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 7 July 2015 with a comparison to the same period in the previous 2 years.

Location
3 months to
7 Jul 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank 884 915 898
Rank change year-on-year
+31 -17
Permanent jobs citing Stochastic Modelling 6 4 2
As % of all permanent IT jobs located in the UK 0.005% 0.003% 0.002%
As % of the Processes & Methodologies category 0.006% 0.004% 0.002%
Number of salaries quoted 3 1 2
Average salary £47,500 £55,000 £25,000
Average salary % change year-on-year
-13.63% +120.00%
UK excluding London average salary - £55,000 £25,000
% change year-on-year
- +120.00%

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
92576 97321 88774
As % of all permanent IT jobs located in the UK 84.60% 82.73% 80.80%
Number of salaries quoted 75605 78726 73203
Average salary £50,000 £49,000 £46,000
Average salary % change year-on-year
+2.04% +6.52%
90% offered a salary of more than £32,500 £31,500 £30,000
10% offered a salary of more than £75,000 £71,500 £72,500
UK excluding London average salary £44,500 £42,500 £40,000
% change year-on-year
+4.70% +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 6 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 7 July 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 +27 6 £47,500 -13.63%
London +36 4 £47,500 -
City of London +44 2 £47,750 -
South East - 2 - -
Newbury - 2 - -
Berkshire - 2 - -

Stochastic Modelling
Top 30 Related IT Skills

For the 6 months to 7 July 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 8 (72.73%) Finance
2 6 (54.55%) VBA
3 4 (36.36%) C++
3 4 (36.36%) VB
3 4 (36.36%) Analytical Skills
4 3 (27.27%) Monte Carlo Method
4 3 (27.27%) Analytics
4 3 (27.27%) OO
4 3 (27.27%) Degree
4 3 (27.27%) Mathematics
5 2 (18.18%) Credit Risk
5 2 (18.18%) User Acceptance Testing
5 2 (18.18%) System Testing
5 2 (18.18%) Performance Management
5 2 (18.18%) Statistics
5 2 (18.18%) Operations Research
5 2 (18.18%) Business Development
5 2 (18.18%) Security Cleared
5 2 (18.18%) Financial Modelling
5 2 (18.18%) Risk Assessment
5 2 (18.18%) Banking
5 2 (18.18%) Retail
5 2 (18.18%) Data Analysis
5 2 (18.18%) Automated Testing
5 2 (18.18%) Project Management
5 2 (18.18%) SQL
5 2 (18.18%) Risk Management
5 2 (18.18%) Manufacturing
5 2 (18.18%) MBA
5 2 (18.18%) Test Planning

Stochastic Modelling
Top Related IT Skills by Category

For the 6 months to 7 July 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 8 (72.73%) Finance
2 2 (18.18%) Manufacturing
2 2 (18.18%) Banking
2 2 (18.18%) Retail
3 1 (9.09%) Front Office
Job Titles
1 4 (36.36%) Analyst
2 2 (18.18%) Test Analyst
3 1 (9.09%) Senior Analyst
3 1 (9.09%) Senior Test Analyst
3 1 (9.09%) VBA Developer
3 1 (9.09%) Graduate Developer
3 1 (9.09%) Excel Developer
3 1 (9.09%) Excel VBA Developer
3 1 (9.09%) Graduate
3 1 (9.09%) Developer
Libraries, Frameworks & Software Standards
1 1 (9.09%) KnockoutJS
Miscellaneous
1 4 (36.36%) Analytical Skills
2 3 (27.27%) Mathematics
3 2 (18.18%) Credit Risk
3 2 (18.18%) Visualisation
3 2 (18.18%) Statistics
4 1 (9.09%) Foreign Exchange (FX)
4 1 (9.09%) Derivative
Processes & Methodologies
1 3 (27.27%) OO
1 3 (27.27%) Monte Carlo Method
1 3 (27.27%) Analytics
2 2 (18.18%) Test Planning
2 2 (18.18%) Financial Modelling
2 2 (18.18%) Project Management
2 2 (18.18%) Risk Management
2 2 (18.18%) Risk Assessment
2 2 (18.18%) Data Analysis
2 2 (18.18%) Automated Testing
2 2 (18.18%) Operations Research
2 2 (18.18%) Business Development
2 2 (18.18%) User Acceptance Testing
2 2 (18.18%) System Testing
2 2 (18.18%) Performance Management
3 1 (9.09%) Data Migration
3 1 (9.09%) Migration
Programming Languages
1 6 (54.55%) VBA
2 4 (36.36%) VB
2 4 (36.36%) C++
3 2 (18.18%) SQL
Qualifications
1 3 (27.27%) Degree
2 2 (18.18%) Security Cleared
2 2 (18.18%) MBA
3 1 (9.09%) PhD