Business Analyst - Banking (Banking BA)
UK
The median Business Analyst - Banking (Banking BA) daily rate in the UK is £600 according to job vacancies posted during the 6 months to 5 May 2024.
The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.
| 6 months to 5 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 537 | 641 | 706 |
| Rank change year-on-year | +104 | +65 | -73 |
| Contract jobs requiring a Banking Business Analyst | 63 | 75 | 157 |
| As % of all contract jobs advertised in the UK | 0.15% | 0.13% | 0.18% |
| As % of the Job Titles category | 0.16% | 0.13% | 0.19% |
| Number of daily rates quoted | 21 | 43 | 83 |
| 10th Percentile | £356 | £435 | £427 |
| 25th Percentile | £513 | £474 | £467 |
| Median daily rate (50th Percentile) | £600 | £550 | £550 |
| Median % change year-on-year | +9.09% | - | +25.57% |
| 75th Percentile | £688 | £701 | £669 |
| 90th Percentile | £700 | £768 | £700 |
| UK excluding London median daily rate | £400 | £400 | £475 |
| % change year-on-year | - | -15.79% | +19.87% |
All Contract IT Job Vacancies
UK
The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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.
| Contract vacancies in the UK with a recognized job title | 40,029 | 55,895 | 84,701 |
| % of contract IT jobs with a recognized job title | 92.75% | 94.62% | 95.46% |
| Number of daily rates quoted | 26,060 | 39,048 | 59,505 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £409 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,665 | 1,566 | 2,078 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.11 | £15.72 |
| Median hourly rate | £36.50 | £45.00 | £23.60 |
| Median % change year-on-year | -18.89% | +90.68% | +4.89% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.50 | £76.00 | £63.75 |
| UK excluding London median hourly rate | £40.00 | £42.00 | £19.52 |
| % change year-on-year | -4.76% | +115.16% | +2.74% |
Banking Business Analyst
Job Vacancy Trend
Job postings that featured Banking Business Analyst in the job title as a proportion of all IT jobs advertised.
Banking Business Analyst
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Banking Business Analyst.
Banking Business Analyst
Daily Rate Histogram
Daily rate distribution for jobs citing Banking Business Analyst over the 6 months to 5 May 2024.
Banking Business Analyst
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Banking Business Analyst.
Banking Business Analyst
Top 11 Contract Locations
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 UK over the 6 months to 5 May 2024. 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 Jobs |
|---|---|---|---|---|---|
| England | +96 | 47 | £600 | +7.14% | 3 |
| London | +83 | 39 | £638 | +9.91% | 2 |
| Work from Home | +123 | 36 | £525 | +5.00% | 1 |
| UK excluding London | +66 | 9 | £400 | - | 1 |
| North of England | - | 6 | £581 | - | 1 |
| Yorkshire | - | 5 | £563 | - | |
| Midlands | +29 | 1 | £356 | -11.00% | |
| East Midlands | +19 | 1 | £356 | -11.00% | |
| Northern Ireland | - | 1 | £400 | - | |
| North West | - | 1 | £600 | - | 1 |
| South East | - | 1 | £340 | - |
Banking Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 5 May 2024, Banking Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Banking Business Analyst in the job title.
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Banking Business Analyst Skill Set
Co-occurring Skills and Capabilities by Category
The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories: