The statistics below represent IT contracts advertised across the UK that had Quantitative Analyst featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 25 May 2016 with a comparison to same period over 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
25 May 2016
Same period 2015 Same period 2014
Quant Analyst
Rank 606 615 595
Rank change year-on-year
+9 -20
Contract jobs requiring a Quantitative Analyst 35 23 31
As % of all contract IT jobs located in the UK 0.065% 0.042% 0.059%
As % of the Job Titles category 0.069% 0.045% 0.062%
Number of daily rates quoted 29 22 27
Median daily rate £700 £588 £650
Median daily rate % change year-on-year
+19.14% -9.61%
90% offered a daily rate of more than £460 £425 £425
10% offered a daily rate of more than £825 £750 £760
UK excluding London median daily rate £600 - -
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 Job Titles category in contract jobs advertised across the UK. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
UK
Contract IT job ads with a match in the
Job Titles category
50897 51337 49774
As % of all contract IT jobs located in the UK 94.77% 94.72% 94.43%
Number of daily rates quoted 33216 31650 30786
Median daily rate £425 £400 £395
Median daily rate % change year-on-year
+6.25% +1.26%
90% offered a daily rate of more than £260 £250 £225
10% offered a daily rate of more than £600 £570 £550
UK excluding London median daily rate £400 £375 £350
% change year-on-year
+6.66% +7.14%
Number of hourly rates quoted 1482 2063 2112
Median hourly rate £18.00 £16.72 £17.00
Median hourly rate % change year-on-year
+7.65% -1.64%
90% offered a hourly rate of more than £11.00 £11.00 £10.50
10% offered a hourly rate of more than £44.00 £41.50 £40.00
UK excluding London median hourly rate £17.50 £16.00 £16.50
% change year-on-year
+9.37% -3.03%

Quantitative Analyst
Jobs Demand Trend

The demand trend of IT contracts that featured Quantitative Analyst in the job title.

Quantitative Analyst Jobs Demand Trend in the UK

Quantitative Analyst
Daily Rate Trend

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

Quantitative Analyst Daily Rate Trend in the UK

Quantitative Analyst
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analyst within the UK over the 3 months to 25 May 2016.

Quantitative Analyst Daily Rate Histogram in the UK

Quantitative Analyst
Hourly Rate Trend

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

Quantitative Analyst Hourly Rate Trend in the UK

Quantitative Analyst
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Analyst within the UK over the 3 months to 25 May 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
London +10 32 £700 +19.14% 3
England -5 32 £700 +19.14% 3
Edinburgh - 2 £465 -
Scotland - 2 £465 -
City of London +44 1 £700 +60.91%

Quantitative Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 25 May 2016, Quantitative Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Quantitative Analyst in the job title.

1 46 (66.67%) Finance
2 35 (50.72%) C++
3 30 (43.48%) Mathematics
4 25 (36.23%) C#
5 24 (34.78%) Degree
6 22 (31.88%) Physics
6 22 (31.88%) Python
7 21 (30.43%) PhD
8 20 (28.99%) Validation
9 19 (27.54%) Banking
10 15 (21.74%) Front Office
11 14 (20.29%) Risk Management
12 12 (17.39%) Investment Banking
12 12 (17.39%) Analytical Skills
13 11 (15.94%) Statistical Modelling
13 11 (15.94%) Econometric Modelling
13 11 (15.94%) Market Risk
14 10 (14.49%) Retail
15 9 (13.04%) Derivative
15 9 (13.04%) VBA
15 9 (13.04%) Stress Testing
15 9 (13.04%) Credit Risk
15 9 (13.04%) Analytics
16 8 (11.59%) Time Series Analysis
16 8 (11.59%) MATLAB
16 8 (11.59%) Statistics
17 7 (10.14%) Fixed Income
17 7 (10.14%) SQL
18 6 (8.70%) SAS
18 6 (8.70%) Equities

Quantitative Analyst Skill Set
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 6 (8.70%) SAS
2 2 (2.90%) IIS
Applications
1 3 (4.35%) LaTeX
1 3 (4.35%) MS Office
2 2 (2.90%) MS Excel
2 2 (2.90%) Spreadsheet
Cloud Services
1 2 (2.90%) Cloud Computing
Communications & Networking
1 1 (1.45%) HTTP
Database & Business Intelligence
1 3 (4.35%) SQL Server
2 2 (2.90%) SQL Server Integration Services
Development Applications
1 5 (7.25%) HP UFT
1 5 (7.25%) Selenium
2 3 (4.35%) Visual Studio
General
1 46 (66.67%) Finance
2 19 (27.54%) Banking
3 15 (21.74%) Front Office
4 12 (17.39%) Investment Banking
5 10 (14.49%) Retail
6 2 (2.90%) Financial Institution
6 2 (2.90%) Retail Banking
7 1 (1.45%) Back Office
7 1 (1.45%) Marketing
Libraries, Frameworks & Software Standards
1 5 (7.25%) .NET
1 5 (7.25%) MSMQ
2 2 (2.90%) Web Services
2 2 (2.90%) WPF
2 2 (2.90%) XSLT
Miscellaneous
1 30 (43.48%) Mathematics
2 22 (31.88%) Physics
3 12 (17.39%) Analytical Skills
4 11 (15.94%) Market Risk
5 9 (13.04%) Credit Risk
5 9 (13.04%) Derivative
6 8 (11.59%) Statistics
7 7 (10.14%) Fixed Income
8 6 (8.70%) Equities
9 4 (5.80%) Foreign Exchange (FX)
10 2 (2.90%) Algorithms
10 2 (2.90%) Computer Science
10 2 (2.90%) Credit Derivative
10 2 (2.90%) Economics
10 2 (2.90%) Swaptions
11 1 (1.45%) Equity Derivative
11 1 (1.45%) Hedge funds
Processes & Methodologies
1 20 (28.99%) Validation
2 14 (20.29%) Risk Management
3 11 (15.94%) Econometric Modelling
3 11 (15.94%) Statistical Modelling
4 9 (13.04%) Analytics
4 9 (13.04%) Stress Testing
5 8 (11.59%) Time Series Analysis
6 5 (7.25%) Greeks
6 5 (7.25%) Test Automation
7 4 (5.80%) Risk Analytics
8 3 (4.35%) Econometrics
8 3 (4.35%) Quantitative Risk Management
8 3 (4.35%) Wealth Management
9 2 (2.90%) Asset Management
9 2 (2.90%) Monte Carlo Method
9 2 (2.90%) Quantitative Analysis
9 2 (2.90%) Statistical Analysis
10 1 (1.45%) Customer Insight
10 1 (1.45%) Regression Analysis
10 1 (1.45%) Stochastic Calculus
Programming Languages
1 35 (50.72%) C++
2 25 (36.23%) C#
3 22 (31.88%) Python
4 9 (13.04%) VBA
5 8 (11.59%) MATLAB
6 7 (10.14%) SQL
7 6 (8.70%) R
8 2 (2.90%) Haskell
9 1 (1.45%) C
9 1 (1.45%) VB
Qualifications
1 24 (34.78%) Degree
2 21 (30.43%) PhD
Quality Assurance & Compliance
1 6 (8.70%) QA
2 1 (1.45%) Basel III
Vendors
1 2 (2.90%) Murex
2 1 (1.45%) Algorithmics
2 1 (1.45%) Sophis
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 5 days ago