The table below looks at the statistics for Quantitative Analysis skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Quantitative Analysis over the 3 months to 26 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
26 Sep 2016
Same period 2015 Same period 2014
Quantitative Analysis
Rank 626 638 621
Rank change year-on-year
+12 -17
Contract jobs citing Quantitative Analysis 29 16 17
As % of all contract IT jobs located in the UK 0.054% 0.028% 0.029%
As % of the Processes & Methodologies category 0.065% 0.035% 0.038%
Number of daily rates quoted 14 12 13
Median daily rate £305 £550 £450
Median daily rate % change year-on-year
-44.54% +22.22%
90% offered a daily rate of more than £290 £364 £388
10% offered a daily rate of more than £378 £575 £700
UK excluding London median daily rate £325 £550 -
% change year-on-year
-40.90% -
Number of hourly rates quoted 1 0 0
Median hourly rate £20.00 - -
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
44605 46363 44678
As % of all contract IT jobs located in the UK 83.11% 81.03% 77.22%
Number of daily rates quoted 29540 30319 27925
Median daily rate £440 £425 £413
Median daily rate % change year-on-year
+3.52% +3.03%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £595 £580 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1156 1285 1224
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 £12.58 £12.50 £12.51
10% offered a hourly rate of more than £50.00 £49.57 £53.50
UK excluding London median hourly rate £32.50 £33.64 £26.00
% change year-on-year
-3.38% +29.38%

Quantitative Analysis
Jobs Demand Trend

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

Quantitative Analysis Jobs Demand Trend in the UK

Quantitative Analysis
Daily Rate Trend

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

Quantitative Analysis Daily Rate Trend in the UK

Quantitative Analysis
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analysis within the UK over the 3 months to 26 September 2016.

Quantitative Analysis Daily Rate Histogram in the UK

Quantitative Analysis
Hourly Rate Trend

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

Quantitative Analysis Hourly Rate Trend in the UK

Quantitative Analysis
Top 13 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Analysis within the UK over the 3 months to 26 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 +21 25 £305 -44.54% 12
London -3 15 £305 -44.54% 7
South East - 9 - -
Berkshire - 5 - -
Buckinghamshire - 3 - -
Milton Keynes - 2 - -
Edinburgh - 2 - -
Scotland - 2 - - 1
Birmingham -8 1 £450 - 1
West Midlands -28 1 £450 - 3
Surrey - 1 - -
City of London - 1 £400 - 4
Maidenhead - 1 - -

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 26 September 2016, IT contractor jobs citing Quantitative 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 Quantitative Analysis.

1 25 (59.52%) Finance
2 22 (52.38%) Analytics
3 13 (30.95%) Python
3 13 (30.95%) Degree
4 11 (26.19%) Data Mining
5 10 (23.81%) Statistics
6 9 (21.43%) Agile Software Development
6 9 (21.43%) SQL
6 9 (21.43%) MS Office
6 9 (21.43%) R
7 8 (19.05%) Tableau
7 8 (19.05%) Analytical Skills
8 7 (16.67%) Performance Improvement
8 7 (16.67%) Java
8 7 (16.67%) Advertising
9 6 (14.29%) Handset
9 6 (14.29%) Telecoms
9 6 (14.29%) E-Commerce
9 6 (14.29%) Business Intelligence
9 6 (14.29%) Adobe
9 6 (14.29%) Web Analytics
9 6 (14.29%) Multivariate Analysis
9 6 (14.29%) Adobe Analytics
9 6 (14.29%) Algorithms
9 6 (14.29%) Actionable Insight
10 5 (11.90%) Predictive Modelling
10 5 (11.90%) Derivative
10 5 (11.90%) Omniture
10 5 (11.90%) Data Analysis
10 5 (11.90%) Mathematics

