Business Analyst Contracts in the City of London

The median contractor rate for a Business Analyst was £500 per day in advertised job vacancies in the City of London during the 3 months to 28 June 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.

Business Analyst London / City of London
Location	3 months to 28 Jun 2017	Same period 2016	Same period 2015
Rank	21	22	16
Rank change year-on-year	+1	-6
Contract jobs requiring a Business Analyst	271	249	519
As % of all contract IT jobs advertised in the City of London	8.31%	7.40%	9.04%
As % of the Job Titles category	8.71%	7.71%	9.54%
Number of daily rates quoted	196	210	403
Median daily rate	£500	£500	£500
90% offered a daily rate of more than	£380	£375	£360
10% offered a daily rate of more than	£650	£600	£623
UK excluding London median daily rate	£400	£400	£385
% change year-on-year	-	+3.89%
Number of hourly rates quoted	0	0	2
Median hourly rate	-	-	£92.50
UK excluding London median hourly rate	£28.00	£39.50	£33.00
% change year-on-year	-29.11%	+19.69%

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. 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 City of London
Contract job vacancies with a job title containing a recognized job role	3113	3230	5440
As % of all contract IT job vacancies advertised in the City of London	95.40%	95.93%	94.76%
Number of daily rates quoted	2382	2617	4191
Median daily rate	£500	£475	£450
Median daily rate % change year-on-year	+5.26%	+5.55%
90% offered a daily rate of more than	£325	£313	£275
10% offered a daily rate of more than	£650	£625	£625
UK excluding London median daily rate	£400	£400	£370
% change year-on-year	-	+8.10%
Number of hourly rates quoted	39	39	96
Median hourly rate	£18.70	£19.00	£19.72
Median hourly rate % change year-on-year	-1.57%	-3.62%
90% offered a hourly rate of more than	£12.93	£14.70	£10.50
10% offered a hourly rate of more than	£30.00	£31.50	£37.05
UK excluding London median hourly rate	£17.50	£17.50	£16.14
% change year-on-year	-	+8.42%

Business Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Business Analyst in the job title.

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 3 months to 28 June 2017.

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

For the 6 months to 28 June 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 City of London region featuring Business Analyst in the job title.

1	179 (34.16%)	Business Analysis
2	172 (32.82%)	Finance
3	140 (26.72%)	Agile Software Development
4	120 (22.90%)	Banking
5	114 (21.76%)	Stakeholder Management
6	99 (18.89%)	MiFID
7	70 (13.36%)	Front Office
8	68 (12.98%)	Asset Management
9	65 (12.40%)	Investment Banking
10	58 (11.07%)	Project Management
11	54 (10.31%)	Use Case
12	49 (9.35%)	SQL
13	48 (9.16%)	Analytical Skills
14	45 (8.59%)	Waterfall
14	45 (8.59%)	User Acceptance Testing

14	45 (8.59%)	Investment Management
15	43 (8.21%)	User Stories
16	42 (8.02%)	JIRA
17	41 (7.82%)	Scrum
17	41 (7.82%)	Data Analysis
17	41 (7.82%)	Derivative
18	39 (7.44%)	QA
18	39 (7.44%)	SDLC
19	36 (6.87%)	Change Management
20	34 (6.49%)	Fixed Income
21	33 (6.30%)	Migration
21	33 (6.30%)	GAP Analysis
22	32 (6.11%)	Microsoft
23	30 (5.73%)	UML
24	26 (4.96%)	PRINCE2

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
Applications
Business Applications
Cloud Services
Communications & Networking
Database & Business Intelligence
Development Applications
General
Libraries, Frameworks & Software Standards
Miscellaneous
Operating Systems
Processes & Methodologies
Programming Languages
Qualifications
Quality Assurance & Compliance
System Software
Systems Management
Vendors

Application Platforms
1	10 (1.91%)	Confluence
2	8 (1.53%)	SharePoint
3	5 (0.95%)	CMS
4	2 (0.38%)	SharePoint 2010
4	2 (0.38%)	SharePoint 2013
5	1 (0.19%)	Adobe Experience Manager
5	1 (0.19%)	Apache
5	1 (0.19%)	Documentum
5	1 (0.19%)	FileNet
5	1 (0.19%)	IBM Notes
5	1 (0.19%)	SAS
5	1 (0.19%)	Skype for Business

Applications
1	22 (4.20%)	MS Visio
2	16 (3.05%)	Microsoft Excel
2	16 (3.05%)	Microsoft Project
3	14 (2.67%)	Microsoft Office
4	6 (1.15%)	Microsoft PowerPoint
5	1 (0.19%)	Spreadsheet

