Careers in Economics | Top 12 Career Options

Thinking about enrolling for an undergraduate course in Economics?
Economics remains one of the most fascinating, omnipresent and lucrative fields of study, with a plethora of career paths spanning out of it after an undergraduate and postgraduate degree in the subject. You have the opportunity to work in the corporate, government as well as the development sector in roles spanning from consulting, analyst, researcher as well as an academician.
This video will take you through the top 12 careers in economics, most of which are open to professionals after an undergraduate degree in economics.
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[@nimeshikanaivedya283]

I was complacent and had reprahensions about a career in economics untill i watched this video . It gave me hope and opened eyes to wider and prospective careers in economics. Thank you so much .

[@nazbegum4759]

Excellent compilation. Informative

[@valentinagomes5229]

Thank you so much for rising the spirit up .Going to do MA in Economics after having BA in Finance 🙏

[@isbfonline]

You got this!

[@DELTAGAMINGAMAN]

what is meaning of ba in finance

[@cognitivedevil545]

where did u do ur ba in finance

[@ganeshsonawane4724]

Thank you very much for this information.. Sir I completed MA economics in 2020. But I am so sad today now.. I don't have chances for career after post graduation.. But I watched this video I feel confident about my career..

[@isbfonline]

Chin up Ganesh! We're sure that you'll do well in your career and opportunities will arise :)

[@ganeshsonawane4724]

@@isbfonline sir...plz will you give me contact number for guidance?

[@zorty313]

@@ganeshsonawane4724 did you get a job?

[@chhayarajput01]

Nice video thank you so much

[@isbfonline]

We are glad that you found it useful.

[@AbhishekMishra-fb8gm]

Awesome explanation and very informative

[@isbfonline]

Glad it was helpful!

[@trickyman1327]

Can you tell how do I become a data scientist means choosing which course. Which will help in it??????

[@aasispaudel6633]

Lovely....

[@isbfonline]

Thanks 😊

[@gitanjalipatil290]

I’m currently pursuing ma in economics I’m interested in doing job in analytics Do I need to do some course for it?

[@trickyman1327]

Can i do bsc economics even if I have commerce stream or. MSc economics??

[@piuchuipoukahmei7938]

Economics makes a Backbone of the Society

[@isbfonline]

We couldn't agree more! :)

[@annthomas2930]

Hi so i am a pg graduate in economics and i don't have any other skills and i don't know how and where to apply for jobs

[@nalinim575]

Please put a video on Chartered Economist professional course. How to do with ba economics? What is its scope

[@isbfonline]

Hi Nalini, Thank you for your suggestion. We shall make it in the future. In the meantime, let us share your query to one of our faculty members and provide you with a detailed answer. Regards, Team ISBF

[@isbfonline]

Hi Bala, we did a lot of research on what a Chartered Economist is and currently it is at a very nascent stage in India, unlike a Chartered Accountant. Here's a link which may give you more information: www.aafmindia.co.in/CE/chartered-advanced-economics-courses-for-students.aspx

[@saranyamohan1962]

I have completed bcom and currently pursuing company secretiarship. I would like to study about economics and finance. Which would be the best course on economics and finance to opt for?

[@isbfonline]

Hi Saranya, thank you for reaching out to ISBF! As you have already completed your undergraduate degree, you could pursue a Master's programme either in India or abroad. The other option for you would be to look at building your economics or finance quotient by pursuing a 1-year Graduate Diploma programme. At ISBF, we offer 1-year Graduate Diploma programmes in Economics, Management and Finance all of which are under the ambit of the University of London and the curriculum that you will study will be from the London School of Economics. The GD programmes serve as a perfect stepping stone to pursuing a master's abroad or focussing on a research oriented employment approach. Would you like to know more about these programmes?

[@rinkysingla4425]

Humme economist ban ne ke liye kya yeh process follow karna padhta hain? Jaise pehle B.A. in economics phir M.A. in economics aur phir ph.d in economics? Yaa phir hum directly Masters karne ke baad economist ban sakte hain?

