The median contractor rate for an IT Business Analyst was £600 per day in advertised job vacancies in the City of London during the 3 months to 22 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.

IT Business Analyst
London / City of London
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 149 157 165
Rank change year-on-year +8 +8  
Contract jobs requiring an IT Business Analyst 16 12 47
As % of all contract IT jobs advertised in the City of London 0.49% 0.35% 0.81%
As % of the Job Titles category 0.51% 0.37% 0.85%
Number of daily rates quoted 15 10 43
Median daily rate £600 £550 £575
Median daily rate % change year-on-year +9.09% -4.34%  
90% offered a daily rate of more than £475 £436 £456
10% offered a daily rate of more than £655 £658 £623
UK excluding London median daily rate £413 £350 £400
% change year-on-year +17.85% -12.50%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £30.75 £26.50 -
% change year-on-year +16.03% -  

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 3148 3259 5509
As % of all contract IT job vacancies advertised in the City of London 95.51% 95.74% 94.79%
Number of daily rates quoted 2405 2639 4250
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 £310 £280
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £400 £373
% change year-on-year - +7.38%  
Number of hourly rates quoted 39 40 99
Median hourly rate £17.77 £20.00 £19.72
Median hourly rate % change year-on-year -11.15% +1.44%  
90% offered a hourly rate of more than £12.93 £12.94 £10.50
10% offered a hourly rate of more than £30.00 £43.57 £37.05
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

IT Business Analyst
Job Vacancy Trend in the City of London

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

Job vacancy trend for IT Business Analyst in the City of London

IT 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 IT Business Analyst in the City of London.

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

IT Business Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing IT Business Analyst in the City of London over the 3 months to 22 June 2017.

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

IT 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 IT Business Analyst in the City of London.

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

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

For the 6 months to 22 June 2017, IT 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 IT Business Analyst in the job title.

1 22 (64.71%) Banking
2 18 (52.94%) Business Analysis
3 16 (47.06%) Investment Banking
4 13 (38.24%) MiFID
5 11 (32.35%) Derivative
6 10 (29.41%) Finance
7 9 (26.47%) GAP Analysis
8 8 (23.53%) Fixed Income
9 7 (20.59%) User Acceptance Testing
10 6 (17.65%) Electronic Trading
11 5 (14.71%) Dodd-Frank
11 5 (14.71%) SQL
12 4 (11.76%) Equities
12 4 (11.76%) Agile Software Development
12 4 (11.76%) Market Risk
13 3 (8.82%) Data Analysis
13 3 (8.82%) Use Case
13 3 (8.82%) EMIR
13 3 (8.82%) Asset Management
13 3 (8.82%) Scrum
13 3 (8.82%) Validation
13 3 (8.82%) MS Visio
13 3 (8.82%) Microsoft
13 3 (8.82%) ISEB
14 2 (5.88%) ERP
14 2 (5.88%) Change Management
14 2 (5.88%) Front Office
14 2 (5.88%) Back Office
14 2 (5.88%) Risk Management
14 2 (5.88%) Workflow

IT 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 3 (8.82%) MS Visio
2 2 (5.88%) Microsoft Excel
3 1 (2.94%) Microsoft Office
Business Applications
1 1 (2.94%) Bloomberg TOMS
1 1 (2.94%) Eagle PACE
1 1 (2.94%) ION MarketView
1 1 (2.94%) Markit EDM
Database & Business Intelligence
1 2 (5.88%) SQL Server
2 1 (2.94%) Data Warehouse
2 1 (2.94%) MS Access
2 1 (2.94%) Oracle Database
2 1 (2.94%) SQLPlus
Development Applications
1 2 (5.88%) Team Foundation Server
1 2 (5.88%) Visual Studio
2 1 (2.94%) JIRA
General
1 22 (64.71%) Banking
2 16 (47.06%) Investment Banking
3 10 (29.41%) Finance
4 2 (5.88%) Back Office
4 2 (5.88%) Front Office
4 2 (5.88%) Law
4 2 (5.88%) Legal
5 1 (2.94%) French Language
5 1 (2.94%) International Banking
Libraries, Frameworks & Software Standards
1 2 (5.88%) FpML
1 2 (5.88%) XML
2 1 (2.94%) Murex MxML
Miscellaneous
1 11 (32.35%) Derivative
2 8 (23.53%) Fixed Income
3 4 (11.76%) Equities
3 4 (11.76%) Market Risk
4 2 (5.88%) Credit Risk
4 2 (5.88%) Equity Derivative
4 2 (5.88%) Foreign Exchange (FX)
5 1 (2.94%) Analytical Skills
5 1 (2.94%) Pricing Data
Processes & Methodologies
1 18 (52.94%) Business Analysis
2 9 (26.47%) GAP Analysis
3 7 (20.59%) User Acceptance Testing
4 6 (17.65%) Electronic Trading
5 4 (11.76%) Agile Software Development
6 3 (8.82%) Asset Management
6 3 (8.82%) Data Analysis
6 3 (8.82%) Scrum
6 3 (8.82%) Use Case
6 3 (8.82%) Validation
7 2 (5.88%) Anti-Money Laundering
7 2 (5.88%) Collateral Management
7 2 (5.88%) Credit Risk Management
7 2 (5.88%) ERP
7 2 (5.88%) Requirements Engineering
7 2 (5.88%) Scenario Testing
7 2 (5.88%) SDLC
7 2 (5.88%) Stakeholder Management
7 2 (5.88%) System Integration Testing
7 2 (5.88%) Test Scripting
Programming Languages
1 5 (14.71%) SQL
Qualifications
1 3 (8.82%) ISEB
Quality Assurance & Compliance
1 13 (38.24%) MiFID
2 5 (14.71%) Dodd-Frank
3 3 (8.82%) EMIR
4 2 (5.88%) QA
4 2 (5.88%) SEPA
5 1 (2.94%) FINREP
5 1 (2.94%) GDPR
Vendors
1 3 (8.82%) Microsoft
2 2 (5.88%) Bloomberg
2 2 (5.88%) ION Trading
2 2 (5.88%) Oracle
3 1 (2.94%) Charles River
3 1 (2.94%) Fidessa
3 1 (2.94%) iManage
3 1 (2.94%) Murex
3 1 (2.94%) Tradeweb
3 1 (2.94%) Yardi
City, London
McGregor Boyall
Rate: £300 - £400 per day
Posted: 16 hours ago
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £550 - £750 per day
Posted: 6 days ago
City, London
ANSON MCCADE
Rate: 300 - 400 per day
Posted: 6 days ago