Salary as Business economist

What does one earn as Business economist?

As a Business economist, one earns an average of 55.000€ per year in Germany. This corresponds to a gross monthly salary of 4.583€. The salary as a Business economist ranges between 46.547€ and 64.934€.

Nationwide, there are

9 Business economist jobs on jobvector.de.

Average Salary

55.000 € gross/Year
To give you a realistic assessment of your potential income, we use the 25th and 75th percentiles of our salary data for salary values (min, max). This improves the quality of our salary information by excluding distorting (extremely high and low) salaries.
min. 46.547 €

Gross salary/Year

max. 64.934 €

Gross salary/Year

Year Month
Demand in the job market for positions as Business economist is currently high, and many companies are looking for suitable professionals. Among the employers currently seeking applicants as Business economist are:

Starting salary as Business economist

The starting salary as a Business economist is on average 48.543 € gross per year. This corresponds to a monthly salary of 4.045 € 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 62.700 € gross per year.

Starting Salary

⌀ 48.543 €

With
Experience

⌀ 62.700 €

Job vacancies as Business economist

All Business economist Jobs

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.

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 55.000€, as a manager you can earn up to 57.768€.

Specialist

ø 55.000 €

Manager

ø 57.768 €

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 , Business process optimization , Transport economics , The economy , Energy economics , E-Business , Bioeconomy , Pharmaceutical Economics .

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 Hannover with an average salary of 65.835€ 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:

Ø Gehalt Gehaltsspanne
Berlin 52,500€ 46,547 € - 60,532€
Hamburg 52,500€ 52,207 € - 52,500€
München 57,242€ 52,105 € - 63,483€
Köln 50,820€ 45,924 € - 55,440€
Frankfurt am Main 55,220€ 46,363 € - 65,835€
Stuttgart 64,594€ 54,309 € - 68,640€
Düsseldorf 51,348€ 46,547 € - 55,989€
Dortmund 47,500€ 46,547 € - 51,348€
Essen 50,820€ 46,336 € - 54,244€
Hannover 65,835€ 59,036 € - 69,300€
Nürnberg 60,637€ 47,766 € - 65,917€
Duisburg 51,084€ 46,547 € - 56,623€
Bochum 50,820€ 46,547 € - 51,348€
Wuppertal 50,820€ 46,547 € - 55,440€
Bonn 54,101€ 46,452 € - 59,483€
Karlsruhe 55,598€ 52,140 € - 60,839€
Mannheim 65,835€ 63,755 € - 69,300€
Augsburg 65,835€ 57,684 € - 65,835€
Wiesbaden 53,881€ 46,501 € - 63,051€
Münster 46,363€ 46,125 € - 49,875€
Mönchengladbach 51,348€ 46,125 € - 52,500€
Gelsenkirchen 50,820€ 47,261 € - 56,615€
Aachen 52,762€ 42,790 € - 52,762€
Freiburg im Breisgau 56,632€ 52,833 € - 66,068€
Krefeld 51,084€ 46,547 € - 55,116€
Mainz 53,881€ 46,363 € - 63,051€
Oberhausen 51,084€ 46,547 € - 56,623€
Hagen 47,500€ 46,547 € - 51,348€
Potsdam 52,500€ 46,547 € - 60,532€
Ludwigshafen am Rhein 65,835€ 63,755 € - 69,300€
Show more cities

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 Lower Saxony with an average salary of 65.835€ 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 55,220€ 46,363 € - 65,835€
North Rhine-Westphalia 51,084€ 46,303 € - 55,577€
Rhineland-Palatinate 63,051€ 61,564 € - 63,747€
Bavaria 57,242€ 48,788 € - 62,700€
Lower Saxony 65,835€ 52,280 € - 69,300€
Saxony 57,007€ 52,371 € - 64,020€

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

All Business economist Jobs

The salary information presented here is based on salary data provided by employers in job postings as well as surveys of over 10,000 professionals in the STEM field conducted by jobvector.

These professionals bring a wealth of experience and expertise from various companies and positions, making the data a comprehensive and meaningful source for average values.

It is important to emphasize that these salary figures represent averages and cannot be directly attributed to individual job postings. However, they provide valuable guidance and insights into salary structures in the STEM field for both job seekers and employers.