Period
to 5 December 2020

The median contractor rate for a Business Analyst was £500 per day in advertised job vacancies in London during the 6 months to 5 December 2020.

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
England > London
6 months to
5 Dec 2020
Same period 2019 Same period 2018
Rank 47 48 44
Rank change year-on-year +1 -4 -21
Contract jobs requiring a Business Analyst 826 1,701 2,428
As % of all contract jobs advertised in London 5.05% 4.87% 5.20%
As % of the Job Titles category 5.52% 5.21% 5.48%
Number of daily rates quoted 710 1,262 1,750
Median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% -2.06%
10th Percentile £350 £363 £360
90th Percentile £650 £631 £638
England median daily rate £450 £450 £450
Number of hourly rates quoted 12 8 4
Median hourly rate £35.00 £35.00 £28.75
Median hourly rate % change year-on-year - +21.74% -50.00%
England median hourly rate £35.00 £46.75 £35.00
% change year-on-year -25.13% +33.57% -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in 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
London
Contract vacancies in London with a recognized job title 14,974 32,638 44,302
% of contract IT jobs with a recognized job title 91.61% 93.52% 94.83%
Number of daily rates quoted 10,137 23,403 32,029
Median daily rate £500 £500 £500
10th Percentile £313 £300 £313
90th Percentile £700 £675 £675
England median daily rate £475 £463 £455
% change year-on-year +2.70% +1.65% +1.11%
Number of hourly rates quoted 208 477 617
Median hourly rate £35.00 £21.56 £20.00
Median hourly rate % change year-on-year +62.34% +7.80% -2.44%
10th Percentile £20.70 £12.44 £12.65
90th Percentile £58.23 £53.75 £53.75
Median hourly rate £30.00 £19.31 £18.38
% change year-on-year +55.36% +5.07% -1.72%

Business Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Business Analyst in London

Business Analyst
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Business Analyst in London.

Daily rate trend for Business Analyst in London

Business Analyst
Daily Rate Histogram in London

Daily rate distribution for jobs citing Business Analyst in London over the 6 months to 5 December 2020.

Daily rate histogram for Business Analyst in London

Business Analyst
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Business Analyst in London.

Hourly rate trend for Business Analyst in London

Business Analyst
Hourly Rate Histogram in London

Hourly rate distribution of jobs citing Business Analyst in London over the 6 months to 5 December 2020.

Hourly rate histogram for Business Analyst in London

Business Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Business Analyst within the London region over the 6 months to 5 December 2020. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London +18 136 £475 -5.00% 8
West London +22 21 £413 +3.13% 3
North London +11 5 £400 -23.81%
East London +33 3 £450 -5.51% 2
South London -8 3 £494 +3.95%
Business Analyst
England

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

For the 6 months to 5 December 2020, Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Business Analyst in the job title.

1 311 (37.65%) Finance
2 262 (31.72%) Agile Software Development
3 251 (30.39%) Business Analysis
4 160 (19.37%) Requirements Gathering
5 157 (19.01%) Banking
6 142 (17.19%) Stakeholder Management
7 119 (14.41%) User Stories
8 99 (11.99%) Analytical Skills
9 94 (11.38%) SQL
10 89 (10.77%) Workshop Facilitation
11 88 (10.65%) Security Cleared
12 82 (9.93%) Change Management
13 78 (9.44%) Migration
14 67 (8.11%) Front Office
14 67 (8.11%) Data Analysis
14 67 (8.11%) Investment Banking
15 65 (7.87%) SC Cleared
15 65 (7.87%) JIRA
16 64 (7.75%) Scrum
16 64 (7.75%) Project Management
17 63 (7.63%) User Acceptance Testing
18 61 (7.38%) Problem-Solving
19 56 (6.78%) Business Intelligence
20 55 (6.66%) Project Delivery
21 54 (6.54%) Digital Transformation Programme
22 53 (6.42%) Azure
22 53 (6.42%) Data Modelling
23 47 (5.69%) Derivative
24 44 (5.33%) Microsoft Excel
24 44 (5.33%) Acceptance Criteria

