The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Stochastic Calculus skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Stochastic Calculus over the 3 months to 26 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.

Stochastic Calculus
England / London
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 421 - -
Rank change year-on-year - 0  
Contract jobs citing Stochastic Calculus 3 0 0
As % of all contract IT jobs advertised in London 0.014% - -
As % of the Processes & Methodologies category 0.017% - -
Number of daily rates quoted 3 0 0
Median daily rate £750 - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Stochastic Calculus 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 17979 18242 19175
As % of all contract IT job vacancies advertised in London 86.61% 85.33% 82.14%
Number of daily rates quoted 12883 13341 13612
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 £630 £625
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 188 156 254
Median hourly rate £26.50 £21.00 £22.00
Median hourly rate % change year-on-year +26.19% -4.54%  
90% offered a hourly rate of more than £14.75 £12.50 £11.00
10% offered a hourly rate of more than £51.25 £46.00 £55.40
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Stochastic Calculus
Job Vacancy Trend in London

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

Job vacancy trend for Stochastic Calculus in London

Stochastic Calculus
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Stochastic Calculus in London

For the 6 months to 26 June 2017, IT contractor jobs citing Stochastic Calculus 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 Stochastic Calculus.

1 8 (100.00%) C++
1 8 (100.00%) Foreign Exchange (FX)
2 6 (75.00%) Analytics
3 5 (62.50%) Front Office
4 4 (50.00%) Degree
5 3 (37.50%) Mathematics
5 3 (37.50%) Finance
5 3 (37.50%) Validation
5 3 (37.50%) Derivative
5 3 (37.50%) Quantitative Research
6 2 (25.00%) Stochastic Volatility
6 2 (25.00%) Market Risk
6 2 (25.00%) Stress Testing
6 2 (25.00%) Banking
7 1 (12.50%) Analytical Skills
7 1 (12.50%) Financial Modelling
7 1 (12.50%) Monte Carlo Method
7 1 (12.50%) PhD
7 1 (12.50%) Mathematical Modelling

Stochastic Calculus
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:

General
1 5 (62.50%) Front Office
2 3 (37.50%) Finance
3 2 (25.00%) Banking
Job Titles
1 7 (87.50%) Developer
1 7 (87.50%) Quantitative Developer
2 2 (25.00%) Front Office Developer
3 1 (12.50%) Analyst
3 1 (12.50%) Qualitative Analyst
3 1 (12.50%) Quantitative Analyst
Miscellaneous
1 8 (100.00%) Foreign Exchange (FX)
2 3 (37.50%) Derivative
3 2 (25.00%) Market Risk
4 1 (12.50%) Analytical Skills
Processes & Methodologies
1 6 (75.00%) Analytics
2 3 (37.50%) Mathematics
2 3 (37.50%) Quantitative Research
2 3 (37.50%) Validation
3 2 (25.00%) Stochastic Volatility
3 2 (25.00%) Stress Testing
4 1 (12.50%) Financial Modelling
4 1 (12.50%) Mathematical Modelling
4 1 (12.50%) Monte Carlo Method
Programming Languages
1 8 (100.00%) C++
Qualifications
1 4 (50.00%) Degree
2 1 (12.50%) PhD