Business Applications
1	13 (2.48%)	Dynamics CRM
2	7 (1.34%)	FLEXCUBE
2	7 (1.34%)	Loan IQ
3	6 (1.15%)	Markit EDM
4	5 (0.95%)	Eagle PACE
4	5 (0.95%)	thinkFolio
5	4 (0.76%)	ION MarketView
6	3 (0.57%)	Bloomberg TOMS
6	3 (0.57%)	Minerva
6	3 (0.57%)	SimCorp Dimension
7	2 (0.38%)	iTrent
7	2 (0.38%)	OpenLink RightAngle
7	2 (0.38%)	Salesforce.com CRM
8	1 (0.19%)	Actimize
8	1 (0.19%)	LatentZero
8	1 (0.19%)	Northgate Housing
8	1 (0.19%)	RMDS
8	1 (0.19%)	SAP R/3
8	1 (0.19%)	Siebel CRM
8	1 (0.19%)	VisionPLUS

Cloud Services
1	3 (0.57%)	IBM Blueworks
1	3 (0.57%)	Office 365
2	1 (0.19%)	G Suite
2	1 (0.19%)	IaaS
2	1 (0.19%)	SaaS
2	1 (0.19%)	Salesforce Sales Cloud
2	1 (0.19%)	SuccessFactors

Communications & Networking
1	3 (0.57%)	Firewall
1	3 (0.57%)	Intranet
2	2 (0.38%)	FIX Connectivity
2	2 (0.38%)	Internet
2	2 (0.38%)	Network Security
3	1 (0.19%)	DMZ
3	1 (0.19%)	LAN
3	1 (0.19%)	SSL
3	1 (0.19%)	TETRA

Database & Business Intelligence
1	14 (2.67%)	SQL Server
2	13 (2.48%)	Data Warehouse
3	9 (1.72%)	Big Data
4	7 (1.34%)	Relational Database
5	5 (0.95%)	Hadoop
5	5 (0.95%)	QlikView
6	4 (0.76%)	RDBMS
6	4 (0.76%)	SQL Server Reporting Services
7	3 (0.57%)	Blockchain
7	3 (0.57%)	Oracle Database
8	2 (0.38%)	BusinessObjects
8	2 (0.38%)	Data Mining
8	2 (0.38%)	MS Access
8	2 (0.38%)	NoSQL
8	2 (0.38%)	SQL Server Analysis Services
9	1 (0.19%)	HBase
9	1 (0.19%)	Oracle Reports
9	1 (0.19%)	SQL Server 2005
9	1 (0.19%)	SQL Server Integration Services
9	1 (0.19%)	SQLPlus

Development Applications
1	42 (8.02%)	JIRA
2	10 (1.91%)	Team Foundation Server
3	5 (0.95%)	Cucumber
3	5 (0.95%)	Jenkins
3	5 (0.95%)	Visual Studio
4	2 (0.38%)	JBehave
5	1 (0.19%)	Subversion
5	1 (0.19%)	Visual Studio Team System

General
1	172 (32.82%)	Finance
2	120 (22.90%)	Banking
3	70 (13.36%)	Front Office
4	65 (12.40%)	Investment Banking
5	24 (4.58%)	Advertising
5	24 (4.58%)	Retail
6	19 (3.63%)	Marketing
7	18 (3.44%)	Legal
8	17 (3.24%)	Law
9	14 (2.67%)	Back Office
10	7 (1.34%)	Financial Institution
10	7 (1.34%)	Wholesale Banking
11	5 (0.95%)	Retail Banking
12	3 (0.57%)	Private Banking
12	3 (0.57%)	Publishing
13	2 (0.38%)	Games
13	2 (0.38%)	Manufacturing
13	2 (0.38%)	Telecoms
14	1 (0.19%)	General Ledger
14	1 (0.19%)	Pharmaceutical

Libraries, Frameworks & Software Standards
1	15 (2.86%)	XML
2	8 (1.53%)	FpML
3	7 (1.34%)	FIX Protocol
3	7 (1.34%)	Gherkin
4	4 (0.76%)	Middleware
5	3 (0.57%)	JSON
5	3 (0.57%)	Murex MxML
5	3 (0.57%)	XSLT
6	2 (0.38%)	.NET
6	2 (0.38%)	AngularJS
6	2 (0.38%)	Node.js
6	2 (0.38%)	Web Services
7	1 (0.19%)	HTML
7	1 (0.19%)	J2EE
7	1 (0.19%)	JSP
7	1 (0.19%)	SAML
7	1 (0.19%)	Servlets
7	1 (0.19%)	SOAP
7	1 (0.19%)	XBRL
7	1 (0.19%)	XML Schema

