The first table below looks at the demand 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 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the London region.

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
18 Apr 2014
Same period 2013 Same period 2012
Monte Carlo Method
Rank 375 322 352
Rank change year-on-year
-53 +30
Contract jobs citing Monte Carlo Method 37 67 71
As % of all contract IT jobs located in London 0.15% 0.31% 0.25%
As % of the Processes & Methodologies category 0.20% 0.41% 0.35%
Number of daily rates quoted 34 54 57
Average daily rate £675 £575 £550
Average daily rate % change year-on-year
+17.39% +4.54%
90% offered a daily rate of more than £508 £438 £525
10% offered a daily rate of more than £800 £625 £635
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18535 16423 20573
As % of all contract IT jobs located in London 76.61% 76.02% 73.42%
Number of daily rates quoted 13086 11421 13439
Average daily rate £430 £450 £450
Average daily rate % change year-on-year
-4.44% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £360 £370
% change year-on-year
+4.16% -2.70%
Number of hourly rates quoted 234 222 328
Average hourly rate £24.00 £30.00 £29.50
Average hourly rate % change year-on-year
-20.00% +1.69%
90% offered a hourly rate of more than £13.50 £15.00 £15.00
10% offered a hourly rate of more than £50.00 £135.00 £45.00
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%
Monte Carlo Method
England

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 18 April 2014.

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 18 April 2014. 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 each for more statistics)
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
Find
Job
Vacancies
City of London -12 15 £650 +18.18% 1
Monte Carlo Method
England

Monte Carlo Method
Top 30 Related IT Skills in London

For the 6 months to 18 April 2014, 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 49 (72.06%) C++
2 48 (70.59%) Banking
3 38 (55.88%) Investment Banking
4 32 (47.06%) Windows
5 30 (44.12%) STL
6 28 (41.18%) Front Office
7 23 (33.82%) Derivative
8 21 (30.88%) Credit Risk
9 20 (29.41%) Finance
10 15 (22.06%) XML
10 15 (22.06%) C#
10 15 (22.06%) Market Risk
11 13 (19.12%) Risk Management
12 11 (16.18%) Grid Computing
12 11 (16.18%) Foreign Exchange (FX)
12 11 (16.18%) Analytics
13 9 (13.24%) SQL
13 9 (13.24%) Equities
14 8 (11.76%) Fixed Income
14 8 (11.76%) Java
14 8 (11.76%) Python
14 8 (11.76%) Stress Testing
15 7 (10.29%) Agile Software Development
15 7 (10.29%) VBA
16 6 (8.82%) .NET
16 6 (8.82%) Perl
16 6 (8.82%) SQL Server
16 6 (8.82%) Mathematics
16 6 (8.82%) User Acceptance Testing
17 5 (7.35%) Linux

