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 average contractor rates offered in IT contracts that have cited Monte Carlo Method over the 3 months to 31 July 2015 with a comparison to the same period in 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.

Location
3 months to
31 Jul 2015
Same period 2014 Same period 2013
Monte Carlo Method
Rank 595 596 526
Rank change year-on-year
+1 -70
Contract jobs citing Monte Carlo Method 25 15 53
As % of all contract IT jobs located in the UK 0.044% 0.027% 0.10%
As % of the Processes & Methodologies category 0.057% 0.036% 0.14%
Number of daily rates quoted 15 12 36
Average daily rate
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£600 £600 £550
Average daily rate % change year-on-year
- +9.09%
90% offered a daily rate of more than £481 £388 £438
10% offered a daily rate of more than £680 £748 £588
UK excluding London average daily rate £450 £375 -
% change year-on-year
+20.00% -
Number of hourly rates quoted 2 0 0
Average hourly rate £41.25 - -
UK excluding London average hourly rate £41.25 - -

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
44182 41616 38228
As % of all contract IT jobs located in the UK 77.70% 76.15% 74.80%
Number of daily rates quoted 28632 25727 23174
Average daily rate £415 £400 £405
Average daily rate % change year-on-year
+3.75% -1.23%
90% offered a daily rate of more than £285 £275 £270
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 1181 1176 1105
Average hourly rate £30.00 £25.00 £30.50
Average hourly rate % change year-on-year
+20.00% -18.03%
90% offered a hourly rate of more than £12.50 £12.85 £12.50
10% offered a hourly rate of more than £52.17 £50.00 £50.00
UK excluding London average hourly rate £30.50 £26.50 £31.00
% change year-on-year
+15.09% -14.51%

Monte Carlo Method
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Monte Carlo Method within the UK as a proportion of the total demand within 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 31 July 2015.

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 14 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Monte Carlo Method within the UK over the 3 months to 31 July 2015. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -16 24 £600 - 5
London +5 18 £600 - 3
City of London -9 5 £550 -18.51% 2
East of England - 3 - -
Stevenage - 3 - -
Hertfordshire - 3 - -
South East -11 2 £425 +13.33%
Milton Keynes - 1 £425 -
Guildford - 1 - -
Cumbria - 1 - -
Buckinghamshire - 1 £425 -
Surrey - 1 - -
North West - 1 - - 2
Scotland - 1 £475 - 1

Monte Carlo Method
Top 30 Related IT Skills

For the 6 months to 31 July 2015, IT contractor jobs within the UK citing Monte Carlo Method also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Monte Carlo Method.

1 31 (56.36%) Credit Risk
2 28 (50.91%) Finance
3 22 (40.00%) C++
4 17 (30.91%) Banking
5 14 (25.45%) Mathematics
5 14 (25.45%) SQL
6 13 (23.64%) C
6 13 (23.64%) Analytical Skills
7 12 (21.82%) Front Office
7 12 (21.82%) Investment Banking
8 11 (20.00%) Agile Software Development
8 11 (20.00%) Risk Management
8 11 (20.00%) Algorithms
9 10 (18.18%) Python
9 10 (18.18%) Market Risk
9 10 (18.18%) Derivative
10 9 (16.36%) Unit Testing
10 9 (16.36%) Multithreading
11 8 (14.55%) TDD
12 7 (12.73%) Physics
12 7 (12.73%) Mapinfo
12 7 (12.73%) Validation
12 7 (12.73%) C#
12 7 (12.73%) Java
12 7 (12.73%) OO
12 7 (12.73%) UMTS
12 7 (12.73%) Data Structures
13 6 (10.91%) Continuous Integration
13 6 (10.91%) Analytics
13 6 (10.91%) Windows

Monte Carlo Method
Top Related IT Skills by Category

For the 6 months to 31 July 2015, IT contractor jobs within the UK citing Monte Carlo Method also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Monte Carlo Method. Up to 20 skills are shown per category.

