An economics degree is viable in any industry. The relevance of the degree is cross-cutting in many, if not all, institutions. An economics degree imposes excellent analytical and problem-solving skills that will prove advantageous in any setup. Thesishelpers.com will show you how you can make your degree work
Careers Available For Economics Degree
There are many opportunities available for those who have acquired their economics degree. They are quite diverse and allow one to choose what they are passionate about. Here are some of the career choices:
- Data analyst
- Financial consultant
- Economist
- Financial risk analyst
- Public sector roles
- Financial planner
- Accountant
- Actuary
- Economic researcher
- Investment analyst
Economist Careers
Becoming an economist professionally will require you to accomplish a certain number of tasks. These job responsibilities involve research and analysis of economic data and stipulating trends. To be a successful economist, you might need to consider a postgraduate degree to help further develop your skills and knowledge.
The job description will require you to do very extensive research, draw up trends, and compile reports to present to your clients. Your clients can vary from individuals, financial organizations, and MNCs.
You may work either for the government or private contractors.
Banking Sector
Most Economics graduates end up in the banking industry. Banks are usually n the lookout for the best and offer high incentives to those with a degree in economics. They are easily adopted in different departments from financial risk, financial planning, consultancy, and financial control.
Accountancy
Accounting roles are availed to people with a background in economics. However, you may need additional professional certificates if you want to be regarded highly as an accountant. A career as an accountant will require you to record, classify, interpret, and communicate different financial data regularly. You may work for an individual, organization, or business.
This particular career requires powerful analytical skills, computer literacy, and meticulous mathematical proficiency. You will be required to make sense of very complex data and identify the root causes of specific trends.
Business and Financial Consultancy
Businesses and organizations interact with economics at a profound level. Hence the employment rate of economists is very high. Economics researcher must be thorough with their research, possess high proficiency in math, and an intricate ability to translate complicated financial jargon to more straightforward terms. An economist consultant must have extensive knowledge of all economics models.
Actuary and data analysts
An actuary is concerned with the evaluation and mitigation of financial risks. The economists provide reports and come up with strategies to mitigate risks. They usually work in insurance and pensions.
Verdict
Pursuing a degree in economics has many advantages, and you will not lack a niche that will interest you. You are not limited to the above options as the opportunities are vast. You can work for market research, business intelligence, politics, public relations, social research and taxation, law, management, and international development. There is no limit as to what you achieve with an economics degree. You may also opt to start your own business.