The Federal Diploma in Business Administration for SMEs enables many graduates to take over the complete management of a small or medium-sized SME. This can lead to a further significant increase in salary. Other graduates already have a management function and use this further training to expand their knowledge base and theoretical skills. For them, the SME business management qualification does not have a direct impact on their salary, but often only when they are later promoted or change jobs. And quite a few course participants run their own company and do not have the primary goal of increasing their salary, but want to further increase their professional competence.
In individual cases, the development of the salary depends on other criteria such as sector, region, company or previous education, professional experience and age of the applicant. Calculate your individual chances "Betriebswirtschafterin KMU / Betriebswirtschafter KMU" salary with the help of the federal government's salary calculator:
This is how you proceed: Click on "Salarium - statistical salary calculator" below and then on the "Calculate salary" button
Source:"Federal Statistical Office, FSO"
Note: This sample calculation refers to the data of Salarium 2023, this service is temporarily interrupted. Information can be foundhere. A list of other payroll calculator tools is availablehere.
The example salary in our calculation for SME business economists is CHF 7,874.00. Now go back to the "Position in the company" section and select "Upper and middle management", resulting in a new average salary of CHF 8,924.00. This means that the salary has increased by 1,050 per month as a result of the higher professional examination.
Please note:The calculation is intended as an example for business economists in SMEs. As mentioned above, the salary depends on various factors and can vary considerably.
Rino works as an SME management specialist at a large sawmill in Münsingen. The 25-year-old analyzes the business performance of timber production and identifies problems. Together with members of the management team, he develops proposals for adjustments. He discusses these with the management and passes any improvement measures adopted back to the managers for implementation. He monitors and reports on the implementation of the measures. Rino also keeps an eye on global economic developments and how they relate to the sawmill. He identifies any resulting necessary adjustments to the internal organizational structure or organizational processes. If necessary, Rino recruits specialist staff for the sawmill. He enjoys working independently to optimize business processes. Rino is valued at the sawmill for his good business management skills, high sense of responsibility and analytical and conceptual abilities. The management would like to develop him further and assign him the specialist areas of finance, personnel administration, market research and process management. Rino would like to prepare for his new role in management by taking a higher specialist examination in SME business administration. On the SME business economist course, he will acquire specialist knowledge in general business management, HR management, organization, accounting, marketing and law. With the federal diploma, he is able to manage the sawmill's financial accounting and controlling, secure financing, conduct marketing, optimize organizational processes, take legal aspects into account and ensure personnel management. Thanks to the higher professional examination, Rino has been able to take on a more interesting role, earn a better salary and open up new development opportunities.
Financial benefits of continuing education in business administration for SMEs
As a business economist, Rino will receive CHF 1,839 more per month than before and will therefore have at least CHF 852,000 more at his disposal by the time he retires than if he had not taken this further training for the higher professional examination.
As this theoretical calculation does not take into account any further salary increases, promotions or interest on savings, the salary can still increase significantly.
Calculation in detail
Continuing education in business administration for SMEs HFP:
Wage difference and return on investment calculation Business economist for SMEs:
Sources:
(All figures as at November 2022)
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