The first table below looks at the demand for Black-Scholes skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Black-Scholes over the 3 months to 18 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 London 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
18 Apr 2014
Same period 2013 Same period 2012
Black-Scholes
Rank - 388 415
Contract jobs citing Black-Scholes 0 1 8
As % of all contract IT jobs located in London - 0.005% 0.029%
As % of the Processes & Methodologies category - 0.006% 0.039%
Number of daily rates quoted 0 1 8
Average daily rate - £551 £625
Average daily rate % change year-on-year
- -11.92%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18535 16423 20573
As % of all contract IT jobs located in London 76.61% 76.02% 73.42%
Number of daily rates quoted 13086 11421 13439
Average daily rate £430 £450 £450
Average daily rate % change year-on-year
-4.44% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 234 222 328
Average hourly rate £24.00 £30.00 £29.50
Average hourly rate % change year-on-year
-20.00% +1.69%
90% offered a hourly rate of more than £13.50 £15.00 £15.00
10% offered a hourly rate of more than £50.00 £135.00 £45.00
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%
Black-Scholes
England

Black-Scholes
Jobs Demand Trend in London

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

Black-Scholes Jobs Demand Trend in London

Black-Scholes
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Black-Scholes across the London region.

Black-Scholes Daily Rate Trend in London

Black-Scholes
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Black-Scholes within the London region over the 3 months to 18 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
City of London - - - -
Black-Scholes
England

Black-Scholes
Top 9 Related IT Skills in London

For the 6 months to 18 April 2014, IT contractor jobs across the London region citing Black-Scholes 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 Black-Scholes.

1 1 (100.00%) SQL
1 1 (100.00%) VBA
1 1 (100.00%) Front Office
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) Derivative
1 1 (100.00%) Market Risk
1 1 (100.00%) Monte Carlo Method
1 1 (100.00%) Spreadsheet

Black-Scholes
Top Related IT Skills in London by Category

For the 6 months to 18 April 2014, IT contractor jobs across the London region citing Black-Scholes 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 Black-Scholes. Up to 20 skills are shown per category.

Applications
1 1 (100.00%) Spreadsheet
General
1 1 (100.00%) Front Office
1 1 (100.00%) Finance
1 1 (100.00%) Banking
Job Titles
1 1 (100.00%) Business Analyst
1 1 (100.00%) Analyst
1 1 (100.00%) Banking Business Analyst
Miscellaneous
1 1 (100.00%) Derivative
1 1 (100.00%) Market Risk
Processes & Methodologies
1 1 (100.00%) Monte Carlo Method
Programming Languages
1 1 (100.00%) SQL
1 1 (100.00%) VBA