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 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
Monte Carlo Method
Rank 579 616 620
Rank change year-on-year
+37 +4
Contract jobs citing Monte Carlo Method 35 33 28
As % of all contract IT jobs located in the UK 0.071% 0.060% 0.050%
As % of the Processes & Methodologies category 0.086% 0.074% 0.064%
Number of daily rates quoted 32 29 20
Median daily rate £606 £575 £583
Median daily rate % change year-on-year
+5.43% -1.28%
90% offered a daily rate of more than £358 £330 £459
10% offered a daily rate of more than £825 £790 £728
UK excluding London median daily rate £313 - £425
Number of hourly rates quoted 0 1 1
Median hourly rate - £20.00 £10.50
Median hourly rate % change year-on-year
- +90.47%
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
40909 44671 43502
As % of all contract IT jobs located in the UK 82.54% 81.22% 77.13%
Number of daily rates quoted 27247 28978 28332
Median daily rate £450 £425 £420
Median daily rate % change year-on-year
+5.88% +1.19%
90% offered a daily rate of more than £300 £297 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 1079 1330 1204
Median hourly rate £29.25 £30.15 £25.00
Median hourly rate % change year-on-year
-2.98% +20.60%
90% offered a hourly rate of more than £12.50 £12.35 £11.75
10% offered a hourly rate of more than £50.00 £50.00 £48.10
UK excluding London median hourly rate £30.00 £34.00 £25.00
% change year-on-year
-11.76% +36.00%

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 10 December 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 12 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 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
England +20 35 £606 +5.43% 5
London +1 27 £625 +8.69% 4
City of London -16 3 £538 -6.52% 1
East of England - 3 £298 -
East Midlands - 2 £369 -
South East - 2 - -
Havant - 2 - -
Hampshire - 2 - -
Hertfordshire - 2 £298 -
Cambridgeshire - 1 - -
North West - 1 £350 - 1
Cambridge - 1 - -

Monte Carlo Method
Top 30 Related IT Skills

For the 6 months to 10 December 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 27 (56.25%) C#
2 25 (52.08%) Finance
3 20 (41.67%) SQL
4 16 (33.33%) Market Risk
5 15 (31.25%) Risk Management
6 13 (27.08%) Analytics
7 11 (22.92%) C++
7 11 (22.92%) Agile Software Development
7 11 (22.92%) Banking
7 11 (22.92%) Statistics
7 11 (22.92%) Algorithms
8 10 (20.83%) Derivative
8 10 (20.83%) Credit Derivative
8 10 (20.83%) .NET
9 9 (18.75%) Java
9 9 (18.75%) MS Office
9 9 (18.75%) Quantitative Finance
10 8 (16.67%) Power BI
10 8 (16.67%) SQL Server
10 8 (16.67%) Business Intelligence
10 8 (16.67%) Front Office
10 8 (16.67%) SQL Server Reporting Services
10 8 (16.67%) Credit Risk
11 7 (14.58%) Subversion
11 7 (14.58%) Mathematics
11 7 (14.58%) PhD
12 6 (12.50%) LaTeX
12 6 (12.50%) ASP.NET
12 6 (12.50%) Python
12 6 (12.50%) Fixed Income

