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 29 July 2016 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
29 Jul 2016
Same period 2015 Same period 2014
Quant Analyst
Rank 393 412 411
Rank change year-on-year
+19 -1
Contract jobs requiring a Quantitative Analyst 41 21 20
As % of all contract IT jobs located in London 0.19% 0.089% 0.085%
As % of the Job Titles category 0.19% 0.094% 0.089%
Number of daily rates quoted 26 15 20
Median daily rate £650 £600 £700
Median daily rate % change year-on-year
+8.33% -14.28%
90% offered a daily rate of more than £484 £399 £495
10% offered a daily rate of more than £775 £740 £778
UK excluding London median daily rate £465 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Quantitative Analyst
England

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
21038 22323 22486
As % of all contract IT jobs located in London 95.03% 94.76% 95.13%
Number of daily rates quoted 15053 15655 15400
Median daily rate £450 £440 £425
Median daily rate % change year-on-year
+2.27% +3.52%
90% offered a daily rate of more than £300 £270 £263
10% offered a daily rate of more than £625 £613 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 226 367 417
Median hourly rate £17.50 £18.00 £17.50
Median hourly rate % change year-on-year
-2.77% +2.85%
90% offered a hourly rate of more than £11.00 £11.82 £11.00
10% offered a hourly rate of more than £51.15 £52.17 £41.90
UK excluding London median hourly rate £16.50 £16.16 £16.25
% change year-on-year
+2.10% -0.55%

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 29 July 2016.

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 29 July 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 +40 2 £618 +17.61% 3
Quantitative Analyst
England

Quantitative Analyst Skill Set
Top 30 Related IT Skills in London

For the 6 months to 29 July 2016, 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 40 (54.05%) Finance
2 30 (40.54%) Degree
3 28 (37.84%) C#
4 27 (36.49%) C++
5 25 (33.78%) Validation
6 22 (29.73%) Quantitative Finance
7 21 (28.38%) Mathematics
7 21 (28.38%) Front Office
8 20 (27.03%) Python
9 18 (24.32%) Retail
10 17 (22.97%) Stress Testing
11 16 (21.62%) Risk Management
11 16 (21.62%) PhD
12 15 (20.27%) Physics
13 12 (16.22%) Fixed Income
14 11 (14.86%) Banking
14 11 (14.86%) Derivative
15 10 (13.51%) Statistics
15 10 (13.51%) Statistical Modelling
15 10 (13.51%) Foreign Exchange (FX)
15 10 (13.51%) VBA
16 9 (12.16%) Monte Carlo Method
17 8 (10.81%) Market Risk
17 8 (10.81%) Analytics
17 8 (10.81%) Time Series Analysis
17 8 (10.81%) Econometric Modelling
17 8 (10.81%) Investment Banking
17 8 (10.81%) Grid Computing
18 7 (9.46%) MATLAB
18 7 (9.46%) Performance Optimisation

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 5 (6.76%) SAS
2 2 (2.70%) IIS
Applications
1 3 (4.05%) LaTeX
1 3 (4.05%) MS Office
2 2 (2.70%) MS Excel
3 1 (1.35%) Spreadsheet
Cloud Services
1 1 (1.35%) Cloud Computing
Communications & Networking
1 1 (1.35%) HTTP
Database & Business Intelligence
1 3 (4.05%) SQL Server
2 2 (2.70%) SQL Server Integration Services
Development Applications
1 3 (4.05%) Visual Studio
2 2 (2.70%) HP UFT
2 2 (2.70%) Selenium
3 1 (1.35%) TeamCity
General
1 40 (54.05%) Finance
2 21 (28.38%) Front Office
3 18 (24.32%) Retail
4 11 (14.86%) Banking
5 8 (10.81%) Investment Banking
6 2 (2.70%) Financial Institution
7 1 (1.35%) Back Office
7 1 (1.35%) Marketing
Libraries, Frameworks & Software Standards
1 2 (2.70%) .NET
1 2 (2.70%) MSMQ
1 2 (2.70%) Web Services
1 2 (2.70%) WPF
2 1 (1.35%) XSLT
Miscellaneous
1 21 (28.38%) Mathematics
2 15 (20.27%) Physics
3 12 (16.22%) Fixed Income
4 11 (14.86%) Derivative
5 10 (13.51%) Foreign Exchange (FX)
5 10 (13.51%) Statistics
6 8 (10.81%) Grid Computing
6 8 (10.81%) Market Risk
7 7 (9.46%) Analytical Skills
7 7 (9.46%) Credit Risk
8 6 (8.11%) Equities
9 4 (5.41%) Credit Derivative
10 3 (4.05%) Economics
11 2 (2.70%) Algorithms
12 1 (1.35%) Computer Science
12 1 (1.35%) Equity Risk
12 1 (1.35%) Hedge funds
12 1 (1.35%) Interest Rate Derivative
12 1 (1.35%) Swaptions
Operating Systems
1 1 (1.35%) Linux
1 1 (1.35%) Windows
Processes & Methodologies
1 25 (33.78%) Validation
2 22 (29.73%) Quantitative Finance
3 17 (22.97%) Stress Testing
4 16 (21.62%) Risk Management
5 10 (13.51%) Statistical Modelling
6 9 (12.16%) Monte Carlo Method
7 8 (10.81%) Analytics
7 8 (10.81%) Econometric Modelling
7 8 (10.81%) Time Series Analysis
8 7 (9.46%) Performance Optimisation
9 5 (6.76%) Greeks
10 4 (5.41%) Credit Risk Modelling
10 4 (5.41%) Econometrics
11 3 (4.05%) Numerical Analysis
11 3 (4.05%) Quantitative Risk Management
11 3 (4.05%) Risk Analytics
11 3 (4.05%) Wealth Management
12 2 (2.70%) Asset Management
12 2 (2.70%) Quantitative Analysis
12 2 (2.70%) Test Automation
Programming Languages
1 28 (37.84%) C#
2 27 (36.49%) C++
3 20 (27.03%) Python
4 10 (13.51%) VBA
5 7 (9.46%) MATLAB
5 7 (9.46%) R
6 5 (6.76%) SQL
7 2 (2.70%) Ada
7 2 (2.70%) Haskell
8 1 (1.35%) VB
Qualifications
1 30 (40.54%) Degree
2 16 (21.62%) PhD
Quality Assurance & Compliance
1 2 (2.70%) QA
2 1 (1.35%) Basel III
London
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