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 31 August 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
31 Aug 2015
Same period 2014 Same period 2013
Monte Carlo Method
Rank 393 412 380
Rank change year-on-year
+19 -32
Contract jobs citing Monte Carlo Method 26 10 46
As % of all contract IT jobs located in London 0.11% 0.042% 0.18%
As % of the Processes & Methodologies category 0.14% 0.053% 0.23%
Number of daily rates quoted 22 8 32
Average daily rate
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£625 £613 £550
Average daily rate % change year-on-year
+2.04% +11.36%
90% offered a daily rate of more than £550 £570 £444
10% offered a daily rate of more than £798 £673 £600
UK excluding London average daily rate £450 £500 -
% change year-on-year
-10.00% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £41.25 - -
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
19178 18942 19608
As % of all contract IT jobs located in London 79.67% 79.00% 78.40%
Number of daily rates quoted 13701 13153 13715
Average daily rate £450 £450 £450
90% offered a daily rate of more than £315 £303 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 207 216 236
Average hourly rate £22.00 £21.25 £22.50
Average hourly rate % change year-on-year
+3.52% -5.55%
90% offered a hourly rate of more than £13.00 £13.50 £14.02
10% offered a hourly rate of more than £52.50 £45.00 £52.50
UK excluding London average hourly rate £32.50 £25.00 £30.25
% change year-on-year
+30.00% -17.35%

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 31 August 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 31 August 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 -5 3 £550 -15.38% 1
Monte Carlo Method
England

Monte Carlo Method
Top 30 Related IT Skills in London

For the 6 months to 31 August 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 24 (63.16%) C++
1 24 (63.16%) Finance
2 20 (52.63%) Credit Risk
3 19 (50.00%) Mathematics
4 15 (39.47%) Front Office
5 14 (36.84%) Banking
5 14 (36.84%) Derivative
6 12 (31.58%) Python
7 11 (28.95%) Investment Banking
7 11 (28.95%) TDD
7 11 (28.95%) Physics
7 11 (28.95%) Analytical Skills
8 10 (26.32%) Multithreading
9 9 (23.68%) Data Structures
9 9 (23.68%) Algorithms
9 9 (23.68%) Computer Science
9 9 (23.68%) Unit Testing
9 9 (23.68%) Agile Software Development
9 9 (23.68%) C#
10 8 (21.05%) OO
10 8 (21.05%) Java
11 7 (18.42%) Fixed Income
12 6 (15.79%) Risk Management
13 5 (13.16%) Foreign Exchange (FX)
13 5 (13.16%) C
13 5 (13.16%) Windows
14 4 (10.53%) Configuration Management
14 4 (10.53%) PhD
14 4 (10.53%) Subversion
14 4 (10.53%) Continuous Integration

