Period
to 22 November 2017

The median contractor rate for an IT Business Analyst was £588 per day in advertised job vacancies in the City of London during the 6 months to 22 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.

IT Business Analyst
Central London > City of London
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 216 209 225
Rank change year-on-year -7 +16 +15
Contract jobs requiring an IT Business Analyst 41 35 46
As % of all contract IT jobs advertised in the City of London 0.57% 0.52% 0.51%
As % of the Job Titles category 0.61% 0.55% 0.54%
Number of daily rates quoted 37 28 38
City of London median daily rate £588 £538 £525
Median daily rate % change year-on-year +9.30% +2.38% -4.55%
10th Percentile £423 £408 £373
90th Percentile £755 £741 £629
Central London median daily rate £581 £516 £525
% change year-on-year +12.59% -1.67% -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 6765 6392 8566
% of contract IT jobs with a recognized job title 94.51% 95.45% 95.33%
Number of daily rates quoted 5343 5073 6726
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 93 78 124
City of London median hourly rate £17.00 £17.38 £18.25
Median hourly rate % change year-on-year -2.16% -4.79% +4.29%
10th Percentile £11.25 £11.50 £10.15
90th Percentile £29.40 £48.12 £39.63
Central London median hourly rate £18.10 £17.17 £18.00
% change year-on-year +5.45% -4.64% +5.88%

IT Business Analyst
Job Vacancy Trend in the City of London

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

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 6 months to 22 November 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 November 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 28 (68.29%) Business Analysis
2 23 (56.10%) Banking
3 18 (43.90%) Investment Banking
4 17 (41.46%) Derivative
4 17 (41.46%) GAP Analysis
5 15 (36.59%) Fixed Income
6 12 (29.27%) Front Office
7 11 (26.83%) Finance
8 10 (24.39%) Agile Software Development
8 10 (24.39%) Electronic Trading
9 9 (21.95%) SQL
10 8 (19.51%) Waterfall
11 7 (17.07%) Foreign Exchange (FX)
11 7 (17.07%) Stakeholder Management
12 4 (9.76%) Analytical Skills
12 4 (9.76%) Data Analysis
12 4 (9.76%) Workflow
12 4 (9.76%) Asset Management
13 3 (7.32%) Back Office
13 3 (7.32%) Identity Management
13 3 (7.32%) Legal
13 3 (7.32%) Scrum
13 3 (7.32%) E-Commerce
13 3 (7.32%) PRINCE2
13 3 (7.32%) Charles River
13 3 (7.32%) International Banking
13 3 (7.32%) GDPR
14 2 (4.88%) Computer Science Degree
14 2 (4.88%) Quantitative Finance
14 2 (4.88%) Process Improvement

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 (2.44%) CMS
Applications
1 1 (2.44%) Microsoft Excel
1 1 (2.44%) Spreadsheet
Business Applications
1 2 (4.88%) Eagle PACE
1 2 (4.88%) Markit EDM
1 2 (4.88%) Summit
Communications & Networking
1 1 (2.44%) Extranet
1 1 (2.44%) Intranet
Database & Business Intelligence
1 2 (4.88%) Data Warehouse
General
1 23 (56.10%) Banking
2 18 (43.90%) Investment Banking
3 12 (29.27%) Front Office
4 11 (26.83%) Finance
5 3 (7.32%) Back Office
5 3 (7.32%) International Banking
5 3 (7.32%) Legal
6 2 (4.88%) Law
Miscellaneous
1 17 (41.46%) Derivative
2 15 (36.59%) Fixed Income
3 7 (17.07%) Foreign Exchange (FX)
4 4 (9.76%) Analytical Skills
5 2 (4.88%) Computer Science
5 2 (4.88%) Equities
5 2 (4.88%) Market Risk
5 2 (4.88%) Pricing Data
6 1 (2.44%) Data Centre
6 1 (2.44%) OTC Derivatives
Processes & Methodologies
1 28 (68.29%) Business Analysis
2 17 (41.46%) GAP Analysis
3 10 (24.39%) Agile Software Development
3 10 (24.39%) Electronic Trading
4 8 (19.51%) Waterfall
5 7 (17.07%) Stakeholder Management
6 4 (9.76%) Asset Management
6 4 (9.76%) Data Analysis
6 4 (9.76%) Workflow
7 3 (7.32%) E-Commerce
7 3 (7.32%) Identity Management
7 3 (7.32%) PRINCE2
7 3 (7.32%) Scrum
8 2 (4.88%) Analytics
8 2 (4.88%) Data Validation
8 2 (4.88%) Investment Management
8 2 (4.88%) Process Improvement
8 2 (4.88%) Project Management
8 2 (4.88%) Risk Analytics
8 2 (4.88%) Risk Management
Programming Languages
1 9 (21.95%) SQL
2 1 (2.44%) Java
2 1 (2.44%) VB
Qualifications
1 2 (4.88%) Computer Science Degree
1 2 (4.88%) Degree
1 2 (4.88%) PMI Certification
1 2 (4.88%) PMP
2 1 (2.44%) PRINCE2 Certification
Quality Assurance & Compliance
1 3 (7.32%) GDPR
2 2 (4.88%) MiFID
3 1 (2.44%) Basel III
3 1 (2.44%) CRD IV
3 1 (2.44%) Dodd-Frank
3 1 (2.44%) EMIR
3 1 (2.44%) FINREP
3 1 (2.44%) ISO/IEC 27001
System Software
1 2 (4.88%) Active Directory
Vendors
1 3 (7.32%) Charles River
2 2 (4.88%) Google
3 1 (2.44%) Bloomberg
3 1 (2.44%) iManage
3 1 (2.44%) ION Trading
3 1 (2.44%) Microgen
3 1 (2.44%) Oracle
3 1 (2.44%) ServiceNow
3 1 (2.44%) Tradeweb