Business financial advisor

What does a business economist advisor do? – tasks and work environment

A business economist advisor analyzes, evaluates, and provides qualified advice on corporate finance, investments, and strategic decisions. Tasks often include financial analysis, budgeting, risk assessments, and advice on capital structure or financial instruments. The advisor supports companies in making well-founded decisions that impact business development and profitability both short and long-term. The work is typically performed in an office setting, often in teams with other economists, lawyers, or specialists, and may involve both internal and external meetings. A large part of the workday is dedicated to data-driven analysis, report writing, and presenting economic decision-making materials to management teams or boards.

Salary development over time

The salary for business economist advisors has shown a clear positive trend over the past three years. In 2022, the average salary was 66,800 SEK per month, increasing to 68 500 in 2023. The most recent year, 2024, saw the average salary rise further to 73 100. This represents an increase of approximately 9% over the period, with the largest growth occurring in the last year. Salary development can be linked to increased demand for qualified financial advice as companies face higher requirements for financial transparency and strategic planning. At the same time, competition for skilled advisors has led employers to offer more attractive salary conditions to retain and recruit the right talent. Despite this, salary statistics continue to show clear gender pay gaps within the profession.

Business economist advisor salary – comprehensive overview

• Average salary: 73 100 SEK/month
• Highest salary: 76,800 SEK/month (male, private sector employee, at least 3 years post-secondary education)
• Lowest salary: 47,200 SEK/month (female, various sectors, less than 3 years post-secondary education)
• Hourly wage (average): 440 SEK
• Men (average): 76 100 SEK/month
• Women (average): 66 300 SEK/month
• Women earn: 87% of what men do

Education and qualifications

To work as a business economist advisor, a higher education in economics is usually required, often at the bachelor’s or master’s level. Many employers also seek experience from the finance industry and the ability to analyze complex economic contexts. Certifications and further training in areas such as financial analysis or investment advice are common and can increase employment prospects and salary levels.

• Economics degree: Bachelor’s or master’s program, 3–5 years
• Certifications: CFA, SwedSec, or equivalent
• Internship: Common within banking, finance, or economics during studies
• Courses in financial analysis: Recommended as specialization
• Experience: Previous work in economics or finance is often a requirement

Common benefits and compensation

In the role of a business economist advisor, benefits such as occupational pension, wellness allowance, bonus programs, and the possibility of remote work are often offered. It is common for employment to include insurances, subsidized lunches, and opportunities for further training. Performance-based compensation occurs, especially within larger companies or banks.

Competition and challenges

The competition for services as a business economist advisor can be described as balanced, where the number of qualified candidates roughly matches the number of available jobs. Challenges in the profession often include high demands on analytical ability, continuous updates on regulations and market trends, and the ability to handle complex client cases. The role also requires high integrity and the ability to work under pressure, especially during major transactions or financial restructuring. The industry is also characterized by clear gender pay gaps and representation differences, which puts pressure on employers to promote greater equality.

Tips for those who want to become a business economist advisor

To succeed as a business economist advisor, it is good to combine analytical sharpness with a genuine interest in business development and economics. Developing strong communication skills makes it easier to explain complex economic relationships to clients or management teams. It is also valuable to be curious and stay updated on market trends and current regulations. Networking is an important part of the profession, so actively participating in industry meetings and exchanging experiences with colleagues can open doors to new opportunities. The ability to work systematically and take initiative is appreciated by employers, especially during busy periods or when new projects start. Finally, integrity and an ethical approach are crucial for building long-term trust in the industry.

Key facts about business economist advisors

• Education level: Bachelor’s or master’s in economics (3–5 years)
• Work environment: Office-based, often in teams
• Job market: 758 available jobs within the profession
• Gender differences: Women earn 87% of men's salaries
• Future prospects: Moderate opportunities, unchanged demand

Career paths and future outlook

After three to five years as a business economist advisor, opportunities open for more specialized roles, such as senior advisor, team leader, or manager within finance departments. Many choose to further their education or certify in areas like corporate analysis, risk management, or portfolio management. According to the Swedish Public Employment Service, demand for business economist advisors is expected to remain unchanged over the next five years, with moderate opportunities nationally. The job market is balanced, with the number of available positions matching the number of qualified candidates. The profession also offers good opportunities for career development within related fields such as financial analysis, corporate management, or management consulting.

Frequently asked questions about business economist advisors

• What does a business economist advisor earn?
  - The average salary is 73 100 SEK per month, with variation depending on experience, education, and sector.
• What are the gender differences in salary for business economist advisors?
  - Women earn on average 66 300 SEK and men 76 100 SEK, which means women earn 87% of men's salaries.
• What education is required?
  - Usually at least a bachelor's degree in economics, often supplemented with certifications and practical experience from the finance sector.
• What does the job market look like?
  - Currently, there are 758 available jobs within the profession, and employment opportunities are considered moderate.
• What are the most common job tasks?
  - Financial analysis, investment advice, budgeting, risk assessment, and reporting to management or the board.
• Are there regional salary differences?
  - Salary levels can vary between regions, especially between metropolitan areas and smaller towns, but precise statistics are limited.
• What career paths are available after a few years in the profession?
  - Common pathways include advancing to senior advisor, team leader, manager, or specialist roles within finance, analysis, or corporate management.