A bachelor’s degree in economics can get you a number of entry-level jobs in business. You’ll find most positions related to accounting, tax law and consulting with a minor in money/banking. That said, you’re not totally restricted to those industries — if your grades are high enough and your passion for the field strong enough, some companies might be willing to overlook the whole major requirement thing.
A bachelor’s degree in economics can lead to a variety of jobs.
The Bureau of Labor Statistics predicts that job growth for economists will be about as fast as average through 2022, at which point there will be 6,300 jobs available in the field.
Some economists work for banks and financial firms, providing advice on how to invest money and how to manage assets.
Others work for government agencies, helping decide on tax rates or economic policy.
Some economists work in research and development, developing new products or processes that can improve business efficiency.
What jobs can you get with a bachelors in economics
Introduction
What kinds of jobs can you get with a degree in economics? This is one of the most common questions prospective students have when they’re researching whether to pursue a bachelors degree in economics. The truth is, while there are many great careers open to people with degrees in economics, it’s not always easy to find a comprehensive list of them. So we’ve done the work for you—below, please find some of the most popular jobs you can get with an undergraduate degree in economics:
Economist
An economist is a professional who studies the economy and how it affects individuals. Economists examine economic data to make forecasts, help companies make business decisions, and provide insights into all aspects of our economy. Most economists work in the private sector or government, but some choose to pursue careers in academia or the media.
Economists typically have a bachelor’s degree in economics. While there are no specific job titles for economists with undergraduate degrees, they will be responsible for similar tasks depending on their area of expertise. For example:
- An economist working at a government agency could review statistical data to predict retail sales trends by reviewing past trends over time while comparing those figures against current conditions such as unemployment rates or interest rates set by central banks like The Federal Reserve .
- An economist working on Wall Street might analyze financial statements from publicly traded companies (such as Google) in order to determine whether their stock prices should go up or down based on market conditions at any given time (e.g., if new products have been released).
Consultant
One of the most obvious jobs you can get with a bachelor’s in economics is to consult for a company, organization or government agency. Consultants are hired to solve problems, make recommendations, provide advice and expertise or just provide information.
To be a consultant you must have specialized skills that your clients need. They don’t want someone who has general knowledge; they want specialists who are knowledgeable in their particular field and can help them solve whatever problem they have on their hands.
Research Analyst
Research analysts are another type of job that requires a bachelor’s degree. Research analysts work in business, finance, and government organizations to help them make decisions. They study trends in the economy, analyze data and information to predict future events, make recommendations based on their analysis, and present their findings to clients or other decision-makers.
If you’re interested in becoming a research analyst but don’t have an advanced degree yet (like an MBA), it might be good to consider getting one after you get your bachelor’s degree. You could also choose one of many online master’s programs in economics that offer flexible schedules so that you can continue working while earning your master’s degree online from home or on campus at night or on weekends at local colleges and universities near you!
Risk Manager
Risk managers are responsible for assessing and managing risk for a company. They often work closely with other departments in a company to set up policies that reduce or eliminate the financial risks of their business. Risk managers can be found in many industries, including insurance, technology, healthcare and manufacturing.
If you’re interested in becoming a risk manager after earning your bachelor’s degree in economics, here are some skills you’ll need:
- Strong analytical skills — Risk managers must analyze information about potential risks and make informed decisions about how to mitigate them. This requires strong analytical thinking skills such as data analysis and problem solving.
- Problem solving — The ability to identify problems within an organization and come up with solutions that will fix them is essential for any successful risk manager who wants to protect the company from future losses or damages due to unforeseen circumstances (e.g., natural disasters).
Financial Planner
You can become a financial planner and help clients with their personal financial planning. As a financial advisor, you will provide advice on:
- Budgeting
- Retirement planning
- Estate planning
- Debt management
- Insurance planning (life insurance, health insurance)
- Investment planning
Financial Advisor
If you want to be a financial advisor and help clients with their finances, then a bachelor’s degree in economics is the perfect starting point. Financial advisors can be found working at banks, insurance companies and financial firms. Financial advisors work with clients to set goals and help them reach them through various means. They also create plans for each client based on their individual circumstances, such as retirement planning or investing strategies. If this sounds like a career path that interests you, consider earning your bachelor’s degree in economics before applying for jobs as a financial advisor!
Product Marketing Manager
Product marketing managers are responsible for developing the strategies and plans that will help drive sales of a product. They select the target audience, develop pricing strategies and create marketing strategies for products. Product marketing managers also work to promote their organization’s brand through various channels such as advertising, public relations or social media.
Qualifications: A bachelor’s degree in economics can give you the skills needed to pursue this career path. You’ll likely need at least three years’ experience in another field before you can start applying for jobs as a product marketing manager. In addition, you may need additional education and training depending on what type of job you want to do once you’re hired by a company. The median annual wage for these professionals was $102,910 as reported by BLS in May 2018.
There are many jobs available for someone with a bachelors degree in economics.
The number of jobs available to you with a bachelors degree in economics is significant. Many companies and industries hire economists, including:
- Financial institutions, including banks and investment firms
- Government organizations such as the Federal Reserve or the Bureau of Labor Statistics (BLS)
- Non-profits like think tanks, trade groups and advocacy groups.
Conclusion
Hopefully this has helped you determine what jobs you might be able to get with a bachelors in economics. I do want to make sure that you understand that this is not an exhaustive list. There are plenty of other jobs available for someone with these credentials, but it’s important to know which ones might pay more and what kind of education or experience might be required for them.
