Economics isn’t just a college major or a field of study. It is the past, present, and the future of the business world. Due to such great importance, it is observed as one of the most popular majors amongst university students. An economics degree will help you get job in a variety of fields, regardless of what industry you work in.
Take a look at these 9 career options for Economics students:
1) Economist
An economist gathers and analyses data, explores trends, and assesses economic concerns in the areas of resources, goods, and services. Despite the fact that most economists work alone in an office, many collaborate with other economists and statisticians.
2) Financial Analyst
A financial analyst’s primary responsibility is to filter through data in order to detect opportunities or assess outcomes for corporate choices or investment recommendations. Financial analysts can work at all levels of a company, from junior to senior, and it’s a niche that often leads to other job prospects.
3) Accountant
An accountant assists business organisations in making key decisions by collecting, correcting and tracking the company’s financial account. They are in charge of financial audits, bank reconciliations, and guaranteeing the accuracy of financial records throughout the year.
4) Policy Analyst
A policy analyst’s job includes assessing the efficacy of existing policies and establishing the groundwork for future programmes and laws that will help achieve business objectives and goals. The job entails analysing and updating policy papers as well as making recommendations to improve the effects of existing policies.
5) Actuary
An actuary’s job requires regulating the current effects of future possible events, financial modelling, risk analysis in various sectors of insurance, determining the value of life interests and insurance risks, and policy design and pricing.
6) Data Scientist
Data scientists integrate computer science, economics, statistics, and mathematics in their work. They interpret the outcomes of data analysis, processing, and modelling to generate actionable plans for businesses and other organisations. Firms selling goods and services hire data scientists to improve sales.
7) Management consultant
A management consultant (or a management analyst), assists a firm or government agency in planning and executing initiatives with the goal of increasing profitability or competitiveness. The consultant may suggest a range of solutions to change the organization’s structure or operating practises to reach this goal.
8) Statistician
Statisticians collect and analyse data in order to find patterns that explain or describe the world as it is. From the start, a skilled statistician is involved in survey creation and data collection, assuring the data’s validity and utility.
9) Market Research Analyst
Market research analysts, also known as market researchers, assist businesses in gaining or maintaining a competitive advantage by identifying and delivering data-backed insights about future markets, competitors, and even customer behaviour.
How can Rostrum Education help?
Students who have occupational goals lack guidance. We at Rostrum Education provide indepth guidance when it comes to the pathway that you could take for your post secondary and post graduate educations. We not only help you select the perfect course but we also help you with the entire process of applying to universities. Contact us today for a free consultation session!
