The first table below looks at the demand 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 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
Stochastic Calculus
Rank 406 384 417
Rank change year-on-year
-22 +33
Contract jobs citing Stochastic Calculus 6 5 6
As % of all contract IT jobs located in London 0.025% 0.023% 0.021%
As % of the Processes & Methodologies category 0.032% 0.030% 0.029%
Number of daily rates quoted 5 5 5
Average daily rate £425 £575 £650
Average daily rate % change year-on-year
-26.08% -11.53%
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%
Stochastic Calculus
England

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
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Stochastic Calculus across the London region over the 3 months to 18 April 2014.

Stochastic Calculus Daily Rate Histogram in London

Stochastic Calculus
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 Stochastic Calculus 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 - 1 £800 - 1
Stochastic Calculus
England

Stochastic Calculus
Top 30 Related IT Skills in London

For the 6 months to 18 April 2014, 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 8 (100.00%) VBA
2 7 (87.50%) C++
2 7 (87.50%) Finance
3 6 (75.00%) Degree
3 6 (75.00%) Analytics
4 5 (62.50%) Statistics
4 5 (62.50%) Quantitative Analysis
4 5 (62.50%) Risk Management
5 4 (50.00%) C#
5 4 (50.00%) Economics
5 4 (50.00%) Econometrics
5 4 (50.00%) Market Risk
5 4 (50.00%) Stress Testing
5 4 (50.00%) Greeks
6 3 (37.50%) Mathematics
6 3 (37.50%) Derivative
6 3 (37.50%) Banking
7 2 (25.00%) Interest Rate Derivative
7 2 (25.00%) PhD
7 2 (25.00%) Investment Banking
8 1 (12.50%) Applied Mathematics
8 1 (12.50%) Credit Risk
8 1 (12.50%) .NET Framework
8 1 (12.50%) Refactoring
8 1 (12.50%) SQL Server 2008
8 1 (12.50%) Basel III
8 1 (12.50%) R
8 1 (12.50%) ADO.NET Entity Framework
8 1 (12.50%) Portfolio Management
8 1 (12.50%) Monte Carlo Method

Stochastic Calculus
Top Related IT Skills in London by Category

For the 6 months to 18 April 2014, 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.

Application Platforms
1 1 (12.50%) SAS
Applications
1 1 (12.50%) MS Excel
Database & Business Intelligence
1 1 (12.50%) SQL Server 2008
1 1 (12.50%) SQL Server
General
1 7 (87.50%) Finance
2 3 (37.50%) Banking
3 2 (25.00%) Investment Banking
4 1 (12.50%) Front Office
Job Titles
1 7 (87.50%) Developer
2 6 (75.00%) Quantitative Developer
3 5 (62.50%) Quantitative Analyst
3 5 (62.50%) Analyst
4 4 (50.00%) Analyst Developer
5 1 (12.50%) Senior Developer
5 1 (12.50%) C++ Developer
5 1 (12.50%) Developer Analyst
5 1 (12.50%) Senior C++ Developer
Libraries, Frameworks & Software Standards
1 1 (12.50%) .NET Framework
1 1 (12.50%) ADO.NET Entity Framework
1 1 (12.50%) jQuery
1 1 (12.50%) .NET
Miscellaneous
1 5 (62.50%) Statistics
2 4 (50.00%) Economics
2 4 (50.00%) Market Risk
3 3 (37.50%) Mathematics
3 3 (37.50%) Derivative
4 2 (25.00%) Interest Rate Derivative
5 1 (12.50%) Applied Mathematics
5 1 (12.50%) Credit Risk
5 1 (12.50%) Client/Server
5 1 (12.50%) Equity Derivative
5 1 (12.50%) Hybrid Derivative
5 1 (12.50%) Credit Derivative
5 1 (12.50%) Fixed Income
Processes & Methodologies
1 6 (75.00%) Analytics
2 5 (62.50%) Quantitative Analysis
2 5 (62.50%) Risk Management
3 4 (50.00%) Econometrics
3 4 (50.00%) Stress Testing
3 4 (50.00%) Greeks
4 1 (12.50%) Refactoring
4 1 (12.50%) Portfolio Management
4 1 (12.50%) Monte Carlo Method
Programming Languages
1 8 (100.00%) VBA
2 7 (87.50%) C++
3 4 (50.00%) C#
4 1 (12.50%) R
4 1 (12.50%) MATLAB
4 1 (12.50%) C
4 1 (12.50%) SQL
4 1 (12.50%) Python
Qualifications
1 6 (75.00%) Degree
2 2 (25.00%) PhD
Quality Assurance & Compliance
1 1 (12.50%) Basel III
Vendors
1 1 (12.50%) Microsoft
1 1 (12.50%) TIBCO