Period
to 18 November 2017

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 6 months to 18 November 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
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 782 764 777
Rank change year-on-year -18 +13 -64
Contract jobs citing Financial Modelling 107 122 127
As % of all contract IT jobs advertised in the UK 0.10% 0.12% 0.11%
As % of the Processes & Methodologies category 0.12% 0.14% 0.14%
Number of daily rates quoted 57 93 81
UK median daily rate £420 £390 £445
Median daily rate % change year-on-year +7.69% -12.36% +4.71%
10th Percentile £250 £301 £311
90th Percentile £600 £622 £700
UK excluding London median daily rate £420 £375 £425
% change year-on-year +12.00% -11.76% +6.25%
Number of hourly rates quoted 1 0 0
UK median hourly rate £55.00 - -
UK excluding London median hourly rate £55.00 - -

Financial Modelling is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Contract vacancies with a requirement for process or methodology skills 86286 88673 93962
As % of all contract IT jobs advertised in the UK 84.52% 83.92% 81.78%
Number of daily rates quoted 57474 58658 60890
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £281 £263 £263
90th Percentile £630 £600 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.90% +2.67%
Number of hourly rates quoted 2038 2353 2731
UK median hourly rate £23.63 £24.00 £22.50
Median hourly rate % change year-on-year -1.56% +6.67% +18.42%
10th Percentile £11.48 £11.26 £11.50
90th Percentile £49.75 £48.75 £47.71
UK excluding London median hourly rate £24.02 £24.50 £23.50
% change year-on-year -1.96% +4.26% +17.50%

Financial Modelling
Job Vacancy Trend

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

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 6 months to 18 November 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 12 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 6 months to 18 November 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
England +26 104 £420 +7.69% 10
UK excluding London +58 70 £420 +12.00% 6
London -45 35 £475 +5.56% 5
South East +28 27 £400 +25.00% 3
North of England +64 23 £308 -21.15%
Yorkshire +32 16 £250 -36.71%
East of England -8 12 £420 - 1
North West +23 7 £438 +7.36%
West Midlands +36 5 - - 1
Midlands +26 5 - - 1
Scotland - 2 - - 1
South West +9 1 - -

For the 6 months to 18 November 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.

1 107 (100.00%) Finance
2 30 (28.04%) Analytical Skills
3 18 (16.82%) Retail
4 17 (15.89%) Stakeholder Management
5 16 (14.95%) Microsoft Excel
5 16 (14.95%) Business Analysis
5 16 (14.95%) Degree
6 15 (14.02%) Business Intelligence
7 14 (13.08%) Enterprise Architecture
7 14 (13.08%) Analytics
8 13 (12.15%) Microsoft
9 12 (11.21%) Agile Software Development
9 12 (11.21%) Banking
10 11 (10.28%) TOGAF
10 11 (10.28%) Security Cleared
10 11 (10.28%) Translating Business Requirements
10 11 (10.28%) IT Strategy
11 10 (9.35%) SaaS
11 10 (9.35%) Management Information System
11 10 (9.35%) Project Management
12 9 (8.41%) SOA
12 9 (8.41%) PaaS
12 9 (8.41%) Information Architecture
12 9 (8.41%) IaaS
13 8 (7.48%) Enterprise Software
13 8 (7.48%) SC Cleared
13 8 (7.48%) IT Governance
13 8 (7.48%) UML
13 8 (7.48%) SQL
13 8 (7.48%) MVC

