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 27 August 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
27 Aug 2016
Same period 2015 Same period 2014
Monte Carlo Method
Rank 421 422 427
Rank change year-on-year
+1 +5
Contract jobs citing Monte Carlo Method 16 24 10
As % of all contract IT jobs located in London 0.070% 0.10% 0.041%
As % of the Processes & Methodologies category 0.082% 0.12% 0.051%
Number of daily rates quoted 11 20 8
Median daily rate £610 £625 £613
Median daily rate % change year-on-year
-2.40% +2.04%
90% offered a daily rate of more than £538 £515 £570
10% offered a daily rate of more than £650 £802 £673
UK excluding London median daily rate £481 £450 £500
% change year-on-year
+6.94% -10.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
19477 19478 19794
As % of all contract IT jobs located in London 85.78% 82.37% 81.48%
Number of daily rates quoted 13973 13893 13777
Median daily rate £475 £450 £450
Median daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 170 217 237
Median hourly rate £23.50 £22.50 £21.50
Median hourly rate % change year-on-year
+4.44% +4.65%
90% offered a hourly rate of more than £12.50 £13.17 £13.46
10% offered a hourly rate of more than £55.00 £60.00 £45.00
UK excluding London median hourly rate £30.00 £33.00 £26.00
% change year-on-year
-9.09% +26.92%

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 27 August 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 27 August 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 +34 4 £544 -1.13%
Romford - 1 - -
Monte Carlo Method
England

Monte Carlo Method
Top 30 Related IT Skills in London

For the 6 months to 27 August 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 25 (69.44%) Finance
2 21 (58.33%) C#
3 19 (52.78%) Risk Management
4 15 (41.67%) Agile Software Development
5 14 (38.89%) C++
5 14 (38.89%) SQL
6 12 (33.33%) Foreign Exchange (FX)
6 12 (33.33%) Derivative
7 11 (30.56%) Business Analysis
7 11 (30.56%) Analytical Skills
7 11 (30.56%) Quantitative Finance
8 10 (27.78%) SDLC
8 10 (27.78%) Market Risk
8 10 (27.78%) Fixed Income
9 9 (25.00%) Front Office
9 9 (25.00%) Java
9 9 (25.00%) Python
9 9 (25.00%) Banking
9 9 (25.00%) Grid Computing
9 9 (25.00%) Credit Risk
9 9 (25.00%) QA
10 8 (22.22%) Degree
10 8 (22.22%) Performance Optimisation
10 8 (22.22%) VBA
11 7 (19.44%) Credit Derivative
11 7 (19.44%) Data Analysis
11 7 (19.44%) Mathematics
11 7 (19.44%) Risk Analytics
11 7 (19.44%) Analytics
12 6 (16.67%) .NET

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 (2.78%) Oracle Coherence
Applications
1 1 (2.78%) MS Excel
1 1 (2.78%) MS Office
Database & Business Intelligence
1 4 (11.11%) Power BI
1 4 (11.11%) SQL Server
1 4 (11.11%) SQL Server Integration Services
1 4 (11.11%) SQL Server Reporting Services
General
1 25 (69.44%) Finance
2 9 (25.00%) Banking
2 9 (25.00%) Front Office
3 4 (11.11%) Investment Banking
4 1 (2.78%) Marketing
Job Titles
1 19 (52.78%) Analyst
2 16 (44.44%) Risk Analyst
3 10 (27.78%) Business Analyst
3 10 (27.78%) Risk Business Analyst
4 9 (25.00%) Qualitative Analyst
4 9 (25.00%) Quantitative Analyst
5 7 (19.44%) Credit Analyst
5 7 (19.44%) Credit Risk Analyst
5 7 (19.44%) Credit Risk Business Analyst
5 7 (19.44%) Developer
6 6 (16.67%) Quantitative Risk Analyst
7 3 (8.33%) C# Developer
7 3 (8.33%) Market Risk Analyst
7 3 (8.33%) Market Risk Business Analyst
8 2 (5.56%) C# .NET Developer
8 2 (5.56%) Project Manager
8 2 (5.56%) Risk Manager
8 2 (5.56%) Senior .NET Developer
8 2 (5.56%) Senior C# .NET Developer
8 2 (5.56%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 6 (16.67%) .NET
2 4 (11.11%) ASP.NET
3 3 (8.33%) WPF
4 1 (2.78%) Boost C++ Libraries
4 1 (2.78%) COM
4 1 (2.78%) STL
Miscellaneous
1 12 (33.33%) Derivative
1 12 (33.33%) Foreign Exchange (FX)
2 11 (30.56%) Analytical Skills
3 10 (27.78%) Fixed Income
3 10 (27.78%) Market Risk
4 9 (25.00%) Credit Risk
4 9 (25.00%) Grid Computing
5 7 (19.44%) Credit Derivative
5 7 (19.44%) Mathematics
6 5 (13.89%) Economics
7 3 (8.33%) Data Structures
7 3 (8.33%) Statistics
8 2 (5.56%) Equities
Operating Systems
1 1 (2.78%) Windows
Processes & Methodologies
1 19 (52.78%) Risk Management
2 15 (41.67%) Agile Software Development
3 11 (30.56%) Business Analysis
3 11 (30.56%) Quantitative Finance
4 10 (27.78%) SDLC
5 8 (22.22%) Performance Optimisation
6 7 (19.44%) Analytics
6 7 (19.44%) Data Analysis
6 7 (19.44%) Risk Analytics
7 4 (11.11%) Business Intelligence
8 3 (8.33%) Numerical Analysis
8 3 (8.33%) UML
8 3 (8.33%) Waterfall
9 2 (5.56%) Risk Assessment
9 2 (5.56%) Validation
10 1 (2.78%) Econometrics
10 1 (2.78%) OO
10 1 (2.78%) Operations Research
10 1 (2.78%) Unit Testing
10 1 (2.78%) Use Case
Programming Languages
1 21 (58.33%) C#
2 14 (38.89%) C++
2 14 (38.89%) SQL
3 9 (25.00%) Java
3 9 (25.00%) Python
4 8 (22.22%) VBA
5 1 (2.78%) Haskell
5 1 (2.78%) MATLAB
5 1 (2.78%) Scala
5 1 (2.78%) VB
5 1 (2.78%) VC++
Qualifications
1 8 (22.22%) Degree
2 5 (13.89%) PhD
3 2 (5.56%) CFA
Quality Assurance & Compliance
1 9 (25.00%) QA
Vendors
1 1 (2.78%) Microsoft
1 1 (2.78%) Oracle
London
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