Period
to 19 July 2018

The median contractor rate for a Business Analyst was £478 per day in advertised job vacancies in the City of London during the 6 months to 19 July 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
19 Jul 2018
Same period 2017 Same period 2016
Rank 29 19 19
Rank change year-on-year -10 0 -4
Contract jobs requiring a Business Analyst 445 553 539
As % of all contract IT jobs advertised in the City of London 6.32% 8.58% 7.87%
As % of the Job Titles category 6.66% 8.95% 8.24%
Number of daily rates quoted 348 417 449
City of London median daily rate £478 £500 £500
Median daily rate % change year-on-year -4.50% - +4.71%
10th Percentile £374 £373 £363
90th Percentile £675 £675 £638
Central London median daily rate £475 £500 £475
% change year-on-year -5.00% +5.26% -
Number of hourly rates quoted 2 0 1
City of London median hourly rate £55.59 - £47.50
10th Percentile £44.43 - £43.75
90th Percentile £69.03 - £51.25
Central London median hourly rate £55.59 - £47.50

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 6,679 6,176 6,541
% of contract IT jobs with a recognized job title 94.86% 95.84% 95.45%
Number of daily rates quoted 5,252 4,740 5,248
City of London median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% +5.56%
10th Percentile £313 £310 £300
90th Percentile £688 £675 £650
Central London median daily rate £500 £485 £450
% change year-on-year +3.09% +7.78% -
Number of hourly rates quoted 126 77 83
City of London median hourly rate £18.70 £18.70 £19.00
Median hourly rate % change year-on-year +0.03% -1.61% -2.19%
10th Percentile £12.63 £12.52 £11.30
90th Percentile £31.50 £30.07 £32.20
Central London median hourly rate £18.70 £17.77 £19.00
% change year-on-year +5.23% -6.47% -

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 19 July 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 19 July 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 19 July 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.

1 174 (39.10%) Business Analysis
2 160 (35.96%) Finance
3 118 (26.52%) Agile Software Development
4 117 (26.29%) Stakeholder Management
5 66 (14.83%) Banking
6 53 (11.91%) Analytical Skills
7 50 (11.24%) Project Management
8 48 (10.79%) MS Visio
8 48 (10.79%) User Acceptance Testing
9 45 (10.11%) Microsoft
10 44 (9.89%) Asset Management
10 44 (9.89%) Problem-Solving
11 40 (8.99%) Migration
12 38 (8.54%) SQL
12 38 (8.54%) Data Analysis
13 37 (8.31%) Front Office
14 36 (8.09%) GAP Analysis
15 34 (7.64%) Use Case
15 34 (7.64%) User Stories
16 33 (7.42%) Microsoft Excel
17 32 (7.19%) Legal
18 31 (6.97%) Scrum
19 30 (6.74%) E-Commerce
20 29 (6.52%) Change Management
20 29 (6.52%) Retail
21 28 (6.29%) Fixed Income
21 28 (6.29%) Target Operating Model
22 27 (6.07%) GDPR
23 26 (5.84%) PRINCE2
24 24 (5.39%) Oracle

