The statistics below represent IT contracts advertised across the London region that had Quantitative Analyst featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 20 January 2017 with a comparison to same period over 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
20 Jan 2017
Same period 2016 Same period 2015
Quant Analyst
England / London
Rank 378 395 407
Rank change year-on-year
+17 +12
Contract jobs requiring a Quantitative Analyst 31 25 10
As % of all contract IT jobs located in London 0.16% 0.12% 0.047%
As % of the Job Titles category 0.17% 0.13% 0.050%
Number of daily rates quoted 26 23 9
Median daily rate £725 £675 £725
Median daily rate % change year-on-year
+7.40% -6.89%
90% offered a daily rate of more than £563 £515 £505
10% offered a daily rate of more than £838 £830 £850
UK excluding London median daily rate - £675 £625
% change year-on-year
- +8.00%
Number of hourly rates quoted 1 0 0
Median hourly rate £56.00 - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
London
Contract IT job ads with a match in the
Job Titles category
18459 19969 20051
As % of all contract IT jobs located in London 94.94% 95.10% 94.73%
Number of daily rates quoted 13205 14056 14273
Median daily rate £475 £450 £445
Median daily rate % change year-on-year
+5.55% +1.12%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £630 £625 £600
UK excluding London median daily rate £390 £375 £375
% change year-on-year
+4.00% -
Number of hourly rates quoted 239 312 347
Median hourly rate £21.75 £17.50 £17.50
Median hourly rate % change year-on-year
+24.28% -
90% offered a hourly rate of more than £12.00 £10.00 £12.50
10% offered a hourly rate of more than £50.00 £45.00 £37.00
UK excluding London median hourly rate £17.50 £17.50 £16.00
% change year-on-year
- +9.37%

Quantitative Analyst
Jobs Demand Trend in London

The demand trend of IT contracts across the London region that featured Quantitative Analyst in the job title.

Quantitative Analyst Jobs Demand Trend in London

Quantitative Analyst
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Analyst across the London region.

Quantitative Analyst Daily Rate Trend in London

Quantitative Analyst
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analyst across the London region over the 3 months to 20 January 2017.

Quantitative Analyst Daily Rate Histogram in London

Quantitative Analyst
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Quantitative Analyst across the London region.

Quantitative Analyst Hourly Rate Trend in London

Quantitative Analyst
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 Quantitative Analyst within the London region over the 3 months to 20 January 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 -4 1 £575 -16.36% 7
Quantitative Analyst
England

Quantitative Analyst Skill Set
Top 30 Related IT Skills in London

For the 6 months to 20 January 2017, Quantitative Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring Quantitative Analyst in the job title.

1 33 (62.26%) Finance
2 31 (58.49%) C++
3 22 (41.51%) C#
4 21 (39.62%) Market Risk
5 19 (35.85%) Derivative
5 19 (35.85%) Quantitative Finance
6 17 (32.08%) Front Office
7 16 (30.19%) PhD
8 15 (28.30%) Mathematics
9 14 (26.42%) Python
10 13 (24.53%) Validation
10 13 (24.53%) PnL Attribution
11 12 (22.64%) SQL
11 12 (22.64%) Risk Management
11 12 (22.64%) Analytics
12 11 (20.75%) R
12 11 (20.75%) Monte Carlo Method
12 11 (20.75%) Banking
13 9 (16.98%) Java
14 8 (15.09%) Credit Derivative
14 8 (15.09%) Physics
14 8 (15.09%) Statistics
14 8 (15.09%) Stochastic Modelling
15 7 (13.21%) QA
15 7 (13.21%) Credit Risk
15 7 (13.21%) Statistical Analysis
16 6 (11.32%) Degree
16 6 (11.32%) LaTeX
17 5 (9.43%) Algorithms
17 5 (9.43%) Investment Banking

Quantitative Analyst Skill Set
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 (1.89%) SAS
Applications
1 6 (11.32%) LaTeX
2 3 (5.66%) Doxygen
3 1 (1.89%) MS Excel
Database & Business Intelligence
1 2 (3.77%) KDB
2 1 (1.89%) MS Access
Development Applications
1 2 (3.77%) Git (software)
1 2 (3.77%) JIRA
2 1 (1.89%) Subversion
General
1 33 (62.26%) Finance
2 17 (32.08%) Front Office
3 11 (20.75%) Banking
4 5 (9.43%) Investment Banking
5 4 (7.55%) Financial Institution
6 3 (5.66%) Back Office
6 3 (5.66%) Retail
7 1 (1.89%) French Language
Libraries, Frameworks & Software Standards
1 2 (3.77%) AngularJS
1 2 (3.77%) FpML
2 1 (1.89%) XML
Miscellaneous
1 21 (39.62%) Market Risk
2 19 (35.85%) Derivative
3 15 (28.30%) Mathematics
4 8 (15.09%) Credit Derivative
4 8 (15.09%) Physics
4 8 (15.09%) Statistics
5 7 (13.21%) Credit Risk
6 5 (9.43%) Algorithms
7 4 (7.55%) Computer Science
8 3 (5.66%) Fintech
9 2 (3.77%) Equities
9 2 (3.77%) Fixed Income
9 2 (3.77%) Foreign Exchange (FX)
9 2 (3.77%) OTC Derivatives
9 2 (3.77%) Wiki
10 1 (1.89%) Analytical Skills
10 1 (1.89%) CUDA
Operating Systems
1 3 (5.66%) Linux
2 1 (1.89%) Windows
Processes & Methodologies
1 19 (35.85%) Quantitative Finance
2 13 (24.53%) PnL Attribution
2 13 (24.53%) Validation
3 12 (22.64%) Analytics
3 12 (22.64%) Risk Management
4 11 (20.75%) Monte Carlo Method
5 8 (15.09%) Stochastic Modelling
6 7 (13.21%) Statistical Analysis
7 4 (7.55%) Change Management
7 4 (7.55%) Continuous Integration
7 4 (7.55%) Risk Analytics
7 4 (7.55%) Stochastic Calculus
8 3 (5.66%) Business Analysis
8 3 (5.66%) Migration
8 3 (5.66%) Stress Testing
9 2 (3.77%) Electronic Trading
9 2 (3.77%) Market Making
9 2 (3.77%) OO
9 2 (3.77%) OOP
9 2 (3.77%) TDD
Programming Languages
1 31 (58.49%) C++
2 22 (41.51%) C#
3 14 (26.42%) Python
4 12 (22.64%) SQL
5 11 (20.75%) R
6 9 (16.98%) Java
7 4 (7.55%) MATLAB
8 2 (3.77%) C
8 2 (3.77%) JavaScript
8 2 (3.77%) Shell Script
8 2 (3.77%) VBA
9 1 (1.89%) Ada
Qualifications
1 16 (30.19%) PhD
2 6 (11.32%) Degree
Quality Assurance & Compliance
1 7 (13.21%) QA
2 1 (1.89%) Basel II
Vendors
1 2 (3.77%) Splunk
2 1 (1.89%) Oracle