The table below looks at the statistics for Stochastic Calculus 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 Stochastic Calculus over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Stochastic Calculus
Rank 410 404 406
Rank change year-on-year
-6 +2
Contract jobs citing Stochastic Calculus 1 1 1
As % of all contract IT jobs located in London 0.005% 0.005% 0.005%
As % of the Processes & Methodologies category 0.006% 0.006% 0.006%
Number of daily rates quoted 1 1 0
Average daily rate £688 £725 -
Average daily rate % change year-on-year
-5.17% -
UK excluding London average daily rate - £1,000 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Stochastic Calculus
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
17610 16725 17372
As % of all contract IT jobs located in London 83.27% 80.29% 80.41%
Number of daily rates quoted 12571 11968 11925
Average daily rate £475 £450 £438
Average daily rate % change year-on-year
+5.55% +2.85%
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 222 195 238
Average hourly rate £22.50 £21.50 £23.67
Average hourly rate % change year-on-year
+4.65% -9.16%
90% offered a hourly rate of more than £12.50 £12.50 £14.30
10% offered a hourly rate of more than £53.00 £49.00 £77.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Stochastic Calculus
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Stochastic Calculus across the London region as a proportion of the total demand within the Processes & Methodologies category.

Stochastic Calculus Jobs Demand Trend in London

Stochastic Calculus
Daily Rate Trend in London

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

Stochastic Calculus Daily Rate Trend in London

Stochastic Calculus
Top 20 Related IT Skills in London

For the 6 months to 5 February 2016, IT contractor jobs across the London region citing Stochastic Calculus 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 Stochastic Calculus.

1 7 (87.50%) PhD
1 7 (87.50%) C++
1 7 (87.50%) Finance
1 7 (87.50%) Mathematics
1 7 (87.50%) Physics
1 7 (87.50%) Derivative
1 7 (87.50%) Statistics
2 6 (75.00%) Monte Carlo Method
2 6 (75.00%) Numerical Analysis
2 6 (75.00%) Degree
2 6 (75.00%) VBA
3 4 (50.00%) Analytics
3 4 (50.00%) Probability Theory
3 4 (50.00%) Market Risk
4 3 (37.50%) Banking
4 3 (37.50%) Risk Management
4 3 (37.50%) Investment Banking
5 1 (12.50%) Front Office
5 1 (12.50%) Python
5 1 (12.50%) Fixed Income

Stochastic Calculus
Top Related IT Skills in London by Category

For the 6 months to 5 February 2016, IT contractor jobs across the London region citing Stochastic Calculus 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 Stochastic Calculus. Up to 20 skills are shown per category.

General
1 7 (87.50%) Finance
2 3 (37.50%) Banking
2 3 (37.50%) Investment Banking
3 1 (12.50%) Front Office
Job Titles
1 4 (50.00%) Analyst
1 4 (50.00%) Developer
2 3 (37.50%) Quantitative Analyst
3 2 (25.00%) C++ Developer
3 2 (25.00%) Financial Analyst
3 2 (25.00%) Quantitative Developer
3 2 (25.00%) Risk Analyst
4 1 (12.50%) Banking Analyst
4 1 (12.50%) C++ Quantitative Developer
4 1 (12.50%) Investment Banking C++ Developer
4 1 (12.50%) Quantitative Risk Analyst
4 1 (12.50%) VBA Developer
4 1 (12.50%) VBA Quantitative Developer
Miscellaneous
1 7 (87.50%) Derivative
1 7 (87.50%) Mathematics
1 7 (87.50%) Physics
1 7 (87.50%) Statistics
2 4 (50.00%) Market Risk
3 1 (12.50%) Fixed Income
Processes & Methodologies
1 6 (75.00%) Monte Carlo Method
1 6 (75.00%) Numerical Analysis
2 4 (50.00%) Analytics
2 4 (50.00%) Probability Theory
3 3 (37.50%) Risk Management
Programming Languages
1 7 (87.50%) C++
2 6 (75.00%) VBA
3 1 (12.50%) Python
Qualifications
1 7 (87.50%) PhD
2 6 (75.00%) Degree
London
Quant Capital
Rate: £40,000 - £50,000 per year
Posted: 6 days ago
London
Huxley
Rate: £650 - £725 per day + competitive
Posted: 25 days ago