The following table provides summary statistics for contract job vacancies advertised in 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 27 June 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
England / London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 398 381 404
Rank change year-on-year -17 +23  
Contract jobs citing Financial Modelling 26 46 30
As % of all contract IT jobs advertised in London 0.12% 0.21% 0.13%
As % of the Processes & Methodologies category 0.14% 0.25% 0.16%
Number of daily rates quoted 17 38 19
Median daily rate £475 £500 £450
Median daily rate % change year-on-year -5.00% +11.11%  
90% offered a daily rate of more than £312 £350 £296
10% offered a daily rate of more than £620 £750 £600
UK excluding London median daily rate £423 £380 £450
% change year-on-year +11.18% -15.55%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £25.50 - -

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 London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
London
Contract job vacancies with a requirement for process and methodology skills 18040 18590 18928
As % of all contract IT job vacancies advertised in London 86.66% 85.36% 82.17%
Number of daily rates quoted 12911 13593 13436
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 £350 £325 £310
10% offered a daily rate of more than £625 £638 £625
UK excluding London median daily rate £415 £400 £385
% change year-on-year +3.75% +3.89%  
Number of hourly rates quoted 189 157 253
Median hourly rate £25.00 £21.00 £22.00
Median hourly rate % change year-on-year +19.04% -4.54%  
90% offered a hourly rate of more than £14.75 £12.50 £11.00
10% offered a hourly rate of more than £51.00 £46.00 £55.50
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Financial Modelling
Job Vacancy Trend in London

The job posting trend of jobs advertised in 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 London

Financial Modelling
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Financial Modelling in London

Financial Modelling
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Financial Modelling in London over the 3 months to 27 June 2017.

Contractor daily rate histogram for Financial Modelling in London

Financial Modelling
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Financial Modelling in London.

Contractor hourly rate trend for Financial Modelling in London

Financial Modelling
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Modelling within the London region over the 3 months to 27 June 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -4 2 £599 -0.20% 1
Financial Modelling
England

For the 6 months to 27 June 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 London region with a requirement for Financial Modelling.

1 57 (100.00%) Finance
2 17 (29.82%) Analytical Skills
3 16 (28.07%) Retail
4 15 (26.32%) Banking
5 13 (22.81%) MBA
5 13 (22.81%) Analytics
6 11 (19.30%) C#
6 11 (19.30%) Mathematics
7 10 (17.54%) RAD
7 10 (17.54%) E-Commerce
7 10 (17.54%) SAS
7 10 (17.54%) Relational Database
7 10 (17.54%) Tableau
7 10 (17.54%) Mathematical Modelling
8 9 (15.79%) Business Intelligence
8 9 (15.79%) Microsoft Excel
8 9 (15.79%) SQL
8 9 (15.79%) Teradata
8 9 (15.79%) Hadoop
9 8 (14.04%) Test Automation
9 8 (14.04%) Marketing
9 8 (14.04%) Big Data
10 7 (12.28%) R
10 7 (12.28%) Data Visualisation
10 7 (12.28%) REST
10 7 (12.28%) Quantitative Research
10 7 (12.28%) Agile Software Development
10 7 (12.28%) Web Analytics
10 7 (12.28%) Visualisation
10 7 (12.28%) Digital Marketing

