Mathematical Modelling
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Mathematical Modelling skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Mathematical Modelling over the 6 months to 1 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 May 2024
Same period 2023 Same period 2022
Rank 825 934 983
Rank change year-on-year +109 +49 -130
Permanent jobs citing Mathematical Modelling 78 49 228
As % of all permanent jobs advertised in the UK 0.079% 0.047% 0.15%
As % of the Processes & Methodologies category 0.092% 0.049% 0.15%
Number of salaries quoted 67 29 70
10th Percentile £31,000 £30,265 £30,000
25th Percentile £37,500 £32,750 £32,500
Median annual salary (50th Percentile) £50,000 £55,000 £55,000
Median % change year-on-year -9.09% - +10.00%
75th Percentile £66,000 £82,500 £73,750
90th Percentile £81,500 £88,500 £77,750
UK excluding London median annual salary £50,000 £43,250 £40,000
% change year-on-year +15.61% +8.13% -20.00%

All Process and Methodology Skills
UK

Mathematical Modelling 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.

Permanent vacancies with a requirement for process or methodology skills 84,697 99,477 149,043
As % of all permanent jobs advertised in the UK 85.97% 95.62% 95.60%
Number of salaries quoted 59,840 58,401 83,209
10th Percentile £29,000 £34,025 £33,500
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £61,500 £60,000
Median % change year-on-year -10.57% +2.50% +9.09%
75th Percentile £72,500 £82,500 £80,000
90th Percentile £92,500 £100,000 £96,330
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

Mathematical Modelling
Job Vacancy Trend

Job postings citing Mathematical Modelling as a proportion of all IT jobs advertised.

Job vacancy trend for Mathematical Modelling in the UK

Mathematical Modelling
Salary Trend

3-month moving average salary quoted in jobs citing Mathematical Modelling.

Salary trend for Mathematical Modelling in the UK

Mathematical Modelling
Salary Histogram

Salary distribution for jobs citing Mathematical Modelling over the 6 months to 1 May 2024.

Salary histogram for Mathematical Modelling in the UK

Mathematical Modelling
Top 12 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Mathematical Modelling within the UK over the 6 months to 1 May 2024. 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
Jobs
England +124 78 £50,000 -9.09% 37
UK excluding London +50 68 £50,000 +15.61% 27
South East +41 40 £50,000 +62.71% 8
Work from Home +90 25 £38,500 -50.32% 15
South West -8 11 £50,000 - 5
London +109 10 £95,000 +18.75% 9
East of England +16 8 £62,000 +12.73% 7
Midlands - 8 £40,000 - 2
East Midlands - 7 £40,000 -
North of England +37 1 - - 5
North West +6 1 - - 3
West Midlands - 1 - - 2

Mathematical Modelling
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 5 (6.41%) Simulink
2 2 (2.56%) Microsoft Excel
Cloud Services
1 4 (5.13%) Power Platform
2 2 (2.56%) AWS
Communications & Networking
1 2 (2.56%) Wireless
Database & Business Intelligence
1 10 (12.82%) SQL Server
2 6 (7.69%) Tableau
3 4 (5.13%) Power BI
4 1 (1.28%) Big Data
4 1 (1.28%) Tick Data
Development Applications
1 11 (14.10%) Git
2 7 (8.97%) Visual Studio
3 1 (1.28%) GDB
General
1 22 (28.21%) Military
2 14 (17.95%) Social Skills
3 12 (15.38%) Analytical Skills
4 11 (14.10%) Finance
5 3 (3.85%) Law
6 2 (2.56%) Electronics
6 2 (2.56%) Inclusion and Diversity
7 1 (1.28%) Financial Institution
7 1 (1.28%) Front Office
7 1 (1.28%) Public Sector
Job Titles
1 35 (44.87%) Software Engineer
2 18 (23.08%) Python Engineer
2 18 (23.08%) Python Software Engineer
3 14 (17.95%) Senior
4 11 (14.10%) Lead
4 11 (14.10%) Senior Software Engineer
4 11 (14.10%) Systems Engineer
5 10 (12.82%) Data Scientist
6 7 (8.97%) Analyst
6 7 (8.97%) C++ Software Engineer
6 7 (8.97%) Developer
7 6 (7.69%) Lead Software Engineer
8 5 (6.41%) Physicist
8 5 (6.41%) Programmer
8 5 (6.41%) Quantitative Developer
8 5 (6.41%) Software Programmer
9 4 (5.13%) Graduate
9 4 (5.13%) Graduate Software Engineer
9 4 (5.13%) Lead Systems Engineer
9 4 (5.13%) Operations Analyst
Libraries, Frameworks & Software Standards
1 7 (8.97%) WPF
2 1 (1.28%) Boost C++ Libraries
2 1 (1.28%) FIX Protocol
2 1 (1.28%) STL
Miscellaneous
1 34 (43.59%) Algorithms
2 4 (5.13%) Self-Motivation
3 3 (3.85%) Equities
4 2 (2.56%) FPGA
4 2 (2.56%) Onboarding
5 1 (1.28%) Cyber Defence
5 1 (1.28%) Derivative
5 1 (1.28%) Distributed Computing
5 1 (1.28%) Fixed Income
5 1 (1.28%) Foreign Exchange (FX)
5 1 (1.28%) Hedge funds
Operating Systems
1 27 (34.62%) Linux
2 25 (32.05%) Windows
3 5 (6.41%) Unix
Processes & Methodologies
1 78 (100.00%) Mathematics
2 39 (50.00%) Software Engineering
3 28 (35.90%) Artificial Intelligence
3 28 (35.90%) Data Science
3 28 (35.90%) Machine Learning
4 22 (28.21%) Computer Science
4 22 (28.21%) Problem-Solving
5 21 (26.92%) Decision-Making
6 20 (25.64%) Analytics
7 18 (23.08%) Data Analytics
8 17 (21.79%) Physics
9 15 (19.23%) Data-Driven Decision Making
9 15 (19.23%) Situational Awareness
10 12 (15.38%) Agile
11 10 (12.82%) Predictive Modelling
11 10 (12.82%) Propensity Modelling
11 10 (12.82%) Statistical Modelling
12 8 (10.26%) Data Analysis
13 7 (8.97%) Operations Research
14 6 (7.69%) Statistics
Programming Languages
1 51 (65.38%) Python
2 39 (50.00%) C#
3 34 (43.59%) C++
4 26 (33.33%) Java
5 18 (23.08%) JavaScript
6 16 (20.51%) C
7 15 (19.23%) Haskell
8 14 (17.95%) R
9 11 (14.10%) MATLAB
10 6 (7.69%) VBA
11 5 (6.41%) Fortran
12 2 (2.56%) SQL
Qualifications
1 37 (47.44%) Degree
2 21 (26.92%) Security Cleared
3 20 (25.64%) PhD
4 15 (19.23%) Master's Degree
5 11 (14.10%) BPSS Clearance
5 11 (14.10%) Computer Science Degree
6 7 (8.97%) SC Cleared
Quality Assurance & Compliance
1 7 (8.97%) QA
2 2 (2.56%) Data Quality
3 1 (1.28%) MiFID
System Software
1 10 (12.82%) Docker
Systems Management
1 10 (12.82%) Kubernetes
Vendors
1 5 (6.41%) Microsoft
2 4 (5.13%) SIMUL8