The first table below looks at the demand for Quantitative Analysis skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Quantitative Analysis over the 3 months to 20 June 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category.

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
20 Jun 2013
Same period 2012 Same period 2011
Quantitative Analysis
Rank 530 571 568
Rank change year-on-year
+41 -3
Contract jobs citing Quantitative Analysis 11 8 22
As % of all contract IT jobs located in the UK 0.022% 0.014% 0.035%
As % of the Processes & Methodologies category 0.032% 0.021% 0.053%
Number of daily rates quoted 3 5 14
Average daily rate £438 £550 £475
Average daily rate % change year-on-year
-20.45% +15.78%
90% offered a daily rate of more than £200 £314 £155
10% offered a daily rate of more than £568 £840 £668
UK excluding London average daily rate - £350 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Processes & Methodologies
UK
Contract IT job ads with a match in the
Processes & Methodologies category
34756 39006 41867
As % of all contract IT jobs located in the UK 71.08% 68.24% 67.33%
Number of daily rates quoted 20821 22293 23938
Average daily rate £413 £400 £425
Average daily rate % change year-on-year
+3.12% -5.88%
90% offered a daily rate of more than £270 £275 £273
10% offered a daily rate of more than £575 £579 £600
UK excluding London average daily rate £370 £363 £375
% change year-on-year
+2.06% -3.33%
Number of hourly rates quoted 1005 1238 1439
Average hourly rate £29.92 £25.00 £29.00
Average hourly rate % change year-on-year
+19.68% -13.79%
90% offered a hourly rate of more than £13.00 £12.98 £13.00
10% offered a hourly rate of more than £48.84 £45.00 £46.00
UK excluding London average hourly rate £30.50 £25.00 £29.00
% change year-on-year
+22.00% -13.79%

Quantitative Analysis
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Quantitative Analysis within the UK as a proportion of the total demand within the Processes & Methodologies category.

Quantitative Analysis Jobs Demand Trend

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

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 20 June 2013.

Quantitative Analysis Daily Rate Histogram

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

Quantitative Analysis
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quantitative Analysis within the UK over the 3 months to 20 June 2013. 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 each for more statistics)
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
Find
Job
Vacancies
England +34 11 £438 -20.45% 5
London +28 11 £438 -23.91% 3
City of London -2 1 £600 +34.83% 1
South East - - - - 1
Maidenhead - - - -
Reading - - - -
Berkshire - - - -
Hampshire - - - -
Oxfordshire - - - - 1

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 20 June 2013, IT contractor jobs within the UK citing Quantitative Analysis 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 Quantitative Analysis.

1 18 (64.29%) SQL
1 18 (64.29%) Microsoft
2 14 (50.00%) Finance
2 14 (50.00%) Banking
3 13 (46.43%) VBA
4 11 (39.29%) MS Access
4 11 (39.29%) Degree
4 11 (39.29%) Market Risk
5 9 (32.14%) Front Office
6 8 (28.57%) SAS
6 8 (28.57%) Analytics
7 7 (25.00%) Marketing
7 7 (25.00%) MS Excel
7 7 (25.00%) Risk Management
8 6 (21.43%) Validation
9 5 (17.86%) Project Management
9 5 (17.86%) Business Intelligence
9 5 (17.86%) Data Mining
9 5 (17.86%) MS Office
9 5 (17.86%) PRINCE2
10 4 (14.29%) Oracle
10 4 (14.29%) SQL Server
10 4 (14.29%) Data Modelling
10 4 (14.29%) Data Analysis
10 4 (14.29%) Business Analysis
10 4 (14.29%) Credit Risk
10 4 (14.29%) Derivative
11 3 (10.71%) Spotfire
11 3 (10.71%) Data Architecture
11 3 (10.71%) Social Media

Quantitative Analysis
Top Related IT Skills by Category

For the 6 months to 20 June 2013, IT contractor jobs within the UK citing Quantitative Analysis 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 Quantitative Analysis. Up to 20 skills are shown per category.

