The table below looks at the statistics for Monte Carlo Method skills in IT jobs advertised for the City of London region. Included is a guide to the salaries offered in IT jobs that have cited Monte Carlo Method over the 3 months to 28 August 2016 with a comparison to the same period over the previous 2 years.

3 months to
28 Aug 2016
Same period 2015 Same period 2014
Monte Carlo Method
Rank 246 300 317
Rank change year-on-year
+54 +17
Permanent jobs citing Monte Carlo Method 6 6 22
As % of all permanent IT jobs located in the City of London 0.098% 0.062% 0.18%
As % of the Processes & Methodologies category 0.11% 0.071% 0.22%
Number of salaries quoted 6 4 21
Median salary £55,000 £62,500 £70,000
Median salary % change year-on-year
-12.00% -10.71%
UK excluding London median salary £42,000 £28,000 £23,000
% change year-on-year
+50.00% +21.73%
Monte Carlo Method
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
5439 8476 10205
As % of all permanent IT jobs located in the City of London 88.97% 87.46% 85.42%
Number of salaries quoted 4959 7249 8460
Median salary £60,000 £60,000 £55,000
Median salary % change year-on-year
- +9.09%
90% offered a salary of more than £42,500 £37,500 £37,500
10% offered a salary of more than £85,000 £80,000 £85,000
UK excluding London median salary £45,000 £45,000 £42,500
% change year-on-year
- +5.88%

Monte Carlo Method
Jobs Demand Trend in the City of London

The demand trend of job ads across the City of London region citing Monte Carlo Method as a proportion of all IT jobs with a match in the Processes & Methodologies category.

Monte Carlo Method Jobs Demand Trend in the City of London

Monte Carlo Method
Salary Trend in the City of London

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

Monte Carlo Method Salary Trend in the City of London

Monte Carlo Method
Top 30 Related IT Skills in the City of London

For the 6 months to 28 August 2016, IT jobs citing Monte Carlo Method also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the City of London region with a requirement for Monte Carlo Method.

1 7 (100.00%) Finance
2 6 (85.71%) Market Risk
3 5 (71.43%) Banking
4 4 (57.14%) Reuters
4 4 (57.14%) Bloomberg
4 4 (57.14%) Basel II
4 4 (57.14%) Credit Risk
4 4 (57.14%) User Acceptance Testing
4 4 (57.14%) Test Scripting
4 4 (57.14%) Business Analysis
4 4 (57.14%) Project Governance
4 4 (57.14%) Translating Business Requirements
5 3 (42.86%) Algorithms
5 3 (42.86%) Java
6 2 (28.57%) Equities
6 2 (28.57%) Numerical Analysis
6 2 (28.57%) Swaptions
6 2 (28.57%) Risk Management
6 2 (28.57%) Hedge funds
6 2 (28.57%) Git (software)
6 2 (28.57%) Fintech
6 2 (28.57%) Quantitative Finance
6 2 (28.57%) Complexity Analysis
6 2 (28.57%) Presales
6 2 (28.57%) Stochastic Calculus
7 1 (14.29%) Investment Banking
7 1 (14.29%) KDB
7 1 (14.29%) Electronic Trading
7 1 (14.29%) Algorithmic Trading
7 1 (14.29%) Fixed Income

Monte Carlo Method
Top Related IT Skills in the City of London 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:

Database & Business Intelligence
1 1 (14.29%) KDB
Development Applications
1 2 (28.57%) Git (software)
General
1 7 (100.00%) Finance
2 5 (71.43%) Banking
3 1 (14.29%) Front Office
3 1 (14.29%) Investment Banking
Job Titles
1 5 (71.43%) Analyst
2 4 (57.14%) Business Analyst
2 4 (57.14%) Business IT Analyst
2 4 (57.14%) Credit Analyst
2 4 (57.14%) Credit Risk Analyst
2 4 (57.14%) Credit Risk Business Analyst
2 4 (57.14%) IT Analyst
2 4 (57.14%) IT Business Analyst
2 4 (57.14%) IT Risk Analyst
2 4 (57.14%) Market Risk Analyst
2 4 (57.14%) Market Risk Business Analyst
2 4 (57.14%) Risk Analyst
2 4 (57.14%) Risk Business Analyst
2 4 (57.14%) Senior Analyst
2 4 (57.14%) Senior Business Analyst
2 4 (57.14%) Senior Credit Risk Analyst
2 4 (57.14%) Senior Credit Risk Business Analyst
2 4 (57.14%) Senior IT Business Analyst
2 4 (57.14%) Senior Risk Analyst
3 2 (28.57%) Quantitative Developer
Miscellaneous
1 6 (85.71%) Market Risk
2 4 (57.14%) Credit Risk
3 3 (42.86%) Algorithms
4 2 (28.57%) Equities
4 2 (28.57%) Fintech
4 2 (28.57%) Hedge funds
4 2 (28.57%) Swaptions
5 1 (14.29%) Fixed Income
Processes & Methodologies
1 4 (57.14%) Business Analysis
1 4 (57.14%) Project Governance
1 4 (57.14%) Test Scripting
1 4 (57.14%) Translating Business Requirements
1 4 (57.14%) User Acceptance Testing
2 2 (28.57%) Complexity Analysis
2 2 (28.57%) Numerical Analysis
2 2 (28.57%) Presales
2 2 (28.57%) Quantitative Finance
2 2 (28.57%) Risk Management
2 2 (28.57%) Stochastic Calculus
3 1 (14.29%) Algorithmic Trading
3 1 (14.29%) Electronic Trading
3 1 (14.29%) OO
Programming Languages
1 3 (42.86%) Java
2 1 (14.29%) MATLAB
Qualifications
1 1 (14.29%) PhD
Quality Assurance & Compliance
1 4 (57.14%) Basel II
Vendors
1 4 (57.14%) Bloomberg
1 4 (57.14%) Reuters