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 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
Monte Carlo Method
UK
Rank 544 587 590
Rank change year-on-year
+43 +3
Contract jobs citing Monte Carlo Method 49 25 22
As % of all contract IT jobs located in the UK 0.11% 0.050% 0.044%
As % of the Processes & Methodologies category 0.13% 0.061% 0.056%
Number of daily rates quoted 42 25 19
Median daily rate £625 £575 £575
Median daily rate % change year-on-year
+8.69% -
90% offered a daily rate of more than £535 £331 £412
10% offered a daily rate of more than £818 £1,100 £750
UK excluding London median daily rate £644 - £1,000
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%

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 24 January 2017.

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 median contractor rates quoted in IT jobs citing Monte Carlo Method 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 +46 49 £625 +8.69% 8
London +21 42 £620 +7.82% 5
City of London +8 8 £615 +14.41% 2
Northampton - 3 £663 -
Northamptonshire - 3 £663 -
East Midlands - 3 £663 -
East of England - 3 £298 -
Feltham - 2 - -
Hertfordshire - 2 £298 -
Cambridgeshire - 1 - -
South West - 1 £663 -
Wiltshire - 1 £663 -
Swindon - 1 £663 -
Cambridge - 1 - -

Monte Carlo Method
Top 30 Related IT Skills

For the 6 months to 24 January 2017, 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 37 (57.81%) Finance
2 26 (40.63%) C#
2 26 (40.63%) Banking
3 23 (35.94%) SQL
3 23 (35.94%) Risk Management
4 20 (31.25%) Market Risk
5 17 (26.56%) Analytics
6 16 (25.00%) C++
7 15 (23.44%) Algorithms
8 14 (21.88%) Credit Risk
9 13 (20.31%) MS Office
10 12 (18.75%) Statistics
11 11 (17.19%) Derivative
11 11 (17.19%) Front Office
12 10 (15.63%) Java
12 10 (15.63%) .NET
12 10 (15.63%) Agile Software Development
12 10 (15.63%) Credit Derivative
13 9 (14.06%) Subversion
13 9 (14.06%) Microsoft
14 8 (12.50%) Business Intelligence
14 8 (12.50%) SQL Server
14 8 (12.50%) SQL Server Reporting Services
14 8 (12.50%) Investment Banking
14 8 (12.50%) Power BI
14 8 (12.50%) Quantitative Finance
15 7 (10.94%) Statistical Analysis
15 7 (10.94%) MS Excel
15 7 (10.94%) Stakeholder Management
16 6 (9.38%) PhD

