If you are interested in studying economics, then you can make a very good career in it. Let us know what are the career options after studying in Economics.
Economics is one of the subjects on the arts side. In recent years, this subject has achieved many new milestones. Those who study it have a lot of employment opportunities. Those with economics are sitting on big positions. He has changed the very concept of art side. In this copy, information about the career prospects of the youth studying economics will be found. Let us know about the career options related to economics in today's Career Tips .
If you want to study economics, then take it as a subject in intermediate. Then do Honors with Economics subject in UG under New Education Policy. If you do PG in this, then the sky will become a little bigger. Apart from PhD, many diploma-certificate courses, integrated and professional courses are available.
professional courses
Courses like Chartered Financial Analyst, Certified Financial Planner, Master of Business Administration in Finance, Master of Finance and Control, Post Graduate Diploma in Banking and Finance, Chartered Accountancy, Company Secretary, Cost and Management Accountant etc. are also a part of Economics.
best institute to study
There are opportunities all over the country to study economics. But there are central universities, established state universities, University of Delhi, University of Mumbai, Jawaharlal Nehru University, Madras School of Economics, University of Hyderabad, IIMs for MBA, ISB Hyderabad, ICFAI Hyderabad, and Christ University.
career prospects
Economist: People working in this position study and analyze economic trends and advise policy builders, businesses and individuals. Work with data and mathematical models to analyze the effects of policies and trends. Economists are in demand in various industries including banking, finance, consultancy, government and education. Institutions such as the Reserve Bank of India (RBI), NITI Aayog, Ministry of Finance and the Indian Council of Research are major employers of economists.
Financial Research Analyst: They analyze financial data. Work on economic data, market trends and corporate reports to evaluate investment opportunities, risks and return on investment. Research analysts are in demand in consultancy firms, market research firms and financial institutions in India and the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are major employers.
Statistician: They work with data to develop statistical models and analyze trends. Interpret the data and make predictions based on your findings. Central Statistical Organization (CSO), National Sample Survey Organization (NSSO), and Reserve Bank of India (RBI) are their major employers in India.
Policy Analyst: They analyze public policy. Recommend for improvement. Work with government agencies, NGOs and think tanks to analyze the impact of policies on society and the economy. National Institute of Public Finance and Policy (NIPFP), Center for Policy Research (CPR) and National Council of Applied Economic Research (NCAER) are the major employers of policy analysts in India.
Actuaries: They use statistical and mathematical techniques to assess and manage financial risk. Work with insurance companies, banks and other financial institutions to analyze investment risk and design insurance policies. Insurance Regulatory and Development Authority (IRDAI), Life Insurance Corporation of India and other insurance companies are their major employers in India.
Entrepreneur: Knowledge of economics enhances the ability to become an entrepreneur. They are able to identify business opportunities, assess risk and apply economic principles to make decisions. Entrepreneurship in India has become popular in recent years. The government is also promoting it through various initiatives like Start-up India.
Teaching: This is a popular career option for economics students. Good money and full respect is available here. Colleges, universities, research institutes, Indian Institutes of Management, Indian Institutes of Technology and Indian Statistical Institutes are included to appoint economics teachers.
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