Period
to 20 September 2018

The median contractor rate for a Business Analyst was £475 per day in advertised job vacancies in the City of London during the 6 months to 20 September 2018.

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
20 Sep 2018
Same period 2017 Same period 2016
Rank 34 20 22
Rank change year-on-year -14 +2 -5
Contract jobs requiring a Business Analyst 393 560 520
As % of all contract IT jobs advertised in the City of London 5.62% 8.25% 7.61%
As % of the Job Titles category 5.92% 8.66% 7.96%
Number of daily rates quoted 311 431 427
City of London median daily rate £475 £500 £500
Median daily rate % change year-on-year -5.00% - +4.44%
10th Percentile £363 £365 £363
90th Percentile £638 £675 £638
Central London median daily rate £475 £500 £490
% change year-on-year -5.00% +2.04% +3.16%
Number of hourly rates quoted 1 0 0
City of London median hourly rate £15.50 - -
Central London median hourly rate £15.50 - -

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 6,635 6,467 6,530
% of contract IT jobs with a recognized job title 94.93% 95.30% 95.57%
Number of daily rates quoted 5,239 5,021 5,239
City of London median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% +5.56%
10th Percentile £313 £313 £305
90th Percentile £675 £675 £650
Central London median daily rate £500 £498 £463
% change year-on-year +0.50% +7.57% +2.78%
Number of hourly rates quoted 128 88 73
City of London median hourly rate £18.70 £18.10 £19.00
Median hourly rate % change year-on-year +3.31% -4.74% +5.56%
10th Percentile £13.00 £12.52 £11.30
90th Percentile £25.50 £30.23 £49.51
Central London median hourly rate £18.70 £18.69 £17.50
% change year-on-year +0.04% +6.81% -2.78%

Business Analyst
Job Vacancy Trend in the City of London

Job postings that featured Business Analyst in the job title as a percentage 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

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

Contractor daily rate trend for Business Analyst in the City of London

Business Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Business Analyst in the City of London over the 6 months to 20 September 2018.

Contractor daily rate histogram for Business Analyst in the City of London

Business Analyst
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for Business Analyst in the City of London

Business Analyst
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Business Analyst within the City of London region over the 6 months to 20 September 2018. 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
Job
Vacancies
London Bridge -32 1 £425 -5.56%
Moorgate - 1 £500 -
Business Analyst
Central London

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

For the 6 months to 20 September 2018, Business Analyst contract jobs required the following IT 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.

1 150 (38.17%) Finance
2 134 (34.10%) Business Analysis
3 128 (32.57%) Agile Software Development
4 98 (24.94%) Stakeholder Management
5 56 (14.25%) Banking
6 52 (13.23%) Analytical Skills
7 43 (10.94%) Asset Management
8 42 (10.69%) Project Management
9 39 (9.92%) Migration
10 38 (9.67%) User Stories
11 35 (8.91%) Problem-Solving
12 34 (8.65%) SQL
13 30 (7.63%) E-Commerce
13 30 (7.63%) Data Analysis
14 29 (7.38%) Scrum
15 28 (7.12%) Front Office
15 28 (7.12%) GAP Analysis
16 26 (6.62%) MS Visio
17 25 (6.36%) Change Management
17 25 (6.36%) Degree
18 24 (6.11%) SDLC
18 24 (6.11%) Target Operating Model
18 24 (6.11%) Waterfall
19 23 (5.85%) Back Office
19 23 (5.85%) SAP
20 22 (5.60%) Oracle
20 22 (5.60%) Legal
21 21 (5.34%) Fixed Income
21 21 (5.34%) JIRA
21 21 (5.34%) User Acceptance Testing

