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Economics
Class of 2013 (Summer 2012, Fall 2012, Spring 2013)
The following data comes from the Career Center's annual Career Destinations Survey
of graduating seniors. Our primary focus for this report is to illustrate the wide variety of
employment and graduate school choices past students in this major have made.
The Employers & Job Titles section below includes full-time and part-time
employment, and internships.
Please note: Students with double and triple majors are represented in each of their
majors. For example, a double major in English and Computer Science will have her/his
responses included in the report for both majors. Programs for which there are four or
less responses will not have any data shown to protect the confidentiality of
respondents.
Department Website
Results Summary
Graduated
Responded
Percent
437
158
36%
Post-Graduate Activities
Employed
Attending
Seeking
Other
Grad School Employment Endeavors
55%
13%
24%
8%
Results Summary
Graduated
Responded
Percent
437
158
36%
For Profit
Nonprofit
Education
Government Average
Salary*
88%
2%
7%
3%
$60,990
*Not all respondents report salary. Majors with four or less reported salaries
have no salary information shown to protect the confidentiality of student
data.
Actuarial Analyst
Actuarial Analyst
Accenture
Analyst
Accenture
Consultant
Adobe
Other
AIC
IBanking
AllianceBernstein
Associate
Software Engineer
Associate Consultant
Barclays Capital
Analyst
Beghou Consulting
Analyst
Box
Fellow
Analyst
Analyst
Project Specialist
Analyst
Cornerstone Research
Analyst
Audit Assistant
Audit Assistant
Consultant
Advisory Associate
Deloitte Consulting
eBay Inc
Software Engineer
Emerald Fund
Financial Analyst
Equilar Inc
Reporting Analyst
Equilar Inc
Research Analyst
Accountant Auditor
Tax Associate
Tax Associate
Tax Associate
Research Assistant
Research Assistant
Communications Specialist
FSC Group
Analyst
FTI Consulting
Analyst
Gfk Group
Research Assistant
Financial Analyst
Analyst
Google Inc
Software Engineer
Analyst
JPMorgan Chase
JPMorgan Chase
Recruiting Analyst
KPMG
KPMG
Audit Associate
KPMG
Advisory Associate
Lazard
Financial Analyst
Lennox
Account Manager
Marin Software
Software Engineer
Match Corps
Fellow
MIT
Research Assistant
Morningstar
Fund Analyst
Nielsen
Associate
PricewaterhouseCoopers LLP
Advisory Associate
PricewaterhouseCoopers LLP
Consultant
PricewaterhouseCoopers LLP
Associate
PricewaterhouseCoopers LLP
Accountant Auditor
PricewaterhouseCoopers LLP
Accountant Auditor
PricewaterhouseCoopers LLP
Tax Associate
Medical Assistant
Ross
Assistant Manager
Salesforce.com
Financial Analyst
Samsung
OTHER
Economist
Trader
StoneTurn Group
Associate
Teacher
TM Financial Forensics
Associate
Towers Watson
Analyst
Trader joes
Crew member
TubeMogul
Media Trader
Program Assistant
World Bank
Research Assistant
Field of Study
Graduate School
Degree
Masters
ECONOMICS
University of Cambridge
Masters
ECONOMICS
Massachusetts Institute of
Technology
PhD
EDUCATIONAL
ASSESSMENT
Masters
FINANCE
University of Cambridge
Masters
FINANCE
Harvard University
PhD
HOTEL ADMINISTRATION
Other
INDUSTRIAL
ENGINEERING
University of California-Berkeley
Masters
INTERDISCIPLINARY
STUDIES
Columbia University
PhD
LAW
Harvard University
JD
LAW
JD
MATHEMATICAL
STATISTICS
PhD
STATISTICS
University of Chicago
PhD
STATISTICS
Stanford University
Masters
Bank teller
Budget analyst
Market analyst
Sales intern
Insurance agent
Jobs in Government
The U.S. Bureau of Labor Statistics states that the federal government has
entry-level positions available to individuals with an bachelor's in
economics. Economics majors can work in government agencies as:
Economists
Research assistants
Analysts
Journalism Jobs
While journalists typically need a degree related to English or journalism,
there is a need for economists who can clearly express economic terms and
theories to the public. Job options can include:
Education Jobs
The job of high school economics teacher is an option for individuals with
bachelor's degrees in economics. High school teachers are licensed by the
state in which they work. To become licensed in most states, economics
teachers must complete education courses and in-school training in
addition to holding a bachelor's degree in economics.
