Period
to 24 November 2017

The median contractor rate for a Business Analyst was £513 per day in advertised job vacancies in the City of London during the 6 months to 24 November 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
Central London > City of London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 23 21 16
Rank change year-on-year -2 -5 +4
Contract jobs requiring a Business Analyst 546 530 806
As % of all contract IT jobs advertised in the City of London 7.64% 7.95% 8.87%
As % of the Job Titles category 8.08% 8.33% 9.30%
Number of daily rates quoted 427 430 633
City of London median daily rate £513 £500 £485
Median daily rate % change year-on-year +2.50% +3.09% +7.18%
10th Percentile £367 £373 £338
90th Percentile £688 £650 £638
Central London median daily rate £500 £500 £475
% change year-on-year - +5.26% +5.56%
Number of hourly rates quoted 0 0 1
City of London median hourly rate - - £25.00
Central London median hourly rate £35.00 - £25.00

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 6755 6365 8666
% of contract IT jobs with a recognized job title 94.46% 95.47% 95.35%
Number of daily rates quoted 5342 5051 6805
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £275
90th Percentile £688 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 90 77 128
City of London median hourly rate £18.00 £17.25 £19.25
Median hourly rate % change year-on-year +4.35% -10.39% +10.00%
10th Percentile £11.25 £11.50 £10.35
90th Percentile £30.75 £48.40 £39.13
Central London median hourly rate £18.40 £17.00 £18.00
% change year-on-year +8.22% -5.56% +5.88%

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 24 November 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
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 24 November 2017. 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 - 1 £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 24 November 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.

1 180 (32.97%) Business Analysis
2 175 (32.05%) Finance
3 163 (29.85%) Agile Software Development
4 129 (23.63%) Banking
5 123 (22.53%) Stakeholder Management
6 80 (14.65%) Front Office
7 79 (14.47%) Investment Banking
8 77 (14.10%) Analytical Skills
9 71 (13.00%) SQL
10 64 (11.72%) Asset Management
11 62 (11.36%) User Stories
12 61 (11.17%) Use Case
13 57 (10.44%) User Acceptance Testing
14 54 (9.89%) Fixed Income
15 52 (9.52%) Waterfall
16 51 (9.34%) MiFID
17 49 (8.97%) Derivative
18 44 (8.06%) QA
18 44 (8.06%) SDLC
19 43 (7.88%) Project Management
20 42 (7.69%) Migration
21 41 (7.51%) Data Analysis
22 39 (7.14%) CRM
23 37 (6.78%) GDPR
24 36 (6.59%) Investment Management
25 33 (6.04%) GAP Analysis
26 32 (5.86%) Risk Management
27 31 (5.68%) Retail
27 31 (5.68%) Equities
27 31 (5.68%) Scrum

