Period
to 13 December 2019

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 13 December 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
13 Dec 2019
Same period 2018 Same period 2017
Rank 39 53 23
Rank change year-on-year +14 -30 -3
Contract jobs requiring a Business Analyst 283 333 539
As % of all contract IT jobs advertised in the City of London 5.09% 4.67% 7.48%
As % of the Job Titles category 5.46% 4.90% 7.90%
Number of daily rates quoted 227 240 421
City of London median daily rate £500 £475 £500
Median daily rate % change year-on-year +5.26% -5.00% -
10th Percentile £374 £375 £363
90th Percentile £625 £625 £688
Central London median daily rate £500 £475 £500
% change year-on-year +5.26% -5.00% -
Number of hourly rates quoted 0 1 0
City of London median hourly rate - £15.50 -
Central London median hourly rate - £15.50 £35.00
% change year-on-year - -55.71% +100.69%

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 5,187 6,801 6,826
% of contract IT jobs with a recognized job title 93.26% 95.32% 94.75%
Number of daily rates quoted 4,026 5,353 5,409
City of London median daily rate £506 £500 £500
Median daily rate % change year-on-year +1.25% - +5.26%
10th Percentile £306 £300 £313
90th Percentile £675 £675 £688
Central London median daily rate £500 £500 £500
Number of hourly rates quoted 66 107 93
City of London median hourly rate £20.25 £18.70 £17.00
Median hourly rate % change year-on-year +8.29% +10.00% -2.86%
10th Percentile £12.04 £13.00 £11.25
90th Percentile £51.75 £26.30 £30.75
Central London median hourly rate £20.50 £18.70 £18.10
% change year-on-year +9.63% +3.31% +5.45%

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 13 December 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 13 December 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
London Bridge +47 7 £450 +5.88%
Moorgate 0 1 - -
Business Analyst
Central London

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

For the 6 months to 13 December 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.

1 118 (41.70%) Agile Software Development
2 106 (37.46%) Finance
3 83 (29.33%) Business Analysis
4 55 (19.43%) User Stories
5 48 (16.96%) Stakeholder Management
6 43 (15.19%) Banking
7 40 (14.13%) Analytical Skills
8 36 (12.72%) Scrum
9 35 (12.37%) Problem-Solving
10 32 (11.31%) SQL
11 30 (10.60%) Microsoft
12 29 (10.25%) Project Management
13 28 (9.89%) JIRA
14 27 (9.54%) Data Analysis
15 26 (9.19%) User Acceptance Testing
16 25 (8.83%) Migration
17 23 (8.13%) MS Visio
18 22 (7.77%) SDLC
19 21 (7.42%) CRM
20 20 (7.07%) Use Case
21 19 (6.71%) Microsoft Excel
21 19 (6.71%) Waterfall
22 17 (6.01%) Microsoft Office
22 17 (6.01%) Business Intelligence
22 17 (6.01%) Data Warehouse
22 17 (6.01%) Security Cleared
23 16 (5.65%) SC Cleared
23 16 (5.65%) Acceptance Criteria
23 16 (5.65%) Front Office
24 15 (5.30%) Investment Banking

