The table below looks at the statistics for Stochastic Modelling skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 21 February 2017 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
21 Feb 2017
Same period 2016 Same period 2015
Stochastic Modelling
England / London
Rank 402 - -
Rank change year-on-year
- 0
Contract jobs citing Stochastic Modelling 5 0 0
As % of all contract IT jobs located in London 0.026% - -
As % of the Processes & Methodologies category 0.031% - -
Number of daily rates quoted 5 0 0
Median daily rate £825 - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
16371 17920 17326
As % of all contract IT jobs located in London 84.72% 84.94% 82.10%
Number of daily rates quoted 11854 12787 12360
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £340 £325 £305
10% offered a daily rate of more than £638 £625 £600
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 159 219 198
Median hourly rate £33.00 £22.50 £21.50
Median hourly rate % change year-on-year
+46.66% +4.65%
90% offered a hourly rate of more than £14.04 £12.50 £11.00
10% offered a hourly rate of more than £55.00 £53.00 £51.50
UK excluding London median hourly rate £35.75 £40.00 £27.50
% change year-on-year
-10.62% +45.45%

Stochastic Modelling
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Stochastic Modelling as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Stochastic Modelling Jobs Demand Trend in London

Stochastic Modelling
Daily Rate Trend in London

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

Stochastic Modelling Daily Rate Trend in London

Stochastic Modelling
Top 27 Related IT Skills in London

For the 6 months to 21 February 2017, IT contractor jobs citing Stochastic Modelling 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 Stochastic Modelling.

1 15 (100.00%) C#
1 15 (100.00%) C++
1 15 (100.00%) Finance
1 15 (100.00%) Derivative
1 15 (100.00%) Mathematics
1 15 (100.00%) Physics
1 15 (100.00%) Market Risk
1 15 (100.00%) Quantitative Finance
2 13 (86.67%) PnL Attribution
3 7 (46.67%) Java
3 7 (46.67%) OOP
3 7 (46.67%) OO
3 7 (46.67%) Validation
3 7 (46.67%) QA
3 7 (46.67%) Subversion
3 7 (46.67%) Statistical Analysis
4 6 (40.00%) Front Office
5 5 (33.33%) Risk Management
5 5 (33.33%) Continuous Integration
6 2 (13.33%) Analytics
6 2 (13.33%) Foreign Exchange (FX)
7 1 (6.67%) Fixed Income
7 1 (6.67%) CRM
7 1 (6.67%) PhD
7 1 (6.67%) Banking
7 1 (6.67%) Risk Analytics
7 1 (6.67%) Credit Risk

Stochastic Modelling
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:

Development Applications
1 7 (46.67%) Subversion
General
1 15 (100.00%) Finance
2 6 (40.00%) Front Office
3 1 (6.67%) Banking
Job Titles
1 8 (53.33%) Analyst
1 8 (53.33%) Developer
1 8 (53.33%) Qualitative Analyst
1 8 (53.33%) Quantitative Analyst
1 8 (53.33%) Quantitative Developer
1 8 (53.33%) Quantitative Risk Analyst
1 8 (53.33%) Risk Analyst
2 7 (46.67%) Market Risk Analyst
2 7 (46.67%) Statistical Analyst
3 6 (40.00%) C# Developer
3 6 (40.00%) C# Quant Developer
4 5 (33.33%) C++ Developer
4 5 (33.33%) C++ Quantitative Developer
4 5 (33.33%) C++/C# Developer
4 5 (33.33%) Market Risk C++ Developer
4 5 (33.33%) Market Risk Developer
5 4 (26.67%) C# Developer - Commodities
6 2 (13.33%) C++/Java Developer
6 2 (13.33%) Java Quantitative Developer
6 2 (13.33%) Market Risk Java Developer
Miscellaneous
1 15 (100.00%) Derivative
1 15 (100.00%) Market Risk
2 2 (13.33%) Foreign Exchange (FX)
3 1 (6.67%) Credit Risk
3 1 (6.67%) Fixed Income
Processes & Methodologies
1 15 (100.00%) Mathematics
1 15 (100.00%) Physics
1 15 (100.00%) Quantitative Finance
2 13 (86.67%) PnL Attribution
3 7 (46.67%) OO
3 7 (46.67%) OOP
3 7 (46.67%) Statistical Analysis
3 7 (46.67%) Validation
4 5 (33.33%) Continuous Integration
4 5 (33.33%) Risk Management
5 2 (13.33%) Analytics
6 1 (6.67%) CRM
6 1 (6.67%) Risk Analytics
Programming Languages
1 15 (100.00%) C#
1 15 (100.00%) C++
2 7 (46.67%) Java
Qualifications
1 1 (6.67%) PhD
Quality Assurance & Compliance
1 7 (46.67%) QA