Period
to 20 January 2018

The following table provides summary statistics for contract job vacancies with a requirement for Stochastic Calculus skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Stochastic Calculus over the 6 months to 20 January 2018 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.

Stochastic Calculus
UK
6 months to
20 Jan 2018
Same period 2017 Same period 2016
Rank 852 836 869
Rank change year-on-year -16 +33 +4
Contract jobs citing Stochastic Calculus 18 8 8
As % of all contract IT jobs advertised in the UK 0.018% 0.008% 0.007%
As % of the Processes & Methodologies category 0.021% 0.010% 0.009%
Number of daily rates quoted 8 8 7
UK median daily rate £650 £738 £675
Median daily rate % change year-on-year -11.86% +9.26% -25.00%
10th Percentile £518 £648 £565
90th Percentile £808 £915 £735
UK excluding London median daily rate - - -
Number of hourly rates quoted 1 0 0
UK median hourly rate £80.00 - -
UK excluding London median hourly rate - - -

Stochastic Calculus 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 84,024 81,140 89,182
As % of all contract IT jobs advertised in the UK 84.51% 83.79% 82.46%
Number of daily rates quoted 56,267 53,737 57,879
UK median daily rate £450 £425 £425
Median daily rate % change year-on-year +5.88% - +6.25%
10th Percentile £285 £263 £263
90th Percentile £638 £613 £600
UK excluding London median daily rate £410 £400 £390
% change year-on-year +2.50% +2.56% +4.00%
Number of hourly rates quoted 1,958 2,261 2,720
UK median hourly rate £23.50 £24.50 £23.75
Median hourly rate % change year-on-year -4.08% +3.16% +18.75%
10th Percentile £11.32 £11.25 £11.25
90th Percentile £50.00 £48.75 £50.00
UK excluding London median hourly rate £24.00 £24.50 £25.00
% change year-on-year -2.04% -2.00% +24.22%

Stochastic Calculus
Job Vacancy Trend

Job postings citing Stochastic Calculus as a percentage of all IT jobs advertised.

Job vacancy trend for Stochastic Calculus in the UK

Stochastic Calculus
Contractor Daily Rate Trend

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

Contractor daily rate trend for Stochastic Calculus in the UK

Stochastic Calculus
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Stochastic Calculus over the 6 months to 20 January 2018.

Contractor daily rate histogram for Stochastic Calculus in the UK

Stochastic Calculus
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Stochastic Calculus within the UK over the 6 months to 20 January 2018. 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 +4 18 £650 -11.86% 3
London -16 18 £650 -11.86% 3

For the 6 months to 20 January 2018, IT contractor jobs citing Stochastic Calculus 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 Stochastic Calculus.

1 18 (100.00%) Finance
1 18 (100.00%) Mathematics
2 17 (94.44%) Physics
2 17 (94.44%) PhD
2 17 (94.44%) Foreign Exchange (FX)
2 17 (94.44%) C++
2 17 (94.44%) Front Office
2 17 (94.44%) Analytical Skills
3 16 (88.89%) Analytics
3 16 (88.89%) OO
3 16 (88.89%) Financial Institution
4 15 (83.33%) Quantitative Research
5 12 (66.67%) EMIR
5 12 (66.67%) Project Management
6 2 (11.11%) Banking
6 2 (11.11%) Derivative
7 1 (5.56%) Equity Derivative
7 1 (5.56%) Statistics
7 1 (5.56%) Degree
7 1 (5.56%) Economics
7 1 (5.56%) Exotic Derivative
7 1 (5.56%) Computer Science
7 1 (5.56%) Swaptions
7 1 (5.56%) Market Risk
7 1 (5.56%) Financial Modelling
7 1 (5.56%) Monte Carlo Method
7 1 (5.56%) Statistical Modelling
7 1 (5.56%) Python
7 1 (5.56%) Benchmarking
7 1 (5.56%) MATLAB

Stochastic Calculus
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:

Applications
1 1 (5.56%) Mathematica
General
1 18 (100.00%) Finance
2 17 (94.44%) Front Office
3 16 (88.89%) Financial Institution
4 2 (11.11%) Banking
Job Titles
1 9 (50.00%) Analyst
2 8 (44.44%) Qualitative Analyst
2 8 (44.44%) Quantitative Analyst
3 4 (22.22%) Developer
3 4 (22.22%) Quantitative Developer
3 4 (22.22%) Quantitative Modeller
4 1 (5.56%) Analyst Developer
4 1 (5.56%) C++ Developer
4 1 (5.56%) C++ Quantitative Developer
4 1 (5.56%) Finance Modeller
4 1 (5.56%) Quantitative Analyst Developer
4 1 (5.56%) Research Analyst
Miscellaneous
1 17 (94.44%) Analytical Skills
1 17 (94.44%) Foreign Exchange (FX)
2 2 (11.11%) Derivative
3 1 (5.56%) Computer Science
3 1 (5.56%) Equity Derivative
3 1 (5.56%) Exotic Derivative
3 1 (5.56%) Fixed Income
3 1 (5.56%) Market Risk
3 1 (5.56%) Swaptions
Processes & Methodologies
1 18 (100.00%) Mathematics
2 17 (94.44%) Physics
3 16 (88.89%) Analytics
3 16 (88.89%) OO
4 15 (83.33%) Quantitative Research
5 12 (66.67%) Project Management
6 1 (5.56%) Benchmarking
6 1 (5.56%) Creative Problem-Solving
6 1 (5.56%) Econometrics
6 1 (5.56%) Economics
6 1 (5.56%) Financial Modelling
6 1 (5.56%) Monte Carlo Method
6 1 (5.56%) Quantitative Finance
6 1 (5.56%) Risk Management
6 1 (5.56%) Service Delivery
6 1 (5.56%) Statistical Modelling
6 1 (5.56%) Statistics
6 1 (5.56%) Validation
Programming Languages
1 17 (94.44%) C++
2 1 (5.56%) C#
2 1 (5.56%) MATLAB
2 1 (5.56%) Python
Qualifications
1 17 (94.44%) PhD
2 1 (5.56%) Degree
Quality Assurance & Compliance
1 12 (66.67%) EMIR