Period
to 23 January 2018

The following table provides summary statistics for permanent job vacancies with a requirement for Stochastic Calculus skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Stochastic Calculus over the 6 months to 23 January 2018 with a comparison to the same period in the previous 2 years.

Stochastic Calculus
UK
6 months to
23 Jan 2018
Same period 2017 Same period 2016
Rank 1148 1176 1222
Rank change year-on-year +28 +46 +78
Permanent jobs citing Stochastic Calculus 28 17 37
As % of all permanent IT jobs advertised in the UK 0.016% 0.010% 0.018%
As % of the Processes & Methodologies category 0.018% 0.011% 0.020%
Number of salaries quoted 26 17 33
UK median annual salary £100,000 £77,500 £62,500
Median salary % change year-on-year +29.03% +24.00% -23.08%
10th Percentile £56,250 £63,750 £50,000
90th Percentile £130,000 £129,000 £84,000
UK excluding London median annual salary - - £125,000

Stochastic Calculus 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 156,865 157,457 184,205
As % of all permanent IT jobs advertised in the UK 89.85% 89.53% 88.89%
Number of salaries quoted 126,280 130,141 152,691
UK median annual salary £50,000 £48,533 £47,500
Median salary % change year-on-year +3.02% +2.17% +5.56%
10th Percentile £28,750 £28,125 £27,500
90th Percentile £80,000 £78,750 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +5.88% - +6.25%

Stochastic Calculus
Job Vacancy Trend

Job postings citing Stochastic Calculus as a percentage of all IT jobs advertised.

Job vacancy trend for Stochastic Calculus in the UK

Stochastic Calculus
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Stochastic Calculus.

Salary trend for Stochastic Calculus in the UK

Stochastic Calculus
Salary Histogram

The salary distribution of IT jobs citing Stochastic Calculus over the 6 months to 23 January 2018.

Salary histogram for Stochastic Calculus in the UK

Stochastic Calculus
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Stochastic Calculus within the UK over the 6 months to 23 January 2018. 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 +10 28 £100,000 +29.03% 4
London -10 28 £100,000 +21.21% 4

For the 6 months to 23 January 2018, IT jobs citing Stochastic Calculus 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 Stochastic Calculus.

1 28 (100.00%) C++
2 21 (75.00%) Finance
3 19 (67.86%) Validation
4 18 (64.29%) Front Office
4 18 (64.29%) Risk Management
4 18 (64.29%) Mathematics
5 15 (53.57%) MiFID
5 15 (53.57%) Credit Risk
5 15 (53.57%) Market Risk
5 15 (53.57%) Foreign Exchange (FX)
5 15 (53.57%) Credit Risk Management
6 14 (50.00%) Degree
7 13 (46.43%) R
7 13 (46.43%) EMIR
7 13 (46.43%) Dodd-Frank
7 13 (46.43%) Advertising
7 13 (46.43%) C#
8 12 (42.86%) MATLAB
8 12 (42.86%) Physics
8 12 (42.86%) Financial Modelling
9 9 (32.14%) Master's Degree
10 8 (28.57%) Algorithms
10 8 (28.57%) Python
11 7 (25.00%) Monte Carlo Method
11 7 (25.00%) Hedge funds
12 6 (21.43%) Machine Learning
13 5 (17.86%) Banking
13 5 (17.86%) Investment Banking
13 5 (17.86%) Data Mining
13 5 (17.86%) STL

Stochastic Calculus
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:

Database & Business Intelligence
1 5 (17.86%) Data Mining
General
1 21 (75.00%) Finance
2 18 (64.29%) Front Office
3 13 (46.43%) Advertising
4 5 (17.86%) Banking
4 5 (17.86%) Investment Banking
Job Titles
1 18 (64.29%) Analyst
1 18 (64.29%) Qualitative Analyst
1 18 (64.29%) Quantitative Analyst
2 15 (53.57%) Developer
2 15 (53.57%) Quantitative Developer
3 6 (21.43%) C++ Developer
3 6 (21.43%) C++ Quantitative Developer
4 5 (17.86%) Analyst Developer
4 5 (17.86%) Quantitative Analyst Developer
5 3 (10.71%) C++ Analyst Developer
6 2 (7.14%) Developer Analyst
6 2 (7.14%) Financial Analyst
Libraries, Frameworks & Software Standards
1 5 (17.86%) Boost C++ Libraries
1 5 (17.86%) STL
2 2 (7.14%) Middleware
Miscellaneous
1 15 (53.57%) Credit Risk
1 15 (53.57%) Foreign Exchange (FX)
1 15 (53.57%) Market Risk
2 8 (28.57%) Algorithms
3 7 (25.00%) Hedge funds
4 5 (17.86%) Computer Science
4 5 (17.86%) CUDA
5 4 (14.29%) Equities
5 4 (14.29%) Fintech
6 3 (10.71%) Fixed Income
7 2 (7.14%) Derivative
Processes & Methodologies
1 19 (67.86%) Validation
2 18 (64.29%) Mathematics
2 18 (64.29%) Risk Management
3 15 (53.57%) Credit Risk Management
4 12 (42.86%) Financial Modelling
4 12 (42.86%) Physics
5 7 (25.00%) Monte Carlo Method
6 6 (21.43%) Machine Learning
7 5 (17.86%) Code Optimisation
7 5 (17.86%) Time Series Analysis
8 3 (10.71%) Agile Software Development
8 3 (10.71%) Quantitative Finance
8 3 (10.71%) Technical Analysis
8 3 (10.71%) Test Automation
8 3 (10.71%) Unit Testing
9 2 (7.14%) Creative Thinking
9 2 (7.14%) E-Commerce
9 2 (7.14%) Project Management
9 2 (7.14%) Statistics
9 2 (7.14%) Stress Testing
Programming Languages
1 28 (100.00%) C++
2 13 (46.43%) C#
2 13 (46.43%) R
3 12 (42.86%) MATLAB
4 8 (28.57%) Python
5 5 (17.86%) Cython
6 3 (10.71%) Java
Qualifications
1 14 (50.00%) Degree
2 9 (32.14%) Master's Degree
3 4 (14.29%) PhD
4 2 (7.14%) Numerate Degree
5 1 (3.57%) Sun Certification
Quality Assurance & Compliance
1 15 (53.57%) MiFID
2 13 (46.43%) Dodd-Frank
2 13 (46.43%) EMIR
3 3 (10.71%) QA
4 2 (7.14%) Basel III