The table below looks at the statistics 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 August 2014 with a comparison to the same period in 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.

Location
3 months to
20 Aug 2014
Same period 2013 Same period 2012
Quantitative Analysis
Rank 579 558 595
Rank change year-on-year
-21 +37
Contract jobs citing Quantitative Analysis 22 17 8
As % of all contract IT jobs located in the UK 0.040% 0.032% 0.014%
As % of the Processes & Methodologies category 0.054% 0.044% 0.019%
Number of daily rates quoted 19 13 5
Average daily rate
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of your Daily Rate
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£450 £438 £400
Average daily rate % change year-on-year
+2.85% +9.37%
90% offered a daily rate of more than £288 £203 £324
10% offered a daily rate of more than £700 £690 £580
UK excluding London average daily rate £400 £313 -
% change year-on-year
+28.00% -
Number of hourly rates quoted 1 0 3
Average hourly rate £14.50 - £12.00
UK excluding London average hourly rate £14.50 - £12.00

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
41079 38998 41722
As % of all contract IT jobs located in the UK 74.15% 73.31% 70.87%
Number of daily rates quoted 25436 23913 24140
Average daily rate £405 £400 £400
Average daily rate % change year-on-year
+1.25% -
90% offered a daily rate of more than £275 £270 £263
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £370 £363
% change year-on-year
+1.35% +2.06%
Number of hourly rates quoted 1126 1046 1483
Average hourly rate £23.00 £27.50 £31.00
Average hourly rate % change year-on-year
-16.36% -11.29%
90% offered a hourly rate of more than £12.50 £12.50 £13.11
10% offered a hourly rate of more than £50.00 £46.00 £45.00
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

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 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 20 August 2014.

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 5 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 August 2014. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
England -22 21 £450 +2.85% 6
London +16 17 £450 +1.40% 6
City of London +27 4 £419 -20.23% 2
Scotland - - - -
Edinburgh - - - -

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 20 August 2014, 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 24 (48.00%) Finance
2 21 (42.00%) Analytics
3 16 (32.00%) SQL
4 12 (24.00%) VBA
4 12 (24.00%) Microsoft
5 11 (22.00%) Degree
5 11 (22.00%) C#
5 11 (22.00%) C++
5 11 (22.00%) Stress Testing
6 10 (20.00%) Statistics
7 9 (18.00%) MS Excel
8 8 (16.00%) Quality Management
8 8 (16.00%) Risk Management
8 8 (16.00%) MS PowerPoint
9 7 (14.00%) Data Analysis
9 7 (14.00%) Marketing
9 7 (14.00%) Data Warehouse
9 7 (14.00%) Data Mining
9 7 (14.00%) SQL Server
10 6 (12.00%) Business Objects
10 6 (12.00%) Market Risk
10 6 (12.00%) Statistical Analysis
10 6 (12.00%) Economics
10 6 (12.00%) Security Cleared
10 6 (12.00%) Test Strategy
11 5 (10.00%) Root Cause Analysis
11 5 (10.00%) SQL Server 2008
11 5 (10.00%) Process Improvement
11 5 (10.00%) Relational Database
11 5 (10.00%) SC Cleared

