Period
to

The median contractor rate for a Business Analyst was £525 per day in advertised job vacancies in the City of London during the 6 months to 24 May 2022.

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.

Business Analyst
Central London > City of London
6 months to
24 May 2022
Same period 2021 Same period 2020
Rank 37 23 33
Rank change year-on-year -14 +10 +17
Contract jobs requiring a Business Analyst 232 203 181
As % of all contract jobs advertised in the City of London 5.55% 7.14% 5.71%
As % of the Job Titles category 5.95% 7.59% 6.09%
Number of daily rates quoted 177 116 143
10th Percentile £413 £400 £385
25th Percentile £475 £463 £413
Median daily rate (50th Percentile) £525 £500 £500
Median % change year-on-year +5.00% - -
75th Percentile £621 £570 £556
90th Percentile £715 £666 £606
Central London median daily rate £525 £500 £500
% change year-on-year +5.00% - +5.26%
Number of hourly rates quoted 1 1 1
10th Percentile - - -
25th Percentile £39.25 - £23.50
Median hourly rate £40.50 £27.00 £24.00
Median % change year-on-year +50.00% +12.50% -
75th Percentile £41.75 - £24.50
90th Percentile - - -
Central London median hourly rate £40.50 £27.00 £24.00
% change year-on-year +50.00% +12.50% -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. 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.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 3,897 2,673 2,971
% of contract IT jobs with a recognized job title 93.16% 94.02% 93.72%
Number of daily rates quoted 2,948 1,943 2,230
10th Percentile £363 £325 £300
25th Percentile £465 £425 £413
Median daily rate (50th Percentile) £563 £525 £500
Median % change year-on-year +7.14% +5.00% -3.85%
75th Percentile £682 £631 £600
90th Percentile £775 £706 £675
Central London median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -2.44%
Number of hourly rates quoted 50 32 50
10th Percentile £13.88 £12.04 £12.42
25th Percentile £20.08 £13.81 £14.41
Median hourly rate £35.25 £19.48 £23.37
Median % change year-on-year +80.93% -16.63% +18.32%
75th Percentile £51.31 £28.19 £38.73
90th Percentile £62.50 £37.25 £52.25
Central London median hourly rate £35.50 £18.99 £22.74
% change year-on-year +86.97% -16.48% +13.68%

Business Analyst
Job Vacancy Trend in the City of London

Job postings that featured Business Analyst in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Business Analyst in the City of London

Business Analyst
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Business Analyst in the City of London.

Daily rate trend for Business Analyst in the City of London

Business Analyst
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Business Analyst in the City of London over the 6 months to 24 May 2022.

Daily rate histogram for Business Analyst in the City of London

Business Analyst
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Business Analyst in the City of London.

Hourly rate trend for Business Analyst in the City of London

Business Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 24 May 2022, Business Analyst contract jobs required the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region featuring Business Analyst in the job title.

1 97 (41.81%) Agile
2 82 (35.34%) Social Skills
3 76 (32.76%) Finance
4 60 (25.86%) Business Analysis
5 39 (16.81%) Stakeholder Management
5 39 (16.81%) Banking
6 37 (15.95%) Requirements Gathering
7 36 (15.52%) Problem-Solving
7 36 (15.52%) Analytical Skills
7 36 (15.52%) JIRA
8 32 (13.79%) User Stories
9 30 (12.93%) Scrum
9 30 (12.93%) Workshop Facilitation
10 27 (11.64%) Project Management
10 27 (11.64%) SQL
11 26 (11.21%) Microsoft
12 23 (9.91%) Data Analysis
12 23 (9.91%) Business Case
13 21 (9.05%) User Acceptance Testing
14 19 (8.19%) MS Visio
15 18 (7.76%) Migration
16 17 (7.33%) GAP Analysis
16 17 (7.33%) Microsoft Excel
16 17 (7.33%) Foreign Exchange (FX)
16 17 (7.33%) Confluence
17 16 (6.90%) QA
18 15 (6.47%) Change Management
18 15 (6.47%) Business Intelligence
18 15 (6.47%) Security Cleared
19 14 (6.03%) Front Office

