The first table below looks at the demand 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 17 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 of the Processes & Methodologies category.

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
17 Apr 2014
Same period 2013 Same period 2012
Stochastic Calculus
Rank 582 551 579
Rank change year-on-year
-31 +28
Contract jobs citing Stochastic Calculus 6 5 6
As % of all contract IT jobs located in the UK 0.011% 0.010% 0.010%
As % of the Processes & Methodologies category 0.015% 0.014% 0.014%
Number of daily rates quoted 5 5 5
Average daily rate £425 £575 £650
Average daily rate % change year-on-year
-26.08% -11.53%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
41318 34649 42090
As % of all contract IT jobs located in the UK 73.34% 72.50% 69.43%
Number of daily rates quoted 25663 20657 24013
Average daily rate £400 £405 £410
Average daily rate % change year-on-year
-1.23% -1.21%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £563 £575 £588
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 1168 1064 1437
Average hourly rate £28.49 £32.00 £27.50
Average hourly rate % change year-on-year
-10.98% +16.36%
90% offered a hourly rate of more than £12.49 £13.50 £13.00
10% offered a hourly rate of more than £52.50 £54.00 £45.00
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%

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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Stochastic Calculus within the UK over the 3 months to 17 April 2014.

Stochastic Calculus Daily Rate Histogram 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 17 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
London -33 6 £425 -26.08% 1
England -34 6 £425 -26.08% 1

Stochastic Calculus
Top 30 Related IT Skills

For the 6 months to 17 April 2014, 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 8 (100.00%) VBA
2 7 (87.50%) C++
2 7 (87.50%) Finance
3 6 (75.00%) Degree
3 6 (75.00%) Analytics
4 5 (62.50%) Statistics
4 5 (62.50%) Quantitative Analysis
4 5 (62.50%) Risk Management
5 4 (50.00%) C#
5 4 (50.00%) Economics
5 4 (50.00%) Econometrics
5 4 (50.00%) Market Risk
5 4 (50.00%) Stress Testing
5 4 (50.00%) Greeks
6 3 (37.50%) Mathematics
6 3 (37.50%) Derivative
6 3 (37.50%) Banking
7 2 (25.00%) Interest Rate Derivative
7 2 (25.00%) PhD
7 2 (25.00%) Investment Banking
8 1 (12.50%) Applied Mathematics
8 1 (12.50%) Credit Risk
8 1 (12.50%) .NET Framework
8 1 (12.50%) Refactoring
8 1 (12.50%) SQL Server 2008
8 1 (12.50%) Basel III
8 1 (12.50%) R
8 1 (12.50%) ADO.NET Entity Framework
8 1 (12.50%) Portfolio Management
8 1 (12.50%) Monte Carlo Method

Stochastic Calculus
Top Related IT Skills by Category

For the 6 months to 17 April 2014, 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.

Application Platforms
1 1 (12.50%) SAS
Applications
1 1 (12.50%) MS Excel
Database & Business Intelligence
1 1 (12.50%) SQL Server
1 1 (12.50%) SQL Server 2008
General
1 7 (87.50%) Finance
2 3 (37.50%) Banking
3 2 (25.00%) Investment Banking
4 1 (12.50%) Front Office
Job Titles
1 7 (87.50%) Developer
2 6 (75.00%) Quantitative Developer
3 5 (62.50%) Quantitative Analyst
3 5 (62.50%) Analyst
4 4 (50.00%) Analyst Developer
5 1 (12.50%) Senior Developer
5 1 (12.50%) C++ Developer
5 1 (12.50%) Developer Analyst
5 1 (12.50%) Senior C++ Developer
Libraries, Frameworks & Software Standards
1 1 (12.50%) .NET
1 1 (12.50%) .NET Framework
1 1 (12.50%) jQuery
1 1 (12.50%) ADO.NET Entity Framework
Miscellaneous
1 5 (62.50%) Statistics
2 4 (50.00%) Economics
2 4 (50.00%) Market Risk
3 3 (37.50%) Derivative
3 3 (37.50%) Mathematics
4 2 (25.00%) Interest Rate Derivative
5 1 (12.50%) Equity Derivative
5 1 (12.50%) Applied Mathematics
5 1 (12.50%) Credit Risk
5 1 (12.50%) Hybrid Derivative
5 1 (12.50%) Client/Server
5 1 (12.50%) Fixed Income
5 1 (12.50%) Credit Derivative
Processes & Methodologies
1 6 (75.00%) Analytics
2 5 (62.50%) Risk Management
2 5 (62.50%) Quantitative Analysis
3 4 (50.00%) Stress Testing
3 4 (50.00%) Econometrics
3 4 (50.00%) Greeks
4 1 (12.50%) Portfolio Management
4 1 (12.50%) Refactoring
4 1 (12.50%) Monte Carlo Method
Programming Languages
1 8 (100.00%) VBA
2 7 (87.50%) C++
3 4 (50.00%) C#
4 1 (12.50%) C
4 1 (12.50%) SQL
4 1 (12.50%) Python
4 1 (12.50%) MATLAB
4 1 (12.50%) R
Qualifications
1 6 (75.00%) Degree
2 2 (25.00%) PhD
Quality Assurance & Compliance
1 1 (12.50%) Basel III
Vendors
1 1 (12.50%) Microsoft
1 1 (12.50%) TIBCO