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 (2.83%) SharePoint
2 7 (2.47%) Confluence
3 6 (2.12%) SAS
4 2 (0.71%) CMS
5 1 (0.35%) Sitecore CMS
5 1 (0.35%) WebSphere
Applications
1 23 (8.13%) MS Visio
2 19 (6.71%) Microsoft Excel
3 17 (6.01%) Microsoft Office
4 15 (5.30%) Microsoft PowerPoint
5 11 (3.89%) Microsoft Project
6 2 (0.71%) Snagit
Business Applications
1 10 (3.53%) Dynamics CRM
2 3 (1.06%) Oracle ERP
3 2 (0.71%) NetSuite
3 2 (0.71%) Oracle Financials
3 2 (0.71%) Salesforce.com CRM
4 1 (0.35%) Actimize
4 1 (0.35%) Bloomberg TOMS
4 1 (0.35%) Dynamics AX
4 1 (0.35%) Endur
4 1 (0.35%) Global One
4 1 (0.35%) Infor SunSystems
4 1 (0.35%) SAP S/4HANA
4 1 (0.35%) SimCorp Dimension
Cloud Services
1 9 (3.18%) Azure
2 6 (2.12%) Dynamics 365
3 5 (1.77%) Office 365
4 4 (1.41%) Power Platform
5 3 (1.06%) AWS
5 3 (1.06%) Salesforce Sales Cloud
5 3 (1.06%) Salesforce Service Cloud
6 1 (0.35%) AWS Lambda
6 1 (0.35%) Google Drive
6 1 (0.35%) Google Sheets
6 1 (0.35%) OneDrive
6 1 (0.35%) SaaS
6 1 (0.35%) Serverless
Communications & Networking
1 4 (1.41%) Network Security
2 3 (1.06%) Firewall
3 2 (0.71%) Internet
3 2 (0.71%) WAN
4 1 (0.35%) FTP
4 1 (0.35%) LAN
4 1 (0.35%) NAS
4 1 (0.35%) Wi-Fi
Database & Business Intelligence
1 17 (6.01%) Data Warehouse
2 12 (4.24%) Big Data
3 7 (2.47%) SQL Server
4 4 (1.41%) Power BI
5 3 (1.06%) MS Access
5 3 (1.06%) Relational Database
5 3 (1.06%) SQL Server Reporting Services
6 2 (0.71%) Azure SQL Data Warehouse
6 2 (0.71%) Blockchain
6 2 (0.71%) Hadoop
6 2 (0.71%) Oracle Reports
7 1 (0.35%) Oracle Database
7 1 (0.35%) SQL Server Integration Services
7 1 (0.35%) Star Schema
Development Applications
1 28 (9.89%) JIRA
2 10 (3.53%) Team Foundation Server
3 3 (1.06%) Eclipse
4 1 (0.35%) Cucumber
4 1 (0.35%) Rational DOORS
4 1 (0.35%) TeamCity
General
1 106 (37.46%) Finance
2 43 (15.19%) Banking
3 16 (5.65%) Front Office
4 15 (5.30%) Investment Banking
5 12 (4.24%) Legal
6 10 (3.53%) Public Sector
7 9 (3.18%) Retail
8 8 (2.83%) Advertising
9 7 (2.47%) Back Office
10 5 (1.77%) Financial Institution
11 4 (1.41%) Law
11 4 (1.41%) Marketing
11 4 (1.41%) Publishing
11 4 (1.41%) Retail Banking
12 3 (1.06%) Games
12 3 (1.06%) General Ledger
13 2 (0.71%) French Language
13 2 (0.71%) Private Banking
13 2 (0.71%) Telecoms
14 1 (0.35%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 4 (1.41%) Middleware
1 4 (1.41%) XML
2 3 (1.06%) Oracle Fusion
2 3 (1.06%) Web Services
3 2 (0.71%) JSON
4 1 (0.35%) .NET
4 1 (0.35%) ASP.NET
4 1 (0.35%) CSS
4 1 (0.35%) EDI
4 1 (0.35%) FIX Protocol
4 1 (0.35%) FIXML
4 1 (0.35%) Gherkin
4 1 (0.35%) HTML
4 1 (0.35%) HTML5
4 1 (0.35%) Murex MxML
4 1 (0.35%) React
4 1 (0.35%) React Native
4 1 (0.35%) REST
4 1 (0.35%) RESTful
4 1 (0.35%) SOAP
Miscellaneous
1 40 (14.13%) Analytical Skills
2 12 (4.24%) Fixed Income
