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 3 months to 25 March 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
Financial Modelling
London / City of London
Rank 151 155 189
Rank change year-on-year +4 +34  
Contract jobs citing Financial Modelling 4 4 6
As % of all contract IT jobs advertised in the City of London 0.13% 0.12% 0.12%
As % of the Processes & Methodologies category 0.15% 0.14% 0.14%
Number of daily rates quoted 4 3 5
Median daily rate £538 £400 £600
Median daily rate % change year-on-year +34.37% -33.33%  
90% offered a daily rate of more than £359 £312 £375
10% offered a daily rate of more than £550 £820 £720
UK excluding London median daily rate £360 £450 £475
% change year-on-year -20.00% -5.26%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £24.45 - £18.00

Financial Modelling is in the process and methodology skills category. The next 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 and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2590 2921 4181
As % of all contract IT job vacancies advertised in the City of London 85.48% 87.82% 82.55%
Number of daily rates quoted 2034 2334 3226
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £345 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% +0.06%  
Number of hourly rates quoted 22 27 36
Median hourly rate £16.00 £20.89 £20.45
Median hourly rate % change year-on-year -23.40% +2.17%  
90% offered a hourly rate of more than £13.50 £14.20 £12.50
10% offered a hourly rate of more than £28.35 £47.50 £92.50
UK excluding London median hourly rate £36.00 £38.75 £30.00
% change year-on-year -7.09% +29.16%  

Financial Modelling
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Financial Modelling as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

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

Financial Modelling
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Financial Modelling in the City of London over the 3 months to 25 March 2017.

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

Financial Modelling
Top 30 Related IT Skills in the City of London

For the 6 months to 25 March 2017, IT contractor jobs citing Financial Modelling also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Financial Modelling.

1 7 (100.00%) Finance
2 3 (42.86%) C#
2 3 (42.86%) RAD
2 3 (42.86%) Mathematics
2 3 (42.86%) Mathematical Modelling
3 2 (28.57%) Stakeholder Management
3 2 (28.57%) MBA
4 1 (14.29%) Banking
4 1 (14.29%) Retail
4 1 (14.29%) Supplier Management
4 1 (14.29%) Web Analytics
4 1 (14.29%) Statistics
4 1 (14.29%) Marketing
4 1 (14.29%) Degree
4 1 (14.29%) Migration
4 1 (14.29%) Econometrics
4 1 (14.29%) Teradata
4 1 (14.29%) Telecoms
4 1 (14.29%) Law
4 1 (14.29%) CRM
4 1 (14.29%) E-Commerce
4 1 (14.29%) SAS
4 1 (14.29%) Business Intelligence
4 1 (14.29%) Ariba
4 1 (14.29%) Project Management
4 1 (14.29%) SQL
4 1 (14.29%) .NET
4 1 (14.29%) SAP
4 1 (14.29%) Data Migration
4 1 (14.29%) Data Extraction

Financial Modelling
Top Related IT Skills in the City of London 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:

Application Platforms
1 1 (14.29%) SAS
Applications
1 1 (14.29%) Spreadsheet
Database & Business Intelligence
1 1 (14.29%) Big Data
1 1 (14.29%) Hadoop
1 1 (14.29%) Relational Database
General
1 7 (100.00%) Finance
2 1 (14.29%) Banking
2 1 (14.29%) Law
2 1 (14.29%) Marketing
2 1 (14.29%) Retail
2 1 (14.29%) Telecoms
Job Titles
1 3 (42.86%) Developer
1 3 (42.86%) Senior Developer
2 2 (28.57%) C# Developer
2 2 (28.57%) C# Software Developer
2 2 (28.57%) Senior C# Developer
2 2 (28.57%) Senior C# Software Developer
2 2 (28.57%) Senior Software Developer
2 2 (28.57%) Software Developer
3 1 (14.29%) .NET Developer
3 1 (14.29%) Analyst
3 1 (14.29%) Business Analyst
3 1 (14.29%) Data Business Analyst
3 1 (14.29%) Data Insight Analyst
3 1 (14.29%) Finance Modeller
3 1 (14.29%) Insight Analyst
3 1 (14.29%) Insight Data Analyst
3 1 (14.29%) Project Manager
3 1 (14.29%) Senior .NET Developer
3 1 (14.29%) Technical Manager
3 1 (14.29%) Technical Project Manager
Libraries, Frameworks & Software Standards
1 1 (14.29%) .NET
1 1 (14.29%) Mason
Miscellaneous
1 1 (14.29%) Analytical Skills
1 1 (14.29%) Fintech
Processes & Methodologies
1 3 (42.86%) Mathematical Modelling
1 3 (42.86%) Mathematics
1 3 (42.86%) RAD
2 2 (28.57%) Stakeholder Management
3 1 (14.29%) A/B Testing
3 1 (14.29%) Actionable Insight
3 1 (14.29%) Analytics
3 1 (14.29%) Business Intelligence
3 1 (14.29%) CRM
3 1 (14.29%) Data Extraction
3 1 (14.29%) Data Migration
3 1 (14.29%) Data Visualisation
3 1 (14.29%) Digital Marketing
3 1 (14.29%) E-Commerce
3 1 (14.29%) Econometrics
3 1 (14.29%) Project Management
3 1 (14.29%) Statistics
3 1 (14.29%) Supplier Management
3 1 (14.29%) Visualisation
3 1 (14.29%) Web Analytics
Programming Languages
1 3 (42.86%) C#
2 1 (14.29%) R
2 1 (14.29%) SQL
Qualifications
1 2 (28.57%) MBA
2 1 (14.29%) Degree
Vendors
1 1 (14.29%) Ariba
1 1 (14.29%) SAP
1 1 (14.29%) Tableau
1 1 (14.29%) Teradata