The table below looks at the statistics for Monte Carlo Method skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Monte Carlo Method over the 3 months to 1 October 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
1 Oct 2016
Same period 2015 Same period 2014
Monte Carlo Method
Rank 624 628 627
Rank change year-on-year
+4 -1
Contract jobs citing Monte Carlo Method 12 36 12
As % of all contract IT jobs located in the UK 0.023% 0.062% 0.021%
As % of the Processes & Methodologies category 0.027% 0.077% 0.027%
Number of daily rates quoted 10 31 10
Median daily rate £515 £650 £575
Median daily rate % change year-on-year
-20.80% +13.04%
90% offered a daily rate of more than £391 £475 £483
10% offered a daily rate of more than £539 £800 £650
UK excluding London median daily rate £313 £450 £500
% change year-on-year
-30.55% -10.00%
Number of hourly rates quoted 0 2 0
Median hourly rate - £31.25 -
UK excluding London median hourly rate - £42.50 -

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
43784 46844 44845
As % of all contract IT jobs located in the UK 83.15% 81.14% 77.00%
Number of daily rates quoted 29028 30621 28126
Median daily rate £438 £425 £410
Median daily rate % change year-on-year
+3.05% +3.65%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £590 £585 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1146 1304 1230
Median hourly rate £30.50 £32.00 £24.00
Median hourly rate % change year-on-year
-4.68% +33.33%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £50.00 £50.00 £52.70
UK excluding London median hourly rate £32.50 £34.00 £26.00
% change year-on-year
-4.41% +30.76%

Monte Carlo Method
Jobs Demand Trend

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

Monte Carlo Method Jobs Demand Trend in the UK

Monte Carlo Method
Daily Rate Trend

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

Monte Carlo Method Daily Rate Trend in the UK

Monte Carlo Method
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Monte Carlo Method within the UK over the 3 months to 1 October 2016.

Monte Carlo Method Daily Rate Histogram in the UK

Monte Carlo Method
Hourly Rate Trend

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

Monte Carlo Method Hourly Rate Trend in the UK

Monte Carlo Method
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Monte Carlo Method within the UK over the 3 months to 1 October 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
England -3 12 £515 -20.80% 7
London -15 10 £525 -19.23% 3
City of London +22 3 £538 -18.86% 1
South East +11 1 - - 1
East Midlands - 1 £313 -
Hampshire - 1 - - 1
Havant - 1 - - 1

Monte Carlo Method
Top 30 Related IT Skills

For the 6 months to 1 October 2016, IT contractor jobs citing Monte Carlo Method 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 Monte Carlo Method.

1 24 (58.54%) Finance
2 21 (51.22%) SQL
3 17 (41.46%) C#
3 17 (41.46%) Risk Management
4 15 (36.59%) Python
4 15 (36.59%) Degree
5 14 (34.15%) Analytical Skills
5 14 (34.15%) Agile Software Development
6 13 (31.71%) C++
7 12 (29.27%) Java
7 12 (29.27%) Analytics
8 11 (26.83%) Algorithms
8 11 (26.83%) Mathematics
9 10 (24.39%) Business Analysis
9 10 (24.39%) SDLC
10 9 (21.95%) Foreign Exchange (FX)
10 9 (21.95%) Fixed Income
10 9 (21.95%) Grid Computing
10 9 (21.95%) Quantitative Finance
11 8 (19.51%) Banking
11 8 (19.51%) Data Analysis
11 8 (19.51%) Performance Optimisation
11 8 (19.51%) Derivative
11 8 (19.51%) Statistics
11 8 (19.51%) Market Risk
12 7 (17.07%) Credit Risk
12 7 (17.07%) QA
12 7 (17.07%) Risk Analytics
12 7 (17.07%) VBA
13 6 (14.63%) .NET