Monte Carlo Method
Top Related IT Skills in London by Category

For the 6 months to 18 April 2014, 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 (1.47%) Oracle Coherence
Applications
1 4 (5.88%) MS Excel
1 4 (5.88%) MS Office
2 1 (1.47%) Spreadsheet
2 1 (1.47%) S-PLUS
Business Applications
1 1 (1.47%) Summit
Database & Business Intelligence
1 6 (8.82%) SQL Server
2 2 (2.94%) SQL Server 2008
3 1 (1.47%) SQL Server Integration Services
3 1 (1.47%) SQL Server 2005
3 1 (1.47%) Data Warehouse
Development Applications
1 1 (1.47%) Team Foundation Server
1 1 (1.47%) SpecFlow
General
1 48 (70.59%) Banking
2 38 (55.88%) Investment Banking
3 28 (41.18%) Front Office
4 20 (29.41%) Finance
Job Titles
1 48 (70.59%) Developer
2 37 (54.41%) C++ Developer
3 15 (22.06%) Analyst
4 14 (20.59%) Quantitative Developer
5 11 (16.18%) Business Analyst
6 7 (10.29%) C++ Quantitative Developer
7 5 (7.35%) Risk Analyst
8 4 (5.88%) Credit Risk Business Analyst
8 4 (5.88%) Credit Risk Analyst
9 3 (4.41%) IT Business Analyst
9 3 (4.41%) Market Risk Business Analyst
9 3 (4.41%) Quantitative Analyst
9 3 (4.41%) Senior Analyst
9 3 (4.41%) Market Risk Analyst
10 2 (2.94%) Senior Business Analyst
10 2 (2.94%) C# Developer
10 2 (2.94%) Agile Business Analyst
10 2 (2.94%) Banking Business Analyst
11 1 (1.47%) Scala Developer
11 1 (1.47%) C# ASP.NET Developer
Libraries, Frameworks & Software Standards
1 30 (44.12%) STL
2 15 (22.06%) XML
3 6 (8.82%) .NET
4 2 (2.94%) Boost C++ Libraries
4 2 (2.94%) ADO.NET Entity Framework
4 2 (2.94%) WCF
4 2 (2.94%) WPF
4 2 (2.94%) .NET Framework
5 1 (1.47%) Microsoft Enterprise Library
5 1 (1.47%) jQuery
5 1 (1.47%) ASP.NET
5 1 (1.47%) XSLT
5 1 (1.47%) Web Services
Miscellaneous
1 23 (33.82%) Derivative
2 21 (30.88%) Credit Risk
3 15 (22.06%) Market Risk
4 11 (16.18%) Grid Computing
4 11 (16.18%) Foreign Exchange (FX)
5 9 (13.24%) Equities
6 8 (11.76%) Fixed Income
7 6 (8.82%) Mathematics
8 3 (4.41%) CUDA
9 2 (2.94%) Swaptions
9 2 (2.94%) Credit Derivative
9 2 (2.94%) Equity Derivative
9 2 (2.94%) Statistics
10 1 (1.47%) Applied Mathematics
10 1 (1.47%) Physics
10 1 (1.47%) Computer Science
10 1 (1.47%) Wiki
10 1 (1.47%) Energy Derivatives
10 1 (1.47%) Hybrid Derivative
10 1 (1.47%) Interest Rate Derivative
Operating Systems
1 32 (47.06%) Windows
2 5 (7.35%) Linux
3 1 (1.47%) Windows Server 2003
3 1 (1.47%) Windows XP
Processes & Methodologies
1 13 (19.12%) Risk Management
2 11 (16.18%) Analytics
3 8 (11.76%) Stress Testing
4 7 (10.29%) Agile Software Development
5 6 (8.82%) User Acceptance Testing
6 4 (5.88%) Scrum
6 4 (5.88%) OOA/OOD
6 4 (5.88%) Project Management
7 3 (4.41%) Asset Management
7 3 (4.41%) Validation
8 2 (2.94%) Test Management
8 2 (2.94%) Software Engineering
8 2 (2.94%) Statistical Analysis
8 2 (2.94%) User Stories
9 1 (1.47%) Quantitative Risk Management
9 1 (1.47%) Technical Analysis
9 1 (1.47%) Refactoring
9 1 (1.47%) Wealth Management
9 1 (1.47%) Quantitative Analysis
9 1 (1.47%) Use Case
Programming Languages
1 49 (72.06%) C++
2 15 (22.06%) C#
3 9 (13.24%) SQL
4 8 (11.76%) Java
4 8 (11.76%) Python
5 7 (10.29%) VBA
6 6 (8.82%) Perl
7 2 (2.94%) C
7 2 (2.94%) Scala
7 2 (2.94%) R
8 1 (1.47%) PowerShell
8 1 (1.47%) MATLAB
Qualifications
1 5 (7.35%) PhD
2 1 (1.47%) Degree
2 1 (1.47%) MBA
Quality Assurance & Compliance
1 2 (2.94%) Basel II
1 2 (2.94%) Basel III
2 1 (1.47%) Dodd-Frank
2 1 (1.47%) QA
2 1 (1.47%) Solvency II
Systems Management
1 2 (2.94%) HP Quality Center
Vendors
1 2 (2.94%) Sybase
1 2 (2.94%) Microsoft
1 2 (2.94%) DataSynapse
2 1 (1.47%) Murex
2 1 (1.47%) Calypso
2 1 (1.47%) TIBCO
2 1 (1.47%) Oracle
2 1 (1.47%) Sophis
London
Real Staffing
Rate: £600 - £750 per day
Posted: Yesterday
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 4 days ago
London
Kite Consulting Group Limited
Posted: 4 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 8 days ago