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 25 February 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
25 Feb 2017
Same period 2016 Same period 2015
Monte Carlo Method
England / London
Rank 364 396 383
Rank change year-on-year
+32 -13
Contract jobs citing Monte Carlo Method 33 23 29
As % of all contract IT jobs located in London 0.17% 0.11% 0.14%
As % of the Processes & Methodologies category 0.20% 0.13% 0.17%
Number of daily rates quoted 25 23 26
Median daily rate £725 £1,100 £538
Median daily rate % change year-on-year
-34.09% +104.65%
90% offered a daily rate of more than £550 £505 £440
10% offered a daily rate of more than £740 £1,100 £695
UK excluding London median daily rate £663 - -
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
16220 18227 17535
As % of all contract IT jobs located in London 84.93% 84.99% 82.22%
Number of daily rates quoted 11750 13050 12485
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £340 £325 £308
10% offered a daily rate of more than £638 £625 £600
UK excluding London median daily rate £408 £400 £400
% change year-on-year
+1.87% -
Number of hourly rates quoted 154 218 207
Median hourly rate £33.00 £22.50 £21.50
Median hourly rate % change year-on-year
+46.66% +4.65%
90% offered a hourly rate of more than £14.45 £12.50 £11.00
10% offered a hourly rate of more than £70.00 £53.00 £54.55
UK excluding London median hourly rate £36.00 £40.00 £27.79
% change year-on-year
-10.00% +43.93%

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 25 February 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 25 February 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 +15 7 £615 +11.81% 3
Feltham - 2 - -
Monte Carlo Method
England

Monte Carlo Method
Top 30 Related IT Skills in London

For the 6 months to 25 February 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 37 (66.07%) Finance
2 29 (51.79%) Risk Management
3 22 (39.29%) C#
3 22 (39.29%) Mathematics
4 20 (35.71%) C++
5 19 (33.93%) Banking
6 17 (30.36%) SQL
6 17 (30.36%) Market Risk
7 15 (26.79%) Algorithms
7 15 (26.79%) Front Office
8 14 (25.00%) Analytics
9 13 (23.21%) Subversion
9 13 (23.21%) MS Office
10 12 (21.43%) Quantitative Finance
11 11 (19.64%) Credit Derivative
11 11 (19.64%) Credit Risk
11 11 (19.64%) Derivative
12 10 (17.86%) CUDA
13 9 (16.07%) TDD
13 9 (16.07%) JIRA
13 9 (16.07%) Java
13 9 (16.07%) Microsoft
14 7 (12.50%) MS Excel
14 7 (12.50%) Risk Analysis
14 7 (12.50%) Statistics
14 7 (12.50%) Investment Banking
15 6 (10.71%) LaTeX
15 6 (10.71%) Degree
15 6 (10.71%) MS PowerPoint
15 6 (10.71%) SC Cleared

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:

Applications
1 13 (23.21%) MS Office
2 7 (12.50%) MS Excel
3 6 (10.71%) LaTeX
3 6 (10.71%) MS PowerPoint
4 3 (5.36%) Doxygen
Database & Business Intelligence
1 4 (7.14%) Power BI
1 4 (7.14%) SQL Server
1 4 (7.14%) SQL Server Reporting Services
2 3 (5.36%) Hadoop
3 2 (3.57%) SQL Server 2016
3 2 (3.57%) SQL Server Integration Services
4 1 (1.79%) Big Data
Development Applications
1 13 (23.21%) Subversion
2 9 (16.07%) JIRA
General
1 37 (66.07%) Finance
2 19 (33.93%) Banking
3 15 (26.79%) Front Office
4 7 (12.50%) Investment Banking
5 5 (8.93%) Financial Institution
5 5 (8.93%) Retail
6 1 (1.79%) Back Office
6 1 (1.79%) Marketing
Job Titles
1 25 (44.64%) Developer
2 22 (39.29%) Analyst
3 21 (37.50%) Quantitative Developer
4 15 (26.79%) Qualitative Analyst
4 15 (26.79%) Quantitative Analyst
5 11 (19.64%) C# Developer
6 7 (12.50%) C# Quant Developer
6 7 (12.50%) Market Risk Developer
6 7 (12.50%) Risk Analyst
7 6 (10.71%) Analyst Developer
7 6 (10.71%) Credit Analyst
7 6 (10.71%) Quantitative Analyst Developer
7 6 (10.71%) Risk Manager
8 5 (8.93%) Business Analyst
8 5 (8.93%) Credit Risk Analyst
8 5 (8.93%) Credit Risk Business Analyst
8 5 (8.93%) Developer Analyst
8 5 (8.93%) Java Developer
8 5 (8.93%) Java Quantitative Developer
8 5 (8.93%) Market Risk Java Developer
Libraries, Frameworks & Software Standards
1 5 (8.93%) .NET
2 2 (3.57%) ASP.NET
2 2 (3.57%) WPF
3 1 (1.79%) COM
3 1 (1.79%) WCF
3 1 (1.79%) XML
3 1 (1.79%) XSLT
Miscellaneous
1 17 (30.36%) Market Risk
2 15 (26.79%) Algorithms
3 11 (19.64%) Credit Derivative
3 11 (19.64%) Credit Risk
3 11 (19.64%) Derivative
4 10 (17.86%) CUDA
5 6 (10.71%) Computer Science
6 3 (5.36%) Fintech
7 2 (3.57%) Equities
7 2 (3.57%) Fixed Income
7 2 (3.57%) Wiki
8 1 (1.79%) Analytical Skills
8 1 (1.79%) Equity Derivative
8 1 (1.79%) Grid Computing
8 1 (1.79%) OTC Derivatives
Operating Systems
1 2 (3.57%) Windows
Processes & Methodologies
1 29 (51.79%) Risk Management
2 22 (39.29%) Mathematics
3 14 (25.00%) Analytics
4 12 (21.43%) Quantitative Finance
5 9 (16.07%) TDD
6 7 (12.50%) Risk Analysis
6 7 (12.50%) Statistics
7 6 (10.71%) Agile Software Development
7 6 (10.71%) Change Management
8 5 (8.93%) Business Intelligence
8 5 (8.93%) Mathematical Modelling
8 5 (8.93%) OO
8 5 (8.93%) OOP
8 5 (8.93%) Programme Management
8 5 (8.93%) Statistical Analysis
8 5 (8.93%) Time Management
9 4 (7.14%) Business Analysis
9 4 (7.14%) Cyber Intelligence
9 4 (7.14%) Data Architecture
9 4 (7.14%) Risk Analytics
Programming Languages
1 22 (39.29%) C#
2 20 (35.71%) C++
3 17 (30.36%) SQL
4 9 (16.07%) Java
5 6 (10.71%) Python
6 5 (8.93%) R
7 4 (7.14%) C
7 4 (7.14%) VBA
8 1 (1.79%) F#
8 1 (1.79%) MATLAB
8 1 (1.79%) VB.NET
8 1 (1.79%) VC++
Qualifications
1 6 (10.71%) Degree
1 6 (10.71%) DV Cleared
1 6 (10.71%) PhD
1 6 (10.71%) SC Cleared
1 6 (10.71%) Security Cleared
Quality Assurance & Compliance
1 2 (3.57%) QA
2 1 (1.79%) Basel III
2 1 (1.79%) CRD IV
Vendors
1 9 (16.07%) Microsoft
2 5 (8.93%) Algorithmics
3 3 (5.36%) Cloudera
4 1 (1.79%) Oracle
4 1 (1.79%) Sophis
London
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