Period
to 22 February 2019

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 22 February 2019.

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
22 Feb 2019
Same period 2018 Same period 2017
Rank 52 25 19
Rank change year-on-year -27 -6 -10
Contract jobs requiring a Business Analyst 304 499 511
As % of all contract IT jobs advertised in the City of London 4.46% 7.02% 8.32%
As % of the Job Titles category 4.71% 7.44% 8.70%
Number of daily rates quoted 225 375 408
City of London median daily rate £475 £500 £503
Median daily rate % change year-on-year -5.00% -0.55% +0.55%
10th Percentile £375 £369 £379
90th Percentile £628 £688 £650
Central London median daily rate £475 £488 £500
% change year-on-year -2.56% -2.50% -
Number of hourly rates quoted 0 2 1
City of London median hourly rate - £55.59 £17.44
Median hourly rate % change year-on-year - +218.72% -65.29%
Central London median hourly rate - £38.50 £17.44
% change year-on-year - +120.76% -65.29%

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 6,451 6,709 5,873
% of contract IT jobs with a recognized job title 94.69% 94.44% 95.60%
Number of daily rates quoted 5,046 5,327 4,654
City of London median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% -
10th Percentile £305 £313 £313
90th Percentile £675 £688 £663
Central London median daily rate £500 £500 £475
% change year-on-year - +5.26% +5.56%
Number of hourly rates quoted 72 98 71
City of London median hourly rate £18.70 £16.75 £18.70
Median hourly rate % change year-on-year +11.64% -10.43% -6.48%
10th Percentile £12.30 £11.25 £12.50
90th Percentile £35.00 £34.45 £55.00
Central London median hourly rate £18.70 £18.10 £17.69
% change year-on-year +3.31% +2.30% -11.49%

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 22 February 2019.

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 22 February 2019. 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
Moorgate - 1 £500 -
London Bridge - 1 £425 -
Business Analyst
Central London

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

For the 6 months to 22 February 2019, 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.

1 125 (41.12%) Finance
2 123 (40.46%) Agile Software Development
3 106 (34.87%) Business Analysis
4 77 (25.33%) Stakeholder Management
5 52 (17.11%) Data Analysis
6 51 (16.78%) Banking
7 42 (13.82%) Asset Management
8 38 (12.50%) User Stories
9 36 (11.84%) SQL
10 29 (9.54%) SDLC
11 28 (9.21%) Project Management
12 26 (8.55%) Change Management
12 26 (8.55%) Analytical Skills
12 26 (8.55%) Problem-Solving
13 25 (8.22%) Microsoft
14 24 (7.89%) CRM
15 23 (7.57%) Waterfall
16 21 (6.91%) JIRA
16 21 (6.91%) Scrum
16 21 (6.91%) Fixed Income
16 21 (6.91%) Front Office
16 21 (6.91%) Microsoft Excel
17 20 (6.58%) Data Management
18 18 (5.92%) Migration
19 17 (5.59%) Requirements Analysis
19 17 (5.59%) Equities
19 17 (5.59%) Data Warehouse
20 16 (5.26%) GAP Analysis
20 16 (5.26%) Retail
20 16 (5.26%) Tandem

