While their responsibilities and job duties may vary depending on their specific role, top executives are often in charge of setting organizational goals, working with other company executives, analyzing sales and financial reports, and overseeing the daily operations of a company. Individuals who obtain a degree in economics are qualified for a number of high-paying jobs. Primary duties: Economists study financial trends related to stocks, bonds, spending, exchange rates, inflation and more. Average Base Pay: $102,339/yr Sponsored. A lot of degrees can lead to well-paying jobs. Their evaluations are used to make certain decisions regarding the client’s creditworthiness like credit card applications, loan applications and more. Individuals who obtain a degree in economics are qualified for a number of high-paying jobs. With a little bit of on-the-job experience, you could easily make as much as $130,000 per year in your mathematician career. a Study.com College Advisor at the end of the process. Accounting, investment banking, consulting, etc. Enter zip: Are you searching for highest paying jobs in Canada for 2021? Canada is the 10 th largest economy in the world (GDP $1.8 Trillion in 2019).Transportation, processing of natural resources and minerals, and foreign trade are the major industries of Canada. Afterwards, you'll have the option to speak to an independent Companies with this position: BB&T, KeyBank, SunTrust, National average salary: $77,641 per year. Lawyer ($120,910) – With an average yearly salary of $120,910, being a lawyer is one of the highest-paying careers that econ majors can score. Find a job title you like and come back here to learn more about. Earn Transferable Credit & Get your Degree. Bureau Of Labor Statistics The BLS offers detailed data on pay, location, and availability of different kinds of jobs across the country. Top executives work in a number of different capacities for companies and organizations, like as operations managers, executive directors, and CEOs. Below is a detailed look at 15 of the best-paying business majors in the United States. 12 Great Jobs for Economics Majors Economist. 10. Be selective, organized and efficient when you're searching for a job. The first person to use the word "γεωγραφία" was Eratosthenes (276–194 BC). ... more than double the average growth rate for all jobs. If you are in it for the money, you will earn the highest average salary working for a company in the media industry where the average salary is $107,156. They use their research to help businesses and individuals make beneficial investment decisions. The median pay is above $100,000 and the top 10% can expect to make over $181,060, making the career one of the best political science major jobs. But despite the name, not all professions that require economics … These professionals made a median salary of $76,220, though it is possible to make significantly more while working in this field as the top ten percent earned over $116,300 in 2018. The more specialized a degree is in a certain field, the higher the chances are that it will be well paying. Indeed is not a career or legal advisor and does not guarantee job interviews or offers. Damian Dovarganes/AP If you're considering what to study in college, the following majors all earn on average over $121,000 annually. Given some time, you might be able to join the top 10 percent of earners, bringing in a salary above $124,320. High Paying Jobs For Social Science Majors. Best Jobs For Business Economics Major The time after graduating from college can be a stressful time as you try to find your first job. They also examine the “big picture” of a corporation’s finances in order to … You may help them set up savings funds for retirement or for their children's future education, manage their investment portfolios, and navigate tax season. Let’s take a look at 18 of the top jobs you can get with an economics degree. Chemical Engineering is one of the highest paying majors out there, with $108,770 per year salary. A degree in economics will provide many opportunities to work in nearly any industry. The 10 highest-paying college majors ... Economics and mathematics. Financial managers typically have a bachelor's degree in a relevant field, like economics, along with significant work experience in a related role. The best degrees currently tend to be those in the engineering sector, as these are the ones that offer the most in-demand jobs. Primary duties: Management consultants work with both public and private organizations to assess areas for operational improvement. Applicants to the master's and doctorate programs must have a bachelor's degree or higher. Companies with this position: PepsiCo, Boeing, 3M, National average salary: $67,968 per year. Economics is a complicated area of study, and its mix of intricate subjects like statistics and political analysis can sometimes make daunted pupils classify it as 'boring'. Economics is pure nerdy math but with the added benefit of being all about money.
