Period
to 21 February 2018

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 21 February 2018.

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
21 Feb 2018
Same period 2017 Same period 2016
Rank 26 20 9
Rank change year-on-year -6 -11 +8
Contract jobs requiring a Business Analyst 501 512 661
As % of all contract IT jobs advertised in the City of London 7.06% 8.30% 9.97%
As % of the Job Titles category 7.49% 8.70% 10.41%
Number of daily rates quoted 378 410 525
City of London median daily rate £500 £508 £500
Median daily rate % change year-on-year -1.48% +1.50% +11.11%
10th Percentile £369 £381 £348
90th Percentile £688 £650 £625
Central London median daily rate £490 £500 £500
% change year-on-year -2.00% - +11.11%
Number of hourly rates quoted 2 1 4
City of London median hourly rate £55.59 £17.44 £50.25
Median hourly rate % change year-on-year +218.72% -65.29% -
10th Percentile £44.43 £17.44 £30.63
90th Percentile £69.03 £17.44 £54.50
Central London median hourly rate £38.50 £17.44 £50.25
% change year-on-year +120.76% -65.29% -6.07%

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 6,693 5,885 6,352
% of contract IT jobs with a recognized job title 94.29% 95.43% 95.76%
Number of daily rates quoted 5,317 4,666 5,019
City of London median daily rate £500 £475 £473
Median daily rate % change year-on-year +5.26% +0.53% +8.00%
10th Percentile £313 £313 £281
90th Percentile £688 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.26%
Number of hourly rates quoted 98 72 96
City of London median hourly rate £16.25 £18.35 £20.00
Median hourly rate % change year-on-year -11.44% -8.24% +14.27%
10th Percentile £11.25 £12.53 £11.50
90th Percentile £34.45 £54.51 £42.00
Central London median hourly rate £18.00 £17.50 £19.99
% change year-on-year +2.86% -12.46% +14.39%

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 21 February 2018.

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
Contractor Hourly Rate Histogram in the City of London

The hourly rate distribution of IT jobs citing Business Analyst in the City of London over the 6 months to 21 February 2018.

Contractor hourly rate histogram 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 21 February 2018, 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.

1 193 (38.52%) Business Analysis
2 150 (29.94%) Finance
3 137 (27.35%) Agile Software Development
4 118 (23.55%) Stakeholder Management
5 89 (17.76%) Banking
6 77 (15.37%) Analytical Skills
7 75 (14.97%) Front Office
8 71 (14.17%) SQL
9 66 (13.17%) Asset Management
10 62 (12.38%) User Acceptance Testing
11 59 (11.78%) Use Case
12 53 (10.58%) Project Management
13 51 (10.18%) Fixed Income
14 46 (9.18%) Microsoft
15 45 (8.98%) GDPR
16 44 (8.78%) MS Visio
16 44 (8.78%) Waterfall
17 43 (8.58%) Migration
18 41 (8.18%) User Stories
19 39 (7.78%) Legal
20 38 (7.58%) Data Analysis
20 38 (7.58%) Investment Banking
21 37 (7.39%) Foreign Exchange (FX)
22 34 (6.79%) GAP Analysis
23 33 (6.59%) Microsoft Excel
24 32 (6.39%) Retail
25 31 (6.19%) Back Office
26 29 (5.79%) Change Management
26 29 (5.79%) Investment Management
27 28 (5.59%) CRM

