Career Opportunities with this Major

The careers open to an economics major wind throughout the business world and well beyond. The study of economics provides a solid foundation for success in a wide variety of careers—including business, government, law, education, and the nonprofit sector.

Expertise in economics also is valuable in journalism and other communication. Whether you're an econ major or not, you'll find that employers value the analytical skills you'll develop through the study of economics.

Here are just some of the possibilities:
  • Business economists—In companies of all sizes, management is increasingly aware of the value that applied economic analysis brings to planning and problem solving. This creates strong demand for economists, who analyze market conditions, create market forecasts, develop pricing strategies, and formulate public-policy positions on such topics as the environment, health care, immigration, and international trade.
  • Chartered Financial Analyst—Chartered Financial Analyst (CFA) certification is the global standard for measuring portfolio management and investment analysis competence and integrity. Our Financial Analyst program is designed to prepare for this career.
  • Government economists—Economic analysis is important to government agencies at all levels: national, state, and local. Governments rely on professional staff economists or economic consultants to gather and analyze data to help leaders understand and predict the intended or unintended consequences of various policy proposals.
  • Academic economists—University and college economics faculty positions are focused on both research and teaching at the undergraduate or graduate levels. Successful research can lead to publication of books as well as articles in professional journals. Also, most major law schools also have at least one trained economist on the faculty.
  • Elementary and secondary teachers—There is an increasing demand for elementary and secondary teachers qualified to teach economics. At the secondary level, schools in Indiana are seeking teachers with a licensing area in economics to teach high school students economics. Elementary teachers are encouraged to teach economics in language arts and the social studies.
  • Economists in the nonprofit sector—The expertise of economists is in demand across all nonprofit organizations, including advocacy groups (such as chambers of commerce, unions, or the Environmental Defense Fund) and think tanks (such as the Heritage Foundation, the Brookings Institution, or the Hudson Institute). Economists analyze issues and write about them in ways that can be understood by the average citizen as well as by lawmakers and government officials responsible for making and implementing policy.

Learn more about economics careers
The National Association of Business Economists provides valuable information for careers in business. The group's annual publication Careers in Business Economics is available online. It shows information about recommended training and salaries in business economics.

Also check into the wealth of information provided by the Bureau of Labor Statistics. The site informs you about training, qualifications, working conditions, job outlook, related occupations, and earning potential.

The CFA Institute Web site is the official Web site for Chartered Financial Analysts. The CFA Institute is a global, not-for-profit association of investment professionals that awards the CFA and CIPM designations and promote the highest ethical standards offering a range of educational and academic opportunities online and around the world. Students in the financial analyst major should find useful information on the CFA Institute website.

The Inomics EconDirectory offers a wide range of information and links for those with an interest in economics—everything from job openings to economist jokes.