3 11 (3.89%) Management Information System
4 9 (3.18%) Derivative
5 8 (2.83%) Equities
5 8 (2.83%) User Experience
6 7 (2.47%) Foreign Exchange (FX)
7 5 (1.77%) Greenfield Project
8 4 (1.41%) Reinsurance
8 4 (1.41%) Tandem
8 4 (1.41%) Wiki
9 3 (1.06%) Data Structures
10 2 (0.71%) Credit Risk
10 2 (0.71%) Data Centre
10 2 (0.71%) Hedge funds
10 2 (0.71%) Interest Rate Derivative
10 2 (0.71%) Market Risk
10 2 (0.71%) Self-Motivation
11 1 (0.35%) NHS
11 1 (0.35%) PMI
Operating Systems
1 6 (2.12%) Windows
2 3 (1.06%) Unix
2 3 (1.06%) Windows 10
3 2 (0.71%) Windows Server
4 1 (0.35%) AIX
4 1 (0.35%) Linux
4 1 (0.35%) Red Hat Enterprise Linux
4 1 (0.35%) Solaris
4 1 (0.35%) Windows Server 2003
4 1 (0.35%) Windows Server 2008
4 1 (0.35%) Windows Server 2012
4 1 (0.35%) zOS
Processes & Methodologies
1 118 (41.70%) Agile Software Development
2 83 (29.33%) Business Analysis
3 55 (19.43%) User Stories
4 48 (16.96%) Stakeholder Management
5 36 (12.72%) Scrum
6 35 (12.37%) Problem-Solving
7 29 (10.25%) Project Management
8 27 (9.54%) Data Analysis
9 26 (9.19%) User Acceptance Testing
10 25 (8.83%) Migration
11 22 (7.77%) SDLC
12 21 (7.42%) CRM
13 20 (7.07%) Use Case
14 19 (6.71%) Waterfall
15 17 (6.01%) Business Intelligence
16 16 (5.65%) Acceptance Criteria
17 15 (5.30%) Asset Management
17 15 (5.30%) Change Management
18 14 (4.95%) Workshop Facilitation
19 13 (4.59%) Data Migration
Programming Languages
1 32 (11.31%) SQL
2 4 (1.41%) Python
3 3 (1.06%) Java
4 2 (0.71%) C#
4 2 (0.71%) C++
4 2 (0.71%) PL/SQL
4 2 (0.71%) VBA
5 1 (0.35%) C
5 1 (0.35%) JavaScript
5 1 (0.35%) T-SQL
Qualifications
1 17 (6.01%) Security Cleared
2 16 (5.65%) SC Cleared
3 7 (2.47%) Degree
4 5 (1.77%) CBAP
4 5 (1.77%) ISEB
5 4 (1.41%) IIBA
6 2 (0.71%) CISM
6 2 (0.71%) CISSP
7 1 (0.35%) CISMP
7 1 (0.35%) DV Cleared
7 1 (0.35%) Master's Degree
7 1 (0.35%) PMI Certification
7 1 (0.35%) Postgraduate
Quality Assurance & Compliance
1 12 (4.24%) QA
2 5 (1.77%) PMO
3 3 (1.06%) EMIR
3 3 (1.06%) MiFID
4 2 (0.71%) COREP
4 2 (0.71%) Data Quality
4 2 (0.71%) FINREP
4 2 (0.71%) GDPR
5 1 (0.35%) Basel III
5 1 (0.35%) ISO/IEC 27001
5 1 (0.35%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
5 1 (0.35%) PSD2
5 1 (0.35%) Solvency II
System Software
1 3 (1.06%) Active Directory
2 1 (0.35%) DFS Replication
2 1 (0.35%) VMware NSX
Systems Management
1 3 (1.06%) SCCM
2 2 (0.71%) Single Sign-On
3 1 (0.35%) HP Quality Center
3 1 (0.35%) Opscode Chef
Vendors
1 30 (10.60%) Microsoft
2 14 (4.95%) Oracle
3 7 (2.47%) Murex
4 6 (2.12%) Salesforce.com
5 4 (1.41%) SAP
6 2 (0.71%) Atlassian
6 2 (0.71%) Avaloq
6 2 (0.71%) Cloudera
6 2 (0.71%) Google
6 2 (0.71%) IBM
6 2 (0.71%) Sybase
6 2 (0.71%) Workday
7 1 (0.35%) Alteryx
7 1 (0.35%) FactSet
7 1 (0.35%) Guidewire
7 1 (0.35%) MarketAxess
7 1 (0.35%) Sitecore
7 1 (0.35%) Tableau
7 1 (0.35%) Tradeweb
7 1 (0.35%) Varonis