Period
to 24 November 2017

The median contractor rate for a Financial Business Analyst was £413 per day in advertised job vacancies in the West Midlands during the 6 months to 24 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 - Financial
England > West Midlands
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 178 194 166
Rank change year-on-year +16 -28 +11
Contract jobs requiring a Financial Business Analyst 5 9 11
As % of all contract IT jobs advertised in the West Midlands 0.10% 0.15% 0.22%
As % of the Job Titles category 0.11% 0.15% 0.23%
Number of daily rates quoted 4 9 10
West Midlands median daily rate £413 £413 £438
Median daily rate % change year-on-year - -5.71% +15.13%
10th Percentile £359 £263 £357
90th Percentile £476 £470 £563
England median daily rate £450 £450 £450
Number of hourly rates quoted 0 0 0
West Midlands median hourly rate - - -
England median hourly rate £36.00 - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the West Midlands. 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
West Midlands
Contract vacancies in the West Midlands with a recognized job title 4603 5857 4727
% of contract IT jobs with a recognized job title 94.58% 95.00% 94.65%
Number of daily rates quoted 2911 3519 2703
West Midlands median daily rate £400 £400 £375
Median daily rate % change year-on-year - +6.67% +7.14%
10th Percentile £210 £235 £213
90th Percentile £543 £544 £525
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 202 238 273
West Midlands median hourly rate £17.38 £15.21 £17.00
Median hourly rate % change year-on-year +14.22% -10.51% +5.20%
10th Percentile £10.50 £10.00 £10.50
90th Percentile £43.75 £39.50 £38.75
England median hourly rate £18.50 £18.50 £18.00
% change year-on-year - +2.78% +9.09%

Financial Business Analyst
Job Vacancy Trend in the West Midlands

Job postings that featured Financial Business Analyst in the job title as a percentage of all IT jobs advertised in the West Midlands.

Job vacancy trend for Financial Business Analyst in the West Midlands

Financial Business Analyst
Contractor Daily Rate Trend in the West Midlands

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

Contractor daily rate trend for Financial Business Analyst in the West Midlands

Financial Business Analyst
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Business Analyst within the West Midlands region over the 6 months to 24 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
Birmingham +4 2 £420 +34.40%
Coventry - 2 £450 -
Warwickshire +3 1 £375 -9.09%
Financial Business Analyst
England

Financial Business Analyst Skill Set
Top 30 Co-occurring IT Skills in the West Midlands

For the 6 months to 24 November 2017, Financial 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 West Midlands region featuring Financial Business Analyst in the job title.

1 5 (100.00%) Finance
2 4 (80.00%) Business Analysis
3 3 (60.00%) Waterfall
4 2 (40.00%) Use Case
4 2 (40.00%) Requirements Analysis
4 2 (40.00%) Agile Software Development
4 2 (40.00%) Stakeholder Management
4 2 (40.00%) MS Visio
5 1 (20.00%) Data Modelling
5 1 (20.00%) XML Schema
5 1 (20.00%) B2B
5 1 (20.00%) Microsoft
5 1 (20.00%) XML
5 1 (20.00%) Windows
5 1 (20.00%) Microsoft Excel
5 1 (20.00%) Scrum
5 1 (20.00%) e-Learning
5 1 (20.00%) Systems Analysis
5 1 (20.00%) Validation
5 1 (20.00%) Migration
5 1 (20.00%) JIRA
5 1 (20.00%) Microsoft PowerPoint
5 1 (20.00%) Wealth Management
5 1 (20.00%) Credit Risk
5 1 (20.00%) User Stories
5 1 (20.00%) Hybrid Cloud
5 1 (20.00%) Software Delivery
5 1 (20.00%) Data Centre
5 1 (20.00%) FNZ
5 1 (20.00%) Sonata

Financial Business Analyst Skill Set
Co-occurring IT Skills in the West Midlands 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 (20.00%) Confluence
Applications
1 2 (40.00%) MS Visio
2 1 (20.00%) Microsoft Excel
2 1 (20.00%) Microsoft PowerPoint
Business Applications
1 1 (20.00%) Sonata
Development Applications
1 1 (20.00%) JIRA
General
1 5 (100.00%) Finance
Libraries, Frameworks & Software Standards
1 1 (20.00%) XML
1 1 (20.00%) XML Schema
Miscellaneous
1 1 (20.00%) Credit Risk
1 1 (20.00%) Data Centre
1 1 (20.00%) e-Learning
1 1 (20.00%) Fintech
1 1 (20.00%) Hybrid Cloud
Operating Systems
1 1 (20.00%) Windows
Processes & Methodologies
1 4 (80.00%) Business Analysis
2 3 (60.00%) Waterfall
3 2 (40.00%) Agile Software Development
3 2 (40.00%) Requirements Analysis
3 2 (40.00%) Stakeholder Management
3 2 (40.00%) Use Case
4 1 (20.00%) Acceptance Criteria
4 1 (20.00%) B2B
4 1 (20.00%) Business Process Modelling
4 1 (20.00%) Data Mapping
4 1 (20.00%) Data Modelling
4 1 (20.00%) Migration
4 1 (20.00%) Regulatory Compliance
4 1 (20.00%) Scrum
4 1 (20.00%) Software Delivery
4 1 (20.00%) Systems Analysis
4 1 (20.00%) User Acceptance Testing
4 1 (20.00%) User Stories
4 1 (20.00%) Validation
4 1 (20.00%) Wealth Management
Vendors
1 1 (20.00%) FNZ
1 1 (20.00%) Microsoft