The first table below looks at the demand for Stochastic Modelling 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 Stochastic Modelling over the 3 months to 16 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the England region.

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
16 Apr 2014
Same period 2013 Same period 2012
Stochastic Modeling
Rank 565 525 558
Rank change year-on-year
-40 +33
Contract jobs citing Stochastic Modelling 1 4 5
As % of all contract IT jobs located in England 0.002% 0.009% 0.009%
As % of the Processes & Methodologies category 0.003% 0.012% 0.013%
Number of daily rates quoted 1 3 4
Average daily rate £850 £375 £388
Average daily rate % change year-on-year
+126.66% -3.22%
UK excluding London average daily rate - £375 £370
% change year-on-year
- +1.35%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
38680 32060 38909
As % of all contract IT jobs located in England 73.86% 73.00% 69.92%
Number of daily rates quoted 24376 19605 22634
Average daily rate £405 £413 £415
Average daily rate % change year-on-year
-1.81% -0.60%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £573 £575 £600
UK excluding London average daily rate £375 £361 £370
% change year-on-year
+4.02% -2.56%
Number of hourly rates quoted 1128 1017 1335
Average hourly rate £27.50 £32.00 £27.50
Average hourly rate % change year-on-year
-14.06% +16.36%
90% offered a hourly rate of more than £12.23 £13.55 £13.75
10% offered a hourly rate of more than £50.00 £54.00 £45.00
UK excluding London average hourly rate £30.00 £32.00 £27.00
% change year-on-year
-6.25% +18.51%
Stochastic Modelling
UK

Stochastic Modelling
Jobs Demand Trend in England

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

Stochastic Modelling Jobs Demand Trend in England

Stochastic Modelling
Daily Rate Trend in England

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

Stochastic Modelling Daily Rate Trend in England

Stochastic Modelling
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 Stochastic Modelling within the England region over the 3 months to 16 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
London - 1 £850 -
South West - - - -
Stochastic Modelling
UK

Stochastic Modelling
Top 19 Related IT Skills in England

For the 6 months to 16 April 2014, IT contractor jobs across the England region citing Stochastic Modelling 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 Stochastic Modelling.

1 2 (100.00%) Finance
1 2 (100.00%) Credit Risk
1 2 (100.00%) Statistical Modelling
2 1 (50.00%) Market Risk
2 1 (50.00%) Migration
2 1 (50.00%) Stakeholder Management
2 1 (50.00%) Banking
2 1 (50.00%) Retail
2 1 (50.00%) Investment Banking
2 1 (50.00%) Statistics
2 1 (50.00%) Mathematics
2 1 (50.00%) Physics
2 1 (50.00%) C
2 1 (50.00%) VBA
2 1 (50.00%) Oracle
2 1 (50.00%) PhD
2 1 (50.00%) SAS
2 1 (50.00%) IBM
2 1 (50.00%) Risk Management

Stochastic Modelling
Top Related IT Skills in England by Category

For the 6 months to 16 April 2014, IT contractor jobs across the England region citing Stochastic Modelling 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 Stochastic Modelling. Up to 20 skills are shown per category.

Application Platforms
1 1 (50.00%) SAS
General
1 2 (100.00%) Finance
2 1 (50.00%) Banking
2 1 (50.00%) Retail
2 1 (50.00%) Investment Banking
Job Titles
1 1 (50.00%) Credit Analyst
1 1 (50.00%) Risk Analyst
1 1 (50.00%) Credit Risk Analyst
1 1 (50.00%) Analyst
Miscellaneous
1 2 (100.00%) Credit Risk
2 1 (50.00%) Market Risk
2 1 (50.00%) Statistics
2 1 (50.00%) Mathematics
2 1 (50.00%) Physics
Processes & Methodologies
1 2 (100.00%) Statistical Modelling
2 1 (50.00%) Migration
2 1 (50.00%) Stakeholder Management
2 1 (50.00%) Risk Management
Programming Languages
1 1 (50.00%) C
1 1 (50.00%) VBA
Qualifications
1 1 (50.00%) PhD
Vendors
1 1 (50.00%) Oracle
1 1 (50.00%) IBM