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 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.

Financial Modelling
UK
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 553 564 574
Rank change year-on-year +11 +10  
Contract jobs citing Financial Modelling 54 87 67
As % of all contract IT jobs advertised in the UK 0.11% 0.16% 0.12%
As % of the Processes & Methodologies category 0.14% 0.20% 0.15%
Number of daily rates quoted 33 70 46
Median daily rate £450 £411 £450
Median daily rate % change year-on-year +9.42% -8.61%  
90% offered a daily rate of more than £290 £339 £338
10% offered a daily rate of more than £600 £721 £600
UK excluding London median daily rate £423 £380 £450
% change year-on-year +11.18% -15.55%  
Number of hourly rates quoted 2 0 0
Median hourly rate £25.50 - -
UK excluding London median hourly rate £25.50 - -

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 39704 44234 45146
As % of all contract IT job vacancies advertised in the UK 84.45% 83.33% 80.72%
Number of daily rates quoted 25886 29348 28980
Median daily rate £450 £438 £413
Median daily rate % change year-on-year +2.85% +6.06%  
90% offered a daily rate of more than £313 £300 £285
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 1051 1071 1257
Median hourly rate £32.50 £27.50 £27.50
Median hourly rate % change year-on-year +18.18% -  
90% offered a hourly rate of more than £13.00 £12.58 £12.35
10% offered a hourly rate of more than £53.00 £48.65 £50.00
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

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 26 June 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 contractor hourly rates quoted in IT jobs citing Financial Modelling.

Contractor hourly rate trend for Financial Modelling in the UK

Financial Modelling
Top 30 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 26 June 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 +1 52 £450 +9.42% 24
London -26 25 £475 -5.00% 9
South East +19 8 £388 -1.58% 6
North West +17 5 £438 +16.66% 4
East of England - 5 £548 - 1
East Midlands - 5 - - 1
Nottingham - 5 - -
Nottinghamshire - 5 - -
Bedfordshire - 4 £549 - 1
Berkshire +20 3 £460 +28.22% 2
Manchester +14 3 £450 +18.42% 2
Yorkshire +24 2 £250 -30.06%
West Yorkshire +18 2 £250 -62.96%
Hampshire -1 2 £400 +6.66%
City of London -7 2 £599 -0.20% 1
Wakefield - 2 £250 -
Scotland +34 1 £400 +6.66% 1
Cheshire +21 1 £425 +15.02% 1
Edinburgh +16 1 £400 +6.66%
Reading +15 1 £460 +18.70%
Winchester +4 1 £400 +6.66%
South West +4 1 - -
West Midlands - 1 - - 1
Hertfordshire - 1 £548 -
Warwick - 1 - -
Horsham - 1 £288 -
Wilmslow - 1 £425 - 1
Hove - 1 - -
Luton - 1 £650 - 1
Maidenhead - 1 - -

For the 6 months to 26 June 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.

1 116 (100.00%) Finance
2 33 (28.45%) Analytical Skills
3 24 (20.69%) Retail
4 20 (17.24%) Degree
5 19 (16.38%) Microsoft Excel
6 17 (14.66%) Business Analysis
7 16 (13.79%) Analytics
8 15 (12.93%) E-Commerce
8 15 (12.93%) Banking
9 14 (12.07%) Business Intelligence
10 13 (11.21%) Mathematics
11 12 (10.34%) SAS
11 12 (10.34%) SQL
11 12 (10.34%) MBA
12 11 (9.48%) C#
12 11 (9.48%) SOA
12 11 (9.48%) CRM
12 11 (9.48%) Translating Business Requirements
13 10 (8.62%) Mathematical Modelling
13 10 (8.62%) RAD
13 10 (8.62%) Relational Database
13 10 (8.62%) Tableau
14 9 (7.76%) Hadoop
14 9 (7.76%) Stakeholder Management
14 9 (7.76%) Teradata
15 8 (6.90%) Agile Software Development
15 8 (6.90%) Oracle
15 8 (6.90%) Test Automation
15 8 (6.90%) Big Data
15 8 (6.90%) Marketing

