Excerpted from the Sweden Career Guide
Over the last decade, Sweden's financial services sector has experienced many changes and rapid growth. While established companies have expanded operations, including expansion into international markets, new companies have entered as well. Furthermore, banking and insurance operations have combined, with large banks developing their own life insurance operations and large insurance companies creating banks of their own.
Areas of Job Promise
Nordic private equity (PE) firms are hiring in response to a ‘hot’ market, according to the Swedish Private Equity and Venture Capital Association. Buyout investments in Swedish portfolio companies recently reached a historically high 23.7 billion SEK. Swedish PE-owned companies employ 180,000 workers. While PE teams in the Nordics tend to be small, often consisting of just the founder and an associate, recently firms have been selectively hiring one or two additional associates, usually middle or junior-level workers with good transactional and execution skills. Two to three years' worth of deal experience is usually required, and candidates with backgrounds in mergers and acquisitions are especially sought after.
Organizations and Trade Associations
http://www.farsrs.se (Swedish, English)
FAR SRS was formed in 2006 by the merger of FAR, the Swedish Institute of Authorized Accounts, and Svenska Revisorsamfundet SRS, the Swedish Association of Auditors. FAR SRS is the professional institute for authorized public accountants (auktoriserade revisorer), approved public accountants (godkända revisorer) and other highly-qualified professionals in the accountancy sector in Sweden. FAR SRS includes authorized public accounts, approved public accountants and specialists. The group establishes auditing and reporting standards; conducts research, continuing education programs and surveillance of auditing practices; and publishes books, newsletters, journals and other information.
113 82 Stockholm
Kungsbron 2, plan 9
Tel: +46 8-506 112 00
Fax: +46 8-506 112 50
Dagens Industri is the premier Swedish daily business and finance paper. It reports news and provides commentary about the national and international financial climate, as well as political news of importance for business. It also offers an online paper six times per week, posted at 6 am and updated regularly until the New York Stock Exchange closes. The hardcopy version is available electronically at 8 pm.
S-113 90 Stockholm
Tel: +46 8 573 650 00
This is just a sample of what you'll find in the complete Sweden guide.