- Salary statistics
- Finance manager, M.Sc. salary
Finance manager, M.Sc. salary
Latest available salary statistics are for 2025. Compare average pay, salary range and related job listings.
40 500 - 55 800 SEK / month
Women earn 93% of what men do.
Administration, ekonomi
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Salary progression Finance manager, M.Sc.
What does a finance manager, business economist do? – Tasks and work environment
A finance manager with a background in business economics is responsible for the company's financial management, reporting, and analysis. Tasks often include budgeting, financial statements, ongoing accounting, and financial follow-up, as well as acting as a sounding board for the management team in strategic issues. The role requires both analytical skills and good communication abilities, as finance managers often serve as a link between the finance department and other parts of the organization. The work environment is usually office-based, with digital tools, and demands integrity, accuracy, and the ability to handle periods of high workload.
Salary development over time
The salary for finance managers with a business economics degree has shown a stable and positive trend over the past three years. In 2022, the average salary was 47,800 SEK per month, which increased to 50 300 SEK in 2023. In 2024, the average salary has reached 51 000 SEK per month, representing an increase of approximately 5.2% from 2022 to 2024. This trend reflects a continued high demand for qualified economists, combined with an increased focus on strategic financial work in both private and public sectors. Salary development is also influenced by factors such as work experience, education level, and geographic location. The market increasingly seeks finance managers capable of combining accounting skills with business development, which also drives salary growth.
Finance manager, business economist salary – comprehensive overview
- Average salary: 51 000 SEK/month
- Lowest salary: 39,500 SEK/month
- Highest salary: 56,300 SEK/month
- Hourly wage (average): 303 SEK
- Women earn: 49 700 SEK/month (93% of men's salary)
- Men earn: 53 400 SEK/month
- Regional differences: May occur, with higher salaries in metropolitan areas
Education and qualifications
A finance manager with a business economics profile typically holds an academic degree in economics, often from a university or college. The education is usually combined with practical experience in accounting, auditing, or controlling. Advancement in the profession often requires further education and specialized knowledge in business analysis, taxation, and leadership.
- Business economics degree: 4 years (240 credits) from university/college
- Relevant internships: Recommended during studies
- Courses/certifications: Accounting, auditing, business law
- Prerequisites: High school diploma with a focus on economics, Mathematics B
- Further education: Possible through master's programs or shorter courses
An unexpected aspect of the role of a finance manager is how often the profession acts as an internal advisor during major organizational changes, such as mergers or digital transformations. Those who enjoy being both analysts and change leaders may find great variety and challenge in everyday work.
Common benefits and compensation
Finance managers are often offered benefits such as occupational pension, wellness allowance, flexitime, and remote work options. Additionally, bonus programs, professional development, and extra vacation days may be available, especially in larger companies and organizations. The scope of benefits varies depending on the employer and industry.
Competition and challenges
The competition for positions as a finance manager is generally high, especially in attractive regions and larger companies. At the same time, there is a continuous need for qualified economists, making the job market relatively stable. Difficulties may arise when recruiting senior candidates with specific industry knowledge or experience in complex financial management. A challenge in the profession is staying updated on changes in legislation and digitalization, as well as balancing operational and strategic work. The ability to communicate financial information to non-economists is also crucial for success in the role.
Tips for those who want to become a finance manager, business economist
To succeed as a finance manager, business economist, it is good to combine analytical skills with a strong sense of structure and precision. Building broad competence in both accounting and business development provides better opportunities for advancement. Being communicative and pedagogical, especially when explaining complex figures to others in the organization, is valuable. Showing initiative and willingness to take responsibility for new projects increases the chances of gaining trust. A genuine interest in new technology and digital tools is an advantage, as financial work becomes increasingly automated. Collaboration skills and humility regarding others’ expertise make it easier to build relationships and lead teams. Finally, continuous professional development and networking are important for staying ahead in the career.
