The following table provides summary statistics for contract job vacancies 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
UK
Rank 521 575 564
Rank change year-on-year +54 -11  
Contract jobs citing Financial Modelling 62 65 67
As % of all contract IT jobs advertised in the UK 0.14% 0.12% 0.12%
As % of the Processes & Methodologies category 0.17% 0.15% 0.16%
Number of daily rates quoted 41 52 50
Median daily rate £425 £456 £500
Median daily rate % change year-on-year -6.84% -8.75%  
90% offered a daily rate of more than £301 £301 £380
10% offered a daily rate of more than £550 £673 £600
UK excluding London median daily rate £360 £450 £475
% change year-on-year -20.00% -5.26%  
Number of hourly rates quoted 1 0 2
Median hourly rate £24.45 - £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 with a requirement for process and methodology skills.

Contract Process & Methodology Skills
UK
Contract job vacancies with a requirement for process and methodology skills 37338 44118 43065
As % of all contract IT job vacancies advertised in the UK 83.13% 82.88% 79.71%
Number of daily rates quoted 24672 28919 26679
Median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.31%  
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £410 £400 £396
% change year-on-year +2.50% +1.01%  
Number of hourly rates quoted 945 1114 1248
Median hourly rate £36.00 £37.50 £28.50
Median hourly rate % change year-on-year -4.00% +31.57%  
90% offered a hourly rate of more than £13.00 £13.00 £12.10
10% offered a hourly rate of more than £53.00 £55.00 £49.50
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

The job posting trend of jobs advertised 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 UK

Financial Modelling
Contractor Daily Rate Trend

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

Contractor daily rate trend for Financial Modelling in the UK

Financial Modelling
Contractor Daily Rate Histogram

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

Contractor daily rate histogram for Financial Modelling in the UK

Financial Modelling
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Financial Modelling in the UK

Financial Modelling
Top 24 Contract Locations

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 UK 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
England +48 61 £425 -8.10% 19
London +36 31 £450 -2.70% 8
South East +21 18 £301 +4.52% 5
Hampshire +17 8 £300 +9.09%
East of England - 6 £500 - 2
Berkshire +33 5 - - 1
City of London +3 4 £538 +34.37% 2
Bracknell - 4 - -
Bedfordshire - 4 £525 -
Bristol +7 3 £600 -
South West +4 3 £600 +33.33%
Buckinghamshire -7 3 £360 -
West Midlands +12 2 £400 -36.00% 1
Milton Keynes +2 2 £358 -
Welwyn Garden City - 2 £325 -
Coventry - 2 £400 -
Hertfordshire - 2 £325 -
North West +26 1 - - 1
Winchester +7 1 £300 -
Billingshurst - 1 - -
Manchester - 1 - - 1
West Sussex - 1 - -
Havant - 1 £523 -
Aylesbury - 1 £400 -

Financial Modelling
Top 30 Related IT Skills

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 with a requirement for Financial Modelling.

1 113 (100.00%) Finance
2 26 (23.01%) Analytical Skills
3 19 (16.81%) Analytics
4 17 (15.04%) Degree
5 13 (11.50%) Mathematics
5 13 (11.50%) Project Management
5 13 (11.50%) MS Excel
6 11 (9.73%) OO
6 11 (9.73%) Stakeholder Management
6 11 (9.73%) Agile Software Development
6 11 (9.73%) Banking
6 11 (9.73%) Business Analysis
7 10 (8.85%) Retail
7 10 (8.85%) SOA
7 10 (8.85%) C#
8 9 (7.96%) VBA
8 9 (7.96%) Oracle
8 9 (7.96%) RAD
8 9 (7.96%) Mathematical Modelling
9 8 (7.08%) Translating Business Requirements
9 8 (7.08%) Fixed Income
9 8 (7.08%) Equities
9 8 (7.08%) E-Commerce
9 8 (7.08%) SAP
9 8 (7.08%) Business Intelligence
9 8 (7.08%) BPR
9 8 (7.08%) Derivative
9 8 (7.08%) Market Risk
9 8 (7.08%) Relational Database
9 8 (7.08%) Spreadsheet

