Period
to 24 November 2017

The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for Stochastic Calculus skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Stochastic Calculus over the 6 months to 24 November 2017 with a comparison to the same period in the previous 2 years.

Stochastic Calculus
Central London > City of London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 310 345 422
Rank change year-on-year +35 +77 +59
Permanent jobs citing Stochastic Calculus 16 8 2
As % of all permanent IT jobs advertised in the City of London 0.16% 0.069% 0.012%
As % of the Processes & Methodologies category 0.17% 0.077% 0.013%
Number of salaries quoted 15 8 2
City of London median annual salary £67,500 £80,000 £140,000
Median salary % change year-on-year -15.63% -42.86% +40.00%
10th Percentile £50,000 £63,750 £83,000
90th Percentile £111,250 £109,375 £189,000
Central London median annual salary £67,500 £80,000 £140,000
% change year-on-year -15.63% -42.86% +40.00%

Stochastic Calculus 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 9209 10393 15217
As % of all permanent IT jobs advertised in the City of London 90.14% 89.42% 89.17%
Number of salaries quoted 8310 9470 13192
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%

Stochastic Calculus
Job Vacancy Trend in the City of London

Job postings citing Stochastic Calculus as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Stochastic Calculus in the City of London

Stochastic Calculus
Salary Trend in the City of London

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

Salary trend for Stochastic Calculus in the City of London

Stochastic Calculus
Salary Histogram in the City of London

The salary distribution of IT jobs citing Stochastic Calculus in the City of London over the 6 months to 24 November 2017.

Salary histogram for Stochastic Calculus in the City of London

For the 6 months to 24 November 2017, IT 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 job ads across the City of London region with a requirement for Stochastic Calculus.

1 15 (93.75%) Foreign Exchange (FX)
1 15 (93.75%) Front Office
1 15 (93.75%) Finance
2 13 (81.25%) Advertising
3 12 (75.00%) C++
4 11 (68.75%) R
4 11 (68.75%) Mathematics
4 11 (68.75%) Credit Risk
4 11 (68.75%) Market Risk
4 11 (68.75%) Financial Modelling
4 11 (68.75%) Credit Risk Management
4 11 (68.75%) Risk Management
4 11 (68.75%) MATLAB
4 11 (68.75%) C#
4 11 (68.75%) Validation
4 11 (68.75%) MiFID
5 9 (56.25%) EMIR
5 9 (56.25%) Dodd-Frank
6 8 (50.00%) Physics
6 8 (50.00%) Master's Degree
6 8 (50.00%) Degree
7 6 (37.50%) Derivative
8 5 (31.25%) Statistics
8 5 (31.25%) Monte Carlo Method
9 4 (25.00%) Greeks
9 4 (25.00%) Swaptions
9 4 (25.00%) Back Office
9 4 (25.00%) VBA
9 4 (25.00%) Microsoft Excel
10 3 (18.75%) Fintech

Stochastic Calculus
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:

Applications
1 4 (25.00%) Microsoft Excel
General
1 15 (93.75%) Finance
1 15 (93.75%) Front Office
2 13 (81.25%) Advertising
3 4 (25.00%) Back Office
4 2 (12.50%) Banking
4 2 (12.50%) Investment Banking
Job Titles
1 12 (75.00%) Analyst
1 12 (75.00%) Qualitative Analyst
1 12 (75.00%) Quantitative Analyst
2 3 (18.75%) Developer
2 3 (18.75%) Quantitative Developer
3 2 (12.50%) Analyst Developer
3 2 (12.50%) Developer Analyst
3 2 (12.50%) Financial Analyst
3 2 (12.50%) Junior
3 2 (12.50%) Quantitative Analyst Developer
4 1 (6.25%) Junior Analyst
4 1 (6.25%) Junior Quantitative Analyst
4 1 (6.25%) Product Analyst
Libraries, Frameworks & Software Standards
1 2 (12.50%) Middleware
2 1 (6.25%) Boost C++ Libraries
2 1 (6.25%) STL
Miscellaneous
1 15 (93.75%) Foreign Exchange (FX)
2 11 (68.75%) Credit Risk
2 11 (68.75%) Market Risk
3 6 (37.50%) Derivative
4 4 (25.00%) Swaptions
5 3 (18.75%) Fintech
6 2 (12.50%) Equities
6 2 (12.50%) Hedge funds
7 1 (6.25%) Algorithms
7 1 (6.25%) Fixed Income
Processes & Methodologies
1 11 (68.75%) Credit Risk Management
1 11 (68.75%) Financial Modelling
1 11 (68.75%) Mathematics
1 11 (68.75%) Risk Management
1 11 (68.75%) Validation
2 8 (50.00%) Physics
3 5 (31.25%) Monte Carlo Method
3 5 (31.25%) Statistics
4 4 (25.00%) Greeks
5 2 (12.50%) Coaching
5 2 (12.50%) Creative Thinking
5 2 (12.50%) E-Commerce
5 2 (12.50%) Presales
5 2 (12.50%) Process Improvement
5 2 (12.50%) Project Management
5 2 (12.50%) Stress Testing
Programming Languages
1 12 (75.00%) C++
2 11 (68.75%) C#
2 11 (68.75%) MATLAB
2 11 (68.75%) R
3 4 (25.00%) VBA
4 2 (12.50%) Java
5 1 (6.25%) Python
Qualifications
1 8 (50.00%) Degree
1 8 (50.00%) Master's Degree
2 2 (12.50%) PhD
Quality Assurance & Compliance
1 11 (68.75%) MiFID
2 9 (56.25%) Dodd-Frank
2 9 (56.25%) EMIR
3 2 (12.50%) Basel III