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 3 months to 25 April 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.

Stochastic Calculus
UK
3 months to
25 Apr 2017
Same period 2016 Same period 2015
Rank 600 652 -
Rank change year-on-year +52 -  
Contract jobs citing Stochastic Calculus 4 1 0
As % of all contract IT jobs advertised in the UK 0.009% 0.002% -
As % of the Processes & Methodologies category 0.010% 0.002% -
Number of daily rates quoted 4 1 0
Median daily rate £663 £650 -
Median daily rate % change year-on-year +1.92% -  
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Stochastic Calculus 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 38739 46308 45398
As % of all contract IT job vacancies advertised in the UK 83.57% 82.87% 79.99%
Number of daily rates quoted 25492 30609 28223
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 £300 £300 £280
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £413 £400 £393
% change year-on-year +3.12% +1.91%  
Number of hourly rates quoted 986 1086 1331
Median hourly rate £35.00 £34.25 £29.00
Median hourly rate % change year-on-year +2.18% +18.10%  
90% offered a hourly rate of more than £13.00 £12.82 £12.00
10% offered a hourly rate of more than £53.00 £50.00 £47.79
UK excluding London median hourly rate £36.00 £36.52 £30.35
% change year-on-year -1.42% +20.32%  

Stochastic Calculus
Job Vacancy Trend

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

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 3 months to 25 April 2017.

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 3 months to 25 April 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 +41 4 £663 +1.92%
London +32 4 £663 +1.92%

For the 6 months to 25 April 2017, 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 9 (100.00%) C++
2 8 (88.89%) Foreign Exchange (FX)
3 6 (66.67%) Front Office
4 5 (55.56%) Analytics
5 4 (44.44%) Finance
5 4 (44.44%) Derivative
5 4 (44.44%) Degree
6 3 (33.33%) Mathematics
6 3 (33.33%) Validation
6 3 (33.33%) Market Risk
6 3 (33.33%) Stress Testing
6 3 (33.33%) Banking
6 3 (33.33%) Stochastic Volatility
7 2 (22.22%) Quantitative Research
7 2 (22.22%) Financial Modelling
8 1 (11.11%) Monte Carlo Method
8 1 (11.11%) Black-Scholes
8 1 (11.11%) Analytical Skills
8 1 (11.11%) C#
8 1 (11.11%) Back Office
8 1 (11.11%) Risk Management
8 1 (11.11%) PhD

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:

General
1 6 (66.67%) Front Office
2 4 (44.44%) Finance
3 3 (33.33%) Banking
4 1 (11.11%) Back Office
Job Titles
1 7 (77.78%) Developer
1 7 (77.78%) Quantitative Developer
2 1 (11.11%) Actuarial Analyst
2 1 (11.11%) Actuary
2 1 (11.11%) Analyst
2 1 (11.11%) Front Office Developer
2 1 (11.11%) Qualitative Analyst
2 1 (11.11%) Quantitative Analyst
Miscellaneous
1 8 (88.89%) Foreign Exchange (FX)
2 4 (44.44%) Derivative
3 3 (33.33%) Market Risk
4 1 (11.11%) Analytical Skills
Processes & Methodologies
1 5 (55.56%) Analytics
2 3 (33.33%) Mathematics
2 3 (33.33%) Stochastic Volatility
2 3 (33.33%) Stress Testing
2 3 (33.33%) Validation
3 2 (22.22%) Financial Modelling
3 2 (22.22%) Quantitative Research
4 1 (11.11%) Black-Scholes
4 1 (11.11%) Monte Carlo Method
4 1 (11.11%) Risk Management
Programming Languages
1 9 (100.00%) C++
2 1 (11.11%) C#
Qualifications
1 4 (44.44%) Degree
2 1 (11.11%) PhD