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 3 months to 27 June 2017 with a comparison to the same period in the previous 2 years.

Monte Carlo Simulation
UK
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 862 891 938
Rank change year-on-year +29 +47  
Permanent jobs citing Monte Carlo Method 28 41 44
As % of all permanent IT jobs advertised in the UK 0.031% 0.042% 0.040%
As % of the Processes & Methodologies category 0.035% 0.047% 0.046%
Number of salaries quoted 26 25 29
Median salary £90,000 £75,000 £60,000
Median salary % change year-on-year +20.00% +25.00%  
90% offered a salary of more than £48,250 £49,000 £40,500
10% offered a salary of more than £130,000 £88,000 £71,000
UK excluding London median salary £40,000 £65,000 £51,250
% change year-on-year -38.46% +26.82%  

Monte Carlo Method is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process and methodology skills.

Process & Methodology Skills
UK
Permanent job vacancies with a requirement for process and methodology skills 79998 87554 96376
As % of all permanent IT job vacancies advertised in the UK 89.73% 88.92% 88.08%
Number of salaries quoted 64425 73206 78779
Median salary £50,000 £50,000 £50,000
90% offered a salary of more than £32,500 £32,500 £31,500
10% offered a salary of more than £80,000 £75,000 £77,500
UK excluding London median salary £45,000 £45,000 £44,000
% change year-on-year - +2.27%  

Monte Carlo Method
Job Vacancy Trend

The job posting trend of jobs advertised citing Monte Carlo Method as a proportion of all permanent or contract IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Monte Carlo Method in the UK

Monte Carlo Method
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Monte Carlo Method.

Salary trend for Monte Carlo Method in the UK

Monte Carlo Method
Salary Histogram

The salary distribution of IT jobs citing Monte Carlo Method over the 3 months to 27 June 2017.

Salary histogram for Monte Carlo Method in the UK

Monte Carlo Method
Top 7 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 3 months to 27 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +46 28 £90,000 +20.00% 3
London +44 27 £90,000 +12.50% 2
City of London +36 6 £95,000 +40.74%
Westminster - 6 £90,000 -
East Yorkshire - 1 £40,000 -
Yorkshire - 1 £40,000 -
Hull - 1 £40,000 -

For the 6 months to 27 June 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 with a requirement for Monte Carlo Method.

1 47 (71.21%) Finance
2 28 (42.42%) Python
3 26 (39.39%) Statistics
4 19 (28.79%) Microsoft Excel
4 19 (28.79%) SQL
4 19 (28.79%) Machine Learning
5 17 (25.76%) PhD
5 17 (25.76%) Risk Management
6 16 (24.24%) Analytics
7 14 (21.21%) R
7 14 (21.21%) Bayesian Methods
8 13 (19.70%) Microsoft Office
8 13 (19.70%) Microsoft PowerPoint
9 12 (18.18%) Mathematics
9 12 (18.18%) Markov Chain
9 12 (18.18%) Statistical Modelling
10 11 (16.67%) Algorithms
10 11 (16.67%) Banking
10 11 (16.67%) Computer Science
10 11 (16.67%) Stakeholder Management
11 10 (15.15%) PostgreSQL
11 10 (15.15%) Front Office
11 10 (15.15%) C++
11 10 (15.15%) Stochastic Calculus
11 10 (15.15%) Project Planning
11 10 (15.15%) Target Operating Model
11 10 (15.15%) Mentoring
11 10 (15.15%) Basel III
12 9 (13.64%) Big Data
12 9 (13.64%) Deep Learning