Application Development
1 2 (7.143%) MDX
2 1 (3.571%) .NET
Application Platforms
1 8 (28.57%) SAS
Applications
1 7 (25.00%) MS Excel
2 5 (17.86%) MS Office
3 2 (7.143%) SPSS
4 1 (3.571%) MS Project
Database & Business Intelligence
1 11 (39.29%) MS Access
2 5 (17.86%) Data Mining
3 4 (14.29%) SQL Server
4 3 (10.71%) Spotfire
4 3 (10.71%) SAP HANA
4 3 (10.71%) SAP BI
4 3 (10.71%) SAP BW
4 3 (10.71%) BusinessObjects
5 2 (7.143%) Oracle Reports
5 2 (7.143%) OLAP
5 2 (7.143%) Oracle 10g
5 2 (7.143%) Microsoft Analysis Services
5 2 (7.143%) Big Data
5 2 (7.143%) SQL Server Analysis Services
5 2 (7.143%) Oracle OLAP
5 2 (7.143%) Oracle 11g
General
1 14 (50.00%) Finance
1 14 (50.00%) Banking
2 9 (32.14%) Front Office
3 7 (25.00%) Marketing
4 3 (10.71%) Investment Banking
4 3 (10.71%) Manufacturing
Job Titles
1 16 (57.14%) Analyst
2 4 (14.29%) Developer
2 4 (14.29%) Data Analyst
3 3 (10.71%) Senior Analyst
4 2 (7.143%) Project Manager
4 2 (7.143%) Business Analyst
4 2 (7.143%) Business Intelligence Developer
4 2 (7.143%) Senior Data Analyst
4 2 (7.143%) C# Developer
4 2 (7.143%) NHS Data Analyst
4 2 (7.143%) Banking Business Analyst
4 2 (7.143%) Credit Risk Analyst
5 1 (3.571%) Financial Services Business Analyst
5 1 (3.571%) Lead Business Analyst
5 1 (3.571%) Technical Business Analyst
5 1 (3.571%) Technical Analyst
5 1 (3.571%) IT Project Manager
5 1 (3.571%) Quantitative Analyst
5 1 (3.571%) Financial Business Analyst
5 1 (3.571%) Market Risk Analyst
Miscellaneous
1 11 (39.29%) Market Risk
2 4 (14.29%) Credit Risk
2 4 (14.29%) Derivative
3 3 (10.71%) Social Media
3 3 (10.71%) Visualisation
3 3 (10.71%) Fixed Income
4 2 (7.143%) NHS
4 2 (7.143%) Credit Derivative
4 2 (7.143%) Statistics
4 2 (7.143%) Mathematics
5 1 (3.571%) Hedge funds
Processes & Methodologies
1 8 (28.57%) Analytics
2 7 (25.00%) Risk Management
3 6 (21.43%) Validation
4 5 (17.86%) Project Management
4 5 (17.86%) Business Intelligence
4 5 (17.86%) PRINCE2
5 4 (14.29%) Data Modelling
5 4 (14.29%) Data Analysis
5 4 (14.29%) Business Analysis
6 3 (10.71%) Data Architecture
6 3 (10.71%) Data Visualisation
6 3 (10.71%) Business Analytics
6 3 (10.71%) Enterprise Architecture
6 3 (10.71%) SOA
6 3 (10.71%) OO
7 2 (7.143%) CHAID
7 2 (7.143%) ETL
7 2 (7.143%) SEO
7 2 (7.143%) Change Management
7 2 (7.143%) Information Management
Programming Languages
1 18 (64.29%) SQL
2 13 (46.43%) VBA
3 3 (10.71%) C++
4 2 (7.143%) PL/SQL
4 2 (7.143%) C#
4 2 (7.143%) R
5 1 (3.571%) T-SQL
5 1 (3.571%) Python
Qualifications
1 11 (39.29%) Degree
Quality Assurance & Compliance
1 1 (3.571%) QA
Vendors
1 18 (64.29%) Microsoft
2 4 (14.29%) Oracle
3 3 (10.71%) Tableau
3 3 (10.71%) TIBCO
3 3 (10.71%) MicroStrategy
3 3 (10.71%) SAP
3 3 (10.71%) Business Objects