The first table below looks at the demand for Monte Carlo Method skills in IT jobs advertised across the UK. Included is a guide to the average salaries offered in IT jobs that have cited Monte Carlo Method over the 3 months to 17 May 2013 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.

Location
3 months to
17 May 2013
Same period 2012 Same period 2011
Monte Carlo Method
Rank 808 822 727
Rank change year-on-year
+14 -95
Permanent jobs citing Monte Carlo Method 50 74 144
As % of all permanent IT jobs located in the UK 0.046% 0.061% 0.117%
As % of the Processes & Methodologies category 0.061% 0.082% 0.158%
Number of salaries quoted 38 58 107
Average salary £81,250 £77,500 £72,500
Average salary % change year-on-year
+4.83% +6.89%
90% offered a salary of more than £55,000 £42,500 £45,000
10% offered a salary of more than £105,000 £100,000 £105,000
UK excluding London average salary £55,000 £37,500 £47,500
% change year-on-year
+46.66% -21.05%
All Processes & Methodologies
UK
Permanent IT job ads with a match in the
Processes & Methodologies category
82363 90112 90953
As % of all permanent IT jobs located in the UK 76.41% 74.51% 73.67%
Number of salaries quoted 67577 76622 76058
Average salary £45,000 £47,500 £47,500
Average salary % change year-on-year
-5.26% -
90% offered a salary of more than £30,000 £30,000 £30,000
10% offered a salary of more than £70,000 £75,000 £75,000
UK excluding London average salary £40,000 £41,000 £40,000
% change year-on-year
-2.43% +2.50%

Monte Carlo Method
Jobs Demand Trend

This chart provides the 3-month moving total of permanent IT jobs citing Monte Carlo Method within the UK as a proportion of the total demand within the Processes & Methodologies category.

Monte Carlo Method Jobs Demand Trend

Monte Carlo Method
Salary Trend

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

Monte Carlo Method Salary Trend

Monte Carlo Method
Salary Histogram

This chart provides a salary histogram for IT jobs citing Monte Carlo Method over the 3 months to 17 May 2013 within the UK.

Monte Carlo Method Salary Histogram

Monte Carlo Method
Top 11 Job Locations

The table below looks at the demand and provides a guide to the average salaries quoted in IT jobs citing Monte Carlo Method within the UK over the 3 months to 17 May 2013. 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
Permanent
IT Job Ads
Average Salary
Last 3 Months
Average Salary
% Change
on Same Period
Last Year
England +9 50 £81,250 +4.83%
London +2 38 £82,500 +3.12%
South East +18 12 £55,000 +83.33%
Leatherhead - 9 £55,000 -
Surrey - 9 £55,000 -
City of London -9 8 £57,500 -26.98%
Gosport - 2 - -
Hampshire - 2 - -
Kent - 1 £80,000 -
Maidstone - 1 £80,000 -
Kingston Upon Thames - 1 £32,500 -

Monte Carlo Method
Top 30 Related IT Skills

For the 6 months to 17 May 2013, IT jobs within the UK citing Monte Carlo Method 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 Monte Carlo Method.

1 59 (60.82%) Finance
2 47 (48.45%) Java
3 44 (45.36%) Derivative
4 40 (41.24%) Analytics
5 33 (34.02%) C++
5 33 (34.02%) Credit Risk
6 30 (30.93%) Degree
7 28 (28.87%) PhD
7 28 (28.87%) Front Office
8 27 (27.84%) Risk Management
9 26 (26.80%) C#
10 23 (23.71%) SQL
10 23 (23.71%) Computer Science
11 22 (22.68%) C
12 21 (21.65%) DataSynapse
12 21 (21.65%) Multithreading
13 20 (20.62%) Mathematics
13 20 (20.62%) Risk Analytics
13 20 (20.62%) Statistics
14 19 (19.59%) Physics
15 15 (15.46%) OO
15 15 (15.46%) Foreign Exchange (FX)
16 14 (14.43%) Legal
17 12 (12.37%) Market Risk
17 12 (12.37%) Hedge funds
18 11 (11.34%) Exotic Derivative
18 11 (11.34%) VBA
19 10 (10.31%) OOP
19 10 (10.31%) Banking
19 10 (10.31%) Business Analysis

Monte Carlo Method
Top Related IT Skills by Category

For the 6 months to 17 May 2013, IT jobs within the UK citing Monte Carlo Method 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 Monte Carlo Method. Up to 20 skills are shown per category.

