Period
to 22 November 2017

The following table provides summary statistics for permanent job vacancies with a requirement for Stochastic Modelling skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Stochastic Modelling over the 6 months to 22 November 2017 with a comparison to the same period in the previous 2 years.

Stochastic Modelling
UK
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 1169 1186 1294
Rank change year-on-year +17 +108 +48
Permanent jobs citing Stochastic Modelling 13 39 15
As % of all permanent IT jobs advertised in the UK 0.007% 0.021% 0.007%
As % of the Processes & Methodologies category 0.008% 0.023% 0.008%
Number of salaries quoted 4 25 13
UK median annual salary £43,750 £40,000 £42,500
Median salary % change year-on-year +9.38% -5.88% -
10th Percentile £32,625 £27,500 £25,250
90th Percentile £59,375 £82,500 £52,400
UK excluding London median annual salary £42,500 £40,000 £25,500
% change year-on-year +6.25% +56.86% -

Stochastic Modelling 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 162377 170041 191608
As % of all permanent IT jobs advertised in the UK 89.91% 89.40% 88.80%
Number of salaries quoted 128248 141329 157803
UK median annual salary £50,000 £49,500 £47,500
Median salary % change year-on-year +1.01% +4.21% +5.56%
10th Percentile £28,750 £28,000 £27,500
90th Percentile £80,000 £78,750 £77,500
UK excluding London median annual salary £44,000 £42,500 £42,500
% change year-on-year +3.53% - +6.25%

Stochastic Modelling
Job Vacancy Trend

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

Job vacancy trend for Stochastic Modelling in the UK

Stochastic Modelling
Salary Trend

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

Salary trend for Stochastic Modelling in the UK

Stochastic Modelling
Salary Histogram

The salary distribution of IT jobs citing Stochastic Modelling over the 6 months to 22 November 2017.

Salary histogram for Stochastic Modelling in the UK

Stochastic Modelling
Top 5 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Stochastic Modelling within the UK over the 6 months to 22 November 2017. 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 -8 13 £43,750 +9.38% 1
UK excluding London +20 12 £42,500 +6.25% 1
South East +40 10 £30,000 -28.99%
East of England - 2 £43,750 -
London -7 1 £60,000 +53.85% 1

For the 6 months to 22 November 2017, IT jobs citing Stochastic Modelling 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 Stochastic Modelling.

1 11 (84.62%) Java
1 11 (84.62%) SQL
1 11 (84.62%) Linux
1 11 (84.62%) Finance
1 11 (84.62%) Agile Software Development
2 10 (76.92%) Maven
2 10 (76.92%) Unix
2 10 (76.92%) Apache
2 10 (76.92%) Tomcat
2 10 (76.92%) MySQL
2 10 (76.92%) CSS
2 10 (76.92%) JavaScript
2 10 (76.92%) HTML
2 10 (76.92%) Java EE
2 10 (76.92%) Drools
2 10 (76.92%) KnockoutJS
2 10 (76.92%) AngularJS
2 10 (76.92%) Jenkins
2 10 (76.92%) React
2 10 (76.92%) Polymer
3 9 (69.23%) Web Development
3 9 (69.23%) Scrum
4 5 (38.46%) Debian
4 5 (38.46%) Ubuntu
4 5 (38.46%) jBPM
4 5 (38.46%) XML
4 5 (38.46%) ITIL
4 5 (38.46%) Eclipse
4 5 (38.46%) Subversion
4 5 (38.46%) Git (software)

Stochastic Modelling
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 10 (76.92%) Apache
1 10 (76.92%) Tomcat
2 2 (15.38%) Apache Spark
Database & Business Intelligence
1 10 (76.92%) MySQL
2 5 (38.46%) MariaDB
3 2 (15.38%) Big Data
3 2 (15.38%) Hadoop
4 1 (7.69%) KDB
Development Applications
1 10 (76.92%) Jenkins
1 10 (76.92%) Maven
2 5 (38.46%) Cucumber
2 5 (38.46%) Eclipse
2 5 (38.46%) Git (software)
2 5 (38.46%) JIRA
2 5 (38.46%) Selenium
2 5 (38.46%) Subversion
General
1 11 (84.62%) Finance
2 1 (7.69%) Banking
2 1 (7.69%) Front Office
Job Titles
1 5 (38.46%) Developer
1 5 (38.46%) DevOps Engineer
1 5 (38.46%) Java Developer
1 5 (38.46%) Java Engineer
2 3 (23.08%) Java Web Developer
2 3 (23.08%) Web Developer
3 2 (15.38%) Data Scientist
4 1 (7.69%) Analyst
4 1 (7.69%) Associate Engineer
4 1 (7.69%) Data Analyst
4 1 (7.69%) Data Engineer
4 1 (7.69%) Data Strategist
4 1 (7.69%) Machine Learning Analyst
4 1 (7.69%) Machine Learning Engineer
Libraries, Frameworks & Software Standards
1 10 (76.92%) AngularJS
1 10 (76.92%) CSS
1 10 (76.92%) Drools
1 10 (76.92%) HTML
1 10 (76.92%) Java EE
1 10 (76.92%) KnockoutJS
1 10 (76.92%) Polymer
1 10 (76.92%) React
2 5 (38.46%) jBPM
2 5 (38.46%) XML
3 3 (23.08%) NumPy
3 3 (23.08%) Pandas
3 3 (23.08%) scikit-learn
4 2 (15.38%) Keras
5 1 (7.69%) SciPy
5 1 (7.69%) TensorFlow
5 1 (7.69%) Theano
5 1 (7.69%) Torch
5 1 (7.69%) Vaadin
Miscellaneous
1 2 (15.38%) Algorithms
2 1 (7.69%) Computer Science
2 1 (7.69%) Data Structures
Operating Systems
1 11 (84.62%) Linux
2 10 (76.92%) Unix
3 5 (38.46%) Debian
3 5 (38.46%) Ubuntu
Processes & Methodologies
1 11 (84.62%) Agile Software Development
2 9 (69.23%) Scrum
2 9 (69.23%) Web Development
3 5 (38.46%) DevOps
3 5 (38.46%) ITIL
4 3 (23.08%) Machine Learning
4 3 (23.08%) Visualisation
5 2 (15.38%) Data Visualisation
5 2 (15.38%) Mathematics
6 1 (7.69%) Analytics
6 1 (7.69%) Data Analytics
6 1 (7.69%) Data Management
6 1 (7.69%) Deep Learning
6 1 (7.69%) Multivariate Analysis
6 1 (7.69%) Numerical Analysis
6 1 (7.69%) Operations Research
6 1 (7.69%) Physics
6 1 (7.69%) Rapid Prototyping
6 1 (7.69%) SDLC
6 1 (7.69%) Statistical Analysis
Programming Languages
1 11 (84.62%) Java
1 11 (84.62%) SQL
2 10 (76.92%) JavaScript
3 3 (23.08%) Python
4 1 (7.69%) C++
4 1 (7.69%) MATLAB
4 1 (7.69%) R
Qualifications
1 3 (23.08%) Degree
1 3 (23.08%) PhD
2 1 (7.69%) Master's Degree
System Software
1 5 (38.46%) Docker
Systems Management
1 5 (38.46%) Galera Cluster
1 5 (38.46%) OpenNebula