Period
to 18 November 2017

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 6 months to 18 November 2017 with a comparison to the same period in the previous 2 years.

Monte Carlo Simulation
Central London > City of London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 318 344 414
Rank change year-on-year +26 +70 +34
Permanent jobs citing Monte Carlo Method 12 10 7
As % of all permanent IT jobs advertised in the City of London 0.12% 0.085% 0.040%
As % of the Processes & Methodologies category 0.13% 0.096% 0.045%
Number of salaries quoted 12 10 5
City of London median annual salary £90,000 £60,000 £62,500
Median salary % change year-on-year +50.00% -4.00% -7.41%
10th Percentile £53,125 £52,500 £49,000
90th Percentile £114,625 £71,250 £97,500
Central London median annual salary £90,000 £61,250 £67,500
% change year-on-year +46.94% -9.26% -3.57%

Monte Carlo Method is in the Processes and Methodologies category. The following 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 or methodology skills.

All Process and Methodology Skills
City of London
Permanent vacancies with a requirement for process or methodology skills 9170 10468 15412
As % of all permanent IT jobs advertised in the City of London 90.12% 89.47% 89.12%
Number of salaries quoted 8280 9535 13350
City of London median annual salary £60,000 £60,000 £57,500
Median salary % change year-on-year - +4.35% +4.55%
10th Percentile £36,250 £35,000 £33,750
90th Percentile £95,000 £90,000 £87,500
Central London median annual salary £60,000 £57,500 £57,500
% change year-on-year +4.35% - +4.55%

Monte Carlo Method
Job Vacancy Trend in the City of London

Job postings citing Monte Carlo Method as a percentage of all IT jobs advertised in the City of London.

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 6 months to 18 November 2017.

Salary histogram for Monte Carlo Method in the City of London

For the 6 months to 18 November 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 10 (83.33%) Finance
2 7 (58.33%) Statistics
3 6 (50.00%) Stochastic Calculus
3 6 (50.00%) Derivative
4 5 (41.67%) Greeks
4 5 (41.67%) Swaptions
4 5 (41.67%) Mathematics
4 5 (41.67%) Advertising
4 5 (41.67%) Front Office
4 5 (41.67%) Back Office
4 5 (41.67%) SQL
4 5 (41.67%) VBA
4 5 (41.67%) Microsoft Excel
4 5 (41.67%) Foreign Exchange (FX)
5 4 (33.33%) Management Information System
5 4 (33.33%) Project Management
5 4 (33.33%) .NET
5 4 (33.33%) Windows
5 4 (33.33%) Risk Management
5 4 (33.33%) Software Engineering
5 4 (33.33%) Validation
5 4 (33.33%) Physics
5 4 (33.33%) Financial Analysis
5 4 (33.33%) ReMetrica
5 4 (33.33%) Portfolio Management
5 4 (33.33%) Reinsurance
5 4 (33.33%) Catastrophe Modelling
6 2 (16.67%) Algorithms
6 2 (16.67%) Fixed Income
6 2 (16.67%) Python

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 (8.33%) Apache Spark
Applications
1 5 (41.67%) Microsoft Excel
Business Applications
1 4 (33.33%) ReMetrica
Cloud Services
1 1 (8.33%) Amazon AWS
1 1 (8.33%) Azure Machine Learning
1 1 (8.33%) Microsoft Azure
Database & Business Intelligence
1 1 (8.33%) Hadoop
1 1 (8.33%) NoSQL
General
1 10 (83.33%) Finance
2 5 (41.67%) Advertising
2 5 (41.67%) Back Office
2 5 (41.67%) Front Office
3 1 (8.33%) Banking
3 1 (8.33%) Investment Banking
Job Titles
1 5 (41.67%) Developer
2 4 (33.33%) SQL Developer
3 2 (16.67%) Analyst
3 2 (16.67%) Junior
4 1 (8.33%) Business Analyst
4 1 (8.33%) Credit Analyst
4 1 (8.33%) Credit Risk Analyst
4 1 (8.33%) Credit Risk Business Analyst
4 1 (8.33%) Junior Analyst
4 1 (8.33%) Junior Quantitative Analyst
4 1 (8.33%) Product Analyst
4 1 (8.33%) Qualitative Analyst
4 1 (8.33%) Quantitative Analyst
4 1 (8.33%) Quantitative Developer
4 1 (8.33%) Risk Analyst
4 1 (8.33%) Risk Business Analyst
4 1 (8.33%) Senior Analyst
4 1 (8.33%) Senior Business Analyst
4 1 (8.33%) Senior Credit Risk Analyst
4 1 (8.33%) Senior Risk Analyst
Libraries, Frameworks & Software Standards
1 4 (33.33%) .NET
2 1 (8.33%) Boost C++ Libraries
2 1 (8.33%) STL
Miscellaneous
1 6 (50.00%) Derivative
2 5 (41.67%) Foreign Exchange (FX)
2 5 (41.67%) Swaptions
3 4 (33.33%) Management Information System
3 4 (33.33%) Reinsurance
4 2 (16.67%) Algorithms
4 2 (16.67%) Fixed Income
5 1 (8.33%) Analytical Skills
5 1 (8.33%) Computer Science
5 1 (8.33%) Credit Risk
5 1 (8.33%) Fintech
5 1 (8.33%) Hedge funds
Operating Systems
1 4 (33.33%) Windows
Processes & Methodologies
1 7 (58.33%) Statistics
2 6 (50.00%) Stochastic Calculus
3 5 (41.67%) Greeks
3 5 (41.67%) Mathematics
4 4 (33.33%) Catastrophe Modelling
4 4 (33.33%) Financial Analysis
4 4 (33.33%) Physics
4 4 (33.33%) Portfolio Management
4 4 (33.33%) Project Management
4 4 (33.33%) Risk Management
4 4 (33.33%) Software Engineering
4 4 (33.33%) Validation
5 1 (8.33%) Analytics
5 1 (8.33%) Artificial Intelligence
5 1 (8.33%) Data Analytics
5 1 (8.33%) Data Management
5 1 (8.33%) Deep Learning
5 1 (8.33%) ETL
5 1 (8.33%) Machine Learning
5 1 (8.33%) Risk Analysis
Programming Languages
1 5 (41.67%) SQL
1 5 (41.67%) VBA
2 2 (16.67%) Python
3 1 (8.33%) C++
3 1 (8.33%) Java
3 1 (8.33%) Scala
Qualifications
1 1 (8.33%) PhD