Mathematical Modelling Contracts

Mathematical Modelling
UK

The table below provides summary statistics for contract job vacancies requiring Mathematical Modelling skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Mathematical Modelling over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 501 549 688
Rank change year-on-year +48 +139 +120
Contract jobs citing Mathematical Modelling 19 33 30
As % of all contract jobs advertised in the UK 0.065% 0.076% 0.050%
As % of the Processes & Methodologies category 0.071% 0.088% 0.056%
Number of daily rates quoted 11 17 13
10th Percentile £713 £583 £503
25th Percentile £825 £619 £590
Median daily rate (50th Percentile) £850 £638 £725
Median % change year-on-year +33.33% -12.07% -6.45%
75th Percentile £969 £875 £825
90th Percentile £1,075 - -
UK excluding London median daily rate - - £513
Number of hourly rates quoted 1 6 1
Median hourly rate £75.00 £60.00 £65.00
Median % change year-on-year +25.00% -7.69% +8.33%
UK excluding London median hourly rate £75.00 £60.00 £65.00
% change year-on-year +25.00% -7.69% +8.33%

All Process and Methodology Skills
UK

Mathematical Modelling falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 26,594 37,597 53,655
As % of all contract IT jobs advertised in the UK 90.84% 86.31% 89.91%
Number of daily rates quoted 17,149 24,227 37,238
10th Percentile £308 £300 £325
25th Percentile £413 £413 £438
Median daily rate (50th Percentile) £520 £525 £550
Median % change year-on-year -0.95% -4.55% +4.76%
75th Percentile £630 £638 £650
90th Percentile £743 £750 £750
UK excluding London median daily rate £483 £500 £500
% change year-on-year -3.50% - +5.26%
Number of hourly rates quoted 1,071 2,443 1,746
10th Percentile £14.41 £12.75 £11.00
25th Percentile £18.21 £16.00 £16.25
Median hourly rate £29.00 £35.65 £37.30
Median % change year-on-year -18.65% -4.42% +49.20%
75th Percentile £60.38 £59.98 £65.00
90th Percentile £75.00 £72.50 £75.00
UK excluding London median hourly rate £27.50 £37.34 £36.00
% change year-on-year -26.35% +3.72% +80.00%

Mathematical Modelling
Job Vacancy Trend

Job postings citing Mathematical Modelling as a proportion of all IT jobs advertised.

Job vacancy trend for Mathematical Modelling in the UK

Mathematical Modelling
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Mathematical Modelling.

Daily rate trend for Mathematical Modelling in the UK

Mathematical Modelling
Daily Rate Histogram

Daily rate distribution for jobs citing Mathematical Modelling over the 6 months to 1 May 2025.

Daily rate histogram for Mathematical Modelling in the UK

Mathematical Modelling
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Mathematical Modelling.

Hourly rate trend for Mathematical Modelling in the UK

Mathematical Modelling
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Mathematical Modelling within the UK over the 6 months to 1 May 2025. 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
Jobs
England +43 18 £850 +33.33% 122
London +30 17 £850 +33.33% 47
UK excluding London +57 2 - - 85
Work from Home +39 2 £1,000 +17.65% 90
Scotland +13 1 - - 3
South West - 1 - - 6

Mathematical Modelling
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 2 (10.53%) CPLEX
2 1 (5.26%) Simulink
Cloud Services
1 5 (26.32%) AWS
2 3 (15.79%) Azure
2 3 (15.79%) Azure DevOps
2 3 (15.79%) GitHub
2 3 (15.79%) GitHub Actions
Database & Business Intelligence
1 2 (10.53%) NoSQL
Development Applications
1 1 (5.26%) Git
1 1 (5.26%) Visual Studio
General
1 14 (73.68%) Finance
2 7 (36.84%) Banking
2 7 (36.84%) Investment Banking
3 6 (31.58%) Social Skills
4 2 (10.53%) Presentation Skills
5 1 (5.26%) Aerospace
Job Titles
1 9 (47.37%) Developer
2 8 (42.11%) Analyst
2 8 (42.11%) Qualitative Analyst
2 8 (42.11%) Quantitative Analyst
3 7 (36.84%) Quantitative Developer
4 4 (21.05%) Analyst Developer
4 4 (21.05%) Python Developer
4 4 (21.05%) Quantitative Analyst Developer
5 2 (10.53%) Consultant
5 2 (10.53%) Energy Trading Developer
5 2 (10.53%) Lead
5 2 (10.53%) Principal Developer
6 1 (5.26%) Algorithm Engineer
6 1 (5.26%) Credit Analyst
6 1 (5.26%) Lead Developer
6 1 (5.26%) Senior
6 1 (5.26%) Senior Developer
6 1 (5.26%) Senior Python Developer
Libraries, Frameworks & Software Standards
1 5 (26.32%) NumPy
1 5 (26.32%) Pandas
2 3 (15.79%) SciPy
3 2 (10.53%) Kafka
3 2 (10.53%) PySpark
3 2 (10.53%) scikit-learn
Miscellaneous
1 6 (31.58%) Algorithms
2 4 (21.05%) Equities
3 3 (15.79%) Fixed Income
4 2 (10.53%) Derivative
4 2 (10.53%) Greenfield Project
4 2 (10.53%) Market Risk
4 2 (10.53%) Renewable Energy
4 2 (10.53%) Solar Panel
Processes & Methodologies
1 19 (100.00%) Mathematics
2 9 (47.37%) Analytics
3 7 (36.84%) Data Analytics
4 5 (26.32%) Quantitative Finance
4 5 (26.32%) Risk Management
5 4 (21.05%) Black-Scholes
5 4 (21.05%) Collaborative Working
5 4 (21.05%) Decision-Making
5 4 (21.05%) Design Patterns
5 4 (21.05%) Low Latency
5 4 (21.05%) Multithreading
6 3 (15.79%) CI/CD
6 3 (15.79%) DevOps
6 3 (15.79%) Greeks
6 3 (15.79%) Software Engineering
6 3 (15.79%) Test Automation
6 3 (15.79%) Web Development
7 2 (10.53%) Architectural Patterns
7 2 (10.53%) Collaborative Culture
7 2 (10.53%) Data Pipeline
Programming Languages
1 19 (100.00%) Python
2 10 (52.63%) C++
3 3 (15.79%) Java
3 3 (15.79%) Rust
4 2 (10.53%) SQL
5 1 (5.26%) Fortran
5 1 (5.26%) MATLAB
Qualifications
1 3 (15.79%) Degree
2 2 (10.53%) Master's Degree
3 1 (5.26%) Numerate Degree
3 1 (5.26%) SC Cleared
3 1 (5.26%) Security Cleared
Quality Assurance & Compliance
1 2 (10.53%) Basel II
System Software
1 3 (15.79%) Docker
Systems Management
1 3 (15.79%) Terraform