Period
to

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

Stochastic Calculus
UK
6 months to
8 Aug 2022
Same period 2021 Same period 2020
Rank 1208 989 757
Rank change year-on-year -219 -232 +345
Permanent jobs citing Stochastic Calculus 19 22 36
As % of all permanent jobs advertised in the UK 0.011% 0.019% 0.055%
As % of the Processes & Methodologies category 0.012% 0.021% 0.059%
Number of salaries quoted 17 17 35
10th Percentile £65,000 £68,250 £66,250
25th Percentile £80,000 £73,750 £76,250
Median annual salary (50th Percentile) £87,500 £75,000 £100,000
Median % change year-on-year +16.67% -25.00% +100.00%
75th Percentile £127,500 £86,250 £110,000
90th Percentile - £88,895 -
UK excluding London median annual salary - - -

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 163,611 107,228 60,576
As % of all permanent IT jobs advertised in the UK 95.79% 94.06% 93.05%
Number of salaries quoted 84,033 72,697 49,132
10th Percentile £34,000 £32,500 £32,500
25th Percentile £45,000 £42,500 £41,250
Median annual salary (50th Percentile) £60,000 £55,000 £55,000
Median % change year-on-year +9.09% - +4.76%
75th Percentile £80,000 £75,000 £73,750
90th Percentile £96,250 £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%

Stochastic Calculus
Job Vacancy Trend

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

Job vacancy trend for Stochastic Calculus in the UK

Stochastic Calculus
Salary Trend

3-month moving average salary quoted in jobs citing Stochastic Calculus.

Salary trend for Stochastic Calculus in the UK

Stochastic Calculus
Salary Histogram

Salary distribution for jobs citing Stochastic Calculus over the 6 months to 8 August 2022.

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 8 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
London -196 19 £87,500 +16.67% 1
England -205 19 £87,500 +16.67% 1

For the 6 months to 8 August 2022, 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 19 (100.00%) Mathematics
2 17 (89.47%) Python
2 17 (89.47%) Foreign Exchange (FX)
3 15 (78.95%) C++
3 15 (78.95%) Equities
4 12 (63.16%) PhD
5 11 (57.89%) Monte Carlo Method
6 10 (52.63%) Physics
6 10 (52.63%) Degree
6 10 (52.63%) Master's Degree
6 10 (52.63%) Risk Management
6 10 (52.63%) Finance
6 10 (52.63%) Validation
6 10 (52.63%) Model Validation
7 9 (47.37%) Algorithms
8 8 (42.11%) Exotic Derivative
8 8 (42.11%) Market Risk
8 8 (42.11%) Financial Modelling
8 8 (42.11%) Advertising
9 7 (36.84%) Linux
9 7 (36.84%) STL
9 7 (36.84%) Multithreading
9 7 (36.84%) Hedge funds
9 7 (36.84%) Software Engineering
9 7 (36.84%) Statistical Arbitrage
9 7 (36.84%) Market Making
9 7 (36.84%) Systematic Trading
9 7 (36.84%) scikit-learn
9 7 (36.84%) Pandas
9 7 (36.84%) Data Structures

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:

General
1 10 (52.63%) Finance
2 8 (42.11%) Advertising
3 4 (21.05%) Social Skills
4 2 (10.53%) Front Office
4 2 (10.53%) Games
4 2 (10.53%) Retail
Job Titles
1 15 (78.95%) Developer
1 15 (78.95%) Python Developer
2 13 (68.42%) C++ Developer
3 8 (42.11%) Quantitative Developer
4 7 (36.84%) Applications Developer
4 7 (36.84%) Applications Engineer
4 7 (36.84%) C++ Applications Developer
4 7 (36.84%) C++ Software Developer
4 7 (36.84%) C++ Software Engineer
4 7 (36.84%) Developer/Software Engineer
4 7 (36.84%) Python Software Engineer
4 7 (36.84%) Senior Applications Developer
4 7 (36.84%) Senior C++ Applications Developer
4 7 (36.84%) Senior C++ Developer
4 7 (36.84%) Senior C++ Software Engineer
4 7 (36.84%) Senior Developer
4 7 (36.84%) Senior Python Developer
4 7 (36.84%) Senior Software Developer
4 7 (36.84%) Senior Software Engineer
4 7 (36.84%) Software Engineer
Libraries, Frameworks & Software Standards
1 7 (36.84%) Pandas
1 7 (36.84%) PyTorch
1 7 (36.84%) scikit-learn
1 7 (36.84%) STL
2 2 (10.53%) .NET
Miscellaneous
1 17 (89.47%) Foreign Exchange (FX)
2 15 (78.95%) Equities
3 9 (47.37%) Algorithms
4 8 (42.11%) Exotic Derivative
4 8 (42.11%) Market Risk
5 7 (36.84%) Data Structures
5 7 (36.84%) Hedge funds
6 2 (10.53%) Sports Betting
Operating Systems
1 7 (36.84%) Linux
Processes & Methodologies
1 19 (100.00%) Mathematics
2 11 (57.89%) Monte Carlo Method
3 10 (52.63%) Model Validation
3 10 (52.63%) Physics
3 10 (52.63%) Risk Management
3 10 (52.63%) Validation
4 8 (42.11%) Financial Modelling
5 7 (36.84%) Event-Driven
5 7 (36.84%) Market Making
5 7 (36.84%) Multithreading
5 7 (36.84%) Software Engineering
5 7 (36.84%) Statistical Arbitrage
5 7 (36.84%) Systematic Trading
6 6 (31.58%) Artificial Intelligence
6 6 (31.58%) Machine Learning
7 3 (15.79%) DevOps
8 2 (10.53%) Bayesian Methods
8 2 (10.53%) Coaching
8 2 (10.53%) Kalman Filter
8 2 (10.53%) Probability Theory
Programming Languages
1 17 (89.47%) Python
2 15 (78.95%) C++
Qualifications
1 12 (63.16%) PhD
2 10 (52.63%) Degree
2 10 (52.63%) Master's Degree
Quality Assurance & Compliance
1 6 (31.58%) Dodd-Frank
1 6 (31.58%) EMIR
1 6 (31.58%) MiFID