Period
to 20 January 2018

The median contractor rate for an Investment Banking Business Analyst was £575 per day in advertised job vacancies in London during the 6 months to 20 January 2018.

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 - Investment Banking
England > London
6 months to
20 Jan 2018
Same period 2017 Same period 2016
Rank 528 507 428
Rank change year-on-year -21 -79 +43
Contract jobs requiring an Investment Banking Business Analyst 93 88 178
As % of all contract IT jobs advertised in London 0.20% 0.21% 0.40%
As % of the Job Titles category 0.21% 0.22% 0.42%
Number of daily rates quoted 68 67 107
London median daily rate £575 £525 £550
Median daily rate % change year-on-year +9.52% -4.55% -
10th Percentile £450 £425 £463
90th Percentile £688 £713 £638
England median daily rate £575 £530 £550
% change year-on-year +8.49% -3.64% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

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 43,689 39,735 42,057
% of contract IT jobs with a recognized job title 94.74% 94.99% 95.12%
Number of daily rates quoted 31,797 28,311 29,659
London median daily rate £500 £465 £450
Median daily rate % change year-on-year +7.53% +3.33% +5.88%
10th Percentile £300 £300 £275
90th Percentile £669 £644 £638
England median daily rate £450 £425 £415
% change year-on-year +5.88% +2.41% +3.75%
Number of hourly rates quoted 567 558 646
London median hourly rate £19.50 £20.50 £19.00
Median hourly rate % change year-on-year -4.88% +7.89% +8.57%
10th Percentile £12.00 £11.77 £11.17
90th Percentile £47.83 £51.25 £47.83
England median hourly rate £18.38 £18.50 £18.50
% change year-on-year -0.68% - +12.12%

Investment Banking Business Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Investment Banking Business Analyst in London

Investment Banking Business Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Investment Banking Business Analyst in London

Investment Banking Business Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Investment Banking Business Analyst in London over the 6 months to 20 January 2018.

Contractor daily rate histogram for Investment Banking Business Analyst in London

Investment Banking Business Analyst
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Investment Banking Business Analyst in London.

Contractor hourly rate trend for Investment Banking Business Analyst in London

Investment Banking 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 Investment Banking Business Analyst within the London region over the 6 months to 20 January 2018. 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 -26 7 £425 -23.94%
East London -17 2 £630 +21.15%
South London - 2 £551 -
Investment Banking Business Analyst
England

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

For the 6 months to 20 January 2018, Investment 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 London region featuring Investment Banking Business Analyst in the job title.

1 84 (90.32%) Banking
2 71 (76.34%) Investment Banking
3 50 (53.76%) Finance
4 37 (39.78%) Business Analysis
5 27 (29.03%) Front Office
6 26 (27.96%) Stakeholder Management
6 26 (27.96%) Fixed Income
7 24 (25.81%) SQL
8 22 (23.66%) Derivative
9 19 (20.43%) User Acceptance Testing
9 19 (20.43%) Foreign Exchange (FX)
10 18 (19.35%) Credit Risk
10 18 (19.35%) Agile Software Development
11 16 (17.20%) Degree
11 16 (17.20%) Master's Degree
12 15 (16.13%) Equities
12 15 (16.13%) GAP Analysis
13 14 (15.05%) Market Risk
14 13 (13.98%) MiFID
15 12 (12.90%) Analytics
15 12 (12.90%) Data Analysis
15 12 (12.90%) Stress Testing
15 12 (12.90%) Risk Management
15 12 (12.90%) VBA
15 12 (12.90%) Python
16 11 (11.83%) Back Office
16 11 (11.83%) Scrum
16 11 (11.83%) Target Operating Model
16 11 (11.83%) SDLC
17 10 (10.75%) R

