The table below looks at the statistics for Financial Modelling skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Financial Modelling over the 3 months to 24 January 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
24 Jan 2017
Same period 2016 Same period 2015
Financial Modelling
UK
Rank 541 578 547
Rank change year-on-year
+37 -31
Contract jobs citing Financial Modelling 52 34 65
As % of all contract IT jobs located in the UK 0.12% 0.068% 0.13%
As % of the Processes & Methodologies category 0.14% 0.083% 0.17%
Number of daily rates quoted 31 19 47
Median daily rate £363 £550 £475
Median daily rate % change year-on-year
-34.09% +15.78%
90% offered a daily rate of more than £261 £345 £369
10% offered a daily rate of more than £500 £960 £680
UK excluding London median daily rate £301 £375 £425
% change year-on-year
-19.86% -11.76%
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 across the UK.

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
36876 40874 39156
As % of all contract IT jobs located in the UK 82.21% 81.75% 78.48%
Number of daily rates quoted 24455 26538 25225
Median daily rate £450 £425 £421
Median daily rate % change year-on-year
+5.88% +1.07%
90% offered a daily rate of more than £300 £293 £282
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £405 £400 £390
% change year-on-year
+1.25% +2.56%
Number of hourly rates quoted 923 1196 1034
Median hourly rate £35.00 £38.25 £25.00
Median hourly rate % change year-on-year
-8.49% +53.00%
90% offered a hourly rate of more than £12.50 £13.00 £12.00
10% offered a hourly rate of more than £52.50 £55.00 £47.50
UK excluding London median hourly rate £35.00 £40.00 £26.00
% change year-on-year
-12.50% +53.84%

Financial Modelling
Jobs Demand Trend

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

Financial Modelling Jobs Demand Trend in the UK

Financial Modelling
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Financial Modelling within the UK.

Financial Modelling Daily Rate Trend in the UK

Financial Modelling
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Modelling within the UK over the 3 months to 24 January 2017.

Financial Modelling Daily Rate Histogram in the UK

Financial Modelling
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Financial Modelling within the UK.

Financial Modelling Hourly Rate Trend in the UK

Financial Modelling
Top 22 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Modelling within the UK over the 3 months to 24 January 2017. 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 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
England +43 50 £363 -36.95% 25
London +8 26 £381 -33.69% 16
South East +23 15 £300 -47.82% 4
Hampshire - 10 £294 -
East of England +6 4 £500 +53.84% 2
North West - 3 £425 - 1
Manchester - 3 £425 -
Buckinghamshire +3 2 £358 -
Milton Keynes - 2 £358 -
Havant - 2 £218 -
Bedfordshire - 2 £500 -
Hertfordshire - 2 £325 - 2
Yorkshire +17 1 £261 -
City of London +3 1 - - 4
Oxfordshire +3 1 £500 - 1
West Sussex - 1 £183 -
Winchester - 1 £300 -
Hook - 1 - -
Welwyn Garden City - 1 £325 -
South Yorkshire - 1 £261 -
Bristol - 1 £300 - 1
South West - 1 £300 - 1

Financial Modelling
Top 30 Related IT Skills

For the 6 months to 24 January 2017, IT contractor jobs citing Financial Modelling also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Financial Modelling.

1 102 (100.00%) Finance
2 22 (21.57%) Analytical Skills
3 17 (16.67%) Analytics
4 15 (14.71%) Degree
5 14 (13.73%) Banking
6 13 (12.75%) Project Management
7 12 (11.76%) SAP
7 12 (11.76%) Stakeholder Management
8 11 (10.78%) Agile Software Development
8 11 (10.78%) Translating Business Requirements
9 10 (9.80%) Algorithms
9 10 (9.80%) Business Analysis
10 9 (8.82%) VBA
10 9 (8.82%) MS Excel
10 9 (8.82%) Spreadsheet
11 8 (7.84%) .NET
11 8 (7.84%) Oracle
11 8 (7.84%) C#
12 7 (6.86%) OO
12 7 (6.86%) SAP BW
12 7 (6.86%) MATLAB
12 7 (6.86%) BusinessObjects
12 7 (6.86%) Machine Learning
12 7 (6.86%) TWAP
12 7 (6.86%) Low Latency
12 7 (6.86%) VWAP
12 7 (6.86%) Algorithmic Trading
12 7 (6.86%) Electronic Trading
12 7 (6.86%) Security Cleared
13 6 (5.88%) R

Financial Modelling
Top Related IT Skills 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:

