Period
to 19 November 2017

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Statistical Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Statistical Modelling over the 6 months to 19 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.

Statistical Modelling
England > London
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 565 549 553
Rank change year-on-year -16 +4 -2
Contract jobs citing Statistical Modelling 69 58 49
As % of all contract IT jobs advertised in London 0.15% 0.13% 0.10%
As % of the Processes & Methodologies category 0.17% 0.15% 0.12%
Number of daily rates quoted 47 43 36
London median daily rate £475 £500 £500
Median daily rate % change year-on-year -5.00% - +23.15%
10th Percentile £380 £313 £365
90th Percentile £680 £585 £625
England median daily rate £475 £488 £475
% change year-on-year -2.56% +2.63% +18.75%
Number of hourly rates quoted 0 2 3
London median hourly rate - £20.48 £80.00
Median hourly rate % change year-on-year - -74.41% -52.94%
England median hourly rate £34.50 £20.48 £80.00
% change year-on-year +68.50% -74.41% +515.38%

Statistical 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 London with a requirement for process or methodology skills.

All Process and Methodology Skills
London
Contract vacancies with a requirement for process or methodology skills 40213 38714 39399
As % of all contract IT jobs advertised in London 86.99% 86.21% 83.79%
Number of daily rates quoted 29244 27790 28144
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £305 £288
90th Percentile £670 £644 £638
England median daily rate £450 £425 £422
% change year-on-year +5.88% +0.62% +5.60%
Number of hourly rates quoted 374 399 477
London median hourly rate £22.50 £22.00 £20.00
Median hourly rate % change year-on-year +2.27% +10.00% +11.11%
10th Percentile £13.31 £12.25 £11.25
90th Percentile £52.35 £50.61 £50.00
England median hourly rate £23.75 £24.41 £22.50
% change year-on-year -2.70% +8.49% +18.42%

Statistical Modelling
Job Vacancy Trend in London

Job postings citing Statistical Modelling as a percentage of all IT jobs advertised in London.

Job vacancy trend for Statistical Modelling in London

Statistical Modelling
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Statistical Modelling in London

Statistical Modelling
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Statistical Modelling in London over the 6 months to 19 November 2017.

Contractor daily rate histogram for Statistical Modelling in London

Statistical Modelling
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Statistical Modelling in London

Statistical 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 Statistical Modelling within the London region over the 6 months to 19 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
East London -2 9 £600 +4.35%
South London - 6 £400 - 1
West London -6 5 £425 +88.89%
Central London -6 4 £475 +46.15% 6
Statistical Modelling
England

For the 6 months to 19 November 2017, IT contractor jobs citing Statistical 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 Statistical Modelling.

1 39 (56.52%) Python
2 38 (55.07%) SQL
3 36 (52.17%) R
4 31 (44.93%) Analytics
4 31 (44.93%) Analytical Skills
5 30 (43.48%) Big Data
6 28 (40.58%) Finance
6 28 (40.58%) Data Analysis
7 27 (39.13%) Machine Learning
8 26 (37.68%) Visualisation
8 26 (37.68%) Mathematics
9 25 (36.23%) Algorithms
10 23 (33.33%) Hadoop
11 22 (31.88%) Degree
12 19 (27.54%) Data Mining
13 18 (26.09%) Java
13 18 (26.09%) Software Engineering
14 17 (24.64%) Tableau
14 17 (24.64%) NoSQL
15 15 (21.74%) Apache Hive
16 14 (20.29%) Data Visualisation
16 14 (20.29%) Agile Software Development
16 14 (20.29%) Continuous Integration
17 13 (18.84%) Apache Spark
17 13 (18.84%) Pandas
18 12 (17.39%) MapReduce
18 12 (17.39%) Data Warehouse
18 12 (17.39%) E-Commerce
19 11 (15.94%) ETL
19 11 (15.94%) Statistics

