Business analyst salary

What does a Business analyst do?

A Business analyst plays a crucial role in companies by analyzing business processes and identifying areas for improvement. They often work on collecting and interpreting data to help the company make informed decisions. Typical tasks include developing and implementing strategic plans, collaborating with various departments, and ensuring that projects align with the company's goals. The work environment is often office-based but may also include travel to different offices and meetings with clients.

Business analyst salary

What does a Business analyst earn? The average salary for a Business analyst in Sweden is 54 700 kronor per month. However, there are differences between genders, with men earning an average of 58 900 kronor while women earn 52 000 kronor, meaning women earn 88% of what men do. The average hourly wage for a part-time employee is 329 kronor.

Salary development over time

The salary for Business analysts has increased from 52 600 kronor last year to 54 700 kronor this year, indicating a positive salary development.

Salary range and highest/lowest salaries

The highest salary for a Business analyst is 63,200 kronor and is held by a man who is a privately employed official with a post-secondary education of three years or more. Women in the profession can reach a highest salary of 57,300 kronor. The lowest salary for a Business analyst is 41,300 kronor, held by a woman with a secondary education working in the public sector. For men, the lowest salary is 42,800 kronor.

Education and qualifications

To become a Business analyst, an academic degree in economics, IT, or a related field is often required. Many employers also value certifications in business analysis or project management.

Common benefits

Benefits for Business analysts may include a company mobile phone, the possibility of remote work, and paid further education. These benefits vary depending on the employer and industry.

Competition and challenges

According to the Employment Agency, the job market for Business analysts is relatively balanced with medium job opportunities. Demand is expected to remain unchanged over the next five years.

Tips for those who want to work in the profession

To succeed as a Business analyst, it is important to stay updated with the latest technologies and methods in business analysis. Developing strong communication and problem-solving skills is also crucial.

Career paths

With experience, a Business analyst can advance to roles such as project manager, IT manager, or strategic advisor. There are also opportunities to specialize in specific industries or technologies.

Future prospects and demand

According to the Employment Agency, the job opportunities for Business analysts are assessed to be medium and unchanged over the next five years. It is a stable profession with good opportunities for career development.

Frequently asked questions about Business analyst

• What does a Business analyst earn? The average salary is 54 700 kronor per month, with the highest salaries reaching up to 63,200 kronor.
• How do you become a Business analyst? An academic degree in economics, IT, or a related field is usually required.
• Is it easy to find a job? The opportunities are medium according to the Employment Agency.
• Is it stressful to work as a Business analyst? It can be stressful depending on the scope and timelines of the projects.
• What qualities are important as a Business analyst? Analytical skills, communication skills, and problem-solving abilities are important.
• What different types of Business analysts are there? There are specializations in IT, finance, and strategic analysis.