Period
to 23 November 2017

The median contractor rate for an Investment Banking Business Analyst was £425 per day in advertised job vacancies in the City of London during the 6 months to 23 November 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
Central London > City of London
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 237 225 240
Rank change year-on-year -12 +15 +30
Contract jobs requiring an Investment Banking Business Analyst 11 16 32
As % of all contract IT jobs advertised in the City of London 0.15% 0.24% 0.35%
As % of the Job Titles category 0.16% 0.25% 0.37%
Number of daily rates quoted 9 9 23
City of London median daily rate £425 £625 £525
Median daily rate % change year-on-year -32.00% +19.05% -4.55%
10th Percentile £260 £453 £383
90th Percentile £663 £718 £600
Central London median daily rate £425 £613 £525
% change year-on-year -30.61% +16.67% -4.55%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 6743 6393 8621
% of contract IT jobs with a recognized job title 94.45% 95.45% 95.32%
Number of daily rates quoted 5331 5074 6774
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £275
90th Percentile £688 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 92 78 126
City of London median hourly rate £18.00 £17.38 £18.75
Median hourly rate % change year-on-year +3.60% -7.33% +7.14%
10th Percentile £11.25 £11.50 £10.25
90th Percentile £30.64 £48.12 £39.38
Central London median hourly rate £18.10 £17.08 £18.00
% change year-on-year +5.96% -5.10% +5.88%

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

Job postings that featured Investment Banking Business Analyst in the job title as a percentage of all IT jobs advertised in the City of London.

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 6 months to 23 November 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 23 Co-occurring IT Skills in the City of London

For the 6 months to 23 November 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 10 (90.91%) Banking
2 9 (81.82%) Investment Banking
3 6 (54.55%) MiFID
4 5 (45.45%) Finance
4 5 (45.45%) Stakeholder Management
5 3 (27.27%) Front Office
6 2 (18.18%) Foreign Exchange (FX)
6 2 (18.18%) Microsoft Excel
6 2 (18.18%) Business Analysis
6 2 (18.18%) Microsoft PowerPoint
6 2 (18.18%) Analytics
7 1 (9.09%) FIX Protocol
7 1 (9.09%) QA
7 1 (9.09%) User Acceptance Testing
7 1 (9.09%) Electronic Trading
7 1 (9.09%) Data Analytics
7 1 (9.09%) Calypso
7 1 (9.09%) SQL
7 1 (9.09%) Sybase
7 1 (9.09%) DB2
7 1 (9.09%) XML
7 1 (9.09%) Unix
7 1 (9.09%) Agile Software Development

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:

Applications
1 2 (18.18%) Microsoft Excel
1 2 (18.18%) Microsoft PowerPoint
Database & Business Intelligence
1 1 (9.09%) DB2
General
1 10 (90.91%) Banking
2 9 (81.82%) Investment Banking
3 5 (45.45%) Finance
4 3 (27.27%) Front Office
Libraries, Frameworks & Software Standards
1 1 (9.09%) FIX Protocol
1 1 (9.09%) XML
Miscellaneous
1 2 (18.18%) Foreign Exchange (FX)
Operating Systems
1 1 (9.09%) Unix
Processes & Methodologies
1 5 (45.45%) Stakeholder Management
2 2 (18.18%) Analytics
2 2 (18.18%) Business Analysis
3 1 (9.09%) Agile Software Development
3 1 (9.09%) Data Analytics
3 1 (9.09%) Electronic Trading
3 1 (9.09%) User Acceptance Testing
Programming Languages
1 1 (9.09%) SQL
Quality Assurance & Compliance
1 6 (54.55%) MiFID
2 1 (9.09%) QA
Vendors
1 1 (9.09%) Calypso
1 1 (9.09%) Sybase