Business Analyst Skill Set
Co-occurring IT Skills in 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 38 (4.60%) Confluence
2 21 (2.54%) SharePoint
3 9 (1.09%) CMS
4 3 (0.36%) JBoss
5 2 (0.24%) Adobe Experience Manager
5 2 (0.24%) IBM HTTP Server
6 1 (0.12%) Alfresco
6 1 (0.12%) BizTalk Server
6 1 (0.12%) Drupal
6 1 (0.12%) Moodle
6 1 (0.12%) Oracle SOA Suite
6 1 (0.12%) SAS
Applications
1 44 (5.33%) Microsoft Excel
2 34 (4.12%) MS Visio
3 24 (2.91%) Microsoft PowerPoint
4 17 (2.06%) Microsoft Office
5 9 (1.09%) Spreadsheet
6 2 (0.24%) Microsoft Project
7 1 (0.12%) Figma
Business Applications
1 8 (0.97%) SAP S/4HANA
2 6 (0.73%) Endur
3 5 (0.61%) Dynamics CRM
4 4 (0.48%) Front Arena
4 4 (0.48%) SAP CO
4 4 (0.48%) SAP FI
4 4 (0.48%) SAP FI/CO
4 4 (0.48%) SAP Hybris
4 4 (0.48%) Temenos T24
5 3 (0.36%) Bloomberg AIM
5 3 (0.36%) Markit EDM
5 3 (0.36%) NetSuite
5 3 (0.36%) Oracle ERP
6 2 (0.24%) Aligne
6 2 (0.24%) Maximo
6 2 (0.24%) Oracle EBS
6 2 (0.24%) ReMetrica
6 2 (0.24%) SAP SD
6 2 (0.24%) Temenos Globus
6 2 (0.24%) Workday HCM
Cloud Services
1 53 (6.42%) Azure
2 25 (3.03%) Power Platform
3 8 (0.97%) AWS
3 8 (0.97%) SaaS
4 7 (0.85%) GCP
4 7 (0.85%) Office 365
5 6 (0.73%) Dynamics 365
6 4 (0.48%) FinancialForce
7 3 (0.36%) Azure Stack
7 3 (0.36%) Logic Apps
8 2 (0.24%) IaaS
8 2 (0.24%) PaaS
8 2 (0.24%) Smartsheet
8 2 (0.24%) Taleo
9 1 (0.12%) Azure Active Directory
9 1 (0.12%) Force.com
9 1 (0.12%) Lucidchart
9 1 (0.12%) PowerApps
9 1 (0.12%) Salesforce Service Cloud
9 1 (0.12%) SuccessFactors
Communications & Networking
1 5 (0.61%) FIX Connectivity
2 4 (0.48%) Internet
2 4 (0.48%) SAN
2 4 (0.48%) Wi-Fi
3 2 (0.24%) FTP
3 2 (0.24%) LAN
3 2 (0.24%) WAN
4 1 (0.12%) Broadband
4 1 (0.12%) NAS
4 1 (0.12%) Skype
4 1 (0.12%) Unified Communications
4 1 (0.12%) VLAN
Database & Business Intelligence
1 40 (4.84%) Data Warehouse
2 21 (2.54%) Power BI
3 14 (1.69%) Data Lake
4 12 (1.45%) SQL Server
5 7 (0.85%) Big Data
5 7 (0.85%) Data Mining
5 7 (0.85%) Tableau
6 6 (0.73%) Qlik Sense
6 6 (0.73%) QlikView
7 5 (0.61%) Oracle Database
8 4 (0.48%) BusinessObjects
8 4 (0.48%) BusinessObjects Business Intelligence
8 4 (0.48%) Geospatial Data
8 4 (0.48%) Oracle Database 12c
8 4 (0.48%) Oracle Reports
8 4 (0.48%) SQL Server Integration Services
9 3 (0.36%) Data Mart
9 3 (0.36%) Electronic Patient Records
