Management economist, public administration salary

Public Administration Economist: An Overview

Public administration economists play a central role in ensuring the efficient and accurate management of financial resources within governmental organizations at both the state and municipal levels. Their work contributes to the sustainable and responsible operation of public services.

Salary for Public Administration Economists

The average salary for a public administration economist is 53 200 kronor per month. There is a clear gender gap in salary levels, where men earn an average of 58600 kronor while women earn 49 900 kronor. This means that women earn approximately 86% of what men do in the same profession. Compared to the previous year, the average salary has increased from 52 700 to 53 200 kronor, indicating a positive salary development in the field.

Job Responsibilities

As a public administration economist, one has a wide range of job responsibilities. These include budgeting, financial monitoring, accounting, and reporting. They often work on analyzing financial data and developing financial forecasts to ensure that the organization's financial goals are met. Public administration economists may also be involved in reviewing and improving internal processes to increase efficiency and reduce costs.

Education and Qualifications

To become a public administration economist, a higher education degree in economics is usually required, such as a bachelor's degree in business economics or economics. Many employers also value experience working in the public sector or specific knowledge of public administration and its regulations. Further education and certifications can also be advantageous and contribute to career advancement in the field.

Requirements to Secure a Job

The demand for public administration economists is generally high, especially in larger cities and municipalities where the need for financial expertise is significant. To increase one's chances of securing a job, it can be advantageous to have experience in financial analysis, accounting, or budgeting. Good knowledge of relevant legislation and regulations in public administration is also important.

Benefits

Public administration economists can often expect certain benefits, such as paid training and skills development. This may include courses and seminars aimed at staying updated with the latest changes in economics and public administration. In some cases, employers may also provide a company-paid mobile phone and other work tools to facilitate work.

Key Considerations

For those considering a career as a public administration economist, it is important to have an interest in economics and public services. One should be meticulous, analytical, and have the ability to communicate financial information in an easily understandable manner. Since the work often involves handling large amounts of data and complex budgets, it is also important to have good knowledge of financial systems and tools.