Period
to 21 April 2021

The median contractor rate for a Business Analyst was £500 per day in advertised job vacancies in London during the 6 months to 21 April 2021.

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
21 Apr 2021
Same period 2020 Same period 2019
Rank 41 54 42
Rank change year-on-year +13 -12 -12
Contract jobs requiring a Business Analyst 1,198 1,049 2,287
As % of all contract jobs advertised in London 5.41% 4.51% 5.42%
As % of the Job Titles category 5.85% 4.83% 5.73%
Number of daily rates quoted 894 774 1,665
10th Percentile £350 £363 £363
25th Percentile £407 £413 £413
Median daily rate (50th Percentile) £500 £489 £500
Median % change year-on-year +2.30% -2.25% +3.09%
75th Percentile £588 £574 £575
90th Percentile £650 £625 £638
England median daily rate £463 £450 £450
% change year-on-year +2.78% - -
Number of hourly rates quoted 9 3 3
10th Percentile £27.00 £36.65 £28.38
25th Percentile £35.75 £42.13 £34.30
Median hourly rate £42.50 £52.50 £46.40
Median % change year-on-year -19.05% +13.16% +10.46%
75th Percentile £47.25 £59.63 £50.31
90th Percentile £56.70 £63.15 £51.33
England median hourly rate £36.50 £52.50 £36.25
% change year-on-year -30.48% +44.83% -19.44%

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 20,494 21,710 39,887
% of contract IT jobs with a recognized job title 92.54% 93.39% 94.57%
Number of daily rates quoted 14,818 15,742 28,985
10th Percentile £325 £300 £313
25th Percentile £414 £413 £413
Median daily rate (50th Percentile) £523 £500 £500
Median % change year-on-year +4.50% - -
75th Percentile £619 £600 £600
90th Percentile £700 £688 £675
England median daily rate £475 £475 £475
Number of hourly rates quoted 206 296 467
10th Percentile £16.19 £12.88 £12.25
25th Percentile £21.25 £16.91 £15.00
Median hourly rate £31.18 £24.00 £20.75
Median % change year-on-year +29.90% +15.66% +1.12%
75th Percentile £51.56 £47.04 £34.51
90th Percentile £66.50 £61.25 £48.15
England median hourly rate £22.00 £18.70 £18.00
% change year-on-year +17.65% +3.89% +1.12%

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 21 April 2021.

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 21 April 2021.

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 21 April 2021. 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 +10 176 £500 - 24
West London +6 18 £500 +14.29% 8
South London +30 4 £530 +11.58% 2
East London +14 2 £495 +26.52% 4
North London +7 1 - -
Business Analyst
England

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

For the 6 months to 21 April 2021, 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.

1 479 (39.98%) Finance
2 410 (34.22%) Agile Software Development
3 381 (31.80%) Business Analysis
4 215 (17.95%) Requirements Gathering
5 199 (16.61%) Banking
6 189 (15.78%) Stakeholder Management
7 165 (13.77%) SQL
8 155 (12.94%) User Stories
9 150 (12.52%) Analytical Skills
10 122 (10.18%) Front Office
11 118 (9.85%) Change Management
12 112 (9.35%) Problem-Solving
13 91 (7.60%) Digital Transformation Programme
14 89 (7.43%) Security Cleared
15 88 (7.35%) Scrum
16 81 (6.76%) User Acceptance Testing
16 81 (6.76%) Data Analysis
16 81 (6.76%) JIRA
17 80 (6.68%) Project Management
18 77 (6.43%) Investment Banking
19 75 (6.26%) Business Intelligence
20 73 (6.09%) Microsoft Excel
20 73 (6.09%) Azure
20 73 (6.09%) Acceptance Criteria
21 72 (6.01%) Asset Management
22 71 (5.93%) Retail
23 68 (5.68%) Derivative
24 67 (5.59%) SC Cleared
24 67 (5.59%) Migration
25 66 (5.51%) Workshop Facilitation

