The median contractor rate for an Investment Banking Business Analyst was £599 per day in advertised job vacancies in the City of London during the 3 months to 24 June 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 - Investment Banking
London / City of London
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 154 156 195
Rank change year-on-year +2 +39  
Contract jobs requiring an Investment Banking Business Analyst 12 9 13
As % of all contract IT jobs advertised in the City of London 0.37% 0.27% 0.22%
As % of the Job Titles category 0.38% 0.28% 0.24%
Number of daily rates quoted 10 8 11
Median daily rate £599 £613 £575
Median daily rate % change year-on-year -2.24% +6.52%  
90% offered a daily rate of more than £450 £593 £413
10% offered a daily rate of more than £675 £690 £650
UK excluding London median daily rate £302 £363 £550
% change year-on-year -16.75% -34.09%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 3118 3240 5517
As % of all contract IT job vacancies advertised in the City of London 95.47% 95.77% 94.79%
Number of daily rates quoted 2387 2631 4253
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £325 £313 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 37 38 98
Median hourly rate £18.70 £19.00 £19.00
Median hourly rate % change year-on-year -1.60% -  
90% offered a hourly rate of more than £12.54 £12.50 £10.50
10% offered a hourly rate of more than £30.00 £31.50 £37.05
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Investment Banking Business Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Investment Banking Business Analyst in the job title.

Job vacancy trend for Investment Banking Business Analyst in the City of London

Investment Banking 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 Investment Banking Business Analyst in the City of London.

Contractor daily rate trend for Investment Banking Business Analyst in the City of London

Investment Banking Business Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Investment Banking Business Analyst in the City of London over the 3 months to 24 June 2017.

Contractor daily rate histogram for Investment Banking Business Analyst in the City of London

Investment Banking 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 Investment Banking Business Analyst in the City of London.

Contractor hourly rate trend for Investment Banking Business Analyst in the City of London

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

For the 6 months to 24 June 2017, Investment Banking 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 Investment Banking Business Analyst in the job title.

1 17 (89.47%) Banking
2 16 (84.21%) Investment Banking
3 12 (63.16%) Finance
4 10 (52.63%) Front Office
5 8 (42.11%) Business Analysis
6 7 (36.84%) MiFID
7 6 (31.58%) Agile Software Development
8 5 (26.32%) Fixed Income
8 5 (26.32%) Derivative
9 4 (21.05%) Waterfall
9 4 (21.05%) Stakeholder Management
9 4 (21.05%) Data Warehouse
10 3 (15.79%) Murex
10 3 (15.79%) Project Management
10 3 (15.79%) Equities
10 3 (15.79%) JIRA
11 2 (10.53%) KYC
11 2 (10.53%) Fintech
11 2 (10.53%) Stakeholder and Relationship Management
11 2 (10.53%) Test Scripting
11 2 (10.53%) Time Management
11 2 (10.53%) Oracle Database
11 2 (10.53%) EMIR
11 2 (10.53%) Analytical Skills
11 2 (10.53%) ION MarketView
11 2 (10.53%) Murex MxML
11 2 (10.53%) Bloomberg TOMS
11 2 (10.53%) Scrum
11 2 (10.53%) GAP Analysis
11 2 (10.53%) ION Trading

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:

Business Applications
1 2 (10.53%) Bloomberg TOMS
1 2 (10.53%) ION MarketView
Database & Business Intelligence
1 4 (21.05%) Data Warehouse
2 2 (10.53%) Oracle Database
3 1 (5.26%) SQL Server
Development Applications
1 3 (15.79%) JIRA
General
1 17 (89.47%) Banking
2 16 (84.21%) Investment Banking
3 12 (63.16%) Finance
4 10 (52.63%) Front Office
5 1 (5.26%) Financial Institution
5 1 (5.26%) Retail
5 1 (5.26%) Retail Banking
Libraries, Frameworks & Software Standards
1 2 (10.53%) Murex MxML
2 1 (5.26%) .NET
Miscellaneous
1 5 (26.32%) Derivative
1 5 (26.32%) Fixed Income
2 3 (15.79%) Equities
3 2 (10.53%) Analytical Skills
3 2 (10.53%) Fintech
3 2 (10.53%) Foreign Exchange (FX)
4 1 (5.26%) Interest Rate Derivative
4 1 (5.26%) Reference Data
Processes & Methodologies
1 8 (42.11%) Business Analysis
2 6 (31.58%) Agile Software Development
3 4 (21.05%) Stakeholder Management
3 4 (21.05%) Waterfall
4 3 (15.79%) Project Management
5 2 (10.53%) Data Management
5 2 (10.53%) GAP Analysis
5 2 (10.53%) KYC
5 2 (10.53%) Scrum
5 2 (10.53%) Stakeholder and Relationship Management
5 2 (10.53%) Test Scripting
5 2 (10.53%) Time Management
6 1 (5.26%) Data Analysis
6 1 (5.26%) Data Flow Diagram
6 1 (5.26%) Financial Modelling
6 1 (5.26%) Portfolio Management
6 1 (5.26%) Process Improvement
6 1 (5.26%) Requirements Analysis
6 1 (5.26%) Scenario Testing
6 1 (5.26%) Systems Analysis
Quality Assurance & Compliance
1 7 (36.84%) MiFID
2 2 (10.53%) EMIR
Vendors
1 3 (15.79%) Murex
2 2 (10.53%) Bloomberg
2 2 (10.53%) ION Trading
2 2 (10.53%) Oracle
3 1 (5.26%) Calypso
3 1 (5.26%) DataCore
3 1 (5.26%) GoldenSource