Degree Information
Students can earn either a Bachelor of Science or a Bachelor of Arts in
Economics. Both of these majors include classes in economic theories,
models and systems and factors that affect buying and selling. The B.S.
program emphasizes mathematics and quantitative analysis, while the B.A.
program integrates liberal arts courses and has a foreign language
requirement. Typical courses within the economics major include:
Finance
Econometrics
Foreign trade
Business economics
Statistics
Microeconomics
Macroeconomics
Economic systems
Case studies
Operations manager: Matt Lamb
A degree in economics provides you with a wide array of both subject-specific
and transferable skills, all of which are highly sought after by employers...
Job options
Jobs directly related to your degree include:
Chartered accountant
Chartered certified accountant
Chartered public finance accountant
Economist
Financial risk analyst
Investment analyst
Statistician
Actuary
Civil Service fast streamer
Diplomatic Services operational officer
Local government officer
Management consultant
Quantity surveyor
Remember that many employers accept applications from graduates with any degree
subject, so dont restrict your thinking to the jobs listed here. To find out what jobs would
suit you, log in to My Prospects.
Work experience
In order to find out more about work in economics, you could consider applying for a
place on theGovernment Economic Service (GES) summer vacation placement
scheme, which offers work experience opportunities for 6-12 weeks. Individual
government departments may also be able to offer work experience and you should
contact the department directly to find out more.
You could also consider work experience or work shadowing in areas such as
accountancy and finance. Contact local employers to see if they can help you.
Any work experience is good experience as it allows you to build essential skills in a
variety of areas such as teamwork, communication and time management. Contact
local volunteering or charity organisations for more information, or you could try Doit for volunteering opportunities.
Search for placements and find out more about work experience and internships.
Typical employers
Economists are employed in a variety of settings in both the public and private sectors.
The largest employer of economists is the Civil Service through the GES. The Bank of
England also provides vacancies through their graduate programme - see Bank of
England Jobs .
Economics graduates also find employment in a range of different areas including:
Further study
A whole range of postgraduate qualifications are available and economics graduates
may choose to undertake further study for a variety of reasons. Some wish to continue
studying economics at a higher level because of personal interest or they may choose a
specialist area such as health, agriculture or regional economic development.
Graduates may also use postgraduate study as a means to change career focus or to
gain professional qualifications required to practise in certain career areas, such as
accountancy.
Although not essential, postgraduate study can offer an advantage to those wishing to
seek careers in competitive areas.
For more information on further study and to find a course that interests you,
see postgraduate study in the UK and search courses and research.
What do economics graduates do?
More than 60% of economics graduates are in employment six months after graduating,
while around one-in-five go on to further study.
An economics degree places emphasis on numerical and problem-solving skills. This is
reflected in the destinations of graduates as the top occupations are financial and
investment analysts and advisers. Eight of the top ten occupations for economics
graduates are business, management and finance-related.
Destinations
Employed
Further study
Working and studying
Unemployed
Other
55%
44%
33%
22%
11%
0%
Business, HR and financial (52.7%)
Marketing, PR and sales (9.5%)
Secretarial and numerical clerks (9.3%)
Retail, catering and bar work (8.3%)
Other (20.2%)
For a detailed breakdown of what economics graduates are doing six months after
graduation, see What Do Graduates Do?
Accounting Careers!Fresh Graduate of Finance,Mngt Acctng,Mngt,...
Emerson Electric Asia Ltd. ROHQ
- Quezon City (National Capital Reg)
To provide excellent credit and collection activities to Emerson's customers by: Timely
pre-due date courtesy calls for pre-collection; Timely completion of all...
Login to view salary
22 Jan
4:03 pm
Brief Job Description This Demand Planning position is responsible for all forecasting
activities associated with customers and products. The Demand Planner creates and
maintains...
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2 yrs exp
22 Jan
2:39 pm
Logistics/Supply Chain | Industry: Electrical & Electronics
BUSINESS OPERATIONS CONSULTANT
Mister Donut
- Western Visayas - Iloilo & Bacolod
Provide consultative communication and assistance to business partners in driving
profit growth, network development, proper execution of marketing programs and
conformance to...