Application Platforms
1 3 (2.94%) SAS
1 3 (2.94%) Tomcat
2 1 (0.98%) Apache Spark
2 1 (0.98%) IBM Notes
2 1 (0.98%) SharePoint
Applications
1 9 (8.82%) MS Excel
1 9 (8.82%) Spreadsheet
2 4 (3.92%) MS Office
2 4 (3.92%) MS PowerPoint
3 2 (1.96%) MS Project
3 2 (1.96%) MS Visio
4 1 (0.98%) SPSS
Business Applications
1 4 (3.92%) SAP CO
1 4 (3.92%) SAP FI
1 4 (3.92%) SAP FI/CO
1 4 (3.92%) SAP HCM
2 2 (1.96%) SAP ERP
3 1 (0.98%) MoSes
3 1 (0.98%) PeopleSoft HCM
3 1 (0.98%) ReMetrica
Cloud Services
1 1 (0.98%) Amazon AWS
1 1 (0.98%) Microsoft Azure
1 1 (0.98%) SuccessFactors
1 1 (0.98%) Taleo
Database & Business Intelligence
1 7 (6.86%) BusinessObjects
1 7 (6.86%) SAP BW
2 3 (2.94%) Relational Database
3 2 (1.96%) Data Warehouse
3 2 (1.96%) SQL Server
4 1 (0.98%) Base SAS
4 1 (0.98%) Big Data
4 1 (0.98%) MS Access
4 1 (0.98%) Power BI
4 1 (0.98%) PowerPivot
4 1 (0.98%) SAS Enterprise Guide
4 1 (0.98%) SAS Enterprise Miner
General
1 102 (100.00%) Finance
2 14 (13.73%) Banking
3 5 (4.90%) Investment Banking
4 4 (3.92%) Telecoms
5 3 (2.94%) Front Office
5 3 (2.94%) General Ledger
5 3 (2.94%) Marketing
6 2 (1.96%) German Language
6 2 (1.96%) Law
6 2 (1.96%) Legal
6 2 (1.96%) Retail
7 1 (0.98%) Back Office
Job Titles
1 31 (30.39%) Analyst
2 20 (19.61%) Business Analyst
3 16 (15.69%) Developer
4 10 (9.80%) Consultant
5 7 (6.86%) Architect
5 7 (6.86%) C# Developer
5 7 (6.86%) Commercial Manager
6 6 (5.88%) .NET Developer
6 6 (5.88%) HR Consultant
7 5 (4.90%) C# .NET Developer
7 5 (4.90%) C# Developer - Electronic Trading
7 5 (4.90%) Electronic Trading Developer
8 4 (3.92%) Finance Modeller
8 4 (3.92%) SQL Developer
9 3 (2.94%) Accountant
9 3 (2.94%) Analytics Consultant
9 3 (2.94%) Perl Developer
9 3 (2.94%) Project Administrator
9 3 (2.94%) SAP Analyst
9 3 (2.94%) SAP Consultant
Libraries, Frameworks & Software Standards
1 8 (7.84%) .NET
2 2 (1.96%) CSS
2 2 (1.96%) CSS3
2 2 (1.96%) HTML
2 2 (1.96%) HTML5
3 1 (0.98%) jQuery
3 1 (0.98%) Mason
Miscellaneous
1 22 (21.57%) Analytical Skills
2 10 (9.80%) Algorithms
3 7 (6.86%) TWAP
3 7 (6.86%) VWAP
4 6 (5.88%) Fixed Income
5 5 (4.90%) Derivative
5 5 (4.90%) Management Information System
5 5 (4.90%) Market Risk
6 3 (2.94%) Computer Science
6 3 (2.94%) Credit Derivative
6 3 (2.94%) Equities
6 3 (2.94%) Foreign Exchange (FX)
6 3 (2.94%) Statistics
7 2 (1.96%) Hedge funds
7 2 (1.96%) Mathematics
7 2 (1.96%) Performance Metrics
7 2 (1.96%) User Experience
7 2 (1.96%) Virtual Team
8 1 (0.98%) Data Centre
8 1 (0.98%) Enterprise Cloud
Operating Systems
1 6 (5.88%) Unix
2 3 (2.94%) Linux
3 2 (1.96%) Android
3 2 (1.96%) Apple iOS
Processes & Methodologies
1 17 (16.67%) Analytics
2 13 (12.75%) Project Management
3 12 (11.76%) Stakeholder Management
4 11 (10.78%) Agile Software Development
4 11 (10.78%) Translating Business Requirements
5 10 (9.80%) Business Analysis
6 7 (6.86%) Algorithmic Trading
6 7 (6.86%) Electronic Trading
6 7 (6.86%) Low Latency
6 7 (6.86%) Machine Learning
6 7 (6.86%) OO
7 5 (4.90%) Change Management
8 4 (3.92%) Budgeting and Forecasting
8 4 (3.92%) Financial Analysis
8 4 (3.92%) Quantitative Analysis
8 4 (3.92%) Service Management
8 4 (3.92%) SOA
9 3 (2.94%) Continuous Improvement
9 3 (2.94%) Performance Management
9 3 (2.94%) Target Operating Model
Programming Languages
1 9 (8.82%) VBA
2 8 (7.84%) C#
3 7 (6.86%) MATLAB
4 6 (5.88%) R
5 5 (4.90%) SQL
6 3 (2.94%) Perl
7 1 (0.98%) C
7 1 (0.98%) C++
7 1 (0.98%) Java
7 1 (0.98%) JavaScript
7 1 (0.98%) Python
7 1 (0.98%) Scala
Qualifications
1 15 (14.71%) Degree
2 7 (6.86%) Security Cleared
3 3 (2.94%) SC Cleared
4 2 (1.96%) ACCA
4 2 (1.96%) BPSS Clearance
5 1 (0.98%) CCA
5 1 (0.98%) CFA
5 1 (0.98%) DV Cleared
5 1 (0.98%) PMI Certification
5 1 (0.98%) PMP
5 1 (0.98%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 5 (4.90%) SLA
2 2 (1.96%) Disclosure Scotland
2 2 (1.96%) IFRS
2 2 (1.96%) IFRS 9
3 1 (0.98%) QA
3 1 (0.98%) Solvency II
Systems Management
1 2 (1.96%) Opscode Chef
Vendors
1 12 (11.76%) SAP
2 8 (7.84%) Oracle
3 3 (2.94%) CheckPoint
3 3 (2.94%) IBM
3 3 (2.94%) Kenexa
3 3 (2.94%) Microsoft
4 2 (1.96%) Ariba
4 2 (1.96%) HP
4 2 (1.96%) hybris
5 1 (0.98%) Lotus
5 1 (0.98%) OpenText
5 1 (0.98%) PeopleSoft
5 1 (0.98%) Workday
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