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 6 (9.38%) SAS
2 1 (1.56%) Oracle Coherence
Applications
1 13 (20.31%) MS Office
2 7 (10.94%) MS Excel
3 6 (9.38%) LaTeX
4 5 (7.81%) MS PowerPoint
5 4 (6.25%) SPSS
6 3 (4.69%) Doxygen
7 1 (1.56%) MS Project
Database & Business Intelligence
1 8 (12.50%) Power BI
1 8 (12.50%) SQL Server
1 8 (12.50%) SQL Server Reporting Services
2 6 (9.38%) SQL Server Integration Services
3 3 (4.69%) Hadoop
4 2 (3.13%) Data Mining
4 2 (3.13%) SQL Server 2016
Development Applications
1 9 (14.06%) Subversion
2 5 (7.81%) JIRA
General
1 37 (57.81%) Finance
2 26 (40.63%) Banking
3 11 (17.19%) Front Office
4 8 (12.50%) Investment Banking
5 4 (6.25%) Financial Institution
5 4 (6.25%) Retail
6 1 (1.56%) Back Office
6 1 (1.56%) Electronics
6 1 (1.56%) Manufacturing
Job Titles
1 22 (34.38%) Developer
2 20 (31.25%) Analyst
3 15 (23.44%) Quantitative Developer
4 13 (20.31%) C# Developer
5 12 (18.75%) Qualitative Analyst
5 12 (18.75%) Quantitative Analyst
6 8 (12.50%) Market Risk Developer
7 7 (10.94%) C# Quant Developer
8 6 (9.38%) Credit Analyst
8 6 (9.38%) Risk Analyst
9 5 (7.81%) Business Analyst
9 5 (7.81%) Credit Risk Analyst
9 5 (7.81%) Credit Risk Business Analyst
9 5 (7.81%) Data Scientist
9 5 (7.81%) Java Developer
9 5 (7.81%) Java Quantitative Developer
9 5 (7.81%) Market Risk Java Developer
9 5 (7.81%) Risk Business Analyst
10 4 (6.25%) .NET Developer
10 4 (6.25%) Architect
Libraries, Frameworks & Software Standards
1 10 (15.63%) .NET
2 6 (9.38%) ASP.NET
3 5 (7.81%) WPF
4 1 (1.56%) COM
4 1 (1.56%) WCF
4 1 (1.56%) XML
4 1 (1.56%) XSLT
Miscellaneous
1 20 (31.25%) Market Risk
2 15 (23.44%) Algorithms
3 14 (21.88%) Credit Risk
4 12 (18.75%) Statistics
5 11 (17.19%) Derivative
6 10 (15.63%) Credit Derivative
7 6 (9.38%) Mathematics
8 5 (7.81%) Analytical Skills
8 5 (7.81%) Computer Science
8 5 (7.81%) CUDA
9 3 (4.69%) Fintech
9 3 (4.69%) Physics
10 2 (3.13%) Economics
10 2 (3.13%) Equities
10 2 (3.13%) Fixed Income
10 2 (3.13%) Wiki
11 1 (1.56%) Equity Derivative
11 1 (1.56%) Grid Computing
11 1 (1.56%) OTC Derivatives
Operating Systems
1 3 (4.69%) Windows
Processes & Methodologies
1 23 (35.94%) Risk Management
2 17 (26.56%) Analytics
3 10 (15.63%) Agile Software Development
4 8 (12.50%) Business Intelligence
4 8 (12.50%) Quantitative Finance
5 7 (10.94%) Stakeholder Management
5 7 (10.94%) Statistical Analysis
6 6 (9.38%) Risk Analysis
7 5 (7.81%) Change Management
7 5 (7.81%) OO
7 5 (7.81%) OOP
7 5 (7.81%) Statistical Modelling
7 5 (7.81%) TDD
8 4 (6.25%) Business Analysis
8 4 (6.25%) Data Architecture
8 4 (6.25%) Risk Analytics
9 3 (4.69%) Migration
9 3 (4.69%) Programme Management
9 3 (4.69%) SDLC
9 3 (4.69%) Time Management
Programming Languages
1 26 (40.63%) C#
2 23 (35.94%) SQL
3 16 (25.00%) C++
4 10 (15.63%) Java
5 6 (9.38%) Python
6 5 (7.81%) R
7 3 (4.69%) MATLAB
7 3 (4.69%) VBA
8 2 (3.13%) C
9 1 (1.56%) F#
9 1 (1.56%) VB.NET
9 1 (1.56%) VC++
Qualifications
1 6 (9.38%) Degree
1 6 (9.38%) PhD
2 5 (7.81%) Security Cleared
3 4 (6.25%) DV Cleared
3 4 (6.25%) SC Cleared
Quality Assurance & Compliance
1 4 (6.25%) IFRS
1 4 (6.25%) IFRS 9
2 2 (3.13%) QA
3 1 (1.56%) Basel III
3 1 (1.56%) CRD IV
3 1 (1.56%) ISO 9000
Vendors
1 9 (14.06%) Microsoft
2 5 (7.81%) Algorithmics
3 3 (4.69%) Cloudera
4 2 (3.13%) IBM
4 2 (3.13%) Oracle
5 1 (1.56%) Cadence
5 1 (1.56%) Sophis
London
Hays London City Cheapside
Rate: £550.00 - £660.00 per day
Posted: Yesterday
West London
Raytheon Systems Ltd
Rate: Daily rate
Posted: 10 days ago