Application Platforms
1 1 (1.82%) Oracle Coherence
Applications
1 3 (5.45%) MS Excel
1 3 (5.45%) Simulink
2 2 (3.64%) Open Workbench
3 1 (1.82%) Spreadsheet
Business Applications
1 1 (1.82%) Adaptiv
Cloud Services
1 1 (1.82%) PaaS
1 1 (1.82%) GitHub
Communications & Networking
1 7 (12.73%) UMTS
2 6 (10.91%) GSM
3 2 (3.64%) LTE
4 1 (1.82%) AMQP
4 1 (1.82%) TCP/IP
Database & Business Intelligence
1 2 (3.64%) Hazelcast
2 1 (1.82%) MS Access
2 1 (1.82%) Data Warehouse
2 1 (1.82%) SQL Server Integration Services
2 1 (1.82%) Hadoop
Development Applications
1 5 (9.09%) Subversion
2 1 (1.82%) Maven
2 1 (1.82%) Git (software)
2 1 (1.82%) Apache Ivy
2 1 (1.82%) JUnit
2 1 (1.82%) ClearCase
General
1 28 (50.91%) Finance
2 17 (30.91%) Banking
3 12 (21.82%) Investment Banking
3 12 (21.82%) Front Office
4 4 (7.27%) Telecoms
5 1 (1.82%) Legal
5 1 (1.82%) Games
5 1 (1.82%) Marketing
5 1 (1.82%) Financial Institution
Job Titles
1 23 (41.82%) Developer
2 14 (25.45%) Quantitative Developer
3 12 (21.82%) Analyst
4 8 (14.55%) Business Analyst
5 7 (12.73%) Project Manager
6 5 (9.09%) Administrator
6 5 (9.09%) Risk Manager
6 5 (9.09%) Banking Business Analyst
6 5 (9.09%) Credit Risk Project Manager
7 4 (7.27%) RF Engineer
8 3 (5.45%) Risk Analyst
8 3 (5.45%) Credit Risk Developer
8 3 (5.45%) C++ Quantitative Developer
8 3 (5.45%) Credit Risk Analyst
8 3 (5.45%) Systems Engineer
8 3 (5.45%) Senior Developer
8 3 (5.45%) Credit Analyst
8 3 (5.45%) Quantitative Analyst
8 3 (5.45%) Credit Risk Business Analyst
8 3 (5.45%) C++ Developer
Libraries, Frameworks & Software Standards
1 4 (7.27%) WPF
1 4 (7.27%) SciPy
1 4 (7.27%) NumPy
1 4 (7.27%) Pandas
2 2 (3.64%) .NET
3 1 (1.82%) ASP.NET
3 1 (1.82%) COM
3 1 (1.82%) STL
3 1 (1.82%) .NET Framework
3 1 (1.82%) Microsoft Enterprise Library
3 1 (1.82%) Entity Framework
3 1 (1.82%) Boost C++ Libraries
Miscellaneous
1 31 (56.36%) Credit Risk
2 14 (25.45%) Mathematics
3 13 (23.64%) Analytical Skills
4 11 (20.00%) Algorithms
5 10 (18.18%) Market Risk
5 10 (18.18%) Derivative
6 7 (12.73%) Physics
6 7 (12.73%) Data Structures
7 6 (10.91%) Computer Science
8 5 (9.09%) Foreign Exchange (FX)
9 4 (7.27%) Fixed Income
10 3 (5.45%) Grid Computing
11 2 (3.64%) Equities
11 2 (3.64%) Equity Derivative
11 2 (3.64%) Statistics
12 1 (1.82%) Mainframe
12 1 (1.82%) Mobile Banking
Operating Systems
1 6 (10.91%) Windows
2 3 (5.45%) Linux
3 2 (3.64%) UNIX
4 1 (1.82%) AIX
4 1 (1.82%) HPUX
4 1 (1.82%) Solaris
Processes & Methodologies
1 11 (20.00%) Risk Management
1 11 (20.00%) Agile Software Development
2 9 (16.36%) Unit Testing
2 9 (16.36%) Multithreading
3 8 (14.55%) TDD
4 7 (12.73%) Validation
4 7 (12.73%) OO
5 6 (10.91%) Analytics
5 6 (10.91%) Continuous Integration
6 5 (9.09%) Low Latency
6 5 (9.09%) Regression Testing
6 5 (9.09%) Asset Management
6 5 (9.09%) Business Analysis
7 4 (7.27%) Stress Testing
7 4 (7.27%) Test Scripting
7 4 (7.27%) Greeks
7 4 (7.27%) Configuration Management
7 4 (7.27%) DevOps
7 4 (7.27%) SDLC
7 4 (7.27%) Functional Programming
Programming Languages
1 22 (40.00%) C++
2 14 (25.45%) SQL
3 13 (23.64%) C
4 10 (18.18%) Python
5 7 (12.73%) C#
5 7 (12.73%) Java
6 5 (9.09%) MATLAB
7 4 (7.27%) VB
7 4 (7.27%) VBA
8 2 (3.64%) Perl
8 2 (3.64%) PL/SQL
8 2 (3.64%) MapBasic
8 2 (3.64%) R
9 1 (1.82%) REXX
Qualifications
1 5 (9.09%) Degree
2 4 (7.27%) Security Cleared
3 2 (3.64%) SC Cleared
3 2 (3.64%) PhD
4 1 (1.82%) ISTQB
4 1 (1.82%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 2 (3.64%) Basel III
2 1 (1.82%) CRD IV
2 1 (1.82%) SLA
2 1 (1.82%) COBIT
2 1 (1.82%) QA
System Software
1 1 (1.82%) VMware ESX
1 1 (1.82%) VMware Infrastructure
Systems Management
1 1 (1.82%) CA Endevor
1 1 (1.82%) HP Quality Center
1 1 (1.82%) Puppet
1 1 (1.82%) Opscode Chef
Vendors
1 7 (12.73%) Mapinfo
2 2 (3.64%) Murex
2 2 (3.64%) Calypso
2 2 (3.64%) Microsoft
2 2 (3.64%) Sophis
3 1 (1.82%) TEOCO
3 1 (1.82%) Sun
3 1 (1.82%) Oracle
3 1 (1.82%) IBM
3 1 (1.82%) Citrix
3 1 (1.82%) Perforce
3 1 (1.82%) VMware
Scotland
Orgtel
Rate: £400.00 - £550.00 per day + competitive
Posted: 14 days ago