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 average contractor rates offered in IT contracts that have cited Monte Carlo Method over the 3 months to 27 March 2015 with a comparison to the same period in 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.

Location
3 months to
27 Mar 2015
Same period 2014 Same period 2013
Monte Carlo Method
Rank 380 374 327
Rank change year-on-year
-6 -47
Contract jobs citing Monte Carlo Method 22 30 53
As % of all contract IT jobs located in London 0.10% 0.13% 0.26%
As % of the Processes & Methodologies category 0.13% 0.17% 0.33%
Number of daily rates quoted 18 27 44
Average daily rate
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£588 £625 £575
Average daily rate % change year-on-year
-6.00% +8.69%
90% offered a daily rate of more than £475 £525 £443
10% offered a daily rate of more than £690 £800 £643
UK excluding London average daily rate - - £350
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
16791 17576 15878
As % of all contract IT jobs located in London 78.53% 78.45% 76.87%
Number of daily rates quoted 11824 12256 11182
Average daily rate £450 £433 £450
Average daily rate % change year-on-year
+4.04% -3.88%
90% offered a daily rate of more than £310 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £396 £375 £363
% change year-on-year
+5.60% +3.44%
Number of hourly rates quoted 231 237 215
Average hourly rate £20.00 £23.50 £28.50
Average hourly rate % change year-on-year
-14.89% -17.54%
90% offered a hourly rate of more than £11.00 £13.50 £14.15
10% offered a hourly rate of more than £55.00 £57.50 £135.00
UK excluding London average hourly rate £31.44 £27.50 £32.00
% change year-on-year
+14.32% -14.06%

Monte Carlo Method
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Monte Carlo Method across the London region as a proportion of the total demand within 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 27 March 2015.

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 average contractor rates quoted in IT jobs citing Monte Carlo Method within the London region over the 3 months to 27 March 2015. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
City of London +11 12 £550 -12.00% 2
Monte Carlo Method
England

Monte Carlo Method
Top 30 Related IT Skills in London

For the 6 months to 27 March 2015, IT contractor jobs across the London region citing Monte Carlo Method 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 Monte Carlo Method.

1 27 (54.00%) Finance
2 25 (50.00%) C++
3 24 (48.00%) Credit Risk
4 20 (40.00%) Risk Management
5 19 (38.00%) Banking
6 17 (34.00%) Market Risk
6 17 (34.00%) Analytics
7 16 (32.00%) Investment Banking
8 15 (30.00%) SQL
9 13 (26.00%) Agile Software Development
9 13 (26.00%) Mathematics
10 11 (22.00%) Physics
10 11 (22.00%) OO
11 10 (20.00%) Python
11 10 (20.00%) Regression Testing
12 9 (18.00%) Front Office
12 9 (18.00%) Computer Science
13 8 (16.00%) C
13 8 (16.00%) C#
13 8 (16.00%) Analytical Skills
14 7 (14.00%) .NET
14 7 (14.00%) Statistics
14 7 (14.00%) Degree
15 6 (12.00%) Test Scripting
15 6 (12.00%) Test Automation
15 6 (12.00%) Scrum
15 6 (12.00%) Grid Computing
15 6 (12.00%) PhD
16 5 (10.00%) MS Excel
16 5 (10.00%) VBA

Monte Carlo Method
Top Related IT Skills in London by Category

For the 6 months to 27 March 2015, IT contractor jobs across the London region citing Monte Carlo Method 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 Monte Carlo Method. Up to 20 skills are shown per category.

