The first table below looks at the demand for the Quantitative Analyst role in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Quantitative Analyst in their job title over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Job Titles currently tracked.

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
18 Apr 2014
Same period 2013 Same period 2012
Quant Analyst
Rank 556 529 564
Rank change year-on-year
-27 +35
Contract jobs requiring a Quantitative Analyst 31 15 24
As % of all contract IT jobs located in the UK 0.055% 0.031% 0.040%
As % of the Job Titles category 0.060% 0.034% 0.043%
Number of daily rates quoted 27 15 20
Average daily rate £650 £575 £600
Average daily rate % change year-on-year
+13.04% -4.16%
90% offered a daily rate of more than £425 £500 £398
10% offered a daily rate of more than £700 £700 £663
UK excluding London average daily rate £425 - £493
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Job Titles Category
UK
Contract IT job ads with a match in the
Job Titles category
51949 44129 56219
As % of all contract IT jobs located in the UK 92.27% 92.47% 92.70%
Number of daily rates quoted 31578 25274 30920
Average daily rate £390 £400 £400
Average daily rate % change year-on-year
-2.50% -
90% offered a daily rate of more than £230 £238 £238
10% offered a daily rate of more than £550 £575 £575
UK excluding London average daily rate £350 £350 £350
% change year-on-year
+0.14% -0.14%
Number of hourly rates quoted 2083 2186 2628
Average hourly rate £17.50 £17.87 £19.50
Average hourly rate % change year-on-year
-2.04% -8.38%
90% offered a hourly rate of more than £11.00 £11.00 £11.37
10% offered a hourly rate of more than £42.50 £40.00 £40.00
UK excluding London average hourly rate £17.00 £17.45 £19.21
% change year-on-year
-2.57% -9.16%

Quantitative Analyst
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Quantitative Analyst in the job title within the UK as a proportion of the total demand within the Job Titles category.

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 18 April 2014.

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 6 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quantitative Analyst within the UK over the 3 months to 18 April 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
(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 -71 31 £650 +13.04% 5
London -10 28 £650 +13.04% 5
City of London 0 14 £650 +52.94% 2
South East - 3 £425 -
Reading - 3 £425 -
Berkshire - 3 £425 -

Quantitative Analyst
Top 30 Related IT Skills

For the 6 months to 18 April 2014, IT contractor jobs within the UK that cited Quantitative Analyst in their job title 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 with Quantitative Analyst in their job title.

1 34 (70.83%) C++
2 33 (68.75%) Finance
3 30 (62.50%) Analytics
4 24 (50.00%) PhD
5 22 (45.83%) Mathematics
6 19 (39.58%) SQL
7 17 (35.42%) Derivative
8 15 (31.25%) Statistical Analysis
9 13 (27.08%) Risk Management
9 13 (27.08%) Validation
10 12 (25.00%) MBA
10 12 (25.00%) C#
10 12 (25.00%) Python
11 10 (20.83%) Market Risk
12 9 (18.75%) Credit Risk
13 8 (16.67%) Quantitative Analysis
14 7 (14.58%) Front Office
14 7 (14.58%) Foreign Exchange (FX)
14 7 (14.58%) VBA
15 6 (12.50%) Degree
15 6 (12.50%) Stress Testing
15 6 (12.50%) Statistics
16 5 (10.42%) Banking
16 5 (10.42%) Economics
16 5 (10.42%) Stochastic Calculus
16 5 (10.42%) Fixed Income
16 5 (10.42%) Greeks
16 5 (10.42%) Visualisation
17 4 (8.33%) R
17 4 (8.33%) Econometrics

Quantitative Analyst
Top Related IT Skills by Category

For the 6 months to 18 April 2014, IT contractor jobs within the UK that cited Quantitative Analyst in their job title 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 with Quantitative Analyst in their job title. Up to 20 skills are shown per category.

Application Platforms
1 1 (2.08%) SAS
Applications
1 1 (2.08%) Spreadsheet
1 1 (2.08%) MS PowerPoint
1 1 (2.08%) MS Visio
1 1 (2.08%) MS Excel
1 1 (2.08%) S-PLUS
Business Applications
1 3 (6.25%) Summit
Development Applications
1 1 (2.08%) Cucumber
1 1 (2.08%) Selenium
General
1 33 (68.75%) Finance
2 7 (14.58%) Front Office
3 5 (10.42%) Banking
4 4 (8.33%) Investment Banking
4 4 (8.33%) Marketing
5 2 (4.17%) Legal
6 1 (2.08%) Financial Institution
Miscellaneous
1 22 (45.83%) Mathematics
2 17 (35.42%) Derivative
3 10 (20.83%) Market Risk
4 9 (18.75%) Credit Risk
5 7 (14.58%) Foreign Exchange (FX)
6 6 (12.50%) Statistics
7 5 (10.42%) Economics
7 5 (10.42%) Fixed Income
7 5 (10.42%) Visualisation
8 3 (6.25%) Data Extraction
8 3 (6.25%) Physics
9 1 (2.08%) Equity Derivative
Operating Systems
1 2 (4.17%) UNIX
Processes & Methodologies
1 30 (62.50%) Analytics
2 15 (31.25%) Statistical Analysis
3 13 (27.08%) Risk Management
3 13 (27.08%) Validation
4 8 (16.67%) Quantitative Analysis
5 6 (12.50%) Stress Testing
6 5 (10.42%) Stochastic Calculus
6 5 (10.42%) Greeks
7 4 (8.33%) Econometrics
8 3 (6.25%) Monte Carlo Method
8 3 (6.25%) Scrum
9 1 (2.08%) User Stories
9 1 (2.08%) Continuous Improvement
9 1 (2.08%) Agile Software Development
9 1 (2.08%) Business Analysis
9 1 (2.08%) Software Testing
9 1 (2.08%) Manual Testing
9 1 (2.08%) Investment Management
9 1 (2.08%) Wealth Management
9 1 (2.08%) Project Management
Programming Languages
1 34 (70.83%) C++
2 19 (39.58%) SQL
3 12 (25.00%) C#
3 12 (25.00%) Python
4 7 (14.58%) VBA
5 4 (8.33%) R
5 4 (8.33%) Java
6 2 (4.17%) Perl
7 1 (2.08%) Ruby
7 1 (2.08%) MATLAB
Qualifications
1 24 (50.00%) PhD
2 12 (25.00%) MBA
3 6 (12.50%) Degree
4 1 (2.08%) CFA
4 1 (2.08%) ISEB
Quality Assurance & Compliance
1 2 (4.17%) Basel III
1 2 (4.17%) CRD IV
2 1 (2.08%) Dodd-Frank
2 1 (2.08%) Solvency II
2 1 (2.08%) QA
2 1 (2.08%) Basel II
Vendors
1 1 (2.08%) Microsoft
City of London
Argyll Scott
Rate: £600 - £800 per day
Posted: 3 days ago
London
Kite Consulting Group Limited
Posted: 5 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 12 days ago
City of London
Real Staffing
Rate: £600 - £800 per day
Posted: 22 days ago