The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for Monte Carlo Method skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Monte Carlo Method over the 3 months to 23 June 2017 with a comparison to the same period in the previous 2 years.

Monte Carlo Simulation
London / City of London
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 229 257 309
Rank change year-on-year +28 +52  
Permanent jobs citing Monte Carlo Method 6 1 6
As % of all permanent IT jobs advertised in the City of London 0.12% 0.016% 0.058%
As % of the Processes & Methodologies category 0.13% 0.017% 0.065%
Number of salaries quoted 6 1 3
Median salary £95,000 £67,500 £87,500
Median salary % change year-on-year +40.74% -22.85%  
UK excluding London median salary £40,000 £65,000 £51,250
% change year-on-year -38.46% +26.82%  

Monte Carlo Method is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the City of London with a requirement for process and methodology skills.

Process & Methodology Skills
City of London
Permanent job vacancies with a requirement for process and methodology skills 4646 5760 9272
As % of all permanent IT job vacancies advertised in the City of London 89.26% 90.74% 89.27%
Number of salaries quoted 4110 5259 7938
Median salary £62,500 £60,000 £57,500
Median salary % change year-on-year +4.16% +4.34%  
90% offered a salary of more than £40,000 £40,000 £39,000
10% offered a salary of more than £85,000 £80,000 £85,000
UK excluding London median salary £45,000 £45,000 £44,000
% change year-on-year - +2.27%  

Monte Carlo Method
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Monte Carlo Method as a proportion of all permanent or contract IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Monte Carlo Method in the City of London

Monte Carlo Method
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Monte Carlo Method in the City of London.

Salary trend for Monte Carlo Method in the City of London

Monte Carlo Method
Salary Histogram in the City of London

The salary distribution of IT jobs citing Monte Carlo Method in the City of London over the 3 months to 23 June 2017.

Salary histogram for Monte Carlo Method in the City of London

For the 6 months to 23 June 2017, IT jobs citing Monte Carlo Method also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the City of London region with a requirement for Monte Carlo Method.

1 7 (87.50%) Finance
1 7 (87.50%) Statistics
2 5 (62.50%) Advertising
2 5 (62.50%) VBA
2 5 (62.50%) Microsoft Excel
2 5 (62.50%) Foreign Exchange (FX)
2 5 (62.50%) Front Office
2 5 (62.50%) Back Office
2 5 (62.50%) Greeks
2 5 (62.50%) Swaptions
2 5 (62.50%) Stochastic Calculus
2 5 (62.50%) Derivative
3 3 (37.50%) SQL
3 3 (37.50%) Python
4 2 (25.00%) PhD
4 2 (25.00%) Machine Learning
4 2 (25.00%) Deep Learning
5 1 (12.50%) Bayesian Methods
5 1 (12.50%) Analytical Skills
5 1 (12.50%) Apache Spark
5 1 (12.50%) Algorithms
5 1 (12.50%) Azure Machine Learning
5 1 (12.50%) Data Engineering
5 1 (12.50%) TensorFlow
5 1 (12.50%) Theano
5 1 (12.50%) Quantitative Finance
5 1 (12.50%) Random Forest
5 1 (12.50%) Keras
5 1 (12.50%) Probabilistic Modelling
5 1 (12.50%) Decision Tree

Monte Carlo Method
Co-occurring IT Skills in the City of London 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 1 (12.50%) Apache Spark
Applications
1 5 (62.50%) Microsoft Excel
Cloud Services
1 1 (12.50%) Amazon AWS
1 1 (12.50%) Azure Machine Learning
1 1 (12.50%) Microsoft Azure
Database & Business Intelligence
1 1 (12.50%) Big Data
1 1 (12.50%) Hadoop
1 1 (12.50%) NoSQL
1 1 (12.50%) PostgreSQL
General
1 7 (87.50%) Finance
2 5 (62.50%) Advertising
2 5 (62.50%) Back Office
2 5 (62.50%) Front Office
Job Titles
1 2 (25.00%) Junior
2 1 (12.50%) Analyst
2 1 (12.50%) Data Scientist
2 1 (12.50%) Developer
2 1 (12.50%) Django Developer
2 1 (12.50%) Junior Analyst
2 1 (12.50%) Junior Quantitative Analyst
2 1 (12.50%) Lead Developer
2 1 (12.50%) Product Analyst
2 1 (12.50%) Python Developer
2 1 (12.50%) Python/Django Developer
2 1 (12.50%) Qualitative Analyst
2 1 (12.50%) Quantitative Analyst
Libraries, Frameworks & Software Standards
1 1 (12.50%) CSS
1 1 (12.50%) CSS3
1 1 (12.50%) Django
1 1 (12.50%) HTML
1 1 (12.50%) HTML5
1 1 (12.50%) Keras
1 1 (12.50%) Natural Language Processing
1 1 (12.50%) TensorFlow
1 1 (12.50%) Theano
Miscellaneous
1 5 (62.50%) Derivative
1 5 (62.50%) Foreign Exchange (FX)
1 5 (62.50%) Swaptions
2 1 (12.50%) Algorithms
2 1 (12.50%) Analytical Skills
2 1 (12.50%) Computer Science
2 1 (12.50%) Hedge funds
Processes & Methodologies
1 7 (87.50%) Statistics
2 5 (62.50%) Greeks
2 5 (62.50%) Stochastic Calculus
3 2 (25.00%) Deep Learning
3 2 (25.00%) Machine Learning
4 1 (12.50%) Analytics
4 1 (12.50%) Bayesian Methods
4 1 (12.50%) Change Control
4 1 (12.50%) Data Analytics
4 1 (12.50%) Data Engineering
4 1 (12.50%) Data Integration
4 1 (12.50%) Data Management
4 1 (12.50%) Decision Tree
4 1 (12.50%) Mathematics
4 1 (12.50%) Physics
4 1 (12.50%) Probabilistic Modelling
4 1 (12.50%) Quantitative Finance
4 1 (12.50%) Random Forest
4 1 (12.50%) Refactoring
4 1 (12.50%) Semantic Search
Programming Languages
1 5 (62.50%) VBA
2 3 (37.50%) Python
2 3 (37.50%) SQL
3 1 (12.50%) Java
3 1 (12.50%) JavaScript
3 1 (12.50%) Scala
Qualifications
1 2 (25.00%) PhD
Quality Assurance & Compliance
1 1 (12.50%) Data Quality