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 7 (6.54%) SAS
2 1 (0.93%) SAP Portal
2 1 (0.93%) Skype for Business
Applications
1 16 (14.95%) Microsoft Excel
2 7 (6.54%) Microsoft PowerPoint
3 4 (3.74%) Microsoft Office
4 3 (2.80%) MS Visio
5 2 (1.87%) Spreadsheet
5 2 (1.87%) SPSS
5 2 (1.87%) Stata
Business Applications
1 3 (2.80%) Cognos Business Intelligence
1 3 (2.80%) Cognos Planning
1 3 (2.80%) Oracle EBS R12
1 3 (2.80%) Oracle Payables
2 2 (1.87%) Hyperion Planning
3 1 (0.93%) OpenText VIM for SAP
3 1 (0.93%) Oracle EBS
3 1 (0.93%) Oracle General Ledger
3 1 (0.93%) Oracle Receivables
3 1 (0.93%) SAP S/4HANA
Cloud Services
1 10 (9.35%) SaaS
2 9 (8.41%) IaaS
2 9 (8.41%) PaaS
3 3 (2.80%) Amazon AWS
3 3 (2.80%) Cloud Computing
4 2 (1.87%) Microsoft Azure
5 1 (0.93%) Office 365
5 1 (0.93%) Yammer
Communications & Networking
1 5 (4.67%) SMS
2 2 (1.87%) Firewall
3 1 (0.93%) Skype
3 1 (0.93%) SSL
3 1 (0.93%) Unified Communications
3 1 (0.93%) WAN
Database & Business Intelligence
1 7 (6.54%) Big Data
2 5 (4.67%) Relational Database
3 4 (3.74%) Data Warehouse
3 4 (3.74%) Hadoop
3 4 (3.74%) OLAP
3 4 (3.74%) SQL Server
4 3 (2.80%) Cognos Analysis Studio
4 3 (2.80%) Cognos Connection
4 3 (2.80%) Cognos Event Studio
4 3 (2.80%) Cognos Query Studio
4 3 (2.80%) MOLAP
4 3 (2.80%) Power BI
4 3 (2.80%) SQL Server 2008
4 3 (2.80%) SQL Server Integration Services
5 2 (1.87%) Essbase
5 2 (1.87%) Oracle Reports
5 2 (1.87%) SQL Server Reporting Services
6 1 (0.93%) Oracle Database
6 1 (0.93%) Oracle OLAP
6 1 (0.93%) RDBMS
Development Applications
1 1 (0.93%) Team Foundation Server
General
1 107 (100.00%) Finance
2 18 (16.82%) Retail
3 12 (11.21%) Banking
4 7 (6.54%) Back Office
5 5 (4.67%) Law
6 4 (3.74%) Manufacturing
6 4 (3.74%) Marketing
7 3 (2.80%) Publishing
7 3 (2.80%) Telecoms
8 2 (1.87%) Electronics
8 2 (1.87%) Retail Banking
9 1 (0.93%) Financial Institution
9 1 (0.93%) French Language
9 1 (0.93%) Front Office
9 1 (0.93%) Investment Banking
9 1 (0.93%) Legal
9 1 (0.93%) Retail Finance
Job Titles
1 50 (46.73%) Analyst
2 30 (28.04%) Business Analyst
3 21 (19.63%) Architect
4 15 (14.02%) Solutions Architect
5 11 (10.28%) Financial Analyst
6 6 (5.61%) Consultant
7 5 (4.67%) Banking Analyst
7 5 (4.67%) Credit Analyst
7 5 (4.67%) Data Analyst
7 5 (4.67%) Project Manager
8 4 (3.74%) Business IT Analyst
8 4 (3.74%) Cognos Consultant
8 4 (3.74%) Commercial Manager
8 4 (3.74%) IT Analyst
8 4 (3.74%) IT Business Analyst
8 4 (3.74%) Project Analyst
9 3 (2.80%) Configuration Manager
9 3 (2.80%) Finance Business Analyst
9 3 (2.80%) Infrastructure Architect
9 3 (2.80%) Senior Solutions Architect