Login to view salary
5 yrs exp
22 Jan
1:58 pm
Marketing/Business Dev | Industry: Food & Beverage
National Sales Manager (Direct Selling)
Company Confidential
- National Capital Reg
Candidate must possess at least a Bachelor's/College Degree ,
Economics, BusinessStudies/Administration/Management, Marketing, Commerce or
equivalent. At least 5 year(s) of...
Login to view salary
5 yrs exp
22 Jan
1:57 pm
Sales - Corporate | Industry: Consumer Products / FMCG
Cards and Loans Review Officer
Philippine Bank of Communications (PBCOM)
- National Capital Reg
Cards and Loans Review Officer conducts Day 2 Review for the daily processes of
units across Cards and Loans Operations Group. This includes (but not limited to)
reviews on loan...
Login to view salary
3 yrs exp
22 Jan
1:22 pm
Banking/Financial > Loan/Mortgage | Industry: Banking / Finance
Project Development Assistant (Pampanga - Based)
Amaia Land Corp.
- National Capital Reg, Pampanga (Angeles ...
The Project Development Associate will be part of the Project Strategic Management
Group (PSMG) of Amaia, which oversees Amaias residential projects from land
acquisition to...
Login to view salary
22 Jan
1:15 pm
Property/Real Estate > Property Development | Industry: Property / Real Estate
Financial Research Analyst (Night Shift)
SNL INFORMATION SERVICES PHILIPPINES, INC.
- National Capital Reg
As a member of the Industry Research & Product Management Team, the Analyst will
be accountable for SNL Financials Research and Product Operations Group,
including...
Skills: finance
Login to view salary
1 yr exp
22 Jan
12:52 pm
Banking/Financial > Analyst | Industry: Banking / Finance
Internship for Sales & Marketing Students
Phelps Dodge Philippines Energy Products Corp.
- National Capital Reg
Market Research. Survey Planning and Data Gathering. Promotions. Other Marketing
Facets
Skills: MS Proficient, Detail Oriented, Hard Worker
22 Jan
11:58 am
Marketing/Business Dev | Industry: Electrical & Electronics
Urgent! Demand and Replenishment Specialist
*Female/Male
*Not more than 35 years old
*Graduate of Business Management/Operations Management/Industrial
Engineering and Economics.
*Willing to work in Angeles city.
*Flexible and adaptable.
*With experience in the field of Business and Corporate setting is an
advantage.
Date:
5 January 2015
City/Town: Angeles City
Location:
Pampanga
Wage/Salary
Negotiable
:
Start:
As soon as possible
Duration:
--Type:
Full Time, Casual
How to
Interested applicants may send their resume via email and
apply:
fax. Walk in applicants are welcome.
Company:
Hausland Development Corporation
Contact:
Ms. Lheng Patio
Phone:
Fax:
Email:
Date:
21 January 2015
City/Town: Angeles City
Location:
Pampanga
Wage/Salary
tbd
:
Start:
February 2015
Duration:
Indefinite
Type:
Full Time, Part Time
Interested applicants may send their resumes to:
How to
xxxxxxx@xxx.xxx.xx and cc: to xxx.xxxxxxxxxxx@xxxxx.xxx
apply:
for immediate processing.