Business Analyst Skill Set
Co-occurring IT Skills in the City of London 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 17 (7.33%) Confluence
2 6 (2.59%) SharePoint
3 2 (0.86%) CMS
Applications
1 19 (8.19%) MS Visio
2 17 (7.33%) Microsoft Excel
3 11 (4.74%) Microsoft Office
4 7 (3.02%) Microsoft PowerPoint
5 1 (0.43%) Microsoft Project
5 1 (0.43%) Spreadsheet
Business Applications
1 5 (2.16%) Dynamics CRM
2 3 (1.29%) Endur
2 3 (1.29%) Sonata
3 2 (0.86%) NetSuite
4 1 (0.43%) Eikon
4 1 (0.43%) SunGard Martini
Cloud Services
1 8 (3.45%) AWS
1 8 (3.45%) Azure
2 6 (2.59%) Power Platform
3 5 (2.16%) Dynamics 365
4 4 (1.72%) Collibra
5 3 (1.29%) Microsoft 365
5 3 (1.29%) SaaS
6 2 (0.86%) Amazon S3
6 2 (0.86%) GCP
6 2 (0.86%) IaaS
6 2 (0.86%) Lucidchart
6 2 (0.86%) Salesforce Sales Cloud
7 1 (0.43%) Figma
7 1 (0.43%) IBM Blueworks
7 1 (0.43%) Miro
7 1 (0.43%) PaaS
7 1 (0.43%) Serverless
7 1 (0.43%) Slack
Communications & Networking
1 2 (0.86%) Firewall
1 2 (0.86%) Internet
2 1 (0.43%) BGP
2 1 (0.43%) DHCP
2 1 (0.43%) DNS
2 1 (0.43%) GSM
2 1 (0.43%) Intrusion Detection
2 1 (0.43%) LAN
2 1 (0.43%) Multicast
2 1 (0.43%) Network Security
2 1 (0.43%) WAN
Database & Business Intelligence
1 7 (3.02%) Data Warehouse
1 7 (3.02%) Relational Database
2 6 (2.59%) Power BI
3 3 (1.29%) Qlik Sense
3 3 (1.29%) QlikView
4 2 (0.86%) SQL Server
5 1 (0.43%) Amazon RDS
5 1 (0.43%) Big Data
5 1 (0.43%) DTS
5 1 (0.43%) Metadata
5 1 (0.43%) Pentaho
5 1 (0.43%) Semantic Layer
5 1 (0.43%) SQL Server Integration Services
5 1 (0.43%) Tableau
Development Applications
1 36 (15.52%) JIRA
2 1 (0.43%) Balsamiq
2 1 (0.43%) Bitbucket
2 1 (0.43%) ERwin
2 1 (0.43%) XMLSpy
General
1 82 (35.34%) Social Skills
2 76 (32.76%) Finance
3 39 (16.81%) Banking
4 36 (15.52%) Analytical Skills
5 14 (6.03%) Front Office
6 11 (4.74%) Back Office
6 11 (4.74%) Public Sector
7 10 (4.31%) Legal
7 10 (4.31%) Organisational Skills
8 9 (3.88%) Marketing
9 8 (3.45%) Investment Banking
9 8 (3.45%) Presentation Skills
10 7 (3.02%) International Banking
11 5 (2.16%) Documentation Skills
11 5 (2.16%) Law
12 4 (1.72%) Publishing
12 4 (1.72%) Retail
13 2 (0.86%) Advertising
13 2 (0.86%) Dutch Language
13 2 (0.86%) Telecoms
Libraries, Frameworks & Software Standards
1 8 (3.45%) XML
2 4 (1.72%) FIX Protocol
3 3 (1.29%) Murex Flex
4 2 (0.86%) ADO
4 2 (0.86%) HTML
5 1 (0.43%) .NET
5 1 (0.43%) Oracle Fusion
5 1 (0.43%) REST
5 1 (0.43%) Spring
5 1 (0.43%) Web Services
5 1 (0.43%) XML Messaging