Key facts about a finance manager, business economist
- Education level: Business economics degree (4 years)
- Work environment: Office-based, often digitalized
- Demand: Large opportunities for employment nationwide
- Typical work form: Full-time, sometimes flexible hours
- Profession group: Auditors etc. (758 job openings in Sweden)
Career paths and future prospects
After three to five years in the role of a finance manager, there are opportunities to advance to positions such as finance director, controller, CFO, or management consultant in financial management. According to the Swedish Public Employment Service's forecast, the prospects for employment within the profession are strong even over five years, with stable demand. The recruitment situation is characterized by both difficulties in finding the right skills and some mobility, as many leave the profession for other challenges. There are also good opportunities for specialization in areas such as taxation, auditing, or digital financial management, depending on interests and experience.
Frequently asked questions about a finance manager, business economist
- What does a finance manager, business economist earn?
- The average salary is 51 000 SEK per month, with variations depending on gender, experience, and region. - What education is required to become a finance manager?
- A business economics degree (4 years) from a university or college is most common, often supplemented with internships and further education. - Are there gender differences in salary?
- Yes, women earn on average 49 700 SEK while men earn 53 400 SEK, which means women earn 93% of men's salaries. - What is the job market like for finance managers?
- Opportunities for employment are large nationwide, with approximately 758 job openings within the profession. - What are the most common benefits?
- Occupational pension, wellness allowance, flexitime, remote work options, and bonus programs are common benefits. - What are the highest and lowest salaries in the profession?
- The highest salary is 56 300 SEK and the lowest is 39 500 SEK per month. - What career paths are available after a few years in the profession?
- Common paths include becoming a finance director, controller, CFO, or management consultant in financial management.
Salary distributed by age and sector
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 101% | 32900 kr | 33300 kr |
| 25-34 | 98% | 43700 kr | 44200 kr |
| 35-44 | 88% | 55200 kr | 55900 kr |
| 45-54 | 85% | 56200 kr | 56900 kr |
| 55-64 | 86% | 52800 kr | 53300 kr |
| 65-68 | 51200 kr | 51500 kr | |
| Snitt | 93% | 50400 kr | 51000 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 105% | 34000 kr | 34000 kr |
| 25-34 | 97% | 42400 kr | 42700 kr |
| 35-44 | 98% | 46700 kr | 46900 kr |
| 45-54 | 96% | 49400 kr | 49500 kr |
| 55-64 | 94% | 49600 kr | 49600 kr |
| 65-68 | 99% | 49400 kr | 49400 kr |
| Snitt | 97% | 48000 kr | 48200 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 105% | 34000 kr | 34000 kr |
| 25-34 | 97% | 42400 kr | 42700 kr |
| 35-44 | 98% | 46700 kr | 46900 kr |
| 45-54 | 96% | 49400 kr | 49500 kr |
| 55-64 | 94% | 49600 kr | 49600 kr |
| 65-68 | 99% | 49400 kr | 49400 kr |
| Snitt | 97% | 48000 kr | 48200 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 101% | 32900 kr | 33300 kr |
| 25-34 | 98% | 43800 kr | 44400 kr |
| 35-44 | 85% | 59000 kr | 59900 kr |
| 45-54 | 80% | 62000 kr | 63200 kr |
| 55-64 | 83% | 55700 kr | 56500 kr |
| Snitt | 92% | 51500 kr | 52200 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 101% | 32900 kr | 33300 kr |
| 25-34 | 98% | 43800 kr | 44400 kr |
| 35-44 | 85% | 59000 kr | 59900 kr |
| 45-54 | 80% | 62000 kr | 63200 kr |
