This research study particularizes the general descriptions of the European Qualifications Framework for Lifelong Learning, as compiled and developed within the Romanian qualification framework, to the business and economics field in general and to the property economic analysis and valuation field in particular. By means of an empirical analysis, the study validates the importance of a series of competences for the labour market and their hierarchy, while defining the cultural, economic and technical factors that shape employers' profile and influence their viewpoint on competences. The research findings support cross-sectional comparison between sectors, occupations and regions, in order to enhance the implementation of competency-based education in a post-communist European country.