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 13 (2.92%) Confluence
2 8 (1.80%) CMS
3 6 (1.35%) SAS
3 6 (1.35%) SharePoint
4 2 (0.45%) Adobe Experience Manager
4 2 (0.45%) Sitecore CMS
5 1 (0.22%) Alfresco
5 1 (0.22%) Documentum
5 1 (0.22%) FileNet
5 1 (0.22%) OnBase
Applications
1 48 (10.79%) MS Visio
2 33 (7.42%) Microsoft Excel
3 23 (5.17%) Microsoft Office
4 14 (3.15%) Microsoft PowerPoint
5 5 (1.12%) Microsoft Project
6 1 (0.22%) Gliffy
6 1 (0.22%) OmniGraffle
6 1 (0.22%) Spreadsheet
Business Applications
1 11 (2.47%) Actimize
2 8 (1.80%) Oracle EBS
2 8 (1.80%) Oracle EBS R12
3 6 (1.35%) thinkFolio
4 5 (1.12%) Workday HCM
5 4 (0.90%) Dynamics CRM
5 4 (0.90%) Markit EDM
6 3 (0.67%) Magento
6 3 (0.67%) Orchestrade
6 3 (0.67%) SAP SRM
6 3 (0.67%) SimCorp Dimension
7 2 (0.45%) ION MarketView
7 2 (0.45%) Oracle Procure-to-Pay
8 1 (0.22%) Bloomberg AIM
8 1 (0.22%) Bloomberg TOMS
8 1 (0.22%) Elite 3E
8 1 (0.22%) Endur
8 1 (0.22%) Oracle Retail
8 1 (0.22%) SAP Oil and Gas
8 1 (0.22%) Summit
Cloud Services
1 16 (3.60%) Cloud Computing
2 10 (2.25%) Office 365
3 4 (0.90%) Microsoft Azure
3 4 (0.90%) Salesforce Sales Cloud
4 2 (0.45%) Dynamics 365
4 2 (0.45%) Google Analytics
4 2 (0.45%) Google Cloud Platform
4 2 (0.45%) SaaS
5 1 (0.22%) Amazon AWS
5 1 (0.22%) FinancialForce
5 1 (0.22%) G Suite
5 1 (0.22%) GitHub
5 1 (0.22%) PaaS
5 1 (0.22%) Salesforce Service Cloud
5 1 (0.22%) SuccessFactors
Communications & Networking
1 9 (2.02%) SMS
2 2 (0.45%) Remote Desktop
3 1 (0.22%) Intranet
3 1 (0.22%) LAN
3 1 (0.22%) WAN
3 1 (0.22%) WebEx
Database & Business Intelligence
1 12 (2.70%) SQL Server
2 7 (1.57%) Data Warehouse
3 6 (1.35%) Relational Database
4 5 (1.12%) Big Data
5 4 (0.90%) Hadoop
6 3 (0.67%) Power BI
6 3 (0.67%) QlikView
7 2 (0.45%) Data Mining
8 1 (0.22%) BigQuery
8 1 (0.22%) BusinessObjects
8 1 (0.22%) Data Lake
8 1 (0.22%) DB2
8 1 (0.22%) Electronic Patient Records
8 1 (0.22%) Geospatial Data
8 1 (0.22%) MS Access
8 1 (0.22%) MySQL
8 1 (0.22%) SAP BW
8 1 (0.22%) SAP HANA
8 1 (0.22%) Star Schema
Development Applications
1 22 (4.94%) JIRA
2 7 (1.57%) Eclipse
3 3 (0.67%) Visual Studio Team System
4 1 (0.22%) ERwin
4 1 (0.22%) Git (software)
4 1 (0.22%) Jenkins
General
1 160 (35.96%) Finance
2 66 (14.83%) Banking
3 37 (8.31%) Front Office
4 32 (7.19%) Legal
5 29 (6.52%) Retail
6 23 (5.17%) Back Office
6 23 (5.17%) Law
7 19 (4.27%) Investment Banking
8 12 (2.70%) Financial Institution
9 11 (2.47%) Advertising
10 10 (2.25%) Marketing
11 6 (1.35%) French Language
11 6 (1.35%) Retail Banking
12 4 (0.90%) Publishing
13 2 (0.45%) German Language
13 2 (0.45%) Italian Language
13 2 (0.45%) Private Banking
13 2 (0.45%) Spanish Language
13 2 (0.45%) Telecoms
14 1 (0.22%) Danish Language
Libraries, Frameworks & Software Standards
1 7 (1.57%) FIX Protocol
1 7 (1.57%) Middleware
1 7 (1.57%) XML
2 6 (1.35%) HTML
3 3 (0.67%) REST
4 2 (0.45%) RESTful
4 2 (0.45%) Swagger
5 1 (0.22%) COM