Monte Carlo Method
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 1 (2.44%) ArcGIS
1 1 (2.44%) Oracle Coherence
1 1 (2.44%) SAS
1 1 (2.44%) SharePoint
Applications
1 5 (12.20%) SPSS
2 2 (4.88%) MS Excel
3 1 (2.44%) MS Office
3 1 (2.44%) MS PowerPoint
3 1 (2.44%) MS Visio
Database & Business Intelligence
1 4 (9.76%) Power BI
1 4 (9.76%) SQL Server
1 4 (9.76%) SQL Server Integration Services
1 4 (9.76%) SQL Server Reporting Services
2 3 (7.32%) Big Data
2 3 (7.32%) Hadoop
3 1 (2.44%) Data Mining
General
1 24 (58.54%) Finance
2 8 (19.51%) Banking
3 3 (7.32%) Investment Banking
3 3 (7.32%) Retail
4 2 (4.88%) Front Office
Job Titles
1 24 (58.54%) Analyst
2 16 (39.02%) Risk Analyst
3 10 (24.39%) Business Analyst
3 10 (24.39%) Risk Business Analyst
4 8 (19.51%) Qualitative Analyst
4 8 (19.51%) Quantitative Analyst
5 7 (17.07%) Credit Analyst
5 7 (17.07%) Credit Risk Analyst
5 7 (17.07%) Credit Risk Business Analyst
5 7 (17.07%) Data Scientist
6 6 (14.63%) Developer
6 6 (14.63%) Quantitative Risk Analyst
7 5 (12.20%) C# Developer
7 5 (12.20%) Data Analyst
8 3 (7.32%) C# Quant Developer
8 3 (7.32%) Market Risk Analyst
8 3 (7.32%) Market Risk Business Analyst
8 3 (7.32%) Quantitative Developer
9 2 (4.88%) C# .NET Developer
9 2 (4.88%) Market Risk Developer
Libraries, Frameworks & Software Standards
1 6 (14.63%) .NET
2 4 (9.76%) ASP.NET
3 3 (7.32%) WPF
Miscellaneous
1 14 (34.15%) Analytical Skills
2 11 (26.83%) Algorithms
2 11 (26.83%) Mathematics
3 9 (21.95%) Fixed Income
3 9 (21.95%) Foreign Exchange (FX)
3 9 (21.95%) Grid Computing
4 8 (19.51%) Derivative
4 8 (19.51%) Market Risk
4 8 (19.51%) Statistics
5 7 (17.07%) Credit Risk
6 6 (14.63%) Credit Derivative
7 5 (12.20%) Economics
8 4 (9.76%) Computer Science
9 3 (7.32%) Data Structures
9 3 (7.32%) Neural Network
10 1 (2.44%) Equities
10 1 (2.44%) Social Network
10 1 (2.44%) Visualisation
Operating Systems
1 1 (2.44%) Unix
1 1 (2.44%) Windows
Processes & Methodologies
1 17 (41.46%) Risk Management
2 14 (34.15%) Agile Software Development
3 12 (29.27%) Analytics
4 10 (24.39%) Business Analysis
4 10 (24.39%) SDLC
5 9 (21.95%) Quantitative Finance
6 8 (19.51%) Data Analysis
6 8 (19.51%) Performance Optimisation
7 7 (17.07%) Risk Analytics
8 4 (9.76%) Business Intelligence
8 4 (9.76%) Statistical Modelling
9 3 (7.32%) Machine Learning
9 3 (7.32%) Numerical Analysis
9 3 (7.32%) Random Forest
9 3 (7.32%) Stakeholder Management
9 3 (7.32%) UML
9 3 (7.32%) Waterfall
10 2 (4.88%) Asset Management
10 2 (4.88%) ETL
10 2 (4.88%) Operations Research
Programming Languages
1 21 (51.22%) SQL
2 17 (41.46%) C#
3 15 (36.59%) Python
4 13 (31.71%) C++
5 12 (29.27%) Java
6 7 (17.07%) VBA
7 5 (12.20%) R
8 3 (7.32%) Lua
8 3 (7.32%) MATLAB
9 1 (2.44%) F#
9 1 (2.44%) VB.NET
Qualifications
1 15 (36.59%) Degree
2 4 (9.76%) PhD
3 2 (4.88%) CFA
4 1 (2.44%) Security Cleared
Quality Assurance & Compliance
1 7 (17.07%) QA
Vendors
1 3 (7.32%) Cloudera
2 1 (2.44%) ESRI
2 1 (2.44%) IBM
2 1 (2.44%) Oracle
2 1 (2.44%) SIMUL8
London
Northern Trust Careers
Posted: 10 hours ago
Havant, Hampshire
Sopra Steria Recruitment
Rate: Unspecified Competitive
Posted: 4 days ago