Financial Modelling
Top Related IT Skills 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 7 (6.19%) SAS
2 5 (4.42%) Tomcat
3 3 (2.65%) Alfresco
4 2 (1.77%) CMS
5 1 (0.88%) Apache Spark
5 1 (0.88%) IBM Notes
5 1 (0.88%) SharePoint
Applications
1 13 (11.50%) MS Excel
2 8 (7.08%) Spreadsheet
3 4 (3.54%) MS Office
3 4 (3.54%) MS PowerPoint
4 3 (2.65%) MS Visio
5 2 (1.77%) MS Project
Business Applications
1 4 (3.54%) SAP HCM
2 1 (0.88%) MoSes
2 1 (0.88%) Oracle Financials
2 1 (0.88%) PeopleSoft HCM
2 1 (0.88%) Sage 50
Cloud Services
1 1 (0.88%) SaaS
1 1 (0.88%) SuccessFactors
1 1 (0.88%) Taleo
Communications & Networking
1 1 (0.88%) Broadband
Database & Business Intelligence
1 8 (7.08%) Relational Database
2 7 (6.19%) BusinessObjects
2 7 (6.19%) SAP BW
3 6 (5.31%) Data Warehouse
4 4 (3.54%) Big Data
4 4 (3.54%) Hadoop
5 3 (2.65%) SQL Server
6 2 (1.77%) SAS Enterprise Guide
7 1 (0.88%) Base SAS
7 1 (0.88%) MS Access
7 1 (0.88%) Oracle Database
7 1 (0.88%) Oracle Reports
7 1 (0.88%) SAS Enterprise Miner
General
1 113 (100.00%) Finance
2 11 (9.73%) Banking
3 10 (8.85%) Retail
4 6 (5.31%) Legal
5 5 (4.42%) Marketing
6 4 (3.54%) Telecoms
7 3 (2.65%) Front Office
8 2 (1.77%) Law
8 2 (1.77%) Local Government
9 1 (0.88%) Back Office
9 1 (0.88%) Billing
9 1 (0.88%) Games
9 1 (0.88%) Manufacturing
9 1 (0.88%) Retail Banking
Job Titles
1 37 (32.74%) Analyst
2 23 (20.35%) Business Analyst
3 22 (19.47%) Developer
4 11 (9.73%) Architect
5 9 (7.96%) Consultant
6 8 (7.08%) Financial Analyst
7 7 (6.19%) C# Developer
7 7 (6.19%) Solutions Architect
8 6 (5.31%) Data Analyst
8 6 (5.31%) HR Consultant
9 5 (4.42%) Commercial Manager
9 5 (4.42%) Perl Developer
10 4 (3.54%) Administrator
10 4 (3.54%) Project Administrator
10 4 (3.54%) Quantitative Developer
11 3 (2.65%) Financial Business Analyst
11 3 (2.65%) Project Manager
11 3 (2.65%) Report Analyst
11 3 (2.65%) Senior Developer
11 3 (2.65%) Technical Architect
Libraries, Frameworks & Software Standards
1 6 (5.31%) REST
2 4 (3.54%) Middleware
3 2 (1.77%) CSS
3 2 (1.77%) CSS3
3 2 (1.77%) HTML
3 2 (1.77%) HTML5
4 1 (0.88%) .NET
4 1 (0.88%) jQuery
4 1 (0.88%) Mason
Miscellaneous
1 26 (23.01%) Analytical Skills
2 8 (7.08%) Derivative
2 8 (7.08%) Equities
2 8 (7.08%) Fixed Income
2 8 (7.08%) Market Risk
3 7 (6.19%) Computer Science
4 5 (4.42%) Algorithms
4 5 (4.42%) Credit Derivative
4 5 (4.42%) Management Information System