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 15 (4.93%) Confluence
2 9 (2.96%) SharePoint
3 6 (1.97%) CMS
4 2 (0.66%) Adobe Experience Manager
4 2 (0.66%) Drupal
4 2 (0.66%) SAS
5 1 (0.33%) Alfresco
5 1 (0.33%) Documentum
5 1 (0.33%) FileNet
5 1 (0.33%) OnBase
5 1 (0.33%) Oracle Workflow
5 1 (0.33%) WebSphere
Applications
1 21 (6.91%) Microsoft Excel
2 12 (3.95%) Microsoft PowerPoint
3 11 (3.62%) MS Visio
4 9 (2.96%) Microsoft Office
5 4 (1.32%) Spreadsheet
6 1 (0.33%) Microsoft Project
Business Applications
1 12 (3.95%) Dynamics CRM
2 5 (1.64%) Oracle Procure-to-Pay
3 4 (1.32%) Dynamics AX
4 3 (0.99%) Oracle Payables
4 3 (0.99%) Oracle Receivables
5 2 (0.66%) Loan IQ
5 2 (0.66%) Oracle Retail
5 2 (0.66%) Payment Gateway
5 2 (0.66%) Salesforce.com CRM
5 2 (0.66%) Summit
6 1 (0.33%) Actimize
6 1 (0.33%) Dynamics NAV
6 1 (0.33%) Elite 3E
6 1 (0.33%) IntelliMatch
6 1 (0.33%) NetSuite
6 1 (0.33%) SAP ERP
6 1 (0.33%) SAP Oil and Gas
6 1 (0.33%) SAP S/4HANA
6 1 (0.33%) SimCorp Dimension
Cloud Services
1 11 (3.62%) Dynamics 365
2 7 (2.30%) Microsoft Azure
3 6 (1.97%) Office 365
4 2 (0.66%) Slack
4 2 (0.66%) SuccessFactors
5 1 (0.33%) Google Analytics
5 1 (0.33%) Taleo
Communications & Networking
1 4 (1.32%) Firewall
2 1 (0.33%) Internet
2 1 (0.33%) Network Security
Database & Business Intelligence
1 17 (5.59%) Data Warehouse
2 6 (1.97%) SQL Server
3 5 (1.64%) Oracle Reports
4 4 (1.32%) GIS
5 2 (0.66%) Power BI
5 2 (0.66%) SQL Server Reporting Services
6 1 (0.33%) Big Data
6 1 (0.33%) BusinessObjects
6 1 (0.33%) BusinessObjects Business Intelligence
6 1 (0.33%) Data Lake
Development Applications
1 21 (6.91%) JIRA
2 2 (0.66%) Jenkins
3 1 (0.33%) Axure RP
3 1 (0.33%) Cucumber
3 1 (0.33%) Eclipse
3 1 (0.33%) Team Foundation Server
3 1 (0.33%) Visual Studio Team System
General
1 125 (41.12%) Finance
2 51 (16.78%) Banking
3 21 (6.91%) Front Office
4 16 (5.26%) Retail
5 13 (4.28%) Back Office
6 12 (3.95%) Investment Banking
7 10 (3.29%) Marketing
8 7 (2.30%) Financial Institution
8 7 (2.30%) Law
9 6 (1.97%) Advertising
9 6 (1.97%) General Ledger
10 5 (1.64%) Legal
11 4 (1.32%) French Language
11 4 (1.32%) Retail Banking
11 4 (1.32%) Telecoms
12 3 (0.99%) Digital Economy
12 3 (0.99%) Publishing
13 2 (0.66%) Pharmaceutical
13 2 (0.66%) Private Banking
14 1 (0.33%) German Language
Libraries, Frameworks & Software Standards
1 5 (1.64%) .NET
1 5 (1.64%) Oracle Fusion
1 5 (1.64%) XML
2 3 (0.99%) JSON
3 2 (0.66%) Middleware
3 2 (0.66%) RESTful
4 1 (0.33%) FpML
4 1 (0.33%) Gherkin
4 1 (0.33%) IDoc
4 1 (0.33%) React
4 1 (0.33%) REST
4 1 (0.33%) SOAP
4 1 (0.33%) Web Services
4 1 (0.33%) WebSphere MQ
Miscellaneous
