Period
to 26 February 2021

The median annual salary for a Financial Analyst was £57,500 in advertised job vacancies during the 6 months to 26 February 2021.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Finance Analyst
UK
6 months to
26 Feb 2021
Same period 2020 Same period 2019
Rank 515 562 610
Rank change year-on-year +47 +48 -57
Permanent jobs requiring a Financial Analyst 324 524 630
As % of all permanent jobs advertised in the UK 0.44% 0.43% 0.42%
As % of the Job Titles category 0.46% 0.45% 0.43%
Number of salaries quoted 288 440 549
Median annual salary £57,500 £50,000 £50,000
Median salary % change year-on-year +15.00% - +5.26%
10th Percentile £35,000 £29,250 £31,000
90th Percentile £95,000 £75,000 £82,500
UK excluding London median annual salary £40,000 £45,000 £42,500
% change year-on-year -11.11% +5.88% -

The following table is for comparison with the above and includes summary statistics for all permanent 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 permanent jobs in our overall sample.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 69,869 117,563 145,242
% of permanent IT jobs with a recognized job title 93.92% 95.48% 95.96%
Number of salaries quoted 56,047 95,344 117,772
Median annual salary £55,000 £52,500 £50,000
Median salary % change year-on-year +4.76% +5.00% -
10th Percentile £31,986 £29,000 £28,250
90th Percentile £87,500 £87,500 £83,750
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +5.88%

Financial Analyst
Job Vacancy Trend

Job postings that featured Financial Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Financial Analyst in the UK

Financial Analyst
Salary Trend

3-month moving average salary quoted in jobs citing Financial Analyst.

Salary trend for Financial Analyst in the UK

Financial Analyst
Salary Histogram

Salary distribution for jobs citing Financial Analyst over the 6 months to 26 February 2021.

Salary histogram for Financial Analyst in the UK

Financial Analyst
Top 15 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Financial Analyst within the UK over the 6 months to 26 February 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +60 309 £57,500 +15.00% 40
London +82 230 £60,000 +9.09% 14
UK excluding London +69 79 £40,000 -11.11% 26
South East +52 35 £40,000 -14.89% 7
Work from Home -65 34 £50,000 -13.04% 8
East of England +98 14 £26,500 - 3
Midlands +57 10 £38,750 -18.42% 6
North of England +41 8 £46,000 +4.55% 7
West Midlands +45 7 £31,000 -34.74% 5
North West +45 7 £47,750 +36.43% 5
Scotland +15 5 £65,000 +58.54%
Wales - 4 £50,000 -
South West +44 3 £40,000 - 3
East Midlands +35 3 £51,500 +3.00% 1
North East +10 1 £33,500 -4.29%

Financial Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 26 February 2021, Financial Analyst job roles required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Financial Analyst in the job title.

1 324 (100.00%) Finance
2 93 (28.70%) SQL
3 89 (27.47%) Business Analysis
4 76 (23.46%) Agile Software Development
5 61 (18.83%) Analytical Skills
6 56 (17.28%) Asset Management
6 56 (17.28%) Stakeholder Management
7 52 (16.05%) Dashboard Development
8 49 (15.12%) Front Office
9 47 (14.51%) Hedge funds
10 46 (14.20%) Python
11 45 (13.89%) Microsoft
11 45 (13.89%) Tableau
12 44 (13.58%) Investment Management
13 43 (13.27%) SQL Server
14 41 (12.65%) Banking
14 41 (12.65%) Data Analysis
15 35 (10.80%) Data Governance
15 35 (10.80%) Data Quality
15 35 (10.80%) Project Delivery
16 34 (10.49%) Fixed Income
17 33 (10.19%) Oracle
18 32 (9.88%) Informatica
18 32 (9.88%) Derivative
19 31 (9.57%) Equities
19 31 (9.57%) Microsoft Excel
20 30 (9.26%) ERP
20 30 (9.26%) Wealth Management
21 28 (8.64%) Web Services
21 28 (8.64%) Bloomberg

Financial 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:

