Careers in Economics
Economics
majors pursue several career tracks after completion of their degree.
Certainly for the choice of many, internship experience acquired
before graduation helps them make the correct choice and may offer
them a leg up on finding employment. Perhaps the most common form of
employment after graduation is in the private sector, with many
students expressing a strong interest in the financial sector. Many
students have also found entry-level positions in manufacturing and
trade.
One
way in which a quantitatively-oriented student can distinguish him- or
herself is to develop a stronger background in mathematics and
quantitative reasoning. That would include taking Econometrics
(when it is offered) as well as Calculus (the more, the better) and
linear algebra. Some students prefer to focus on developing
complementary skills in computer science. This kind of challenging
coursework sends an important signal to an employer about a student's
willingness to take on challenges. The most successful graduates of
Economics during the past decade or so have used this kind of
background to move into training programs offered by major firms or
into consulting positions. Following a few years of this kind of work,
they typically return to college for an M.B.A. or Master's of Finance.
The
private sector is not the only potential source of employment. An
economics degree offers an excellent preparation for work in the
non-profit sector, particularly for agencies that value the
quantitative skills and anlaytical reasoning developed within the
major. Positions in city planning agencies, other non-profit agencies
in the social services or development work, more-politically-oriented
organizations, and teaching are available. Students who have worked to
acquire quantitative skills and internship experience are again a bit
better placed to find employment to their liking.
The
Undergraduate Economics Society, Career Services, and the Economics
Department sponsor career nights at least twice a year to allow
students to get acquainted with recent graduates in economics.
Presenters at the career forums offer a useful perspective on how an
undergraduate economics major can contribute to developing a career.
Please refer to the section "Customizing Your Major" in the department handbook for more information about tailoring your undergraduate program to some specific career interests.