boost C++ Libraries
11 3 (8.57%) Risk Analytics
11 3 (8.57%) Markov Chain

Monte Carlo Method
Top Related IT Skills in England by Category

For the 6 months to 27 November 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 3 (8.57%) GlassFish
2 2 (5.71%) JBoss
3 1 (2.86%) Oracle Coherence
3 1 (2.86%) WebLogic
Applications
1 3 (8.57%) MS Excel
2 2 (5.71%) MS Office
3 1 (2.86%) MS Visio
Database & Business Intelligence
1 3 (8.57%) MySQL
2 2 (5.71%) SQL Server
2 2 (5.71%) Big Data
Development Applications
1 4 (11.43%) yacc
1 4 (11.43%) ANTLR
2 3 (8.57%) Subversion
2 3 (8.57%) NetBeans
3 2 (5.71%) NUnit
4 1 (2.86%) Team Foundation Server
4 1 (2.86%) Moq
4 1 (2.86%) Mockito
4 1 (2.86%) CruiseControl
4 1 (2.86%) ClearCase
4 1 (2.86%) JUnit
General
1 13 (37.14%) Finance
2 10 (28.57%) Front Office
3 8 (22.86%) Banking
4 7 (20.00%) Investment Banking
5 3 (8.57%) Military
6 1 (2.86%) Back Office
Job Titles
1 23 (65.71%) Developer
2 15 (42.86%) Quantitative Developer
3 8 (22.86%) Analyst
4 6 (17.14%) C++ Quantitative Developer
5 5 (14.29%) C++ Developer
6 4 (11.43%) Business Analyst
7 3 (8.57%) Quantitative Analyst
7 3 (8.57%) Java Developer
8 2 (5.71%) Credit Analyst
8 2 (5.71%) Credit Risk Business Analyst
8 2 (5.71%) Risk Analyst
8 2 (5.71%) C# Developer
8 2 (5.71%) Lead Developer
8 2 (5.71%) Market Risk Analyst
8 2 (5.71%) IT Business Analyst
8 2 (5.71%) Lead Java Developer
8 2 (5.71%) Credit Risk Analyst
8 2 (5.71%) Compiler Developer
8 2 (5.71%) Market Risk Business Analyst
9 1 (2.86%) Research Analyst
Libraries, Frameworks & Software Standards
1 6 (17.14%) .NET
2 4 (11.43%) WPF
3 3 (8.57%) Boost C++ Libraries
3 3 (8.57%) HTML5
3 3 (8.57%) STL
3 3 (8.57%) HTML
4 2 (5.71%) J2EE
4 2 (5.71%) COM
4 2 (5.71%) Web Services
4 2 (5.71%) Spring
5 1 (2.86%) WCF
5 1 (2.86%) XML
Miscellaneous
1 10 (28.57%) Mathematics
2 9 (25.71%) Credit Risk
3 8 (22.86%) Physics
3 8 (22.86%) Computer Science
3 8 (22.86%) Market Risk
4 5 (14.29%) Derivative
5 3 (8.57%) Foreign Exchange (FX)
6 2 (5.71%) Biometrics
6 2 (5.71%) Economics
6 2 (5.71%) Statistics
6 2 (5.71%) Reference Data
6 2 (5.71%) Analytical Skills
7 1 (2.86%) Algorithms
7 1 (2.86%) Swaptions
7 1 (2.86%) Equity Derivative
7 1 (2.86%) Fixed Income
7 1 (2.86%) Grid Computing
Operating Systems
1 4 (11.43%) Windows
Processes & Methodologies
1 9 (25.71%) OO
2 8 (22.86%) Analytics
3 7 (20.00%) Risk Management
4 6 (17.14%) Validation
5 3 (8.57%) Risk Analytics
5 3 (8.57%) Markov Chain
5 3 (8.57%) Software Architecture
5 3 (8.57%) Business Analysis
5 3 (8.57%) Risk Assessment
5 3 (8.57%) Bayesian Methods
6 2 (5.71%) OOP
6 2 (5.71%) Agile Software Development
6 2 (5.71%) Software Engineering
6 2 (5.71%) AOP
6 2 (5.71%) Refactoring
6 2 (5.71%) User Acceptance Testing
6 2 (5.71%) Stress Testing
6 2 (5.71%) Risk Analysis
6 2 (5.71%) Greeks
6 2 (5.71%) Low Latency
Programming Languages
1 20 (57.14%) C++
2 13 (37.14%) C#
3 11 (31.43%) SQL
4 7 (20.00%) Java
5 5 (14.29%) Python
5 5 (14.29%) VBA
6 3 (8.57%) Bash Shell
7 1 (2.86%) R
7 1 (2.86%) PowerShell
7 1 (2.86%) MATLAB
7 1 (2.86%) C
7 1 (2.86%) Perl
7 1 (2.86%) VBScript
7 1 (2.86%) VB
Qualifications
1 6 (17.14%) Degree
2 5 (14.29%) PhD
3 3 (8.57%) Security Cleared
4 2 (5.71%) SC Cleared
5 1 (2.86%) CTC Cleared
Quality Assurance & Compliance
1 1 (2.86%) Basel III
System Software
1 2 (5.71%) GridGain
Vendors
1 2 (5.71%) Oracle
1 2 (5.71%) Microsoft
1 2 (5.71%) DataSynapse
2 1 (2.86%) Perforce
2 1 (2.86%) Sybase
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