Starting Salary
⌀ 51.189 €
Starting salary as Business economist
The starting salary as a Business economist is on average 51.189 € gross per year. This corresponds to a monthly salary of 4.266 € gross.
Your chances of a higher salary increase with your work experience, as you can often take on more responsibility.
As a Business economist with several years of work experience, your average salary is 65.835 € gross per year.
With
Experience
⌀ 65.835 €
Similar Interesting Professions
As a Business economist, you have numerous specialization opportunities and related professions, such as
Economist , Businessman , Economics ,for which you could also be qualified with your knowledge.
| Ø Gehalt | Jobs | |
|---|---|---|
| Economist | 57,213€ | Current jobs |
| Businessman | 43,564€ | Current jobs |
| Economics | 55,902€ | Current jobs |
| Economy | 44,903€ | Current jobs |
| Business Consultant | 64,287€ | Current jobs |
| Business lawyer | 58,000€ | No Jobs |
Show more fields
Salary as Business economist
Specialist vs. Manager
Are you aiming for a career as a manager or do you prefer to specialize as a specialist? The salary for specialists and managers in the field of Business economist can serve as your first decision-making aid in choosing your career path.
Taking on personnel responsibility as a manager pays off in the field of Business economist. While your salary as a specialist averages 57.757€, as a manager you can earn up to 64.119€.
Specialist
ø 57.757 €
Manager
ø 64.119 €
Skills as Business economist
In addition to soft skills such as communication, flexibility, and teamwork, employers expect a variety of relevant hard skills and abilities for the profession as Business economist. The most important skills include: Business English , The economy , Business process optimization , Pharmaceutical Economics , Economic consulting .
Salary as Business economist
by City
Where do you earn the most as a Business economist? Currently, you earn the most as a Business economist in Rottenburg am Neckar with an average salary of 66.964€ per year.
In general, the salary as a Business economist is usually higher in large cities than in small towns. Large cities and metropolises often offer higher salaries, although the cost of living is also higher.
In which city you can earn particularly high salaries as a Business economist, you will find out in this table:
Salary as Business economist
by Federal State
In which region do you earn the most as a Business economist? Currently, you earn the most as a Business economist in Rhineland-Palatinate with an average salary of 63.051€ per year.
In Germany, there are still sometimes differences in salaries between western and eastern federal states.
We provide you with an overview of the salaries you can expect as a Business economist in different federal states.
| Ø Gehalt | Gehaltsspanne | |
|---|---|---|
| Hesse | 57,728€ | 47,956 € - 69,858€ |
| North Rhine-Westphalia | 52,762€ | 47,500 € - 61,783€ |
| Rhineland-Palatinate | 63,051€ | 60,466 € - 63,842€ |
| Bavaria | 58,517€ | 53,000 € - 66,990€ |
| Lower Saxony | 61,605€ | 52,280 € - 68,433€ |
| Saxony | 58,575€ | 46,941 € - 66,000€ |
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What factors influence your salary as Business economist?
There are several career factors that influence your salary as a Business economist. Average salary tends to increase with the size of the company you work for. In large corporations, salaries are often higher compared to start-ups and small companies. However, in smaller companies, you may have the opportunity to advance more quickly on the career ladder.
One of the key factors affecting your salary as a Business economist is your work experience. With each year on the job, you gain valuable knowledge and experience that become increasingly better compensated over time. In just a few years, you transition from a beginner to a young professional. After more than 10 years of experience, you can then be considered a professional. With increasing experience, you also have the opportunity to move into positions with personnel responsibility. A position with personnel responsibility is generally paid significantly better, and there are further factors influencing your salary here as well. For example, a department head with personnel responsibility for over 20 employees earns more than a group leader responsible for 5 employees.
Your educational qualification, the city, and the federal state where you work are also factors that influence your salary.
Business economist - Latest salary data 2024
How up-to-date is the Business economist salary data?
At jobvector, we attach great importance to always providing you with up-to-date and accurate salary information. Income as an Business economist has changed significantly over the last few years due to factors such as rising wage levels, inflation, new legal regulations, bonus payments and tax adjustments. It is therefore particularly important to us to present up-to-date data that gives you as an applicant a good and realistic basis for the next salary negotiation.
The salary information on jobvector is consistently kept up to date and is never more than three years old. This timeliness guarantees you a precise and clearly structured overview of salary structures as an Business economist, and effectively supports you in preparing for your salary negotiations.
Further job vacancies as Business economist
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