Period
to 8 April 2020

The median contractor rate for a Business Analyst was £500 per day in advertised job vacancies in the City of London during the 6 months to 8 April 2020.

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
8 Apr 2020
Same period 2019 Same period 2018
Rank 35 52 29
Rank change year-on-year +17 -23 -13
Contract jobs requiring a Business Analyst 219 304 457
As % of all contract jobs advertised in the City of London 5.30% 4.45% 6.43%
As % of the Job Titles category 5.69% 4.72% 6.80%
Number of daily rates quoted 177 228 339
Median daily rate £500 £488 £500
Median daily rate % change year-on-year +2.56% -2.50% -
10th Percentile £400 £380 £375
90th Percentile £625 £625 £688
Central London median daily rate £500 £475 £475
% change year-on-year +5.26% - -5.00%
Number of hourly rates quoted 0 0 2
Median hourly rate - - £55.59
Central London median hourly rate £35.00 - £38.50

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 3,850 6,443 6,716
% of contract IT jobs with a recognized job title 93.18% 94.33% 94.51%
Number of daily rates quoted 2,860 4,978 5,324
Median daily rate £500 £513 £500
Median daily rate % change year-on-year -2.44% +2.50% +5.26%
10th Percentile £293 £313 £313
90th Percentile £675 £675 £688
Central London median daily rate £500 £513 £500
% change year-on-year -2.44% +2.50% +5.26%
Number of hourly rates quoted 72 63 104
Median hourly rate £25.50 £19.00 £18.70
Median hourly rate % change year-on-year +34.21% +1.60% +4.56%
10th Percentile £12.50 £12.35 £11.25
90th Percentile £52.15 £41.10 £38.13
Median hourly rate £27.75 £20.00 £18.70
% change year-on-year +38.75% +6.95% +8.85%

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 8 April 2020.

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
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 8 April 2020. 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 - 3 £450 -
Business Analyst
Central London

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

For the 6 months to 8 April 2020, 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 76 (34.70%) Finance
2 72 (32.88%) Agile Software Development
3 63 (28.77%) Business Analysis
4 38 (17.35%) Banking
5 32 (14.61%) Stakeholder Management
6 31 (14.16%) User Stories
7 29 (13.24%) Problem-Solving
8 28 (12.79%) SQL
9 27 (12.33%) Analytical Skills
10 22 (10.05%) User Acceptance Testing
11 19 (8.68%) Project Management
12 18 (8.22%) Microsoft
13 17 (7.76%) Use Case
14 16 (7.31%) Data Analysis
14 16 (7.31%) JIRA
14 16 (7.31%) Business Intelligence
14 16 (7.31%) Migration
15 15 (6.85%) Decision-Making
16 13 (5.94%) Analytics
16 13 (5.94%) Validation
16 13 (5.94%) Security Cleared
17 12 (5.48%) SC Cleared
17 12 (5.48%) QA
17 12 (5.48%) Front Office
17 12 (5.48%) Scrum
17 12 (5.48%) Data Modelling
17 12 (5.48%) CRM
18 11 (5.02%) Workflow
18 11 (5.02%) Retail
18 11 (5.02%) SDLC

