The table below looks at the statistics for Stochastic Calculus skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Stochastic Calculus over the 3 months to 9 December 2016 with a comparison to the same period over 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.

3 months to
9 Dec 2016
Same period 2015 Same period 2014
Stochastic Calculus
Rank 620 639 634
Rank change year-on-year
+19 -5
Contract jobs citing Stochastic Calculus 1 6 3
As % of all contract IT jobs located in the UK 0.002% 0.011% 0.005%
As % of the Processes & Methodologies category 0.002% 0.013% 0.007%
Number of daily rates quoted 1 6 3
Median daily rate £750 £663 £900
Median daily rate % change year-on-year
+13.20% -26.38%
UK excluding London median daily rate - - £1,000
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 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
40912 44753 43508
As % of all contract IT jobs located in the UK 82.54% 81.19% 77.14%
Number of daily rates quoted 27248 29020 28335
Median daily rate £450 £425 £420
Median daily rate % change year-on-year
+5.88% +1.19%
90% offered a daily rate of more than £300 £297 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 1078 1335 1207
Median hourly rate £29.50 £30.15 £25.00
Median hourly rate % change year-on-year
-2.15% +20.60%
90% offered a hourly rate of more than £12.50 £12.35 £11.75
10% offered a hourly rate of more than £50.00 £50.00 £47.50
UK excluding London median hourly rate £30.25 £34.00 £25.00
% change year-on-year
-11.02% +36.00%

Stochastic Calculus
Jobs Demand Trend

The demand trend of contract jobs citing Stochastic Calculus as a proportion of all IT contracts with a match in 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 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Stochastic Calculus within the UK over the 3 months to 9 December 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 +7 1 £750 +13.20% 1
England +3 1 £750 +13.20% 1

Stochastic Calculus
Top 12 Related IT Skills

For the 6 months to 9 December 2016, IT contractor jobs citing Stochastic Calculus also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Stochastic Calculus.

1 3 (75.00%) Market Risk
2 2 (50.00%) Front Office
2 2 (50.00%) Credit Risk
2 2 (50.00%) Credit Risk Modelling
3 1 (25.00%) Back Office
3 1 (25.00%) Risk Management
3 1 (25.00%) C#
3 1 (25.00%) C++
3 1 (25.00%) Monte Carlo Method
3 1 (25.00%) Black-Scholes
3 1 (25.00%) Banking
3 1 (25.00%) French Language

Stochastic Calculus
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:

General
1 2 (50.00%) Front Office
2 1 (25.00%) Back Office
2 1 (25.00%) Banking
2 1 (25.00%) French Language
Job Titles
1 4 (100.00%) Analyst
1 4 (100.00%) Qualitative Analyst
1 4 (100.00%) Quantitative Analyst
2 2 (50.00%) Analyst Developer
2 2 (50.00%) Developer
2 2 (50.00%) Quantitative Analyst Developer
2 2 (50.00%) Quantitative Developer
3 1 (25.00%) Actuarial Analyst
3 1 (25.00%) Actuary
3 1 (25.00%) Market Analyst
3 1 (25.00%) Market Risk Analyst
3 1 (25.00%) Pricing Analyst
3 1 (25.00%) Quantitative Risk Analyst
3 1 (25.00%) Risk Analyst
Miscellaneous
1 3 (75.00%) Market Risk
2 2 (50.00%) Credit Risk
Processes & Methodologies
1 2 (50.00%) Credit Risk Modelling
2 1 (25.00%) Black-Scholes
2 1 (25.00%) Monte Carlo Method
2 1 (25.00%) Risk Management
Programming Languages
1 1 (25.00%) C#
1 1 (25.00%) C++
London
Reed Technology
Rate: £500 - £600 per day
Posted: 2 days ago