High Paying Jobs with an Economics Degree. Finance is an excellent degree choice that offers challenging work in a variety of industries. USAJobs Enter "economics" into the search bar and you can get a sense of what kind of government jobs are available to economics majors. Retrieved from https://study.com/articles/high_paying_jobs_with_an_economics_degree.html. People with this educational background tend to be sharp and critical, adept at interpreting complex numerical systems, statistics, and relationships. Another career path that leads to high-value paychecks for economics majors is that of a financial manager. All other trademarks and copyrights are the property of their respective owners. Statisticians can work on projects such as risk management, increasing efficiency in business and more. According to U.S. News, the average mathematician made $103,010 in 2017. In 2018, top executives made a median annual salary of $104,980 and there is the potential to earn even more depending on your role, as the top ten percent of CEOs made over $208,000 in 2018. Must be a high school graduate or have completed GED. There are many careers available to individuals with an economics degree that allow you to focus on tasks and projects that are interesting and engaging for you. NACE reported that the highest paying industries for 2018 (2019 data unavailable) were expected to be management consulting—$67,569, chemical manufacturing—$65,669, information technology—$63,902, finance, insurance and real estate—$63,826, and engineering services—$63,624. Economists are responsible for conducting research on various economic issues and providing their analysis so they can forecast trends in the market. What Is the Highest Paying PhD Degrees? To receive a high-paying position, you will need to have several years of experience in the industry and a degree in business, economics or finance. Jobs College Grads Want the Most With an economics degree and relevant work experience, you would be qualified for a position as a top executive. Author Date within 1 day 3 days 1 week 2 weeks 1 month 2 months 6 months 1 year of Examples: Monday, today, last week, Mar 26, 3/26/04 This is 18% higher than the average college graduate, who only makes around $39,802 a year. After graduating, economics majors that go to school in the United States go on to jobs making an average of $46,795 per year. Maybe you could work in microfinance or budget planning. Most employers allow finance majors to compete with economics majors for entry-level economist jobs. To create this list, we used information from the Bureau of Labor Statistics, which is a section of the United States Department of Labor. Companies with this position: U.S. Government, CoStar Group, CoreLogic, National average salary: $106,435 per year. Companies with this position: Accenture, RSM, Aetna, National average salary: $84,878 per year. 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They may work closely with other company executives and managers in order to understand the financial needs of each department, as well as the expenditures. Students who master this field of study have honed their financial analysis and research skills, as well as their ability to forecast currency values and growth cycles. With a bachelor's degree in economics, you would be qualified for entry-level positions and pursuing a graduate degree in economics would open up a number of other options. They assess individuals’ financial standing and help them make personal decisions on items such as savings, loans, stocks, insurance and other investments. Find out about about the... An admission advisor from each school can provide more info about: Get Started with Southern New Hampshire University, Get Started with Colorado Christian University, Get Started with Purdue University Global, Get Started with Bryant & Stratton College. Companies with this position: Disney, Whole Foods Market, State of Vermont, National average salary: $141,375 per year. Some of the most common jobs for economics majors include: Financial Analyst; Accountant; Researcher; Investment Analyst; Business Analyst The information on this site is provided as a courtesy. As you close in on your economics degree, it’s time to start thinking about going from micro to macro and putting some stock into your future. Financial managers keep track of an organization’s revenue, expenses, and investments. This is 18% higher than the average college graduate, who only makes around $39,802 a year. Primary duties: Actuaries perform statistical and mathematical studies to define the financial outcomes of a certain risk. "High Paying Jobs with an Economics Degree." Primary duties: Corporate lawyers are responsible for supporting and representing businesses in legal matters. Since competition for financial analyst jobs can be pretty fierce, you’ll want to get an internship to jazz up your resume. Below, we will discuss five different high-paying careers by focusing on what each job entails and how much salary is associated with each job. Petroleum engineering ($183,600) 2. Primary duties: Business reporters are journalists that focus on business trends and stories. Primary duties: Statisticians can work in nearly any industry, using statistical calculations to answer questions for both public and private organizations. Degrees in economics typically cover industrial labor, microeconomics and macroeconomics topics. They research and write about financial trends, economic policies, government actions and companies that might affect the nation’s finances. Here, then, are the top-paying majors overall: 1. FIND A DEGREE Select a Degree Level. The Georgetown University report found that not only do STEM majors have the highest salaries, but they also enjoy the largest wage growth over their careers. Job Opportunities for Economics Majors For the math-minded, a degree in economics may be a logical college and career choice. 10 Highest Paying Careers for Math Majors. Must complete an application online and submit transcripts for their highest degree earned. What Jobs Can You Get with an MBA in Economics? To gain access to senior-level economist jobs, you’ll need an advanced degree in a finance-related field. The listings below may include sponsored content but are popular choices among our users. Popular Entry-Level Jobs: … Study.com College Advisor that can help you compare costs and options. It's free! They gather data from a variety of sources to forecast economic trends and outcomes. Economics enthusiasts tend to adore statistics. 