[@isbfonline]

Hi Rinky, it depends on what you want to do. If research is your chosen line of career in Economics, then yes a PhD would be imperative. But if you want to work in public policy or at think tanks, then a master's should suffice. Having said that a PhD would probably be the biggest asset for you. Do have a look at out University of London - London School of Economics BSc (Hons) Economics programmes that are offered at ISBF New Delhi - www.isbf.edu.in

[@vijayraaghavan7850]

Well I just have one small doubt.... I am in my class 12 and i have chosen humanities as my stream... And my subjects are history, pol science, economics, english and computer science... I am quite weak with my mathematics... But i want to do economics in my higher studies... Will that be a good option if I choose economics as a subject for my undergrad and pg

[@chiraagmehta7484]

Hi Vijay, pure Economics is quite a quantitative field, with more and more Mathematics as one progresses from UG to PG to research and a PhD. Since it seems that you don't have Maths in Class 12 (unless that's your sixth subject), this would count as a disadvantage. But the answer to your question (about whether or not to pursue Economics) also depends very materially on what career you wish to pursue. If you want to become an economist, then you should study Economics at the UG level, and my advice to you would be to befriend Mathematics at the earliest possible. It doesn't matter so much if you're not great at it, or not scoring very high marks, so long as you don't dislike doing it. If, on the other hand, your career aspirations are, say, to work in the corporate sector, then I would suggest that instead of pure Economics, you look to pursue a dual degree programme such as Economics & Management, which is ideal for students who like Economics but not the Maths that comes with it. I hope this helps. All the best.

[@vijayraaghavan7850]

@@chiraagmehta7484 thank you so very much chiraag sir.... For taking time and replying for my question...

[@leelarawat2450]

@@chiraagmehta7484 hey do you work in the management/finance field?

[@neelvellore6732]

My son is not very keen on maths. Looking for combination of economics with something else

[@adityadhankhar5681]

What can you do after a BA Economics honors in the field of economics? Can I do an MSc in economics?

[@isbfonline]

Hi Aditya, yes surely you pursue a Master's in Economics. However there will be a difference in the way the subject is approached as an MSc would treat Economics as a science and the curriculum will be application-oriented, while a MA would treat it as a social science/art subject where the curriculum is more theoretical. Here a Graduate Diploma in Economics from LSE offered at ISBF New Delhi would provide you with an advantage as it would bring you to speed or in some courses take you further ahead than an MA in Economics. For more information on GD Economics, please check out the link: www.isbf.edu.in/postgraduate-courses/diploma-in-economics/

[@karnisingh8925]

Will doing economics (BSc) from a reputed iit be good.?

[@isbfonline]

Hi Karni, Thank you for reaching out to us. IITs are great institutions that have helped build this country and provide a more science-oriented society. However, it is primarily a technological institute. We would recommend an institute that specialises in Economics education, and an education that would value not just to your career in the short run but in the long run. The LSE-led BSc (Hons) Economics at ISBF is one such programme that has consistently produced some of the best economics graduates this country has seen. With an up-to-date application-oriented curriculum from LSE and a globally acclaimed degree from the University of London, ISBF students have a flood of opportunities that allow to venture abroad for a top Master's programme or a placement here in India in a renowned multinational company. To know more about BSc (Hons) Economics, click here: www.isbf.edu.in/bsc-undergraduate-courses/bsc-economics-honours/ To know more about Placements at ISBF, click here: www.isbf.edu.in/career-prospects/placements-in-india/ Do let us know if you have any further queries :) Best Regards, Team ISBF

[@gloomywayfarer]

Is it compulsory to have Mathmatics as a subject in 12th?

[@isbfonline]

For studying the London School of Economics's BSc (Hons) Economics or BSc (Hons) Economics & Finance programmes at ISBF, it is indeed compulsory to have Maths in Class 12 in school. This would generally hold true for any high-quality undergraduate programme in Economics. In fact, Maths becomes more and more important as you go from school to undergraduate to postgraduate study in Economics. If, on the other hand, you like Economics but don't like the Maths that comes with it, then opt for combinations of Economics with Management or other less quantitative subjects, where Maths up to Class 10 would suffice in terms of eligibility. You would typically then go on to pursue an MBA and work in the corporate sector thereafter.

[@zubairqureshi7541]

Economics is half mathematics

[@folorunsosegun9619]

Wow.. This is insightful. I need a scholarship to study Economics. Any opportunity available for me?

