Graduate Jobs for Economics

If you’re looking for graduate jobs for economics, you’ve come to the right place. We’ll explore some of the best job opportunities for those of you who have graduated with a degree in economics. Read on to find out more.

 

What is Economics?

Economics is a social science which studies the production, distribution and consumption of goods and services. At its very heart, however, economics is the study of people: what drives human behaviour, how we make decisions, and how we react to failure and success. It’s a comprehensive degree which combines politics, sociology, psychology, and history.

Economics graduates can, therefore, apply their wide range of skills and knowledge to any number of industries and sectors.

 

Skills Developed in Economics

Throughout your degree in economics, you’ll have developed a variety of technical as well as transferable skills that are valuable across a multitude of industries. In terms of technical knowledge, you’ll have a high level of mathematical and statistical skills. You’ll also have the ability to apply complex economic principles and models to problems in business, finance and the public sector.

On top of these hard skills, however, an economics degree help you develop important soft skills that are highly sought-after in any organisation. These skills include:

• Communication
• Problem-solving
• Numeracy
• Analytical

So, not only will your economics degree prepare you for a career in the financial sector, such as in banks, accountancy firms, insurance, businesses or government. But you’ll also develop skills that can be applied in areas like business planning, research, marketing, and management.

 

Economics Jobs For Graduates

Here is a list of some of the best economics graduate jobs to give you a better idea of what’s out there once you’ve graduated. Of course, this list is by no means exhaustive so be sure to do your own research to figure out the career path that suits you best.

 

Economist

Let’s kick things off with the most obvious option for economics graduates – an economist. Economists study complex data and statistics. They use their findings to produce forecasts of economic trends and recommend ways to improve efficiency. This information is then used to advise various organisations from government agencies to banks to higher education establishments among many more.

 

Statistician

Harness your numerical, problem-solving, IT, and analytical skills as a statistician. Statisticians deal with data and look to find practical solutions to problems. They design and manage experiments and surveys, later processing and analysing the collected data in context. This is then used to look for patterns to help make decisions. Statisticians work in a variety of fields including market research, investment companies, and the NHS.

 

Management Consultant

Management consultants analyse business problems and research possible solutions to present to their clients. Many graduates will start out in positions like research analysts, research assistants, or junior consultants. In these roles, you’ll support the work of the more senior staff. With time and experience, you can progress to management consultant positions.

 

Lawyer

Utilise your critical thinking and analytical skills as a lawyer. You’ll need these skills to prepare and try your cases. Although economics may not initially seem relevant to this career, many areas of law involve the application of micro- and macroeconomic analysis. These include corporate law, antitrust law, tax law, personal injury, and medical malpractice.

 

Actuary

An actuary uses mathematical modelling techniques and statistics to estimate the financial impact of uncertainty. The end goal is to help clients minimise risk. Actuaries are most commonly employed in areas such as banking, corporate finance, investment management, insurance, and pensions.

 

Finding Graduate Jobs for Economics

There are many more roles available for economics graduates beyond the ones listed above. For all the latest opportunities, be sure to check out the Developing a Student economics graduate jobs board.

We offer help and advice for graduates looking to begin their careers from information on careers fairs to how to nail your first graduate job interview.

So, sign up for the Developing a Student newsletter below so you don’t miss a thing. And if you have any questions, don’t hesitate to contact our team.