The table below looks at the statistics for Monte Carlo Method skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Monte Carlo Method over the 3 months to 22 January 2017 with a comparison to the same period over 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.

3 months to
22 Jan 2017
Same period 2016 Same period 2015
Monte Carlo Method
England / London
Rank 370 390 402
Rank change year-on-year
+20 +12
Contract jobs citing Monte Carlo Method 38 25 21
As % of all contract IT jobs located in London 0.20% 0.12% 0.100%
As % of the Processes & Methodologies category 0.24% 0.14% 0.12%
Number of daily rates quoted 34 25 20
Median daily rate £615 £575 £575
Median daily rate % change year-on-year
+6.95% -
90% offered a daily rate of more than £538 £331 £426
10% offered a daily rate of more than £825 £1,100 £728
UK excluding London median daily rate £644 - £1,000
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the London region.

Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
16163 17637 17170
As % of all contract IT jobs located in London 84.52% 84.21% 81.41%
Number of daily rates quoted 11680 12514 12406
Median daily rate £488 £475 £450
Median daily rate % change year-on-year
+2.63% +5.55%
90% offered a daily rate of more than £350 £325 £313
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £405 £400 £393
% change year-on-year
+1.25% +1.91%
Number of hourly rates quoted 158 214 192
Median hourly rate £31.50 £24.23 £22.00
Median hourly rate % change year-on-year
+30.00% +10.13%
90% offered a hourly rate of more than £14.50 £12.50 £12.50
10% offered a hourly rate of more than £55.00 £50.99 £52.50
UK excluding London median hourly rate £35.00 £40.00 £26.00
% change year-on-year
-12.50% +53.84%

Monte Carlo Method
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Monte Carlo Method as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Monte Carlo Method Jobs Demand Trend in London

Monte Carlo Method
Daily Rate Trend in London

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

Monte Carlo Method Daily Rate Trend in London

Monte Carlo Method
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Monte Carlo Method across the London region over the 3 months to 22 January 2017.

Monte Carlo Method Daily Rate Histogram in London

Monte Carlo Method
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Monte Carlo Method across the London region.

Monte Carlo Method Hourly Rate Trend in London

Monte Carlo Method
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Monte Carlo Method within the London region over the 3 months to 22 January 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
City of London 0 8 £615 +14.41% 2
Feltham - 1 - - 1
Monte Carlo Method
England

Monte Carlo Method
Top 30 Related IT Skills in London

For the 6 months to 22 January 2017, IT contractor jobs citing Monte Carlo Method also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Monte Carlo Method.

1 32 (66.67%) Finance
2 25 (52.08%) C#
3 21 (43.75%) Banking
4 20 (41.67%) Risk Management
4 20 (41.67%) Market Risk
5 18 (37.50%) SQL
6 14 (29.17%) C++
7 13 (27.08%) Analytics
8 11 (22.92%) Front Office
9 10 (20.83%) .NET
9 10 (20.83%) MS Office
9 10 (20.83%) Agile Software Development
9 10 (20.83%) Algorithms
9 10 (20.83%) Derivative
10 9 (18.75%) Credit Risk
10 9 (18.75%) Subversion
10 9 (18.75%) Credit Derivative
10 9 (18.75%) Java
11 8 (16.67%) SQL Server
11 8 (16.67%) Business Intelligence
11 8 (16.67%) SQL Server Reporting Services
11 8 (16.67%) Power BI
11 8 (16.67%) Quantitative Finance
12 7 (14.58%) Statistics
12 7 (14.58%) Investment Banking
13 6 (12.50%) SQL Server Integration Services
13 6 (12.50%) LaTeX
13 6 (12.50%) Python
13 6 (12.50%) ASP.NET
14 5 (10.42%) OOP