Libraries, Frameworks & Software Standards
1 4 (3.74%) Web Services
2 2 (1.87%) .NET
3 1 (0.93%) Middleware
3 1 (0.93%) SAP Fiori
3 1 (0.93%) WCF
3 1 (0.93%) WPF
Miscellaneous
1 30 (28.04%) Analytical Skills
2 10 (9.35%) Management Information System
3 8 (7.48%) Enterprise Software
4 5 (4.67%) Credit Risk
5 2 (1.87%) CMDB
5 2 (1.87%) Life Science
5 2 (1.87%) Virtual Team
6 1 (0.93%) CESG
6 1 (0.93%) Computer Science
6 1 (0.93%) Data Centre
6 1 (0.93%) Data Structures
6 1 (0.93%) Fintech
6 1 (0.93%) Fixed Income
6 1 (0.93%) Foreign Exchange (FX)
6 1 (0.93%) Market Risk
6 1 (0.93%) Public Cloud
6 1 (0.93%) Smart Meter
6 1 (0.93%) User Experience
Operating Systems
1 1 (0.93%) Linux
1 1 (0.93%) Unix
1 1 (0.93%) Windows
Processes & Methodologies
1 17 (15.89%) Stakeholder Management
2 16 (14.95%) Business Analysis
3 15 (14.02%) Business Intelligence
4 14 (13.08%) Analytics
4 14 (13.08%) Enterprise Architecture
5 12 (11.21%) Agile Software Development
6 11 (10.28%) IT Strategy
6 11 (10.28%) TOGAF
6 11 (10.28%) Translating Business Requirements
7 10 (9.35%) Project Management
8 9 (8.41%) Information Architecture
8 9 (8.41%) SOA
9 8 (7.48%) Business Process Modelling
9 8 (7.48%) IT Governance
9 8 (7.48%) MVC
9 8 (7.48%) UML
10 6 (5.61%) Change Management
10 6 (5.61%) Programme Management
10 6 (5.61%) Revenue Management
10 6 (5.61%) Yield Management
Programming Languages
1 8 (7.48%) SQL
2 4 (3.74%) R
2 4 (3.74%) T-SQL
3 2 (1.87%) C#
3 2 (1.87%) MATLAB
3 2 (1.87%) VBA
4 1 (0.93%) C
4 1 (0.93%) C++
4 1 (0.93%) Perl
4 1 (0.93%) VB
Qualifications
1 16 (14.95%) Degree
2 11 (10.28%) Security Cleared
3 8 (7.48%) SC Cleared
4 6 (5.61%) MBA
5 5 (4.67%) CFA
6 3 (2.80%) ACCA
6 3 (2.80%) CIMA
7 2 (1.87%) BPSS Clearance
7 2 (1.87%) CTC Cleared
8 1 (0.93%) CCAB
8 1 (0.93%) CESG Certified Professional
8 1 (0.93%) CISA
8 1 (0.93%) CISM
8 1 (0.93%) CISSP
8 1 (0.93%) Computer Science Degree
8 1 (0.93%) PhD
Quality Assurance & Compliance
1 7 (6.54%) PMO
2 2 (1.87%) Disclosure Scotland
3 1 (0.93%) Data Quality
3 1 (0.93%) EMIR
3 1 (0.93%) GDPR
3 1 (0.93%) HMG Security Policy Framework
3 1 (0.93%) IFRS
3 1 (0.93%) ISO/IEC 27001
3 1 (0.93%) QA
3 1 (0.93%) Sarbanes-Oxley
3 1 (0.93%) SLA
System Software
1 2 (1.87%) Active Directory
2 1 (0.93%) VMware NSX
Systems Management
1 2 (1.87%) McAfee ePO
Vendors
1 13 (12.15%) Microsoft
2 7 (6.54%) SAP
3 5 (4.67%) Oracle
3 5 (4.67%) Tableau
4 4 (3.74%) Cognos
4 4 (3.74%) Teradata
5 3 (2.80%) IBM
6 2 (1.87%) Cisco
6 2 (1.87%) Hyperion
6 2 (1.87%) McAfee
6 2 (1.87%) Splunk
7 1 (0.93%) Concur
7 1 (0.93%) Sage
7 1 (0.93%) Salesforce.com
7 1 (0.93%) VMware