Period
to 20 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Financial Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Modelling over the 6 months to 20 November 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Financial Modelling
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank - 245 268
Contract jobs citing Financial Modelling 0 3 4
As % of all contract IT jobs advertised in the City of London - 0.045% 0.044%
As % of the Processes & Methodologies category - 0.052% 0.052%
Number of daily rates quoted 0 2 2
City of London median daily rate - £448 £463
Median daily rate % change year-on-year - -3.24% +2.78%
Central London median daily rate - £448 £488
% change year-on-year - -8.21% +8.33%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Financial Modelling is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 6257 5765 7677
As % of all contract IT jobs advertised in the City of London 88.28% 87.41% 83.98%
Number of daily rates quoted 4969 4616 6106
City of London median daily rate £513 £475 £465
Median daily rate % change year-on-year +7.89% +2.15% +3.33%
10th Percentile £325 £313 £288
90th Percentile £688 £664 £650
Central London median daily rate £500 £475 £455
% change year-on-year +5.26% +4.40% +1.11%
Number of hourly rates quoted 59 53 74
City of London median hourly rate £20.00 £20.00 £21.13
Median hourly rate % change year-on-year - -5.33% +11.18%
10th Percentile £13.34 £13.75 £10.91
90th Percentile £30.90 £54.03 £45.15
Central London median hourly rate £20.25 £19.46 £21.00
% change year-on-year +4.06% -7.33% +16.73%

Financial Modelling
Job Vacancy Trend in the City of London

Job postings citing Financial Modelling as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Financial Modelling in the City of London

Financial Modelling
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Financial Modelling in the City of London.

Contractor daily rate trend for Financial Modelling in the City of London