Period
to 14 June 2021

The following table provides summary statistics for permanent job vacancies 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 14 June 2021 with a comparison to the same period in the previous 2 years.

Monte Carlo Simulation
UK
6 months to
14 Jun 2021
Same period 2020 Same period 2019
Rank 890 841 1096
Rank change year-on-year -49 +255 +92
Permanent jobs citing Monte Carlo Method 42 38 17
As % of all permanent jobs advertised in the UK 0.042% 0.045% 0.012%
As % of the Processes & Methodologies category 0.045% 0.049% 0.013%
Number of salaries quoted 5 35 16
10th Percentile £46,500 £45,450 £32,500
25th Percentile £52,500 £76,250 £33,750
Median annual salary (50th Percentile) £60,000 £100,000 £37,500
Median % change year-on-year -40.00% +166.67% -50.00%
75th Percentile £127,500 £105,000 £65,000
90th Percentile " £110,000 £71,250
UK excluding London median annual salary - £41,500 £31,250
% change year-on-year - +32.80% -19.35%

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 with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Permanent vacancies with a requirement for process or methodology skills 93,720 77,168 132,663
As % of all permanent IT jobs advertised in the UK 93.13% 92.34% 92.34%
Number of salaries quoted 65,940 61,996 105,226
10th Percentile £32,500 £31,250 £30,000
25th Percentile £41,250 £41,250 £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 £73,750 £70,000
90th Percentile £91,250 £90,000 £86,250
UK excluding London median annual salary £48,900 £47,500 £45,000
% change year-on-year +2.95% +5.56% -

Monte Carlo Method
Job Vacancy Trend

Job postings citing Monte Carlo Method as a proportion of all IT jobs advertised.

Job vacancy trend for Monte Carlo Method in the UK

Monte Carlo Method
Salary Trend

3-month moving average salary quoted in jobs citing Monte Carlo Method.

Salary trend for Monte Carlo Method in the UK

Monte Carlo Method
Salary Histogram

Salary distribution for jobs citing Monte Carlo Method over the 6 months to 14 June 2021.

Salary histogram for Monte Carlo Method in the UK

Monte Carlo Method
Top 6 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Monte Carlo Method within the UK over the 6 months to 14 June 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 -43 42 £60,000 -40.00% 7
UK excluding London -16 32 - - 3
South West -30 23 - -
London -56 10 £60,000 -40.00% 4
North West - 9 - - 3
North of England - 9 - - 3

For the 6 months to 14 June 2021, IT jobs citing Monte Carlo Method 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 Monte Carlo Method.

1 38 (90.48%) Social Skills
2 30 (71.43%) Python
2 30 (71.43%) Degree
3 28 (66.67%) PhD
3 28 (66.67%) Mathematics
3 28 (66.67%) Machine Learning
4 27 (64.29%) Games
5 25 (59.52%) Bayesian Methods
5 25 (59.52%) Computer Science
6 24 (57.14%) Algorithms
7 22 (52.38%) Kalman Filter
7 22 (52.38%) Physics
7 22 (52.38%) Natural Language Processing
8 21 (50.00%) Statistical Modelling
8 21 (50.00%) Game Theory
8 21 (50.00%) Decision Theory
8 21 (50.00%) Deep Learning
8 21 (50.00%) Technical Analysis
8 21 (50.00%) Robotics
8 21 (50.00%) Pattern Recognition
8 21 (50.00%) Validation
8 21 (50.00%) Neural Network
8 21 (50.00%) MATLAB
8 21 (50.00%) Simulink
8 21 (50.00%) Stateflow
8 21 (50.00%) Presentation Skills
8 21 (50.00%) Simultaneous Localization and Mapping
8 21 (50.00%) Decision-Making
8 21 (50.00%) Decision Science
8 21 (50.00%) Support Vector Machines

Monte Carlo Method
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:

