2440 Business and financial project management professionals

In short

• ONS unit group 2440, in minor group 244 (Business and financial project management professionals) and major group 2 (Professional occupations).
• Appendix Skilled Occupations (figures as at 3 August 2026, re-checked 26 October 2026): On the list: Table 1, Table 2.
• Going rate as the tables print it:
  • Table 1, Going rate (SW – options A and D): £56,500 (£28.97 per hour)
  • Table 2, Going rate (SW – options F and I, GBM and SCU): £43,300 (£22.21 per hour)

What the ONS says

Description

Business and financial project management professionals manage and oversee major projects across all sectors of modern industry, commerce and the public sector, in areas such as e-commerce, business analysis, finance, product development, marketing, human resources.

Typical entry routes

Entry may be via a degree or postgraduate qualification in project management or a subject relevant to the particular sector or via significant relevant work experience in that sector.

Tasks

• finds out what the client or company wants to achieve
• agrees timescales, costs and resources needed
• draws up a detailed plan for how to achieve each stage of the project
• selects and leads a project team
• negotiates with contractors and suppliers for materials and services
• ensures that each stage of the project is progressing on time, on budget and to the right quality standards
• reports regularly on progress to the client or to senior managers

Related job titles

• Chief knowledge officer
• Contracts manager (security services)
• Project delivery officer
• Project manager
• Research support officer
• Scrum master
• Work package manager (professional)

What the Appendix Skilled Occupations says

The Appendix lists this code in the tables below, with the tables’ own caption and the row as printed. Read the full table, and any condition in it, on GOV.UK.

Table 1: Eligible SOC 2020 occupation codes and related going rates based on median Annual Survey of Hours and Earnings (ASHE) data

SOC 2020 occupation code

2440 Business and financial project management professionals

Examples of related job titles (non-exclusive)

• Business change managers
• Clinical trials coordinators
• Risk managers
• Business and financial project management professionals not elsewhere classified

Going rate (SW – options A and D)

£56,500 (£28.97 per hour)

90% of going rate (SW – option B)

£50,800 (£26.05 per hour)

80% of going rate (SW – option C)

£45,200 (£23.18 per hour)

70% of going rate (SW – option E)

£39,500 (£20.26 per hour)

Eligible for PhD points (SW)?

Yes

Table 2: Eligible SOC 2020 occupation codes and related going rates based on 25th percentile Annual Survey of Hours and Earnings (ASHE) data

SOC 2020 occupation code

2440 Business and financial project management professionals

Equivalent SOC 2010 occupation code(s)

2424, 3545

Examples of related job titles (non-exclusive)

• Business change managers
• Clinical trials coordinators
• Risk managers
• Business and financial project management professionals not elsewhere classified

Going rate (SW – options F and I, GBM and SCU)

£43,300 (£22.21 per hour)

90% of going rate (SW – option G)

£39,000 (£20.00 per hour)

80% of going rate (SW – option H)

£34,700 (£17.79 per hour)

70% of going rate (SW – option J, GTR)

£30,300 (£15.54 per hour)

Eligible for PhD points (SW)?

Yes

Sources

Occupation text: Office for National Statistics, SOC 2020 Volume 1: structure and descriptions of unit groups (file dated 27 August 2026, version V13). Contains public sector information licensed under the Open Government Licence v3.0. Open Government Licence v3.0. Tables: Home Office, Immigration Rules Appendix Skilled Occupations on GOV.UK, page updated 3 August 2026; re-checked against the page updated 8 October 2026 on 26 October 2026, tables unchanged.

All 412 occupation codes

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