Statistical 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 13 (18.84%) Apache Spark
2 10 (14.49%) Apache Pig
2 10 (14.49%) Apache Solr
3 9 (13.04%) SAS
Applications
1 5 (7.25%) Microsoft Excel
2 2 (2.90%) Microsoft Office
3 1 (1.45%) EViews
3 1 (1.45%) Microsoft PowerPoint
3 1 (1.45%) SPSS
Business Applications
1 3 (4.35%) WebTrends
2 1 (1.45%) Hyperion Planning
2 1 (1.45%) Relativity
Cloud Services
1 9 (13.04%) Amazon AWS
1 9 (13.04%) Amazon EC2
1 9 (13.04%) Microsoft Azure
2 4 (5.80%) Adobe Analytics
3 3 (4.35%) GitHub
3 3 (4.35%) Google Analytics
4 1 (1.45%) Google Cloud Platform
4 1 (1.45%) Google Tag Manager
Communications & Networking
1 1 (1.45%) Broadband
Database & Business Intelligence
1 30 (43.48%) Big Data
2 23 (33.33%) Hadoop
3 19 (27.54%) Data Mining
4 17 (24.64%) NoSQL
5 15 (21.74%) Apache Hive
6 12 (17.39%) Data Warehouse
7 11 (15.94%) Relational Database
8 10 (14.49%) Apache Cassandra
8 10 (14.49%) Impala
8 10 (14.49%) MarkLogic
8 10 (14.49%) MongoDB
8 10 (14.49%) Riak
9 8 (11.59%) Blockchain
10 6 (8.70%) Power BI
11 2 (2.90%) QlikView
12 1 (1.45%) BusinessObjects
12 1 (1.45%) Essbase
12 1 (1.45%) GIS
12 1 (1.45%) SQL Server
12 1 (1.45%) Text Mining
General
1 28 (40.58%) Finance
2 9 (13.04%) Games
3 8 (11.59%) Banking
4 5 (7.25%) Investment Banking
4 5 (7.25%) Marketing
5 3 (4.35%) Retail
5 3 (4.35%) Retail Banking
6 2 (2.90%) Front Office
6 2 (2.90%) Telecoms
7 1 (1.45%) Advertising
7 1 (1.45%) Electronics
7 1 (1.45%) Local Government
7 1 (1.45%) Manufacturing
Job Titles
1 21 (30.43%) Data Scientist
2 20 (28.99%) Analyst
3 16 (23.19%) Developer
4 9 (13.04%) Big Data Developer
5 8 (11.59%) Data Analyst
6 5 (7.25%) Portfolio Manager
6 5 (7.25%) Portfolio Office Manager
7 4 (5.80%) Digital Analyst
7 4 (5.80%) SQL Analyst
8 3 (4.35%) Business Analyst
8 3 (4.35%) Business Intelligence Analyst
8 3 (4.35%) Data Manager
8 3 (4.35%) Product Manager
8 3 (4.35%) SQL Data Analyst
8 3 (4.35%) Statistical Modeller
8 3 (4.35%) Web Analyst
9 2 (2.90%) Credit Analyst
9 2 (2.90%) Credit Risk Analyst
9 2 (2.90%) PMO Manager
9 2 (2.90%) Risk Analyst
Libraries, Frameworks & Software Standards
1 13 (18.84%) Pandas
2 10 (14.49%) Hibernate
2 10 (14.49%) JMS
2 10 (14.49%) Kafka
2 10 (14.49%) Lucene
2 10 (14.49%) Spring
3 9 (13.04%) Natural Language Processing
4 8 (11.59%) Play Framework
5 6 (8.70%) scikit-learn
6 5 (7.25%) D3.js
7 1 (1.45%) Bokeh
7 1 (1.45%) XML
Miscellaneous
1 31 (44.93%) Analytical Skills
2 25 (36.23%) Algorithms
3 9 (13.04%) Computer Science
3 9 (13.04%) Replication
4 8 (11.59%) Fintech
5 6 (8.70%) User Experience
6 3 (4.35%) Greenfield Project
7 2 (2.90%) Credit Risk
7 2 (2.90%) Foreign Exchange (FX)
7 2 (2.90%) Management Information System
7 2 (2.90%) Market Risk
8 1 (1.45%) Derivative
8 1 (1.45%) Equity Derivative
8 1 (1.45%) Exotic Derivative
8 1 (1.45%) Fixed Income
8 1 (1.45%) FMCG
8 1 (1.45%) Swaptions
Operating Systems
1 10 (14.49%) Unix
2 9 (13.04%) CentOS
2 9 (13.04%) Linux
2 9 (13.04%) Red Hat Enterprise Linux
Processes & Methodologies
1 31 (44.93%) Analytics
2 28 (40.58%) Data Analysis
3 27 (39.13%) Machine Learning
4 26 (37.68%) Mathematics
4 26 (37.68%) Visualisation
5 18 (26.09%) Software Engineering
6 14 (20.29%) Agile Software Development
6 14 (20.29%) Continuous Integration
6 14 (20.29%) Data Visualisation
7 12 (17.39%) E-Commerce
7 12 (17.39%) MapReduce
8 11 (15.94%) ETL
8 11 (15.94%) Statistics
9 10 (14.49%) Open Source
10 9 (13.04%) Business Intelligence
10 9 (13.04%) Information Retrieval
10 9 (13.04%) Mathematical Modelling
10 9 (13.04%) Scrum
11 8 (11.59%) Disruptive Innovation
11 8 (11.59%) PRINCE2
Programming Languages
1 39 (56.52%) Python
2 38 (55.07%) SQL
3 36 (52.17%) R
4 18 (26.09%) Java
5 11 (15.94%) Scala
6 10 (14.49%) Bash Shell
6 10 (14.49%) C#
6 10 (14.49%) JavaScript
6 10 (14.49%) Perl
7 6 (8.70%) C++
8 3 (4.35%) MATLAB
8 3 (4.35%) VBA
9 1 (1.45%) C
9 1 (1.45%) Go
Qualifications
1 22 (31.88%) Degree
2 8 (11.59%) Security Cleared
3 7 (10.14%) PhD
4 5 (7.25%) Computer Science Degree
4 5 (7.25%) Master's Degree
4 5 (7.25%) SC Cleared
5 2 (2.90%) DV Cleared
6 1 (1.45%) BPSS Clearance
Quality Assurance & Compliance
1 8 (11.59%) PMO
2 7 (10.14%) Data Quality
3 3 (4.35%) IFRS
3 3 (4.35%) IFRS 9
4 1 (1.45%) Actionable Recommendations
4 1 (1.45%) Disclosure Scotland
4 1 (1.45%) QA
Systems Management
1 10 (14.49%) Hadoop YARN
Vendors
1 17 (24.64%) Tableau
2 4 (5.80%) Adobe
3 3 (4.35%) Google
4 2 (2.90%) SAP
4 2 (2.90%) Tealeaf
5 1 (1.45%) Ensighten
5 1 (1.45%) Hyperion
5 1 (1.45%) Microsoft