The following table provides summary statistics for contract job vacancies with a requirement for Quantitative Analysis skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Quantitative Analysis over the 3 months to 26 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
26 Mar 2017
Same period 2016 Same period 2015
Quantitative Analysis
UK
Rank 595 629 581
Rank change year-on-year +34 -48  
Contract jobs citing Quantitative Analysis 14 12 42
As % of all contract IT jobs advertised in the UK 0.031% 0.023% 0.079%
As % of the Processes & Methodologies category 0.038% 0.027% 0.099%
Number of daily rates quoted 7 9 35
Median daily rate £325 £225 £425
Median daily rate % change year-on-year +44.44% -47.05%  
90% offered a daily rate of more than £308 £213 £265
10% offered a daily rate of more than £531 £435 £500
UK excluding London median daily rate £325 £238 £300
% change year-on-year +36.84% -20.83%  
Number of hourly rates quoted 1 0 1
Median hourly rate £45.00 - £17.45
UK excluding London median hourly rate - - -

Quantitative Analysis 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 37182 44106 42440
As % of all contract IT job vacancies advertised in the UK 83.13% 82.88% 79.75%
Number of daily rates quoted 24552 28910 26291
Median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.19%  
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 £398
% change year-on-year +2.50% +0.62%  
Number of hourly rates quoted 945 1111 1221
Median hourly rate £36.00 £37.50 £28.25
Median hourly rate % change year-on-year -4.00% +32.74%  
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 £36.00 £38.75 £30.00
% change year-on-year -7.09% +29.16%  

Quantitative Analysis
Job Vacancy Trend

The job posting trend of jobs advertised citing Quantitative Analysis as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Quantitative Analysis in the UK

Quantitative Analysis
Contractor Daily Rate Trend

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

Contractor daily rate trend for Quantitative Analysis in the UK

Quantitative Analysis
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Quantitative Analysis over the 3 months to 26 March 2017.

Contractor daily rate histogram for Quantitative Analysis in the UK

Quantitative Analysis
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Quantitative Analysis in the UK

Quantitative Analysis
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Analysis within the UK over the 3 months to 26 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 +37 9 £475 +111.11% 18
London +29 7 £464 +106.11% 15
Scotland +23 1 £413 -
West Midlands +11 1 £475 +100.00%
Essex - 1 - -
Edinburgh - 1 £413 -
Southend-on-Sea - 1 - -
Birmingham - 1 £475 -
East of England - 1 - -

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 26 March 2017, IT contractor jobs citing Quantitative Analysis 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 Quantitative Analysis.

1 10 (33.33%) Python
2 9 (30.00%) SQL
2 9 (30.00%) Statistics
2 9 (30.00%) R
2 9 (30.00%) Analytical Skills
3 8 (26.67%) Finance
3 8 (26.67%) Data Mining
4 7 (23.33%) Advertising
4 7 (23.33%) Agile Software Development
5 6 (20.00%) Analytics
5 6 (20.00%) Mobile App
5 6 (20.00%) Actionable Insight
5 6 (20.00%) Data Visualisation
5 6 (20.00%) Tableau
5 6 (20.00%) Visualisation
6 5 (16.67%) Multivariate Analysis
6 5 (16.67%) Predictive Analysis
6 5 (16.67%) Prototyping
6 5 (16.67%) Algorithms
6 5 (16.67%) Economics
6 5 (16.67%) MS Excel
6 5 (16.67%) E-Commerce
6 5 (16.67%) User Experience
7 4 (13.33%) VBA
7 4 (13.33%) Banking
7 4 (13.33%) Mathematics
7 4 (13.33%) Degree
7 4 (13.33%) Rapid Prototyping
8 3 (10.00%) Predictive Modelling
8 3 (10.00%) Social Media

