The table below looks at the statistics for Financial Modelling skills in IT jobs advertised for the City of London region. Included is a guide to the average salaries offered in IT jobs that have cited Financial Modelling over the 3 months to 31 July 2015 with a comparison to the same period in the previous 2 years.

Location
3 months to
31 Jul 2015
Same period 2014 Same period 2013
Financial Modeling
Rank 284 317 312
Rank change year-on-year
+33 -5
Permanent jobs citing Financial Modelling 24 17 17
As % of all permanent IT jobs located in the City of London 0.23% 0.14% 0.14%
As % of the Processes & Methodologies category 0.27% 0.16% 0.17%
Number of salaries quoted 20 13 15
Average salary £77,500 £50,000 £65,000
Average salary % change year-on-year
+55.00% -23.07%
90% offered a salary of more than £55,000 £30,000 £55,000
10% offered a salary of more than £80,500 £93,500 £78,000
UK excluding London average salary £52,500 £51,250 £50,000
% change year-on-year
+2.43% +2.50%
Financial Modelling
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in permanent jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Permanent IT job ads with a match in the
Processes & Methodologies category
8872 10353 9929
As % of all permanent IT jobs located in the City of London 85.14% 83.62% 82.89%
Number of salaries quoted 7566 8532 8703
Average salary £60,000 £56,000 £55,000
Average salary % change year-on-year
+7.14% +1.81%
90% offered a salary of more than £38,000 £37,500 £36,500
10% offered a salary of more than £82,500 £80,000 £80,000
UK excluding London average salary £45,000 £42,500 £40,995
% change year-on-year
+5.88% +3.67%

Financial Modelling
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of permanent IT jobs citing Financial Modelling across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Financial Modelling Jobs Demand Trend in the City of London

Financial Modelling
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Financial Modelling across the City of London region.

Financial Modelling Salary Trend in the City of London

Financial Modelling
Salary Histogram in the City of London

This chart provides a salary histogram for IT jobs citing Financial Modelling across the City of London region over the 3 months to 31 July 2015.

Financial Modelling Salary Histogram in the City of London

Financial Modelling
Top 30 Related IT Skills in the City of London

For the 6 months to 31 July 2015, IT jobs across the City of London region citing Financial Modelling 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 IT job ads sampled that cited Financial Modelling.

1 31 (100.00%) Finance
2 16 (51.61%) Retail
3 12 (38.71%) ITIL
3 12 (38.71%) SLA
3 12 (38.71%) ITIL V3
4 11 (35.48%) People Management
4 11 (35.48%) Telecoms
5 10 (32.26%) Law
6 9 (29.03%) Degree
7 8 (25.81%) Java
8 7 (22.58%) Risk Management
9 6 (19.35%) SQL
9 6 (19.35%) Derivative
9 6 (19.35%) Functional Programming
9 6 (19.35%) Analytics
10 5 (16.13%) Banking
10 5 (16.13%) Hybrid Derivative
10 5 (16.13%) Exotic Derivative
10 5 (16.13%) Mathematics
10 5 (16.13%) VB
11 4 (12.90%) VBA
12 3 (9.68%) C#
12 3 (9.68%) C++
12 3 (9.68%) ACCA
12 3 (9.68%) Performance Management
12 3 (9.68%) Visualisation
13 2 (6.45%) Agile Software Development
13 2 (6.45%) TDD
13 2 (6.45%) Subversion
13 2 (6.45%) Scala

Financial Modelling
Top Related IT Skills in the City of London by Category

For the 6 months to 31 July 2015, IT jobs across the City of London region citing Financial Modelling also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled that cited Financial Modelling. Up to 20 skills are shown per category.

Application Platforms
1 2 (6.45%) Apache Spark
Database & Business Intelligence
1 2 (6.45%) Spotfire
1 2 (6.45%) Hadoop
1 2 (6.45%) Apache Cassandra
1 2 (6.45%) NoSQL
1 2 (6.45%) Big Data
Development Applications
1 2 (6.45%) Subversion
General
1 31 (100.00%) Finance
2 16 (51.61%) Retail
3 11 (35.48%) Telecoms
4 10 (32.26%) Law
5 5 (16.13%) Banking
6 2 (6.45%) Manufacturing
7 1 (3.23%) Legal
Job Titles
1 12 (38.71%) Architect
1 12 (38.71%) Service Architect
2 9 (29.03%) Developer
3 6 (19.35%) Java Developer
4 5 (16.13%) Analyst
4 5 (16.13%) Credit Analyst
5 3 (9.68%) Quantitative Developer
6 2 (6.45%) Consultant
6 2 (6.45%) Scala Developer
6 2 (6.45%) Big Data Developer
7 1 (3.23%) Delivery Manager
7 1 (3.23%) C++ Quantitative Developer
7 1 (3.23%) C# Developer
7 1 (3.23%) Business Consultant
7 1 (3.23%) Senior Consultant
Libraries, Frameworks & Software Standards
1 1 (3.23%) Boost C++ Libraries
Miscellaneous
1 6 (19.35%) Derivative
2 5 (16.13%) Mathematics
2 5 (16.13%) Hybrid Derivative
2 5 (16.13%) Exotic Derivative
3 3 (9.68%) Visualisation
4 2 (6.45%) Management Information System
5 1 (3.23%) Foreign Exchange (FX)
5 1 (3.23%) Swaptions
5 1 (3.23%) Credit Risk
5 1 (3.23%) Interest Rate Derivative
5 1 (3.23%) Statistics
5 1 (3.23%) Hedge funds
5 1 (3.23%) Analytical Skills
5 1 (3.23%) Data Structures
Operating Systems
1 2 (6.45%) Windows
1 2 (6.45%) Linux
Processes & Methodologies
1 12 (38.71%) ITIL
1 12 (38.71%) ITIL V3
2 11 (35.48%) People Management
3 7 (22.58%) Risk Management
4 6 (19.35%) Analytics
4 6 (19.35%) Functional Programming
5 3 (9.68%) Performance Management
6 2 (6.45%) Project Management
6 2 (6.45%) Refactoring
6 2 (6.45%) Multithreading
6 2 (6.45%) Scrum
6 2 (6.45%) Agile Software Development
6 2 (6.45%) TDD
6 2 (6.45%) Quantitative Investing
7 1 (3.23%) Performance Improvement
7 1 (3.23%) Change Control
7 1 (3.23%) Data Analysis
7 1 (3.23%) Logistics
7 1 (3.23%) Strategic Planning
7 1 (3.23%) Operations Research
Programming Languages
1 8 (25.81%) Java
2 6 (19.35%) SQL
3 5 (16.13%) VB
4 4 (12.90%) VBA
5 3 (9.68%) C#
5 3 (9.68%) C++
6 2 (6.45%) Scala
Qualifications
1 9 (29.03%) Degree
2 3 (9.68%) ACCA
3 2 (6.45%) CIMA
3 2 (6.45%) MBA
3 2 (6.45%) PhD
4 1 (3.23%) Security Cleared
4 1 (3.23%) ICAEW
4 1 (3.23%) CFA
Quality Assurance & Compliance
1 12 (38.71%) SLA
Vendors
1 2 (6.45%) Tableau
2 1 (3.23%) CA
2 1 (3.23%) Bloomberg
2 1 (3.23%) BT