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 4 (1.83%) SharePoint
2 3 (1.37%) Confluence
2 3 (1.37%) SAS
3 1 (0.46%) CMS
3 1 (0.46%) WebSphere
Applications
1 10 (4.57%) Microsoft Excel
2 8 (3.65%) MS Visio
3 6 (2.74%) Microsoft PowerPoint
4 4 (1.83%) Microsoft Office
5 3 (1.37%) Microsoft Project
Business Applications
1 9 (4.11%) Misys Midas
2 5 (2.28%) Dynamics CRM
3 2 (0.91%) Infor SunSystems
3 2 (0.91%) NetSuite
3 2 (0.91%) Oracle ERP
3 2 (0.91%) Oracle Financials
3 2 (0.91%) SAP ERP
3 2 (0.91%) SAP S/4HANA
4 1 (0.46%) Dynamics NAV
4 1 (0.46%) Endur
4 1 (0.46%) Magento
4 1 (0.46%) Markit EDM
4 1 (0.46%) Oracle Procure-to-Pay
4 1 (0.46%) Salesforce.com CRM
4 1 (0.46%) Unit4 Business World
Cloud Services
1 8 (3.65%) Azure
2 6 (2.74%) AWS
3 5 (2.28%) Dynamics 365
4 4 (1.83%) Office 365
5 2 (0.91%) GCP
5 2 (0.91%) GitHub
5 2 (0.91%) Power Platform
5 2 (0.91%) Salesforce Sales Cloud
5 2 (0.91%) Salesforce Service Cloud
6 1 (0.46%) AWS Lambda
6 1 (0.46%) Google Analytics
6 1 (0.46%) Mimecast
6 1 (0.46%) Serverless
Communications & Networking
1 1 (0.46%) Firewall
1 1 (0.46%) Internet
1 1 (0.46%) NAS
1 1 (0.46%) Network Security
1 1 (0.46%) PuTTY
1 1 (0.46%) Unified Communications
1 1 (0.46%) WAN
1 1 (0.46%) Wi-Fi
Database & Business Intelligence
1 10 (4.57%) Data Warehouse
2 8 (3.65%) Big Data
3 5 (2.28%) SQL Server
4 4 (1.83%) Data Lake
5 2 (0.91%) Azure SQL Data Warehouse
5 2 (0.91%) MS Access
5 2 (0.91%) Oracle Database
5 2 (0.91%) Power BI
6 1 (0.46%) Apache Hive
6 1 (0.46%) Azure SQL Database
6 1 (0.46%) Data Mining
6 1 (0.46%) Hadoop
6 1 (0.46%) MySQL
6 1 (0.46%) Oracle Reports
6 1 (0.46%) PostgreSQL
6 1 (0.46%) SQL Server Integration Services
6 1 (0.46%) SQL Server Reporting Services
Development Applications
1 16 (7.31%) JIRA
2 6 (2.74%) TeamCity
3 4 (1.83%) Eclipse
3 4 (1.83%) Octopus Deploy
3 4 (1.83%) Subversion
3 4 (1.83%) Team Foundation Server
4 2 (0.91%) Git (software)
4 2 (0.91%) Postman
4 2 (0.91%) Sonatype Nexus
4 2 (0.91%) Visual Studio Team System
5 1 (0.46%) Jenkins
5 1 (0.46%) Rational DOORS
General
1 76 (34.70%) Finance
2 38 (17.35%) Banking
3 12 (5.48%) Front Office
4 11 (5.02%) Retail
5 9 (4.11%) Investment Banking
6 8 (3.65%) Legal
6 8 (3.65%) Public Sector
7 5 (2.28%) Back Office
8 4 (1.83%) Financial Institution
8 4 (1.83%) General Ledger
8 4 (1.83%) Marketing
8 4 (1.83%) Telecoms
9 3 (1.37%) Games
10 2 (0.91%) French Language
10 2 (0.91%) Local Government
10 2 (0.91%) Manufacturing
10 2 (0.91%) Pharmaceutical
10 2 (0.91%) Private Banking
10 2 (0.91%) Publishing
10 2 (0.91%) Retail Banking
Libraries, Frameworks & Software Standards
1 6 (2.74%) XML
2 5 (2.28%) .NET
3 4 (1.83%) WCF
3 4 (1.83%) WPF
4 3 (1.37%) JSON
4 3 (1.37%) Web Services
5 2 (0.91%) LDAP
