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 10 December 2016 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
10 Dec 2016
Same period 2015 Same period 2014
Stochastic Modelling
Rank 408 - -
Rank change year-on-year
- 0
Contract jobs citing Stochastic Modelling 12 0 0
As % of all contract IT jobs located in London 0.056% - -
As % of the Processes & Methodologies category 0.066% - -
Number of daily rates quoted 12 0 0
Median daily rate £850 - -
UK excluding London median daily rate £700 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Stochastic Modelling
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
18217 18803 18933
As % of all contract IT jobs located in London 84.83% 83.68% 80.62%
Number of daily rates quoted 13132 13421 13967
Median daily rate £485 £463 £450
Median daily rate % change year-on-year
+4.86% +2.77%
90% offered a daily rate of more than £340 £325 £300
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 196 227 247
Median hourly rate £25.00 £22.00 £22.38
Median hourly rate % change year-on-year
+13.63% -1.67%
90% offered a hourly rate of more than £13.00 £12.50 £11.50
10% offered a hourly rate of more than £50.00 £50.00 £53.50
UK excluding London median hourly rate £30.00 £34.00 £25.00
% change year-on-year
-11.76% +36.00%

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
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 Stochastic Modelling within the London region over the 3 months to 10 December 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 - 1 £850 -
Stochastic Modelling
England

Stochastic Modelling
Top 26 Related IT Skills in London

For the 6 months to 10 December 2016, 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 13 (100.00%) C#
1 13 (100.00%) C++
1 13 (100.00%) Finance
1 13 (100.00%) Derivative
1 13 (100.00%) Mathematics
1 13 (100.00%) Physics
1 13 (100.00%) Market Risk
1 13 (100.00%) Quantitative Finance
2 7 (53.85%) Java
2 7 (53.85%) OOP
2 7 (53.85%) OO
2 7 (53.85%) Subversion
3 6 (46.15%) Front Office
4 5 (38.46%) Risk Management
4 5 (38.46%) Validation
4 5 (38.46%) QA
4 5 (38.46%) Continuous Integration
4 5 (38.46%) Statistical Analysis
5 2 (15.38%) Analytics
5 2 (15.38%) Foreign Exchange (FX)
6 1 (7.69%) Fixed Income
6 1 (7.69%) CRM
6 1 (7.69%) PhD
6 1 (7.69%) Banking
6 1 (7.69%) Credit Risk
6 1 (7.69%) Risk Analytics

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 (53.85%) Subversion
General
1 13 (100.00%) Finance
2 6 (46.15%) Front Office
3 1 (7.69%) Banking
Job Titles
1 8 (61.54%) Developer
1 8 (61.54%) Quantitative Developer
2 6 (46.15%) Analyst
2 6 (46.15%) C# Developer
2 6 (46.15%) C# Quant Developer
2 6 (46.15%) Qualitative Analyst
2 6 (46.15%) Quantitative Analyst
2 6 (46.15%) Quantitative Risk Analyst
2 6 (46.15%) Risk Analyst
3 5 (38.46%) C++ Developer
3 5 (38.46%) C++ Quantitative Developer
3 5 (38.46%) C++/C# Developer
3 5 (38.46%) Market Risk Analyst
3 5 (38.46%) Market Risk C++ Developer
3 5 (38.46%) Market Risk Developer
3 5 (38.46%) Statistical Analyst
4 4 (30.77%) C# Developer - Commodities
5 2 (15.38%) C++/Java Developer
5 2 (15.38%) Java Quantitative Developer
5 2 (15.38%) Market Risk Java Developer
Miscellaneous
1 13 (100.00%) Derivative
1 13 (100.00%) Market Risk
1 13 (100.00%) Mathematics
1 13 (100.00%) Physics
2 2 (15.38%) Foreign Exchange (FX)
3 1 (7.69%) Credit Risk
3 1 (7.69%) Fixed Income
Processes & Methodologies
1 13 (100.00%) Quantitative Finance
2 7 (53.85%) OO
2 7 (53.85%) OOP
3 5 (38.46%) Continuous Integration
3 5 (38.46%) Risk Management
3 5 (38.46%) Statistical Analysis
3 5 (38.46%) Validation
4 2 (15.38%) Analytics
5 1 (7.69%) CRM
5 1 (7.69%) Risk Analytics
Programming Languages
1 13 (100.00%) C#
1 13 (100.00%) C++
2 7 (53.85%) Java
Qualifications
1 1 (7.69%) PhD
Quality Assurance & Compliance
1 5 (38.46%) QA