Monte Carlo Method
Top Related IT Skills in London 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 (2.08%) Oracle Coherence
Applications
1 10 (20.83%) MS Office
2 6 (12.50%) LaTeX
3 3 (6.25%) Doxygen
4 2 (4.17%) MS Excel
4 2 (4.17%) MS PowerPoint
Database & Business Intelligence
1 8 (16.67%) Power BI
1 8 (16.67%) SQL Server
1 8 (16.67%) SQL Server Reporting Services
2 6 (12.50%) SQL Server Integration Services
3 3 (6.25%) Hadoop
4 2 (4.17%) SQL Server 2016
Development Applications
1 9 (18.75%) Subversion
2 5 (10.42%) JIRA
General
1 32 (66.67%) Finance
2 21 (43.75%) Banking
3 11 (22.92%) Front Office
4 7 (14.58%) Investment Banking
5 4 (8.33%) Financial Institution
5 4 (8.33%) Retail
6 1 (2.08%) Back Office
Job Titles
1 21 (43.75%) Developer
2 17 (35.42%) Analyst
3 14 (29.17%) Quantitative Developer
4 13 (27.08%) C# Developer
5 11 (22.92%) Qualitative Analyst
5 11 (22.92%) Quantitative Analyst
6 8 (16.67%) Market Risk Developer
7 7 (14.58%) C# Quant Developer
8 6 (12.50%) Credit Analyst
8 6 (12.50%) Risk Analyst
9 5 (10.42%) Business Analyst
9 5 (10.42%) Credit Risk Analyst
9 5 (10.42%) Credit Risk Business Analyst
9 5 (10.42%) Java Developer
9 5 (10.42%) Java Quantitative Developer
9 5 (10.42%) Market Risk Java Developer
9 5 (10.42%) Risk Business Analyst
10 4 (8.33%) C# .NET Developer
10 4 (8.33%) Senior Architect
10 4 (8.33%) Senior C# .NET Developer
Libraries, Frameworks & Software Standards
1 10 (20.83%) .NET
2 6 (12.50%) ASP.NET
3 5 (10.42%) WPF
4 1 (2.08%) WCF
Miscellaneous
1 20 (41.67%) Market Risk
2 10 (20.83%) Algorithms
2 10 (20.83%) Derivative
3 9 (18.75%) Credit Derivative
3 9 (18.75%) Credit Risk
4 7 (14.58%) Statistics
5 5 (10.42%) Computer Science
5 5 (10.42%) CUDA
6 3 (6.25%) Fintech
7 2 (4.17%) Equities
7 2 (4.17%) Fixed Income
7 2 (4.17%) Wiki
8 1 (2.08%) Equity Derivative
8 1 (2.08%) Grid Computing
8 1 (2.08%) Mathematics
8 1 (2.08%) OTC Derivatives
Operating Systems
1 3 (6.25%) Windows
Processes & Methodologies
1 20 (41.67%) Risk Management
2 13 (27.08%) Analytics
3 10 (20.83%) Agile Software Development
4 8 (16.67%) Business Intelligence
4 8 (16.67%) Quantitative Finance
5 5 (10.42%) Change Management
5 5 (10.42%) OO
5 5 (10.42%) OOP
5 5 (10.42%) TDD
6 4 (8.33%) Business Analysis
6 4 (8.33%) Data Architecture
6 4 (8.33%) Risk Analytics
7 3 (6.25%) Migration
7 3 (6.25%) Risk Analysis
7 3 (6.25%) SDLC
7 3 (6.25%) Stakeholder Management
7 3 (6.25%) Statistical Modelling
8 2 (4.17%) Programme Management
8 2 (4.17%) Statistical Analysis
8 2 (4.17%) Stress Testing
Programming Languages
1 25 (52.08%) C#
2 18 (37.50%) SQL
3 14 (29.17%) C++
4 9 (18.75%) Java
5 6 (12.50%) Python
6 5 (10.42%) R
7 2 (4.17%) VBA
8 1 (2.08%) C
8 1 (2.08%) F#
8 1 (2.08%) VB.NET
Qualifications
1 5 (10.42%) PhD
2 3 (6.25%) Degree
3 2 (4.17%) DV Cleared
3 2 (4.17%) SC Cleared
3 2 (4.17%) Security Cleared
Quality Assurance & Compliance
1 2 (4.17%) QA
2 1 (2.08%) Basel III
2 1 (2.08%) CRD IV
Vendors
1 5 (10.42%) Algorithmics
2 4 (8.33%) Microsoft
3 3 (6.25%) Cloudera
4 1 (2.08%) Oracle
4 1 (2.08%) Sophis
Feltham, Middlesex
LA International
Rate: Negotiable
Posted: 5 days ago
West London
Raytheon Systems Ltd
Rate: Daily rate
Posted: 8 days ago