Period
to

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 15 August 2022 with a comparison to the same period in the previous 2 years.

Monte Carlo Simulation
UK
6 months to
15 Aug 2022
Same period 2021 Same period 2020
Rank 1142 969 754
Rank change year-on-year -173 -215 +340
Permanent jobs citing Monte Carlo Method 98 48 33
As % of all permanent jobs advertised in the UK 0.059% 0.042% 0.053%
As % of the Processes & Methodologies category 0.061% 0.044% 0.057%
Number of salaries quoted 28 4 32
10th Percentile £70,488 £45,500 £75,125
25th Percentile £102,500 £50,000 £89,688
Median annual salary (50th Percentile) £125,000 £67,911 £100,000
Median % change year-on-year +84.06% -32.09% +166.67%
75th Percentile £132,500 £89,111 £110,000
90th Percentile £157,250 - -
UK excluding London median annual salary - - £41,500
% change year-on-year - - +27.69%

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 160,204 108,315 57,920
As % of all permanent IT jobs advertised in the UK 95.77% 94.09% 93.13%
Number of salaries quoted 83,315 73,224 47,036
10th Percentile £34,250 £32,500 £32,500
25th Percentile £45,000 £42,500 £41,250
Median annual salary (50th Percentile) £60,000 £55,756 £55,000
Median % change year-on-year +7.61% +1.37% +4.76%
75th Percentile £80,000 £75,000 £73,750
90th Percentile £97,290 £92,500 £90,000
UK excluding London median annual salary £52,500 £50,000 £47,500
% change year-on-year +5.00% +5.26% +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 15 August 2022.

Salary histogram for Monte Carlo Method in the UK

Monte Carlo Method
Top 12 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 15 August 2022. 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 -121 87 £125,000 +84.06% 4
UK excluding London -63 48 - -
London -143 43 £125,000 +84.06% 4
Work from Home -204 27 £200,000 - 1
East of England - 22 - -
North of England -59 9 - -
North West -62 9 - -
South West -41 6 - -
South East - 5 - -
Scotland -27 4 - -
West Midlands - 2 - -
Midlands - 2 - -

For the 6 months to 15 August 2022, 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 75 (76.53%) Mathematics
2 67 (68.37%) Python
3 60 (61.22%) Analytics
4 54 (55.10%) Computer Science
5 52 (53.06%) Social Skills
6 50 (51.02%) Degree
6 50 (51.02%) Finance
7 44 (44.90%) C++
8 42 (42.86%) Model Validation
9 39 (39.80%) Agile
10 37 (37.76%) Machine Learning
11 35 (35.71%) Software Engineering
12 33 (33.67%) Analytical Skills
13 32 (32.65%) Physics
13 32 (32.65%) SQL
14 31 (31.63%) Problem-Solving
15 30 (30.61%) Statistics
16 29 (29.59%) C#
17 28 (28.57%) Linux
17 28 (28.57%) Time Management
17 28 (28.57%) Algorithms
18 27 (27.55%) TensorFlow
19 24 (24.49%) PhD
19 24 (24.49%) Validation
20 23 (23.47%) Artificial Intelligence
20 23 (23.47%) scikit-learn
21 22 (22.45%) Mathematical Modelling
21 22 (22.45%) Master's Degree
21 22 (22.45%) Banking
21 22 (22.45%) Risk Management

