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 24 July 2014 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
24 Jul 2014
Same period 2013 Same period 2012
Quantitative Analysis
Rank 570 559 574
Rank change year-on-year
-11 +15
Contract jobs citing Quantitative Analysis 20 11 10
As % of all contract IT jobs located in the UK 0.037% 0.022% 0.017%
As % of the Processes & Methodologies category 0.049% 0.030% 0.025%
Number of daily rates quoted 15 10 7
Average daily rate
Keep up to 90%
of your Daily Rate
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£450 £488 £400
Average daily rate % change year-on-year
-7.69% +21.87%
90% offered a daily rate of more than £264 £175 £326
10% offered a daily rate of more than £715 £700 £760
UK excluding London average daily rate £400 - £350
Number of hourly rates quoted 1 0 2
Average hourly rate £14.50 - £10.75
UK excluding London average hourly rate £14.50 - £10.75
Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
40540 37166 40747
As % of all contract IT jobs located in the UK 74.11% 72.91% 70.43%
Number of daily rates quoted 25134 22527 23434
Average daily rate £400 £403 £400
Average daily rate % change year-on-year
-0.62% +0.62%
90% offered a daily rate of more than £275 £270 £268
10% offered a daily rate of more than £555 £575 £575
UK excluding London average daily rate £375 £375 £363
% change year-on-year
- +3.44%
Number of hourly rates quoted 1157 1072 1446
Average hourly rate £25.00 £30.00 £30.56
Average hourly rate % change year-on-year
-16.66% -1.83%
90% offered a hourly rate of more than £12.50 £12.50 £13.42
10% offered a hourly rate of more than £47.50 £48.00 £46.90
UK excluding London average hourly rate £26.50 £31.00 £32.00
% change year-on-year
-14.51% -3.12%

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 24 July 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 24 July 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 -9 18 £450 -7.69% 12
London +9 14 £550 +12.82% 12
City of London +22 4 £575 +2.22% 6
Scotland - - - -
Edinburgh - - - -

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 24 July 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 28 (50.91%) Finance
2 23 (41.82%) Analytics
3 16 (29.09%) SQL
4 14 (25.45%) C++
4 14 (25.45%) Degree
5 12 (21.82%) C#
5 12 (21.82%) VBA
6 11 (20.00%) Marketing
6 11 (20.00%) Stress Testing
7 10 (18.18%) Microsoft
8 9 (16.36%) Data Warehouse
8 9 (16.36%) Statistical Analysis
9 8 (14.55%) Data Mining
9 8 (14.55%) SQL Server
9 8 (14.55%) Risk Management
10 7 (12.73%) Business Objects
10 7 (12.73%) Windows
10 7 (12.73%) Linux
10 7 (12.73%) Data Analysis
10 7 (12.73%) Statistics
11 6 (10.91%) Market Risk
11 6 (10.91%) Economics
11 6 (10.91%) Security Cleared
11 6 (10.91%) SQL Server 2008
11 6 (10.91%) Test Strategy
11 6 (10.91%) Relational Database
12 5 (9.09%) Load Testing
12 5 (9.09%) PowerShell
12 5 (9.09%) Visualisation
12 5 (9.09%) Volume Testing