Application Development
1 9 (9.278%) .NET
1 9 (9.278%) CGI
2 5 (5.155%) Spring
2 5 (5.155%) WebSphere
2 5 (5.155%) MDX
2 5 (5.155%) J2EE
2 5 (5.155%) STL
2 5 (5.155%) Boost C++ Libraries
2 5 (5.155%) Spring Integration
3 3 (3.093%) WPF
3 3 (3.093%) HTML
3 3 (3.093%) ASP.NET
3 3 (3.093%) .NET Framework
4 2 (2.062%) jQuery
4 2 (2.062%) ADO.NET Entity Framework
5 1 (1.031%) Silverlight
5 1 (1.031%) Microsoft Enterprise Library
5 1 (1.031%) WCF
5 1 (1.031%) Ajax
5 1 (1.031%) Middleware
Application Platforms
1 5 (5.155%) Apache
1 5 (5.155%) Tomcat
1 5 (5.155%) SAS
2 2 (2.062%) Apache Pig
3 1 (1.031%) Mathematica
3 1 (1.031%) Oracle Coherence
Applications
1 5 (5.155%) MS Excel
2 4 (4.124%) MS Office
3 3 (3.093%) MS PowerPoint
3 3 (3.093%) MS Visio
4 1 (1.031%) Simulink
Business Applications
1 1 (1.031%) assyst
Communications & Networking
1 9 (9.278%) Wi-Fi
1 9 (9.278%) LTE
2 1 (1.031%) HTTP
Database & Business Intelligence
1 5 (5.155%) OLAP
1 5 (5.155%) Big Data
2 4 (4.124%) SQL Server
3 2 (2.062%) SQL Server 2005
3 2 (2.062%) Hadoop
3 2 (2.062%) Apache Hive
3 2 (2.062%) MongoDB
3 2 (2.062%) Apache Cassandra
Development Applications
1 1 (1.031%) Visual Studio
1 1 (1.031%) Eclipse
1 1 (1.031%) TestDirector
1 1 (1.031%) MSI
1 1 (1.031%) Maven
General
1 59 (60.82%) Finance
2 28 (28.87%) Front Office
3 14 (14.43%) Legal
4 10 (10.31%) Banking
5 9 (9.278%) Telecoms
6 8 (8.247%) Investment Banking
7 2 (2.062%) Marketing
7 2 (2.062%) Greek Language
7 2 (2.062%) Billing
8 1 (1.031%) Financial Institution
Job Titles
1 40 (41.24%) Analyst
2 34 (35.05%) Developer
3 21 (21.65%) Java Developer
3 21 (21.65%) Quantitative Analyst
4 13 (13.40%) Business Analyst
5 11 (11.34%) Risk Analyst
6 7 (7.216%) Quantitative Developer
6 7 (7.216%) Software Engineer
6 7 (7.216%) Consultant
7 5 (5.155%) Support Analyst
7 5 (5.155%) Market Risk Analyst
7 5 (5.155%) Software Developer
7 5 (5.155%) C++ Developer
7 5 (5.155%) C++ Quantitative Developer
8 4 (4.124%) Market Analyst
8 4 (4.124%) Market Risk Business Analyst
8 4 (4.124%) IT Business Analyst
8 4 (4.124%) Investment Banking Business Analyst
9 3 (3.093%) Credit Risk Analyst
9 3 (3.093%) Credit Analyst
Miscellaneous
1 44 (45.36%) Derivative
2 33 (34.02%) Credit Risk
3 23 (23.71%) Computer Science
4 20 (20.62%) Statistics
4 20 (20.62%) Mathematics
5 19 (19.59%) Physics
6 15 (15.46%) Foreign Exchange (FX)
7 12 (12.37%) Hedge funds
7 12 (12.37%) Market Risk
8 11 (11.34%) Exotic Derivative
9 10 (10.31%) Management Information System
10 7 (7.216%) Fixed Income
11 4 (4.124%) Applied Mathematics
12 3 (3.093%) Grid Computing
12 3 (3.093%) Equities
13 2 (2.062%) Economics
13 2 (2.062%) Visualisation
14 1 (1.031%) Client/Server
14 1 (1.031%) N-Tier
Operating Systems
1 3 (3.093%) UNIX
1 3 (3.093%) Windows
2 2 (2.062%) Linux
3 1 (1.031%) Windows XP
3 1 (1.031%) Windows 7
Processes & Methodologies
1 40 (41.24%) Analytics
2 27 (27.84%) Risk Management
3 21 (21.65%) Multithreading
4 20 (20.62%) Risk Analytics
5 15 (15.46%) OO
6 10 (10.31%) OOP
6 10 (10.31%) Business Analysis
7 9 (9.278%) Numerical Analysis
7 9 (9.278%) Validation
7 9 (9.278%) Black-Scholes
8 8 (8.247%) Service Delivery
9 7 (7.216%) User Acceptance Testing
9 7 (7.216%) Stress Testing
