What can You Do with an Economics Degree?
Want to know more about careers in economics? Read on for information about common career paths for economics graduates.
If you have an economics degree, there are many lucrative career options.
Whether you are investing in additional education or looking to gain experience out of college, you can find a job in economics that’s right for you.
Read our guide on how to find a job after university for more tips on getting a graduate job.
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Best Economics Degree Jobs
The following are some of the most popular economics careers, along with information on what to expect and the skills required:
Credit Analyst
The national average annual salary is $57,327 per year.
Credit analysts are in charge of evaluating client credit scores by gathering specific information.
They may also assist clients in improving their credit standing by developing improvement plans and providing information about various financial organizations.
Their assessments are used to make decisions about the client’s creditworthiness, such as credit card applications, loan applications, and so on.
Personal Finance Advisor
The national average annual salary is $65,526 per year.
Personal financial advisors work with clients to help them achieve short and long-term financial goals.
They assess people’s financial situations and assist them in making personal decisions about things like savings, loans, stocks, insurance, and other investments.
Financial advisors may work directly with their clients or for organizations such as banks or investment firms.
Policy Analyst
The national average annual salary is $66,462 per year.
Policy analysts are in charge of researching national economic trends as they apply to corporations and government agencies.
They collect information from a variety of sources in order to forecast economic trends and outcomes.
Supply Chain Analyst
The national average annual salary is $67,947 per year.
Supply chain analysts evaluate the processes that occur during the operations of a supply chain in order to identify inefficiencies and areas for improvement.
They are ultimately accountable for increasing output at the slowest possible rates.
Economic Consultant
The national average annual salary is $67,968 per year.
Economic consultants frequently collaborate with legal professionals to produce analyses, data, evidence, and other materials in legal cases involving economics or finance.
While paralegals typically handle the majority of these responsibilities, consultants may be called in for larger, more complicated cases.
Business Reporter
The national average annual salary is $69,488 per year.
Business reporters are journalists who cover business news and trends.
They conduct research and write about financial trends, economic policies, government actions, and businesses that may have an impact on the nation’s finances.
Loan Officer
The national average annual salary is $75,911
Loan officers collaborate with applicants to reach an agreement that benefits both the individuals and the lending institution.
They are in charge of determining the creditworthiness of applicants and devising a solution for the customer.
Portfolio Manager
The national average annual salary is $77,641.
Portfolio managers are in charge of managing the funds or fund groups to which they are assigned.
To make the best decisions for their fund, they must research the economic climate, economic trends, and perform other analytics.
Management Consultant
The national average annual salary is $82,108.
Management consultants assess areas for operational improvement with both public and private organizations. They create plans to improve organizational functions in order to achieve better, more efficient results.
Senior Financial Analyst
The national average annual salary is $84,878.
Primary responsibilities include closely monitoring stock market and bond trends, as well as other investments. They use their research to assist businesses and individuals in making sound investment decisions.
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Conclusion
With an economics background, it appears that anything is possible.
Auditor, stockbroker, insurer, business manager, retail merchandiser, pricing analyst, statistician, financial consultant, and salesperson are some other common economics careers and roles.
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CSN Team.