Application Platforms
1 2 (4.76%) Confluence
Applications
1 21 (50.00%) Simulink
1 21 (50.00%) Stateflow
2 1 (2.38%) Microsoft Excel
2 1 (2.38%) Microsoft Office
Cloud Services
1 9 (21.43%) Azure
1 9 (21.43%) Azure Service Fabric
2 5 (11.90%) npm
3 2 (4.76%) GCP
3 2 (4.76%) GitHub
4 1 (2.38%) Power Platform
Communications & Networking
1 5 (11.90%) GSM
1 5 (11.90%) Internet
Database & Business Intelligence
1 4 (9.52%) SQL Server
2 1 (2.38%) Data Mining
2 1 (2.38%) Power BI
Development Applications
1 5 (11.90%) Git (software)
1 5 (11.90%) gulp
1 5 (11.90%) webpack
2 2 (4.76%) GitLab
2 2 (4.76%) JIRA
General
1 38 (90.48%) Social Skills
2 27 (64.29%) Games
3 21 (50.00%) Presentation Skills
4 9 (21.43%) Legal
5 6 (14.29%) Analytical Skills
6 5 (11.90%) Automotive
6 5 (11.90%) Marketing
7 4 (9.52%) Finance
8 2 (4.76%) Banking
8 2 (4.76%) Telecoms
9 1 (2.38%) Financial Institution
Job Titles
1 21 (50.00%) Systems Engineer
2 7 (16.67%) Developer
2 7 (16.67%) Senior Developer
3 5 (11.90%) Consultant
3 5 (11.90%) Front End Developer (Client-Side Developer)
3 5 (11.90%) Risk Consultant
3 5 (11.90%) Senior Front-End Developer
4 4 (9.52%) Analyst
5 2 (4.76%) Backend Developer
5 2 (4.76%) C# Developer
5 2 (4.76%) Cybersecurity Analyst
5 2 (4.76%) Cybersecurity Engineer
5 2 (4.76%) Data Analyst
5 2 (4.76%) Data Engineer
5 2 (4.76%) Qualitative Analyst
5 2 (4.76%) Quantitative Analyst
5 2 (4.76%) Security Analyst
5 2 (4.76%) Security Engineer
5 2 (4.76%) Senior Backend Developer
5 2 (4.76%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 21 (50.00%) PyTorch
1 21 (50.00%) TensorFlow
2 11 (26.19%) .NET
2 11 (26.19%) .NET Core
3 9 (21.43%) AngularJS
3 9 (21.43%) Universal Windows Platform
4 5 (11.90%) .NET Framework
4 5 (11.90%) CSS
4 5 (11.90%) DOM
4 5 (11.90%) HTML5 Canvas
4 5 (11.90%) LESS
4 5 (11.90%) Node.js
4 5 (11.90%) React
4 5 (11.90%) REST
4 5 (11.90%) RESTful
4 5 (11.90%) Sass
4 5 (11.90%) WebKit
4 5 (11.90%) WebSockets
4 5 (11.90%) XHR
5 3 (7.14%) JWT
Miscellaneous
1 24 (57.14%) Algorithms
2 21 (50.00%) Robotics
3 9 (21.43%) Online Gambling
4 7 (16.67%) Derivative
4 7 (16.67%) Management Information System
5 5 (11.90%) Industrial Internet of Things
5 5 (11.90%) Internet of Things
5 5 (11.90%) Mobile App
6 2 (4.76%) Data Structures
6 2 (4.76%) Equities
6 2 (4.76%) Foreign Exchange (FX)
7 1 (2.38%) Reinsurance
Operating Systems
1 2 (4.76%) Linux
1 2 (4.76%) Windows
Processes & Methodologies
1 28 (66.67%) Machine Learning
1 28 (66.67%) Mathematics
2 25 (59.52%) Bayesian Methods
2 25 (59.52%) Computer Science
3 22 (52.38%) Kalman Filter
3 22 (52.38%) Natural Language Processing
3 22 (52.38%) Physics
4 21 (50.00%) Computer Vision
4 21 (50.00%) Decision Theory
4 21 (50.00%) Deep Learning
4 21 (50.00%) Game Theory
4 21 (50.00%) Information Engineering
4 21 (50.00%) Neural Network
4 21 (50.00%) Pattern Recognition
4 21 (50.00%) Random Forest
4 21 (50.00%) Reinforcement Learning
4 21 (50.00%) Statistical Inference
4 21 (50.00%) Statistical Modelling
4 21 (50.00%) Technical Analysis
4 21 (50.00%) Validation
Programming Languages
1 30 (71.43%) Python
2 21 (50.00%) MATLAB
3 6 (14.29%) C#
4 5 (11.90%) C++
4 5 (11.90%) ES6
4 5 (11.90%) JavaScript
4 5 (11.90%) SQL
4 5 (11.90%) TypeScript
4 5 (11.90%) VB
5 4 (9.52%) Java
6 2 (4.76%) R
7 1 (2.38%) VBA
Qualifications
1 30 (71.43%) Degree
2 28 (66.67%) PhD
3 6 (14.29%) Numerate Degree
3 6 (14.29%) Postgraduate
4 5 (11.90%) Chartered Engineer
5 1 (2.38%) Master's Degree
5 1 (2.38%) SC Cleared
5 1 (2.38%) Security Cleared
Quality Assurance & Compliance
1 5 (11.90%) HAZOP
1 5 (11.90%) IEC 61508
1 5 (11.90%) ISO 26262
2 1 (2.38%) IFRS
2 1 (2.38%) IFRS 9
2 1 (2.38%) QA
System Software
1 2 (4.76%) Docker
Systems Management
1 2 (4.76%) Kubernetes
Vendors
1 10 (23.81%) Microsoft
2 9 (21.43%) Sun
3 2 (4.76%) Atlassian