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 9 (1.80%) Confluence
2 5 (1.00%) SharePoint
3 3 (0.60%) Apache
3 3 (0.60%) CMS
4 1 (0.20%) Adobe Experience Manager
4 1 (0.20%) BizTalk Server
4 1 (0.20%) IBM Notes
4 1 (0.20%) SAS
Applications
1 44 (8.78%) MS Visio
2 33 (6.59%) Microsoft Excel
3 13 (2.59%) Microsoft Office
4 12 (2.40%) Microsoft PowerPoint
5 11 (2.20%) Microsoft Project
6 3 (0.60%) OmniGraffle
6 3 (0.60%) Spreadsheet
Business Applications
1 13 (2.59%) thinkFolio
2 12 (2.40%) Dynamics CRM
3 11 (2.20%) Markit EDM
4 7 (1.40%) Oracle EBS
4 7 (1.40%) SimCorp Dimension
5 5 (1.00%) Eagle PACE
5 5 (1.00%) Oracle EBS R12
6 3 (0.60%) Bloomberg TOMS
6 3 (0.60%) SAP Oil and Gas
7 2 (0.40%) ION MarketView
7 2 (0.40%) Misys Midas
7 2 (0.40%) NetSuite
7 2 (0.40%) Oracle Cash Management
7 2 (0.40%) Salesforce.com CRM
7 2 (0.40%) SAP ERP
7 2 (0.40%) Summit
7 2 (0.40%) Workday HCM
8 1 (0.20%) Bloomberg AIM
8 1 (0.20%) Elite 3E
8 1 (0.20%) Oracle Procure-to-Pay
Cloud Services
1 12 (2.40%) Cloud Computing
2 3 (0.60%) Force.com
2 3 (0.60%) Salesforce Service Cloud
2 3 (0.60%) Trello
3 2 (0.40%) IBM Blueworks
3 2 (0.40%) Microsoft Azure
3 2 (0.40%) Office 365
3 2 (0.40%) Salesforce Sales Cloud
4 1 (0.20%) Amazon AWS
4 1 (0.20%) Dynamics 365
4 1 (0.20%) Google Cloud Platform
4 1 (0.20%) SuccessFactors
Communications & Networking
1 7 (1.40%) SMS
2 5 (1.00%) Internet
3 3 (0.60%) Firewall
3 3 (0.60%) Intranet
3 3 (0.60%) SSL
4 2 (0.40%) FTP
4 2 (0.40%) Remote Desktop
5 1 (0.20%) Extranet
5 1 (0.20%) SWIFTNet
Database & Business Intelligence
1 18 (3.59%) Data Warehouse
2 13 (2.59%) SQL Server
3 9 (1.80%) Relational Database
4 5 (1.00%) Big Data
5 4 (0.80%) BusinessObjects
5 4 (0.80%) Hadoop
5 4 (0.80%) Power BI
6 3 (0.60%) Data Mart
7 2 (0.40%) DB2
7 2 (0.40%) QlikView
7 2 (0.40%) RDBMS
7 2 (0.40%) SAP BW
7 2 (0.40%) SAP HANA
7 2 (0.40%) SQL Server Integration Services
8 1 (0.20%) Data Mining
8 1 (0.20%) EDRMS
8 1 (0.20%) MS Access
8 1 (0.20%) SQL Server Analysis Services
8 1 (0.20%) SQL Server Reporting Services
8 1 (0.20%) Star Schema
Development Applications
1 17 (3.39%) JIRA
2 7 (1.40%) Eclipse
3 3 (0.60%) Axure RP
3 3 (0.60%) Balsamiq Mockups
4 2 (0.40%) ERwin
4 2 (0.40%) Visual Studio Team System
5 1 (0.20%) ProC
General
1 150 (29.94%) Finance
2 89 (17.76%) Banking
3 75 (14.97%) Front Office
4 39 (7.78%) Legal
5 38 (7.58%) Investment Banking
6 32 (6.39%) Retail
7 31 (6.19%) Back Office
8 20 (3.99%) Law
9 17 (3.39%) Advertising
10 16 (3.19%) Marketing
11 14 (2.79%) Retail Banking
12 8 (1.60%) Financial Institution
13 6 (1.20%) French Language
14 5 (1.00%) General Ledger
14 5 (1.00%) Publishing
15 4 (0.80%) Automotive
15 4 (0.80%) Billing
16 3 (0.60%) International Banking
16 3 (0.60%) Prime Brokerage
17 2 (0.40%) Telecoms
Libraries, Frameworks & Software Standards
1 4 (0.80%) COM
1 4 (0.80%) FIX Protocol
2 3 (0.60%) .NET
2 3 (0.60%) SAML
3 2 (0.40%) Middleware
3 2 (0.40%) Spring
3 2 (0.40%) Spring Boot
3 2 (0.40%) XML
4 1 (0.20%) ASP.NET
4 1 (0.20%) FpML
4 1 (0.20%) REST