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 51 (4.26%) Confluence
2 13 (1.09%) SharePoint
3 10 (0.83%) CMS
4 2 (0.17%) Apache
4 2 (0.17%) Apache Airflow
4 2 (0.17%) Apache Spark
4 2 (0.17%) Oracle Workflow
5 1 (0.083%) Adobe Experience Manager
5 1 (0.083%) ArcGIS
5 1 (0.083%) Camunda
5 1 (0.083%) Jadu
5 1 (0.083%) MTS
5 1 (0.083%) Mule
5 1 (0.083%) SAS
5 1 (0.083%) Skype for Business
5 1 (0.083%) WebSphere
Applications
1 73 (6.09%) Microsoft Excel
2 45 (3.76%) MS Visio
3 30 (2.50%) Microsoft Office
3 30 (2.50%) Microsoft PowerPoint
4 6 (0.50%) Spreadsheet
5 2 (0.17%) Microsoft Project
5 2 (0.17%) SPSS
Business Applications
1 15 (1.25%) Markit EDM
2 10 (0.83%) Eagle PACE
2 10 (0.83%) Oracle ERP
2 10 (0.83%) SAP S/4HANA
3 6 (0.50%) NetSuite
3 6 (0.50%) Oracle Receivables
4 5 (0.42%) Oracle EBS
4 5 (0.42%) Shopify
5 4 (0.33%) Dynamics CRM
5 4 (0.33%) Dynamics NAV
5 4 (0.33%) Hyperion Planning
5 4 (0.33%) Oracle FAH
5 4 (0.33%) Oracle Payables
6 3 (0.25%) Aligne
6 3 (0.25%) Oracle General Ledger
6 3 (0.25%) Salesforce.com CRM
6 3 (0.25%) Temenos T24
7 2 (0.17%) Loan IQ
7 2 (0.17%) Magento
7 2 (0.17%) Oracle EBS R12
Cloud Services
1 73 (6.09%) Azure
2 30 (2.50%) Power Platform
3 28 (2.34%) AWS
4 21 (1.75%) SaaS
5 17 (1.42%) Microsoft 365
6 14 (1.17%) GCP
7 13 (1.09%) Dynamics 365
8 9 (0.75%) Salesforce Sales Cloud
9 8 (0.67%) Salesforce Service Cloud
10 6 (0.50%) Azure Synapse Analytics
11 5 (0.42%) Apigee
11 5 (0.42%) Serverless
12 4 (0.33%) FinancialForce
13 3 (0.25%) Azure Stack
13 3 (0.25%) SuccessFactors
14 2 (0.17%) Azure Functions
14 2 (0.17%) IaaS
14 2 (0.17%) IBM Blueworks
14 2 (0.17%) PaaS
14 2 (0.17%) Taleo
Communications & Networking
1 9 (0.75%) FIX Connectivity
2 7 (0.58%) Internet
3 5 (0.42%) 5G
3 5 (0.42%) Network Security
4 3 (0.25%) Firewall
4 3 (0.25%) WAN
5 2 (0.17%) 2G
5 2 (0.17%) 3GPP
5 2 (0.17%) GSM
5 2 (0.17%) LAN
5 2 (0.17%) MVNO
5 2 (0.17%) Packet Switching
5 2 (0.17%) Skype
5 2 (0.17%) Unified Communications
6 1 (0.083%) FTP
6 1 (0.083%) HTTP
6 1 (0.083%) Intelligent Network
6 1 (0.083%) RTP
6 1 (0.083%) SD-WAN
6 1 (0.083%) VPN
Database & Business Intelligence
1 30 (2.50%) Power BI
2 24 (2.00%) Data Warehouse
3 14 (1.17%) Tableau
4 12 (1.00%) SQL Server
5 8 (0.67%) Big Data
6 7 (0.58%) Data Lake
6 7 (0.58%) Relational Database
7 5 (0.42%) Qlik Sense
8 4 (0.33%) Enterprise Data Warehouse
8 4 (0.33%) Essbase
8 4 (0.33%) MS Access
8 4 (0.33%) Oracle ODI
