The following table provides summary statistics for contract job vacancies advertised in the North West 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 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
27 Mar 2017
Same period 2016 Same period 2015
Financial Modelling
England / North West
Rank 131 157 146
Rank change year-on-year +26 -11  
Contract jobs citing Financial Modelling 1 1 9
As % of all contract IT jobs advertised in the North West 0.039% 0.026% 0.25%
As % of the Processes & Methodologies category 0.047% 0.032% 0.31%
Number of daily rates quoted 0 0 3
Median daily rate - - £475
UK excluding London median daily rate £360 £450 £475
% change year-on-year -20.00% -5.26%  
Number of hourly rates quoted 0 0 2
Median hourly rate - - £18.00
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 North West with a requirement for process and methodology skills.

Contract Process & Methodology Skills
North West
Contract job vacancies with a requirement for process and methodology skills 2127 3164 2871
As % of all contract IT job vacancies advertised in the North West 82.38% 82.44% 78.81%
Number of daily rates quoted 1350 1916 1562
Median daily rate £400 £400 £400
90% offered a daily rate of more than £280 £290 £275
10% offered a daily rate of more than £550 £538 £550
UK excluding London median daily rate £410 £400 £396
% change year-on-year +2.50% +1.01%  
Number of hourly rates quoted 109 122 130
Median hourly rate £41.00 £37.50 £40.00
Median hourly rate % change year-on-year +9.33% -6.25%  
90% offered a hourly rate of more than £16.00 £16.00 £13.00
10% offered a hourly rate of more than £50.90 £50.00 £60.00
UK excluding London median hourly rate £36.25 £38.50 £30.20
% change year-on-year -5.84% +27.48%  

Financial Modelling
Job Vacancy Trend in the North West

The job posting trend of jobs advertised in the North West 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 North West

Financial Modelling
Contractor Daily Rate Trend in the North West

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

Contractor daily rate trend for Financial Modelling in the North West

Financial Modelling
Contract Job Locations in the North West

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 North West region over the 3 months to 27 March 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
Manchester - 1 - - 1
Financial Modelling
England

Financial Modelling
Top 10 Related IT Skills in the North West

For the 6 months to 27 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 North West region with a requirement for Financial Modelling.

1 4 (100.00%) Finance
2 1 (25.00%) VBA
2 1 (25.00%) MS Excel
2 1 (25.00%) SAS
2 1 (25.00%) SAS Certification
2 1 (25.00%) Banking
2 1 (25.00%) QA
2 1 (25.00%) Credit Risk
2 1 (25.00%) SAS Enterprise Guide
2 1 (25.00%) Infrastructure Management

Financial Modelling
Top Related IT Skills in the North West 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 (25.00%) SAS
Applications
1 1 (25.00%) MS Excel
Database & Business Intelligence
1 1 (25.00%) SAS Enterprise Guide
General
1 4 (100.00%) Finance
2 1 (25.00%) Banking
Job Titles
1 2 (50.00%) Developer
2 1 (25.00%) Excel Developer
2 1 (25.00%) Excel Specialist
2 1 (25.00%) SAS Developer
Miscellaneous
1 1 (25.00%) Credit Risk
Processes & Methodologies
1 1 (25.00%) Infrastructure Management
Programming Languages
1 1 (25.00%) VBA
Qualifications
1 1 (25.00%) SAS Certification
Quality Assurance & Compliance
1 1 (25.00%) QA