Company:
Holy Angel University
Contact:
Hr
Phone:
Fax:
Email:
Current Opportunities
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BOOKMARK
International Staff Vacancies
Reference
Number
Department
ADB-HR-150013
ADB-HR-150037
A
H
Economist
ADB-HR-150041
A
H
Assistant Controller
ADB-HR-150035
Controller's Department
A
H
Transport Specialist
ADB-HR-150028
A
H
Senior Statistician
ADB-HR-150039
A
H
ADB-HR-15-
Title
L
o
Reference
Number
Title
Department
0031
L
o
Country Economist
ADB-HR-150016
Pacific Department
Economist
ADB-HR-150038
A
H
ADB-HR-150030
A
H
ADB-HR-150003
A
H
ADB-HR-150062
A
H
Economist
ADB-HR-150063
A
H
Director
ADB-HR-150054
A
H
Evaluation Specialist
ADB-HR-150059
Independent Evaluation
Department
A
H
Country Director
ADB-HR-150053
ADB-HR-150067
A
H
ADB-HR-150081
A
H
ADB-HR-150082
A
H
ADB-HR-140840
A
H
ADB-HR-150050
A
H
Reference
Number
ADB-HR-150011
Department
East Asia Department
Title
Reference
Number
Department
ADB-HR-150042
Controller's Department
Operations Assistant
ADB-HR-150036
ADB-HR-150045
Controller's Department
ADB-HR-150040
ADB-HR-150034
ADB-HR-150044
Controller's Department
ADB-HR-150017
ADB-HR-150043
Controller's Department
ADB-HR-150002
ADB-HR-150047
Project Analyst
ADB-HR-150071
ADB-HR-150066
ADB-HR-150060
ADB-HR-150065
ADB-HR-150048
ADB-HR-150064
ADB-HR-150077
Pacific Department
ADB-HR-150086
ADB-HR-150085
Reference
Number
Title
Department
Treasury Assistant
ADB-HR-150079
Treasury Department
ADB-HR-150084
ADB-HR-150083
Reference
Number
Economics Officer
ADB-HR-15-0012
ADB-HR-15-0014
ADB-HR-15-0069
ADB-HR-15-0068
Economics Officer
ADB-HR-15-0080
ADB-HR-15-0078
ADB-HR-15-0072
Department
Essential Information
Global economists are experts at analyzing and predicting trends in the international
market. They study exchange rates and weigh the risk management factors in shifting
international politics. International economists may find work in government agencies,
multinational corporations, research companies or consulting firms, and job titles might
Economist
Postsecondary Teacher
Financial Analyst
Education
Requirements
Master's degree or
Ph.D. degree in
economics
Bachelor's or
master's degree in
finance or an MBA
Projected Job
Growth (20122022)*
14%
19%
16%
Median Annual
Salary (May 2013)*
$93,070
$60,670
$78,380
Career Options
Multinational corporations hire economists to forecast global economic and political trends
that may impact corporate development or to devise economic cases to promote particular
corporate or public policies. Read on for details about some careers available to individuals
who have studied global economics.
Economists
Economists assess the effects of foreign trade, tariffs and new legislation upon
corporations. They may be hired to work as financial analysts and public policy
researchers. Government agencies like the International Monetary Fund, World Bank and
the Bureau of Economic Analysis employ economists to analyze domestic and global
economic data.
According to the U.S. Bureau of Labor Statistics (BLS), economists in the 25th-75th
percentile earned median salaries of between $67,380 and $126,230 per year, as of 2013.
The BLS also reports that job opportunities in this field should increase by 14% from 20122022, which is about as fast as average.
Postsecondary Teachers
Postsecondary economics teachers work in colleges and university environments. In
addition to assisting students who are pursuing degrees in economics, these professionals
may conduct research and publish books. Employment of postsecondary teachers was
expected to increase by 19% between 2012 and 2022, according to the BLS. Median
annual salaries were approximately $60,670 in May of 2013.
Financial Analysts
Financial analysts are experts in analyzing economic trends. These professionals provide
advice on various investments, including stocks and bonds. The BLS indicated that jobs for
financial analysts were expected to expand at a rate of 16% from 2012 through 2022. In
May 2013, median annual salaries for financial analysts were $78,380.
Macroeconomics
Microeconomics
International trade
Economic growth
Statistics
Econometrics
Global strategy
Multinational corporations
Accounting
Business Economics
Business Management
Entrepreneurship
Finance
Marketing
Operations Management
Overview
Degree Requirements
Other Preparation
Additional Opportunities
Career Opportunities
Employment Outlook
Salaries
Recruitment Opportunities
Overview
Economists study how scarce resources can be efficiently allocated to produce the maximum
number of goods and services. Economists conduct research, collect and analyze data, monitor
economic trends, and develop forecasts. They apply economic theory to endeavors such as
banking, finance, manufacturing, education, law, international trade, labor, insurance,
agriculture, health, criminal justice, energy, natural resources, and telecommunications.
The field of economics provides a framework for analyzing and solving problems that arise from
scarcity. Public issuesinflation, unemployment, budget deficits, and environmental pollution, for
exampleas well as individual and business decision-making, are examples of the economist's
work.
View the Department of Economics website for more information.
Return to Top
Degree Requirements
Includes: foundation courses required for Professional Admission*, general education
requirements, professional core courses, free electives, and a set of Business Economics
Courses.
Sample Economics Courses/Topics:
Industrial Organization
Econometrics
Experimental Economics
Labor Economics
Monetary Economics
*Students must achieve Professional Admission (a competitive and selective application process) to move
from the pre-professional phase to the professional phase.
