Period
to 28 November 2021

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 28 November 2021.

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
28 Nov 2021
Same period 2020 Same period 2019
Rank 24 30 41
Rank change year-on-year +6 +11 +10
Contract jobs requiring a Business Analyst 268 123 289
As % of all contract jobs advertised in the City of London 6.78% 6.36% 5.02%
As % of the Job Titles category 7.32% 6.89% 5.37%
Number of daily rates quoted 232 98 228
10th Percentile £450 £412 £371
25th Percentile £478 £463 £447
Median daily rate (50th Percentile) £525 £475 £500
Median % change year-on-year +10.53% -5.00% +5.26%
75th Percentile £600 £550 £565
90th Percentile £650 £600 £638
Central London median daily rate £525 £475 £500
% change year-on-year +10.53% -5.00% +5.26%
Number of hourly rates quoted 0 1 0
Median hourly rate - £27.00 -
Central London median hourly rate - £27.00 -

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 3,660 1,784 5,381
% of contract IT jobs with a recognized job title 92.61% 92.24% 93.47%
Number of daily rates quoted 2,817 1,354 4,264
10th Percentile £358 £313 £313
25th Percentile £463 £413 £413
Median daily rate (50th Percentile) £550 £525 £513
Median % change year-on-year +4.76% +2.44% +2.50%
75th Percentile £650 £612 £600
90th Percentile £750 £688 £675
Central London median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -
Number of hourly rates quoted 39 23 60
10th Percentile £13.88 £17.30 £12.03
25th Percentile £19.13 £21.00 £14.00
Median hourly rate £33.00 £35.50 £19.75
Median % change year-on-year -7.04% +79.75% +5.61%
75th Percentile £46.75 £43.00 £23.56
90th Percentile £63.75 £47.40 £49.50
Central London median hourly rate £35.00 £32.70 £20.50
% change year-on-year +7.05% +59.49% +9.63%

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 28 November 2021.

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 28 November 2021, 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.

1 136 (50.75%) Agile Software Development
2 112 (41.79%) Finance
3 87 (32.46%) Social Skills
4 78 (29.10%) SQL
5 77 (28.73%) User Stories
6 63 (23.51%) Stakeholder Management
7 61 (22.76%) Business Analysis
8 60 (22.39%) Software Engineering
9 55 (20.52%) Software Testing
10 50 (18.66%) Insurtech
11 48 (17.91%) Backlog Management
11 48 (17.91%) Backlog Prioritisation
12 45 (16.79%) Release Management
12 45 (16.79%) Business Intelligence
13 40 (14.93%) Banking
14 39 (14.55%) Power Platform
14 39 (14.55%) Power BI
15 37 (13.81%) QlikView
15 37 (13.81%) Visualisation
15 37 (13.81%) Data Visualisation
15 37 (13.81%) Qlik Sense
16 35 (13.06%) Requirements Gathering
17 27 (10.07%) Problem-Solving
18 25 (9.33%) Analytical Skills
19 24 (8.96%) Microsoft
20 22 (8.21%) JIRA
20 22 (8.21%) Acceptance Criteria
21 19 (7.09%) Data Management
21 19 (7.09%) Migration
21 19 (7.09%) Workshop Facilitation

