Period
to 25 July 2017

The following table provides summary statistics for contract job vacancies advertised in Scotland 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 6 months to 25 July 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
UK > Scotland
6 months to
25 Jul 2017
Same period 2016 Same period 2015
Rank 166 207 199
Rank change year-on-year +41 -8 -14
Contract jobs citing Financial Modelling 1 4 6
As % of all contract IT jobs advertised in Scotland 0.024% 0.073% 0.096%
As % of the Processes & Methodologies category 0.029% 0.086% 0.12%
Number of daily rates quoted 1 3 4
Scotland median daily rate £400 £350 £425
Median daily rate % change year-on-year +14.29% -17.65% -22.73%
10th Percentile £388 £325 £353
90th Percentile £413 £385 £473
UK median daily rate £450 £400 £475
% change year-on-year +12.50% -15.79% +11.76%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate £25.50 - £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 Scotland with a requirement for process and methodology skills.

Contract Process & Methodology Skills
Scotland
Contract job vacancies with a requirement for process and methodology skills 3491 4670 5117
As % of all contract IT job vacancies advertised in Scotland 82.80% 84.96% 81.58%
Number of daily rates quoted 2033 2671 2662
Scotland median daily rate £385 £375 £375
Median daily rate % change year-on-year +2.67% - -
10th Percentile £256 £235 £250
90th Percentile £525 £506 £500
UK median daily rate £450 £425 £400
% change year-on-year +5.88% +6.25% -
Number of hourly rates quoted 76 89 121
Scotland median hourly rate £30.50 £36.00 £30.00
Median hourly rate % change year-on-year -15.28% +20.00% +33.33%
10th Percentile £13.00 £11.29 £12.35
90th Percentile £45.50 £43.15 £45.00
UK median hourly rate £25.00 £25.00 £22.00
% change year-on-year - +13.64% +4.76%

Financial Modelling
Job Vacancy Trend in Scotland

Job postings citing Financial Modelling as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for Financial Modelling in Scotland

Financial Modelling
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for Financial Modelling in Scotland

Financial Modelling
Contract Job Locations in Scotland

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 Scotland region over the 6 months to 25 July 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
Edinburgh +21 1 £400 +14.29%
Financial Modelling
UK

For the 6 months to 25 July 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 Scotland region with a requirement for Financial Modelling.

1 1 (100.00%) VBA
1 1 (100.00%) Microsoft Excel
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) Statistical Analysis

Financial Modelling
Co-occurring IT Skills in Scotland 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:

Applications
1 1 (100.00%) Microsoft Excel
General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Excel Analyst
1 1 (100.00%) Statistical Analyst
1 1 (100.00%) Statistical Modeller
Processes & Methodologies
1 1 (100.00%) Statistical Analysis
Programming Languages
1 1 (100.00%) VBA