**Check the Degree/Academic Progress Report (APRR's) for your specific academic program requirements
per your catalog at http://catalog.arizona.edu.
Return to Top
Other Preparation
The college has a wide variety of professional fraternities, honoraries and student clubs. Student
organizations offer: career information; networking opportunities with alumni, corporate
representatives, faculty, and fellow students; social and professional activities; and provide
leadership roles and skills building opportunities.
Student organizations for economics majors include the Economics Undergraduate Society.
Visit the FESO - Federation of Eller Student Organizations website for more information.
Return to Top
Additional Opportunities
Honors courses - The Economics Department offers more honors sections than any other
UA department.
Return to Top
Career Opportunities
Given the analytical nature and diversity of the discipline, economics provides a solid background
for many jobs and professions. The study of economics also offers excellent preparation for
advanced education in business, law, economics, finance, public policy, international relations,
and medicine.
Economists work in government, business, and education.
Government economists monitor and assess economic conditions and provide economic
analysis to guide governmental programs and policies.
Business economists provide the analysis required to make optimal decisions in all major
aspects of business activity.
A high percentage of financial planners are independent practitioners or partners in a small firm.
The designation of CFP, Certified Financial Planner enhances the professional recognition and
lends credibility to the planner. Additionally certain licenses (for example, series 7) must be
acquired when trading in securities or commodities.
The job requires initiative, ability to market clients, strong interpersonal skills, analytical ability,
effective communications and persistence.
Analyst
A security analyst is a researcher involved with portfolio management and the analysis of bonds,
stocks and other forms of investment. The largest employers of security analysts are the large
brokerage houses, often located in New York. A security analyst is often assigned one type of
industry to research and prepare reports. The entry level analyst is generally an assistant who
prepares financial reports for internal use or for clients' needs, and not for the general public's
knowledge. Most security and investment analysts prefer to remain in their profession doing
analytical work, but some do leave to move into bank lending and security sales positions or to
manage departments of analysts.
Other titles for security analysts are portfolio manager, director of research, trust administrator,
account manager and broker. Typical promotions are from junior analyst to senior to consultant.
Sources of employment include investment counseling firms, mutual funds organizations,
insurance companies, banks, brokerage houses and research firms.
Security Sales and Trading
A security salesperson is one who buys or sells stocks, bonds, or shares of mutual funds for an
investor. They are often called customer brokers, registered representative or account
executives. Before they can qualify as a registered representative, they must pass the Security
and Exchange Commission's general security examination. Courses in finance and investment
subjects are usually helpful in securing employment. Once a salesperson has completed training
and licensing requirements, earnings are usually in the form of commissions from sales of
securities.
Successful security sales people enjoy their work and earn substantial commissions. They can
move into management positions, such as branch manager, but most prefer to remain in sales.
The reason for the lack of interest in advancing into management positions relates to the higher
earnings potential in sales and the sheer excitement of the business. Most work with high net
worth individuals.
Brokerage houses regularly close or merge. Experienced security salespeople find themselves
changing employers occasionally but there is little negative impact on their earnings.
Insurance
The insurance business is a major part of the financial planning program so the industry needs a
variety of experts in this area. Three types of employment in the industry are underwriters,
claims, and sales.
Underwriters appraise and select risks their company will insure. They analyze information in
insurance applications, reports from loss control consultants, medical reports, and actuarial
studies which describe the probability of insured loss. Underwriters assume great responsibility
because their company may lose business to competition if they appraise risk too conservatively,
and their company will have to pay too many future claims if their decisions are too liberal.
Underwriters outline the terms of the contracts, including premium amounts. Most underwriters
specialize in one of the four major categories of insurance: Life, Property Damage, Personal
Liability, Health.
Claims representatives investigate claims, negotiate settlements with policyholders, and
authorize payments.
Insurance agents sell policies that protect individuals and businesses against future losses and
financial pressures. They may be either an employee of an insurance company or an independent
agent who represents several companies. Beginning agents are usually paid a salary. After that
time they are paid strictly on commissions.
Return to Top
Employment Outlook
According to the Bureau of Labor Statistics, the demand for economists should grow by 7.5%
from 2006 - 2016. Prospects improve for bachelor's degree recipients in economics who go on to
earn advanced degrees - law or MBA, or Ph.D. in economics, for example. If you are planning to
pursue an advanced degree in economics, it is recommended that you take as much advanced
math as possible.