- Salary statistics
- Money market brokers
Money market brokers salary
74 100 - 111 300 kr / month
Women earn 69% of what men do.
Administration, ekonomi
Salary progression Money market brokers
Salary for Money Market Brokers
As a Money Market Broker, you can expect an average monthly salary of 100 800 SEK. However, there is a significant difference between genders; men earn an average of 107 900 SEK while women earn 74 100 SEK, meaning that women earn 69% of what men do in this profession. The salary level has improved from the previous measurement when the average salary was 99 200 SEK.
What Does a Money Market Broker Do?
A Money Market Broker, also known as a finance broker, handles short-term financial instruments and assists companies and institutions in placing or borrowing capital. The job involves analyzing markets, negotiating terms, and executing transactions. A significant part of the day is spent monitoring market trends, communicating with clients and other financial actors, and conducting real-time deals.
Education and Qualifications
To become a Money Market Broker, a college education in economics, finance, or related fields is typically required. Many employers prefer candidates with a master's degree, and certifications like CFA (Chartered Financial Analyst) can be highly advantageous. Practical experience in the financial sector, such as internships or trainee programs, is also very valuable.
Requirements to Land a Job as a Money Market Broker
The market for Money Market Brokers is competitive, and it is essential to have strong analytical skills, the ability to work under pressure, and excellent communication skills. A network of contacts within the finance world can also be a significant advantage. Employers often look for candidates with experience working in a similar role or within a related financial service.
Considerations for Those Wishing to Work as a Money Market Broker
It is important to be prepared for a demanding work environment with a fast pace and sometimes long workdays. A Money Market Broker must be quick in decision-making and have a good understanding of financial markets and economic principles. Staying updated with market news and financial trends continuously is part of the job.
Possible Benefits
Benefits in this profession may include paid training and certifications, which can be particularly valuable for those looking to advance in their careers. Other possible benefits may include a company-paid mobile phone, a company car, and performance-based bonuses.
Salary distributed by age and sector
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 72100 kr | 73600 kr | |
35-44 | 103400 kr | 105700 kr | |
45-54 | 129600 kr | 133800 kr | |
55-64 | 112200 kr | 117300 kr | |
Snitt | 69% | 97900 kr | 100800 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 72100 kr | 73600 kr | |
35-44 | 103400 kr | 105700 kr | |
45-54 | 129600 kr | 133800 kr | |
55-64 | 112200 kr | 117300 kr | |
Snitt | 69% | 97900 kr | 100800 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 72100 kr | 73600 kr | |
35-44 | 103400 kr | 105700 kr | |
45-54 | 129600 kr | 133800 kr | |
55-64 | 112200 kr | 117300 kr | |
Snitt | 69% | 97900 kr | 100800 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 76000 kr | 77600 kr | |
35-44 | 108900 kr | 111200 kr | |
45-54 | 132500 kr | 136800 kr | |
55-64 | 118700 kr | 124500 kr | |
Snitt | 69% | 104800 kr | 107900 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 76000 kr | 77600 kr | |
35-44 | 108900 kr | 111200 kr | |
45-54 | 132500 kr | 136800 kr | |
55-64 | 118700 kr | 124500 kr | |
Snitt | 69% | 104800 kr | 107900 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 76000 kr | 77600 kr | |
35-44 | 108900 kr | 111200 kr | |
45-54 | 132500 kr | 136800 kr | |
55-64 | 118700 kr | 124500 kr | |
Snitt | 69% | 104800 kr | 107900 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
Snitt | 69% | 72400 kr | 74100 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
Snitt | 69% | 72400 kr | 74100 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
Snitt | 69% | 72400 kr | 74100 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 Money market brokers has the SSYK code 3311, which we use to match against the SCB database to obtain the latest salary statistics.
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