8 4 (0.33%) Oracle Smart View
8 4 (0.33%) QlikView
8 4 (0.33%) SQL Server Reporting Services
9 3 (0.25%) Data Mart
9 3 (0.25%) Oracle Reports
9 3 (0.25%) Spotfire
9 3 (0.25%) SQL Server Integration Services
10 2 (0.17%) Data Mining
Development Applications
1 81 (6.76%) JIRA
2 11 (0.92%) Eclipse
3 8 (0.67%) Cucumber
4 4 (0.33%) SQL Server Management Studio (SSMS)
5 3 (0.25%) Team Foundation Server
6 2 (0.17%) Git (software)
6 2 (0.17%) Oracle Forms
6 2 (0.17%) Postman
6 2 (0.17%) Selenium
6 2 (0.17%) TestComplete
6 2 (0.17%) Visual Studio Team System
7 1 (0.083%) Hudson
7 1 (0.083%) Jenkins
7 1 (0.083%) XMLSpy
General
1 479 (39.98%) Finance
2 199 (16.61%) Banking
3 122 (10.18%) Front Office
4 77 (6.43%) Investment Banking
5 71 (5.93%) Retail
6 48 (4.01%) Public Sector
7 36 (3.01%) Legal
8 34 (2.84%) Back Office
9 24 (2.00%) Marketing
10 21 (1.75%) Financial Institution
11 17 (1.42%) Telecoms
12 14 (1.17%) Pharmaceutical
13 13 (1.09%) General Ledger
14 11 (0.92%) Manufacturing
15 9 (0.75%) Local Government
15 9 (0.75%) Publishing
16 8 (0.67%) Advertising
16 8 (0.67%) Law
17 6 (0.50%) French Language
17 6 (0.50%) Retail Banking
Libraries, Frameworks & Software Standards
1 16 (1.34%) XML
2 11 (0.92%) FIX Protocol
3 9 (0.75%) .NET
3 9 (0.75%) JSON
4 8 (0.67%) Swagger
5 7 (0.58%) Oracle Fusion
5 7 (0.58%) REST
6 6 (0.50%) Gherkin
6 6 (0.50%) SailPoint
7 5 (0.42%) YAML
8 4 (0.33%) XSLT
9 3 (0.25%) FpML
9 3 (0.25%) Kafka
9 3 (0.25%) Murex MxML
9 3 (0.25%) Node.js
10 2 (0.17%) RESTful
10 2 (0.17%) XML Messaging
11 1 (0.083%) LDAP
11 1 (0.083%) Middleware
11 1 (0.083%) XML Schema
Miscellaneous
1 150 (12.52%) Analytical Skills
2 68 (5.68%) Derivative
3 44 (3.67%) User Experience
4 42 (3.51%) Foreign Exchange (FX)
5 39 (3.26%) Equities
6 34 (2.84%) Management Information System
7 33 (2.75%) Hedge funds
8 31 (2.59%) Fixed Income
9 20 (1.67%) Data Structures
9 20 (1.67%) Reinsurance
10 19 (1.59%) Equity Derivative
10 19 (1.59%) Organisational Skills
10 19 (1.59%) Reference Data
11 17 (1.42%) Virtual Team
12 16 (1.34%) Market Risk
13 15 (1.25%) Credit Risk
14 12 (1.00%) Self-Motivation
15 10 (0.83%) Credit Derivative
16 8 (0.67%) Analytical Mindset
16 8 (0.67%) Greenfield Project
Operating Systems
1 12 (1.00%) Windows
2 6 (0.50%) Linux
2 6 (0.50%) Unix
2 6 (0.50%) Windows 10
3 3 (0.25%) Windows Server
Processes & Methodologies
1 410 (34.22%) Agile Software Development
2 381 (31.80%) Business Analysis
3 215 (17.95%) Requirements Gathering
