The statistics below represent IT contracts advertised across the England region that had Quantitative Analyst featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 31 May 2016 with a comparison to same period over 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
31 May 2016
Same period 2015 Same period 2014
Quant Analyst
Rank 581 585 566
Rank change year-on-year
+4 -19
Contract jobs requiring a Quantitative Analyst 32 20 29
As % of all contract IT jobs located in England 0.065% 0.041% 0.060%
As % of the Job Titles category 0.068% 0.043% 0.063%
Number of daily rates quoted 25 20 26
Median daily rate £700 £625 £650
Median daily rate % change year-on-year
+12.00% -3.84%
90% offered a daily rate of more than £478 £425 £425
10% offered a daily rate of more than £915 £750 £763
UK excluding London median daily rate £600 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Quantitative Analyst
UK

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the England region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
England
Contract IT job ads with a match in the
Job Titles category
46744 46649 45930
As % of all contract IT jobs located in England 94.93% 94.71% 94.57%
Number of daily rates quoted 30942 29439 28805
Median daily rate £425 £400 £400
Median daily rate % change year-on-year
+6.25% -
90% offered a daily rate of more than £263 £250 £225
10% offered a daily rate of more than £600 £575 £550
UK excluding London median daily rate £400 £375 £350
% change year-on-year
+6.66% +7.14%
Number of hourly rates quoted 1325 1843 1957
Median hourly rate £17.95 £17.00 £17.00
Median hourly rate % change year-on-year
+5.55% -
90% offered a hourly rate of more than £11.00 £11.00 £10.50
10% offered a hourly rate of more than £43.91 £41.00 £40.00
UK excluding London median hourly rate £17.50 £16.16 £16.50
% change year-on-year
+8.29% -2.06%

Quantitative Analyst
Jobs Demand Trend in England

The demand trend of IT contracts across the England region that featured Quantitative Analyst in the job title.

Quantitative Analyst Jobs Demand Trend in England

Quantitative Analyst
Daily Rate Trend in England

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

Quantitative Analyst Daily Rate Trend in England

Quantitative Analyst
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analyst across the England region over the 3 months to 31 May 2016.

Quantitative Analyst Daily Rate Histogram in England

Quantitative Analyst
Hourly Rate Trend in England

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

Quantitative Analyst Hourly Rate Trend in England

Quantitative Analyst
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 Quantitative Analyst within the England region over the 3 months to 31 May 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
(Click see detailed
statistics and trends)
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 +20 32 £700 +12.00% 3
Quantitative Analyst
UK

Quantitative Analyst Skill Set
Top 30 Related IT Skills in England

For the 6 months to 31 May 2016, Quantitative Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region featuring Quantitative Analyst in the job title.

1 43 (66.15%) Finance
2 32 (49.23%) C++
3 28 (43.08%) Mathematics
4 25 (38.46%) Degree
5 24 (36.92%) C#
6 22 (33.85%) PhD
7 21 (32.31%) Python
8 20 (30.77%) Physics
9 18 (27.69%) Validation
9 18 (27.69%) Banking
10 15 (23.08%) Front Office
10 15 (23.08%) Risk Management
11 12 (18.46%) Investment Banking
11 12 (18.46%) Analytical Skills
12 10 (15.38%) Econometric Modelling
12 10 (15.38%) Market Risk
12 10 (15.38%) Stress Testing
12 10 (15.38%) Statistical Modelling
12 10 (15.38%) Retail
12 10 (15.38%) Derivative
13 9 (13.85%) VBA
13 9 (13.85%) Analytics
14 8 (12.31%) Time Series Analysis
14 8 (12.31%) Statistics
15 7 (10.77%) Fixed Income
15 7 (10.77%) MATLAB
15 7 (10.77%) SQL
15 7 (10.77%) Credit Risk
16 6 (9.23%) QA
16 6 (9.23%) R

Quantitative Analyst Skill Set
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 4 (6.15%) SAS
2 2 (3.08%) IIS
Applications
1 3 (4.62%) LaTeX
1 3 (4.62%) MS Office
2 2 (3.08%) MS Excel
2 2 (3.08%) Spreadsheet
Cloud Services
1 2 (3.08%) Cloud Computing
Communications & Networking
1 1 (1.54%) HTTP
Database & Business Intelligence
1 3 (4.62%) SQL Server
2 2 (3.08%) SQL Server Integration Services
Development Applications
1 5 (7.69%) HP UFT
1 5 (7.69%) Selenium
2 3 (4.62%) Visual Studio
General
1 43 (66.15%) Finance
2 18 (27.69%) Banking
3 15 (23.08%) Front Office
4 12 (18.46%) Investment Banking
5 10 (15.38%) Retail
6 2 (3.08%) Financial Institution
6 2 (3.08%) Retail Banking
7 1 (1.54%) Back Office
7 1 (1.54%) Marketing
Libraries, Frameworks & Software Standards
1 5 (7.69%) .NET
1 5 (7.69%) MSMQ
2 2 (3.08%) Web Services
2 2 (3.08%) WPF
2 2 (3.08%) XSLT
Miscellaneous
1 28 (43.08%) Mathematics
2 20 (30.77%) Physics
3 12 (18.46%) Analytical Skills
4 10 (15.38%) Derivative
4 10 (15.38%) Market Risk
5 8 (12.31%) Statistics
6 7 (10.77%) Credit Risk
6 7 (10.77%) Fixed Income
7 6 (9.23%) Equities
8 5 (7.69%) Foreign Exchange (FX)
9 3 (4.62%) Credit Derivative
10 2 (3.08%) Algorithms
10 2 (3.08%) Swaptions
11 1 (1.54%) Computer Science
11 1 (1.54%) Economics
11 1 (1.54%) Equity Derivative
11 1 (1.54%) Grid Computing
11 1 (1.54%) Hedge funds
Processes & Methodologies
1 18 (27.69%) Validation
2 15 (23.08%) Risk Management
3 10 (15.38%) Econometric Modelling
3 10 (15.38%) Statistical Modelling
3 10 (15.38%) Stress Testing
4 9 (13.85%) Analytics
5 8 (12.31%) Time Series Analysis
6 5 (7.69%) Greeks
6 5 (7.69%) Test Automation
7 4 (6.15%) Risk Analytics
8 3 (4.62%) Econometrics
8 3 (4.62%) Monte Carlo Method
8 3 (4.62%) Quantitative Risk Management
8 3 (4.62%) Wealth Management
9 2 (3.08%) Asset Management
9 2 (3.08%) Numerical Analysis
10 1 (1.54%) Black-Scholes
10 1 (1.54%) Performance Optimisation
10 1 (1.54%) Quantitative Analysis
10 1 (1.54%) Stochastic Calculus
Programming Languages
1 32 (49.23%) C++
2 24 (36.92%) C#
3 21 (32.31%) Python
4 9 (13.85%) VBA
5 7 (10.77%) MATLAB
5 7 (10.77%) SQL
6 6 (9.23%) R
7 2 (3.08%) Haskell
8 1 (1.54%) VB
Qualifications
1 25 (38.46%) Degree
2 22 (33.85%) PhD
Quality Assurance & Compliance
1 6 (9.23%) QA
2 1 (1.54%) Basel III
Vendors
1 1 (1.54%) Algorithmics
1 1 (1.54%) Murex
1 1 (1.54%) Sophis