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 5 (7.58%) Apache Pig
1 5 (7.58%) Apache Spark
2 1 (1.52%) Jupyter
2 1 (1.52%) Kinematics
2 1 (1.52%) SAS
2 1 (1.52%) Tornado
Applications
1 19 (28.79%) Microsoft Excel
2 13 (19.70%) Microsoft Office
2 13 (19.70%) Microsoft PowerPoint
Business Applications
1 5 (7.58%) Primavera
Cloud Services
1 2 (3.03%) Amazon AWS
2 1 (1.52%) Azure Machine Learning
2 1 (1.52%) Microsoft Azure
Database & Business Intelligence
1 10 (15.15%) PostgreSQL
2 9 (13.64%) Big Data
3 6 (9.09%) Hadoop
4 5 (7.58%) NoSQL
5 3 (4.55%) HBase
6 2 (3.03%) Data Mining
6 2 (3.03%) MongoDB
7 1 (1.52%) BusinessObjects
7 1 (1.52%) Mahout
7 1 (1.52%) Neo4j
7 1 (1.52%) Redis
Development Applications
1 2 (3.03%) Git (software)
General
1 47 (71.21%) Finance
2 11 (16.67%) Banking
3 10 (15.15%) Front Office
4 7 (10.61%) Financial Institution
5 5 (7.58%) Advertising
5 5 (7.58%) Back Office
5 5 (7.58%) Investment Banking
6 4 (6.06%) Marketing
7 2 (3.03%) Legal
8 1 (1.52%) Automotive
8 1 (1.52%) Retail
Job Titles
1 18 (27.27%) Data Scientist
2 14 (21.21%) Developer
3 10 (15.15%) Business Analyst
3 10 (15.15%) Consultant
3 10 (15.15%) Finance Business Analyst
3 10 (15.15%) Financial Business Analyst
3 10 (15.15%) Financial Services Business Analyst
3 10 (15.15%) Quantitative Developer
4 9 (13.64%) Senior Data Scientist
5 8 (12.12%) Machine Learning Scientist
6 7 (10.61%) Analyst
7 6 (9.09%) C++ Developer
7 6 (9.09%) Python Developer
7 6 (9.09%) Qualitative Analyst
7 6 (9.09%) Quantitative Analyst
8 5 (7.58%) C++ Quantitative Developer
8 5 (7.58%) Junior
9 3 (4.55%) Analyst Developer
9 3 (4.55%) Junior Developer
9 3 (4.55%) Risk Manager
Libraries, Frameworks & Software Standards
1 8 (12.12%) Keras
1 8 (12.12%) Natural Language Processing
1 8 (12.12%) TensorFlow
1 8 (12.12%) Theano
2 2 (3.03%) Django
3 1 (1.52%) AngularJS
3 1 (1.52%) Boost C++ Libraries
3 1 (1.52%) CSS
3 1 (1.52%) CSS3
3 1 (1.52%) Flask
3 1 (1.52%) HTML
3 1 (1.52%) HTML5
3 1 (1.52%) Pyramid
3 1 (1.52%) React
3 1 (1.52%) RESTful
3 1 (1.52%) WebSockets
Miscellaneous
1 11 (16.67%) Algorithms
1 11 (16.67%) Computer Science
2 9 (13.64%) Fintech
3 5 (7.58%) Analytical Skills
3 5 (7.58%) Derivative
3 5 (7.58%) Foreign Exchange (FX)
3 5 (7.58%) Swaptions
4 2 (3.03%) Data Structures
4 2 (3.03%) Hedge funds
4 2 (3.03%) Market Risk
5 1 (1.52%) Credit Risk
5 1 (1.52%) CUDA
5 1 (1.52%) Equities
5 1 (1.52%) Greenfield Project
Operating Systems
1 2 (3.03%) Windows
2 1 (1.52%) Linux
Processes & Methodologies
1 26 (39.39%) Statistics
2 19 (28.79%) Machine Learning
3 17 (25.76%) Risk Management
4 16 (24.24%) Analytics
5 14 (21.21%) Bayesian Methods
6 12 (18.18%) Markov Chain
6 12 (18.18%) Mathematics
6 12 (18.18%) Statistical Modelling
7 11 (16.67%) Stakeholder Management
8 10 (15.15%) Mentoring
8 10 (15.15%) Project Planning
8 10 (15.15%) Stochastic Calculus
8 10 (15.15%) Target Operating Model
9 9 (13.64%) Deep Learning
9 9 (13.64%) Random Forest
10 8 (12.12%) Bioinformatics
10 8 (12.12%) Change Control
10 8 (12.12%) Decision Tree
10 8 (12.12%) Neural Network
10 8 (12.12%) Physics
Programming Languages
1 28 (42.42%) Python
2 19 (28.79%) SQL
3 14 (21.21%) R
4 10 (15.15%) C++
5 8 (12.12%) Java
6 7 (10.61%) C
6 7 (10.61%) MATLAB
7 6 (9.09%) VBA
8 4 (6.06%) Fortran
9 2 (3.03%) JavaScript
10 1 (1.52%) C#
10 1 (1.52%) Cypher
10 1 (1.52%) Scala
Qualifications
1 17 (25.76%) PhD
2 8 (12.12%) Degree
3 3 (4.55%) DV Cleared
3 3 (4.55%) SC Cleared
3 3 (4.55%) Security Cleared
4 2 (3.03%) CISA
4 2 (3.03%) CISM
4 2 (3.03%) CISSP
4 2 (3.03%) CRISC
Quality Assurance & Compliance
1 10 (15.15%) Basel III
2 7 (10.61%) Data Quality
3 6 (9.09%) QA
4 1 (1.52%) IFRS
Vendors
1 3 (4.55%) Microsoft
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