4 189 (15.78%) Stakeholder Management
5 155 (12.94%) User Stories
6 118 (9.85%) Change Management
7 112 (9.35%) Problem-Solving
8 91 (7.60%) Digital Transformation Programme
9 88 (7.35%) Scrum
10 81 (6.76%) Data Analysis
10 81 (6.76%) User Acceptance Testing
11 80 (6.68%) Project Management
12 75 (6.26%) Business Intelligence
13 73 (6.09%) Acceptance Criteria
14 72 (6.01%) Asset Management
15 67 (5.59%) Migration
16 66 (5.51%) Workshop Facilitation
17 65 (5.43%) Waterfall
18 64 (5.34%) Analytics
19 62 (5.18%) Investment Management
Programming Languages
1 165 (13.77%) SQL
2 40 (3.34%) Python
3 13 (1.09%) JavaScript
4 12 (1.00%) Java
5 11 (0.92%) VBA
6 9 (0.75%) C#
7 7 (0.58%) C
8 3 (0.25%) T-SQL
8 3 (0.25%) VB
9 2 (0.17%) PL/SQL
9 2 (0.17%) PowerShell
9 2 (0.17%) R
10 1 (0.083%) Bash Shell
10 1 (0.083%) Data Analysis Expressions (DAX)
10 1 (0.083%) VBScript
Qualifications
1 89 (7.43%) Security Cleared
2 67 (5.59%) SC Cleared
3 65 (5.43%) Degree
4 25 (2.09%) DV Cleared
5 13 (1.09%) ISEB
6 9 (0.75%) ACCA
7 8 (0.67%) CIMA
7 8 (0.67%) FFIEC
8 7 (0.58%) Computer Science Degree
9 6 (0.50%) PMI Certification
10 5 (0.42%) CBAP
10 5 (0.42%) IIBA
10 5 (0.42%) PMP
11 4 (0.33%) Master's Degree
11 4 (0.33%) MBA
11 4 (0.33%) Numerate Degree
12 2 (0.17%) BPSS Clearance
13 1 (0.083%) CISM
13 1 (0.083%) PRINCE2 Practitioner
13 1 (0.083%) Six Sigma Green Belt
Quality Assurance & Compliance
1 47 (3.92%) QA
2 19 (1.59%) IFRS
3 18 (1.50%) MiFID
4 17 (1.42%) GDPR
5 16 (1.34%) Data Quality
6 15 (1.25%) COREP
7 12 (1.00%) COBIT
7 12 (1.00%) NIST
8 10 (0.83%) PMO
9 9 (0.75%) FATCA
10 8 (0.67%) EMIR
11 6 (0.50%) FINREP
11 6 (0.50%) IFRS 9
12 5 (0.42%) ISO 20022
12 5 (0.42%) PSD2
13 4 (0.33%) Solvency II
14 3 (0.25%) Actionable Recommendations
14 3 (0.25%) Dodd-Frank
14 3 (0.25%) GAAP
14 3 (0.25%) ISO/IEC 27001
System Software
1 6 (0.50%) Active Directory
Systems Management
1 4 (0.33%) HP ALM
2 2 (0.17%) CASB
2 2 (0.17%) RSA Archer
3 1 (0.083%) Single Sign-On
Vendors
1 62 (5.18%) Salesforce.com
2 56 (4.67%) Microsoft
3 37 (3.09%) SAP
4 35 (2.92%) Oracle
5 20 (1.67%) Murex
6 16 (1.34%) Bloomberg
7 15 (1.25%) Charles River
8 11 (0.92%) Databricks
9 10 (0.83%) Google
10 7 (0.58%) hybris
10 7 (0.58%) ServiceNow
11 6 (0.50%) Atlassian
11 6 (0.50%) Workday
12 5 (0.42%) Informatica
13 4 (0.33%) Alteryx
13 4 (0.33%) CyberArk
13 4 (0.33%) Hyperion
13 4 (0.33%) JD Edwards
13 4 (0.33%) MuleSoft
13 4 (0.33%) SimCorp