For those wondering what types of jobs are available with a bachelor’s degree in economics, we have some great info here. Having become educated in the world of money, you are ready to work in that same, exciting and finance-driven world. Here are five great examples of jobs available for those holding this particular degree.
The world of business is fueled by numbers. Understanding these numbers is crucial for any private or public operation. The statistical analyst is a professional that works with analyzing and interpreting statistical data. The statistical analyst may work for a private company or even a government agency.
How are material storage costs related to sales profit numbers? How many corn plants can be sustained on 100 acres of fertilized soils? How many paper towels does the average consumer use per month? Any and all important numbers questions are the statistical analyst’s area of expertise.
Business Planning Consultant
All businesses strive to accurately forecast and plan for the future. The economics major is a perfect candidate when it comes to fulfilling this need. Enter the business planning consultant.
The business planning consultant is ultimately responsible for a company’s overall direction in policy going into the future. Being able to provide this requires the application of their advanced knowledge on financial trends, consumer patterns, and market valuations for the future. In the end, the successful pro here assures their parent company a future of success.
The fraud analyst is the key defense in fraud suffered by many companies. In a financial institution, the fraud analyst may investigate exchanges and movements in securities that are suspicious. In a government agency such as the Social Security Administration, the talents of the fraud analyst are needed to prevent losses through fraudulent claims to monetary benefits. The work areas here may greatly vary, but the core mission in fraud analysis is the prevention of the suffering of fraud by the parent company or organization.
An economist is someone who broadly analyzes the entirety of the world of finance. This person may work for a government agency such as the Bureau of Labor Statistics or the Federal Reserve, or they may even work for a private entity such as a stock broker or bank. In all cases, the economist provides an unrivaled and very wide view of the global money markets at work.
It is important to note however, a full-fledged economist must have a Ph.D degree in economics. The role of the associate economist is typically to work the same duties but under the guidance of the economist. The associate economist is fully qualified though in their own role by having a bachelor’s degree in economics.
The operations analyst is yet another great career offering for those with this valuable degree. The operations analyst plays a part of strict concern for the day-to-day operations in a business. In a manufacturing facility, they may analyze efficiency in the production process of an automated assembly line. Working for a software designer, the operations analyst may focus on programming processes and the current ratios of working designers to actual software created. Daily operations are the focus of this professional in economics.
In the end, the economics graduate can seek out any number of quality, relevant jobs. As discussed in the Forbes article “Career Advice for Economics Majors,” graduates in this field don’t always go on to be economists, as is popularly thought. With this said, for those wondering what types of jobs are available with a bachelor’s degree in economics, there are many; your perfect job in economics awaits.