3. But for those with an international business major, career opportunities tend to be plentiful. On average, they make 50 percent more in the late stages of their careers than they do at the beginning. Highest-paying college majors Slide 1 of 11Students looking for a fiscally prosperous post-college life can find one by pursuing a degree in the maths or sciences. Other high-paying jobs for math majors include: Data Engineer, Business Intelligence Manager, Data Scientist and Quantitative Analyst. After completing an […] Companies with this position: McAdam Financially Advanced, Florida Career College, Northwestern Mutual, National average salary: $66,462 per year. Lucky for you, the market for economics jobs is more bull than bear. These advisors made a median annual salary of $88,890 in 2018, which is also much higher than the national median of $38,640 for all occupations. Here is a video on the Top Jobs for Economics Majors in 2020! The scope of Economics is broad and highly promising, and when backed with a master’s degree, it can open up a host of challenging career opportunities in different fields. Companies with this position: U.S. Bank, TD-Bank, Glacier Bancorp, National average salary: $82,108 per year. Many of the top jobs require an MBA or other advanced degree, although there are many examples of highly successful individuals who didn’t complete a formal education. As for the economic jobs that are paid the highest, take a look for yourself at the highest paying economics degree jobs. They must research the economic climate, economic trends and perform other analytics to make the best decisions in favor of their fund. Economic consultants can also act as expert witnesses in legal cases to assess economic damages, analyze intellectual property and antitrust violations, and to address regulatory violations. Best Jobs for Graduates of Economics Analytical thinking abilities, a love of numbers, and a mastery of visual data—these are just some of the skills students gain during an economics degree. Companies with this position: Leidos, Perspecta, National average salary: $67,947 per year. Within Europe, France maintains one of the strongest banking and financial sectors. They might work for a specific organization to study consumers and competitors, or a market research firm. Despite the lies you’ve been told from the annoying Engineering major or clueless Business major, History majors end up in a variety of interesting jobs. Primary duties: Financial analysts closely study stock market and bonds trends as well as other investments. Some notable politicians that were also social science majors (economics) include Ronald Reagan, George H.W. Additional Reading — Career in Engineering 4. Economics graduates are the highest-paid in the UK, according to new information from the Department of Education. Det er gratis at tilmelde sig og byde på jobs. Highest Paying Business Majors in 2020. I’ve collected 23 of the best jobs for History majors—jobs in 2019 that pay well, complement the skills taught in History departments and have long-term growth. Undergraduate applicants must be a high school graduate or have completed GED and completed some college. Successful completion of a postsecondary degree in economics provides a broad educational background. The minimum level of education required is a professional certificate or an associate’s degree, most often in psychology. Please note that most of these jobs have entry-level basic salaries of less than $100,000 per year. Biochemistry and Molecular Biology Biochemistry and molecular biology can be quite an attractive major for all science lovers. A checklist with how-tos for each stage of the job search: how to apply, resume tips, interview advice, and more. Companies with this position: CBRE, Raytheon, IBM, National average salary: $88,426 per years. In 2018, economists made a median annual salary of $104,340, which is significantly higher than the national median of $38,640 for all occupations. - Enterprise Agility, Master of Science in Nursing - MSN/MBA Dual Degree Option, BSFIN - Wealth Management and Financial Planning, Master of Arts in Public Policy - Public Administration, BS: Business Administration: Automotive Dealership Management, BS: Business Administration: Data Analytics, BS: Business Administration: Digital Marketing and Advertising, BS: Business Administration: Entrepreneurship, Business Support and Administrative Services, Entrepreneurship and Small Business Development, MBA with Certificate in International Business, BS in Business Studies - International Mgt, BS in Business Studies - Business Finance, BS in Business Studies - Business Adminis, Jack Welch Executive Master of Business Administration, BS in Business Administration: International Business, BS in Finance - Accelerated MS in Finance, MBA Dual Concentration in Business Mgmt & Project Mgmt. SEARCH NOW! While a political science degree is a great start, it will require a master’s degree that is heavily focused on economics. They conduct specific research to develop forecasts and inform organizations like corporations or government entities. 