The table below looks at the statistics for Stochastic Calculus skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Stochastic Calculus over the 3 months to 5 May 2015 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
5 May 2015
Same period 2014 Same period 2013
Stochastic Calculus
Rank - 576 548
Contract jobs citing Stochastic Calculus 0 6 5
As % of all contract IT jobs located in the UK - 0.011% 0.011%
As % of the Processes & Methodologies category - 0.015% 0.014%
Number of daily rates quoted 0 5 5
Average daily rate
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- £425 £575
Average daily rate % change year-on-year
- -26.08%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

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
42721 40908 35003
As % of all contract IT jobs located in the UK 76.41% 74.95% 73.58%
Number of daily rates quoted 26685 25646 20857
Average daily rate £413 £400 £410
Average daily rate % change year-on-year
+3.12% -2.43%
90% offered a daily rate of more than £282 £275 £275
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £388 £375 £360
% change year-on-year
+3.33% +4.16%
Number of hourly rates quoted 1245 1181 1060
Average hourly rate £29.00 £29.75 £32.00
Average hourly rate % change year-on-year
-2.52% -7.03%
90% offered a hourly rate of more than £12.10 £12.50 £13.50
10% offered a hourly rate of more than £47.88 £50.00 £54.00
UK excluding London average hourly rate £30.00 £30.33 £32.00
% change year-on-year
-1.07% -5.23%

Stochastic Calculus
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Stochastic Calculus within the UK as a proportion of the total demand within the Processes & Methodologies category.

Stochastic Calculus Jobs Demand Trend in the UK

Stochastic Calculus
Daily Rate Trend

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

Stochastic Calculus Daily Rate Trend in the UK

Stochastic Calculus
Top 14 Related IT Skills

For the 6 months to 5 May 2015, IT contractor jobs within the UK citing Stochastic Calculus 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 Stochastic Calculus.

1 2 (100.00%) Validation
1 2 (100.00%) Derivative
1 2 (100.00%) Front Office
2 1 (50.00%) Finance
2 1 (50.00%) Mathematics
2 1 (50.00%) Stress Testing
2 1 (50.00%) Monte Carlo Method
2 1 (50.00%) Algorithms
2 1 (50.00%) Banking
2 1 (50.00%) Investment Banking
2 1 (50.00%) C#
2 1 (50.00%) C++
2 1 (50.00%) PhD
2 1 (50.00%) Foreign Exchange (FX)

Stochastic Calculus
Top Related IT Skills by Category

For the 6 months to 5 May 2015, IT contractor jobs within the UK citing Stochastic Calculus 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 Stochastic Calculus. Up to 20 skills are shown per category.

General
1 2 (100.00%) Front Office
2 1 (50.00%) Finance
2 1 (50.00%) Banking
2 1 (50.00%) Investment Banking
Job Titles
1 2 (100.00%) Developer
1 2 (100.00%) Quantitative Developer
Miscellaneous
1 2 (100.00%) Derivative
2 1 (50.00%) Mathematics
2 1 (50.00%) Algorithms
2 1 (50.00%) Foreign Exchange (FX)
Processes & Methodologies
1 2 (100.00%) Validation
2 1 (50.00%) Stress Testing
2 1 (50.00%) Monte Carlo Method
Programming Languages
1 1 (50.00%) C#
1 1 (50.00%) C++
Qualifications
1 1 (50.00%) PhD