The table below looks at the statistics for Numerical Analysis skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Numerical Analysis over the 3 months to 29 September 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
29 Sep 2016
Same period 2015 Same period 2014
Numerical Analysis
Rank 651 655 635
Rank change year-on-year
+4 -20
Contract jobs citing Numerical Analysis 2 8 4
As % of all contract IT jobs located in the UK 0.004% 0.014% 0.007%
As % of the Processes & Methodologies category 0.005% 0.017% 0.009%
Number of daily rates quoted 1 5 2
Median daily rate £400 £650 £465
Median daily rate % change year-on-year
-38.46% +39.78%
UK excluding London median daily rate - - -
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
44351 47009 44831
As % of all contract IT jobs located in the UK 83.10% 81.05% 77.18%
Number of daily rates quoted 29387 30697 28094
Median daily rate £438 £425 £410
Median daily rate % change year-on-year
+2.94% +3.65%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £590 £583 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1162 1306 1225
Median hourly rate £31.75 £32.50 £24.00
Median hourly rate % change year-on-year
-2.30% +35.41%
90% offered a hourly rate of more than £12.58 £12.50 £12.51
10% offered a hourly rate of more than £50.00 £50.00 £53.50
UK excluding London median hourly rate £32.66 £34.00 £26.00
% change year-on-year
-3.95% +30.76%

Numerical Analysis
Jobs Demand Trend

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

Numerical Analysis Jobs Demand Trend in the UK

Numerical Analysis
Daily Rate Trend

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

Numerical Analysis Daily Rate Trend in the UK

Numerical Analysis
Hourly Rate Trend

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

Numerical Analysis Hourly Rate Trend in the UK

Numerical Analysis
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Numerical Analysis within the UK over the 3 months to 29 September 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 +6 2 £400 -38.46% 2
North West +9 1 - -
London -10 1 £400 -38.46% 2

Numerical Analysis
Top 30 Related IT Skills

For the 6 months to 29 September 2016, IT contractor jobs citing Numerical Analysis 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 Numerical Analysis.

1 7 (77.78%) Mathematics
2 5 (55.56%) Finance
3 4 (44.44%) Risk Management
3 4 (44.44%) Fixed Income
3 4 (44.44%) Grid Computing
3 4 (44.44%) C#
3 4 (44.44%) PhD
3 4 (44.44%) Foreign Exchange (FX)
3 4 (44.44%) Credit Derivative
3 4 (44.44%) Derivative
3 4 (44.44%) Statistics
3 4 (44.44%) Quantitative Finance
4 3 (33.33%) Monte Carlo Method
4 3 (33.33%) Performance Optimisation
4 3 (33.33%) Business Intelligence
4 3 (33.33%) Python
5 2 (22.22%) SQL
5 2 (22.22%) SQL Server
5 2 (22.22%) MATLAB
5 2 (22.22%) Teradata
6 1 (11.11%) Game Theory
6 1 (11.11%) Time Series Analysis
6 1 (11.11%) Analytical Skills
6 1 (11.11%) Data Structures
6 1 (11.11%) Linear Regression
6 1 (11.11%) Data Extraction
6 1 (11.11%) SQL Server 2008
6 1 (11.11%) Visualisation
6 1 (11.11%) Open Source
6 1 (11.11%) Predictive Modelling

Numerical Analysis
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 (11.11%) Apache Pig
1 1 (11.11%) SAS
Applications
1 1 (11.11%) MS Excel
1 1 (11.11%) SPSS
Business Applications
1 1 (11.11%) SAP Oil and Gas
Database & Business Intelligence
1 2 (22.22%) SQL Server
2 1 (11.11%) Mahout
2 1 (11.11%) MS Access
2 1 (11.11%) Oracle Reports
2 1 (11.11%) SQL Server 2008
2 1 (11.11%) SQL Server Reporting Services
General
1 5 (55.56%) Finance
2 1 (11.11%) Electronics
2 1 (11.11%) Games
2 1 (11.11%) Local Government
2 1 (11.11%) Manufacturing
2 1 (11.11%) Marketing
2 1 (11.11%) Retail
2 1 (11.11%) Telecoms
Job Titles
1 4 (44.44%) Analyst
1 4 (44.44%) Developer
1 4 (44.44%) Quantitative Developer
2 2 (22.22%) C# Developer
2 2 (22.22%) C# Quant Developer
2 2 (22.22%) MATLAB Developer
2 2 (22.22%) Python Developer
2 2 (22.22%) Qualitative Analyst
2 2 (22.22%) Quantitative Analyst
2 2 (22.22%) Quantitative Risk Analyst
2 2 (22.22%) Risk Analyst
3 1 (11.11%) Business Intelligence Analyst
3 1 (11.11%) Data Analyst
3 1 (11.11%) Data Scientist
3 1 (11.11%) SQL Analyst
3 1 (11.11%) SQL Data Analyst
3 1 (11.11%) SSRS Analyst
3 1 (11.11%) Teradata Analyst
Libraries, Frameworks & Software Standards
1 1 (11.11%) D3.js
Miscellaneous
1 7 (77.78%) Mathematics
2 4 (44.44%) Credit Derivative
2 4 (44.44%) Derivative
2 4 (44.44%) Fixed Income
2 4 (44.44%) Foreign Exchange (FX)
2 4 (44.44%) Grid Computing
2 4 (44.44%) Statistics
3 1 (11.11%) Analytical Skills
3 1 (11.11%) Computer Science
3 1 (11.11%) Data Extraction
3 1 (11.11%) Data Structures
3 1 (11.11%) Visualisation
Processes & Methodologies
1 4 (44.44%) Quantitative Finance
1 4 (44.44%) Risk Management
2 3 (33.33%) Business Intelligence
2 3 (33.33%) Monte Carlo Method
2 3 (33.33%) Performance Optimisation
3 1 (11.11%) Analytics
3 1 (11.11%) Cluster Analysis
3 1 (11.11%) Data Modelling
3 1 (11.11%) Digital Marketing
3 1 (11.11%) Game Theory
3 1 (11.11%) Linear Regression
3 1 (11.11%) Open Source
3 1 (11.11%) Operations Research
3 1 (11.11%) Predictive Modelling
3 1 (11.11%) Programme Management
3 1 (11.11%) Project Management
3 1 (11.11%) Regression Analysis
3 1 (11.11%) Service Delivery
3 1 (11.11%) Statistical Analysis
3 1 (11.11%) Time Series Analysis
Programming Languages
1 4 (44.44%) C#
2 3 (33.33%) Python
3 2 (22.22%) MATLAB
3 2 (22.22%) SQL
4 1 (11.11%) C
4 1 (11.11%) R
Qualifications
1 4 (44.44%) PhD
2 1 (11.11%) Degree
Vendors
1 2 (22.22%) Teradata
2 1 (11.11%) Oracle
2 1 (11.11%) SAP
2 1 (11.11%) Tableau