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 26 March 2015 with a comparison to the same period in the previous 2 years.

Location
3 months to
26 Mar 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank 880 890 875
Rank change year-on-year
+10 -15
Permanent jobs citing Stochastic Modelling 5 5 2
As % of all permanent IT jobs located in the UK 0.005% 0.004% 0.002%
As % of the Processes & Methodologies category 0.006% 0.005% 0.002%
Number of salaries quoted 1 5 2
Average salary £32,500 £55,000 £70,000
Average salary % change year-on-year
-40.90% -21.42%
UK excluding London average salary £32,500 £55,000 £50,000
% change year-on-year
-40.90% +10.00%

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
89721 92871 85537
As % of all permanent IT jobs located in the UK 83.07% 82.23% 79.98%
Number of salaries quoted 72690 74384 70471
Average salary £50,000 £47,500 £45,000
Average salary % change year-on-year
+5.26% +5.55%
90% offered a salary of more than £32,000 £30,500 £30,000
10% offered a salary of more than £75,000 £70,000 £72,500
UK excluding London average salary £43,000 £42,500 £40,000
% change year-on-year
+1.17% +6.25%

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 8 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 26 March 2015. 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
England +9 5 £32,500 -40.90%
South East - 2 £32,500 -
London - 2 - -
Berkshire - 2 £32,500 -
Bristol -9 1 - -
South West -20 1 - -
City of London - 1 - -
Newbury - 1 £32,500 -

Stochastic Modelling
Top 30 Related IT Skills

For the 6 months to 26 March 2015, 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 3 (60.00%) Finance
1 3 (60.00%) Analytics
2 2 (40.00%) SQL
2 2 (40.00%) VB
2 2 (40.00%) VBA
2 2 (40.00%) Project Management
2 2 (40.00%) Risk Management
2 2 (40.00%) Manufacturing
2 2 (40.00%) MBA
2 2 (40.00%) Risk Assessment
2 2 (40.00%) Retail
2 2 (40.00%) Data Analysis
2 2 (40.00%) Automated Testing
2 2 (40.00%) Statistics
2 2 (40.00%) Operations Research
2 2 (40.00%) Business Development
2 2 (40.00%) Degree
2 2 (40.00%) Mathematics
2 2 (40.00%) Credit Risk
2 2 (40.00%) User Acceptance Testing
2 2 (40.00%) System Testing
2 2 (40.00%) Performance Management
2 2 (40.00%) Security Cleared
2 2 (40.00%) Financial Modelling
2 2 (40.00%) Monte Carlo Method
2 2 (40.00%) Visualisation
2 2 (40.00%) Test Planning
2 2 (40.00%) Analytical Skills
3 1 (20.00%) C++
3 1 (20.00%) PhD

Stochastic Modelling
Top Related IT Skills by Category

For the 6 months to 26 March 2015, 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.

General
1 3 (60.00%) Finance
2 2 (40.00%) Manufacturing
2 2 (40.00%) Retail
3 1 (20.00%) Front Office
Job Titles
1 2 (40.00%) Analyst
1 2 (40.00%) Test Analyst
2 1 (20.00%) Senior Analyst
2 1 (20.00%) Senior Test Analyst
Libraries, Frameworks & Software Standards
1 1 (20.00%) KnockoutJS
Miscellaneous
1 2 (40.00%) Statistics
1 2 (40.00%) Mathematics
1 2 (40.00%) Credit Risk
1 2 (40.00%) Visualisation
1 2 (40.00%) Analytical Skills
2 1 (20.00%) Foreign Exchange (FX)
2 1 (20.00%) Derivative
Processes & Methodologies
1 3 (60.00%) Analytics
2 2 (40.00%) Test Planning
2 2 (40.00%) Project Management
2 2 (40.00%) Risk Management
2 2 (40.00%) Financial Modelling
2 2 (40.00%) Monte Carlo Method
2 2 (40.00%) Risk Assessment
2 2 (40.00%) Data Analysis
2 2 (40.00%) Automated Testing
2 2 (40.00%) Operations Research
2 2 (40.00%) Business Development
2 2 (40.00%) User Acceptance Testing
2 2 (40.00%) System Testing
2 2 (40.00%) Performance Management
3 1 (20.00%) Data Migration
3 1 (20.00%) Migration
Programming Languages
1 2 (40.00%) SQL
1 2 (40.00%) VB
1 2 (40.00%) VBA
2 1 (20.00%) C++
Qualifications
1 2 (40.00%) MBA
1 2 (40.00%) Degree
1 2 (40.00%) Security Cleared
2 1 (20.00%) PhD