Investment Banking 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 1 (1.08%) IBM Notes
1 1 (1.08%) SAS
Applications
1 7 (7.53%) MS Visio
2 6 (6.45%) Microsoft Excel
3 3 (3.23%) Microsoft Office
3 3 (3.23%) Microsoft PowerPoint
4 2 (2.15%) Microsoft Project
Business Applications
1 6 (6.45%) ION MarketView
Database & Business Intelligence
1 5 (5.38%) Blockchain
2 2 (2.15%) Big Data
2 2 (2.15%) Data Warehouse
2 2 (2.15%) MS Access
2 2 (2.15%) SQL Server
3 1 (1.08%) Data Lake
3 1 (1.08%) DB2
3 1 (1.08%) Hadoop
3 1 (1.08%) QlikView
3 1 (1.08%) Relational Database
3 1 (1.08%) SAS EBI
Development Applications
1 1 (1.08%) Balsamiq Mockups
1 1 (1.08%) JIRA
General
1 84 (90.32%) Banking
2 71 (76.34%) Investment Banking
3 50 (53.76%) Finance
4 27 (29.03%) Front Office
5 11 (11.83%) Back Office
6 6 (6.45%) Financial Institution
7 1 (1.08%) French Language
7 1 (1.08%) General Ledger
7 1 (1.08%) Legal
7 1 (1.08%) Prime Brokerage
Libraries, Frameworks & Software Standards
1 6 (6.45%) XML
2 2 (2.15%) CSS
2 2 (2.15%) FIX Protocol
2 2 (2.15%) HTML
3 1 (1.08%) Middleware
Miscellaneous
1 26 (27.96%) Fixed Income
2 22 (23.66%) Derivative
3 19 (20.43%) Foreign Exchange (FX)
4 18 (19.35%) Credit Risk
5 15 (16.13%) Equities
6 14 (15.05%) Market Risk
7 7 (7.53%) Analytical Skills
8 5 (5.38%) Greenfield Project
9 4 (4.30%) Credit Derivative
10 1 (1.08%) Client/Server
10 1 (1.08%) Contract for Difference
10 1 (1.08%) Equity Derivative
10 1 (1.08%) OTC Derivatives
10 1 (1.08%) Swaptions
Operating Systems
1 1 (1.08%) Unix
Processes & Methodologies
1 37 (39.78%) Business Analysis
2 26 (27.96%) Stakeholder Management
3 19 (20.43%) User Acceptance Testing
4 18 (19.35%) Agile Software Development
5 15 (16.13%) GAP Analysis
6 12 (12.90%) Analytics
6 12 (12.90%) Data Analysis
6 12 (12.90%) Risk Management
6 12 (12.90%) Stress Testing
7 11 (11.83%) Scrum
7 11 (11.83%) SDLC
7 11 (11.83%) Target Operating Model
8 10 (10.75%) Electronic Trading
8 10 (10.75%) Project Management
9 9 (9.68%) Data Modelling
9 9 (9.68%) Migration
10 7 (7.53%) Change Management
10 7 (7.53%) UML
11 6 (6.45%) Regression Testing
11 6 (6.45%) Software Testing
Programming Languages
1 24 (25.81%) SQL
2 12 (12.90%) Python
2 12 (12.90%) VBA
3 10 (10.75%) R
4 4 (4.30%) Java
5 2 (2.15%) PHP
6 1 (1.08%) C++
6 1 (1.08%) PL/SQL
6 1 (1.08%) XQuery
Qualifications
1 16 (17.20%) Degree
1 16 (17.20%) Master's Degree
Quality Assurance & Compliance
1 13 (13.98%) MiFID
2 7 (7.53%) GDPR
3 5 (5.38%) QA
4 3 (3.23%) Dodd-Frank
4 3 (3.23%) EMIR
5 2 (2.15%) Data Quality
6 1 (1.08%) Basel II
6 1 (1.08%) Basel III
6 1 (1.08%) COREP
6 1 (1.08%) CRD IV
6 1 (1.08%) FATCA
Systems Management
1 1 (1.08%) HP Quality Center
1 1 (1.08%) ITRS Geneos
1 1 (1.08%) Nagios
Vendors
1 7 (7.53%) ION Trading
2 6 (6.45%) Microsoft
3 3 (3.23%) Cognos
4 2 (2.15%) Oracle
5 1 (1.08%) AppDynamics
5 1 (1.08%) Bloomberg
5 1 (1.08%) CA
5 1 (1.08%) Calypso
5 1 (1.08%) Cloudera
5 1 (1.08%) Dynatrace
5 1 (1.08%) Fidessa
5 1 (1.08%) FIS
5 1 (1.08%) IBM
5 1 (1.08%) Lotus
5 1 (1.08%) Murex
5 1 (1.08%) Salesforce.com
5 1 (1.08%) SmartStream
5 1 (1.08%) Splunk
5 1 (1.08%) Sybase
5 1 (1.08%) Tradeweb