Quantitative Analysis
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 3 (10.00%) SAS
Applications
1 5 (16.67%) MS Excel
2 3 (10.00%) Spreadsheet
3 1 (3.33%) MS PowerPoint
3 1 (3.33%) SPSS
Business Applications
1 1 (3.33%) SAP Oil and Gas
Cloud Services
1 1 (3.33%) AdSense
1 1 (3.33%) Cloud Computing
1 1 (3.33%) Google Analytics
1 1 (3.33%) SaaS
Communications & Networking
1 2 (6.67%) Internet
Database & Business Intelligence
1 8 (26.67%) Data Mining
2 3 (10.00%) Data Warehouse
2 3 (10.00%) MySQL
3 1 (3.33%) Relational Database
3 1 (3.33%) SQL Server
3 1 (3.33%) SQL Server Reporting Services
Development Applications
1 1 (3.33%) Visual Studio
General
1 8 (26.67%) Finance
2 7 (23.33%) Advertising
3 4 (13.33%) Banking
4 2 (6.67%) Back Office
4 2 (6.67%) Games
4 2 (6.67%) Marketing
4 2 (6.67%) Publishing
4 2 (6.67%) Telecoms
5 1 (3.33%) Electronics
5 1 (3.33%) Front Office
5 1 (3.33%) Investment Banking
5 1 (3.33%) Manufacturing
5 1 (3.33%) Retail
Job Titles
1 10 (33.33%) Analyst
2 6 (20.00%) Data Analyst
3 5 (16.67%) Developer
4 4 (13.33%) Consultant
4 4 (13.33%) User Experience Consultant
5 3 (10.00%) Senior Consultant
5 3 (10.00%) Senior User Experience Consultant
6 2 (6.67%) Ad Operations Manager
6 2 (6.67%) Data Mining Analyst
6 2 (6.67%) Excel Analyst
6 2 (6.67%) Graduate
6 2 (6.67%) Innovation Manager
6 2 (6.67%) Machine Learning Developer
6 2 (6.67%) MySQL Developer
6 2 (6.67%) Operations Manager
6 2 (6.67%) SQL Analyst
6 2 (6.67%) SQL Data Analyst
7 1 (3.33%) Database Engineer
7 1 (3.33%) Digital Project Manager
7 1 (3.33%) SAS Data Analyst
Libraries, Frameworks & Software Standards
1 2 (6.67%) CSS
1 2 (6.67%) HTML
1 2 (6.67%) Keras
1 2 (6.67%) Pandas
1 2 (6.67%) Sass
1 2 (6.67%) scikit-learn
1 2 (6.67%) Theano
1 2 (6.67%) Torch
1 2 (6.67%) XGBoost
Miscellaneous
1 9 (30.00%) Analytical Skills
2 6 (20.00%) Mobile App
3 5 (16.67%) Algorithms
3 5 (16.67%) User Experience
4 3 (10.00%) Social Media
5 2 (6.67%) Computer Science
6 1 (3.33%) Enterprise Software
6 1 (3.33%) Equities
6 1 (3.33%) Foreign Exchange (FX)
Processes & Methodologies
1 9 (30.00%) Statistics
2 7 (23.33%) Agile Software Development
3 6 (20.00%) Actionable Insight
3 6 (20.00%) Analytics
3 6 (20.00%) Data Visualisation
3 6 (20.00%) Visualisation
4 5 (16.67%) E-Commerce
4 5 (16.67%) Economics
4 5 (16.67%) Multivariate Analysis
4 5 (16.67%) Predictive Analysis
4 5 (16.67%) Prototyping
5 4 (13.33%) Mathematics
5 4 (13.33%) Rapid Prototyping
6 3 (10.00%) Data Analysis
6 3 (10.00%) Investment Management
6 3 (10.00%) Predictive Modelling
7 2 (6.67%) Artificial Intelligence
7 2 (6.67%) Change Management
7 2 (6.67%) Financial Modelling
7 2 (6.67%) Project Management
Programming Languages
1 10 (33.33%) Python
2 9 (30.00%) R
2 9 (30.00%) SQL
3 4 (13.33%) VBA
4 2 (6.67%) Java
5 1 (3.33%) C++
5 1 (3.33%) MATLAB
Qualifications
1 4 (13.33%) Degree
Quality Assurance & Compliance
1 2 (6.67%) Disclosure Scotland
2 1 (3.33%) Data Quality
2 1 (3.33%) QA
Vendors
1 6 (20.00%) Tableau
2 3 (10.00%) Microsoft
3 1 (3.33%) BT
3 1 (3.33%) DoubleClick
3 1 (3.33%) Google
3 1 (3.33%) Omniture
3 1 (3.33%) Oracle
3 1 (3.33%) SAP
London
Oliver Bernard
Rate: £335 per day
Posted: 3 days ago
London
Hydrogen Group
Rate: £300.00 - £350.00 per day
Posted: 6 days ago
City, London
Testing Circle Ltd
Rate: £250 - £320 per day
Posted: 6 days ago
London
People Source Consulting
Rate: £280 - £320 per day
Posted: 5 days ago
London
Hanover Recruitment
Rate: £300 - £330 per day
Posted: 6 days ago