Applied Mathematics Contracts

Applied Mathematics (Applied Maths)
UK

The following table provides summary statistics for contract job vacancies with a requirement for Applied Mathematics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Applied Mathematics over the 6 months to 26 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 564 672 850
Rank change year-on-year +108 +178 -209
Contract jobs citing Applied Mathematics 15 28 10
As % of all contract jobs advertised in the UK 0.034% 0.047% 0.011%
As % of the Processes & Methodologies category 0.040% 0.052% 0.012%
Number of daily rates quoted 4 14 6
10th Percentile - £419 £561
25th Percentile £613 £500 £614
Median daily rate (50th Percentile) £638 £600 £710
Median % change year-on-year +6.25% -15.49% +7.58%
75th Percentile £725 £825 £931
90th Percentile £815 £893 £985
UK excluding London median daily rate - £488 £525
% change year-on-year - -7.14% -30.00%

All Process and Methodology Skills
UK

Applied Mathematics is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,600 53,916 80,351
As % of all contract IT jobs advertised in the UK 86.32% 89.91% 90.57%
Number of daily rates quoted 24,240 37,368 56,382
10th Percentile £300 £325 £340
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +8.25%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.20%
Number of hourly rates quoted 2,433 1,775 1,932
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.25 £15.25
Median hourly rate £35.00 £37.00 £25.00
Median % change year-on-year -5.41% +48.00% -
75th Percentile £59.50 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.75
UK excluding London median hourly rate £36.50 £35.00 £20.00
% change year-on-year +4.29% +75.00% -8.34%

Applied Mathematics
Job Vacancy Trend

Job postings citing Applied Mathematics as a proportion of all IT jobs advertised.

Job vacancy trend for Applied Mathematics in the UK

Applied Mathematics
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Applied Mathematics.

Daily rate trend for Applied Mathematics in the UK

Applied Mathematics
Daily Rate Histogram

Daily rate distribution for jobs citing Applied Mathematics over the 6 months to 26 April 2024.

Daily rate histogram for Applied Mathematics in the UK

Applied Mathematics
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Applied Mathematics.

Hourly rate trend for Applied Mathematics in the UK

Applied Mathematics
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Applied Mathematics within the UK over the 6 months to 26 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +97 10 £638 -20.31% 13
England +96 10 £638 +6.25% 17
Work from Home +117 5 - - 3

Applied Mathematics
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 7 (46.67%) Apache Spark
Cloud Services
1 15 (100.00%) Azure
2 8 (53.33%) Azure DevOps
2 8 (53.33%) GitHub
3 4 (26.67%) AWS
Database & Business Intelligence
1 8 (53.33%) NoSQL
General
1 8 (53.33%) Finance
1 8 (53.33%) Front Office
2 7 (46.67%) Marketing
3 2 (13.33%) Analytical Skills
3 2 (13.33%) Presentation Skills
3 2 (13.33%) Social Skills
Job Titles
1 8 (53.33%) Developer
2 7 (46.67%) Quantitative Developer
3 4 (26.67%) Data Scientist
3 4 (26.67%) Senior
4 3 (20.00%) Python Developer
4 3 (20.00%) Senior Developer
4 3 (20.00%) Senior Quantitative Developer
5 2 (13.33%) Econometrician
5 2 (13.33%) Energy Trading Developer
5 2 (13.33%) Senior Python Developer
6 1 (6.67%) Marketing Specialist
6 1 (6.67%) Senior Data Warehouse Specialist
Libraries, Frameworks & Software Standards
1 15 (100.00%) Pandas
2 8 (53.33%) NumPy
2 8 (53.33%) SciPy
Miscellaneous
1 8 (53.33%) Derivative
2 7 (46.67%) Multi-touch
3 2 (13.33%) Renewable Energy
3 2 (13.33%) Solar Panel
Processes & Methodologies
1 15 (100.00%) Mathematics
2 10 (66.67%) Computer Science
3 8 (53.33%) Backtesting
3 8 (53.33%) CI/CD
3 8 (53.33%) Data Pipeline
3 8 (53.33%) DevOps
3 8 (53.33%) Product Requirements
3 8 (53.33%) Test Automation
4 7 (46.67%) Architectural Patterns
4 7 (46.67%) Bayesian Methods
4 7 (46.67%) Data Collection
4 7 (46.67%) Data Extraction
4 7 (46.67%) Data Science
4 7 (46.67%) Financial Modelling
4 7 (46.67%) Machine Learning
4 7 (46.67%) Marketing Mix
4 7 (46.67%) Mathematical Modelling
4 7 (46.67%) Model Validation
4 7 (46.67%) Statistical Modelling
4 7 (46.67%) Validation
Programming Languages
1 15 (100.00%) Python
1 15 (100.00%) SQL
2 8 (53.33%) C++
2 8 (53.33%) Java
2 8 (53.33%) Rust
3 7 (46.67%) R
Qualifications
1 10 (66.67%) Degree
2 2 (13.33%) PhD