Market analyst salary

Salary and Working Conditions for Market Analysts

Working as a market analyst involves analyzing market data and trends to help companies make informed decisions. The average monthly salary for a market analyst is 51 600 SEK. Men earn an average of 55 800 SEK while women earn 48 700 SEK, which means that women earn 87% of what men do. The salary has increased by 48700 SEK since last year.

Job Responsibilities for Market Analysts

As a market analyst, you work on collecting and analyzing data about markets, competitors, and customers. The analysis is used to develop marketing strategies and help companies understand consumer behaviors and market trends. Common tasks include conducting market research, analyzing sales data, and creating reports presented to the company's management.

Education and Qualifications

To work as a market analyst, a bachelor's degree in marketing, economics, statistics, or a related field is usually required. Many employers prefer candidates with a higher education such as a master's degree. It is also important to have strong analytical skills, good knowledge of statistics, and experience using various analytical techniques and software.

Job Opportunities and Outlook

According to the Labor Market Forecast, the job opportunities for market analysts are expected to be good nationally. Over a five-year period, demand is expected to remain unchanged. However, the profession is characterized by recruitment difficulties, while many individuals are leaving the profession.

Benefits and Working Conditions

Benefits for market analysts may vary depending on the employer. Common benefits include paid training, flexible working hours, and the possibility to work remotely. Some employers also offer benefits such as a company-paid mobile phone and wellness allowance.

Considerations for Becoming a Market Analyst

Being a market analyst requires a combination of technical skills and business acumen. It is important to be analytical, detail-oriented, and have the ability to communicate complex information in an understandable way. Experience with various data analysis tools and software is also a significant advantage.