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 14 (5.22%) Confluence
2 5 (1.87%) SharePoint
3 1 (0.37%) CMS
3 1 (0.37%) IBM HTTP Server
3 1 (0.37%) Oracle Workflow
3 1 (0.37%) SAS
Applications
1 15 (5.60%) Microsoft Excel
2 14 (5.22%) MS Visio
3 10 (3.73%) Microsoft Office
4 6 (2.24%) Microsoft PowerPoint
5 3 (1.12%) Spreadsheet
6 1 (0.37%) Microsoft Project
Business Applications
1 2 (0.75%) SAP HR
1 2 (0.75%) SAP S/4HANA
2 1 (0.37%) Bloomberg TOMS
2 1 (0.37%) IBM Planning Analytics
2 1 (0.37%) Loan IQ
2 1 (0.37%) Maximo
2 1 (0.37%) Oracle FAH
2 1 (0.37%) Oracle General Ledger
2 1 (0.37%) Oracle Subledger Accounting
2 1 (0.37%) SAP Hybris
2 1 (0.37%) SunGard Martini
Cloud Services
1 39 (14.55%) Power Platform
2 13 (4.85%) Collibra
3 8 (2.99%) Azure
4 6 (2.24%) AWS
5 4 (1.49%) Salesforce Sales Cloud
6 2 (0.75%) Microsoft 365
7 1 (0.37%) Azure Data Factory
7 1 (0.37%) Dynamics 365
7 1 (0.37%) Force.com
7 1 (0.37%) GCP
7 1 (0.37%) GitHub
7 1 (0.37%) Google Analytics
7 1 (0.37%) IBM Blueworks
7 1 (0.37%) Miro
7 1 (0.37%) PowerApps
7 1 (0.37%) SaaS
7 1 (0.37%) Salesforce Service Cloud
7 1 (0.37%) Veeva
Communications & Networking
1 2 (0.75%) DHCP
1 2 (0.75%) DNS
1 2 (0.75%) Firewall
1 2 (0.75%) Intrusion Detection
1 2 (0.75%) LAN
2 1 (0.37%) BGP
2 1 (0.37%) Internet
2 1 (0.37%) Intranet
2 1 (0.37%) Multicast
2 1 (0.37%) WAN
Database & Business Intelligence
1 39 (14.55%) Power BI
2 37 (13.81%) Qlik Sense
2 37 (13.81%) QlikView
3 10 (3.73%) Data Warehouse
4 4 (1.49%) MySQL
5 3 (1.12%) Metadata
6 2 (0.75%) Data Mining
6 2 (0.75%) SAP BW
6 2 (0.75%) Tableau
7 1 (0.37%) Big Data
7 1 (0.37%) Data Lake
7 1 (0.37%) Semantic Layer
7 1 (0.37%) SQL Server Integration Services
Development Applications
1 22 (8.21%) JIRA
2 1 (0.37%) Cypress.io
2 1 (0.37%) Eclipse
2 1 (0.37%) ERwin
2 1 (0.37%) Storybook
2 1 (0.37%) TeamCity
2 1 (0.37%) webpack
General
1 112 (41.79%) Finance
2 87 (32.46%) Social Skills
3 40 (14.93%) Banking
4 25 (9.33%) Analytical Skills
5 13 (4.85%) Investment Banking
6 12 (4.48%) Front Office
7 11 (4.10%) Marketing
7 11 (4.10%) Organisational Skills
8 8 (2.99%) Legal
8 8 (2.99%) Retail
9 7 (2.61%) Influencing Skills
9 7 (2.61%) Public Sector
10 6 (2.24%) Financial Institution
11 5 (1.87%) International Banking
11 5 (1.87%) Law
11 5 (1.87%) Presentation Skills
12 3 (1.12%) Back Office
12 3 (1.12%) Documentation Skills
12 3 (1.12%) General Ledger
12 3 (1.12%) Telecoms
Libraries, Frameworks & Software Standards
1 4 (1.49%) XML
2 3 (1.12%) FIX Protocol
3 2 (0.75%) FpML
4 1 (0.37%) .NET
4 1 (0.37%) ADO
4 1 (0.37%) CSS
4 1 (0.37%) HTML
4 1 (0.37%) Jest
4 1 (0.37%) Kafka
4 1 (0.37%) Middleware
4 1 (0.37%) MobX
4 1 (0.37%) Node.js