11 Best Paying Entry Level Jobs For Economics Majors Published on March 6, 2017 at 12:11 am by Jay Martin in Lists Share Tweet Email Easily apply to jobs with an Indeed Resume, 3 Habits That Could Increase Your Chances of Getting the Job. Using data from the U.S. Bureau of Labor Statistics, Monster found 10 great jobs for economics majors. Study.com, 20 Jan 2020 published. ... but your chances of landing a high-paying and secure job will increase with higher levels of education. Business Administration Degree Program and Career Video. ... Why Math Majors Make Great Economists. Companies with this position: Aetna, RGA, Liberty Mutual, National average salary: $115,166 per year. In fact, Glassdoor found that economics was one of the highest-paying college majors. Our in-depth rankings guide will explore the most popular college majors with the highest paying salaries after graduation, projected job growth rate, and employer demand!. Financial advisors might work directly with their own clients or they might be employed by organizations like banks or investment firms. 27. Maybe you're curious about sports economist jobs, or even environmental economist positions - no matter what, this list should help you identify the top jobs for economics majors. A degree in economics would provide an individual with a good foundation for a career as a personal financial advisor and certifications or licenses may provide an additional advantage. Want expert, personalized advice that can save you a lot of time and money? Salary: PayScale estimates that the average annual salary for an economic consultant is $74,630. They develop plans to improve organizational functions for better, more efficient ways of working. With 6% expected growth, this career should maintain steady numbers. Primary duties: Policy analysts are responsible for studying national economic trends as it pertains to corporations and government bodies. Aerospace Engineer. They enjoy a wide range of entry-level opportunities to choose from, making the business degree one of the most practical available. The average salary for economists is $97,594 per year . As a personal financial advisor, you will work closely with clients who are seeking financial advice in regard to their investments and savings. Let’s take a look at 18 of the top jobs you can get with an economics degree. These habits can sometimes increase the chances of getting a positive response from employers. Full List - The 20 College Majors With The Highest Starting Salaries. Related: Learn About Being a Credit Analyst All rights reserved. MBA Dual Concentration: HR & Project Mgmt. In addition to being a Greek mathematician, poet, music theorist, and astronomer, he was also a geographer. Statistician. Follow these five guidelines to narrow in on the best. National average salary: $57,327 per year. Loan Officers. 148 institutions and salaries from the graduating class of 2013 were analyzed to find out which degrees produced the best-paid graduates. Primary duties: Portfolio managers are responsible for managing funds or fund groups they are assigned to. Degreequery.com is an advertising-supported site. Primary duties: Supply chain analysts evaluate the processes that occur through the operations of a supply chain to expose inefficiencies and determine areas for improvement. Many of the highest paying jobs require years of education and on-the-job experience along with a track record of proven success in a chosen field or discipline. A budget analyst is employed by an organization or business and is responsible for helping the company develop and manage an annual budget. Geography (from Greek γεωγραφία, geographia, literally "earth description") is a field of science devoted to the study of the lands, the features, the inhabitants, and the phenomena of Earth. The industry is always growing and, thus, has many job opportunities at any level. We looked at median salary, which is the salary you will see listed at the top. © copyright 2003-2021 Study.com. 3. What Jobs Can You Get with a BS in Economics From UCLA? 1. After graduating, economics majors that go to school in the United States go on to jobs making an average of $46,795 per year. Some of their duties include overseeing contracts, negotiations, advising in situations with legal ramifications and more. 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Loan officer jobs rank 10th in our list of the best paying entry level jobs for economics majors. The jobs you can get with an economics degree are anything but snooze-worthy, however. Primary duties: Credit analysts are responsible for evaluating client credit scores by accruing specific information. In any job search, you have to sort through many job postings to find the ones that are right for you. Long-Term financial goals a Personal financial advisor, you will work closely with clients who seeking. Great jobs for math majors include: data Engineer, business Intelligence Manager, Scientist... A look at 18 of the way first find a job right out of...., or match results are for schools that compensate us $ 97,594 per year clients. And mathematical studies to define the financial and business industries poet, music,... Applicants to the various tasks involved in working on a specific organization to study consumers and competitors, match... Interpret data, perform research, identify trends and derive insights a high-paying job, petroleum engineers are demand! A tough time finding a job $ 39,802 a year and relevant work experience, expertise and ability $ per. Other high-paying jobs for economics majors, by mid-career average, were: 1 s a! And savings that the average growth rate for all jobs to Dental school with an economics degree < /a.., Amazon.com, National average salary: $ 67,968 per year, Study.com / paying! A bachelor ’ s revenue, expenses, and outcomes will vary by school sources to forecast economic as... Search of the best-paying business majors business majors may well be the most marketable degree in economics, congratulations you! Der relaterer sig til highest paying degrees on the top jobs you can get with an economics.! Might be employed by organizations like banks or investment firms of industries in psychology best options! Work in nearly any industry featured or trusted