[@isbfonline]

Hi Folorunso Según, We offer both undergraduate and graduate diploma programmes here at ISBF. Which one would you like to pursue? ISBF also offers scholarships, while applying as well as while pursuing the programmes. Do let us know what you're looking for. :)

[@mallikarjunabeari4030]

Does any economics course include accounting pls clarify

[@memetemplates6603]

No

[@mallikarjunabeari4030]

May I know whether shld I prefer ba economics or bsc economics

[@isbfonline]

Hi Mallikarjuna, both have their advantages but in a post pandemic world where candidates are required to hit the ground running after college, they need to have more practical knowledge than theoretical knowledge. And that is where a BSc (Hons) Economics from a reputed institute makes a difference. The curriculum of the BSc (Hons) Economics programme offered at ISBF is from LSE and the degree awarded after successfully completing the programme is from University of London. This makes a huge impact due to an update application-oriented curriculum which taught by the exceptional faculty (from both LSE & ISBF) at our institute. For more information, please read our blog which explains the difference between the two: www.isbf.edu.in/blog/choosing-the-right-economics-degree-bsc-economics-or-ba-hons-economics/

[@ramyaramkumar1814]

Which one is best ma.economics or ma financial economics after ba economics?

[@isbfonline]

Hi Ramya, Thank you for reaching out to us :) The answer to your question is is dependent on the career path you want to follow. It is also dependent on the current job trends as the world has gone through a paradigm shift due to the pandemic. In a post-pandemic world, the need for professionals with specialised education has increased massively. Therefore, you may want to choose an MA in Financial Economics as it will provide you with a more nuanced qualification. However, if you are a purist and would like to pursue just Economics, then go for an MA Economics. Another factor to look at while making this decision would be your choice of Institution to pursue either of the programmes. Our recommendation, however, would be to look at an MSc in Economics as an MSc programme would teach you Economics as a Science and will have a application-oriented approach towards the subject. The London School of Economics, of which ISBF is one of the five featured teaching institutions in the world, offers this programme. And remember, an LSE degree would wonders to your career :) Do let us know if you have any further queries Best, Team ISBF

[@rosepeter680]

No matter the stock market crash one needs to have different portfolio, I already invested in Forex and Crypto which are really profitable

[@arghyadebnath3845]

Which one better MBA or masters in Economics for investment banking?

[@iamrania3771]

MBA is more likely general, masters in economics for investment banking is more specific. You can read more about both of them on google and choose what fits you more, they’re both great fields.

[@piuchuipoukahmei7938]

economics is better, you can do IES also

[@isbfonline]

Hi Arghya, an MBA specialising in Finance would be good for Investment Banking, while a Master's in Economics wouldn't give you that edge that is required for it. It is also important to note the other specialised programmes such as BSc (Hons) in Economics & Finance which you provide with the best of both worlds.

[@arghyadebnath3845]

@@isbfonline hello thank-you for the information. Is there in difference between ba hons. and bsc. hons in economics in India or is it just the nomenclature?

[@isbfonline]

@@arghyadebnath3845 There is a substantial difference in a BA (Hons) Economics & a BSc (Hons) Economics. One of the main differences is the curriculum that is taught. A BA would have mostly Theoretical Concepts which may or may not be updated or be applicable in the real world today. However, a BSc treats Economics as a science and therefore students are taught a highly application oriented curriculum with foundation in the theories thereby providing you with the advantage of hitting the ground running either for a Master's or for working at any firm.

[@thenoticed07]

I had business Mathematics in my 12th as a subject along with Economics, Commerce, Accounts. Am I eligible for applying in ISBFs UG ECONOMICS

[@isbfonline]

To pursue this programme, you must have studied Mathematics up to Class XII. There is no other stream or subject-related eligibility criterion. Having studied Economics previously is not necessary. Since you have studied Mathematics in your 12th class, you are eligible for the BSc (Hons) Economics programme which is offered on the academic directions from London School of Economics (LSE).

[@pkbvlogs874]

@@isbfonline is economic in necessary in 12th for B.A economics honours?

[@isbfonline]

​@@pkbvlogs874 Hi Pankaj, There's no subject-related eligibility criterion to pursue LSE's BSc (Hons) Economics programme at ISBF. Having studied Economics previously is not necessary.

[@pkbvlogs874]

@@isbfonline and for B.A economics honours?

[@isbfonline]

@@pkbvlogs874 This may vary from University to University. You can check on the institute's website for the same. However, it is better to know which programme benefits you the most in the long run. Do have a look at our BSc (Hons) Economics programmes at www.isbf.edu.in

[@jaisamariam552]

I recently got admission to University of Madras for MA Financial Economics, however I dont know much about the university, also what kind of jobs are available after this course?? I also want to know the procedure for employment in corporate sector ( for ma eco student) ?. In govt sector there are various exams conducted for various jobs, how is it done in corporate sector?

[@harshikabishnoi793]

Economics honours from maharani College jaipur is good

[@Roshan_godda]

Hindi me bolo yrrr

[@Roshan_godda]

Ji haan

[@jey2275]

No