4 1 (0.20%) RESTful
4 1 (0.20%) Swagger
4 1 (0.20%) Visualforce
4 1 (0.20%) Web Services
Miscellaneous
1 77 (15.37%) Analytical Skills
2 51 (10.18%) Fixed Income
3 37 (7.39%) Foreign Exchange (FX)
4 26 (5.19%) Equities
5 24 (4.79%) Derivative
6 13 (2.59%) Mobile App
6 13 (2.59%) SWIFT
7 8 (1.60%) Fintech
7 8 (1.60%) Market Risk
8 6 (1.20%) Computer Science
8 6 (1.20%) Credit Risk
8 6 (1.20%) Hedge funds
8 6 (1.20%) User Experience
9 5 (1.00%) Greenfield Project
9 5 (1.00%) Management Information System
9 5 (1.00%) Swaptions
10 4 (0.80%) Equity Derivative
10 4 (0.80%) Interest Rate Derivative
10 4 (0.80%) OTC Derivatives
10 4 (0.80%) Reinsurance
Operating Systems
1 16 (3.19%) Windows
2 10 (2.00%) Windows 10
3 5 (1.00%) Linux
4 1 (0.20%) Unix
Processes & Methodologies
1 193 (38.52%) Business Analysis
2 137 (27.35%) Agile Software Development
3 118 (23.55%) Stakeholder Management
4 66 (13.17%) Asset Management
5 62 (12.38%) User Acceptance Testing
6 59 (11.78%) Use Case
7 53 (10.58%) Project Management
8 44 (8.78%) Waterfall
9 43 (8.58%) Migration
10 41 (8.18%) User Stories
11 38 (7.58%) Data Analysis
12 34 (6.79%) GAP Analysis
13 29 (5.79%) Change Management
13 29 (5.79%) Investment Management
14 28 (5.59%) CRM
14 28 (5.59%) UML
15 27 (5.39%) Data Management
15 27 (5.39%) PRINCE2
15 27 (5.39%) SDLC
16 26 (5.19%) Scrum
Programming Languages
1 71 (14.17%) SQL
2 7 (1.40%) Java
3 5 (1.00%) C
4 4 (0.80%) VBA
5 3 (0.60%) C#
6 1 (0.20%) Python
6 1 (0.20%) T-SQL
6 1 (0.20%) VB
Qualifications
1 21 (4.19%) Degree
2 14 (2.79%) ISEB
3 10 (2.00%) CBAP
4 8 (1.60%) Security Cleared
5 7 (1.40%) IIBA
5 7 (1.40%) ITIL Certification
6 6 (1.20%) APMP
6 6 (1.20%) DV Cleared
7 5 (1.00%) Chartered Engineer
7 5 (1.00%) CITP
8 3 (0.60%) Master's Degree
8 3 (0.60%) PMP
9 2 (0.40%) BPSS Clearance
9 2 (0.40%) OCA
9 2 (0.40%) Oracle Certification
9 2 (0.40%) PMI Certification
9 2 (0.40%) Six Sigma Black Belt
9 2 (0.40%) Six Sigma Green Belt
10 1 (0.20%) CISSP
10 1 (0.20%) SC Cleared
Quality Assurance & Compliance
1 45 (8.98%) GDPR
2 25 (4.99%) MiFID
2 25 (4.99%) QA
3 8 (1.60%) EMIR
4 7 (1.40%) PMO
4 7 (1.40%) SEPA
5 4 (0.80%) Solvency II
6 3 (0.60%) Dodd-Frank
7 2 (0.40%) AIFMD
7 2 (0.40%) Data Quality
7 2 (0.40%) PCI DSS
7 2 (0.40%) Sarbanes-Oxley
8 1 (0.20%) Basel III
8 1 (0.20%) COREP
8 1 (0.20%) CRD IV
8 1 (0.20%) Disclosure Scotland
8 1 (0.20%) FATCA
8 1 (0.20%) FINREP
8 1 (0.20%) GAAP
8 1 (0.20%) ISO/IEC 27001
System Software
1 12 (2.40%) Active Directory
Systems Management
1 6 (1.20%) Single Sign-On
2 4 (0.80%) CA Single Sign-On
3 1 (0.20%) HP Quality Center
Vendors
1 46 (9.18%) Microsoft
2 19 (3.79%) Salesforce.com
3 16 (3.19%) Charles River
4 15 (2.99%) Oracle
5 12 (2.40%) Citrix
6 11 (2.20%) SAP
7 8 (1.60%) Bloomberg
7 8 (1.60%) Murex
8 7 (1.40%) ION Trading
8 7 (1.40%) SimCorp
9 6 (1.20%) iManage
9 6 (1.20%) Intapp
10 4 (0.80%) Workday
11 3 (0.60%) Calypso
11 3 (0.60%) Fidessa
11 3 (0.60%) Google
11 3 (0.60%) HP
11 3 (0.60%) Informatica
11 3 (0.60%) ServiceNow
11 3 (0.60%) Siebel