Business consultant

What does a Business Consultant do? – Tasks and Work Environment

A Business Consultant works on analyzing, developing, and streamlining organizations' processes and structures. Typical tasks include mapping operational flows, advising on change management, implementing new business systems, and training staff in new ways of working. The work is often project-based, involving close collaboration with management and employees to identify areas for improvement. The work environment is mainly office-based, but the role also involves a high degree of flexibility and mobility, as assignments are frequently carried out at client sites. The pace is fast, requiring both analytical skills and good communication abilities.

Salary Development Over Time

Over the past three years, salaries for Business Consultants have shown a clear upward trend. In 2022, the average salary was 54,300 SEK per month, rising the following year to 55 500 SEK – an increase of approximately 2.2%. Between 2023 and 2024, the increase was even more pronounced, with the average reaching 58 400 SEK, corresponding to an increase of nearly 5.2%. Factors driving this development include continued high demand for qualified consultants in organizational development, increased competition for expertise, and general wage inflation within the sector. The salary trend also reflects the growing need for specialized advice in line with digitalization and changing business models across many companies and the public sector.

Business Consultant Salary – Complete Overview

• Average Salary: 58 400 SEK/month
• Lowest Salary (female/male): 42,600 SEK / 46,400 SEK
• Highest Salary (female/male): 92,000 SEK / 79,500 SEK
• Hourly Wage (average): 351 SEK
• Women’s salary as % of men’s: 88%
• Men’s average salary: 62 300 SEK
• Women’s average salary: 54 600 SEK

Education and Qualifications

The path to becoming a Business Consultant often involves a university degree in economics, engineering, IT, or social sciences, complemented by experience in project management or organizational development. Relevant certifications and practical experience in change initiatives are advantageous and can increase employment or assignment opportunities. Industry-specific knowledge and ongoing professional development are also important factors for success in the role.

• Academic Degree: Bachelor’s or Master’s in economics, engineering, IT, or social sciences (3–5 years)
• Certifications: For example, project management (PMP), change management (PROSCI), or process development
• Internships/Traineeships: Valued through larger consulting firms or operational roles
• Industry-specific knowledge: Experience from the client’s sector is highly valued
• Continual Education: Courses in digitalization, agile methods, and leadership are recommended

Common Benefits and Compensation

Business Consultants are often offered benefits such as occupational pension, wellness allowance, the possibility of bonuses or profit sharing, and flexible working hours. Other common compensations include company cars or benefit cars, professional development, and sometimes extra vacation days. Access to modern technical equipment and remote work options are also common within many consulting firms.

Competition and Challenges

The competition within the profession is at a balanced level, with demand for Business Consultants expected to remain unchanged over the next five years according to the Employment Service’s forecasts. Challenges often involve differentiating oneself in a market where many have similar educational backgrounds, as well as staying updated on new methods, digital tools, and industry trends. The rapid pace of change in clients’ operations requires adaptability and the ability to quickly understand new business models. Additionally, the role may involve periods of high workload and travel, demanding flexibility and stress management skills.

Tips for Aspiring Business Consultants

To succeed as a Business Consultant, it’s beneficial to combine analytical skills with strong communication and an interest in change initiatives. Building a broad skill set early through education and practical experience, preferably within both economics and operational management, is recommended. The ability to work systematically and take initiative is crucial, as is being attentive to clients’ needs and quick to adapt to new situations. Developing teamwork skills is also important, as projects are often team-based and involve close dialogue with various stakeholders. Continuing education in digitalization and new working methods provides an advantage and facilitates handling complex assignments. Finally, a solution-oriented approach and a humble attitude when facing challenges are valuable in the consulting role.

Key Facts about Business Consultants

• Salary Range: 42,600–92,000 SEK/month
• Education Level: University degree (3–5 years) in economics, engineering, or IT
• Work Environment: Office-based, often project-based, some travel involved
• Demand: 758 job openings within the profession (May 2024)
• Gender Differences: Women earn 88% of men’s salaries

Career Paths and Future Outlook

After three to five years in the profession, there are good opportunities to advance to roles such as senior consultant, project manager, or business development manager. Some choose to specialize in specific industries, such as public sector or IT, while others move into leadership positions within consulting firms. The Employment Service’s forecast for management and organizational development specialists indicates a balanced job market with demand expected to remain stable over the next five years. Currently, there are 758 job openings in the field, reflecting a stable employment outlook. Opportunities for further development and specialization are plentiful, especially for those who stay updated on new methods and industry trends.

Frequently Asked Questions about Business Consultants

• What does a Business Consultant earn?
  - The average salary for a Business Consultant is 58 400 SEK per month.
• What education is required to become a Business Consultant?
  - Usually, a university degree in economics, engineering, IT, or social sciences is required.
• Are there gender differences in salary for Business Consultants?
  - Yes, women earn on average 88% of what men do in the profession.
• What are the future prospects for Business Consultants?
  - Demand is expected to remain unchanged over the next five years according to the Employment Service.
• What is the highest and lowest salary for a Business Consultant?
  - The highest salary is 92,000 SEK (female, municipal sector). The lowest is 42,600 SEK (female, government sector).
• What is the work environment like for a Business Consultant?
  - The work environment is usually office-based and project-oriented, with some travel involved.
• What personal qualities are important for a Business Consultant?
  - Analytical ability, strong communication skills, flexibility, and teamwork are key qualities.