Application Platforms
1 2 (4.00%) JBoss
1 2 (4.00%) Oracle Coherence
2 1 (2.00%) WebLogic
Applications
1 5 (10.00%) MS Excel
2 2 (4.00%) MS Office
2 2 (4.00%) Open Workbench
3 1 (2.00%) MS Visio
Business Applications
1 1 (2.00%) Summit
Communications & Networking
1 2 (4.00%) AMQP
2 1 (2.00%) TCP/IP
Database & Business Intelligence
1 2 (4.00%) Hadoop
1 2 (4.00%) NoSQL
1 2 (4.00%) Big Data
1 2 (4.00%) Hazelcast
2 1 (2.00%) Relational Database
2 1 (2.00%) MS Access
Development Applications
1 5 (10.00%) yacc
1 5 (10.00%) ANTLR
2 3 (6.00%) JUnit
3 2 (4.00%) NUnit
3 2 (4.00%) Maven
3 2 (4.00%) Apache Ivy
4 1 (2.00%) CruiseControl
4 1 (2.00%) Subversion
4 1 (2.00%) ClearCase
4 1 (2.00%) Moq
4 1 (2.00%) Mockito
4 1 (2.00%) Team Foundation Server
General
1 27 (54.00%) Finance
2 19 (38.00%) Banking
3 16 (32.00%) Investment Banking
4 9 (18.00%) Front Office
5 2 (4.00%) Games
6 1 (2.00%) Back Office
Job Titles
1 24 (48.00%) Developer
2 17 (34.00%) Analyst
3 13 (26.00%) Quantitative Developer
4 8 (16.00%) C++ Developer
4 8 (16.00%) C++ Quantitative Developer
5 7 (14.00%) Business Analyst
6 6 (12.00%) Project Manager
7 5 (10.00%) Test Analyst
7 5 (10.00%) Quantitative Analyst
8 4 (8.00%) Risk Manager
8 4 (8.00%) Credit Risk Project Manager
8 4 (8.00%) Market Risk Analyst
8 4 (8.00%) Java Developer
9 3 (6.00%) Senior Test Analyst
9 3 (6.00%) Senior Analyst
9 3 (6.00%) Banking Business Analyst
9 3 (6.00%) Credit Risk Analyst
10 2 (4.00%) Lead Java Developer
10 2 (4.00%) Market Risk Business Analyst
10 2 (4.00%) Compiler Developer
Libraries, Frameworks & Software Standards
1 7 (14.00%) .NET
2 3 (6.00%) WPF
3 2 (4.00%) Boost C++ Libraries
3 2 (4.00%) HTML5
3 2 (4.00%) HTML
3 2 (4.00%) J2EE
3 2 (4.00%) COM
3 2 (4.00%) STL
3 2 (4.00%) Web Services
3 2 (4.00%) Spring
4 1 (2.00%) WCF
Miscellaneous
1 24 (48.00%) Credit Risk
2 17 (34.00%) Market Risk
3 13 (26.00%) Mathematics
4 11 (22.00%) Physics
5 9 (18.00%) Computer Science
6 8 (16.00%) Analytical Skills
7 7 (14.00%) Statistics
8 6 (12.00%) Grid Computing
9 5 (10.00%) Derivative
10 4 (8.00%) Foreign Exchange (FX)
10 4 (8.00%) Algorithms
11 3 (6.00%) Fixed Income
11 3 (6.00%) Equity Derivative
12 2 (4.00%) Economics
12 2 (4.00%) Equities
12 2 (4.00%) Data Structures
13 1 (2.00%) Neural Network
13 1 (2.00%) Exotic Derivative
Operating Systems
1 3 (6.00%) Windows
2 2 (4.00%) Linux
2 2 (4.00%) UNIX
Processes & Methodologies
1 20 (40.00%) Risk Management
2 17 (34.00%) Analytics
3 13 (26.00%) Agile Software Development
4 11 (22.00%) OO
5 10 (20.00%) Regression Testing
6 6 (12.00%) Scrum
6 6 (12.00%) Test Scripting
6 6 (12.00%) Test Automation
7 5 (10.00%) Software Architecture
7 5 (10.00%) Business Analysis
7 5 (10.00%) Stress Testing
7 5 (10.00%) Greeks
7 5 (10.00%) Asset Management
7 5 (10.00%) Validation
8 4 (8.00%) Project Management
8 4 (8.00%) Low Latency
8 4 (8.00%) Risk Analytics
9 3 (6.00%) Memory Management
9 3 (6.00%) BDD
9 3 (6.00%) Risk Assessment
Programming Languages
1 25 (50.00%) C++
2 15 (30.00%) SQL
3 10 (20.00%) Python
4 8 (16.00%) C
4 8 (16.00%) C#
5 5 (10.00%) Java
5 5 (10.00%) VBA
6 4 (8.00%) R
6 4 (8.00%) MATLAB
7 3 (6.00%) Perl
8 1 (2.00%) Scala
8 1 (2.00%) VBScript
8 1 (2.00%) VB
Qualifications
1 7 (14.00%) Degree
2 6 (12.00%) PhD
3 2 (4.00%) ISTQB
3 2 (4.00%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 2 (4.00%) Basel III
2 1 (2.00%) CRD IV
System Software
1 2 (4.00%) Platform Symphony
1 2 (4.00%) GridGain
Systems Management
1 2 (4.00%) HP Quality Center
Vendors
1 2 (4.00%) Microsoft
1 2 (4.00%) Murex
1 2 (4.00%) Calypso
1 2 (4.00%) Sophis
1 2 (4.00%) DataSynapse
2 1 (2.00%) Misys
2 1 (2.00%) Oracle
City of London
iKonnect
Rate: £600 - £700 per day + (Depending on Experience)
Posted: 19 hours ago
London
Orgtel
Rate: £65 - £650 per day
Posted: 9 days ago