5 2 (0.91%) Oracle Fusion
5 2 (0.91%) REST
5 2 (0.91%) SailPoint
5 2 (0.91%) Swagger
6 1 (0.46%) CSS
6 1 (0.46%) Ruby on Rails
6 1 (0.46%) Spring
Miscellaneous
1 27 (12.33%) Analytical Skills
2 10 (4.57%) Management Information System
3 9 (4.11%) Derivative
4 8 (3.65%) Foreign Exchange (FX)
5 6 (2.74%) Fixed Income
6 5 (2.28%) Equities
6 5 (2.28%) Market Risk
7 4 (1.83%) User Experience
8 3 (1.37%) Credit Risk
8 3 (1.37%) Data Structures
8 3 (1.37%) Reinsurance
8 3 (1.37%) Self-Motivation
9 2 (0.91%) OTC Derivatives
9 2 (0.91%) SWIFT
10 1 (0.46%) Greenfield Project
10 1 (0.46%) Interest Rate Derivative
10 1 (0.46%) Mobile Banking
10 1 (0.46%) Reference Data
10 1 (0.46%) Replication
10 1 (0.46%) Virtual Team
Operating Systems
1 5 (2.28%) Windows
2 3 (1.37%) Windows Server
3 2 (0.91%) Windows 10
3 2 (0.91%) Windows 7
4 1 (0.46%) Android
4 1 (0.46%) Apple iOS
4 1 (0.46%) Unix
Processes & Methodologies
1 72 (32.88%) Agile Software Development
2 63 (28.77%) Business Analysis
3 32 (14.61%) Stakeholder Management
4 31 (14.16%) User Stories
5 29 (13.24%) Problem-Solving
6 22 (10.05%) User Acceptance Testing
7 19 (8.68%) Project Management
8 17 (7.76%) Use Case
9 16 (7.31%) Business Intelligence
9 16 (7.31%) Data Analysis
9 16 (7.31%) Migration
10 15 (6.85%) Decision-Making
11 13 (5.94%) Analytics
11 13 (5.94%) Validation
12 12 (5.48%) CRM
12 12 (5.48%) Data Modelling
12 12 (5.48%) Scrum
13 11 (5.02%) SDLC
13 11 (5.02%) Workflow
14 10 (4.57%) Acceptance Criteria
Programming Languages
1 28 (12.79%) SQL
2 6 (2.74%) C#
3 5 (2.28%) Python
4 4 (1.83%) R
5 3 (1.37%) Java
6 2 (0.91%) Shell Script
7 1 (0.46%) C
7 1 (0.46%) C++
7 1 (0.46%) JavaScript
7 1 (0.46%) PL/SQL
7 1 (0.46%) Ruby
7 1 (0.46%) Scala
Qualifications
1 13 (5.94%) Security Cleared
2 12 (5.48%) SC Cleared
3 9 (4.11%) Degree
3 9 (4.11%) ISEB
4 5 (2.28%) CBAP
5 3 (1.37%) IIBA
6 2 (0.91%) PRINCE2 Certification
7 1 (0.46%) DV Cleared
7 1 (0.46%) Master's Degree
7 1 (0.46%) Postgraduate
Quality Assurance & Compliance
1 12 (5.48%) QA
2 6 (2.74%) PMO
3 4 (1.83%) EMIR
4 3 (1.37%) MiFID
5 2 (0.91%) Data Quality
5 2 (0.91%) GDPR
5 2 (0.91%) IFRS
6 1 (0.46%) COREP
6 1 (0.46%) FINREP
6 1 (0.46%) SEPA
System Software
1 3 (1.37%) Active Directory
2 2 (0.91%) Docker
2 2 (0.91%) Microsoft App-V
3 1 (0.46%) DFS Replication
Systems Management
1 2 (0.91%) Kubernetes
Vendors
1 18 (8.22%) Microsoft
2 8 (3.65%) Oracle
3 7 (3.20%) Murex
3 7 (3.20%) Salesforce.com
4 6 (2.74%) SAP
5 2 (0.91%) CA
5 2 (0.91%) CyberArk
5 2 (0.91%) Databricks
5 2 (0.91%) Sun
5 2 (0.91%) Thycotic
6 1 (0.46%) Adyen
6 1 (0.46%) CA Agile Central
6 1 (0.46%) Charles River
6 1 (0.46%) Google
6 1 (0.46%) Kofax
6 1 (0.46%) PayPal
6 1 (0.46%) Sybase
6 1 (0.46%) Tableau
6 1 (0.46%) Teradata
6 1 (0.46%) Varonis