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 8 (1.47%) CMS
2 7 (1.28%) Confluence
2 7 (1.28%) SharePoint
3 3 (0.55%) Adobe Experience Manager
4 1 (0.18%) BizTalk Server
Applications
1 24 (4.40%) Microsoft Excel
2 19 (3.48%) MS Visio
3 13 (2.38%) Microsoft Office
4 8 (1.47%) Microsoft PowerPoint
5 7 (1.28%) Microsoft Project
6 2 (0.37%) OmniGraffle
6 2 (0.37%) Spreadsheet
Business Applications
1 19 (3.48%) thinkFolio
2 16 (2.93%) Dynamics CRM
3 9 (1.65%) Markit EDM
4 7 (1.28%) Eagle PACE
5 5 (0.92%) Salesforce.com CRM
6 3 (0.55%) Misys Midas
7 2 (0.37%) Bloomberg TOMS
7 2 (0.37%) Oracle Cash Management
7 2 (0.37%) SAP ERP
7 2 (0.37%) SimCorp Dimension
7 2 (0.37%) Summit
8 1 (0.18%) CA PPM
8 1 (0.18%) ION MarketView
8 1 (0.18%) LatentZero
8 1 (0.18%) MoSes
8 1 (0.18%) OpenLink RightAngle
8 1 (0.18%) Oracle General Ledger
8 1 (0.18%) Oracle Receivables
8 1 (0.18%) SAP CRM
8 1 (0.18%) SAP HCM
Cloud Services
1 6 (1.10%) SuccessFactors
2 5 (0.92%) SaaS
3 4 (0.73%) Salesforce Service Cloud
4 3 (0.55%) Force.com
5 2 (0.37%) Trello
6 1 (0.18%) Amazon AWS
6 1 (0.18%) Dynamics 365
6 1 (0.18%) IaaS
Communications & Networking
1 7 (1.28%) SMS
2 2 (0.37%) FTP
2 2 (0.37%) Internet
3 1 (0.18%) DMZ
3 1 (0.18%) Extranet
3 1 (0.18%) Intranet
3 1 (0.18%) LAN
Database & Business Intelligence
1 18 (3.30%) Data Warehouse
2 12 (2.20%) SQL Server
3 8 (1.47%) QlikView
4 7 (1.28%) Big Data
5 6 (1.10%) BusinessObjects
6 5 (0.92%) Hadoop
7 4 (0.73%) RDBMS
7 4 (0.73%) Relational Database
7 4 (0.73%) SQL Server Integration Services
8 3 (0.55%) NoSQL
8 3 (0.55%) Power BI
9 2 (0.37%) IBM InfoSphere
10 1 (0.18%) DB2
10 1 (0.18%) HBase
10 1 (0.18%) MongoDB
10 1 (0.18%) Oracle BI EE
10 1 (0.18%) Oracle Smart View
10 1 (0.18%) SQL Server Analysis Services
10 1 (0.18%) SQL Server Reporting Services
10 1 (0.18%) Star Schema
Development Applications
1 30 (5.49%) JIRA
2 7 (1.28%) Eclipse
3 5 (0.92%) Jenkins
4 4 (0.73%) Cucumber
5 3 (0.55%) Team Foundation Server
6 2 (0.37%) Axure RP
6 2 (0.37%) Balsamiq Mockups
6 2 (0.37%) JBehave
7 1 (0.18%) Git (software)
7 1 (0.18%) ProC
General
1 175 (32.05%) Finance
2 129 (23.63%) Banking
3 80 (14.65%) Front Office
4 79 (14.47%) Investment Banking
5 31 (5.68%) Retail
6 28 (5.13%) Back Office
7 24 (4.40%) Advertising
7 24 (4.40%) Legal
8 20 (3.66%) Marketing
9 19 (3.48%) Law
10 12 (2.20%) Retail Banking
11 6 (1.10%) Publishing
12 3 (0.55%) Billing
12 3 (0.55%) Financial Institution
12 3 (0.55%) General Ledger
12 3 (0.55%) International Banking
13 2 (0.37%) Automotive
13 2 (0.37%) Pharmaceutical
13 2 (0.37%) Portuguese Language
13 2 (0.37%) Spanish Language
Libraries, Frameworks & Software Standards
1 8 (1.47%) XML
2 7 (1.28%) FIX Protocol
3 4 (0.73%) Middleware
4 3 (0.55%) .NET
4 3 (0.55%) COM
4 3 (0.55%) FpML
4 3 (0.55%) Gherkin
5 2 (0.37%) AngularJS
5 2 (0.37%) JSON
5 2 (0.37%) Node.js
5 2 (0.37%) Spring
5 2 (0.37%) Spring Boot
5 2 (0.37%) Web Services
6 1 (0.18%) ASP.NET
6 1 (0.18%) Murex MxML
6 1 (0.18%) Visualforce
6 1 (0.18%) XML Schema
6 1 (0.18%) XSD
6 1 (0.18%) XSLT
Miscellaneous
