The table below looks at the statistics for Stochastic Modelling skills in IT jobs advertised across the UK. Included is a guide to the salaries offered in IT jobs that have cited Stochastic Modelling over the 3 months to 30 May 2016 with a comparison to the same period over the previous 2 years.

3 months to
30 May 2016
Same period 2015 Same period 2014
Stochastic Modelling
Rank 913 963 998
Rank change year-on-year
+50 +35
Permanent jobs citing Stochastic Modelling 8 4 5
As % of all permanent IT jobs located in the UK 0.008% 0.004% 0.004%
As % of the Processes & Methodologies category 0.009% 0.004% 0.005%
Number of salaries quoted 8 0 3
Median salary £40,000 - £55,000
UK excluding London median salary £40,000 - £55,000

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
86262 93359 103515
As % of all permanent IT jobs located in the UK 87.85% 86.36% 85.34%
Number of salaries quoted 71870 75862 84172
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 £31,500 £31,000
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%

Stochastic Modelling
Jobs Demand Trend

The demand trend of job ads citing Stochastic Modelling as a proportion of all IT jobs with a match in 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 median salaries quoted in IT jobs citing Stochastic Modelling within the UK over the 3 months to 30 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
England +52 8 £40,000 - 1
North West - 6 £40,000 - 1
Manchester - 6 £40,000 - 1
London +30 1 £39,000 -
South East - 1 £42,500 -
Berkshire - 1 £42,500 -

Stochastic Modelling
Top 18 Related IT Skills

For the 6 months to 30 May 2016, IT jobs citing Stochastic Modelling 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 Stochastic Modelling.

1 7 (87.50%) Python
1 7 (87.50%) PhD
1 7 (87.50%) Data Mining
1 7 (87.50%) MATLAB
1 7 (87.50%) Data Analysis
1 7 (87.50%) Statistical Analysis
1 7 (87.50%) Statistics
1 7 (87.50%) R
1 7 (87.50%) Machine Learning
1 7 (87.50%) Big Data
1 7 (87.50%) Analytics
1 7 (87.50%) Algorithms
1 7 (87.50%) C++
1 7 (87.50%) Service Design
2 6 (75.00%) CUDA
3 1 (12.50%) Finance
3 1 (12.50%) Analytical Skills
3 1 (12.50%) VB

Stochastic Modelling
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:

Database & Business Intelligence
1 7 (87.50%) Big Data
1 7 (87.50%) Data Mining
General
1 1 (12.50%) Finance
Job Titles
1 6 (75.00%) Machine Learning Engineer
1 6 (75.00%) MATLAB Engineer
2 1 (12.50%) Actuarial Analyst
2 1 (12.50%) Actuarial Test Analyst
2 1 (12.50%) Analyst
Miscellaneous
1 7 (87.50%) Algorithms
1 7 (87.50%) Statistics
2 6 (75.00%) CUDA
3 1 (12.50%) Analytical Skills
Processes & Methodologies
1 7 (87.50%) Analytics
1 7 (87.50%) Data Analysis
1 7 (87.50%) Machine Learning
1 7 (87.50%) Service Design
1 7 (87.50%) Statistical Analysis
Programming Languages
1 7 (87.50%) C++
1 7 (87.50%) MATLAB
1 7 (87.50%) Python
1 7 (87.50%) R
2 1 (12.50%) VB
Qualifications
1 7 (87.50%) PhD
Manchester
TRG
Salary: 35000-45000 Per Annum + Benefits
Posted: 15 days ago