1 26 (8.55%) Analytical Skills
2 21 (6.91%) Fixed Income
3 17 (5.59%) Equities
4 16 (5.26%) Tandem
5 15 (4.93%) Management Information System
6 12 (3.95%) User Experience
7 11 (3.62%) Derivative
8 6 (1.97%) Foreign Exchange (FX)
9 5 (1.64%) Fintech
9 5 (1.64%) Greenfield Project
9 5 (1.64%) Hedge funds
9 5 (1.64%) SWIFT
10 4 (1.32%) Podcast
10 4 (1.32%) Self-Motivation
11 3 (0.99%) Data Structures
11 3 (0.99%) Reinsurance
11 3 (0.99%) Video Conferencing
11 3 (0.99%) Virtual Team
12 2 (0.66%) Market Risk
12 2 (0.66%) OTC Derivatives
Operating Systems
1 14 (4.61%) Windows
2 9 (2.96%) Windows 10
3 3 (0.99%) Windows Server
4 2 (0.66%) Android
4 2 (0.66%) Apple iOS
4 2 (0.66%) Linux
4 2 (0.66%) Unix
5 1 (0.33%) Windows Server 2003
Processes & Methodologies
1 123 (40.46%) Agile Software Development
2 106 (34.87%) Business Analysis
3 77 (25.33%) Stakeholder Management
4 52 (17.11%) Data Analysis
5 42 (13.82%) Asset Management
6 38 (12.50%) User Stories
7 29 (9.54%) SDLC
8 28 (9.21%) Project Management
9 26 (8.55%) Change Management
9 26 (8.55%) Problem-Solving
10 24 (7.89%) CRM
11 23 (7.57%) Waterfall
12 21 (6.91%) Scrum
13 20 (6.58%) Data Management
14 18 (5.92%) Migration
15 17 (5.59%) Requirements Analysis
16 16 (5.26%) GAP Analysis
17 15 (4.93%) Target Operating Model
18 14 (4.61%) Continuous Improvement
18 14 (4.61%) Procure-to-Pay
Programming Languages
1 36 (11.84%) SQL
2 5 (1.64%) Java
3 4 (1.32%) C#
4 2 (0.66%) C
4 2 (0.66%) JavaScript
5 1 (0.33%) C++
5 1 (0.33%) Python
5 1 (0.33%) T-SQL
5 1 (0.33%) VBA
Qualifications
1 9 (2.96%) Degree
1 9 (2.96%) Security Cleared
2 7 (2.30%) SC Cleared
3 3 (0.99%) ISEB
4 2 (0.66%) DV Cleared
4 2 (0.66%) IIBA
5 1 (0.33%) ACCA
5 1 (0.33%) BPSS Clearance
5 1 (0.33%) CBAP
5 1 (0.33%) CIMA
5 1 (0.33%) CISM
5 1 (0.33%) CISMP
5 1 (0.33%) CISSP
5 1 (0.33%) CTC Cleared
5 1 (0.33%) ITIL Certification
Quality Assurance & Compliance
1 5 (1.64%) Data Quality
1 5 (1.64%) MiFID
2 4 (1.32%) GDPR
3 3 (0.99%) EMIR
4 2 (0.66%) PMO
4 2 (0.66%) QA
4 2 (0.66%) SEPA
4 2 (0.66%) SLA
5 1 (0.33%) IFRS
5 1 (0.33%) PSD2
System Software
1 1 (0.33%) Active Directory
1 1 (0.33%) Docker
Systems Management
1 2 (0.66%) Ansible
1 2 (0.66%) SCCM
2 1 (0.33%) HP ALM
2 1 (0.33%) Single Sign-On
Vendors
1 25 (8.22%) Microsoft
2 15 (4.93%) SAP
3 12 (3.95%) Oracle
4 7 (2.30%) Salesforce.com
5 4 (1.32%) Calypso
5 4 (1.32%) GoldenSource
5 4 (1.32%) Murex
6 3 (0.99%) Adobe
6 3 (0.99%) Charles River
6 3 (0.99%) FactSet
6 3 (0.99%) hybris
6 3 (0.99%) Infor
6 3 (0.99%) Tableau
7 2 (0.66%) Fidessa
7 2 (0.66%) Google
7 2 (0.66%) IBM
7 2 (0.66%) PeopleSoft
7 2 (0.66%) ServiceNow
8 1 (0.33%) Omniture
8 1 (0.33%) SimCorp