1 77 (14.10%) Analytical Skills
2 54 (9.89%) Fixed Income
3 49 (8.97%) Derivative
4 31 (5.68%) Equities
5 28 (5.13%) Foreign Exchange (FX)
6 14 (2.56%) SWIFT
7 13 (2.38%) OTC Derivatives
8 12 (2.20%) Mobile App
8 12 (2.20%) User Experience
9 11 (2.01%) Management Information System
9 11 (2.01%) Market Risk
10 8 (1.47%) Greenfield Project
11 7 (1.28%) Fintech
12 6 (1.10%) Reinsurance
12 6 (1.10%) Swaptions
13 5 (0.92%) Equity Derivative
13 5 (0.92%) Interest Rate Derivative
14 4 (0.73%) Computer Science
14 4 (0.73%) Credit Risk
15 3 (0.55%) Social Network
Operating Systems
1 2 (0.37%) Windows
1 2 (0.37%) Windows 7
1 2 (0.37%) Windows 8
2 1 (0.18%) Unix
Processes & Methodologies
1 180 (32.97%) Business Analysis
2 163 (29.85%) Agile Software Development
3 123 (22.53%) Stakeholder Management
4 64 (11.72%) Asset Management
5 62 (11.36%) User Stories
6 61 (11.17%) Use Case
7 57 (10.44%) User Acceptance Testing
8 52 (9.52%) Waterfall
9 44 (8.06%) SDLC
10 43 (7.88%) Project Management
11 42 (7.69%) Migration
12 41 (7.51%) Data Analysis
13 39 (7.14%) CRM
14 36 (6.59%) Investment Management
15 33 (6.04%) GAP Analysis
16 32 (5.86%) Risk Management
17 31 (5.68%) Scrum
18 28 (5.13%) Acceptance Criteria
19 27 (4.95%) UML
19 27 (4.95%) Workflow
Programming Languages
1 71 (13.00%) SQL
2 8 (1.47%) Java
3 6 (1.10%) VBA
4 5 (0.92%) R
5 4 (0.73%) T-SQL
6 3 (0.55%) C#
7 2 (0.37%) C
8 1 (0.18%) Apex Code
8 1 (0.18%) VB
8 1 (0.18%) XPath
Qualifications
1 19 (3.48%) Degree
2 14 (2.56%) ISEB
3 13 (2.38%) Security Cleared
4 8 (1.47%) CBAP
5 7 (1.28%) DV Cleared
6 6 (1.10%) Chartered Engineer
6 6 (1.10%) CITP
7 4 (0.73%) SC Cleared
8 3 (0.55%) IIBA
8 3 (0.55%) Master's Degree
9 2 (0.37%) APMP
9 2 (0.37%) BPSS Clearance
9 2 (0.37%) Computer Science Degree
9 2 (0.37%) PMI Certification
9 2 (0.37%) PMP
9 2 (0.37%) Six Sigma Black Belt
9 2 (0.37%) Six Sigma Green Belt
10 1 (0.18%) CISSP
10 1 (0.18%) ITIL Certification
10 1 (0.18%) PRINCE2 Certification
Quality Assurance & Compliance
1 51 (9.34%) MiFID
2 44 (8.06%) QA
3 37 (6.78%) GDPR
4 22 (4.03%) EMIR
5 8 (1.47%) SEPA
6 7 (1.28%) Dodd-Frank
7 6 (1.10%) Data Quality
7 6 (1.10%) FINREP
7 6 (1.10%) PMO
8 5 (0.92%) COREP
8 5 (0.92%) ISO/IEC 27001
8 5 (0.92%) Solvency II
9 2 (0.37%) AIFMD
10 1 (0.18%) Basel III
10 1 (0.18%) CRD IV
10 1 (0.18%) Disclosure Scotland
10 1 (0.18%) FATCA
10 1 (0.18%) PSD2
10 1 (0.18%) Sarbanes-Oxley
10 1 (0.18%) SLA
System Software
1 3 (0.55%) Docker
2 2 (0.37%) Active Directory
Systems Management
1 2 (0.37%) Thomson Reuters DACS
2 1 (0.18%) CA Single Sign-On
2 1 (0.18%) Systems Management Server (SMS)
Vendors
1 28 (5.13%) Microsoft
2 21 (3.85%) Salesforce.com
3 19 (3.48%) Charles River
4 13 (2.38%) Oracle
5 9 (1.65%) SAP
6 8 (1.47%) Bloomberg
6 8 (1.47%) Workday
7 7 (1.28%) iManage
8 4 (0.73%) Adobe
8 4 (0.73%) ION Trading
8 4 (0.73%) Murex
8 4 (0.73%) Yardi
9 3 (0.55%) Atlassian
9 3 (0.55%) Guidewire
9 3 (0.55%) Salesforce Marketing Cloud
9 3 (0.55%) Siebel
9 3 (0.55%) Tableau
10 2 (0.37%) Calypso
10 2 (0.37%) Fidessa
10 2 (0.37%) MicroStrategy