5 1 (0.22%) FpML
5 1 (0.22%) Natural Language Processing
5 1 (0.22%) SOAP
5 1 (0.22%) Web Services
Miscellaneous
1 53 (11.91%) Analytical Skills
2 28 (6.29%) Fixed Income
3 21 (4.72%) Foreign Exchange (FX)
4 13 (2.92%) Equities
5 11 (2.47%) Derivative
6 10 (2.25%) Management Information System
7 9 (2.02%) User Experience
8 8 (1.80%) Reinsurance
9 6 (1.35%) Mobile App
9 6 (1.35%) Virtual Team
10 5 (1.12%) Fintech
10 5 (1.12%) iPad
10 5 (1.12%) NHS
10 5 (1.12%) Self-Motivation
11 4 (0.90%) Data Structures
11 4 (0.90%) Marketing Technology
11 4 (0.90%) Tandem
12 3 (0.67%) Greenfield Project
12 3 (0.67%) OTC Derivatives
12 3 (0.67%) Reference Data
Operating Systems
1 18 (4.04%) Windows
1 18 (4.04%) Windows 10
2 6 (1.35%) Unix
3 1 (0.22%) Apple iOS
3 1 (0.22%) Windows 7
Processes & Methodologies
1 174 (39.10%) Business Analysis
2 118 (26.52%) Agile Software Development
3 117 (26.29%) Stakeholder Management
4 50 (11.24%) Project Management
5 48 (10.79%) User Acceptance Testing
6 44 (9.89%) Asset Management
6 44 (9.89%) Problem-Solving
7 40 (8.99%) Migration
8 38 (8.54%) Data Analysis
9 36 (8.09%) GAP Analysis
10 34 (7.64%) Use Case
10 34 (7.64%) User Stories
11 31 (6.97%) Scrum
12 30 (6.74%) E-Commerce
13 29 (6.52%) Change Management
14 28 (6.29%) Target Operating Model
15 26 (5.84%) PRINCE2
16 24 (5.39%) Waterfall
17 22 (4.94%) Decision-Making
18 18 (4.04%) Test Scripting
Programming Languages
1 38 (8.54%) SQL
2 8 (1.80%) Java
3 4 (0.90%) Python
4 3 (0.67%) R
5 2 (0.45%) C
6 1 (0.22%) Bash Shell
6 1 (0.22%) C++
6 1 (0.22%) Scala
6 1 (0.22%) Shell Script
Qualifications
1 12 (2.70%) Degree
2 9 (2.02%) ISEB
3 6 (1.35%) SC Cleared
3 6 (1.35%) Security Cleared
4 4 (0.90%) APMP
5 2 (0.45%) ACCA
5 2 (0.45%) CBAP
5 2 (0.45%) CIMA
5 2 (0.45%) ITIL Certification
5 2 (0.45%) PMP
6 1 (0.22%) DV Cleared
6 1 (0.22%) ISEB Practitioner
6 1 (0.22%) ISTQB
6 1 (0.22%) ISTQB Foundation Certification
6 1 (0.22%) PMI Certification
6 1 (0.22%) Six Sigma Black Belt
6 1 (0.22%) Six Sigma Green Belt
Quality Assurance & Compliance
1 27 (6.07%) GDPR
2 16 (3.60%) MiFID
3 11 (2.47%) QA
4 4 (0.90%) EMIR
4 4 (0.90%) Solvency II
5 3 (0.67%) IFRS
5 3 (0.67%) ISO 20022
5 3 (0.67%) PSD2
6 2 (0.45%) AIFMD
6 2 (0.45%) PCI DSS
6 2 (0.45%) PMO
6 2 (0.45%) SEPA
7 1 (0.22%) Dodd-Frank
7 1 (0.22%) FATCA
7 1 (0.22%) SLA
System Software
1 14 (3.15%) Active Directory
Systems Management
1 3 (0.67%) SCCM
2 2 (0.45%) Terraform
3 1 (0.22%) EMC NetWorker
3 1 (0.22%) Puppet
3 1 (0.22%) Systems Management Server (SMS)
Vendors
1 45 (10.11%) Microsoft
2 24 (5.39%) Oracle
3 16 (3.60%) Citrix
4 13 (2.92%) Salesforce.com
5 12 (2.70%) Charles River
5 12 (2.70%) SAP
6 10 (2.25%) iManage
7 8 (1.80%) IBM
8 7 (1.57%) Workday
9 6 (1.35%) ServiceNow
10 5 (1.12%) Google
10 5 (1.12%) Tableau
11 4 (0.90%) Bloomberg
11 4 (0.90%) Informatica
12 3 (0.67%) Calypso
12 3 (0.67%) ION Trading
12 3 (0.67%) Murex
12 3 (0.67%) SimCorp
13 2 (0.45%) Adobe
13 2 (0.45%) Sitecore