It’s a mistaken view that the only job of an economist is to monitor the U.S. economy for signs of instability and weakness, or forecast how long the market will take to rebound. Sure, this is one job that a top market economist might do, but there are many more jobs in a range of fields that are even more popular. Behind every successful business, there are financial analysts, accountants, operations managers and consultants directing how the company uses resources and runs most efficiently. Whether it’s a branch of government, a non-governmental organization, private industry, health care systems, universities or financial institutions, you can rest assured that someone with a degree in economics is working behind-the-scenes to ensure success. To find a job in this well-paying field, students must first pursue an economics education, preferably to the highest degree.
People who have obtained bachelor’s degrees in economics education have a good selection of job opportunities, according to data collected by www.payscale.com. Currently, the top jobs held by individuals holding a bachelor’s degree in economics are Financial Analysts ($54,100), Accountants ($45,900), Financial Controllers (F($84,100), Operations Managers ($70,600), Operations Managers ($70,600), Corporate Financial Analysts ($63,400), IT Project Managers ($94,700), Business Process Consultants ($104,000), Personal Bankers ($37,600) and Business Analysts ($65,900). During undergrad, students will take tons of math courses, as well as philosophy, economic theory, business management and business writing courses.
Other jobs for students pursuing economics education at the bachelor’s level may include Financial Research Analysts ($85,500), who gather information and determine how a company or individual should spend their money to maximize profits, or Underwriters ($63,200), who assesses new clients for potential risk and insurance liability. Management Consultants ($124,000) provide advice on the strategy, structure and operations of an organization to provide added value and improve performance. Construction Project Managers ($86,000) plan, direct, coordinate and budget the completion of infrastructure projects. Credit Analysts ($46,700) determine the creditworthiness of prospective borrowers. Banking Branch Managers ($58,500) ensure branch profitability goals are met and manage losses. Regional Sales Managers ($104,000) forecast, review inventory, travel, recruit, train and ensure that growth goals are met. These are just a few of the positions that can be secured with just a bachelor’s Degree in education economics, although obtaining higher degrees will make an individual more competitive.
Most of the growth in economics education based careers will come in the private sector, as scientific research firms and consulting firms expand. More and more emphasis is placed on statistical analysis to predict market trends for businesses. While the federal government has cut some positions, more are expected to open up in local government. Competition is fierce for these top-paying jobs, particularly for those with only a bachelor’s degree from an economics college. The candidates with higher degrees, stronger mathematical skills and a penchant for analysis will ascend to high-paying specialist positions with ease. There is, however, strong competition for professorships and tenure at the nation’s top universities, so many economists may opt to teach at public high schools instead.
Beth Kaminski is the co-author of Curing Your Anxiety And Panic Attacks which detailed treat anxiety attacks as well as tips on the various anxiety disorder medications available at anxietydisordercure.com.
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