The table below looks at the statistics for Stochastic Modelling skills in IT jobs advertised across the UK. Included is a guide to the average salaries offered in IT jobs that have cited Stochastic Modelling over the 3 months to 16 September 2014 with a comparison to the same period in the previous 2 years.

Location
3 months to
16 Sep 2014
Same period 2013 Same period 2012
Stochastic Modeling
Rank 886 871 900
Rank change year-on-year
-15 +29
Permanent jobs citing Stochastic Modelling 1 2 1
As % of all permanent IT jobs located in the UK 0.001% 0.002% 0.001%
As % of the Processes & Methodologies category 0.001% 0.002% 0.001%
Number of salaries quoted 0 0 1
Average salary - - £37,500
UK excluding London average salary - - £37,500

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
93443 86275 93127
As % of all permanent IT jobs located in the UK 81.90% 81.15% 79.01%
Number of salaries quoted 74604 70751 78836
Average salary £47,500 £47,500 £46,000
Average salary % change year-on-year
- +3.26%
90% offered a salary of more than £30,500 £30,000 £30,000
10% offered a salary of more than £72,500 £72,500 £72,500
UK excluding London average salary £42,500 £41,500 £40,000
% change year-on-year
+2.40% +3.75%

Stochastic Modelling
Jobs Demand Trend

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

Stochastic Modelling Jobs Demand Trend in the UK

Stochastic Modelling
Salary Trend

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

Stochastic Modelling Salary Trend in the UK

Stochastic Modelling
Top 3 Job Locations

The table below looks at the demand and provides a guide to the average salaries quoted in IT jobs citing Stochastic Modelling within the UK over the 3 months to 16 September 2014. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
London -14 1 - -
England -21 1 - -
City of London - 1 - -

Stochastic Modelling
Top 30 Related IT Skills

For the 6 months to 16 September 2014, IT jobs within the UK citing Stochastic 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 Stochastic Modelling.

1 6 (100.00%) Finance
1 6 (100.00%) Statistics
1 6 (100.00%) Degree
1 6 (100.00%) Mathematics
1 6 (100.00%) Credit Risk
2 3 (50.00%) Market Risk
2 3 (50.00%) Stress Testing
2 3 (50.00%) Financial Modelling
2 3 (50.00%) Applied Mathematics
2 3 (50.00%) French Language
2 3 (50.00%) Financial Analysis
2 3 (50.00%) Basel III
2 3 (50.00%) Operations Research
2 3 (50.00%) SQL
2 3 (50.00%) VBA
2 3 (50.00%) PhD
2 3 (50.00%) Foreign Exchange (FX)
2 3 (50.00%) Financial Institution
2 3 (50.00%) Validation
2 3 (50.00%) MBA
2 3 (50.00%) Risk Assessment
2 3 (50.00%) Banking
2 3 (50.00%) Retail
2 3 (50.00%) Credit Derivative
2 3 (50.00%) IAS 39
2 3 (50.00%) Data Analysis
2 3 (50.00%) Economics
2 3 (50.00%) Derivative
3 2 (33.33%) Analytical Skills
4 1 (16.67%) Spreadsheet

Stochastic Modelling
Top Related IT Skills by Category

For the 6 months to 16 September 2014, IT jobs within the UK citing Stochastic 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 Stochastic Modelling. Up to 20 skills are shown per category.

Applications
1 1 (16.67%) Spreadsheet
General
1 6 (100.00%) Finance
2 3 (50.00%) French Language
2 3 (50.00%) Financial Institution
2 3 (50.00%) Banking
2 3 (50.00%) Retail
3 1 (16.67%) Manufacturing
Job Titles
1 3 (50.00%) Analyst
1 3 (50.00%) Market Risk Analyst
1 3 (50.00%) Quantitative Analyst
Miscellaneous
1 6 (100.00%) Statistics
1 6 (100.00%) Mathematics
1 6 (100.00%) Credit Risk
2 3 (50.00%) Market Risk
2 3 (50.00%) Applied Mathematics
2 3 (50.00%) Foreign Exchange (FX)
2 3 (50.00%) Credit Derivative
2 3 (50.00%) Economics
2 3 (50.00%) Derivative
3 2 (33.33%) Analytical Skills
Processes & Methodologies
1 3 (50.00%) Stress Testing
1 3 (50.00%) Financial Modelling
1 3 (50.00%) Financial Analysis
1 3 (50.00%) Operations Research
1 3 (50.00%) Validation
1 3 (50.00%) Risk Assessment
1 3 (50.00%) Data Analysis
Programming Languages
1 3 (50.00%) SQL
1 3 (50.00%) VBA
Qualifications
1 6 (100.00%) Degree
2 3 (50.00%) PhD
2 3 (50.00%) MBA
Quality Assurance & Compliance
1 3 (50.00%) Basel III
1 3 (50.00%) IAS 39