priya pathak

Why should one study Economics from CBSE and IB and what are the different career fields and the career options in the field of Economics?


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RE: Why should one study Economics from CBSE and IB and what are the different career fields and the career options in the field of Economics?

Avadhut Desai
Avadhut Desai
Verified Career Expert
Career Counselor / President at Foresight Foundation
  • Kolhapur

Hi,

Having education from the competent educational platforms makes the career path easy. If we talk about the Secondary and Higher Secondary Education, we have got here in India the great learning platforms in the forms of CBSE (Central Board of Secondary Education) and IB (International Baccalaureate). These two platforms are, for any best standards, competent in terms curricula and related things. The CBSE is an Indian Board whereas IB is an International one and both are providing quality education in various schools/colleges in India.

 

 

 

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Dear aspirant, for your query I would say, these boards have state of the art curricula for Economics. The quality education in the important subjects like Economics will prepare you for further advanced studies in the field. The following text contains the very reasons for why should one study from these boards in their Secondary and Higher-Secondary Education.

 

Syllabus of Economics from CBSE and IB: How it is different from other board’s syllabus: Feel the difference

  • Comprehensive and state of the art syllabus
  • Up to the global standard
  • Objective Based
  • Goal Oriented
  • Easy to understand concepts
  • Functional approach
  • Would enable you to have global insights of the field

Exposure to a broader horizon

  • You compete at the National Level with a quality curriculum of international standard
  • It broadens the scope of understanding of the subject field
  • You garner all the required conceptual knowledge which will make you confident for advanced studies

Competence building

  • Holistic approach to the curriculum for Economics builds your competence
  • Your abilities in subject field keep growing
  • You find yourself competent in terms of skills, knowledge, abilities and qualification

National/International qualification for further studies

  • Economics is a field where you find the advanced study scope in India and abroad
  • Learning Economics from CBSE and IB make you qualified for further advanced studies in the subject field
  • Students from these boards often make to the premier Institutes like IITs, NITs and to the important financial institutions and organizations

Curriculum helps promote awareness and develop understanding of the importance of Economics 

  • You happen to the best of the curricula that help to promote awareness and develop understanding of the importance of Economics as a subject field
  • A clear-cut understanding of the subject helps you in your career path in future
  • The real world examples and the practical approach/orientation of the subject are some of the things  which assist you to know the Economics by every possible angle

 

Different Fields of Economics

  • Agricultural Economics
  • Financial Economics
  • Labor Economics
  • Industrial Economics
  • International Economics
  • Business Economics
  • Banking Economics
  • Environmental Economics
  • Developmental Economics
  • Rural Economics and Rural Development
  • Econometrics

Career options after the Economics from CBSE and IB

Accounting:

An accountant is a practitioner of accounting (or, equivalently, accountancy). Accountants have primary responsibility in the organization for managing, updating, correcting, and reporting the organization's accounts. The accountant's role is, literally, "keeper of the accounts,"

Also Read: Related Career Questions

 

Auditing:

Auditors are specialists who review the accounts of companies and organizations to ensure the validity and legality of their financial records. They can also act in an advisory role to recommend possible risk aversion measures and cost savings that could be made. Also Read: Related Career Questions

 

Banking and Finance:

A bank is a financial institution that accepts deposits from the public and creates credit. Lending activities are also performed by the Banks. The professionals skilled in these operations work in the field of Economics. Also Read: Related Career Questions

 

Insurance Investment:

Investment insurance is a policy business that is intended to provide the insured with risk guarantee when they suffer economic losses because of war, currency exchange ban, requisition, or breach of contract by the government in countries where the insured have made investments.  Also Read: Related Career Questions

 

Marketing:

Marketing is the activity of a company associated with buying and selling a product or service. It includes advertising, selling and delivering products to people. People who work in marketing departments of companies try to get the attention of target audiences by using slogans, packaging design, celebrity endorsements and general media exposure. Read Also: Related Career Questions

Stock Broker:

A stockbroker is a regulated professional individual, usually associated with a brokerage firm or broker-dealer, who buys and sells stocks and other securities for both retail and institutional clients through a stock exchange or over the counter in return for a fee or commission. Read Also: Related Career Questions

 

Media Analyst:

Media analysts carry out general quantitative and qualitative research to produce media evaluation reports. These are then used to improve the effectiveness of marketing campaigns. There are few media analysis companies within the United Kingdom, making it a tiny, specialist area of employment. Read Also: Related Career Questions

 

Management:

Management is the administration of an organization, whether it be a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees or volunteers to accomplish its objectives through the application of available resources. It also refers to the people who manage an organization. Read Also: Related Career Questions

 

Manufacturing:

Manufacturing is the value added production of merchandise for use or sale using labor and machines, tools, chemical and biological processing, or formulation. Manufacturing takes turns under all types of economic systems. In a free market economy, manufacturing is usually directed toward the mass production of products for sale to consumers at a profit. Read Also: Related Career Questions

 

Advertising:

Advertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them. Read Also:  Related Career Questions

 

System Analysis:

A systems analyst is an IT professional who specializes in analyzing, designing and implementing information systems. A systems analyst is a person who uses analysis and design techniques to solve business problems using information technology. Read Also: Related Career Questions

 

Actuarial:

An actuary is a business professional who analyzes the financial consequences of risk. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. Read Also: Related Career Questions

 

Education and Research:

Education and research is the scientific field of study that examines education and learning processes and the human attributes, interactions, organizations, and institutions that shape educational outcomes. Read Also: Related Career Questions

 

Retailing:

Retailing is a distribution channel function where one organization buys products from supplying firms or manufactures the product themselves and then sells these directly to consumers. A retailer is a reseller from which a consumer purchases products. Read Also: Related Career Questions

Dear Aspirant, in above text, I have mentioned at length all the possible career options and the aspects how one would be benefitted learning Economics from CBSE and IB. Let me know if I can help you in any ways in your career path. For further information, you can talk to the Professional Experts at CareerGuide. Hope this will help you.

RE: Why should one study Economics from CBSE and IB and what are the different career fields and the career options in the field of Economics?

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