Rashid Naushad

Do students pursuing MA. in Econmics have a bright futur?

Can you explain with details

by Rashid Naushad
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RE: Do students pursuing MA. in Econmics have a bright futur?

Meghna Mukherjee
Meghna Mukherjee
Verified Career Expert
Counselor at Adaptive Minds
  • Mumbai

Good question.

An Economics degree is equivalent to a Finance degree. But still it is a step higher than the regular financial work that people are involved in like book keeping or accounts.

As an economists, majorly one is involved in statistical and data analysts jobs. They are mainly into prediction of the future economy of any sector where they are employed. This is done through the method of statistical analysis and research. They make use of financial data, balance sheets and past research analysis and then predict the outcome.

As you can note that the job of an economists plays a vital role and hence they find jobs in major organizations both private and government sectors.
Some of the organizations that hire economists includes:
  • RBI
  • Stock markets
  • Indian Economic services
  • Indian Civil services
  • Ministry of Economics affairs

  • PlanningCommissionof India
  • National Institute of Public finance and insurance
  • Service sector
  • Manufacturing and production sector
  • NGO
Some of the positions offered includes:
  • Economic adviser
  • Analysts
  • Economic Consultant
  • Researcher
  • Financial Analysts
  • Business Analysts
  • Stock market Analyst
Only because of their ability to read complex problems and statistical knowledge the economists are very much in demand. Since the economy of the country has to be prepared for easy budgeting.

Wish you good luck............

RE: Do students pursuing MA. in Econmics have a bright futur?

Preeti Taneja
Preeti Taneja
Verified Career Expert
Head Guidance & Counselling at Project Wisdom, CSR initiative of Canam Consultants Limited, Chandigarh
  • Chandigarh

Dear Rashid,The liberalization of the Indian economy particularly of the financial sector has surely widened the career opportunities for a post graduate in Economics. There are variouus career options for a post graduate in Economics in the following fields:-Banking & Finance Commodity BrokerBank Management TraineeEconomic ForecasterInvestment BankerLoan CounsellorSecurities AnalystGovt & Public SectorClaims ExaminerForeign Trade AnalystTax AuditorPublic AdministratorLegislative AssistantRegional/ Urban PlannerFinancial PlannerEducation & CommunicationsProfessorTechnical WriterJournalist/ ColumnistLecturerInformation AnalystBusinessMarket Research AnalystRetail BuyerStaff Training & Development SpecialistInsurance Underwriting TraineeManagement ConsultantStrategic PlannerBusiness AdministratorA post graduate in economics can seek job opportunities in Government Departments- RBI/ National Sample Survey/ Ministry of Economic Affairs/ Planning Boars/ Planning CommissionBanks & Financial InstitutionManagement Conuslting FirmsUniversities & Reserach InstitutesResearchExport Houses- Analusis & Research , especialy with specialization in International TradeNon Banking Financial Intermediaries ( ICICI, IDBI, UTI)- in reserach and policy analysisEconomoc Journals/ NewspapersCivil Services- IAS/IFS & IESInternational Trading CompaniesCapital Mark

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