Economist

Unleashing Economic Expertise: Your Essential Career Resource as an Economist

About

An Economist is a professional who studies about societies ranging from small, local communities to the entire nation as well as the global economy. The expert opinions along with the research findings by an economist are used to aid and shape a wide range of policies including interest rate, tax laws, international trade arrangements and much more.

Moreover, Economists study an association between a society’s resources and its outcome using a number of different indicators in order to predict future trends. The main responsibilities of an Economist include research on economic issues, conduct surveys, collect as well as analyze the data. They use numerous softwares along with mathematical models in order to collect and analyze the data.

Eligibility

For Bachelor’s

  • Aspirants need to pass 10+2 with at least 50% marks from any recognised board.
  • Students can opt for a Bachelor's degree in Mathematics, Economics, Accounting, Finance or any other related field.

 For Masters

  • To gain job market knowledge, one can opt for a Master's degree in Finance, Analytics or any other related field. 
  • Seekers must look for internship opportunities in order to gain expertise. 

Job Roles

The field of Economist aims to provide in-depth knowledge and enhance the skills of the students. To do such a task, this field presents innumerable job profiles:  

  • Financial Analyst
  • Economist
  • Health Economist
  • Junior Economist
  • Economic Analyst
  • Analyst Actuarial
  • Senior Economist
  • Retainer
  • Banking Analyst

Top Recruiters

There are many recruiters from leading companies who enlist potential students in the Economist field. Following are some Recruiters from where students can find an employment opportunity in India: 

  • Skyward Analytics
  • HDFC Life
  • Energy Aspects
  • Black Box
  • CAPA India
  • Palladium
  • Medanta
  • Citi
  • Shine.com
  • Arin Consultancy
  • Spectral Consultants
  • BioUrja Group
  • MacroHire

Salary

The salary range may vary from company to company, but the salary of an Economist is very impressive in India.

 

Level of Salary

Salary Package per Year

Starting Salary

Approx ₹6,30,000

Mid Level Salary

Approx ₹11,10,000 

Senior Level Salary

Approx ₹20,60,000 

Skills

  • Understanding of Complex Systems 
  • Knowledge of Social Sciences
  • Independent Thinker
  • Mathematical Aptitude
  • Interpersonal Skills
  • Writing Skills
  • Self-Driven

Scope

Economists analyze a disposition of economic issues as well as historical trends in order to help predict future financial and societal events. Furthermore, Economists study, research, project and evaluate trends in various industries such as healthcare, environment, education, business development and many more.

Moreover, the career scope of Economists is on a rise as businesses are flourishing everyday so is the scope of Economists. Future predictions as well as market trends are very crucial for any business’s growth. Needless to say, the career scope of Economists is blooming and now is the right time to join this career field.

Benefits

  • Great Salary
  • Interesting Work Environment
  • Multiple Job Opportunities
  • Good Social Standing
  • Plenty Growth/Promotion Prospect

Drawbacks

  • Hectic Schedule
  • Stressful
  • Potential Burnout
  • Advanced Education Needed