Monte Carlo Method
Top Related IT Skills in London by Category

For the 6 months to 31 August 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 1 (2.63%) Oracle Coherence
Applications
1 2 (5.26%) MS Excel
1 2 (5.26%) MS PowerPoint
Business Applications
1 1 (2.63%) Adaptiv
Cloud Services
1 1 (2.63%) Amazon AWS
1 1 (2.63%) SaaS
Database & Business Intelligence
1 1 (2.63%) MS Access
1 1 (2.63%) Data Warehouse
1 1 (2.63%) SQL Server Integration Services
1 1 (2.63%) Apache Cassandra
1 1 (2.63%) NoSQL
Development Applications
1 4 (10.53%) Subversion
General
1 24 (63.16%) Finance
2 15 (39.47%) Front Office
3 14 (36.84%) Banking
4 11 (28.95%) Investment Banking
5 3 (7.89%) Financial Institution
6 1 (2.63%) Legal
Job Titles
1 26 (68.42%) Developer
2 17 (44.74%) Quantitative Developer
3 9 (23.68%) Analyst
4 6 (15.79%) Business Analyst
5 5 (13.16%) Python Developer
6 3 (7.89%) Risk Analyst
6 3 (7.89%) Credit Analyst
6 3 (7.89%) Quantitative Analyst
6 3 (7.89%) Credit Risk Business Analyst
6 3 (7.89%) Java Developer
6 3 (7.89%) Credit Risk Analyst
6 3 (7.89%) Credit Risk Developer
7 2 (5.26%) C++ Quantitative Developer
7 2 (5.26%) Investment Banking Business Analyst
7 2 (5.26%) C++ Developer
7 2 (5.26%) C# Developer
7 2 (5.26%) Senior Developer
7 2 (5.26%) Lead Developer
7 2 (5.26%) Banking Business Analyst
8 1 (2.63%) Developer Analyst
Libraries, Frameworks & Software Standards
1 4 (10.53%) WPF
1 4 (10.53%) SciPy
1 4 (10.53%) NumPy
1 4 (10.53%) Pandas
2 2 (5.26%) Spring
2 2 (5.26%) .NET
3 1 (2.63%) ASP.NET
3 1 (2.63%) COM
3 1 (2.63%) STL
3 1 (2.63%) Web Services
3 1 (2.63%) .NET Framework
3 1 (2.63%) Microsoft Enterprise Library
3 1 (2.63%) Boost C++ Libraries
3 1 (2.63%) Entity Framework
3 1 (2.63%) Java Concurrency
3 1 (2.63%) Akka
Miscellaneous
1 20 (52.63%) Credit Risk
2 19 (50.00%) Mathematics
3 14 (36.84%) Derivative
4 11 (28.95%) Physics
4 11 (28.95%) Analytical Skills
5 9 (23.68%) Data Structures
5 9 (23.68%) Algorithms
5 9 (23.68%) Computer Science
6 7 (18.42%) Fixed Income
7 5 (13.16%) Foreign Exchange (FX)
8 3 (7.89%) Statistics
9 2 (5.26%) Market Risk
9 2 (5.26%) Credit Derivative
9 2 (5.26%) Grid Computing
10 1 (2.63%) Equities
10 1 (2.63%) Equity Derivative
10 1 (2.63%) CUDA
Operating Systems
1 5 (13.16%) Windows
2 2 (5.26%) Linux
3 1 (2.63%) UNIX
Processes & Methodologies
1 11 (28.95%) TDD
2 10 (26.32%) Multithreading
3 9 (23.68%) Unit Testing
3 9 (23.68%) Agile Software Development
4 8 (21.05%) OO
5 6 (15.79%) Risk Management
6 4 (10.53%) Configuration Management
6 4 (10.53%) Continuous Integration
6 4 (10.53%) Analytics
6 4 (10.53%) Low Latency
6 4 (10.53%) DevOps
6 4 (10.53%) Functional Programming
7 2 (5.26%) SDLC
7 2 (5.26%) Business Analysis
7 2 (5.26%) User Acceptance Testing
7 2 (5.26%) Validation
8 1 (2.63%) Asset Management
8 1 (2.63%) Change Management
8 1 (2.63%) GAP Analysis
8 1 (2.63%) RAD
Programming Languages
1 24 (63.16%) C++
2 12 (31.58%) Python
3 9 (23.68%) C#
4 8 (21.05%) Java
5 5 (13.16%) C
6 3 (7.89%) MATLAB
7 2 (5.26%) Perl
7 2 (5.26%) SQL
7 2 (5.26%) VBA
8 1 (2.63%) Haskell
8 1 (2.63%) Scala
8 1 (2.63%) Clojure
8 1 (2.63%) R
Qualifications
1 4 (10.53%) PhD
2 3 (7.89%) Degree
Quality Assurance & Compliance
1 2 (5.26%) Basel III
2 1 (2.63%) CRD IV
Vendors
1 2 (5.26%) Oracle
1 2 (5.26%) Microsoft
2 1 (2.63%) IBM
London
Orgtel
Rate: £800 - £830 per day + competitive
Posted: 21 days ago
London
Orgtel
Rate: £800 - £830 per day + competitive
Posted: 22 days ago