The table below looks at the statistics for the Functional Analyst role in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Functional Analyst in their job title over the 3 months to 10 February 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
10 Feb 2016
Same period 2015 Same period 2014
Functional Analyst
Rank 147 182 197
Rank change year-on-year
+35 +15
Contract jobs requiring a Functional Analyst 6 6 9
As % of all contract IT jobs located in the City of London 0.19% 0.12% 0.15%
As % of the Job Titles category 0.20% 0.12% 0.16%
Number of daily rates quoted 2 6 7
Average daily rate £556 £500 £445
Average daily rate % change year-on-year
+11.25% +12.35%
90% offered a daily rate of more than £511 £204 £414
10% offered a daily rate of more than £601 £500 £605
UK excluding London average daily rate £338 £375 £475
% change year-on-year
-10.00% -21.05%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Functional Analyst
London

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the City of London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
City of London
Contract IT job ads with a match in the
Job Titles category
3005 4884 5656
As % of all contract IT jobs located in the City of London 95.52% 95.00% 94.99%
Number of daily rates quoted 2360 3750 4065
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 51 81 91
Average hourly rate £19.99 £18.00 £20.00
Average hourly rate % change year-on-year
+11.06% -10.00%
90% offered a hourly rate of more than £12.00 £12.50 £13.00
10% offered a hourly rate of more than £53.00 £27.37 £30.95
UK excluding London average hourly rate £17.50 £16.50 £16.50
% change year-on-year
+6.06% -

Functional Analyst
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Functional Analyst in the job title across the City of London region as a proportion of the total demand within the Job Titles category.

Functional Analyst Jobs Demand Trend in the City of London

Functional Analyst
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Functional Analyst across the City of London region.

Functional Analyst Daily Rate Trend in the City of London

Functional Analyst
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Functional Analyst across the City of London region.

Functional Analyst Hourly Rate Trend in the City of London

Functional Analyst
Top 30 Related IT Skills in the City of London

For the 6 months to 10 February 2016, IT contractor jobs across the City of London region that cited Functional Analyst in their job title mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Functional Analyst in their job title.

1 9 (64.29%) Finance
2 5 (35.71%) Test Scripting
3 4 (28.57%) Banking
3 4 (28.57%) Investment Banking
3 4 (28.57%) SAP
3 4 (28.57%) Translating Business Requirements
4 3 (21.43%) Oracle Receivables
4 3 (21.43%) Analytical Skills
4 3 (21.43%) SQL
4 3 (21.43%) Oracle
4 3 (21.43%) CRM
4 3 (21.43%) ERP
4 3 (21.43%) SAP HR
4 3 (21.43%) Remedy
4 3 (21.43%) Service Delivery
4 3 (21.43%) Regression Testing
4 3 (21.43%) Front Office
4 3 (21.43%) Back Office
4 3 (21.43%) Oracle General Ledger
4 3 (21.43%) Oracle EBS R12
4 3 (21.43%) Business Analysis
4 3 (21.43%) QA
4 3 (21.43%) SAP HCM
4 3 (21.43%) User Acceptance Testing
5 2 (14.29%) Data Protection Act
5 2 (14.29%) Freedom of Information Act
5 2 (14.29%) Time Management
5 2 (14.29%) Data Protection
5 2 (14.29%) Oracle EBS
5 2 (14.29%) Workflow

Functional Analyst
Top Related IT Skills in the City of London by Category

For the 6 months to 10 February 2016, IT contractor jobs across the City of London region that cited Functional Analyst in their job title mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Functional Analyst in their job title. Up to 20 skills are shown per category.

Application Platforms
1 1 (7.14%) Oracle Workflow
Applications
1 1 (7.14%) MS Excel
Business Applications
1 3 (21.43%) Oracle EBS R12
1 3 (21.43%) Oracle General Ledger
1 3 (21.43%) Oracle Receivables
1 3 (21.43%) SAP HCM
1 3 (21.43%) SAP HR
2 2 (14.29%) Oracle EBS
2 2 (14.29%) Oracle Financials
2 2 (14.29%) Oracle iProcurement
2 2 (14.29%) Oracle Payables
3 1 (7.14%) Dynamics AX
3 1 (7.14%) Dynamics CRM
3 1 (7.14%) Hyperion Planning
3 1 (7.14%) Oracle 11i
3 1 (7.14%) Oracle Assets
3 1 (7.14%) Oracle Cash Management
3 1 (7.14%) Oracle Internet Expenses
3 1 (7.14%) Oracle Procure-to-Pay
3 1 (7.14%) Oracle Subledger Accounting
3 1 (7.14%) SimCorp Dimension
Database & Business Intelligence
1 2 (14.29%) BusinessObjects
1 2 (14.29%) SAP BI
2 1 (7.14%) Oracle BI Publisher
2 1 (7.14%) SQL Server
General
1 9 (64.29%) Finance
2 4 (28.57%) Banking
2 4 (28.57%) Investment Banking
3 3 (21.43%) Back Office
3 3 (21.43%) Front Office
4 2 (14.29%) General Ledger
Libraries, Frameworks & Software Standards
1 1 (7.14%) XML
Miscellaneous
1 3 (21.43%) Analytical Skills
2 2 (14.29%) Data Protection Act
2 2 (14.29%) Freedom of Information
2 2 (14.29%) Freedom of Information Act
2 2 (14.29%) Management Information System
3 1 (7.14%) Equities
3 1 (7.14%) Fixed Income
3 1 (7.14%) Foreign Exchange (FX)
Processes & Methodologies
1 5 (35.71%) Test Scripting
2 4 (28.57%) Translating Business Requirements
3 3 (21.43%) Business Analysis
3 3 (21.43%) CRM
3 3 (21.43%) ERP
3 3 (21.43%) Regression Testing
3 3 (21.43%) Service Delivery
3 3 (21.43%) User Acceptance Testing
4 2 (14.29%) Business Intelligence
4 2 (14.29%) Data Protection
4 2 (14.29%) Procure-to-pay
4 2 (14.29%) Supply Chain Management
4 2 (14.29%) Time Management
4 2 (14.29%) Workflow
5 1 (7.14%) Agile Software Development
5 1 (7.14%) Analytics
5 1 (7.14%) Asset Management
5 1 (7.14%) Cash Management
5 1 (7.14%) Revenue Management
5 1 (7.14%) Stakeholder Management
Programming Languages
1 3 (21.43%) SQL
2 2 (14.29%) PL/SQL
Quality Assurance & Compliance
1 3 (21.43%) QA
2 1 (7.14%) GAAP
Vendors
1 4 (28.57%) SAP
2 3 (21.43%) Oracle
2 3 (21.43%) Remedy
3 1 (7.14%) Hyperion
3 1 (7.14%) Microsoft
3 1 (7.14%) SimCorp
3 1 (7.14%) Sybase