The median contractor rate for a Banking Business Analyst was £475 per day in advertised job vacancies in the East Midlands during the 3 months to 27 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
27 Mar 2017
Same period 2016 Same period 2015
Business Analyst - Banking
England / East Midlands
Rank 92 92 92
Rank change year-on-year 0 0  
Contract jobs requiring a Banking Business Analyst 7 3 6
As % of all contract IT jobs advertised in the East Midlands 0.47% 0.18% 0.36%
As % of the Job Titles category 0.49% 0.19% 0.37%
Number of daily rates quoted 7 2 6
Median daily rate £475 £463 £425
Median daily rate % change year-on-year +2.70% +8.82%  
90% offered a daily rate of more than £433 £433 £405
10% offered a daily rate of more than £501 £493 £450
UK excluding London median daily rate £438 £400 £388
% change year-on-year +9.37% +3.22%  
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 East Midlands. 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
East Midlands
Contract job vacancies with a job title containing a recognized job role 1437 1565 1620
As % of all contract IT job vacancies advertised in the East Midlands 96.51% 96.43% 96.72%
Number of daily rates quoted 889 917 888
Median daily rate £365 £375 £363
Median daily rate % change year-on-year -2.66% +3.44%  
90% offered a daily rate of more than £210 £225 £200
10% offered a daily rate of more than £525 £550 £475
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 59 62 99
Median hourly rate £14.00 £15.50 £14.50
Median hourly rate % change year-on-year -9.67% +6.89%  
90% offered a hourly rate of more than £10.45 £10.00 £10.44
10% offered a hourly rate of more than £33.00 £45.00 £22.50
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Banking Business Analyst
Job Vacancy Trend in the East Midlands

The job posting trend of jobs advertised in the East Midlands that featured Banking Business Analyst in the job title.

Job vacancy trend for Banking Business Analyst in the East Midlands

Banking Business Analyst
Contractor Daily Rate Trend in the East Midlands

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking Business Analyst in the East Midlands.

Contractor daily rate trend for Banking Business Analyst in the East Midlands

Banking Business Analyst
Contract Job Locations in the East Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking Business Analyst within the East Midlands region over the 3 months to 27 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Northamptonshire 0 7 £475 +2.70%
Banking Business Analyst
England

Banking Business Analyst Skill Set
Top 30 Related IT Skills in the East Midlands

For the 6 months to 27 March 2017, 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 East Midlands region featuring Banking Business Analyst in the job title.

1 11 (100.00%) Banking
2 8 (72.73%) Finance
3 7 (63.64%) Business Analysis
4 6 (54.55%) Stakeholder Management
4 6 (54.55%) Agile Software Development
5 4 (36.36%) User Acceptance Testing
6 3 (27.27%) Target Operating Model
7 2 (18.18%) IFRS
7 2 (18.18%) IFRS 9
7 2 (18.18%) IAS 39
7 2 (18.18%) User Stories
7 2 (18.18%) Cybersecurity
7 2 (18.18%) Planning and Forecasting
7 2 (18.18%) Stress Testing
7 2 (18.18%) Test Management
7 2 (18.18%) Data Protection
8 1 (9.09%) Migration
8 1 (9.09%) Information Security
8 1 (9.09%) Change Management
8 1 (9.09%) Linux
8 1 (9.09%) LAN
8 1 (9.09%) WAN
8 1 (9.09%) Configuration Management
8 1 (9.09%) Data Mapping
8 1 (9.09%) Spreadsheet
8 1 (9.09%) Process Improvement
8 1 (9.09%) Credit Risk
8 1 (9.09%) Document Management
8 1 (9.09%) Systems Analysis
8 1 (9.09%) Feasibility Study

Banking Business Analyst Skill Set
Top Related IT Skills in the East Midlands 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 1 (9.09%) Spreadsheet
Communications & Networking
1 1 (9.09%) LAN
1 1 (9.09%) WAN
General
1 11 (100.00%) Banking
2 8 (72.73%) Finance
Miscellaneous
1 1 (9.09%) Credit Risk
Operating Systems
1 1 (9.09%) Linux
Processes & Methodologies
1 7 (63.64%) Business Analysis
2 6 (54.55%) Agile Software Development
2 6 (54.55%) Stakeholder Management
3 4 (36.36%) User Acceptance Testing
4 3 (27.27%) Target Operating Model
5 2 (18.18%) Cybersecurity
5 2 (18.18%) Data Protection
5 2 (18.18%) Planning and Forecasting
5 2 (18.18%) Stress Testing
5 2 (18.18%) Test Management
5 2 (18.18%) User Stories
6 1 (9.09%) Change Management
6 1 (9.09%) Configuration Management
6 1 (9.09%) Customer Requirements
6 1 (9.09%) Data Mapping
6 1 (9.09%) Document Management
6 1 (9.09%) Feasibility Study
6 1 (9.09%) Information Security
6 1 (9.09%) SDLC
6 1 (9.09%) Systems Analysis
Quality Assurance & Compliance
1 2 (18.18%) IAS 39
1 2 (18.18%) IFRS
1 2 (18.18%) IFRS 9
2 1 (9.09%) FATCA