Period
to 14 April 2021

The following table provides summary statistics for permanent job vacancies with a requirement for Black-Scholes skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Black-Scholes over the 6 months to 14 April 2021 with a comparison to the same period in the previous 2 years.

Black-Scholes
UK
6 months to
14 Apr 2021
Same period 2020 Same period 2019
Rank 821 978 -
Rank change year-on-year +157 - -
Permanent jobs citing Black-Scholes 28 2 0
As % of all permanent jobs advertised in the UK 0.034% 0.002% -
As % of the Processes & Methodologies category 0.036% 0.002% -
Number of salaries quoted 27 1 0
Median annual salary (50th Percentile) £160,000 £85,000 -
Median % change year-on-year +88.24% - -
UK excluding London median annual salary - - -

Black-Scholes 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 with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Permanent vacancies with a requirement for process or methodology skills 77,007 104,259 137,511
As % of all permanent IT jobs advertised in the UK 92.48% 92.17% 92.30%
Number of salaries quoted 59,280 83,736 109,325
10th Percentile £32,500 £31,250 £30,000
25th Percentile £41,250 £40,000 £37,500
Median annual salary (50th Percentile) £55,000 £55,000 £52,500
Median % change year-on-year - +4.76% +5.00%
75th Percentile £75,000 £72,500 £70,000
90th Percentile £90,000 £90,000 £85,000
UK excluding London median annual salary £48,750 £47,500 £45,000
% change year-on-year +2.63% +5.56% -

Black-Scholes
Job Vacancy Trend

Job postings citing Black-Scholes as a proportion of all IT jobs advertised.

Job vacancy trend for Black-Scholes in the UK

Black-Scholes
Salary Trend

3-month moving average salary quoted in jobs citing Black-Scholes.

Salary trend for Black-Scholes in the UK

Black-Scholes
Salary Histogram

Salary distribution for jobs citing Black-Scholes over the 6 months to 14 April 2021.

Salary histogram for Black-Scholes in the UK

Black-Scholes
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Black-Scholes within the UK over the 6 months to 14 April 2021. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +175 28 £160,000 +88.24% 1
London +146 28 £160,000 +88.24% 1

For the 6 months to 14 April 2021, IT jobs citing Black-Scholes also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads with a requirement for Black-Scholes.

1 28 (100.00%) Derivative
2 26 (92.86%) C#
3 23 (82.14%) .NET
3 23 (82.14%) .NET Core
4 22 (78.57%) Portfolio Management
5 21 (75.00%) Analytics
5 21 (75.00%) Hedge funds
5 21 (75.00%) C++
6 20 (71.43%) Finance
7 19 (67.86%) Fintech
8 18 (64.29%) Software Engineering
9 17 (60.71%) Enterprise Software
10 9 (32.14%) Foreign Exchange (FX)
11 7 (25.00%) Linux
12 6 (21.43%) Equities
12 6 (21.43%) AWS
13 5 (17.86%) Front Office
14 4 (14.29%) GitLab
15 3 (10.71%) AWS CloudFormation
15 3 (10.71%) Terraform
15 3 (10.71%) SaaS
15 3 (10.71%) Data Structures
15 3 (10.71%) Algorithms
15 3 (10.71%) Investment Management
16 2 (7.14%) Monte Carlo Method
16 2 (7.14%) Degree
16 2 (7.14%) Banking
16 2 (7.14%) Asset Management
16 2 (7.14%) Investment Banking
16 2 (7.14%) Telecoms

Black-Scholes
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:

Cloud Services
1 6 (21.43%) AWS
2 3 (10.71%) AWS CloudFormation
2 3 (10.71%) SaaS
Database & Business Intelligence
1 2 (7.14%) Redis
Development Applications
1 4 (14.29%) GitLab
General
1 20 (71.43%) Finance
2 5 (17.86%) Front Office
3 2 (7.14%) Banking
3 2 (7.14%) Investment Banking
3 2 (7.14%) Telecoms
Job Titles
1 28 (100.00%) Developer
2 25 (89.29%) C# Developer
3 19 (67.86%) Quantitative Developer
4 18 (64.29%) C# Pricing Developer
4 18 (64.29%) C# Quant Developer
4 18 (64.29%) Pricing Developer
5 3 (10.71%) Senior Developer
6 2 (7.14%) Backend Developer
6 2 (7.14%) Front Office Developer
6 2 (7.14%) Python Developer
6 2 (7.14%) Senior Backend Developer
6 2 (7.14%) Senior C# Developer
7 1 (3.57%) .NET Developer
7 1 (3.57%) Senior .NET Developer
7 1 (3.57%) Senior Quantitative Developer
Libraries, Frameworks & Software Standards
1 23 (82.14%) .NET
1 23 (82.14%) .NET Core
2 2 (7.14%) React
Miscellaneous
1 28 (100.00%) Derivative
2 21 (75.00%) Hedge funds
3 17 (60.71%) Enterprise Software
4 9 (32.14%) Foreign Exchange (FX)
5 6 (21.43%) Equities
6 3 (10.71%) Algorithms
6 3 (10.71%) Data Structures
7 2 (7.14%) Greenfield Project
8 1 (3.57%) Fixed Income
Operating Systems
1 7 (25.00%) Linux
2 2 (7.14%) Windows
Processes & Methodologies
1 22 (78.57%) Portfolio Management
2 21 (75.00%) Analytics
3 19 (67.86%) Fintech
4 18 (64.29%) Software Engineering
5 3 (10.71%) Investment Management
6 2 (7.14%) Asset Management
6 2 (7.14%) Issue Tracking
6 2 (7.14%) Monte Carlo Method
7 1 (3.57%) Agile Software Development
7 1 (3.57%) Computer Science
7 1 (3.57%) Customer-Centricity
7 1 (3.57%) DevOps
Programming Languages
1 26 (92.86%) C#
2 21 (75.00%) C++
3 2 (7.14%) Java
3 2 (7.14%) JavaScript
3 2 (7.14%) Python
Qualifications
1 2 (7.14%) Degree
2 1 (3.57%) AWS Certification
2 1 (3.57%) CFA
Systems Management
1 3 (10.71%) Terraform
Vendors
1 1 (3.57%) Microsoft