Application Platforms
1 9 (2.78%) MS Exchange
2 3 (0.93%) SharePoint
3 2 (0.62%) Confluence
3 2 (0.62%) SAS
4 1 (0.31%) Appian
4 1 (0.31%) Oracle Workflow
4 1 (0.31%) SharePoint 2010
Applications
1 31 (9.57%) Microsoft Excel
2 24 (7.41%) Microsoft Office
3 2 (0.62%) Microsoft PowerPoint
3 2 (0.62%) Microsoft Project
4 1 (0.31%) MS Visio
4 1 (0.31%) Spreadsheet
Business Applications
1 18 (5.56%) Oracle Payables
1 18 (5.56%) Oracle Receivables
2 17 (5.25%) Oracle Assets
2 17 (5.25%) Oracle ERP
3 15 (4.63%) Oracle Financials
4 12 (3.70%) Eagle PACE
4 12 (3.70%) Markit EDM
5 10 (3.09%) Oracle EBS R12
6 9 (2.78%) Oracle Cash Management
6 9 (2.78%) Oracle EBS
7 8 (2.47%) Elite 3E
7 8 (2.47%) Oracle General Ledger
8 7 (2.16%) Oracle Subledger Accounting
9 6 (1.85%) PolarLake
10 5 (1.54%) NetSuite
11 3 (0.93%) Oracle E-Business Tax
12 2 (0.62%) Dynamics AX
12 2 (0.62%) Hyperion Planning
12 2 (0.62%) JDE OneWorld
13 1 (0.31%) Dynamics GP
Cloud Services
1 28 (8.64%) AWS
2 24 (7.41%) Power Platform
3 11 (3.40%) Microsoft 365
4 8 (2.47%) Dynamics 365
5 6 (1.85%) SaaS
6 1 (0.31%) Azure
Communications & Networking
1 9 (2.78%) Skype
2 8 (2.47%) Firewall
3 3 (0.93%) IP Telephony
3 3 (0.93%) Remote Desktop
4 2 (0.62%) Intranet
5 1 (0.31%) Cisco IOS
5 1 (0.31%) Internet
5 1 (0.31%) Intrusion Detection
5 1 (0.31%) LAN
5 1 (0.31%) WAN
Database & Business Intelligence
1 45 (13.89%) Tableau
2 43 (13.27%) SQL Server
3 24 (7.41%) Power BI
4 9 (2.78%) Data Lake
5 8 (2.47%) MySQL
6 7 (2.16%) QlikView
6 7 (2.16%) RDBMS
6 7 (2.16%) Relational Database
6 7 (2.16%) SQL Server 2016
7 5 (1.54%) Data Warehouse
8 3 (0.93%) SQL Server Reporting Services
9 2 (0.62%) Big Data
9 2 (0.62%) Data Mining
9 2 (0.62%) SQL Server Integration Services
10 1 (0.31%) Essbase
10 1 (0.31%) Hadoop
10 1 (0.31%) SAP BW
Development Applications
1 3 (0.93%) JIRA
2 1 (0.31%) Cucumber
2 1 (0.31%) Toad
2 1 (0.31%) Visual Studio Team System
General
1 324 (100.00%) Finance
2 49 (15.12%) Front Office
3 41 (12.65%) Banking
4 16 (4.94%) Back Office
5 13 (4.01%) Legal
6 12 (3.70%) Law
7 10 (3.09%) General Ledger
8 7 (2.16%) Public Sector
8 7 (2.16%) Retail
9 5 (1.54%) Investment Banking
10 3 (0.93%) Marketing
10 3 (0.93%) Pharmaceutical
11 2 (0.62%) Advertising
11 2 (0.62%) Retail Finance
12 1 (0.31%) Billing
12 1 (0.31%) Games
12 1 (0.31%) German Language
12 1 (0.31%) Manufacturing
12 1 (0.31%) Retail Banking
Libraries, Frameworks & Software Standards
1 28 (8.64%) Web Services
2 9 (2.78%) HTML
3 7 (2.16%) .NET
3 7 (2.16%) CSS
4 6 (1.85%) Pandas
5 3 (0.93%) FIX Protocol
5 3 (0.93%) XML
6 1 (0.31%) EDI
6 1 (0.31%) MDX
6 1 (0.31%) RESTful
6 1 (0.31%) XML Schema
Miscellaneous
1 61 (18.83%) Analytical Skills
2 47 (14.51%) Hedge funds
3 34 (10.49%) Fixed Income
4 32 (9.88%) Derivative
5 31 (9.57%) Equities
6 19 (5.86%) Reference Data
7 14 (4.32%) Greenfield Project
7 14 (4.32%) Management Information System
8 12 (3.70%) Equity Derivative
9 8 (2.47%) Foreign Exchange (FX)
