The table below looks at the statistics for the Quantitative Analyst role in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Quantitative Analyst in their job title over the 3 months to 10 February 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.

Location
3 months to
10 Feb 2016
Same period 2015 Same period 2014
Quant Analyst
Rank 567 586 556
Rank change year-on-year
+19 -30
Contract jobs requiring a Quantitative Analyst 29 7 21
As % of all contract IT jobs located in England 0.061% 0.015% 0.046%
As % of the Job Titles category 0.065% 0.016% 0.049%
Number of daily rates quoted 26 5 20
Average daily rate £675 £725 £650
Average daily rate % change year-on-year
-6.89% +11.53%
90% offered a daily rate of more than £550 £601 £425
10% offered a daily rate of more than £775 £755 £675
UK excluding London average daily rate £675 - £425
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
44626 44477 42797
As % of all contract IT jobs located in England 94.57% 94.45% 94.37%
Number of daily rates quoted 29076 28059 25830
Average daily rate £420 £400 £400
Average daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £263 £245 £225
10% offered a daily rate of more than £588 £575 £575
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 1591 1795 1920
Average hourly rate £17.50 £17.00 £17.50
Average hourly rate % change year-on-year
+2.94% -2.85%
90% offered a hourly rate of more than £11.00 £11.00 £11.38
10% offered a hourly rate of more than £49.00 £40.00 £40.00
UK excluding London average hourly rate £17.50 £16.50 £16.50
% change year-on-year
+6.06% -

Quantitative Analyst
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Quantitative Analyst in the job title across the England region as a proportion of the total demand within the Job Titles category.

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 10 February 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 average contractor rates quoted in IT jobs citing Quantitative Analyst within the England region over the 3 months to 10 February 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 +27 27 £688 -5.17% 5
North West - 2 £675 -
Quantitative Analyst
UK

Quantitative Analyst
Top 30 Related IT Skills in England

For the 6 months to 10 February 2016, IT contractor jobs across the England region that cited Quantitative Analyst in their job title 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 with Quantitative Analyst in their job title.

1 52 (75.36%) Finance
2 44 (63.77%) C++
3 36 (52.17%) Mathematics
4 28 (40.58%) PhD
5 27 (39.13%) Banking
6 26 (37.68%) C#
7 24 (34.78%) Physics
8 23 (33.33%) Investment Banking
9 22 (31.88%) Python
10 21 (30.43%) Degree
11 19 (27.54%) Derivative
12 18 (26.09%) Validation
13 16 (23.19%) Statistics
13 16 (23.19%) Market Risk
14 11 (15.94%) Risk Management
14 11 (15.94%) VBA
15 10 (14.49%) Analytical Skills
16 9 (13.04%) Analytics
17 8 (11.59%) Front Office
17 8 (11.59%) Credit Risk
17 8 (11.59%) QA
18 7 (10.14%) XML
18 7 (10.14%) OO
19 6 (8.70%) Fixed Income
19 6 (8.70%) Equity Derivative
19 6 (8.70%) Stress Testing
19 6 (8.70%) Statistical Modelling
19 6 (8.70%) R
20 5 (7.25%) Monte Carlo Method
20 5 (7.25%) Equities

Quantitative Analyst
Top Related IT Skills in England by Category

For the 6 months to 10 February 2016, IT contractor jobs across the England region that cited Quantitative Analyst in their job title 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 with Quantitative Analyst in their job title. Up to 20 skills are shown per category.

Application Platforms
1 2 (2.90%) IIS
1 2 (2.90%) SAS
Applications
1 2 (2.90%) Spreadsheet
2 1 (1.45%) MS Excel
Cloud Services
1 1 (1.45%) Cloud Computing
Communications & Networking
1 1 (1.45%) HTTP
Database & Business Intelligence
1 2 (2.90%) SQL Server
1 2 (2.90%) SQL Server Integration Services
2 1 (1.45%) Apache Hive
2 1 (1.45%) Big Data
2 1 (1.45%) Hadoop
Development Applications
1 4 (5.80%) HP UFT
1 4 (5.80%) Selenium
2 2 (2.90%) Visual Studio
General
1 52 (75.36%) Finance
2 27 (39.13%) Banking
3 23 (33.33%) Investment Banking
4 8 (11.59%) Front Office
5 5 (7.25%) Retail
6 3 (4.35%) Financial Institution
7 2 (2.90%) Retail Banking
Libraries, Frameworks & Software Standards
1 7 (10.14%) XML
2 5 (7.25%) .NET
3 4 (5.80%) MSMQ
4 2 (2.90%) Web Services
4 2 (2.90%) WPF
5 1 (1.45%) XSLT
Miscellaneous
1 36 (52.17%) Mathematics
2 24 (34.78%) Physics
3 19 (27.54%) Derivative
4 16 (23.19%) Market Risk
4 16 (23.19%) Statistics
5 10 (14.49%) Analytical Skills
6 8 (11.59%) Credit Risk
7 6 (8.70%) Equity Derivative
7 6 (8.70%) Fixed Income
8 5 (7.25%) Equities
8 5 (7.25%) Foreign Exchange (FX)
9 3 (4.35%) Algorithms
10 2 (2.90%) Credit Derivative
10 2 (2.90%) Swaptions
11 1 (1.45%) Computer Science
11 1 (1.45%) Economics
11 1 (1.45%) Management Information System
Processes & Methodologies
1 18 (26.09%) Validation
2 11 (15.94%) Risk Management
3 9 (13.04%) Analytics
4 7 (10.14%) OO
5 6 (8.70%) Statistical Modelling
5 6 (8.70%) Stress Testing
6 5 (7.25%) Business Analysis
6 5 (7.25%) Monte Carlo Method
7 4 (5.80%) Test Automation
8 3 (4.35%) Stochastic Calculus
9 2 (2.90%) Asset Management
9 2 (2.90%) CRM
9 2 (2.90%) Econometrics
9 2 (2.90%) Numerical Analysis
9 2 (2.90%) Probability Theory
9 2 (2.90%) Quantitative Analysis
10 1 (1.45%) Business Intelligence
10 1 (1.45%) Risk Assessment
10 1 (1.45%) Stakeholder Management
10 1 (1.45%) Time Series Analysis
Programming Languages
1 44 (63.77%) C++
2 26 (37.68%) C#
3 22 (31.88%) Python
4 11 (15.94%) VBA
5 6 (8.70%) R
6 5 (7.25%) MATLAB
6 5 (7.25%) SQL
7 2 (2.90%) C
8 1 (1.45%) Ada
8 1 (1.45%) Java
Qualifications
1 28 (40.58%) PhD
2 21 (30.43%) Degree
3 2 (2.90%) CFA
Quality Assurance & Compliance
1 8 (11.59%) QA
Vendors
1 5 (7.25%) Algorithmics
2 3 (4.35%) Murex
3 1 (1.45%) Sophis