| 55-64 | 83% | 55700 kr | 56500 kr |
| Snitt | 92% | 51500 kr | 52200 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 101% | 32700 kr | 33100 kr |
| 25-34 | 98% | 44300 kr | 44800 kr |
| 35-44 | 88% | 59800 kr | 60900 kr |
| 45-54 | 85% | 62400 kr | 63700 kr |
| 55-64 | 86% | 57900 kr | 58700 kr |
| Snitt | 93% | 52600 kr | 53400 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 105% | 33200 kr | 33200 kr |
| 25-34 | 97% | 43500 kr | 43500 kr |
| 35-44 | 98% | 47400 kr | 47600 kr |
| 45-54 | 96% | 50900 kr | 50900 kr |
| 55-64 | 94% | 51900 kr | 51900 kr |
| 65-68 | 99% | 49600 kr | 49600 kr |
| Snitt | 97% | 49300 kr | 49400 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 105% | 33200 kr | 33200 kr |
| 25-34 | 97% | 43500 kr | 43500 kr |
| 35-44 | 98% | 47400 kr | 47600 kr |
| 45-54 | 96% | 50900 kr | 50900 kr |
| 55-64 | 94% | 51900 kr | 51900 kr |
| 65-68 | 99% | 49600 kr | 49600 kr |
| Snitt | 97% | 49300 kr | 49400 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 101% | 32700 kr | 33100 kr |
| 25-34 | 98% | 44300 kr | 44900 kr |
| 35-44 | 85% | 65100 kr | 66600 kr |
| 45-54 | 80% | 71000 kr | 73200 kr |
| 55-64 | 83% | 62000 kr | 63300 kr |
| Snitt | 92% | 53700 kr | 54800 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 101% | 32700 kr | 33100 kr |
| 25-34 | 98% | 44300 kr | 44900 kr |
| 35-44 | 85% | 65100 kr | 66600 kr |
| 45-54 | 80% | 71000 kr | 73200 kr |
| 55-64 | 83% | 62000 kr | 63300 kr |
| Snitt | 92% | 53700 kr | 54800 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 101% | 33100 kr | 33400 kr |
| 25-34 | 98% | 43200 kr | 43700 kr |
| 35-44 | 88% | 53000 kr | 53500 kr |
| 45-54 | 85% | 53700 kr | 54100 kr |
| 55-64 | 86% | 50400 kr | 50700 kr |
| Snitt | 93% | 49300 kr | 49700 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 105% | 34900 kr | 34900 kr |
| 25-34 | 97% | 41900 kr | 42300 kr |
| 35-44 | 98% | 46300 kr | 46600 kr |
| 45-54 | 96% | 48800 kr | 48900 kr |
| 55-64 | 94% | 48700 kr | 48700 kr |
| 65-68 | 99% | 49300 kr | 49300 kr |
| Snitt | 97% | 47500 kr | 47600 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 105% | 34900 kr | 34900 kr |
| 25-34 | 97% | 41900 kr | 42300 kr |
| 35-44 | 98% | 46300 kr | 46600 kr |
| 45-54 | 96% | 48800 kr | 48900 kr |
| 55-64 | 94% | 48700 kr | 48700 kr |
| 65-68 | 99% | 49300 kr | 49300 kr |
| Snitt | 97% | 47500 kr | 47600 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 101% | 33000 kr | 33400 kr |
| 25-34 | 98% | 43400 kr | 43900 kr |
| 35-44 | 85% | 56000 kr | 56700 kr |
| 45-54 | 80% | 58000 kr | 58700 kr |
| 55-64 | 83% | 52200 kr | 52700 kr |
| Snitt | 92% | 50100 kr | 50600 kr |
| Age | Base salary | Monthly salary | |
|---|---|---|---|
| 18-24 | 101% | 33000 kr | 33400 kr |
| 25-34 | 98% | 43400 kr | 43900 kr |
| 35-44 | 85% | 56000 kr | 56700 kr |
| 45-54 | 80% | 58000 kr | 58700 kr |
| 55-64 | 83% | 52200 kr | 52700 kr |
| Snitt | 92% | 50100 kr | 50600 kr |
About the data
All information displayed on this page is based on data from the Swedish Central Bureau of Statistics (SCB), the Swedish Tax Agency and the Swedish employment agency. Learn more about our data and data sources here.
All figures are gross salaries, meaning salaries before tax. The average salary, or mean salary, is calculated by adding up the total salary for all individuals within the profession and dividing it by the number of individuals. For specific job categories, we have also considered various criteria such as experience and education.
Profession Finance manager, M.Sc. has the SSYK code 2411, which we use to match against the SCB database to obtain the latest salary statistics.
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