Financial Modelling
Co-occurring 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 12 (10.34%) SAS
2 5 (4.31%) CMS
3 3 (2.59%) Alfresco
3 3 (2.59%) Tomcat
4 1 (0.86%) Apache Spark
4 1 (0.86%) SAP Portal
Applications
1 19 (16.38%) Microsoft Excel
2 5 (4.31%) Microsoft PowerPoint
3 3 (2.59%) Microsoft Office
3 3 (2.59%) MS Visio
4 1 (0.86%) Spreadsheet
4 1 (0.86%) SPSS
4 1 (0.86%) Stata
Business Applications
1 1 (0.86%) Cognos Planning
1 1 (0.86%) OpenText VIM for SAP
1 1 (0.86%) Oracle Financials
1 1 (0.86%) Sage 50
1 1 (0.86%) SAP Oil and Gas
1 1 (0.86%) SAP S/4HANA
Cloud Services
1 4 (3.45%) SaaS
2 3 (2.59%) Cloud Computing
3 2 (1.72%) IaaS
3 2 (1.72%) Microsoft Azure
3 2 (1.72%) PaaS
Communications & Networking
1 1 (0.86%) Broadband
1 1 (0.86%) SMS
1 1 (0.86%) Unified Communications
Database & Business Intelligence
1 10 (8.62%) Relational Database
2 9 (7.76%) Hadoop
3 8 (6.90%) Big Data
4 6 (5.17%) Data Warehouse
5 3 (2.59%) SQL Server
6 2 (1.72%) Power BI
6 2 (1.72%) SAS Enterprise Guide
7 1 (0.86%) Base SAS
7 1 (0.86%) MS Access
7 1 (0.86%) Oracle Database
7 1 (0.86%) Oracle Reports
7 1 (0.86%) SAS Enterprise Miner
7 1 (0.86%) SQL Server Reporting Services
General
1 116 (100.00%) Finance
2 24 (20.69%) Retail
3 15 (12.93%) Banking
4 8 (6.90%) Marketing
5 6 (5.17%) Legal
6 4 (3.45%) Law
7 3 (2.59%) Front Office
7 3 (2.59%) Manufacturing
7 3 (2.59%) Retail Banking
7 3 (2.59%) Telecoms
8 2 (1.72%) Back Office
8 2 (1.72%) Local Government
9 1 (0.86%) Billing
9 1 (0.86%) Electronics
9 1 (0.86%) Games
9 1 (0.86%) Investment Banking
Job Titles
1 53 (45.69%) Analyst
2 30 (25.86%) Business Analyst
3 16 (13.79%) Developer
4 13 (11.21%) Financial Analyst
5 12 (10.34%) Architect
6 9 (7.76%) Solutions Architect
7 8 (6.90%) C# Developer
7 8 (6.90%) Data Analyst
8 6 (5.17%) Banking Analyst
8 6 (5.17%) Consultant
9 5 (4.31%) E-Commerce Architect
9 5 (4.31%) E-Commerce Solution Architect
9 5 (4.31%) Service Manager
10 4 (3.45%) Commercial Manager
10 4 (3.45%) Credit Analyst
10 4 (3.45%) Delivery Manager
10 4 (3.45%) Report Analyst
10 4 (3.45%) Services Delivery Manager
11 3 (2.59%) Senior Developer
11 3 (2.59%) Software Developer
Libraries, Frameworks & Software Standards
1 7 (6.03%) REST
2 4 (3.45%) Middleware
3 2 (1.72%) .NET
4 1 (0.86%) CSS
4 1 (0.86%) CSS3
4 1 (0.86%) HTML
4 1 (0.86%) HTML5
4 1 (0.86%) SAP Fiori
Miscellaneous
1 33 (28.45%) Analytical Skills
2 6 (5.17%) Equities
3 5 (4.31%) Computer Science
3 5 (4.31%) Credit Risk
4 4 (3.45%) Data Centre
4 4 (3.45%) Derivative
4 4 (3.45%) Fixed Income
4 4 (3.45%) Market Risk
5 3 (2.59%) Algorithms
5 3 (2.59%) Credit Derivative
5 3 (2.59%) Data Structures
6 2 (1.72%) Fintech
6 2 (1.72%) FMCG
6 2 (1.72%) Foreign Exchange (FX)
7 1 (0.86%) Client/Server
7 1 (0.86%) Handset
7 1 (0.86%) Life Science
7 1 (0.86%) Management Information System
7 1 (0.86%) NHS
7 1 (0.86%) Virtual Team
Operating Systems
1 1 (0.86%) Android
1 1 (0.86%) Apple iOS
1 1 (0.86%) Unix
Processes & Methodologies
1 17 (14.66%) Business Analysis
2 16 (13.79%) Analytics
3 15 (12.93%) E-Commerce
4 14 (12.07%) Business Intelligence
5 13 (11.21%) Mathematics
6 11 (9.48%) CRM
6 11 (9.48%) SOA
6 11 (9.48%) Translating Business Requirements
7 10 (8.62%) Mathematical Modelling
7 10 (8.62%) RAD
8 9 (7.76%) Stakeholder Management
9 8 (6.90%) Agile Software Development
9 8 (6.90%) Test Automation
10 7 (6.03%) Data Extraction
10 7 (6.03%) Data Visualisation
10 7 (6.03%) Digital Marketing
10 7 (6.03%) Service Delivery
10 7 (6.03%) Supplier Management
10 7 (6.03%) Visualisation
10 7 (6.03%) Web Analytics
Programming Languages
1 12 (10.34%) SQL
2 11 (9.48%) C#
3 7 (6.03%) R
4 6 (5.17%) VBA
5 5 (4.31%) Java
6 3 (2.59%) Perl
7 2 (1.72%) C
7 2 (1.72%) MATLAB
8 1 (0.86%) C++
8 1 (0.86%) Scala
8 1 (0.86%) VB
Qualifications
1 20 (17.24%) Degree
2 12 (10.34%) MBA
3 4 (3.45%) CFA
3 4 (3.45%) SC Cleared
3 4 (3.45%) Security Cleared
4 2 (1.72%) ACCA
4 2 (1.72%) CIMA
5 1 (0.86%) CTC Cleared
5 1 (0.86%) SAS Certification
Quality Assurance & Compliance
1 5 (4.31%) IFRS
2 3 (2.59%) IFRS 9
3 2 (1.72%) SLA
4 1 (0.86%) GAAP
4 1 (0.86%) GDPR
4 1 (0.86%) PMO
4 1 (0.86%) QA
Vendors
1 10 (8.62%) Tableau
2 9 (7.76%) Teradata
3 8 (6.90%) Oracle
4 7 (6.03%) Microsoft
5 6 (5.17%) hybris
6 5 (4.31%) SAP
7 3 (2.59%) ClickSoftware Technologies
7 3 (2.59%) TIBCO
8 2 (1.72%) Cognos
8 2 (1.72%) HP
9 1 (0.86%) Adobe
9 1 (0.86%) Concur
9 1 (0.86%) JD Edwards
9 1 (0.86%) Kronos
9 1 (0.86%) Murex