The table below looks at the statistics for Black-Scholes skills in IT jobs advertised across the UK. Included is a guide to the salaries offered in IT jobs that have cited Black-Scholes over the 3 months to 4 May 2016 with a comparison to the same period over the previous 2 years.

3 months to
4 May 2016
Same period 2015 Same period 2014
Black-Scholes
Rank 947 959 974
Rank change year-on-year
+12 +15
Permanent jobs citing Black-Scholes 7 6 17
As % of all permanent IT jobs located in the UK 0.007% 0.005% 0.014%
As % of the Processes & Methodologies category 0.008% 0.006% 0.017%
Number of salaries quoted 7 6 1
Median salary £57,500 £65,000 £150,000
Median salary % change year-on-year
-11.53% -56.66%
UK excluding London median salary £57,500 - -

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in permanent jobs advertised across the UK.

Processes & Methodologies Category
UK
Permanent IT job ads with a match in the
Processes & Methodologies category
89989 94751 101767
As % of all permanent IT jobs located in the UK 87.69% 85.95% 85.27%
Number of salaries quoted 74863 76541 82078
Median salary £50,000 £50,000 £47,500
Median salary % change year-on-year
- +5.26%
90% offered a salary of more than £32,500 £32,000 £30,500
10% offered a salary of more than £75,000 £72,500 £75,000
UK excluding London median salary £45,000 £44,000 £42,500
% change year-on-year
+2.27% +3.52%

Black-Scholes
Jobs Demand Trend

The demand trend of job ads citing Black-Scholes as a proportion of all IT jobs with a match in the Processes & Methodologies category.

Black-Scholes Jobs Demand Trend in the UK

Black-Scholes
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Black-Scholes within the UK.

Black-Scholes Salary Trend in the UK

Black-Scholes
Salary Histogram

This chart provides a salary histogram for IT jobs citing Black-Scholes over the 3 months to 4 May 2016 within the UK.

Black-Scholes Salary Histogram in the UK

Black-Scholes
Top 4 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Black-Scholes within the UK over the 3 months to 4 May 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
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
Edinburgh - 4 £57,500 -
Scotland - 4 £57,500 -
England +16 3 £70,000 +7.69%
London -3 3 £70,000 +7.69%

Black-Scholes
Top 30 Related IT Skills

For the 6 months to 4 May 2016, IT jobs citing Black-Scholes also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads with a requirement for Black-Scholes.

1 16 (100.00%) Finance
2 13 (81.25%) SQL
2 13 (81.25%) PhD
3 12 (75.00%) C++
3 12 (75.00%) Java
4 11 (68.75%) C#
4 11 (68.75%) Derivative
4 11 (68.75%) Mathematics
4 11 (68.75%) Monte Carlo Method
5 9 (56.25%) Credit Risk
6 8 (50.00%) Stress Testing
6 8 (50.00%) Continuous Integration
6 8 (50.00%) Degree
6 8 (50.00%) Agile Software Development
6 8 (50.00%) TDD
6 8 (50.00%) Banking
6 8 (50.00%) Credit Derivative
6 8 (50.00%) Investment Banking
6 8 (50.00%) VBA
6 8 (50.00%) .NET
6 8 (50.00%) SQL Server
6 8 (50.00%) OO
6 8 (50.00%) Python
6 8 (50.00%) Analytics
7 7 (43.75%) WCF
8 5 (31.25%) Eurex
8 5 (31.25%) Greeks
8 5 (31.25%) CentOS
8 5 (31.25%) Bash Shell
8 5 (31.25%) Fidessa

Black-Scholes
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 4 (25.00%) SAS
Applications
1 4 (25.00%) S-PLUS
Database & Business Intelligence
1 8 (50.00%) SQL Server
General
1 16 (100.00%) Finance
2 8 (50.00%) Banking
2 8 (50.00%) Investment Banking
Job Titles
1 6 (37.50%) Analyst
1 6 (37.50%) Credit Analyst
1 6 (37.50%) Qualitative Analyst
1 6 (37.50%) Quantitative Analyst
2 5 (31.25%) Administrator
2 5 (31.25%) C# Developer
2 5 (31.25%) C# Quant Developer
2 5 (31.25%) Developer
2 5 (31.25%) Electronic Trading Support
2 5 (31.25%) Linux Administrator
2 5 (31.25%) Linux Support
2 5 (31.25%) Linux Systems Administrator
2 5 (31.25%) Quantitative Developer
2 5 (31.25%) Systems Administrator
2 5 (31.25%) Systems Support
3 4 (25.00%) Credit Risk Analyst
3 4 (25.00%) Quantitative Risk Analyst
3 4 (25.00%) Risk Analyst
3 4 (25.00%) SQL Analyst
4 3 (18.75%) Junior Quantitative Developer
Libraries, Frameworks & Software Standards
1 8 (50.00%) .NET
2 7 (43.75%) WCF
3 5 (31.25%) FIX Protocol
4 4 (25.00%) ASP.NET
4 4 (25.00%) ASP.NET MVC
4 4 (25.00%) WPF
Miscellaneous
1 11 (68.75%) Derivative
1 11 (68.75%) Mathematics
2 9 (56.25%) Credit Risk
3 8 (50.00%) Credit Derivative
4 5 (31.25%) Eurex
5 4 (25.00%) Economics
5 4 (25.00%) Fixed Income
5 4 (25.00%) Physics
6 3 (18.75%) Analytical Skills
6 3 (18.75%) Hedge funds
Operating Systems
1 5 (31.25%) CentOS
1 5 (31.25%) Debian
1 5 (31.25%) Fedora
1 5 (31.25%) Linux
1 5 (31.25%) SUSE
1 5 (31.25%) Ubuntu
Processes & Methodologies
1 11 (68.75%) Monte Carlo Method
2 8 (50.00%) Agile Software Development
2 8 (50.00%) Analytics
2 8 (50.00%) Continuous Integration
2 8 (50.00%) OO
2 8 (50.00%) Stress Testing
2 8 (50.00%) TDD
3 5 (31.25%) Electronic Trading
3 5 (31.25%) Greeks
4 4 (25.00%) MVC
4 4 (25.00%) Presales
4 4 (25.00%) Validation
5 3 (18.75%) DNA
5 3 (18.75%) Portfolio Management
5 3 (18.75%) Stochastic Calculus
Programming Languages
1 13 (81.25%) SQL
2 12 (75.00%) C++
2 12 (75.00%) Java
3 11 (68.75%) C#
4 8 (50.00%) Python
4 8 (50.00%) VBA
5 5 (31.25%) Bash Shell
5 5 (31.25%) C
5 5 (31.25%) Perl
5 5 (31.25%) Tcl
6 4 (25.00%) MATLAB
6 4 (25.00%) R
6 4 (25.00%) VB.NET
Qualifications
1 13 (81.25%) PhD
2 8 (50.00%) Degree
3 5 (31.25%) CFA
3 5 (31.25%) MBA
Vendors
1 5 (31.25%) Bloomberg
1 5 (31.25%) CQG
1 5 (31.25%) Fidessa
1 5 (31.25%) GL TRADE
1 5 (31.25%) NYFIX
1 5 (31.25%) Patsystems
1 5 (31.25%) Red Hat
1 5 (31.25%) Reuters