The table below looks at the statistics for Stochastic Modelling skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Stochastic Modelling over the 3 months to 29 September 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
29 Sep 2016
Same period 2015 Same period 2014
Stochastic Modelling
Rank 649 - -
Rank change year-on-year
- 0
Contract jobs citing Stochastic Modelling 4 0 0
As % of all contract IT jobs located in the UK 0.007% - -
As % of the Processes & Methodologies category 0.009% - -
Number of daily rates quoted 1 0 0
Median daily rate £400 - -
UK excluding London median daily rate £400 - -
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
44351 47009 44831
As % of all contract IT jobs located in the UK 83.10% 81.05% 77.18%
Number of daily rates quoted 29387 30697 28094
Median daily rate £438 £425 £410
Median daily rate % change year-on-year
+2.94% +3.65%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £590 £583 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1162 1306 1225
Median hourly rate £31.75 £32.50 £24.00
Median hourly rate % change year-on-year
-2.30% +35.41%
90% offered a hourly rate of more than £12.58 £12.50 £12.51
10% offered a hourly rate of more than £50.00 £50.00 £53.50
UK excluding London median hourly rate £32.66 £34.00 £26.00
% change year-on-year
-3.95% +30.76%

Stochastic Modelling
Jobs Demand Trend

The demand trend of contract jobs citing Stochastic Modelling as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Stochastic Modelling Jobs Demand Trend in the UK

Stochastic Modelling
Daily Rate Trend

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

Stochastic Modelling Daily Rate Trend in the UK

Stochastic Modelling
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Stochastic Modelling within the UK over the 3 months to 29 September 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
England - 4 £400 -
West Midlands - 2 £400 -
Birmingham - 1 £400 -
London - 1 - -
Newbury - 1 - -
Telford - 1 - -
Berkshire - 1 - -
Shropshire - 1 - -
South East - 1 - -

Stochastic Modelling
Top 30 Related IT Skills

For the 6 months to 29 September 2016, IT contractor jobs citing Stochastic Modelling 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 Modelling.

1 4 (100.00%) Mathematics
2 3 (75.00%) Degree
2 3 (75.00%) Computer Science
2 3 (75.00%) Java
2 3 (75.00%) SQL
2 3 (75.00%) Finance
3 2 (50.00%) Debian
3 2 (50.00%) Scrum
3 2 (50.00%) Agile Software Development
3 2 (50.00%) Maven
3 2 (50.00%) Software Engineering
3 2 (50.00%) HTML
3 2 (50.00%) Eclipse
3 2 (50.00%) Apache
3 2 (50.00%) Tomcat
3 2 (50.00%) JavaScript
3 2 (50.00%) MySQL
3 2 (50.00%) CSS
3 2 (50.00%) XML
3 2 (50.00%) Unix
3 2 (50.00%) Linux
3 2 (50.00%) KnockoutJS
3 2 (50.00%) AngularJS
3 2 (50.00%) Physics
3 2 (50.00%) Ubuntu
3 2 (50.00%) Web Development
3 2 (50.00%) Java EE
3 2 (50.00%) Jenkins
3 2 (50.00%) React
3 2 (50.00%) Polymer

Stochastic Modelling
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 2 (50.00%) Apache
1 2 (50.00%) Tomcat
Database & Business Intelligence
1 2 (50.00%) MySQL
2 1 (25.00%) MongoDB
2 1 (25.00%) NoSQL
Development Applications
1 2 (50.00%) Eclipse
1 2 (50.00%) Jenkins
1 2 (50.00%) Maven
2 1 (25.00%) Subversion
General
1 3 (75.00%) Finance
2 1 (25.00%) Banking
2 1 (25.00%) Front Office
Job Titles
1 3 (75.00%) Developer
2 2 (50.00%) Java Developer
3 1 (25.00%) C# Developer
3 1 (25.00%) C# Quant Developer
3 1 (25.00%) Data Scientist
3 1 (25.00%) Full Stack Developer
3 1 (25.00%) Full Stack Web Developer
3 1 (25.00%) Java Web Developer
3 1 (25.00%) Quantitative Developer
3 1 (25.00%) Web Developer
Libraries, Frameworks & Software Standards
1 2 (50.00%) AngularJS
1 2 (50.00%) CSS
1 2 (50.00%) HTML
1 2 (50.00%) Java EE
1 2 (50.00%) KnockoutJS
1 2 (50.00%) Polymer
1 2 (50.00%) React
1 2 (50.00%) XML
Miscellaneous
1 4 (100.00%) Mathematics
2 3 (75.00%) Computer Science
3 2 (50.00%) Physics
4 1 (25.00%) Algorithms
4 1 (25.00%) Derivative
4 1 (25.00%) Fintech
4 1 (25.00%) Fixed Income
4 1 (25.00%) Market Risk
4 1 (25.00%) Neural Network
Operating Systems
1 2 (50.00%) Debian
1 2 (50.00%) Linux
1 2 (50.00%) Ubuntu
1 2 (50.00%) Unix
Processes & Methodologies
1 2 (50.00%) Agile Software Development
1 2 (50.00%) Scrum
1 2 (50.00%) Software Engineering
1 2 (50.00%) Web Development
2 1 (25.00%) Analytics
2 1 (25.00%) Cluster Analysis
2 1 (25.00%) Continuous Integration
2 1 (25.00%) Data Modelling
2 1 (25.00%) Machine Learning
2 1 (25.00%) OO
2 1 (25.00%) OOP
2 1 (25.00%) Quantitative Finance
2 1 (25.00%) Risk Analytics
2 1 (25.00%) Risk Management
Programming Languages
1 3 (75.00%) Java
1 3 (75.00%) SQL
2 2 (50.00%) JavaScript
3 1 (25.00%) C#
3 1 (25.00%) C++
3 1 (25.00%) Python
3 1 (25.00%) R
3 1 (25.00%) Ruby
3 1 (25.00%) VB
Qualifications
1 3 (75.00%) Degree