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 February 2016 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 Feb 2016
Same period 2015 Same period 2014
Stochastic Calculus
Rank 618 599 578
Rank change year-on-year
-19 -21
Contract jobs citing Stochastic Calculus 1 2 1
As % of all contract IT jobs located in the UK 0.002% 0.004% 0.002%
As % of the Processes & Methodologies category 0.002% 0.005% 0.003%
Number of daily rates quoted 1 2 0
Average daily rate £688 £863 -
Average daily rate % change year-on-year
-20.28% -
UK excluding London average daily rate - £1,000 -
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
41710 39321 37141
As % of all contract IT jobs located in the UK 81.10% 77.61% 76.47%
Number of daily rates quoted 27291 25151 22514
Average daily rate £425 £422 £400
Average daily rate % change year-on-year
+0.73% +5.47%
90% offered a daily rate of more than £300 £285 £270
10% offered a daily rate of more than £600 £575 £575
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1208 1037 1128
Average hourly rate £39.31 £26.00 £27.50
Average hourly rate % change year-on-year
+51.17% -5.45%
90% offered a hourly rate of more than £13.00 £12.00 £12.50
10% offered a hourly rate of more than £57.00 £46.50 £52.40
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

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 2 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Stochastic Calculus within the UK over the 3 months to 5 February 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
England -1 1 £688 -20.28% 6
London -6 1 £688 -5.17% 6

Stochastic Calculus
Top 20 Related IT Skills

For the 6 months to 5 February 2016, 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 7 (87.50%) PhD
1 7 (87.50%) C++
1 7 (87.50%) Finance
1 7 (87.50%) Mathematics
1 7 (87.50%) Physics
1 7 (87.50%) Derivative
1 7 (87.50%) Statistics
2 6 (75.00%) Monte Carlo Method
2 6 (75.00%) Numerical Analysis
2 6 (75.00%) Degree
2 6 (75.00%) VBA
3 4 (50.00%) Analytics
3 4 (50.00%) Probability Theory
3 4 (50.00%) Market Risk
4 3 (37.50%) Banking
4 3 (37.50%) Risk Management
4 3 (37.50%) Investment Banking
5 1 (12.50%) Front Office
5 1 (12.50%) Python
5 1 (12.50%) Fixed Income

Stochastic Calculus
Top Related IT Skills by Category

For the 6 months to 5 February 2016, 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 7 (87.50%) Finance
2 3 (37.50%) Banking
2 3 (37.50%) Investment Banking
3 1 (12.50%) Front Office
Job Titles
1 4 (50.00%) Analyst
1 4 (50.00%) Developer
2 3 (37.50%) Quantitative Analyst
3 2 (25.00%) C++ Developer
3 2 (25.00%) Financial Analyst
3 2 (25.00%) Quantitative Developer
3 2 (25.00%) Risk Analyst
4 1 (12.50%) Banking Analyst
4 1 (12.50%) C++ Quantitative Developer
4 1 (12.50%) Investment Banking C++ Developer
4 1 (12.50%) Quantitative Risk Analyst
4 1 (12.50%) VBA Developer
4 1 (12.50%) VBA Quantitative Developer
Miscellaneous
1 7 (87.50%) Derivative
1 7 (87.50%) Mathematics
1 7 (87.50%) Physics
1 7 (87.50%) Statistics
2 4 (50.00%) Market Risk
3 1 (12.50%) Fixed Income
Processes & Methodologies
1 6 (75.00%) Monte Carlo Method
1 6 (75.00%) Numerical Analysis
2 4 (50.00%) Analytics
2 4 (50.00%) Probability Theory
3 3 (37.50%) Risk Management
Programming Languages
1 7 (87.50%) C++
2 6 (75.00%) VBA
3 1 (12.50%) Python
Qualifications
1 7 (87.50%) PhD
2 6 (75.00%) Degree
London
Quant Capital
Rate: £40,000 - £50,000 per year
Posted: 6 days ago
London
Huxley
Rate: £650 - £725 per day + competitive
Posted: 25 days ago