Business Analyst - Banking (Banking BA)
UK
The median Business Analyst - Banking (Banking BA) daily rate in the UK is £588 according to job vacancies posted during the 6 months to 9 May 2024.
The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.
| 6 months to 9 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 534 | 632 | 694 |
| Rank change year-on-year | +98 | +62 | -67 |
| Contract jobs requiring a Banking Business Analyst | 57 | 73 | 153 |
| As % of all contract jobs advertised in the UK | 0.13% | 0.13% | 0.18% |
| As % of the Job Titles category | 0.14% | 0.13% | 0.18% |
| Number of daily rates quoted | 20 | 42 | 79 |
| 10th Percentile | £354 | £430 | £423 |
| 25th Percentile | £491 | £474 | £463 |
| Median daily rate (50th Percentile) | £588 | £550 | £550 |
| Median % change year-on-year | +6.82% | - | +22.22% |
| 75th Percentile | £691 | £702 | £675 |
| 90th Percentile | £701 | £771 | £700 |
| UK excluding London median daily rate | £400 | £400 | £475 |
| % change year-on-year | - | -15.79% | +19.87% |
All Contract IT Job Vacancies
UK
The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.
| Contract vacancies in the UK with a recognized job title | 39,936 | 54,901 | 83,261 |
| % of contract IT jobs with a recognized job title | 92.75% | 94.65% | 95.44% |
| Number of daily rates quoted | 25,997 | 38,348 | 58,485 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £410 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,673 | 1,536 | 2,031 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.25 | £19.06 | £15.75 |
| Median hourly rate | £36.65 | £45.00 | £23.91 |
| Median % change year-on-year | -18.56% | +88.21% | +6.27% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.90 | £76.13 | £64.25 |
| UK excluding London median hourly rate | £40.00 | £42.43 | £19.67 |
| % change year-on-year | -5.73% | +115.78% | +3.50% |
Banking Business Analyst
Job Vacancy Trend
Job postings that featured Banking Business Analyst in the job title as a proportion of all IT jobs advertised.
Banking Business Analyst
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Banking Business Analyst.
Banking Business Analyst
Daily Rate Histogram
Daily rate distribution for jobs citing Banking Business Analyst over the 6 months to 9 May 2024.
Banking Business Analyst
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Banking Business Analyst.
Banking Business Analyst
Top 11 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Business Analyst within the UK over the 6 months to 9 May 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 |
|---|---|---|---|---|---|
| England | +88 | 42 | £600 | +3.45% | 2 |
| London | +58 | 37 | £650 | +8.33% | 2 |
| Work from Home | +119 | 32 | £525 | +5.00% | 1 |
| UK excluding London | +56 | 6 | £400 | - | |
| North of England | - | 3 | £581 | - | |
| Yorkshire | - | 2 | £563 | - | |
| Midlands | +35 | 1 | £356 | -11.00% | |
| East Midlands | +24 | 1 | £356 | -11.00% | |
| North West | - | 1 | £600 | - | |
| South East | - | 1 | £340 | - | |
| Northern Ireland | - | 1 | £400 | - |
Banking Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 9 May 2024, Banking Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Banking Business Analyst in the job title.
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Banking Business Analyst Skill Set
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: