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Mikael Ericson has a vast work experience starting from 1993 when they worked as Trading and Sales at Handelsbanken Capital Markets. Mikael then held several senior roles such as Head of Trading, Head of Financial Control and Risk Management, Head of Global Trading, and Head of Handelsbanken Capital Markets. Mikael worked as CEO at D.Carnegie & Co AB, Carnegie Investment Bank, and Senior Advisor at JKL. Later on, they joined Danske Bank as Head of Corporates and Institutional Banking, Head of Capital Markets, and Head of International Banking before becoming the Group Chief Executive Officer at Intrum. Mikael then held Chairman of the Board and Non-Executive Director positions at different companies such as E. Öhman J:or AB, Protium, and Lyvia Group. Currently, they are Acting Head of Funding at EHAB - Esmaeilzadeh Holding.

Mikael Ericson pursued their education at Stockholm University. In 1981, they obtained a Bachelor's degree in Economics from this university. Mikael then continued their education at the same institution in 1984, for Doctorate Studies in Economics, which they completed in 1986.