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 (5.10%) Cloud Foundry
2 4 (4.08%) Apache Spark
3 1 (1.02%) Apache
3 1 (1.02%) SAS
Applications
1 8 (8.16%) AutoCAD
1 8 (8.16%) Microsoft Excel
1 8 (8.16%) Microsoft Project
1 8 (8.16%) MS Visio
1 8 (8.16%) Revit
2 7 (7.14%) Simulink
2 7 (7.14%) Stateflow
3 5 (5.10%) Adobe Illustrator
3 5 (5.10%) Adobe XD
3 5 (5.10%) InDesign
4 2 (2.04%) Chatbot
Cloud Services
1 15 (15.31%) AWS
2 12 (12.24%) Azure
2 12 (12.24%) Power Platform
3 4 (4.08%) Amazon S3
3 4 (4.08%) Amazon SageMaker
3 4 (4.08%) Azure DevOps
3 4 (4.08%) Azure Service Fabric
4 2 (2.04%) Azure LUIS
4 2 (2.04%) Dialogflow
4 2 (2.04%) Snowflake
5 1 (1.02%) GCP
5 1 (1.02%) IaaS
5 1 (1.02%) PaaS
5 1 (1.02%) SaaS
5 1 (1.02%) Serverless
Database & Business Intelligence
1 12 (12.24%) Power BI
2 8 (8.16%) GIS
3 5 (5.10%) Big Data
3 5 (5.10%) Data Warehouse
3 5 (5.10%) MongoDB
3 5 (5.10%) Tableau
4 4 (4.08%) Amazon Athena
4 4 (4.08%) Amazon Redshift
4 4 (4.08%) NoSQL
4 4 (4.08%) SQL Server
5 3 (3.06%) Amazon QuickSight
5 3 (3.06%) Data Lake
6 1 (1.02%) Data Mining
6 1 (1.02%) Hadoop
Development Applications
1 8 (8.16%) Git (software)
2 5 (5.10%) CMake
2 5 (5.10%) PhantomJS
3 2 (2.04%) Jenkins
General
1 52 (53.06%) Social Skills
2 50 (51.02%) Finance
3 33 (33.67%) Analytical Skills
4 22 (22.45%) Banking
5 21 (21.43%) Games
6 14 (14.29%) Legal
7 9 (9.18%) Law
8 8 (8.16%) Organisational Skills
9 5 (5.10%) Inclusion and Diversity
10 4 (4.08%) Marketing
11 3 (3.06%) Retail
12 2 (2.04%) Front Office
13 1 (1.02%) Aerospace
13 1 (1.02%) Manufacturing
Job Titles
1 50 (51.02%) Developer
2 39 (39.80%) Senior Developer
3 36 (36.73%) Quantitative Developer
4 33 (33.67%) Senior Quantitative Developer
5 31 (31.63%) C++ Developer
5 31 (31.63%) Senior C++ Developer
6 25 (25.51%) C++ Quantitative Developer
6 25 (25.51%) Senior C++ Quantitative Developer
7 21 (21.43%) Python Developer
8 19 (19.39%) Senior Python Developer
9 16 (16.33%) Analytics Developer
10 13 (13.27%) Risk Analytics Developer
11 11 (11.22%) Analyst
11 11 (11.22%) Senior Software Engineer
11 11 (11.22%) Software Engineer
12 8 (8.16%) C# Developer
12 8 (8.16%) C# Quant Developer
12 8 (8.16%) Junior
12 8 (8.16%) Junior Analyst
12 8 (8.16%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 27 (27.55%) TensorFlow
2 23 (23.47%) scikit-learn
3 21 (21.43%) PyTorch
4 17 (17.35%) SciPy
5 10 (10.20%) Pandas
6 9 (9.18%) AngularJS
7 8 (8.16%) Node.js
8 7 (7.14%) .NET
8 7 (7.14%) Smart Contracts
8 7 (7.14%) Spring
8 7 (7.14%) Spring Boot
8 7 (7.14%) web3js
9 6 (6.12%) Matplotlib
9 6 (6.12%) STL
10 5 (5.10%) Express
10 5 (5.10%) Kafka
10 5 (5.10%) OpenSceneGraph
10 5 (5.10%) Qt
10 5 (5.10%) REST
10 5 (5.10%) WebGL
Miscellaneous
1 28 (28.57%) Algorithms
2 19 (19.39%) Credit Risk
2 19 (19.39%) Equities
3 16 (16.33%) Derivative
3 16 (16.33%) Fixed Income
4 15 (15.31%) Market Risk
5 11 (11.22%) Foreign Exchange (FX)
6 9 (9.18%) Hedge funds
6 9 (9.18%) Online Gambling
6 9 (9.18%) Robotics
7 8 (8.16%) Self-Motivation
8 7 (7.14%) Blockchain
8 7 (7.14%) Web3
9 6 (6.12%) Data Structures
10 5 (5.10%) 3D Graphics
10 5 (5.10%) Graphic Design
10 5 (5.10%) User Experience
11 3 (3.06%) Credit Derivative
12 2 (2.04%) Sports Betting
13 1 (1.02%) Management Information System
Operating Systems
1 28 (28.57%) Linux
2 5 (5.10%) Windows
3 4 (4.08%) Unix
4 1 (1.02%) Android
Processes & Methodologies
1 75 (76.53%) Mathematics
2 60 (61.22%) Analytics
3 54 (55.10%) Computer Science
4 42 (42.86%) Model Validation
5 39 (39.80%) Agile
6 37 (37.76%) Machine Learning
7 35 (35.71%) Software Engineering
8 32 (32.65%) Physics
9 31 (31.63%) Problem-Solving
10 30 (30.61%) Statistics
11 28 (28.57%) Time Management
12 24 (24.49%) Validation
13 23 (23.47%) Artificial Intelligence
14 22 (22.45%) Mathematical Modelling
14 22 (22.45%) Risk Management
15 20 (20.41%) Data Science
15 20 (20.41%) Financial Modelling
16 19 (19.39%) Statistical Modelling
17 18 (18.37%) OO
18 17 (17.35%) Bayesian Methods
Programming Languages
1 67 (68.37%) Python
2 44 (44.90%) C++
3 32 (32.65%) SQL
4 29 (29.59%) C#
5 17 (17.35%) Java
6 7 (7.14%) JavaScript
6 7 (7.14%) MATLAB
7 6 (6.12%) Go
8 4 (4.08%) R
9 1 (1.02%) Apple Swift
9 1 (1.02%) Groovy
9 1 (1.02%) Lua
9 1 (1.02%) Objective-C
9 1 (1.02%) Perl
9 1 (1.02%) VBA
Qualifications
1 50 (51.02%) Degree
2 24 (24.49%) PhD
3 22 (22.45%) Master's Degree
4 13 (13.27%) Computer Science Degree
5 5 (5.10%) SC Cleared
5 5 (5.10%) Security Cleared
Quality Assurance & Compliance
1 13 (13.27%) IFRS
1 13 (13.27%) IFRS 9
System Software
1 20 (20.41%) Docker
2 1 (1.02%) Virtual Machines
Systems Management
1 6 (6.12%) Kubernetes
1 6 (6.12%) Puppet
2 1 (1.02%) Ansible
2 1 (1.02%) Mesos
2 1 (1.02%) Terraform
Vendors
1 17 (17.35%) Microsoft
2 9 (9.18%) Sun
3 8 (8.16%) Cisco
4 7 (7.14%) OpenAI
5 5 (5.10%) Adobe
5 5 (5.10%) Atlassian
6 4 (4.08%) Zopa
7 2 (2.04%) Oracle
8 1 (1.02%) Google
8 1 (1.02%) IBM