Pangaea collects and analyzes consumer purchase and behavioral data to create premium, international…, Master's or PhD degree in statistics, economics, marketing, business, or other quantitative field. The latest edition is always up at, and notice the link to subscribe for free on that page. That said, every other method can work. Use Facebook or Google to sign in or register with SimplyHired. It’s not an inborn skill, but it can be learned, and it can improve with practice. Here’s a summary of my advice for soon-to-graduate or recently graduated econ majors, on the off chance that your parents don’t know me, or you’re too shy to pick up the phone and call. Using data from the U.S. Bureau of Labor Statistics, Monster found 10 great jobs for economics majors. Have you hired people who didn’t work out, and why not? Do new users acquired through Google ads convert to premium users as often as people who come from Facebook ads? We would like to present you with a list we have compiled of the best job opportunities for economics majors, ranked according to the median salary. But networking works best of all. Bachelors Degree in Statistics, Economics, Data Science, Mathematics or related field preferred. An econ major knows what factors could lead to higher sales or higher costs. Microsoft Word, 1 year (Required). The 7 Most Profitable Businesses You Could Start, The 6 Most Dangerous Roads You Could Ever Drive On. There are lots of good jobs available without a graduate degree, so taking years away from productive work doesn’t make sense. He compares the value of a user to the cost of acquiring users, through refer-a-friend promotions and advertising. Many informatics companies need healthcare analytics specialists … I wrote "Businomics: From the Headlines to Your Bottom Line—How to Profit in Any Economic Cycle" to help corporate executives and small business owners understand how the economy impacts their companies. What kind of jobs are there for economics majors? People who get their economic degree have numerous career paths to choose from once they graduate from school. I decided to become an economist at age 16, but I also started reading my grandmother’s used copies of Forbes. BSc degree in finance, economics, or a related field. You called to ask for advice; stick to asking for advice. Here’s a true story. Profit from one of these careers. At the corporate headquarters of a fast food company, an analyst tracks sales, costs and profits at their stores. Many hiring managers think that “economics” is about forecasting GDP and recommending monetary policy to the Federal Reserve. It’s amazing to me how many people are mystified by the “drill down.” That example from fast food, of whether sales are up because of more customers or higher sales per customer, is a drill down. Download a free copy of our newsletter and see the details inside! Learning about new products, industries, regions, business models. The median salary represents the amount of money at which half of the people in the workforce make more and half make less. So everything works. Bachelor’s degree in Risk Management, Economics, Accounting, Finance, Business Administration or the equivalent education and/or experience. For more information, see the, Create Job Alert for Economics Jobs in Los Angeles, CA, Strategy and Transactions- Decision Modeling & Economics- Financial Modeling- Manager, Middle Market Account Analyst, National Insurance, Provider Contract/Cost of Care Analyst - Entry Level – Health Economics, Economic Assistant (Part-time) (Spanish Speaking). If you are thinking of graduate school, scroll down to my final note on graduate school in economics. If food costs are up, is the price of food going up, or is spoilage increasing? Each meeting will lead to more meetings, in an exponential fashion. You’ll find a job before the number of meetings reaches infinity, trust me. My friends and fans love their monthly fix of economic charts, a 60-second scan of the economy. However, mid-sized companies actually employ more people than do large companies. A good econ major can learn about new fields. The Internet sector is using lots of analytics, and the companies are used to paying people well. While some people view an economist simply as someone who crunches numbers, the truth is that there are numerous job opportunities for someone with an economics degree. After degrees including a Ph.D. from Duke and three years as a professor, I found my calling in the business world. Please add the correct salary information in the original job posting. I began as a corporate economist (PG&E, Nerco, First Interstate Bank) and then entered consulting, helping business leaders connect the dots between the economy and business decisions. © 2020 Forbes Media LLC. The skills learned during an economics program help students prepare for a multitude of jobs. I’ve gotten a job by just walking in and applying; by responding to a job ad; through a headhunter; and through networking. As you close in on your economics degree, it’s time to start thinking about going from micro to macro and putting some stock into your future. The best job opportunity economics majors have is of pursuing a career as a financial manager, which emerged as the highest-paid job position in the industry. People are judged more by the questions they ask than by the answers they give. At a young Internet company, a guy estimates the value of a user. All rights reserved. I told him to call each contact and say that he is Bill Conerly’s nephew, a recent finance graduate,  and he would like to learn more about the kind of work that the person does. In all areas of job search, I find that people overemphasize the big name companies. Requires 3 years of experience, bachelor's degree in economics, business, accounting, political science or related field of study, or equivalent experience. Jobs like this are hard to find because they usually are not tagged “economics.” They may actually be filled by business majors, accountants, or former receptionists who proved their chops on the job.