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 3 months to 23 March 2017 with a comparison to the same period in the previous 2 years.

3 months to
23 Mar 2017
Same period 2016 Same period 2015
Stochastic Modelling
UK
Rank 841 - 952
Rank change year-on-year - 0  
Permanent jobs citing Stochastic Modelling 8 0 4
As % of all permanent IT jobs advertised in the UK 0.010% - 0.004%
As % of the Processes & Methodologies category 0.011% - 0.004%
Number of salaries quoted 4 0 1
Median salary £41,250 - £32,500
UK excluding London median salary £25,000 - £32,500

Stochastic Modelling 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 74564 90782 91624
As % of all permanent IT job vacancies advertised in the UK 89.03% 88.50% 87.04%
Number of salaries quoted 61277 75155 74101
Median salary £50,000 £50,000 £49,000
Median salary % change year-on-year - +2.04%  
90% offered a salary of more than £32,500 £32,500 £31,500
10% offered a salary of more than £77,500 £75,000 £75,000
UK excluding London median salary £45,000 £45,000 £43,000
% change year-on-year - +4.65%  

Stochastic Modelling
Job Vacancy Trend

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

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 3 months to 23 March 2017.

Salary histogram for Stochastic Modelling in the UK

Stochastic Modelling
Top 6 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 3 months to 23 March 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 - 8 £41,250 -
London - 6 £42,500 -
City of London - 3 - -
South East - 2 £25,000 -
Berkshire - 2 £25,000 -
Newbury - 1 - -

Stochastic Modelling
Top 30 Related IT Skills

For the 6 months to 23 March 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 26 (83.87%) Mathematics
2 15 (48.39%) R
3 14 (45.16%) Java
3 14 (45.16%) Finance
4 13 (41.94%) Physics
5 12 (38.71%) Bayesian Methods
5 12 (38.71%) Computer Science
5 12 (38.71%) Statistics
5 12 (38.71%) Python
6 11 (35.48%) Risk Management
6 11 (35.48%) C#
6 11 (35.48%) C++
6 11 (35.48%) OOP
6 11 (35.48%) OO
6 11 (35.48%) Derivative
6 11 (35.48%) Subversion
6 11 (35.48%) Quantitative Finance
6 11 (35.48%) Market Risk
7 10 (32.26%) Cluster Analysis
7 10 (32.26%) Machine Learning
7 10 (32.26%) Statistical Modelling
7 10 (32.26%) Data Analytics
7 10 (32.26%) Analytics
7 10 (32.26%) Neuroscience
7 10 (32.26%) Stata
7 10 (32.26%) Neural Network
7 10 (32.26%) Data Mining
7 10 (32.26%) SAS
8 5 (16.13%) SQL
9 4 (12.90%) Agile Software Development

Stochastic Modelling
Top Related 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 (32.26%) SAS
2 3 (9.68%) Tomcat
3 2 (6.45%) Apache
4 1 (3.23%) Liferay
4 1 (3.23%) Oracle Workflow
Applications
1 10 (32.26%) Stata
2 1 (3.23%) Spreadsheet
Business Applications
1 1 (3.23%) MoSes
1 1 (3.23%) Oracle BPM
Communications & Networking
1 1 (3.23%) LDAP
Database & Business Intelligence
1 10 (32.26%) Data Mining
2 3 (9.68%) MySQL
2 3 (9.68%) NoSQL
3 2 (6.45%) QlikView
4 1 (3.23%) Relational Database
Development Applications
1 11 (35.48%) Subversion
2 3 (9.68%) Jenkins
2 3 (9.68%) Maven
3 2 (6.45%) Eclipse
4 1 (3.23%) Git (software)
4 1 (3.23%) Sonatype Nexus
General
1 14 (45.16%) Finance
Job Titles
1 13 (41.94%) Data Scientist
1 13 (41.94%) Developer
1 13 (41.94%) Java Developer
2 11 (35.48%) C# Developer
2 11 (35.48%) C# Quant Developer
2 11 (35.48%) C++ Developer
2 11 (35.48%) C++ Quantitative Developer
2 11 (35.48%) C++/C# Developer
2 11 (35.48%) C++/Java Developer
2 11 (35.48%) Java Quantitative Developer
2 11 (35.48%) Market Risk C++ Developer
2 11 (35.48%) Market Risk Developer
2 11 (35.48%) Market Risk Java Developer
2 11 (35.48%) Quantitative Developer
3 4 (12.90%) Analyst
4 2 (6.45%) Operations Analyst
4 2 (6.45%) Senior Data Scientist
5 1 (3.23%) Actuarial Analyst
5 1 (3.23%) Graduate Analyst
5 1 (3.23%) Graduate Test Analyst
Libraries, Frameworks & Software Standards
1 3 (9.68%) AngularJS
1 3 (9.68%) Java EE
1 3 (9.68%) Polymer
2 2 (6.45%) CSS
2 2 (6.45%) HTML
2 2 (6.45%) KnockoutJS
2 2 (6.45%) React
2 2 (6.45%) XML
3 1 (3.23%) ActiveMQ
3 1 (3.23%) JAX-RS
3 1 (3.23%) jBPM
3 1 (3.23%) JSON
3 1 (3.23%) OAuth
3 1 (3.23%) OSGi
3 1 (3.23%) REST
3 1 (3.23%) SAML
3 1 (3.23%) SOAP
3 1 (3.23%) Spring
3 1 (3.23%) Vaadin
3 1 (3.23%) Web Services
Miscellaneous
1 12 (38.71%) Computer Science
2 11 (35.48%) Derivative
2 11 (35.48%) Market Risk
Operating Systems
1 2 (6.45%) Debian
1 2 (6.45%) Linux
1 2 (6.45%) Ubuntu
1 2 (6.45%) Unix
Processes & Methodologies
1 26 (83.87%) Mathematics
2 13 (41.94%) Physics
3 12 (38.71%) Bayesian Methods
3 12 (38.71%) Statistics
4 11 (35.48%) OO
4 11 (35.48%) OOP
4 11 (35.48%) Quantitative Finance
4 11 (35.48%) Risk Management
5 10 (32.26%) Analytics
5 10 (32.26%) Cluster Analysis
5 10 (32.26%) Data Analytics
5 10 (32.26%) Machine Learning
5 10 (32.26%) Neural Network
5 10 (32.26%) Neuroscience
5 10 (32.26%) Statistical Modelling
6 4 (12.90%) Agile Software Development
7 3 (9.68%) Scrum
8 2 (6.45%) Artificial Intelligence
9 1 (3.23%) Operations Research
9 1 (3.23%) Web Development
Programming Languages
1 15 (48.39%) R
2 14 (45.16%) Java
3 12 (38.71%) Python
4 11 (35.48%) C#
4 11 (35.48%) C++
5 5 (16.13%) SQL
6 2 (6.45%) JavaScript
6 2 (6.45%) Ruby
7 1 (3.23%) VBA
Qualifications
1 3 (9.68%) Degree
System Software
1 1 (3.23%) Docker
Vendors
1 1 (3.23%) Oracle