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A: Yes. Many of the jobs suited for economics degree holders are currently in demand. Competition for the most lucrative jobs in the field will be stiff, however. You can set yourself apart from the competition by earning an advanced degree or a professional certification in your field.
Step-by-Step Guide to Becoming an EconomistStep One: Earn a Bachelor's Degree (Four Years)Step Two: Research Internship Opportunities (One to Two Years, Optional)Step Three: Pursue a Master's Degree (Two Years)Step Four: Gain Work Experience (Timeline Varies)Step Five: Consider a PhD (Four to Seven Years, Optional)More items...
Job OutlookEmployment of economists is projected to grow 13 percent from 2020 to 2030, faster than the average for all occupations. About 1,600 openings for economists are projected each year, on average, over the decade.
Professional economist careers Possible employers include local and national government, public and private banks, insurance companies, think-tanks, large multinational companies, financial consultancies, accountancy firms and local authorities.
The majority of economists go to work to the US, Germany and France (11% of the respondents respectively), followed by Switzerland (8%), Italy, Netherlands and the UK (6% respectively).
Step-by-Step Guide to Becoming an EconomistStep One: Earn a Bachelor's Degree (Four Years)Step Two: Research Internship Opportunities (One to Two Years, Optional)Step Three: Pursue a Master's Degree (Two Years)Step Four: Gain Work Experience (Timeline Varies)Step Five: Consider a PhD (Four to Seven Years, Optional)More items...
Top 10 In-Demand Economics CareersSecurities Trader. Median Pay: $130,299.Financial Manager. Median Pay: $129,890.Economist. Median Pay: $129,826.Lawyer. Median Pay: $122,960.Actuary. Median Pay: $121,077.Data Scientist. Median Pay: $116,185.Management Consultant. Median Pay: $103,022.Mathematicians and Statisticians.More items...?
You are likely to require an undergraduate degree in economics or a related subject, such as statistics, mathematics, business studies or finance and accounting. Some employers may require you to hold a postgraduate master's degree in economics.
The educational commitment for becoming an economist is extensive; many jobs in the field require a master's degree or PhD. As a result, it can take anywhere from four to twelve years to complete your schooling.
Corporations there are plenty of ways in which professionals with economic knowledge are needed in the world of business. Companies hire those with such backgrounds in positions like sales manager, market research analyst, accountant, actuary and benefits analyst.