The median contractor rate for a IT Business Analyst was £595 per day in advertised job vacancies in the City of London during the 3 months to 29 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.

IT Business Analyst
London / City of London
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 145 152 162
Rank change year-on-year +7 +10  
Contract jobs requiring an IT Business Analyst 17 7 29
As % of all contract IT jobs advertised in the City of London 0.55% 0.21% 0.57%
As % of the Job Titles category 0.58% 0.22% 0.59%
Number of daily rates quoted 15 6 24
Median daily rate £595 £563 £525
Median daily rate % change year-on-year +5.77% +7.14%  
90% offered a daily rate of more than £470 £495 £425
10% offered a daily rate of more than £612 £638 £643
UK excluding London median daily rate £401 £378 £388
% change year-on-year +6.29% -2.58%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £27.25 - -

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 2926 3222 4914
As % of all contract IT job vacancies advertised in the City of London 95.25% 95.18% 96.09%
Number of daily rates quoted 2273 2570 3709
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 33 46 72
Median hourly rate £19.00 £19.99 £17.98
Median hourly rate % change year-on-year -4.96% +11.19%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £45.75 £27.37
UK excluding London median hourly rate £17.50 £19.50 £17.00
% change year-on-year -10.25% +14.70%  

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 29 March 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 29 March 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 16 (55.17%) Banking
1 16 (55.17%) Business Analysis
2 14 (48.28%) Finance
3 9 (31.03%) Investment Banking
3 9 (31.03%) MiFID
4 7 (24.14%) Derivative
4 7 (24.14%) User Acceptance Testing
5 6 (20.69%) Fixed Income
5 6 (20.69%) GAP Analysis
6 5 (17.24%) SQL
6 5 (17.24%) Market Risk
6 5 (17.24%) Dodd-Frank
7 4 (13.79%) Microsoft
7 4 (13.79%) Agile Software Development
8 3 (10.34%) MS Visio
8 3 (10.34%) ISEB
8 3 (10.34%) Foreign Exchange (FX)
8 3 (10.34%) Front Office
8 3 (10.34%) Risk Management
8 3 (10.34%) Validation
8 3 (10.34%) Scrum
8 3 (10.34%) Credit Risk
8 3 (10.34%) Use Case
8 3 (10.34%) Electronic Trading
9 2 (6.90%) Credit Risk Management
9 2 (6.90%) Test Scripting
9 2 (6.90%) Requirements Engineering
9 2 (6.90%) Team Foundation Server
9 2 (6.90%) Collateral Management
9 2 (6.90%) Anti-Money Laundering

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:

Application Platforms
1 1 (3.45%) Confluence
Applications
1 3 (10.34%) MS Visio
2 2 (6.90%) MS Excel
3 1 (3.45%) MS Office
Business Applications
1 1 (3.45%) Adaptiv
1 1 (3.45%) Bloomberg TOMS
1 1 (3.45%) ION MarketView
Database & Business Intelligence
1 2 (6.90%) SQL Server
2 1 (3.45%) MS Access
2 1 (3.45%) Oracle Database
2 1 (3.45%) SQLPlus
Development Applications
1 2 (6.90%) JIRA
1 2 (6.90%) Team Foundation Server
1 2 (6.90%) Visual Studio
General
1 16 (55.17%) Banking
2 14 (48.28%) Finance
3 9 (31.03%) Investment Banking
4 3 (10.34%) Front Office
5 2 (6.90%) Back Office
5 2 (6.90%) Financial Institution
6 1 (3.45%) French Language
6 1 (3.45%) International Banking
6 1 (3.45%) Retail
6 1 (3.45%) Spanish Language
Libraries, Frameworks & Software Standards
1 1 (3.45%) Murex MxML
Miscellaneous
1 7 (24.14%) Derivative
2 6 (20.69%) Fixed Income
3 5 (17.24%) Market Risk
4 3 (10.34%) Credit Risk
4 3 (10.34%) Foreign Exchange (FX)
5 1 (3.45%) Equities
5 1 (3.45%) Equity Derivative
Processes & Methodologies
1 16 (55.17%) Business Analysis
2 7 (24.14%) User Acceptance Testing
3 6 (20.69%) GAP Analysis
4 4 (13.79%) Agile Software Development
5 3 (10.34%) Electronic Trading
5 3 (10.34%) Risk Management
5 3 (10.34%) Scrum
5 3 (10.34%) Use Case
5 3 (10.34%) Validation
6 2 (6.90%) Anti-Money Laundering
6 2 (6.90%) Asset Management
6 2 (6.90%) Change Management
6 2 (6.90%) Collateral Management
6 2 (6.90%) Credit Risk Management
6 2 (6.90%) ERP
6 2 (6.90%) Requirements Engineering
6 2 (6.90%) Stakeholder Management
6 2 (6.90%) Test Scripting
7 1 (3.45%) Data Analysis
7 1 (3.45%) Lean Six Sigma
Programming Languages
1 5 (17.24%) SQL
2 1 (3.45%) VBA
Qualifications
1 3 (10.34%) ISEB
2 1 (3.45%) ACCA
2 1 (3.45%) CIMA
2 1 (3.45%) Six Sigma Black Belt
Quality Assurance & Compliance
1 9 (31.03%) MiFID
2 5 (17.24%) Dodd-Frank
3 2 (6.90%) SEPA
4 1 (3.45%) EMIR
4 1 (3.45%) GDPR
Vendors
1 4 (13.79%) Microsoft
2 1 (3.45%) Bloomberg
2 1 (3.45%) Fidessa
2 1 (3.45%) ION Trading
2 1 (3.45%) Murex
2 1 (3.45%) Oracle