4 1 (0.37%) React
4 1 (0.37%) RSS
4 1 (0.37%) XML Messaging
Miscellaneous
1 12 (4.48%) Fixed Income
1 12 (4.48%) Foreign Exchange (FX)
2 7 (2.61%) Equities
3 5 (1.87%) Derivative
4 4 (1.49%) Data Centre
4 4 (1.49%) Management Information System
4 4 (1.49%) Reference Data
4 4 (1.49%) Self-Motivation
4 4 (1.49%) Tandem
5 3 (1.12%) Credit Risk
5 3 (1.12%) Equity Derivative
5 3 (1.12%) Greenfield Project
5 3 (1.12%) Market Risk
5 3 (1.12%) Marketing Technology
5 3 (1.12%) User Experience
6 2 (0.75%) Public Cloud
6 2 (0.75%) SWIFT
7 1 (0.37%) Distributed Denial-of-Service
7 1 (0.37%) Enterprise Cloud
7 1 (0.37%) Private Cloud
Operating Systems
1 2 (0.75%) Unix
1 2 (0.75%) Windows
Processes & Methodologies
1 136 (50.75%) Agile Software Development
2 77 (28.73%) User Stories
3 63 (23.51%) Stakeholder Management
4 61 (22.76%) Business Analysis
5 60 (22.39%) Software Engineering
6 55 (20.52%) Software Testing
7 50 (18.66%) Insurtech
8 48 (17.91%) Backlog Management
8 48 (17.91%) Backlog Prioritisation
9 45 (16.79%) Business Intelligence
9 45 (16.79%) Release Management
10 37 (13.81%) Data Visualisation
10 37 (13.81%) Visualisation
11 35 (13.06%) Requirements Gathering
12 27 (10.07%) Problem-Solving
13 22 (8.21%) Acceptance Criteria
14 19 (7.09%) Data Management
14 19 (7.09%) Migration
14 19 (7.09%) Workshop Facilitation
15 17 (6.34%) Data Analysis
Programming Languages
1 78 (29.10%) SQL
2 7 (2.61%) VBA
3 5 (1.87%) Python
4 4 (1.49%) Java
5 2 (0.75%) C#
5 2 (0.75%) JavaScript
5 2 (0.75%) TypeScript
6 1 (0.37%) Apex Code
6 1 (0.37%) C
6 1 (0.37%) C++
6 1 (0.37%) T-SQL
Qualifications
1 15 (5.60%) Degree
2 9 (3.36%) Security Cleared
3 7 (2.61%) SC Cleared
4 3 (1.12%) ISEB
5 2 (0.75%) IIBA
6 1 (0.37%) ACCA
6 1 (0.37%) CBAP
6 1 (0.37%) CIMA
6 1 (0.37%) Computer Science Degree
6 1 (0.37%) DV Cleared
6 1 (0.37%) PMI Certification
Quality Assurance & Compliance
1 12 (4.48%) EMIR
1 12 (4.48%) MiFID
2 9 (3.36%) QA
3 5 (1.87%) Data Quality
4 4 (1.49%) IFRS
5 3 (1.12%) Dodd-Frank
5 3 (1.12%) GDPR
5 3 (1.12%) PMO
6 2 (0.75%) FRS 29
6 2 (0.75%) GAAP
6 2 (0.75%) IFRS 9
6 2 (0.75%) SLA
7 1 (0.37%) AIFMD
7 1 (0.37%) FATCA
7 1 (0.37%) GRC
7 1 (0.37%) ISO/IEC 27001
7 1 (0.37%) NIST
7 1 (0.37%) UCITS
Systems Management
1 1 (0.37%) Microsoft Intune
Vendors
1 24 (8.96%) Microsoft
2 9 (3.36%) Salesforce.com
3 7 (2.61%) SAP
4 4 (1.49%) Murex
5 3 (1.12%) Bloomberg
5 3 (1.12%) Oracle
6 2 (0.75%) Cisco
6 2 (0.75%) IBM
6 2 (0.75%) Informatica
6 2 (0.75%) Juniper
6 2 (0.75%) Sun
6 2 (0.75%) Zuora
7 1 (0.37%) Cognos
7 1 (0.37%) CyberArk
7 1 (0.37%) Dell
7 1 (0.37%) Intapp
7 1 (0.37%) NetApp
7 1 (0.37%) ServiceNow
7 1 (0.37%) SunGard
7 1 (0.37%) Workday