5 1 (0.43%) XSD
Miscellaneous
1 17 (7.33%) Foreign Exchange (FX)
2 13 (5.60%) Derivative
2 13 (5.60%) Equities
3 8 (3.45%) Reinsurance
4 7 (3.02%) Fixed Income
5 4 (1.72%) Management Information System
5 4 (1.72%) Market Risk
6 3 (1.29%) CMDB
6 3 (1.29%) Greenfield Project
6 3 (1.29%) Mobile App
6 3 (1.29%) OTC Derivatives
6 3 (1.29%) Public Cloud
6 3 (1.29%) Self-Motivation
6 3 (1.29%) User Experience
7 2 (0.86%) Data Centre
7 2 (0.86%) Reference Data
7 2 (0.86%) Virtual Team
8 1 (0.43%) Credit Risk
8 1 (0.43%) Social Media
8 1 (0.43%) Taxonomies
Operating Systems
1 2 (0.86%) Windows
2 1 (0.43%) Linux
2 1 (0.43%) Windows 7
Processes & Methodologies
1 97 (41.81%) Agile
2 60 (25.86%) Business Analysis
3 39 (16.81%) Stakeholder Management
4 37 (15.95%) Requirements Gathering
5 36 (15.52%) Problem-Solving
6 32 (13.79%) User Stories
7 30 (12.93%) Scrum
7 30 (12.93%) Workshop Facilitation
8 27 (11.64%) Project Management
9 23 (9.91%) Business Case
9 23 (9.91%) Data Analysis
10 21 (9.05%) User Acceptance Testing
11 18 (7.76%) Migration
12 17 (7.33%) GAP Analysis
13 15 (6.47%) Business Intelligence
13 15 (6.47%) Change Management
14 13 (5.60%) Asset Management
14 13 (5.60%) Epics
14 13 (5.60%) Waterfall
15 12 (5.17%) Decision-Making
Programming Languages
1 27 (11.64%) SQL
2 13 (5.60%) C
3 4 (1.72%) Python
4 2 (0.86%) Java
4 2 (0.86%) R
5 1 (0.43%) C#
5 1 (0.43%) C++
5 1 (0.43%) VBA
Qualifications
1 15 (6.47%) Security Cleared
2 12 (5.17%) SC Cleared
3 9 (3.88%) Degree
4 3 (1.29%) CBAP
4 3 (1.29%) DV Cleared
5 2 (0.86%) ACCA
5 2 (0.86%) CIMA
5 2 (0.86%) CTC Cleared
5 2 (0.86%) IIBA
5 2 (0.86%) ITIL Certification
6 1 (0.43%) APMG
6 1 (0.43%) ISEB
6 1 (0.43%) PMI Certification
6 1 (0.43%) PMP
Quality Assurance & Compliance
1 16 (6.90%) QA
2 11 (4.74%) MiFID
3 9 (3.88%) EMIR
4 3 (1.29%) Data Quality
4 3 (1.29%) PMO
5 1 (0.43%) COBIT
5 1 (0.43%) COSO
5 1 (0.43%) FATCA
5 1 (0.43%) GDPR
5 1 (0.43%) ISO 20022
5 1 (0.43%) NIST
5 1 (0.43%) SEPA
5 1 (0.43%) SLA
5 1 (0.43%) SOC 2
System Software
1 1 (0.43%) Active Directory
Vendors
1 26 (11.21%) Microsoft
2 9 (3.88%) Salesforce.com
3 8 (3.45%) ServiceNow
4 6 (2.59%) Murex
5 4 (1.72%) Bloomberg
5 4 (1.72%) Oracle
6 3 (1.29%) Fidessa
6 3 (1.29%) FNZ
6 3 (1.29%) Informatica
6 3 (1.29%) OpenLink
6 3 (1.29%) Pega
7 2 (0.86%) Charles River
7 2 (0.86%) SAP
7 2 (0.86%) Workday
8 1 (0.43%) Cisco
8 1 (0.43%) IBM
8 1 (0.43%) Juniper
8 1 (0.43%) SunGard
8 1 (0.43%) Sybase
8 1 (0.43%) VMware