Applied Mathematics Contracts

Applied Mathematics (Applied Maths)
UK

The following table provides summary statistics for contract job vacancies with a requirement for Applied Mathematics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Applied Mathematics over the 6 months to 1 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 563 657 830
Rank change year-on-year +94 +173 -142
Contract jobs citing Applied Mathematics 12 25 8
As % of all contract jobs advertised in the UK 0.028% 0.045% 0.009%
As % of the Processes & Methodologies category 0.033% 0.050% 0.010%
Number of daily rates quoted 4 14 6
10th Percentile £440 £419 £500
25th Percentile £551 £500 £513
Median daily rate (50th Percentile) £638 £600 £648
Median % change year-on-year +6.25% -7.34% -1.15%
75th Percentile £725 £825 £931
90th Percentile £815 £893 £985
UK excluding London median daily rate - £488 £525
% change year-on-year - -7.14% -30.00%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £39.25
Median hourly rate - - £40.50
75th Percentile - - £41.75
90th Percentile - - -
UK excluding London median hourly rate - - -

All Process and Methodology Skills
UK

Applied Mathematics is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 36,802 50,277 79,372
As % of all contract IT jobs advertised in the UK 85.47% 89.69% 90.61%
Number of daily rates quoted 23,632 34,811 55,790
10th Percentile £300 £325 £345
25th Percentile £413 £438 £431
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £644
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +9.18%
Number of hourly rates quoted 2,530 1,673 1,868
10th Percentile £12.75 £10.63 £12.50
25th Percentile £16.00 £15.72 £15.63
Median hourly rate £36.50 £36.25 £25.68
Median % change year-on-year +0.69% +41.16% +9.74%
75th Percentile £60.75 £65.00 £50.00
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.12 £35.00 £20.00
% change year-on-year +8.91% +75.00% -4.76%

Applied Mathematics
Job Vacancy Trend

Job postings citing Applied Mathematics as a proportion of all IT jobs advertised.

Job vacancy trend for Applied Mathematics in the UK

Applied Mathematics
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Applied Mathematics.

Daily rate trend for Applied Mathematics in the UK

Applied Mathematics
Daily Rate Histogram

Daily rate distribution for jobs citing Applied Mathematics over the 6 months to 1 June 2024.

Daily rate histogram for Applied Mathematics in the UK

Applied Mathematics
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Applied Mathematics.

Hourly rate trend for Applied Mathematics in the UK

Applied Mathematics
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Applied Mathematics within the UK over the 6 months to 1 June 2024. 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +83 10 £638 -20.31% 14
England +71 10 £638 +6.25% 18
Work from Home +107 2 - - 3

Applied Mathematics
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (25.00%) Apache Spark
Cloud Services
1 11 (91.67%) Azure
2 8 (66.67%) Azure DevOps
2 8 (66.67%) GitHub
3 4 (33.33%) AWS
Database & Business Intelligence
1 8 (66.67%) NoSQL
2 1 (8.33%) Data Warehouse
2 1 (8.33%) Tableau
General
1 8 (66.67%) Finance
1 8 (66.67%) Front Office
2 4 (33.33%) Marketing
3 3 (25.00%) Analytical Skills
4 2 (16.67%) Presentation Skills
4 2 (16.67%) Social Skills
5 1 (8.33%) Advertising
Job Titles
1 8 (66.67%) Developer
2 7 (58.33%) Quantitative Developer
3 3 (25.00%) Python Developer
3 3 (25.00%) Senior
3 3 (25.00%) Senior Developer
3 3 (25.00%) Senior Quantitative Developer
4 2 (16.67%) Data Scientist
4 2 (16.67%) Econometrician
4 2 (16.67%) Energy Trading Developer
4 2 (16.67%) Senior Python Developer
5 1 (8.33%) Analyst
5 1 (8.33%) Marketing Analyst
5 1 (8.33%) Marketing Data Analyst
Libraries, Frameworks & Software Standards
1 11 (91.67%) Pandas
2 8 (66.67%) NumPy
2 8 (66.67%) SciPy
Miscellaneous
1 8 (66.67%) Derivative
2 3 (25.00%) Multi-touch
3 2 (16.67%) Renewable Energy
3 2 (16.67%) Solar Panel
4 1 (8.33%) Mobile App
Processes & Methodologies
1 12 (100.00%) Mathematics
2 10 (83.33%) Computer Science
3 8 (66.67%) Backtesting
3 8 (66.67%) CI/CD
3 8 (66.67%) Data Pipeline
3 8 (66.67%) DevOps
3 8 (66.67%) Product Requirements
3 8 (66.67%) Test Automation
4 7 (58.33%) Architectural Patterns
4 7 (58.33%) Financial Modelling
4 7 (58.33%) Mathematical Modelling
4 7 (58.33%) Software Engineering
5 4 (33.33%) Data Analysis
5 4 (33.33%) Data Science
5 4 (33.33%) Performance Optimisation
5 4 (33.33%) Probabilistic Modelling
6 3 (25.00%) Bayesian Methods
6 3 (25.00%) Data Collection
6 3 (25.00%) Marketing Mix
6 3 (25.00%) Model Validation
Programming Languages
1 12 (100.00%) Python
1 12 (100.00%) SQL
2 8 (66.67%) C++
2 8 (66.67%) Java
2 8 (66.67%) Rust
3 3 (25.00%) R
Qualifications
1 11 (91.67%) Degree
2 3 (25.00%) PhD
3 1 (8.33%) Postgraduate
Vendors
1 1 (8.33%) Adobe