Research Analyst (Macro-Economic)
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Economics Teacher
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Guest Teacher - Department of Economics
A graduate in Economics can expect many entry-level jobs in banking, finance, insurance, stock markets, sales and marketing as well as corporations like consulting firms or government departments.
They can also begin their career with government enterprises, public undertakings, investment firms, business journals and newspapers.
The Indian Economics Services and Reserve Bank of India are also excellent options open to those who want to join government services.
As a general option to all social science students, economics student can opt for journalism, law etc to diversify their career opportunities.
Those who have a keen interest in higher studies and research can opt for M.Phil. , Ph.D. and thereby aspire to take a higher position in public and private sector.
However, the more ambitious students of economics can go for MBA degrees offered by many institutions. They can also take up teaching as a career in various colleges, universities and professional institutions.
Some others may choose to enter non-profit institutions like NGOs.
Economic consulting is another option available for students from an economic background.
However, the foremost growth potential for economists lies in the private sector and most notably in scientific research and consulting firms.
Job Profile |
Description |
Budget Analyst (Jobs) |
A Budget Analyst is responsible for preparing the annual budget, compares it to actual results and then reports any variances from the budget. |
Sales Executive (Jobs) |
A Sales Executive is the key point of contact between an organization and its clients. They are responsible for organizing sales visit, presenting and demonstrating a product. |
Business Writer (Jobs) |
A Business Writer writes on business-specific topics and articles which cater to the trade and corporate world. |
Economist (Jobs) |
An Economist is an expert in economics. To become an economist, however, an MA/MSc. Degree in Economics is desired. |
Market Analyst (Jobs) |
A Market Analyst studies market trends and helps a company decide which products to produce and how to market them. |
Bank Teller (Jobs) |
A Bank Teller is employed with banks and directly deals with customers. In some cases, a bank teller’s job is similar to that of a cashier. |
Research Assistant (Jobs) |
Many organizations employ BA Economics graduates as Research Assistants in roles which require studying market trends, economic policies, consumer behavior etc. |
Source: Payscale
The minimum salary for a B.Sc graduate is Rs 1,33,000 to Rs 14,00,000 per annum.
Graduates usually get placed for jobs through campus placements.
The salary packages also depends on the college the candidate has graduated from.
Source: Payscale