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 24 February 2017 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
24 Feb 2017
Same period 2016 Same period 2015
Quant Analyst
UK / England
Rank 553 579 593
Rank change year-on-year
+26 +14
Contract jobs requiring a Quantitative Analyst 26 33 6
As % of all contract IT jobs located in England 0.062% 0.069% 0.013%
As % of the Job Titles category 0.066% 0.073% 0.013%
Number of daily rates quoted 17 30 4
Median daily rate £725 £675 £683
Median daily rate % change year-on-year
+7.40% -1.09%
90% offered a daily rate of more than £580 £550 £378
10% offered a daily rate of more than £825 £700 £760
UK excluding London median daily rate - £675 -
Number of hourly rates quoted 1 0 0
Median hourly rate £56.00 - -
UK excluding London median hourly rate - - -

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
39661 45341 45243
As % of all contract IT jobs located in England 94.70% 95.08% 94.80%
Number of daily rates quoted 26048 29636 28290
Median daily rate £425 £422 £400
Median daily rate % change year-on-year
+0.83% +5.37%
90% offered a daily rate of more than £260 £260 £245
10% offered a daily rate of more than £600 £588 £575
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 1399 1520 1797
Median hourly rate £19.00 £17.50 £17.50
Median hourly rate % change year-on-year
+8.57% -
90% offered a hourly rate of more than £11.32 £11.00 £11.00
10% offered a hourly rate of more than £47.00 £49.50 £40.00
UK excluding London median hourly rate £17.50 £18.00 £17.00
% change year-on-year
-2.77% +5.88%

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 24 February 2017.

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 24 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 +18 26 £725 +7.40% 8
Quantitative Analyst
UK

Quantitative Analyst Skill Set
Top 30 Related IT Skills in England

For the 6 months to 24 February 2017, 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 34 (65.38%) Mathematics
1 34 (65.38%) Finance
2 33 (63.46%) C++
3 23 (44.23%) C#
4 20 (38.46%) Quantitative Finance
5 18 (34.62%) PhD
6 17 (32.69%) Derivative
7 16 (30.77%) Market Risk
7 16 (30.77%) Analytics
7 16 (30.77%) Risk Management
7 16 (30.77%) Front Office
8 15 (28.85%) Monte Carlo Method
9 14 (26.92%) R
9 14 (26.92%) SQL
9 14 (26.92%) Python
10 13 (25.00%) Validation
10 13 (25.00%) PnL Attribution
11 11 (21.15%) Banking
12 10 (19.23%) Java
13 9 (17.31%) Credit Risk
13 9 (17.31%) Statistics
13 9 (17.31%) Credit Derivative
14 8 (15.38%) Physics
14 8 (15.38%) QA
14 8 (15.38%) Stochastic Modelling
14 8 (15.38%) Algorithms
15 7 (13.46%) Statistical Analysis
16 6 (11.54%) MATLAB
16 6 (11.54%) Degree
16 6 (11.54%) Computer Science

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 1 (1.92%) SAS
Applications
1 6 (11.54%) LaTeX
2 3 (5.77%) Doxygen
3 2 (3.85%) MS Excel
Database & Business Intelligence
1 3 (5.77%) KDB
2 1 (1.92%) Big Data
2 1 (1.92%) Data Mart
2 1 (1.92%) MS Access
2 1 (1.92%) SQL Server
Development Applications
1 5 (9.62%) JIRA
2 4 (7.69%) Subversion
3 3 (5.77%) Git (software)
General
1 34 (65.38%) Finance
2 16 (30.77%) Front Office
3 11 (21.15%) Banking
4 5 (9.62%) Financial Institution
4 5 (9.62%) Investment Banking
5 3 (5.77%) Back Office
6 2 (3.85%) Retail
7 1 (1.92%) Games
7 1 (1.92%) Marketing
Libraries, Frameworks & Software Standards
1 3 (5.77%) AngularJS
2 2 (3.85%) XML
3 1 (1.92%) COM
3 1 (1.92%) FpML
3 1 (1.92%) XSLT
Miscellaneous
1 17 (32.69%) Derivative
2 16 (30.77%) Market Risk
3 9 (17.31%) Credit Derivative
3 9 (17.31%) Credit Risk
4 8 (15.38%) Algorithms
5 6 (11.54%) Computer Science
6 4 (7.69%) Analytical Skills
6 4 (7.69%) CUDA
7 3 (5.77%) Fintech
8 2 (3.85%) Equities
8 2 (3.85%) Fixed Income
8 2 (3.85%) Foreign Exchange (FX)
8 2 (3.85%) OTC Derivatives
8 2 (3.85%) Wiki
Operating Systems
1 4 (7.69%) Linux
2 1 (1.92%) Windows
Processes & Methodologies
1 34 (65.38%) Mathematics
2 20 (38.46%) Quantitative Finance
3 16 (30.77%) Analytics
3 16 (30.77%) Risk Management
4 15 (28.85%) Monte Carlo Method
5 13 (25.00%) PnL Attribution
5 13 (25.00%) Validation
6 9 (17.31%) Statistics
7 8 (15.38%) Physics
7 8 (15.38%) Stochastic Modelling
8 7 (13.46%) Statistical Analysis
9 5 (9.62%) TDD
10 4 (7.69%) Change Management
10 4 (7.69%) Continuous Integration
10 4 (7.69%) Risk Analytics
11 3 (5.77%) Data Analytics
11 3 (5.77%) Migration
11 3 (5.77%) Statistical Modelling
11 3 (5.77%) Stress Testing
12 2 (3.85%) Electronic Trading
Programming Languages
1 33 (63.46%) C++
2 23 (44.23%) C#
3 14 (26.92%) Python
3 14 (26.92%) R
3 14 (26.92%) SQL
4 10 (19.23%) Java
5 6 (11.54%) MATLAB
6 3 (5.77%) C
6 3 (5.77%) JavaScript
6 3 (5.77%) Shell Script
6 3 (5.77%) VBA
7 1 (1.92%) Scala
7 1 (1.92%) VC++
Qualifications
1 18 (34.62%) PhD
2 6 (11.54%) Degree
Quality Assurance & Compliance
1 8 (15.38%) QA
2 3 (5.77%) IFRS
2 3 (5.77%) IFRS 9
3 2 (3.85%) IAS 39
4 1 (1.92%) Basel II
Vendors
1 3 (5.77%) Splunk
2 2 (3.85%) Oracle
3 1 (1.92%) Microsoft
3 1 (1.92%) Teradata