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 July 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 Jul 2016
Same period 2015 Same period 2014
Quant Analyst
Rank 619 613 589
Rank change year-on-year
-6 -24
Contract jobs requiring a Quantitative Analyst 42 29 21
As % of all contract IT jobs located in the UK 0.078% 0.051% 0.039%
As % of the Job Titles category 0.082% 0.054% 0.041%
Number of daily rates quoted 27 15 21
Median daily rate £625 £600 £700
Median daily rate % change year-on-year
+4.16% -14.28%
90% offered a daily rate of more than £463 £399 £500
10% offered a daily rate of more than £770 £740 £775
UK excluding London median daily rate £465 - -
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
51181 53984 51041
As % of all contract IT jobs located in the UK 94.73% 94.77% 94.72%
Number of daily rates quoted 33252 34149 30933
Median daily rate £425 £400 £400
Median daily rate % change year-on-year
+6.25% -
90% offered a daily rate of more than £257 £240 £225
10% offered a daily rate of more than £575 £575 £550
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 1553 2015 2063
Median hourly rate £17.00 £16.60 £16.50
Median hourly rate % change year-on-year
+2.40% +0.60%
90% offered a hourly rate of more than £11.00 £10.85 £10.50
10% offered a hourly rate of more than £45.00 £42.50 £37.50
UK excluding London median hourly rate £16.50 £16.16 £16.10
% change year-on-year
+2.10% +0.37%

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 July 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 July 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 +15 40 £650 +8.33% 9
England +7 40 £650 +8.33% 9
City of London +40 2 £618 +17.61% 2
Edinburgh - 2 £465 -
Scotland - 2 £465 -

Quantitative Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 25 July 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 47 (58.75%) Finance
2 32 (40.00%) Degree
3 30 (37.50%) C++
4 29 (36.25%) C#
5 27 (33.75%) Validation
6 26 (32.50%) Mathematics
7 23 (28.75%) Quantitative Finance
8 21 (26.25%) Front Office
8 21 (26.25%) Python
9 19 (23.75%) Physics
10 18 (22.50%) Risk Management
10 18 (22.50%) Retail
11 17 (21.25%) PhD
12 16 (20.00%) Stress Testing
13 15 (18.75%) Banking
14 12 (15.00%) Fixed Income
14 12 (15.00%) Derivative
15 11 (13.75%) Investment Banking
16 10 (12.50%) Foreign Exchange (FX)
16 10 (12.50%) VBA
16 10 (12.50%) Statistics
16 10 (12.50%) Credit Risk
16 10 (12.50%) Analytics
16 10 (12.50%) Statistical Modelling
17 9 (11.25%) Monte Carlo Method
17 9 (11.25%) Analytical Skills
17 9 (11.25%) Econometric Modelling
18 8 (10.00%) Time Series Analysis
18 8 (10.00%) Market Risk
18 8 (10.00%) Grid Computing

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 7 (8.75%) SAS
2 2 (2.50%) IIS
Applications
1 3 (3.75%) LaTeX
1 3 (3.75%) MS Office
2 2 (2.50%) MS Excel
3 1 (1.25%) Spreadsheet
Cloud Services
1 1 (1.25%) Cloud Computing
Communications & Networking
1 1 (1.25%) HTTP
Database & Business Intelligence
1 3 (3.75%) SQL Server
2 2 (2.50%) SQL Server Integration Services
Development Applications
1 4 (5.00%) HP UFT
1 4 (5.00%) Selenium
2 3 (3.75%) Visual Studio
3 1 (1.25%) TeamCity
General
1 47 (58.75%) Finance
2 21 (26.25%) Front Office
3 18 (22.50%) Retail
4 15 (18.75%) Banking
5 11 (13.75%) Investment Banking
6 2 (2.50%) Financial Institution
7 1 (1.25%) Back Office
7 1 (1.25%) Marketing
Libraries, Frameworks & Software Standards
1 4 (5.00%) .NET
1 4 (5.00%) MSMQ
2 2 (2.50%) Web Services
2 2 (2.50%) WPF
3 1 (1.25%) XSLT
Miscellaneous
1 26 (32.50%) Mathematics
2 19 (23.75%) Physics
3 12 (15.00%) Derivative
3 12 (15.00%) Fixed Income
4 10 (12.50%) Credit Risk
4 10 (12.50%) Foreign Exchange (FX)
4 10 (12.50%) Statistics
5 9 (11.25%) Analytical Skills
6 8 (10.00%) Grid Computing
6 8 (10.00%) Market Risk
7 6 (7.50%) Equities
8 4 (5.00%) Credit Derivative
8 4 (5.00%) Economics
9 2 (2.50%) Algorithms
10 1 (1.25%) Computer Science
10 1 (1.25%) Equity Risk
10 1 (1.25%) Hedge funds
10 1 (1.25%) Interest Rate Derivative
10 1 (1.25%) Swaptions
Operating Systems
1 1 (1.25%) Linux
1 1 (1.25%) Windows
Processes & Methodologies
1 27 (33.75%) Validation
2 23 (28.75%) Quantitative Finance
3 18 (22.50%) Risk Management
4 16 (20.00%) Stress Testing
5 10 (12.50%) Analytics
5 10 (12.50%) Statistical Modelling
6 9 (11.25%) Econometric Modelling
6 9 (11.25%) Monte Carlo Method
7 8 (10.00%) Time Series Analysis
8 7 (8.75%) Performance Optimisation
9 6 (7.50%) Credit Risk Modelling
10 5 (6.25%) Greeks
11 4 (5.00%) Econometrics
11 4 (5.00%) Test Automation
12 3 (3.75%) Numerical Analysis
12 3 (3.75%) Quantitative Analysis
12 3 (3.75%) Quantitative Risk Management
12 3 (3.75%) Risk Analytics
12 3 (3.75%) Statistical Analysis
12 3 (3.75%) Wealth Management
Programming Languages
1 30 (37.50%) C++
2 29 (36.25%) C#
3 21 (26.25%) Python
4 10 (12.50%) VBA
5 7 (8.75%) MATLAB
5 7 (8.75%) R
5 7 (8.75%) SQL
6 2 (2.50%) Ada
6 2 (2.50%) Haskell
7 1 (1.25%) VB
Qualifications
1 32 (40.00%) Degree
2 17 (21.25%) PhD
Quality Assurance & Compliance
1 4 (5.00%) QA
2 1 (1.25%) Basel III
Vendors
1 1 (1.25%) Murex
1 1 (1.25%) Sophis
London
TEKsystems
Rate: £700 - £900 per day
Posted: 3 days ago
London
Hays Finance Technology
Rate: £650.00 - £800.00 per day
Posted: 4 days ago
London
TEKsystems
Rate: £700 - £750 per day
Posted: 4 days ago