Miscellaneous
1	48 (9.16%)	Analytical Skills
2	41 (7.82%)	Derivative
3	34 (6.49%)	Fixed Income
4	26 (4.96%)	Foreign Exchange (FX)
5	25 (4.77%)	Equities
6	13 (2.48%)	Management Information System
6	13 (2.48%)	User Experience
7	9 (1.72%)	Market Risk
8	6 (1.15%)	Computer Science
8	6 (1.15%)	Fintech
8	6 (1.15%)	Greenfield Project
8	6 (1.15%)	Reference Data
9	5 (0.95%)	Reinsurance
10	4 (0.76%)	Credit Risk
10	4 (0.76%)	Hedge funds
10	4 (0.76%)	SWIFT
10	4 (0.76%)	Virtual Team
11	3 (0.57%)	Minimum Viable Product
11	3 (0.57%)	Mobile App
11	3 (0.57%)	OTC Derivatives

Operating Systems
1	8 (1.53%)	Windows
2	4 (0.76%)	Linux
3	2 (0.38%)	Windows 10
4	1 (0.19%)	Unix
4	1 (0.19%)	Windows 7

Processes & Methodologies
1	179 (34.16%)	Business Analysis
2	140 (26.72%)	Agile Software Development
3	114 (21.76%)	Stakeholder Management
4	68 (12.98%)	Asset Management
5	58 (11.07%)	Project Management
6	54 (10.31%)	Use Case
7	45 (8.59%)	Investment Management
7	45 (8.59%)	User Acceptance Testing
7	45 (8.59%)	Waterfall
8	43 (8.21%)	User Stories
9	41 (7.82%)	Data Analysis
9	41 (7.82%)	Scrum
10	39 (7.44%)	SDLC
11	36 (6.87%)	Change Management
12	33 (6.30%)	GAP Analysis
12	33 (6.30%)	Migration
13	30 (5.73%)	UML
14	26 (4.96%)	PRINCE2
15	25 (4.77%)	CRM
16	22 (4.20%)	Data Modelling

Programming Languages
1	49 (9.35%)	SQL
2	7 (1.34%)	Java
3	4 (0.76%)	C
3	4 (0.76%)	R
4	3 (0.57%)	T-SQL
5	2 (0.38%)	VBA
6	1 (0.19%)	C#
6	1 (0.19%)	PL/SQL

Qualifications
1	21 (4.01%)	Security Cleared
2	20 (3.82%)	ISEB
3	17 (3.24%)	Degree
4	11 (2.10%)	SC Cleared
5	7 (1.34%)	CBAP
5	7 (1.34%)	Chartered Engineer
5	7 (1.34%)	CITP
5	7 (1.34%)	DV Cleared
6	3 (0.57%)	BPSS Clearance
6	3 (0.57%)	CISA
6	3 (0.57%)	CISSP
7	2 (0.38%)	CISM
7	2 (0.38%)	CTC Cleared
8	1 (0.19%)	Computer Science Degree
8	1 (0.19%)	CSSLP
8	1 (0.19%)	IIBA
8	1 (0.19%)	Master's Degree
8	1 (0.19%)	MCSE
8	1 (0.19%)	Microsoft Certification
8	1 (0.19%)	OCA

Quality Assurance & Compliance
1	99 (18.89%)	MiFID
2	39 (7.44%)	QA
3	18 (3.44%)	EMIR
4	14 (2.67%)	GDPR
5	10 (1.91%)	Dodd-Frank
6	7 (1.34%)	Data Quality
7	6 (1.15%)	SEPA
8	5 (0.95%)	FINREP
9	4 (0.76%)	PCI DSS
10	3 (0.57%)	COREP
11	2 (0.38%)	ISO/IEC 27001
11	2 (0.38%)	SLA
12	1 (0.19%)	Basel III
12	1 (0.19%)	FATCA
12	1 (0.19%)	Sarbanes-Oxley
12	1 (0.19%)	Solvency II

System Software
1	5 (0.95%)	Docker
2	1 (0.19%)	Virtual Desktop

Systems Management
1	2 (0.38%)	Thomson Reuters DACS
2	1 (0.19%)	CA Single Sign-On

Vendors
1	32 (6.11%)	Microsoft
2	15 (2.86%)	Oracle
3	9 (1.72%)	Fidessa
4	8 (1.53%)	Murex
4	8 (1.53%)	Yardi
5	7 (1.34%)	Bloomberg
6	6 (1.15%)	Charles River
6	6 (1.15%)	HP
6	6 (1.15%)	ION Trading
7	5 (0.95%)	CyberArk
7	5 (0.95%)	Guidewire
7	5 (0.95%)	Salesforce.com
7	5 (0.95%)	SAP
8	4 (0.76%)	Cadence
9	3 (0.57%)	Calypso
9	3 (0.57%)	GoldenSource
9	3 (0.57%)	iManage
9	3 (0.57%)	SimCorp
10	2 (0.38%)	Atlassian
10	2 (0.38%)	Tableau