Quantitative Analysis
Top Related IT Skills by Category

For the 6 months to 24 July 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 (7.27%) WebLogic
1 4 (7.27%) SAS
Applications
1 5 (9.09%) MS Excel
1 5 (9.09%) MS Office
2 4 (7.27%) MS PowerPoint
3 1 (1.82%) LaTeX
3 1 (1.82%) MS Visio
3 1 (1.82%) SPSS
Business Applications
1 1 (1.82%) Google Analytics
Communications & Networking
1 1 (1.82%) SNA
Database & Business Intelligence
1 9 (16.36%) Data Warehouse
2 8 (14.55%) Data Mining
2 8 (14.55%) SQL Server
3 6 (10.91%) SQL Server 2008
3 6 (10.91%) Relational Database
4 5 (9.09%) SQL Server Reporting Services
5 2 (3.64%) MS Access
5 2 (3.64%) Big Data
5 2 (3.64%) Hadoop
6 1 (1.82%) KDB
6 1 (1.82%) Oracle BI EE
6 1 (1.82%) Oracle ODI
6 1 (1.82%) OLAP
6 1 (1.82%) SQLPlus
Development Applications
1 5 (9.09%) JMeter
1 5 (9.09%) LoadRunner
General
1 28 (50.91%) Finance
2 11 (20.00%) Marketing
3 5 (9.09%) Front Office
4 3 (5.45%) Banking
5 2 (3.64%) Manufacturing
5 2 (3.64%) Retail
5 2 (3.64%) Investment Banking
6 1 (1.82%) Multimedia
6 1 (1.82%) Publishing
6 1 (1.82%) Law
6 1 (1.82%) Military
6 1 (1.82%) Telecoms
Job Titles
1 29 (52.73%) Analyst
2 13 (23.64%) Developer
3 12 (21.82%) Data Analyst
4 9 (16.36%) Quantitative Analyst
5 8 (14.55%) Quantitative Developer
6 4 (7.27%) Test Analyst
6 4 (7.27%) Analyst Developer
6 4 (7.27%) SQL Developer
6 4 (7.27%) Performance Analyst
6 4 (7.27%) Performance Test Analyst
7 3 (5.45%) C++ Quantitative Developer
7 3 (5.45%) SQL Server Developer
7 3 (5.45%) Product Manager
7 3 (5.45%) C++ Developer
7 3 (5.45%) Consultant
7 3 (5.45%) Business Analyst
8 2 (3.64%) Procurement Manager
8 2 (3.64%) Risk Analyst
8 2 (3.64%) Marketing Manager
8 2 (3.64%) Data Consultant
Libraries, Frameworks & Software Standards
1 3 (5.45%) J2EE
2 2 (3.64%) COM
2 2 (3.64%) MapReduce
3 1 (1.82%) ADO.NET Entity Framework
3 1 (1.82%) jQuery
3 1 (1.82%) .NET Framework
3 1 (1.82%) .NET
Miscellaneous
1 7 (12.73%) Statistics
2 6 (10.91%) Market Risk
2 6 (10.91%) Economics
3 5 (9.09%) Visualisation
3 5 (9.09%) Fixed Income
4 4 (7.27%) Mathematics
5 3 (5.45%) Derivative
5 3 (5.45%) Management Information System
6 2 (3.64%) NHS
6 2 (3.64%) Social Media
6 2 (3.64%) Hedge funds
6 2 (3.64%) Data Extraction
6 2 (3.64%) Credit Risk
7 1 (1.82%) Oracle Exalytics
7 1 (1.82%) Mobile App
7 1 (1.82%) Hybrid Derivative
7 1 (1.82%) Social Network
7 1 (1.82%) Applied Mathematics
7 1 (1.82%) Interest Rate Derivative
7 1 (1.82%) Equity Derivative
Operating Systems
1 7 (12.73%) Windows
1 7 (12.73%) Linux
Processes & Methodologies
1 23 (41.82%) Analytics
2 11 (20.00%) Stress Testing
3 9 (16.36%) Statistical Analysis
4 8 (14.55%) Risk Management
5 7 (12.73%) Data Analysis
6 6 (10.91%) Test Strategy
7 5 (9.09%) Load Testing
7 5 (9.09%) Volume Testing
7 5 (9.09%) Scalability Testing
7 5 (9.09%) Integration Testing
7 5 (9.09%) User Acceptance Testing
7 5 (9.09%) Stochastic Calculus
7 5 (9.09%) Econometrics
7 5 (9.09%) Migration
8 4 (7.27%) Quality Management
8 4 (7.27%) Data Modelling
8 4 (7.27%) Data Management
8 4 (7.27%) Data Architecture
8 4 (7.27%) Greeks
9 3 (5.45%) Financial Modelling
Programming Languages
1 16 (29.09%) SQL
2 14 (25.45%) C++
3 12 (21.82%) C#
3 12 (21.82%) VBA
4 5 (9.09%) PowerShell
4 5 (9.09%) Java
5 4 (7.27%) VC++
5 4 (7.27%) Python
6 2 (3.64%) Perl
7 1 (1.82%) Bash Shell
7 1 (1.82%) R
7 1 (1.82%) C
7 1 (1.82%) MATLAB
Qualifications
1 14 (25.45%) Degree
2 6 (10.91%) Security Cleared
3 5 (9.09%) SC Cleared
4 4 (7.27%) PhD
5 1 (1.82%) DV Cleared
5 1 (1.82%) ISEB
Quality Assurance & Compliance
1 3 (5.45%) Basel III
2 2 (3.64%) QA
Systems Management
1 4 (7.27%) OpenView
2 1 (1.82%) HP Quality Center
Vendors
1 10 (18.18%) Microsoft
2 7 (12.73%) Business Objects
3 5 (9.09%) Oracle
3 5 (9.09%) HP
4 2 (3.64%) TIBCO
4 2 (3.64%) PeopleSoft
4 2 (3.64%) SAP
4 2 (3.64%) Teradata
5 1 (1.82%) Google
5 1 (1.82%) Mercator
5 1 (1.82%) i2
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