The median contractor rate for a Business Analyst was £450 per day in advertised job vacancies in Canary Wharf during the 3 months to 27 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Business Analyst
London / Canary Wharf
Rank 18 12 8
Rank change year-on-year -6 -4  
Contract jobs requiring a Business Analyst 8 11 18
As % of all contract IT jobs advertised in Canary Wharf 6.06% 9.09% 15.38%
As % of the Job Titles category 6.56% 10.09% 16.51%
Number of daily rates quoted 4 9 11
Median daily rate £450 £425 £425
Median daily rate % change year-on-year +5.88% -  
UK excluding London median daily rate £400 £388 £400
% change year-on-year +3.22% -3.12%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £45.00 £46.20 £41.00
% change year-on-year -2.58% +12.67%  

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in Canary Wharf. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
Canary Wharf
Contract job vacancies with a job title containing a recognized job role 122 109 109
As % of all contract IT job vacancies advertised in Canary Wharf 92.42% 90.08% 93.16%
Number of daily rates quoted 78 90 67
Median daily rate £550 £480 £500
Median daily rate % change year-on-year +14.58% -4.00%  
90% offered a daily rate of more than £325 £350 £425
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 2 3 0
Median hourly rate £50.00 £29.00 -
Median hourly rate % change year-on-year +72.41% -  
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Business Analyst
Job Vacancy Trend in Canary Wharf

The job posting trend of jobs advertised in Canary Wharf that featured Business Analyst in the job title.

Job vacancy trend for Business Analyst in Canary Wharf

Business Analyst
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Business Analyst in Canary Wharf.

Contractor daily rate trend for Business Analyst in Canary Wharf

Business Analyst
Contractor Daily Rate Histogram in Canary Wharf

The daily rate distribution of IT jobs citing Business Analyst in Canary Wharf over the 3 months to 27 March 2017.

Contractor daily rate histogram for Business Analyst in Canary Wharf

Business Analyst
Contractor Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Business Analyst in Canary Wharf.

Contractor hourly rate trend for Business Analyst in Canary Wharf

Business Analyst Skill Set
Top 30 Related IT Skills in Canary Wharf

For the 6 months to 27 March 2017, Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region featuring Business Analyst in the job title.

1 13 (65.00%) Finance
2 12 (60.00%) Banking
3 8 (40.00%) Investment Banking
4 7 (35.00%) SQL
5 5 (25.00%) Degree
6 4 (20.00%) MiFID
6 4 (20.00%) Derivative
6 4 (20.00%) Data Modelling
6 4 (20.00%) Sybase
6 4 (20.00%) DB2
6 4 (20.00%) Project Management
6 4 (20.00%) Front Office
6 4 (20.00%) Logical Data Model
7 3 (15.00%) Agile Software Development
7 3 (15.00%) Business Analysis
7 3 (15.00%) Portfolio Management
8 2 (10.00%) Change Control
8 2 (10.00%) Use Case
8 2 (10.00%) MS PowerPoint
8 2 (10.00%) Fixed Income
8 2 (10.00%) Risk Management
8 2 (10.00%) Salesforce.com
8 2 (10.00%) GAP Analysis
8 2 (10.00%) Regulatory Compliance
8 2 (10.00%) FATCA
8 2 (10.00%) EMIR
8 2 (10.00%) KYC
9 1 (5.00%) OTC Derivatives
9 1 (5.00%) Wireframes
9 1 (5.00%) Prototyping

Business Analyst Skill Set
Top Related IT Skills in Canary Wharf 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 1 (5.00%) SharePoint
Applications
1 2 (10.00%) MS PowerPoint
2 1 (5.00%) MS Project
2 1 (5.00%) MS Visio
Business Applications
1 1 (5.00%) Salesforce.com CRM
1 1 (5.00%) SAP CRM
1 1 (5.00%) SAP Oil and Gas
Database & Business Intelligence
1 4 (20.00%) DB2
2 1 (5.00%) Relational Database
Development Applications
1 1 (5.00%) JIRA
General
1 13 (65.00%) Finance
2 12 (60.00%) Banking
3 8 (40.00%) Investment Banking
4 4 (20.00%) Front Office
5 1 (5.00%) German Language
5 1 (5.00%) Marketing
5 1 (5.00%) Retail
Miscellaneous
1 4 (20.00%) Derivative
2 2 (10.00%) Fixed Income
3 1 (5.00%) Algorithms
3 1 (5.00%) CMDB
3 1 (5.00%) Credit Risk
3 1 (5.00%) Equities
3 1 (5.00%) Fintech
3 1 (5.00%) Foreign Exchange (FX)
3 1 (5.00%) Market Risk
3 1 (5.00%) OTC Derivatives
3 1 (5.00%) Reference Data
3 1 (5.00%) User Experience
3 1 (5.00%) Virtual Team
Operating Systems
1 1 (5.00%) Unix
1 1 (5.00%) Windows
Processes & Methodologies
1 4 (20.00%) Data Modelling
1 4 (20.00%) Logical Data Model
1 4 (20.00%) Project Management
2 3 (15.00%) Agile Software Development
2 3 (15.00%) Business Analysis
2 3 (15.00%) Portfolio Management
3 2 (10.00%) Change Control
3 2 (10.00%) GAP Analysis
3 2 (10.00%) KYC
3 2 (10.00%) Regulatory Compliance
3 2 (10.00%) Risk Management
3 2 (10.00%) Use Case
4 1 (5.00%) Business Intelligence
4 1 (5.00%) Capacity Management
4 1 (5.00%) CRM
4 1 (5.00%) ITIL
4 1 (5.00%) Problem Management
4 1 (5.00%) Stakeholder Management
4 1 (5.00%) Test Strategy
4 1 (5.00%) User Acceptance Testing
Programming Languages
1 7 (35.00%) SQL
2 1 (5.00%) C#
2 1 (5.00%) Java
Qualifications
1 5 (25.00%) Degree
Quality Assurance & Compliance
1 4 (20.00%) MiFID
2 2 (10.00%) EMIR
2 2 (10.00%) FATCA
3 1 (5.00%) QA
Vendors
1 4 (20.00%) Sybase
2 2 (10.00%) Salesforce.com
3 1 (5.00%) Informatica
3 1 (5.00%) Oracle
3 1 (5.00%) SAP