5 4 (3.54%) Data Centre
5 4 (3.54%) Foreign Exchange (FX)
6 2 (1.77%) Credit Risk
6 2 (1.77%) Data Structures
6 2 (1.77%) FMCG
6 2 (1.77%) Hedge funds
6 2 (1.77%) User Experience
6 2 (1.77%) Virtual Team
7 1 (0.88%) Fintech
7 1 (0.88%) NHS
7 1 (0.88%) OTC Derivatives
Operating Systems
1 3 (2.65%) Unix
2 2 (1.77%) Android
2 2 (1.77%) Apple iOS
Processes & Methodologies
1 19 (16.81%) Analytics
2 13 (11.50%) Mathematics
2 13 (11.50%) Project Management
3 11 (9.73%) Agile Software Development
3 11 (9.73%) Business Analysis
3 11 (9.73%) OO
3 11 (9.73%) Stakeholder Management
4 10 (8.85%) SOA
5 9 (7.96%) Mathematical Modelling
5 9 (7.96%) RAD
6 8 (7.08%) BPR
6 8 (7.08%) Business Intelligence
6 8 (7.08%) E-Commerce
6 8 (7.08%) Translating Business Requirements
7 7 (6.19%) Technical Architecture
8 6 (5.31%) Workflow
9 5 (4.42%) CRM
9 5 (4.42%) DNA
9 5 (4.42%) OOA/OOD
9 5 (4.42%) Wealth Management
Programming Languages
1 10 (8.85%) C#
2 9 (7.96%) VBA
3 7 (6.19%) SQL
4 5 (4.42%) Perl
4 5 (4.42%) R
5 3 (2.65%) Java
6 2 (1.77%) C
6 2 (1.77%) C++
6 2 (1.77%) MATLAB
7 1 (0.88%) JavaScript
7 1 (0.88%) Python
7 1 (0.88%) Scala
Qualifications
1 17 (15.04%) Degree
2 7 (6.19%) MBA
3 5 (4.42%) Security Cleared
4 2 (1.77%) ACCA
4 2 (1.77%) SC Cleared
5 1 (0.88%) BPSS Clearance
5 1 (0.88%) CFA
5 1 (0.88%) CIMA
5 1 (0.88%) DV Cleared
5 1 (0.88%) PMI Certification
5 1 (0.88%) PMP
5 1 (0.88%) PRINCE2 Practitioner
5 1 (0.88%) SAS Certification
Quality Assurance & Compliance
1 4 (3.54%) IFRS
1 4 (3.54%) PMO
2 2 (1.77%) IFRS 9
2 2 (1.77%) SLA
3 1 (0.88%) GAAP
3 1 (0.88%) QA
Systems Management
1 2 (1.77%) Opscode Chef
Vendors
1 9 (7.96%) Oracle
2 8 (7.08%) SAP
3 6 (5.31%) Microsoft
4 4 (3.54%) hybris
4 4 (3.54%) Tableau
4 4 (3.54%) Teradata
5 3 (2.65%) CheckPoint
5 3 (2.65%) ClickSoftware Technologies
5 3 (2.65%) IBM
5 3 (2.65%) Kenexa
5 3 (2.65%) TIBCO
6 2 (1.77%) Ariba
6 2 (1.77%) HP
7 1 (0.88%) JD Edwards
7 1 (0.88%) Lotus
7 1 (0.88%) PeopleSoft
7 1 (0.88%) Workday
Nottingham, Nottinghamshire
Experis Ltd
Rate: £25 - £26 per hour
Posted: 6 hours ago
North West London
Sopra Steria Recruitment
Posted: 5 days ago
Warwickshire
Spring Technology
Posted: 6 days ago
London
Venturi
Rate: £400 - £500 per day
Posted: 5 days ago
Edinburgh, Midlothian
TEKsystems
Rate: £375 - £425 per day
Posted: 5 days ago
London
Streamline Connections Ltd
Rate: £500 - £600 per day
Posted: 7 days ago