Finance manager, M.Sc. salary

Salary for Financial Manager, Business Economist

The average salary for a financial manager, business economist in Sweden is 48 200 SEK per month. However, there is a clear gender pay gap; men earn an average of 50 800 SEK while women earn 46 600 SEK. This means that women earn approximately 92% of what men do in the same profession. It is also worth noting that the average salary has increased from 47 800 SEK to 48 200 SEK since last year.

Job Responsibilities for Financial Manager, Business Economist

As a financial manager, business economist, one plays a central role within the company's finance department. Responsibilities include budgeting, financial statements, financial reporting, and analysis. One may also be involved in strategic planning and development of the company's financial policies. Auditors, who may also fall under this category, review and verify the company's financial reports to ensure compliance with applicable laws and regulations.

Education and Requirements to Get a Job

To work as a financial manager, business economist, a bachelor's degree in economics, financial economics, or a related field is usually required. Many employers also prefer to hire candidates with a master's degree or other further education in economics. Experience in financial analysis, accounting, and auditing is often advantageous. Good knowledge of financial systems and software is also important.

Benefits and Working Conditions

Benefits for financial managers, business economists may vary depending on the employer and industry. Common benefits include paid training, which can be a significant advantage for those looking to further develop their knowledge and skills. Other benefits may include company phone, company car, and flexible working hours. It is important to carefully examine the benefits offered when considering a job.

Considerations for Future Financial Managers, Business Economists

For those considering a career as a financial manager, business economist, it is important to have a strong interest in finance and numbers. One should also be detail-oriented, analytical, and have good communication skills as they often need to present financial results and reports to management. Since the profession can involve a fast pace and high responsibility, it is also important to be able to handle stress and prioritize tasks effectively.