Quantitative 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 2 (4.76%) SAS
Applications
1 9 (21.43%) MS Office
2 5 (11.90%) MS Excel
3 4 (9.52%) MS PowerPoint
4 2 (4.76%) SPSS
5 1 (2.38%) Spreadsheet
Business Applications
1 3 (7.14%) SAP Oil and Gas
Cloud Services
1 6 (14.29%) Adobe Analytics
2 4 (9.52%) Google Analytics
3 1 (2.38%) Amazon AWS
Database & Business Intelligence
1 11 (26.19%) Data Mining
2 1 (2.38%) Big Data
2 1 (2.38%) BusinessObjects
2 1 (2.38%) Data Warehouse
2 1 (2.38%) KDB
2 1 (2.38%) MS Access
2 1 (2.38%) Power BI
2 1 (2.38%) PowerPivot
General
1 25 (59.52%) Finance
2 7 (16.67%) Advertising
3 6 (14.29%) Telecoms
4 4 (9.52%) Marketing
5 3 (7.14%) Electronics
5 3 (7.14%) Manufacturing
5 3 (7.14%) Retail
6 2 (4.76%) Front Office
7 1 (2.38%) Back Office
7 1 (2.38%) Banking
7 1 (2.38%) Legal
Job Titles
1 24 (57.14%) Analyst
2 7 (16.67%) Data Analyst
3 6 (14.29%) Analytics Manager
3 6 (14.29%) Developer
3 6 (14.29%) Digital Analytics Manager
4 3 (7.14%) Business Analyst
4 3 (7.14%) Commercial Analyst
4 3 (7.14%) Server Analyst
4 3 (7.14%) Technical Analyst
4 3 (7.14%) Technical Test Analyst
4 3 (7.14%) Test Analyst
4 3 (7.14%) Web Analyst
5 2 (4.76%) Customer Analyst
5 2 (4.76%) Customer Insight Analyst
5 2 (4.76%) Insight Analyst
5 2 (4.76%) Quantitative Analyst
5 2 (4.76%) Quantitative Developer
5 2 (4.76%) Software Developer
5 2 (4.76%) Web Analytics Manager
5 2 (4.76%) Web Manager
Libraries, Frameworks & Software Standards
1 5 (11.90%) Apache Flex
2 3 (7.14%) Pandas
2 3 (7.14%) Theano
3 2 (4.76%) scikit-learn
3 2 (4.76%) XGBoost
4 1 (2.38%) JavaFX
4 1 (2.38%) Web Services
Miscellaneous
1 10 (23.81%) Statistics
2 8 (19.05%) Analytical Skills
3 6 (14.29%) Algorithms
3 6 (14.29%) Handset
4 5 (11.90%) Derivative
4 5 (11.90%) Mathematics
4 5 (11.90%) Visualisation
5 4 (9.52%) Computer Science
5 4 (9.52%) Economics
6 3 (7.14%) Physics
7 2 (4.76%) Artificial Intelligence
7 2 (4.76%) Foreign Exchange (FX)
7 2 (4.76%) Management Information System
7 2 (4.76%) Market Risk
7 2 (4.76%) Mobile App
7 2 (4.76%) NHS
7 2 (4.76%) User Experience
8 1 (2.38%) Data Protection Act
8 1 (2.38%) Equity Derivative
8 1 (2.38%) Minimum Viable Product
Operating Systems
1 3 (7.14%) Unix
1 3 (7.14%) VMS
Processes & Methodologies
1 22 (52.38%) Analytics
2 9 (21.43%) Agile Software Development
3 7 (16.67%) Performance Improvement
4 6 (14.29%) Actionable Insight
4 6 (14.29%) Business Intelligence
4 6 (14.29%) E-Commerce
4 6 (14.29%) Multivariate Analysis
4 6 (14.29%) Web Analytics
5 5 (11.90%) Data Analysis
5 5 (11.90%) Predictive Modelling
5 5 (11.90%) Stakeholder Management
6 4 (9.52%) Dashboard Development
6 4 (9.52%) Data Visualisation
6 4 (9.52%) Digital Analytics
6 4 (9.52%) Predictive Analysis
7 3 (7.14%) Deep Learning
7 3 (7.14%) Machine Learning
7 3 (7.14%) Prototyping
7 3 (7.14%) Quantitative Finance
7 3 (7.14%) Spend Analysis
Programming Languages
1 13 (30.95%) Python
2 9 (21.43%) R
2 9 (21.43%) SQL
3 7 (16.67%) Java
4 2 (4.76%) C#
4 2 (4.76%) Haskell
4 2 (4.76%) VBA
5 1 (2.38%) C++
5 1 (2.38%) JavaScript
Qualifications
1 13 (30.95%) Degree
2 1 (2.38%) BPSS Clearance
2 1 (2.38%) DBS Check
2 1 (2.38%) PhD
2 1 (2.38%) Security Cleared
Quality Assurance & Compliance
1 2 (4.76%) Disclosure Scotland
1 2 (4.76%) QA
2 1 (2.38%) Data Quality
Vendors
1 8 (19.05%) Tableau
2 6 (14.29%) Adobe
3 5 (11.90%) Omniture
4 4 (9.52%) Google
5 3 (7.14%) Oracle
5 3 (7.14%) SAP
6 2 (4.76%) BT
7 1 (2.38%) Cognos
7 1 (2.38%) IBM
7 1 (2.38%) Marketo
7 1 (2.38%) Maxymiser
7 1 (2.38%) Microsoft
7 1 (2.38%) MicroStrategy
7 1 (2.38%) Salesforce.com
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