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 3 December 2016 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
3 Dec 2016
Same period 2015 Same period 2014
Monte Carlo Method
Rank 411 391 404
Rank change year-on-year
-20 +13
Contract jobs citing Monte Carlo Method 25 33 22
As % of all contract IT jobs located in London 0.12% 0.15% 0.091%
As % of the Processes & Methodologies category 0.14% 0.17% 0.11%
Number of daily rates quoted 25 29 17
Median daily rate £613 £575 £590
Median daily rate % change year-on-year
+6.52% -2.54%
90% offered a daily rate of more than £535 £330 £485
10% offered a daily rate of more than £825 £755 £695
UK excluding London median daily rate £313 - £425
Number of hourly rates quoted 0 1 1
Median hourly rate - £20.00 £10.50
Median hourly rate % change year-on-year
- +90.47%
UK excluding London median hourly rate - - -
Monte Carlo Method
England

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
18121 18873 19441
As % of all contract IT jobs located in London 84.86% 83.49% 80.83%
Number of daily rates quoted 13026 13477 14336
Median daily rate £476 £463 £450
Median daily rate % change year-on-year
+2.81% +2.77%
90% offered a daily rate of more than £338 £325 £300
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 195 233 252
Median hourly rate £27.50 £22.50 £22.50
Median hourly rate % change year-on-year
+22.22% -
90% offered a hourly rate of more than £13.50 £12.50 £11.50
10% offered a hourly rate of more than £50.00 £50.00 £53.50
UK excluding London median hourly rate £31.00 £34.95 £25.00
% change year-on-year
-11.30% +39.80%

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 3 December 2016.

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 3 December 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
(Click see detailed
statistics and trends)
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 -6 3 £538 -6.52%
Monte Carlo Method
England

Monte Carlo Method
Top 30 Related IT Skills in London

For the 6 months to 3 December 2016, 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 28 (68.29%) C#
2 27 (65.85%) Finance
3 17 (41.46%) Risk Management
3 17 (41.46%) SQL
4 15 (36.59%) Market Risk
5 11 (26.83%) Agile Software Development
5 11 (26.83%) Banking
5 11 (26.83%) C++
5 11 (26.83%) Quantitative Finance
6 10 (24.39%) Analytics
6 10 (24.39%) .NET
6 10 (24.39%) Credit Derivative
6 10 (24.39%) Derivative
7 9 (21.95%) Java
7 9 (21.95%) Credit Risk
8 8 (19.51%) Power BI
8 8 (19.51%) SQL Server
8 8 (19.51%) Business Intelligence
8 8 (19.51%) SQL Server Reporting Services
9 7 (17.07%) Python
9 7 (17.07%) MS Office
9 7 (17.07%) Front Office
9 7 (17.07%) Fixed Income
9 7 (17.07%) Grid Computing
10 6 (14.63%) SQL Server Integration Services
10 6 (14.63%) LaTeX
10 6 (14.63%) Algorithms
10 6 (14.63%) Foreign Exchange (FX)
10 6 (14.63%) ASP.NET
10 6 (14.63%) PhD

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 (2.44%) Oracle Coherence
Applications
1 7 (17.07%) MS Office
2 6 (14.63%) LaTeX
3 3 (7.32%) Doxygen
Database & Business Intelligence
1 8 (19.51%) Power BI
1 8 (19.51%) SQL Server
1 8 (19.51%) SQL Server Reporting Services
2 6 (14.63%) SQL Server Integration Services
3 3 (7.32%) Hadoop
4 2 (4.88%) SQL Server 2016
Development Applications
1 5 (12.20%) Subversion
2 2 (4.88%) JIRA
General
1 27 (65.85%) Finance
2 11 (26.83%) Banking
3 7 (17.07%) Front Office
4 4 (9.76%) Investment Banking
4 4 (9.76%) Retail
5 1 (2.44%) Back Office
5 1 (2.44%) Financial Institution
Job Titles
1 20 (48.78%) Analyst
2 17 (41.46%) Developer
3 14 (34.15%) Qualitative Analyst
3 14 (34.15%) Quantitative Analyst
4 12 (29.27%) C# Developer
5 10 (24.39%) Quantitative Developer
5 10 (24.39%) Risk Analyst
6 7 (17.07%) Market Risk Developer
7 6 (14.63%) Business Analyst
7 6 (14.63%) C# Quant Developer
7 6 (14.63%) Credit Analyst
7 6 (14.63%) Risk Business Analyst
8 5 (12.20%) Credit Risk Analyst
8 5 (12.20%) Credit Risk Business Analyst
9 4 (9.76%) Java Developer
9 4 (9.76%) Quantitative Risk Analyst
9 4 (9.76%) Senior .NET Developer
9 4 (9.76%) Senior C# .NET Developer
9 4 (9.76%) Senior C# Developer
9 4 (9.76%) Senior Developer
Libraries, Frameworks & Software Standards
1 10 (24.39%) .NET
2 6 (14.63%) ASP.NET
3 5 (12.20%) WPF
4 1 (2.44%) WCF
Miscellaneous
1 15 (36.59%) Market Risk
2 10 (24.39%) Credit Derivative
2 10 (24.39%) Derivative
3 9 (21.95%) Credit Risk
4 7 (17.07%) Fixed Income
4 7 (17.07%) Grid Computing
5 6 (14.63%) Algorithms
5 6 (14.63%) Foreign Exchange (FX)
5 6 (14.63%) Statistics
6 5 (12.20%) Computer Science
7 3 (7.32%) Fintech
8 2 (4.88%) Analytical Skills
8 2 (4.88%) Mathematics
8 2 (4.88%) Wiki
9 1 (2.44%) CUDA
9 1 (2.44%) Data Structures
9 1 (2.44%) Economics
9 1 (2.44%) Equities
9 1 (2.44%) Equity Derivative
Operating Systems
1 3 (7.32%) Windows
Processes & Methodologies
1 17 (41.46%) Risk Management
2 11 (26.83%) Agile Software Development
2 11 (26.83%) Quantitative Finance
3 10 (24.39%) Analytics
4 8 (19.51%) Business Intelligence
5 5 (12.20%) Business Analysis
5 5 (12.20%) Performance Optimisation
5 5 (12.20%) Risk Analytics
5 5 (12.20%) SDLC
6 4 (9.76%) OO
6 4 (9.76%) OOP
7 3 (7.32%) Data Analysis
7 3 (7.32%) Migration
7 3 (7.32%) Stakeholder Management
7 3 (7.32%) Statistical Modelling
8 2 (4.88%) Black-Scholes
8 2 (4.88%) Greeks
8 2 (4.88%) TDD
9 1 (2.44%) Dependency Injection
9 1 (2.44%) Waterfall
Programming Languages
1 28 (68.29%) C#
2 17 (41.46%) SQL
3 11 (26.83%) C++
4 9 (21.95%) Java
5 7 (17.07%) Python
6 3 (7.32%) R
7 2 (4.88%) VBA
8 1 (2.44%) F#
8 1 (2.44%) VB.NET
Qualifications
1 6 (14.63%) PhD
2 2 (4.88%) Degree
Quality Assurance & Compliance
1 3 (7.32%) QA
Vendors
1 4 (9.76%) Algorithmics
2 3 (7.32%) Cloudera
3 2 (4.88%) Microsoft
4 1 (2.44%) Oracle
4 1 (2.44%) Sophis