Period
to 19 November 2017

The median contractor rate for an Investment Banking Business Analyst was £575 per day in advertised job vacancies during the 6 months to 19 November 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.

Business Analyst - Investment Banking
UK
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 752 799 684
Rank change year-on-year +47 -115 -5
Contract jobs requiring an Investment Banking Business Analyst 123 97 208
As % of all contract IT jobs advertised in the UK 0.12% 0.093% 0.18%
As % of the Job Titles category 0.13% 0.098% 0.19%
Number of daily rates quoted 82 73 139
UK median daily rate £575 £525 £550
Median daily rate % change year-on-year +9.52% -4.55% -
10th Percentile £413 £415 £450
90th Percentile £688 £713 £650
UK excluding London median daily rate £104 £400 £400
% change year-on-year -74.13% - -3.03%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 96141 99356 108750
% of contract IT jobs with a recognized job title 94.81% 94.76% 94.89%
Number of daily rates quoted 63392 64835 69190
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £392 £375
% change year-on-year +2.17% +4.41% +3.73%
Number of hourly rates quoted 2869 3292 4137
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.89% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.38 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Investment Banking Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Investment Banking Business Analyst in the UK

Investment Banking Business Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Investment Banking Business Analyst in the UK

Investment Banking Business Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Investment Banking Business Analyst over the 6 months to 19 November 2017.

Contractor daily rate histogram for Investment Banking Business Analyst in the UK

Investment Banking Business Analyst
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Investment Banking Business Analyst in the UK

Investment Banking Business Analyst
Top 4 Contract Locations

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 UK over the 6 months to 19 November 2017. 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
England +53 122 £575 +9.52%
London +6 122 £575 +9.52%
UK excluding London +17 1 £104 -74.13%
Northern Ireland -42 1 £104 -75.65%

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

For the 6 months to 19 November 2017, 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 featuring Investment Banking Business Analyst in the job title.

1 101 (82.11%) Banking
2 89 (72.36%) Investment Banking
3 65 (52.85%) Finance
4 56 (45.53%) Business Analysis
5 35 (28.46%) SQL
6 33 (26.83%) Fixed Income
7 31 (25.20%) Derivative
8 29 (23.58%) Front Office
9 27 (21.95%) Stakeholder Management
10 25 (20.33%) User Acceptance Testing
10 25 (20.33%) Agile Software Development
11 23 (18.70%) Equities
11 23 (18.70%) Market Risk
12 19 (15.45%) Foreign Exchange (FX)
13 18 (14.63%) Credit Risk
13 18 (14.63%) MiFID
14 17 (13.82%) Degree
14 17 (13.82%) Master's Degree
14 17 (13.82%) Analytics
15 16 (13.01%) Project Management
15 16 (13.01%) GAP Analysis
16 14 (11.38%) Python
16 14 (11.38%) Stress Testing
17 13 (10.57%) Risk Management
18 12 (9.76%) Migration
18 12 (9.76%) Electronic Trading
19 11 (8.94%) Data Analysis
19 11 (8.94%) Scrum
19 11 (8.94%) VBA
19 11 (8.94%) R