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 10 (2.54%) CMS
1 10 (2.54%) Confluence
2 9 (2.29%) SAS
3 4 (1.02%) SharePoint
4 2 (0.51%) Adobe Experience Manager
4 2 (0.51%) Sitecore CMS
5 1 (0.25%) Alfresco
5 1 (0.25%) Documentum
5 1 (0.25%) Drupal
5 1 (0.25%) FileNet
5 1 (0.25%) OnBase
Applications
1 26 (6.62%) MS Visio
2 16 (4.07%) Microsoft Office
3 13 (3.31%) Microsoft Excel
4 7 (1.78%) Microsoft PowerPoint
5 2 (0.51%) Microsoft Project
6 1 (0.25%) Gliffy
6 1 (0.25%) OmniGraffle
Business Applications
1 12 (3.05%) Actimize
2 5 (1.27%) Dynamics CRM
3 4 (1.02%) Magento
3 4 (1.02%) SAP SRM
3 4 (1.02%) Workday HCM
4 3 (0.76%) Oracle Payables
4 3 (0.76%) Oracle Receivables
4 3 (0.76%) thinkFolio
5 2 (0.51%) Oracle EBS R12
5 2 (0.51%) Orchestrade
5 2 (0.51%) Salesforce.com CRM
6 1 (0.25%) Dynamics AX
6 1 (0.25%) ION MarketView
6 1 (0.25%) Markit EDM
6 1 (0.25%) NetSuite
6 1 (0.25%) Oracle Procure-to-Pay
6 1 (0.25%) Oracle Retail
6 1 (0.25%) Payment Gateway
6 1 (0.25%) SAP ERP
6 1 (0.25%) Shopify
Cloud Services
1 6 (1.53%) Google Analytics
2 5 (1.27%) Office 365
3 3 (0.76%) Amazon AWS
3 3 (0.76%) Dynamics 365
3 3 (0.76%) GitHub
3 3 (0.76%) Google Tag Manager
3 3 (0.76%) Microsoft Azure
4 2 (0.51%) Amazon S3
4 2 (0.51%) Cloud Computing
5 1 (0.25%) FinancialForce
5 1 (0.25%) G Suite
5 1 (0.25%) Google Cloud Platform
5 1 (0.25%) PaaS
5 1 (0.25%) Salesforce Sales Cloud
5 1 (0.25%) Salesforce Service Cloud
5 1 (0.25%) SuccessFactors
Communications & Networking
1 8 (2.04%) SMS
2 1 (0.25%) LAN
2 1 (0.25%) WAN
2 1 (0.25%) WebEx
Database & Business Intelligence
1 18 (4.58%) SQL Server
2 7 (1.78%) Data Warehouse
3 4 (1.02%) Big Data
4 3 (0.76%) MySQL
4 3 (0.76%) Power BI
4 3 (0.76%) Relational Database
5 2 (0.51%) Hadoop
5 2 (0.51%) InfluxDB
5 2 (0.51%) MongoDB
5 2 (0.51%) QlikView
6 1 (0.25%) BigQuery
6 1 (0.25%) Data Lake
6 1 (0.25%) DB2
6 1 (0.25%) SQL Server 2012
6 1 (0.25%) SQL Server Analysis Services
6 1 (0.25%) SQL Server Integration Services
6 1 (0.25%) SQL Server Reporting Services
6 1 (0.25%) Star Schema
Development Applications
1 21 (5.34%) JIRA
2 5 (1.27%) Eclipse
3 3 (0.76%) Jenkins
4 2 (0.51%) Bitbucket
5 1 (0.25%) ERwin
5 1 (0.25%) Git (software)
5 1 (0.25%) Visual Studio Team System
General
1 150 (38.17%) Finance
2 56 (14.25%) Banking
3 28 (7.12%) Front Office
4 23 (5.85%) Back Office
5 22 (5.60%) Legal
6 20 (5.09%) Investment Banking
7 18 (4.58%) Retail
8 17 (4.33%) Law
9 14 (3.56%) Financial Institution
10 6 (1.53%) Advertising
10 6 (1.53%) French Language
10 6 (1.53%) Publishing
11 5 (1.27%) Marketing
12 4 (1.02%) Retail Banking
12 4 (1.02%) Telecoms
13 3 (0.76%) Private Banking
14 2 (0.51%) German Language
14 2 (0.51%) Italian Language
14 2 (0.51%) Spanish Language
14 2 (0.51%) Swedish Language
Libraries, Frameworks & Software Standards
1 12 (3.05%) XML
2 11 (2.80%) Middleware
3 9 (2.29%) HTML
4 7 (1.78%) FIX Protocol
5 3 (0.76%) REST
6 2 (0.51%) .NET
6 2 (0.51%) FpML
6 2 (0.51%) RESTful
6 2 (0.51%) SOAP
7 1 (0.25%) IDoc
7 1 (0.25%) JSON
7 1 (0.25%) Swagger
7 1 (0.25%) Web Services
Miscellaneous
1 52 (13.23%) Analytical Skills
2 21 (5.34%) Fixed Income
3 16 (4.07%) Derivative
3 16 (4.07%) Foreign Exchange (FX)
4 13 (3.31%) Equities
5 9 (2.29%) Management Information System
6 7 (1.78%) Greenfield Project
6 7 (1.78%) Reinsurance
7 6 (1.53%) Fintech
7 6 (1.53%) User Experience
8 4 (1.02%) Computer Science
9 3 (0.76%) Data Structures
9 3 (0.76%) Reference Data
9 3 (0.76%) Robotics
9 3 (0.76%) Tandem
9 3 (0.76%) Virtual Team
10 2 (0.51%) Credit Risk
10 2 (0.51%) Learning Management System
10 2 (0.51%) OTC Derivatives
10 2 (0.51%) Self-Motivation
Operating Systems
1 14 (3.56%) Windows
2 11 (2.80%) Unix
3 5 (1.27%) Windows 10
4 2 (0.51%) Linux
4 2 (0.51%) Windows Server
5 1 (0.25%) Apple iOS
5 1 (0.25%) Windows 7
Processes & Methodologies
1 134 (34.10%) Business Analysis
2 128 (32.57%) Agile Software Development
3 98 (24.94%) Stakeholder Management
4 43 (10.94%) Asset Management
5 42 (10.69%) Project Management
6 39 (9.92%) Migration
7 38 (9.67%) User Stories
8 35 (8.91%) Problem-Solving
9 30 (7.63%) Data Analysis
9 30 (7.63%) E-Commerce
10 29 (7.38%) Scrum
11 28 (7.12%) GAP Analysis
12 25 (6.36%) Change Management
13 24 (6.11%) SDLC
13 24 (6.11%) Target Operating Model
13 24 (6.11%) Waterfall
14 21 (5.34%) User Acceptance Testing
15 18 (4.58%) Analytics
16 17 (4.33%) Workflow
17 16 (4.07%) Business Intelligence
Programming Languages
1 34 (8.65%) SQL
2 13 (3.31%) Java
3 5 (1.27%) Python
4 4 (1.02%) R
5 3 (0.76%) C
6 2 (0.51%) C#
7 1 (0.25%) Bash Shell
7 1 (0.25%) C++
7 1 (0.25%) JavaScript
7 1 (0.25%) Scala
7 1 (0.25%) Shell Script
Qualifications
1 25 (6.36%) Degree
2 12 (3.05%) ISEB
3 4 (1.02%) SC Cleared
3 4 (1.02%) Security Cleared
4 3 (0.76%) IIBA
5 2 (0.51%) CBAP
5 2 (0.51%) ITIL Certification
6 1 (0.25%) ACCA
6 1 (0.25%) BPSS Clearance
6 1 (0.25%) CIMA
6 1 (0.25%) CISM
6 1 (0.25%) CISSP
6 1 (0.25%) ISACA
6 1 (0.25%) ISTQB
6 1 (0.25%) ISTQB Foundation Certification
6 1 (0.25%) PMI Certification
6 1 (0.25%) Postgraduate
6 1 (0.25%) Six Sigma Black Belt
6 1 (0.25%) Six Sigma Green Belt
Quality Assurance & Compliance
1 14 (3.56%) MiFID
2 10 (2.54%) GDPR
2 10 (2.54%) QA
3 4 (1.02%) EMIR
4 3 (0.76%) IFRS
4 3 (0.76%) PMO
4 3 (0.76%) Solvency II
5 2 (0.51%) AIFMD
5 2 (0.51%) SEPA
6 1 (0.25%) Dodd-Frank
6 1 (0.25%) FATCA
6 1 (0.25%) SLA
System Software
1 2 (0.51%) Virtual Desktop
1 2 (0.51%) Virtual Servers
Systems Management
1 3 (0.76%) SCCM
2 2 (0.51%) Prometheus
2 2 (0.51%) Terraform
3 1 (0.25%) EMC NetWorker
3 1 (0.25%) Puppet
3 1 (0.25%) Systems Management Server (SMS)
Vendors
1 23 (5.85%) SAP
2 22 (5.60%) Oracle
3 20 (5.09%) Microsoft
4 11 (2.80%) Charles River
4 11 (2.80%) IBM
5 10 (2.54%) Google
6 9 (2.29%) Salesforce.com
7 6 (1.53%) Tableau
7 6 (1.53%) Workday
8 5 (1.27%) ServiceNow
9 3 (0.76%) Adobe
9 3 (0.76%) Apple
9 3 (0.76%) iManage
9 3 (0.76%) Infor
9 3 (0.76%) Informatica
10 2 (0.51%) Citrix
10 2 (0.51%) hybris
10 2 (0.51%) PeopleSoft
10 2 (0.51%) Sitecore
10 2 (0.51%) Vermilion