The Immense Career Potential an Economics Degree Can Unlock for You!

by Samiksha S. Author

Education is the stepping-stone to the future. Period. But when it comes to higher education, it is important to choose a stream that holds global significance and can help make a difference to the world as a whole. One such crucial field of study that has been around for decades now is none other than "Economics."

Economics introduces us to an array of topics that have a direct inclination on our economy, such as demand and supply patterns, international trade, exchange rates, interest rates, inflation, and monetary policies. Moreover, it is the knowledge of economics that offers a gateway to the future by not just helping you to refine your career prospects but also gain an international perspective of things.

We, at the Indian School of Business & Finance, one of the best B.Sc. economics institutes in Delhi, firmly believe that economics is one such field of study that not just brings in great career prospects but also aids in personal growth of its pursuers. No wonder we have been receiving steady applications from students to pursue both undergraduate and postgraduate programs in economics.

Now the question here is, once you get a degree in economics, what fields can you make a career in? So, let’s take a quick look at the open options.

What All You Can Do with an Economics Degree?

· Become an Economist:

You can go ahead and step into the shoes of an economist after studying economics. As an economist, you will be required to keep an eye on the various aspects such as the market trends, set price points of products, read customer behaviour, and look for new markets. Moreover, an economist is expected to analyse data looking at various economic indicators, which in turn assists with laying down economic forecasts.

We, at ISBF, being one of the best B.Sc. economics institutes in Delhi, understand that just as lucrative and attractive the profile of an economist seems, it is equally challenging and loaded with responsibilities. However, with world-class education, ample industry exposure, and international collaborations offered by us, hitting milestones becomes a lot easier for our students.

· Roll as a Data Analyst:

Do you know around 13% of Data Analysts active today hold a degree in economics! This clearly establishes the relevance of studying economics in becoming a successful data analyst.

As we all know, data is critical for every organization. Moreover, strategic business decisions are taken basis the trends laid out by such data. This infers that the primary role of a data analyst is to help stakeholders understand data and eventually help them in making decisions in the interest of the business. This is a technical role which is well-supported by the branch of economics.

· Pick out the role of a Financial Advisor:

If you are looking to make a career as a financial advisor, you cannot be blind to economics. In fact, if you are looking to get started in an established corporate set-up, you must know that these entities usually look for an individual who can function equally well as an Economist cum Financial Advisor.

As a financial advisor, you are expected to lay out investment objectives for which it is necessary that you assess your client's financial positioning and look for shortfalls if any. You may have a vital role to play in constructing the client’s short and long-term goals as well. As one of the best B.Sc. economics institutes in Delhi, known for producing the most successful economics graduates, we, at ISBF, can vouch for the fact that if you are looking to kiss success in the defined areas, knowledge of economics shall come in handy on any given day!

· Say Yes to becoming an Economic Researcher:

With a degree in economics, you can also choose to go ahead to becoming an Economic Researcher. Your job description as an economic researcher will revolve around conducting in-depth research, creating corresponding reports, and most importantly, putting together full proof plans to deal with ongoing economic problems, especially the ones related to the production and distribution of goods and services. This is a challenging yet lucrative career option worth looking at.

Final Thoughts:

All this while, if you have been going back and forth on your decision to take up a Degree in Economics, then the number of alternatives available at your disposal is sure to make decision-making easier for you.

The wide range of career prospects that you get to choose from is enough reason for you to reignite your inclination towards studying the subject of economics.

Taking the same into consideration, we, at ISBF, recognized among the best B.Sc. economics institutes in Delhi, are working towards offering our students the best of what we have got not only domestically but also through our global collaborations with the London School of Economics and Political Science and the University of London. We firmly believe that with deep insights into the industry, an aptly built-up knowledge bank, and well-groomed practical skills, economics graduates can unlock the gates to success in whichever career domain they choose to enter. And we, at our institute, are driven to provide our students with just that!