What To Do With An Economics Degree

Economics deals with the production and distribution of wealth, goods, and other services. Many students who obtain a degree in economics find jobs as economist, while others pursue similar careers in other relevant fields in business, academia, private sectors, and government. Students who wish to pursue a degree in economics will study topics such as forecasting, macroeconomics, global and emerging markets, economic development, microeconomics, economic reporting and analysis, managerial economics, and calculus.

While at their college or university, students should explore different concentrations that align with their desired career. Those who hold economics degrees can work in businesses such as banks, petroleum companies, universities, credit card companies, medical associations, and many others. Some specific jobs include economist, financial advisor, accountant, financial analyst, stock broker, personal banker, investment advisor, and actuaries. Individuals will most likely be working with finances, so both liking and understanding simple and complex math foundations is a plus.

If individuals are interested in the business sector, they will be finding jobs in transportation, health, labor, industry, and private firms. Employees in these fields typically have advanced statistics, writing, verbal communication, and computer skills. For those who are learning more towards government, the most likely departments in which to be employed include finance, business, labor, agriculture, international trade, transport, and urban economics. In order to submit an effective resume to these departments, students should try to involve themselves in student government, find an internship in a government agency, and consider graduate school to be eligible for a wider variety of careers.

Many individuals who hold an economics degree go into the economic and market research field. These typically include business firms, consulting firms, consumer goods manufacturing firms, and market research firms. An accompanying business minor is also a great support when finding a job in this field. Students should also try to involve themselves in the campus newspaper, work for a political campaign, and take a business research practicum.

Another available field is in banking and finance. Graduates may work at regional and commercial banks, or Savings & Loan associations doing work such as trusts, operations, systems, and credit lending. In order to be successful in this career, students should have advanced computer and analytical skills, and have some experience as a cashier, teller, or have worked as a financial officer or treasurer.

The majority of people who pursue this degree are interested in becoming economists. These professionals will analyze and conduct research on how resources are distributed and used in order to produce services and goods. Most individuals will have specialized knowledge in a certain concentration in this field, such as industrial economics, organizational economics, and microeconomics.

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