Investment Banking Business Analyst Skill Set
Co-occurring IT Skills 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 6 (4.88%) Microsoft Excel
1 6 (4.88%) Microsoft PowerPoint
2 5 (4.07%) MS Visio
3 2 (1.63%) Microsoft Office
4 1 (0.81%) Microsoft Project
Business Applications
1 6 (4.88%) ION MarketView
2 3 (2.44%) SunGard Martini
Database & Business Intelligence
1 4 (3.25%) Big Data
1 4 (3.25%) Blockchain
1 4 (3.25%) Data Warehouse
2 3 (2.44%) DB2
2 3 (2.44%) SQL Server
3 1 (0.81%) Data Lake
3 1 (0.81%) Hadoop
3 1 (0.81%) QlikView
3 1 (0.81%) Relational Database
Development Applications
1 3 (2.44%) JIRA
2 1 (0.81%) Balsamiq Mockups
General
1 101 (82.11%) Banking
2 89 (72.36%) Investment Banking
3 65 (52.85%) Finance
4 29 (23.58%) Front Office
5 10 (8.13%) Back Office
6 7 (5.69%) Financial Institution
7 2 (1.63%) Legal
7 2 (1.63%) Prime Brokerage
8 1 (0.81%) French Language
8 1 (0.81%) General Ledger
Libraries, Frameworks & Software Standards
1 6 (4.88%) XML
2 4 (3.25%) FIX Protocol
3 2 (1.63%) Middleware
4 1 (0.81%) FpML
Miscellaneous
1 33 (26.83%) Fixed Income
2 31 (25.20%) Derivative
3 23 (18.70%) Equities
3 23 (18.70%) Market Risk
4 19 (15.45%) Foreign Exchange (FX)
5 18 (14.63%) Credit Risk
6 9 (7.32%) Analytical Skills
7 6 (4.88%) Greenfield Project
8 4 (3.25%) OTC Derivatives
9 2 (1.63%) Client/Server
9 2 (1.63%) Equity Derivative
10 1 (0.81%) Credit Derivative
10 1 (0.81%) Fintech
10 1 (0.81%) Interest Rate Derivative
10 1 (0.81%) Management Information System
10 1 (0.81%) Reference Data
Operating Systems
1 3 (2.44%) Unix
Processes & Methodologies
1 56 (45.53%) Business Analysis
2 27 (21.95%) Stakeholder Management
3 25 (20.33%) Agile Software Development
3 25 (20.33%) User Acceptance Testing
4 17 (13.82%) Analytics
5 16 (13.01%) GAP Analysis
5 16 (13.01%) Project Management
6 14 (11.38%) Stress Testing
7 13 (10.57%) Risk Management
8 12 (9.76%) Electronic Trading
8 12 (9.76%) Migration
9 11 (8.94%) Data Analysis
9 11 (8.94%) Scrum
9 11 (8.94%) Target Operating Model
10 10 (8.13%) SDLC
11 9 (7.32%) Change Management
12 8 (6.50%) Workflow
13 7 (5.69%) Scenario Testing
14 6 (4.88%) User Stories
14 6 (4.88%) Validation
Programming Languages
1 35 (28.46%) SQL
2 14 (11.38%) Python
3 11 (8.94%) R
3 11 (8.94%) VBA
4 5 (4.07%) Java
5 2 (1.63%) C++
6 1 (0.81%) PL/SQL
6 1 (0.81%) Scala
6 1 (0.81%) XQuery
Qualifications
1 17 (13.82%) Degree
1 17 (13.82%) Master's Degree
Quality Assurance & Compliance
1 18 (14.63%) MiFID
2 7 (5.69%) GDPR
3 6 (4.88%) QA
4 4 (3.25%) Dodd-Frank
4 4 (3.25%) EMIR
5 2 (1.63%) Data Quality
6 1 (0.81%) Basel II
6 1 (0.81%) Basel III
6 1 (0.81%) COREP
6 1 (0.81%) CRD IV
6 1 (0.81%) FATCA
System Software
1 1 (0.81%) Citrix Presentation Server
1 1 (0.81%) XenApp
1 1 (0.81%) XenDesktop
Systems Management
1 2 (1.63%) ITRS Geneos
1 2 (1.63%) Nagios
Vendors
1 7 (5.69%) ION Trading
2 3 (2.44%) Microsoft
2 3 (2.44%) Oracle
2 3 (2.44%) SunGard
2 3 (2.44%) Sybase
3 2 (1.63%) AppDynamics
3 2 (1.63%) Dynatrace
3 2 (1.63%) IBM
3 2 (1.63%) Murex
3 2 (1.63%) Splunk
4 1 (0.81%) Bloomberg
4 1 (0.81%) CA
4 1 (0.81%) Calypso
4 1 (0.81%) Citrix
4 1 (0.81%) Cloudera
4 1 (0.81%) Fidessa
4 1 (0.81%) FIS
4 1 (0.81%) Salesforce.com
4 1 (0.81%) SmartStream
4 1 (0.81%) Tradeweb