9 3 (0.36%) Enterprise Data Warehouse
9 3 (0.36%) Snowflake Schema
Development Applications
1 65 (7.87%) JIRA
2 8 (0.97%) Team Foundation Server
3 2 (0.24%) Eclipse
3 2 (0.24%) Git (software)
4 1 (0.12%) Hudson
4 1 (0.12%) Jenkins
4 1 (0.12%) Oracle Forms
4 1 (0.12%) Postman
4 1 (0.12%) XMLSpy
General
1 311 (37.65%) Finance
2 157 (19.01%) Banking
3 67 (8.11%) Front Office
3 67 (8.11%) Investment Banking
4 42 (5.08%) Retail
5 41 (4.96%) Public Sector
6 37 (4.48%) Back Office
7 29 (3.51%) Legal
8 23 (2.78%) Marketing
9 16 (1.94%) Retail Banking
10 15 (1.82%) Pharmaceutical
11 14 (1.69%) Manufacturing
12 10 (1.21%) Telecoms
13 9 (1.09%) Corporate Banking
13 9 (1.09%) Financial Institution
14 8 (0.97%) Local Government
15 7 (0.85%) Advertising
16 6 (0.73%) International Banking
17 4 (0.48%) German Language
17 4 (0.48%) Law
Libraries, Frameworks & Software Standards
1 17 (2.06%) XML
2 10 (1.21%) Oracle Fusion
3 9 (1.09%) .NET
3 9 (1.09%) Middleware
4 7 (0.85%) FIX Protocol
5 6 (0.73%) FpML
6 5 (0.61%) JSON
7 4 (0.48%) Gherkin
7 4 (0.48%) SailPoint
8 3 (0.36%) ADO
8 3 (0.36%) Murex MxML
9 2 (0.24%) J2EE
9 2 (0.24%) Node.js
9 2 (0.24%) REST
9 2 (0.24%) Velocity
9 2 (0.24%) Web Services
9 2 (0.24%) WebCenter
10 1 (0.12%) AngularJS
10 1 (0.12%) Kafka
10 1 (0.12%) Natural Language Processing
Miscellaneous
1 99 (11.99%) Analytical Skills
2 47 (5.69%) Derivative
3 36 (4.36%) Management Information System
4 35 (4.24%) Fixed Income
5 26 (3.15%) Foreign Exchange (FX)
6 24 (2.91%) User Experience
7 23 (2.78%) Equities
8 20 (2.42%) Virtual Team
9 16 (1.94%) Self-Motivation
10 12 (1.45%) Market Risk
11 11 (1.33%) Greenfield Project
11 11 (1.33%) Hedge funds
11 11 (1.33%) NHS
12 10 (1.21%) OTC Derivatives
13 9 (1.09%) Credit Risk
14 8 (0.97%) Analytical Mindset
14 8 (0.97%) Data Structures
14 8 (0.97%) FMCG
15 7 (0.85%) Credit Derivative
16 5 (0.61%) Contract for Difference
Operating Systems
1 12 (1.45%) Windows
2 5 (0.61%) Unix
3 4 (0.48%) Windows 10
4 3 (0.36%) Linux
4 3 (0.36%) Windows Server
5 2 (0.24%) VMS
5 2 (0.24%) Windows 7
6 1 (0.12%) Windows 8
6 1 (0.12%) Windows Server 2016
6 1 (0.12%) Windows Server 2019
Processes & Methodologies
1 262 (31.72%) Agile Software Development
2 251 (30.39%) Business Analysis
3 160 (19.37%) Requirements Gathering
4 142 (17.19%) Stakeholder Management
5 119 (14.41%) User Stories
6 89 (10.77%) Workshop Facilitation
7 82 (9.93%) Change Management
8 78 (9.44%) Migration
9 67 (8.11%) Data Analysis
10 64 (7.75%) Project Management
10 64 (7.75%) Scrum
11 63 (7.63%) User Acceptance Testing
12 61 (7.38%) Problem-Solving
13 56 (6.78%) Business Intelligence
14 55 (6.66%) Project Delivery
15 54 (6.54%) Digital Transformation Programme
16 53 (6.42%) Data Modelling
17 44 (5.33%) Acceptance Criteria
18 43 (5.21%) Risk Management
19 41 (4.96%) Asset Management
Programming Languages
1 94 (11.38%) SQL
2 15 (1.82%) C
3 13 (1.57%) Python
4 11 (1.33%) VBA
5 6 (0.73%) Java
5 6 (0.73%) VB
6 4 (0.48%) PL/SQL
6 4 (0.48%) XPath
6 4 (0.48%) XQuery
7 3 (0.36%) JavaScript
8 1 (0.12%) Data Analysis Expressions (DAX)
8 1 (0.12%) Perl
8 1 (0.12%) PHP
8 1 (0.12%) R
8 1 (0.12%) Shell Script
8 1 (0.12%) T-SQL
Qualifications
1 88 (10.65%) Security Cleared
2 65 (7.87%) SC Cleared
3 21 (2.54%) DV Cleared
4 15 (1.82%) Degree
5 14 (1.69%) ISEB
6 4 (0.48%) ACCA
6 4 (0.48%) FFIEC
7 3 (0.36%) BPSS Clearance
7 3 (0.36%) CIMA
8 2 (0.24%) CISM
9 1 (0.12%) CBAP
9 1 (0.12%) CISSP
9 1 (0.12%) Master's Degree
9 1 (0.12%) PMI Certification
9 1 (0.12%) PMP
9 1 (0.12%) Six Sigma Black Belt
Quality Assurance & Compliance
1 22 (2.66%) GDPR
1 22 (2.66%) QA
2 16 (1.94%) COREP
3 15 (1.82%) Data Quality
4 9 (1.09%) COBIT
4 9 (1.09%) IFRS
5 8 (0.97%) MiFID
6 6 (0.73%) FINREP
6 6 (0.73%) NIST
6 6 (0.73%) PMO
6 6 (0.73%) PSD2
7 5 (0.61%) EMIR
7 5 (0.61%) FATCA
8 4 (0.48%) RMADS
9 3 (0.36%) ISO 20022
9 3 (0.36%) SEPA
10 2 (0.24%) Basel III
10 2 (0.24%) CRD IV
10 2 (0.24%) Dodd-Frank
10 2 (0.24%) ISO 22301
System Software
1 4 (0.48%) Active Directory
2 1 (0.12%) Microsoft App-V
Systems Management
1 6 (0.73%) HP Quality Center
2 4 (0.48%) Kubernetes
3 2 (0.24%) SCCM
4 1 (0.12%) ITRS Geneos
4 1 (0.12%) QRadar
4 1 (0.12%) RSA Archer
4 1 (0.12%) Single Sign-On
4 1 (0.12%) vRealize Orchestrator
Vendors
1 43 (5.21%) Microsoft
1 43 (5.21%) SAP
2 32 (3.87%) Oracle
2 32 (3.87%) Salesforce.com
3 24 (2.91%) Murex
4 13 (1.57%) Bloomberg
5 9 (1.09%) Workday
6 6 (0.73%) HP
6 6 (0.73%) hybris
7 5 (0.61%) Google
7 5 (0.61%) OpenLink
7 5 (0.61%) ServiceNow
8 4 (0.48%) Adobe
8 4 (0.48%) Charles River
8 4 (0.48%) Hyperion
8 4 (0.48%) Informatica
9 3 (0.36%) Apttus
9 3 (0.36%) Civica
9 3 (0.36%) Cloudera
9 3 (0.36%) ION Trading