Take a look at this list of the best jobs for economics majors. For instance, if research is your passion and you dream of finding a position in government agencies or think tanks, you will definitely need to pursue graduate studies. It's used in many situations from data science to data visualizations. What careers follow after an economics degree? How would you advise students on how to succeed in school? Yanki: I am a research analyst at the IMF, which was the position I wanted since the beginning of my graduate school career. Get a Masters in Statistics -- it only takes a year and will prepare you for your life as a pseudo-mathematician if you want to get your economics PHD. It might sound scary, and it might be scary at first, but don't worry--you got this. If you don't feel you can get the job you want right of college, consider going back for more education. And after all of that hard work, logging in hours and hours of studying, test-taking, essay writing, and let's face it, wondering why you ever decided to go to college in the first place, and was it really worth it? Jobs for economics majors are wide-ranging and offer a diverse array of benefits. Perhaps the most important thing you can do right now is putting yourself out there for some internships (though, hopefully you have one or two under your belt from your time in school. Easily apply to jobs with an Indeed Resume, 3 Habits That Could Increase Your Chances of Getting the Job. If you have solid oral and written communication skills and enjoy explaining complex concepts in plain language, you may find success as a business journalist. Click on the Job Title to see just what these people do--and how much they make per year. I was looking for a full-time job since October when I knew I was going to graduate in December. Market research analysts study market conditions to examine potential sales of a product or service. If you're reasonably certain of the kind of career you want, and your odds of succeeding in that career will be better with an advanced degree, then grad school might be a good option. I am an international student. You can use an economics degree to study industry trends, labor markets, the prospects for individual companies, and the forces that drive the economy. Economics majors are successful in a wide variety of careers. A common fixture in government departments, research firms, and higher education institutions, budget analysts help large organizations keep their financial house in order. Python - A great novice language that will let you impress your boss. Fort Hays State University Legal work requires finding patterns and inconsistencies in large amounts of information, which comes naturally to those who make it through an economics program. If you are trying to figure out which career path to follow with your major, then the following career path map might be useful to you. Profit from one of these careers. They research and write about financial trends, economic policies, government actions and companies that might affect the nation’s finances. R - The language of statistics nerds and PHDs. Join Over 1.5 Million People We've Introduced to Awesome Schools Since 2001, Home > Articles > Jobs for Economics Majors, By Crystal Lee | Last Updated July 23, 2020. Operations research analysts use advanced mathematical and analytical methods to help organizations investigate complex issues, identify and solve problems, and make better decisions. School: UC Irvine Economics programs equip you with the skills that many companies need. Although various roles in businesses are most common, economics majors are successful in law, medicine, government, non-profits, and international relations, as well as in academic roles. As a market research analyst, your job is to survey a business segment to figure out what products will sell well, who will buy them, and how much companies can charge for them. The idea is to find an optimum price that will boost sales and increase profits. What you’d do: Actuaries help … Just enter your zip code into the search tool below to get started! They educate clients about anything from budgets and savings plans to investment and tax issues. The critical thinking skills you've developed during your time as an economics major translate well into the world of law. As with other factors, choosing the right industry can change the salary for economics majors drastically. School: Johns Hopkins University Lucky for you, the market for economics jobs is more bull than bear. Primary duties: Compensation managers develop and administer an organization’s compensation and benefits plans to employees including retirement plans, 401Ks, wellness programs and more. They assess individuals’ financial standing and help them make personal decisions on items such as savings, loans, stocks, insurance and other investments. So here are some pretty common, entry-level jobs for recent grads such as yourself: Accountants If not, don't fret! Auditors perform quarterly or annual reviews. How did you get your first job? After all, those who complete economics programs can find work in a huge variety of industries, from banking and insurance to real estate and public service—and almost none of those jobs specifically ask for economists. I will also coordinate the customer involvement of other company personnel when needed, including support resources, team members, and management. If you start with simple assumptions, for example the size of a ping pong ball and the diameter of the cabin, you can slowly work your way to a reasonable solution. While law school doesn't offer quite the same expected ROI as business school, the top law schools are great for future earnings. Enter "economics" into the search bar and you can get a sense of what kind of government jobs are available to economics majors. A list of the most popular jobs for economics majors. Â© 2018 Fort Hays State University. The good news is, as an Econ Major, you're already pretty well abreast of the skills you'll need in the workforce. They are responsible for determining the credit standing of the applicants and determining a solution for the customer. Companies with this position: Gannett, NBCUniversal, TEGNA, National average salary: $75,911 per year. You also have to present your findings in a way that people can easily understand. Will you have to take on additional student loan debt?
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