9 8 (2.47%) Online Banking
10 6 (1.85%) Replication
11 5 (1.54%) Cyberthreat
12 2 (0.62%) Credit Risk
12 2 (0.62%) Enterprise Software
12 2 (0.62%) Mobile App
12 2 (0.62%) Self-Motivation
13 1 (0.31%) Market Risk
13 1 (0.31%) Robotics
13 1 (0.31%) Spread Betting
Operating Systems
1 24 (7.41%) Windows
2 18 (5.56%) Windows Server
3 10 (3.09%) Android
3 10 (3.09%) Mac OS X
4 9 (2.78%) Windows 7
4 9 (2.78%) Windows Server 2008
5 6 (1.85%) Linux
6 5 (1.54%) Windows 10
7 3 (0.93%) Unix
7 3 (0.93%) Windows Server 2012
8 2 (0.62%) Red Hat Enterprise Linux
9 1 (0.31%) Ubuntu
Processes & Methodologies
1 89 (27.47%) Business Analysis
2 76 (23.46%) Agile Software Development
3 56 (17.28%) Asset Management
3 56 (17.28%) Stakeholder Management
4 52 (16.05%) Dashboard Development
5 44 (13.58%) Investment Management
6 41 (12.65%) Data Analysis
7 35 (10.80%) Data Governance
7 35 (10.80%) Project Delivery
8 30 (9.26%) ERP
8 30 (9.26%) Wealth Management
9 28 (8.64%) Analytics
10 27 (8.33%) Business Intelligence
11 24 (7.41%) ITIL
11 24 (7.41%) Problem-Solving
12 23 (7.10%) Requirements Gathering
12 23 (7.10%) User Stories
13 21 (6.48%) Collaborative Working
13 21 (6.48%) Process Improvement
13 21 (6.48%) Waterfall
Programming Languages
1 93 (28.70%) SQL
2 46 (14.20%) Python
3 9 (2.78%) PowerShell
3 9 (2.78%) VBA
4 8 (2.47%) JavaScript
4 8 (2.47%) VB
5 7 (2.16%) C#
5 7 (2.16%) R
5 7 (2.16%) T-SQL
6 2 (0.62%) Bash Shell
6 2 (0.62%) C
6 2 (0.62%) Java
6 2 (0.62%) PHP
7 1 (0.31%) Korn
7 1 (0.31%) MATLAB
7 1 (0.31%) Perl
7 1 (0.31%) PL/SQL
7 1 (0.31%) Shell Script
7 1 (0.31%) VBScript
Qualifications
1 15 (4.63%) CISM
1 15 (4.63%) Degree
2 10 (3.09%) ISEB
3 9 (2.78%) CISSP
4 6 (1.85%) CEH
5 5 (1.54%) A+ Certification
6 4 (1.23%) ACCA
6 4 (1.23%) CRISC
7 3 (0.93%) CIMA
8 2 (0.62%) CompTIA Security+
8 2 (0.62%) SANS
9 1 (0.31%) CISA
9 1 (0.31%) CISMP
9 1 (0.31%) CREST Certified
9 1 (0.31%) GCFE
9 1 (0.31%) GCIH
9 1 (0.31%) GIAC
9 1 (0.31%) GSEC
9 1 (0.31%) HND
9 1 (0.31%) SSCP
Quality Assurance & Compliance
1 35 (10.80%) Data Quality
2 7 (2.16%) ISO/IEC 27001
3 6 (1.85%) COBIT
3 6 (1.85%) GDPR
4 5 (1.54%) QA
5 4 (1.23%) PMO
5 4 (1.23%) Solvency II
6 3 (0.93%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
7 2 (0.62%) Cyber Essentials
7 2 (0.62%) Cyber Essentials PLUS
8 1 (0.31%) IFRS
8 1 (0.31%) ISO 20022
8 1 (0.31%) SLA
System Software
1 15 (4.63%) Active Directory
2 2 (0.62%) VMware ESXi
2 2 (0.62%) VMware Infrastructure
Systems Management
1 10 (3.09%) SCCM
2 1 (0.31%) Ansible
2 1 (0.31%) Nessus
Vendors
1 45 (13.89%) Microsoft
2 33 (10.19%) Oracle
3 32 (9.88%) Informatica
4 28 (8.64%) Bloomberg
5 14 (4.32%) Reuters
6 9 (2.78%) Apple
7 7 (2.16%) Aareon
7 7 (2.16%) SAP
7 7 (2.16%) Sun
7 7 (2.16%) Sybase
8 6 (1.85%) FactSet
9 5 (1.54%) JD Edwards
10 4 (1.23%) Cisco
11 3 (0.93%) Avaya
11 3 (0.93%) Red Hat
12 2 (0.62%) Hyperion
12 2 (0.62%) Sage
12 2 (0.62%) Salesforce.com
12 2 (0.62%) VMware
12 2 (0.62%) Xero