The table below looks at the statistics for Numerical Analysis 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 Numerical Analysis over the 3 months to 30 April 2016 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.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Numerical Analysis
Rank 625 596 586
Rank change year-on-year
-29 -10
Contract jobs citing Numerical Analysis 2 2 8
As % of all contract IT jobs located in England 0.004% 0.004% 0.016%
As % of the Processes & Methodologies category 0.005% 0.005% 0.021%
Number of daily rates quoted 2 2 6
Average daily rate £425 £475 £400
Average daily rate % change year-on-year
-10.52% +18.75%
90% offered a daily rate of more than £245 £475 £350
10% offered a daily rate of more than £605 £475 £613
UK excluding London average daily rate £200 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Numerical Analysis
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
41826 40039 38764
As % of all contract IT jobs located in England 81.63% 78.98% 77.91%
Number of daily rates quoted 27962 25351 24614
Average daily rate £445 £420 £400
Average daily rate % change year-on-year
+5.95% +5.00%
90% offered a daily rate of more than £300 £285 £275
10% offered a daily rate of more than £600 £575 £575
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 916 1169 1134
Average hourly rate £32.25 £29.00 £30.00
Average hourly rate % change year-on-year
+11.20% -3.33%
90% offered a hourly rate of more than £12.83 £12.40 £12.50
10% offered a hourly rate of more than £47.91 £47.83 £50.00
UK excluding London average hourly rate £36.00 £30.75 £31.50
% change year-on-year
+17.07% -2.38%

Numerical Analysis
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Numerical Analysis across the England region as a proportion of the total demand within the Processes & Methodologies category.

Numerical Analysis Jobs Demand Trend in England

Numerical Analysis
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Numerical Analysis across the England region.

Numerical Analysis Daily Rate Trend in England

Numerical Analysis
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Numerical Analysis across the England region over the 3 months to 30 April 2016.

Numerical Analysis Daily Rate Histogram in England

Numerical Analysis
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Numerical Analysis across the England region.

Numerical Analysis Hourly Rate Trend in England

Numerical Analysis
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 Numerical Analysis within the England region over the 3 months to 30 April 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
(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 -6 1 £650 +36.84% 1
West Midlands - 1 £200 -
Numerical Analysis
UK

Numerical Analysis
Top 29 Related IT Skills in England

For the 6 months to 30 April 2016, IT contractor jobs across the England region citing Numerical Analysis 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 Numerical Analysis.

1 4 (80.00%) Finance
2 3 (60.00%) Python
2 3 (60.00%) Data Mining
3 2 (40.00%) MATLAB
3 2 (40.00%) PhD
3 2 (40.00%) R
3 2 (40.00%) Machine Learning
3 2 (40.00%) Analytics
4 1 (20.00%) Line Management
4 1 (20.00%) Algorithms
4 1 (20.00%) Expense Management
4 1 (20.00%) Big Data
4 1 (20.00%) Data Analytics
4 1 (20.00%) Service Delivery
4 1 (20.00%) Risk Management
4 1 (20.00%) C#
4 1 (20.00%) C++
4 1 (20.00%) VBA
4 1 (20.00%) SAS
4 1 (20.00%) Hyperion
4 1 (20.00%) Validation
4 1 (20.00%) Econometrics
4 1 (20.00%) HFM
4 1 (20.00%) MS PowerPoint
4 1 (20.00%) Degree
4 1 (20.00%) Stochastic Calculus
4 1 (20.00%) Hadoop
4 1 (20.00%) Financial Analysis
4 1 (20.00%) Hedge funds

Numerical Analysis
Top Related IT Skills in England by Category

For the 6 months to 30 April 2016, IT contractor jobs across the England region citing Numerical Analysis 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 Numerical Analysis. Up to 20 skills are shown per category.

Application Platforms
1 1 (20.00%) SAS
Applications
1 1 (20.00%) MS PowerPoint
Business Applications
1 1 (20.00%) HFM
Database & Business Intelligence
1 3 (60.00%) Data Mining
2 1 (20.00%) Big Data
2 1 (20.00%) Hadoop
General
1 4 (80.00%) Finance
Job Titles
1 2 (40.00%) Analyst
2 1 (20.00%) Analyst Developer
2 1 (20.00%) Data Analyst
2 1 (20.00%) Data Scientist
2 1 (20.00%) Database Operations Team Leader
2 1 (20.00%) Database Team Leader
2 1 (20.00%) Developer
2 1 (20.00%) Financial Analyst
2 1 (20.00%) Machine Learning Scientist
2 1 (20.00%) Operations Team Leader
2 1 (20.00%) Qualitative Analyst
2 1 (20.00%) Quantitative Analyst
2 1 (20.00%) Quantitative Developer
2 1 (20.00%) Report Analyst
2 1 (20.00%) Senior Analyst
2 1 (20.00%) Senior Analyst Developer
2 1 (20.00%) Senior Developer
2 1 (20.00%) Senior Quantitative Analyst
2 1 (20.00%) Senior Quantitative Developer
2 1 (20.00%) Team Leader
Miscellaneous
1 1 (20.00%) Algorithms
1 1 (20.00%) Hedge funds
Processes & Methodologies
1 2 (40.00%) Analytics
1 2 (40.00%) Machine Learning
2 1 (20.00%) Data Analytics
2 1 (20.00%) Econometrics
2 1 (20.00%) Expense Management
2 1 (20.00%) Financial Analysis
2 1 (20.00%) Line Management
2 1 (20.00%) Risk Management
2 1 (20.00%) Service Delivery
2 1 (20.00%) Stochastic Calculus
2 1 (20.00%) Validation
Programming Languages
1 3 (60.00%) Python
2 2 (40.00%) MATLAB
2 2 (40.00%) R
3 1 (20.00%) C#
3 1 (20.00%) C++
3 1 (20.00%) VBA
Qualifications
1 2 (40.00%) PhD
2 1 (20.00%) Degree
Vendors
1 1 (20.00%) Hyperion