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 2 (4.17%) SAS
2 1 (2.08%) Oracle Coherence
Applications
1 9 (18.75%) MS Office
2 6 (12.50%) LaTeX
3 4 (8.33%) SPSS
4 3 (6.25%) Doxygen
5 2 (4.17%) MS Excel
6 1 (2.08%) MS PowerPoint
6 1 (2.08%) MS Project
Database & Business Intelligence
1 8 (16.67%) Power BI
1 8 (16.67%) SQL Server
1 8 (16.67%) SQL Server Reporting Services
2 6 (12.50%) SQL Server Integration Services
3 3 (6.25%) Hadoop
4 2 (4.17%) Data Mining
4 2 (4.17%) SQL Server 2016
Development Applications
1 7 (14.58%) Subversion
2 3 (6.25%) JIRA
General
1 25 (52.08%) Finance
2 11 (22.92%) Banking
3 8 (16.67%) Front Office
4 4 (8.33%) Investment Banking
4 4 (8.33%) Retail
5 1 (2.08%) Back Office
5 1 (2.08%) Electronics
5 1 (2.08%) Financial Institution
5 1 (2.08%) Manufacturing
Job Titles
1 19 (39.58%) Analyst
1 19 (39.58%) Developer
2 13 (27.08%) C# Developer
3 12 (25.00%) Qualitative Analyst
3 12 (25.00%) Quantitative Analyst
3 12 (25.00%) Quantitative Developer
4 8 (16.67%) Market Risk Developer
5 7 (14.58%) C# Quant Developer
5 7 (14.58%) Risk Analyst
6 5 (10.42%) Business Analyst
6 5 (10.42%) Credit Analyst
6 5 (10.42%) Data Scientist
6 5 (10.42%) Java Developer
6 5 (10.42%) Java Quantitative Developer
6 5 (10.42%) Market Risk Java Developer
6 5 (10.42%) Risk Business Analyst
7 4 (8.33%) .NET Developer
7 4 (8.33%) Credit Risk Business Analyst
7 4 (8.33%) Senior C# Developer
7 4 (8.33%) Senior Developer
Libraries, Frameworks & Software Standards
1 10 (20.83%) .NET
2 6 (12.50%) ASP.NET
3 5 (10.42%) WPF
4 1 (2.08%) WCF
Miscellaneous
1 16 (33.33%) Market Risk
2 11 (22.92%) Algorithms
2 11 (22.92%) Statistics
3 10 (20.83%) Credit Derivative
3 10 (20.83%) Derivative
4 8 (16.67%) Credit Risk
5 7 (14.58%) Mathematics
6 6 (12.50%) Fixed Income
7 5 (10.42%) Computer Science
7 5 (10.42%) Grid Computing
8 4 (8.33%) Foreign Exchange (FX)
9 3 (6.25%) Fintech
9 3 (6.25%) Physics
10 2 (4.17%) CUDA
10 2 (4.17%) Economics
10 2 (4.17%) Equities
10 2 (4.17%) Wiki
11 1 (2.08%) Analytical Skills
11 1 (2.08%) Data Structures
11 1 (2.08%) Equity Derivative
Operating Systems
1 3 (6.25%) Windows
Processes & Methodologies
1 15 (31.25%) Risk Management
2 13 (27.08%) Analytics
3 11 (22.92%) Agile Software Development
4 9 (18.75%) Quantitative Finance
5 8 (16.67%) Business Intelligence
6 5 (10.42%) OO
6 5 (10.42%) OOP
6 5 (10.42%) Statistical Modelling
7 4 (8.33%) Business Analysis
7 4 (8.33%) Risk Analytics
7 4 (8.33%) SDLC
8 3 (6.25%) Migration
8 3 (6.25%) Performance Optimisation
8 3 (6.25%) Stakeholder Management
8 3 (6.25%) TDD
9 2 (4.17%) ANOVA
9 2 (4.17%) CHAID
9 2 (4.17%) CRISP-DM
9 2 (4.17%) Data Analysis
9 2 (4.17%) ETL
Programming Languages
1 27 (56.25%) C#
2 20 (41.67%) SQL
3 11 (22.92%) C++
4 9 (18.75%) Java
5 6 (12.50%) Python
6 3 (6.25%) R
7 2 (4.17%) MATLAB
7 2 (4.17%) VBA
8 1 (2.08%) F#
8 1 (2.08%) VB.NET
Qualifications
1 7 (14.58%) PhD
2 3 (6.25%) Degree
3 1 (2.08%) Security Cleared
Quality Assurance & Compliance
1 2 (4.17%) QA
2 1 (2.08%) ISO 9000
Vendors
1 5 (10.42%) Algorithmics
2 4 (8.33%) Microsoft
3 3 (6.25%) Cloudera
4 2 (4.17%) IBM
5 1 (2.08%) Cadence
5 1 (2.08%) Oracle
5 1 (2.08%) Sophis
London
Hays Finance Technology
Rate: £675.00 - £775.00 per day
Posted: 5 days ago
London
Orgtel
Rate: £675 - £775 per day
Posted: 7 days ago