Quantitative Analysis
Top Related IT Skills by Category

For the 6 months to 20 August 2014, 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 Platforms
1 4 (8.00%) SAS
1 4 (8.00%) WebLogic
Applications
1 9 (18.00%) MS Excel
2 8 (16.00%) MS PowerPoint
3 4 (8.00%) MS Office
4 1 (2.00%) LaTeX
4 1 (2.00%) MS Visio
4 1 (2.00%) SPSS
Business Applications
1 1 (2.00%) Google Analytics
Communications & Networking
1 1 (2.00%) SNA
Database & Business Intelligence
1 7 (14.00%) Data Warehouse
1 7 (14.00%) Data Mining
1 7 (14.00%) SQL Server
2 5 (10.00%) SQL Server 2008
2 5 (10.00%) Relational Database
3 4 (8.00%) SQL Server Reporting Services
4 2 (4.00%) MS Access
4 2 (4.00%) Hadoop
4 2 (4.00%) Big Data
5 1 (2.00%) KDB
5 1 (2.00%) OLAP
5 1 (2.00%) SQLPlus
Development Applications
1 5 (10.00%) JMeter
1 5 (10.00%) LoadRunner
General
1 24 (48.00%) Finance
2 7 (14.00%) Marketing
3 5 (10.00%) Front Office
4 3 (6.00%) Banking
5 2 (4.00%) Manufacturing
5 2 (4.00%) Retail
5 2 (4.00%) Investment Banking
6 1 (2.00%) Multimedia
6 1 (2.00%) Publishing
6 1 (2.00%) Law
6 1 (2.00%) Military
6 1 (2.00%) Financial Institution
6 1 (2.00%) Telecoms
Job Titles
1 30 (60.00%) Analyst
2 12 (24.00%) Data Analyst
3 10 (20.00%) Developer
4 7 (14.00%) Quantitative Analyst
5 6 (12.00%) Quantitative Developer
6 5 (10.00%) Process Analyst
6 5 (10.00%) Business Analyst
6 5 (10.00%) Business Process Analyst
7 4 (8.00%) Test Analyst
7 4 (8.00%) Analyst Developer
7 4 (8.00%) Performance Test Analyst
7 4 (8.00%) Performance Analyst
8 3 (6.00%) SQL Developer
8 3 (6.00%) Product Manager
9 2 (4.00%) Consultant
9 2 (4.00%) Procurement Manager
9 2 (4.00%) SQL Server Developer
9 2 (4.00%) Risk Analyst
9 2 (4.00%) Database Manager
9 2 (4.00%) Data Consultant
Libraries, Frameworks & Software Standards
1 3 (6.00%) J2EE
2 2 (4.00%) COM
3 1 (2.00%) ADO.NET Entity Framework
3 1 (2.00%) .NET Framework
3 1 (2.00%) jQuery
3 1 (2.00%) .NET
Miscellaneous
1 10 (20.00%) Statistics
2 6 (12.00%) Market Risk
2 6 (12.00%) Economics
3 4 (8.00%) Fixed Income
4 3 (6.00%) Visualisation
4 3 (6.00%) Derivative
4 3 (6.00%) Mathematics
4 3 (6.00%) Management Information System
5 2 (4.00%) NHS
5 2 (4.00%) Hedge funds
5 2 (4.00%) Credit Risk
6 1 (2.00%) Mobile App
6 1 (2.00%) Interest Rate Derivative
6 1 (2.00%) Equity Derivative
6 1 (2.00%) Hybrid Derivative
6 1 (2.00%) Applied Mathematics
6 1 (2.00%) Social Network
6 1 (2.00%) Credit Derivative
6 1 (2.00%) Equities
6 1 (2.00%) Client/Server
Operating Systems
1 5 (10.00%) Windows
1 5 (10.00%) Linux
Processes & Methodologies
1 21 (42.00%) Analytics
2 11 (22.00%) Stress Testing
3 8 (16.00%) Quality Management
3 8 (16.00%) Risk Management
4 7 (14.00%) Data Analysis
5 6 (12.00%) Statistical Analysis
5 6 (12.00%) Test Strategy
6 5 (10.00%) Root Cause Analysis
6 5 (10.00%) Process Improvement
6 5 (10.00%) Stochastic Calculus
6 5 (10.00%) Volume Testing
6 5 (10.00%) Scalability Testing
6 5 (10.00%) Load Testing
6 5 (10.00%) Lean Six Sigma
6 5 (10.00%) Econometrics
6 5 (10.00%) Stakeholder Management
6 5 (10.00%) Process Management
6 5 (10.00%) Six Sigma
7 4 (8.00%) Data Modelling
7 4 (8.00%) Migration
Programming Languages
1 16 (32.00%) SQL
2 12 (24.00%) VBA
3 11 (22.00%) C#
3 11 (22.00%) C++
4 5 (10.00%) PowerShell
5 4 (8.00%) Java
6 3 (6.00%) VC++
7 2 (4.00%) Python
8 1 (2.00%) R
8 1 (2.00%) Bash Shell
8 1 (2.00%) C
8 1 (2.00%) MATLAB
Qualifications
1 11 (22.00%) Degree
2 6 (12.00%) Security Cleared
3 5 (10.00%) SC Cleared
4 2 (4.00%) PhD
5 1 (2.00%) DV Cleared
5 1 (2.00%) ISEB
Quality Assurance & Compliance
1 3 (6.00%) QA
2 1 (2.00%) Basel III
Systems Management
1 4 (8.00%) OpenView
2 1 (2.00%) HP Quality Center
Vendors
1 12 (24.00%) Microsoft
2 6 (12.00%) Business Objects
3 5 (10.00%) HP
4 4 (8.00%) Oracle
5 2 (4.00%) TIBCO
5 2 (4.00%) PeopleSoft
5 2 (4.00%) SAP
5 2 (4.00%) Teradata
6 1 (2.00%) Google
6 1 (2.00%) i2
6 1 (2.00%) Mercator
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