Financial Modelling
Co-occurring IT Skills in 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 10 (17.54%) SAS
2 3 (5.26%) Tomcat
3 1 (1.75%) Apache Spark
3 1 (1.75%) SAP Portal
Applications
1 9 (15.79%) Microsoft Excel
2 1 (1.75%) Microsoft Office
2 1 (1.75%) Microsoft PowerPoint
2 1 (1.75%) Spreadsheet
2 1 (1.75%) SPSS
2 1 (1.75%) Stata
Business Applications
1 1 (1.75%) Cognos Planning
1 1 (1.75%) OpenText VIM for SAP
1 1 (1.75%) SAP Oil and Gas
1 1 (1.75%) SAP S/4HANA
Cloud Services
1 1 (1.75%) Microsoft Azure
1 1 (1.75%) SaaS
Communications & Networking
1 1 (1.75%) Broadband
Database & Business Intelligence
1 10 (17.54%) Relational Database
2 9 (15.79%) Hadoop
3 8 (14.04%) Big Data
4 3 (5.26%) SQL Server
5 1 (1.75%) Base SAS
5 1 (1.75%) Data Warehouse
5 1 (1.75%) Oracle Database
5 1 (1.75%) Power BI
5 1 (1.75%) SAS Enterprise Guide
5 1 (1.75%) SAS Enterprise Miner
General
1 57 (100.00%) Finance
2 16 (28.07%) Retail
3 15 (26.32%) Banking
4 8 (14.04%) Marketing
5 6 (10.53%) Legal
6 3 (5.26%) Front Office
6 3 (5.26%) Law
6 3 (5.26%) Retail Banking
7 2 (3.51%) Telecoms
8 1 (1.75%) Billing
8 1 (1.75%) Electronics
8 1 (1.75%) Games
8 1 (1.75%) Investment Banking
8 1 (1.75%) Manufacturing
Job Titles
1 26 (45.61%) Analyst
2 15 (26.32%) Developer
3 13 (22.81%) Business Analyst
4 8 (14.04%) C# Developer
5 7 (12.28%) Banking Analyst
6 5 (8.77%) Consultant
6 5 (8.77%) Credit Analyst
6 5 (8.77%) Data Analyst
6 5 (8.77%) Financial Analyst
7 4 (7.02%) Commercial Manager
7 4 (7.02%) Report Analyst
8 3 (5.26%) Data Business Analyst
8 3 (5.26%) Finance Business Analyst
8 3 (5.26%) Financial Business Analyst
8 3 (5.26%) Perl Developer
8 3 (5.26%) Quantitative Developer
8 3 (5.26%) Senior Developer
8 3 (5.26%) Software Developer
9 2 (3.51%) Data Insight Analyst
9 2 (3.51%) Insight Data Analyst
Libraries, Frameworks & Software Standards
1 7 (12.28%) REST
2 2 (3.51%) .NET
3 1 (1.75%) CSS
3 1 (1.75%) CSS3
3 1 (1.75%) HTML
3 1 (1.75%) HTML5
3 1 (1.75%) SAP Fiori
Miscellaneous
1 17 (29.82%) Analytical Skills
2 6 (10.53%) Equities
3 5 (8.77%) Credit Risk
4 4 (7.02%) Derivative
4 4 (7.02%) Fixed Income
4 4 (7.02%) Market Risk
5 3 (5.26%) Algorithms
5 3 (5.26%) Credit Derivative
5 3 (5.26%) Data Structures
6 2 (3.51%) Fintech
6 2 (3.51%) Foreign Exchange (FX)
7 1 (1.75%) Handset
7 1 (1.75%) User Experience
7 1 (1.75%) Virtual Team
Operating Systems
1 1 (1.75%) Android
1 1 (1.75%) Apple iOS
1 1 (1.75%) Unix
Processes & Methodologies
1 13 (22.81%) Analytics
2 11 (19.30%) Mathematics
3 10 (17.54%) E-Commerce
3 10 (17.54%) Mathematical Modelling
3 10 (17.54%) RAD
4 9 (15.79%) Business Intelligence
5 8 (14.04%) Test Automation
6 7 (12.28%) Agile Software Development
6 7 (12.28%) Data Extraction
6 7 (12.28%) Data Visualisation
6 7 (12.28%) Digital Marketing
6 7 (12.28%) Quantitative Research
6 7 (12.28%) Visualisation
6 7 (12.28%) Web Analytics
7 6 (10.53%) DNA
7 6 (10.53%) Econometrics
7 6 (10.53%) Stakeholder Management
7 6 (10.53%) Statistics
7 6 (10.53%) Wealth Management
8 5 (8.77%) CRM
Programming Languages
1 11 (19.30%) C#
2 9 (15.79%) SQL
3 7 (12.28%) R
4 3 (5.26%) Perl
4 3 (5.26%) VBA
5 2 (3.51%) MATLAB
6 1 (1.75%) C
6 1 (1.75%) C++
6 1 (1.75%) Scala
Qualifications
1 13 (22.81%) MBA
2 6 (10.53%) Degree
3 5 (8.77%) CFA
4 1 (1.75%) SC Cleared
4 1 (1.75%) Security Cleared
Quality Assurance & Compliance
1 3 (5.26%) IFRS
2 2 (3.51%) IFRS 9
3 1 (1.75%) GDPR
3 1 (1.75%) PMO
Vendors
1 10 (17.54%) Tableau
2 9 (15.79%) Teradata
3 7 (12.28%) Oracle
4 3 (5.26%) Microsoft
5 2 (3.51%) Cognos
5 2 (3.51%) SAP
6 1 (1.75%) Adobe
6 1 (1.75%) Concur
6 1 (1.75%) hybris
6 1 (1.75%) JD Edwards
6 1 (1.75%) Kronos
6 1 (1.75%) Murex