The first table below looks at the demand 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 28 July 2014 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
28 Jul 2014
Same period 2013 Same period 2012
Stochastic Modeling
Rank 909 - 895
Rank change year-on-year
- 0
Permanent jobs citing Stochastic Modelling 4 0 1
As % of all permanent IT jobs located in the UK 0.003% - 0.001%
As % of the Processes & Methodologies category 0.004% - 0.001%
Number of salaries quoted 1 0 1
Average salary £55,000 - £37,500
UK excluding London average salary £55,000 - £37,500
Processes & Methodologies Category
UK
Permanent IT job ads with a match in the
Processes & Methodologies category
94098 85653 91358
As % of all permanent IT jobs located in the UK 80.38% 78.75% 77.41%
Number of salaries quoted 75770 70033 77761
Average salary £47,500 £46,500 £46,500
Average salary % change year-on-year
+2.15% -
90% offered a salary of more than £31,000 £30,000 £30,000
10% offered a salary of more than £72,500 £75,000 £72,500
UK excluding London average salary £42,500 £40,500 £40,000
% change year-on-year
+4.93% +1.25%

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 5 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 28 July 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
England - 4 £55,000 -
London - 3 - -
City of London - 3 - -
South West - 1 £55,000 -
Bristol - 1 £55,000 -

Stochastic Modelling
Top 30 Related IT Skills

For the 6 months to 28 July 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 8 (100.00%) Finance
1 8 (100.00%) Statistics
1 8 (100.00%) Degree
1 8 (100.00%) Mathematics
1 8 (100.00%) Credit Risk
2 5 (62.50%) Financial Modelling
2 5 (62.50%) Financial Analysis
2 5 (62.50%) Operations Research
2 5 (62.50%) Data Analysis
2 5 (62.50%) Retail
2 5 (62.50%) SQL
2 5 (62.50%) VBA
2 5 (62.50%) MBA
2 5 (62.50%) Risk Assessment
3 3 (37.50%) Banking
3 3 (37.50%) PhD
3 3 (37.50%) Foreign Exchange (FX)
3 3 (37.50%) Financial Institution
3 3 (37.50%) Credit Derivative
3 3 (37.50%) IAS 39
3 3 (37.50%) Economics
3 3 (37.50%) Derivative
3 3 (37.50%) Basel III
3 3 (37.50%) Validation
3 3 (37.50%) Market Risk
3 3 (37.50%) Stress Testing
3 3 (37.50%) Applied Mathematics
3 3 (37.50%) French Language
4 1 (12.50%) Spreadsheet
4 1 (12.50%) Manufacturing

Stochastic Modelling
Top Related IT Skills by Category

For the 6 months to 28 July 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 (12.50%) Spreadsheet
General
1 8 (100.00%) Finance
2 5 (62.50%) Retail
3 3 (37.50%) Banking
3 3 (37.50%) Financial Institution
3 3 (37.50%) French Language
4 1 (12.50%) Manufacturing
Job Titles
1 3 (37.50%) Quantitative Analyst
1 3 (37.50%) Analyst
1 3 (37.50%) Market Risk Analyst
Miscellaneous
1 8 (100.00%) Statistics
1 8 (100.00%) Mathematics
1 8 (100.00%) Credit Risk
2 3 (37.50%) Foreign Exchange (FX)
2 3 (37.50%) Credit Derivative
2 3 (37.50%) Economics
2 3 (37.50%) Derivative
2 3 (37.50%) Market Risk
2 3 (37.50%) Applied Mathematics
Processes & Methodologies
1 5 (62.50%) Financial Modelling
1 5 (62.50%) Financial Analysis
1 5 (62.50%) Operations Research
1 5 (62.50%) Data Analysis
1 5 (62.50%) Risk Assessment
2 3 (37.50%) Validation
2 3 (37.50%) Stress Testing
Programming Languages
1 5 (62.50%) SQL
1 5 (62.50%) VBA
Qualifications
1 8 (100.00%) Degree
2 5 (62.50%) MBA
3 3 (37.50%) PhD
Quality Assurance & Compliance
1 3 (37.50%) IAS 39
1 3 (37.50%) Basel III