Career Options After BA in Economics

You understand the world and how it works in the present economy, the prices, the market's ups and downs and you get a better understanding of the social economics status.

• Choosing economics for your career gives you a tile field option in consulting finance, international organisations etc.

• People who have higher degrees and jobs in economics could have the opportunity to earn high packages like economic consultant, finance consultant, data scientist etc.

• Not only in high earning situations but also it helps the country to solve different economic problems like poverty extra by shaping policies, consulting about finance changes and finance plans etc.

• It provides you with global opportunities to work in international organisations as a finance consultant or data scientist in UN or international companies and banks. Jobs after economics honours can be both impactful and financially rewarding.

Here are mentioned the most pursued career after BA economics that are top option for most graduated student after BA economics:-

Financial Analyst

Education: One could pursue your BA in Economics, for additional push you to continue higher studies with MBA etc.

Skills: The skills you need to have are financial modelling, MS Excel, data analysis, et cetera.

Salary: 4-8 LPA

Economic Research Analyst

Education: One could pursue BA in Economic jobs for their bachelors then if needed could pursue MA economics or MA in statistics.

Skills: One should have skills like statistics, report writing, research and analysis, et cetera.

Salary: 4-7 LPA

Data Analyst

Education: One could pursue your BA in Economics for bachelors and for additional courses one could enroll in a data analytics course to enhance the resume.

Skills: Skills you need are data analysis, python, SQL, interpretation, etc.

Salary: 4-9 LPA

Policy Analyst

Education: One could pursue BA in Economics in bachelors then for higher studies you could pursue MA in public policy in developmental studies.

Skills: The skills that you need are policy writing, research, social economic knowledge, communication etc.

Salary: 5-10 LPA

Civil Services

Education: One could pursue bachelors in economics degree job plus should give civil services exams like UPSC, IES etc.

Skills: In-depth knowledge about career in economics and India's general knowledge and article knowledge, good writing skills etc.

Salary: 10-14 LPA

Market Analyst

Education: One could pursue your bachelors in economics and for higher studies MBA or extra certificate also work in business administration.

Skills: Skills you need are competitive analysis, market research, communication skills, writing skills etc.

Salary: 5-9 LPA

Investment Banking Associate

Education: One could pursue a bachelor's degree in economics and for higher studies they could go ahead with an MBA from a reputed University or Ivy league.

Skills: Skills that you need are modelling, acquisition, modelling, knowledge in finance etc.

Salary: 10-20 LPA

Actuarial Analyst

Education: One could pursue bachelors in economics and actuarial science exam needs to be cleared.

Skills: Skills that you need are probability, statistics, risk modelling etc.

Salary: 6-10 LPA

Professor

Education: One could pursue BA in economics and masters in economics additionally clear the UGC NET exam.

Skills: Mainly you need teaching, writing, research etc.

Salary: 5-12 LPA

Government Jobs

Education: One could pursue a BA in Economics and any government exam you want to pursue.

Skills: Skills that you need are aptitude, reasoning, general awareness, etc.

Salary: 5-12 LPA

Is it necessary to pursue higher studies for better economic job opportunities? Here are some pros and cons for pursuing an MA in Economics:

Here are some of the skills you can acquire for better career after BA in Economics:

•  Data Analysis and Statistical Tools: Employers love candidates who can interpret and visualize data like, proficient in excel, knowledge of R, python, experience with SPSS, STATA, or SAS.

• Financial and Economic Modeling: Especially important if you're going into finance, research, or consulting like economic forecasting, financial modeling and valuation techniques, cost-benefit analysis.

• Research and Report Writing: These demonstrate your ability to synthesize complex info like conducted primary and secondary research, policy analysis and white paper writing, academic research and literature review, strong report presentation and documentation skills.

• Communication and Soft Skills: Economics grads often work in teams or need to present insights like, effective verbal and written communication, presentation and public speaking, team collaboration and leadership, critical thinking and problem-solving.

• Certifications and Online Courses (Highly recommended): Boost your credibility with relevant short courses like Google Data Analytics, financial Markets, economics of Money and Banking.

  
   

• Business and Market Understanding: Shows you’re industry-aware and ready for practical challenges like market trend analysis, understanding of micro and macroeconomic indicators.