The median contractor rate for a Investment Banking Business Analyst was £610 per day in advertised job vacancies in the City of London during the 3 months to 24 March 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Business Analyst - Investment Banking
London / City of London
Rank 146 151 175
Rank change year-on-year +5 +24  
Contract jobs requiring an Investment Banking Business Analyst 7 7 14
As % of all contract IT jobs advertised in the City of London 0.23% 0.21% 0.28%
As % of the Job Titles category 0.24% 0.22% 0.29%
Number of daily rates quoted 6 6 11
Median daily rate £610 £600 £525
Median daily rate % change year-on-year +1.66% +14.28%  
90% offered a daily rate of more than £559 £563 £500
10% offered a daily rate of more than £673 £688 £625
UK excluding London median daily rate - - £431
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 2888 3140 4850
As % of all contract IT job vacancies advertised in the City of London 95.25% 95.32% 96.06%
Number of daily rates quoted 2244 2502 3650
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 £313 £300 £276
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 32 47 76
Median hourly rate £19.00 £20.00 £18.70
Median hourly rate % change year-on-year -4.97% +6.92%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £46.10 £27.37
UK excluding London median hourly rate £17.50 £20.00 £17.38
% change year-on-year -12.50% +15.10%  

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 March 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 hourly rates quoted in IT contractor 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 Related IT Skills in the City of London

For the 6 months to 24 March 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 12 (63.16%) Banking
1 12 (63.16%) Investment Banking
2 10 (52.63%) Finance
3 9 (47.37%) MiFID
4 7 (36.84%) Business Analysis
5 6 (31.58%) Derivative
5 6 (31.58%) Agile Software Development
6 5 (26.32%) Equities
6 5 (26.32%) Front Office
6 5 (26.32%) Foreign Exchange (FX)
6 5 (26.32%) Project Management
6 5 (26.32%) Murex
7 4 (21.05%) Stakeholder Management
7 4 (21.05%) Fixed Income
8 3 (15.79%) Risk Management
8 3 (15.79%) Migration
8 3 (15.79%) GAP Analysis
8 3 (15.79%) Data Modelling
8 3 (15.79%) Bloomberg
8 3 (15.79%) Data Management
8 3 (15.79%) Test Scripting
8 3 (15.79%) BPMN
8 3 (15.79%) User Stories
8 3 (15.79%) Analytical Skills
8 3 (15.79%) Fintech
8 3 (15.79%) Stakeholder and Relationship Management
8 3 (15.79%) Data Analysis
9 2 (10.53%) Business Process Modelling
9 2 (10.53%) KYC
9 2 (10.53%) Waterfall

Investment Banking Business Analyst Skill Set
Top Related 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 1 (5.26%) Big Data
1 1 (5.26%) Data Warehouse
General
1 12 (63.16%) Banking
1 12 (63.16%) Investment Banking
2 10 (52.63%) Finance
3 5 (26.32%) Front Office
4 1 (5.26%) Retail
4 1 (5.26%) Retail Banking
Libraries, Frameworks & Software Standards
1 2 (10.53%) Murex MxML
2 1 (5.26%) FIX Protocol
2 1 (5.26%) FpML
Miscellaneous
1 6 (31.58%) Derivative
2 5 (26.32%) Equities
2 5 (26.32%) Foreign Exchange (FX)
3 4 (21.05%) Fixed Income
4 3 (15.79%) Analytical Skills
4 3 (15.79%) Fintech
5 2 (10.53%) Reference Data
6 1 (5.26%) Credit Derivative
6 1 (5.26%) Equity Derivative
Operating Systems
1 2 (10.53%) Linux
1 2 (10.53%) Windows
Processes & Methodologies
1 7 (36.84%) Business Analysis
2 6 (31.58%) Agile Software Development
3 5 (26.32%) Project Management
4 4 (21.05%) Stakeholder Management
5 3 (15.79%) BPMN
5 3 (15.79%) Data Analysis
5 3 (15.79%) Data Management
5 3 (15.79%) Data Modelling
5 3 (15.79%) GAP Analysis
5 3 (15.79%) Migration
5 3 (15.79%) Risk Management
5 3 (15.79%) Stakeholder and Relationship Management
5 3 (15.79%) Test Scripting
5 3 (15.79%) User Stories
6 2 (10.53%) Business Process Modelling
6 2 (10.53%) KYC
6 2 (10.53%) OO
6 2 (10.53%) Systems Analysis
6 2 (10.53%) UML
6 2 (10.53%) Waterfall
Programming Languages
1 1 (5.26%) SQL
Quality Assurance & Compliance
1 9 (47.37%) MiFID
2 1 (5.26%) Dodd-Frank
2 1 (5.26%) EMIR
Vendors
1 5 (26.32%) Murex
2 3 (15.79%) Bloomberg
3 2 (10.53%) GoldenSource
3 2 (10.53%) ION Trading
4 1 (5.26%) DataCore
4 1 (5.26%) Fidessa
4 1 (5.26%) Microsoft
4 1 (5.26%) Splunk