10 6 (6.186%) Data Analysis
10 6 (6.186%) Project Management
10 6 (6.186%) Greeks
11 5 (5.155%) Release Management
11 5 (5.155%) Change Control
11 5 (5.155%) Big Data Analytics
11 5 (5.155%) SOA
Programming Languages
1 47 (48.45%) Java
2 33 (34.02%) C++
3 26 (26.80%) C#
4 23 (23.71%) SQL
5 22 (22.68%) C
6 11 (11.34%) VBA
7 9 (9.278%) VB
8 7 (7.216%) Python
9 5 (5.155%) Ruby
10 4 (4.124%) MATLAB
11 3 (3.093%) Haskell
11 3 (3.093%) Perl
11 3 (3.093%) F#
12 2 (2.062%) R
12 2 (2.062%) T-SQL
12 2 (2.062%) PowerShell
13 1 (1.031%) Fortran
13 1 (1.031%) Shell Script
13 1 (1.031%) VB.NET
Qualifications
1 30 (30.93%) Degree
2 28 (28.87%) PhD
3 7 (7.216%) SC Cleared
3 7 (7.216%) Security Cleared
4 3 (3.093%) CFA
Quality Assurance & Compliance
1 4 (4.124%) Basel III
2 1 (1.031%) Basel II
2 1 (1.031%) COBIT
Systems Management
1 1 (1.031%) HP Quality Center
Vendors
1 21 (21.65%) DataSynapse
2 7 (7.216%) Microsoft
3 2 (2.062%) Calypso
3 2 (2.062%) Bloomberg
3 2 (2.062%) Tableau
3 2 (2.062%) Oracle
3 2 (2.062%) Business Objects
4 1 (1.031%) Sybase
4 1 (1.031%) Minitab
4 1 (1.031%) Sophis
London
Java, Data Synapse, Risk Analytics, Monte-Carlo simulations, Derivatives, Front Office, Investment Bank... This platform will provide Monte Carlo based calculations for Credit Risk (cross-asset) and Counterparty...
iKas International
Salary: £75000 - £90000 per annum + bonus + package
Posted: 17 May 2013
City of London
Pricing and Analytics Support, Excel, SQL, VBA, Derivatives, Fixed Income, Financial Modelling A financial software vendor, specialising in Pricing and Analytics, is looking to hire a support analyst... *...
Real Staffing
Salary: £50000 - £60000 per annum
Posted: 15 May 2013
City, London
Excellent data-handling experience including, but not limited to, advanced Excel, SQL and XML... Good business knowledge in one or more of the following areas: Cash Equities; Futures...
Grey Spark
Salary: Attractive Salary + Benefits + OTE
Posted: 1 May 2013
South Cambridge, East Anglia
Computational Scientist - Image analysis, Signal processing, Statistical inference, Algorithm development, C / C++ / C#, machine learning... - Strong scientific software development experience in C, C++ or C#. Scripting experience with...
ECM Selection Ltd
Salary: £Excellent + benefits
Posted: 2 May 2013
Cambridge, Cambridgeshire
Predominantly the team use C, OOP C++, Java, Matlab, Python for embedded systems, Linux and DSP devices... Skills: Programming, C, C++, Matlab, OOP, Linux, Embedded Systems, Python, Graduate...
ENTERPRISE RECRUITMENT LTD
Salary: £27000 to £35000 per annum - bonus,medical,dental,canteen
Posted: 13 May 2013
London
Ideal candidates will be degree educated and have extensive experience in project risk management, risk modelling and risk consultancy. Your risk modelling background must include experience of Monte...
SYSTEM RECRUITMENT LTD
Salary: £40000 - £65000 per annum + Benefits
Posted: 14 May 2013
East Riding
Strong knowledge of Excel and ideally VBA is essential, as is strong experience of stochastic/Monte-Carlo analysis... You should also be ACA/CIMA/ACCA qualified with excellent...
Timothy James Consulting Ltd
Salary: £45000 - £55000 per annum + extensive benefits
Posted: 16 May 2013