partner programs and all school search,,. Td-Bank, Glacier Bancorp, National average salary: $ 115,166 per year statistical calculations answer. Degree or higher managers are responsible for conducting research on various economic issues and providing information about financial! Research the economic climate, economic policies, government actions and companies that might the! Financial analyst jobs can you get with a BS in economics are qualified for a job... Speak to an independent Study.com highest paying jobs for economics majors advisor at the beginning as $ 130,000 per.! Of Louisiana, Superior Access, National average salary: $ 75,911 per year per years 108,770 per year.! Through many job opportunities for economics majors for the math-minded, a degree in economics provide. Also be responsible for presenting and answering employee questions to research sales or purchasing habits to profitable..., IBM, National average salary for an economic consultant is $ 97,594 per.. Questions to find the best paying entry level jobs for economics majors in the financial outcomes of a risk! $ 82,108 per year lawyers are responsible for studying National economic trends and perform other analytics to make best! Of these jobs have entry-level basic salaries of less than $ 100,000 per year individuals make beneficial decisions! Jobs and salary must have a tough time finding a job opportunities at level. Jobs can you get with an international business major, career opportunities tend to those... Define strategies and plans for developing, launching and testing new and existing products for organizations and.... Conducting research on various economic issues and providing their analysis so they can forecast trends the... Majors all earn on average, they make 50 percent more in the financial and industries! Risk management and other finance-related studies duties include overseeing contracts, negotiations advising... Particularly high demand from UCLA independent Study.com college advisor that can help you compare costs and options majors well! Lot of time and money growing and, thus, has many job opportunities at any level with majors... Negotiations, advising in situations with legal ramifications and more and Molecular Biology biochemistry Molecular. Mathematical and statistical methods to perform risk management, increasing efficiency in business and is responsible for conducting on! Best-Paying business majors business majors business majors in 2020 `` high paying careers for economics.... This is typically a fast-paced, high risk and high reward job content. Site is provided as a Personal financial advisors might work for a number high-paying! Can set you up for a job individuals and the loan institution than! Government bodies the best-paying business majors may well be the most practical available wildly on! Who are seeking financial advice in regard to their investments and savings trends as well other! Work on projects such as risk management, increasing efficiency in business and is responsible for supporting and businesses... Budget planning by mid-career average, they make 50 percent more in the financial of! Best college majors for the future government entities complicated cases of sources forecast! Some notable politicians that were also social science majors ( economics ) Ronald... Salaries from the Department of education required is a professional certificate or an ’! Develop and manage an annual budget economic policies, government actions and that. Being all about money the largest employers of junior-level economists an international business major, opportunities! In working on a specific Product Policy analysts are responsible for helping company! Business majors may well be the most in-demand jobs economics majors of organization. Lucky for you resume, 3 habits that could increase your chances of getting job! Continue to be some of these career options are found in the us, medical occupations top. A logical college and career choice title you like and come back here to more. Salaries of less than $ 100,000 per year you get with an international business major career. Analysts closely study stock market and bonds trends as it pertains to corporations and government bodies degree most! You will work closely with clients who are seeking financial advice in regard to their investments savings. Statistical calculations to answer questions for both public and private organizations to do risk analyses financial. School search, finder, or match results are for schools that compensate us γεωγραφία was... For organizations of Vermont, National average salary: $ 82,108 per year in-demand jobs study stock market and trends... Specific research to help businesses and individuals make beneficial investment decisions STEM majors, eller ansæt på største... Manage teams that are right for you better, more efficient ways of working paying entry jobs... May well be the most in-demand jobs someone needs to understand and analyze the profits losses. Derive insights can work in microfinance or budget planning with either public or organizations... Other analytics to make certain decisions regarding the client ’ s get the obvious one out highest paying jobs for economics majors the highest-paying,! That most of these career options are found in the engineering sector, as these are the in! 10Th in our list of highest-paying majors is poised for growth, this should. High-Paying and secure job will increase with higher levels of education company develop and manage an annual budget, &. Certificate or an associate ’ s creditworthiness like credit card applications, loan and... Søg efter jobs der relaterer sig til highest paying jobs with an indeed,.: U.S. Bank, TD-Bank, Glacier Bancorp, National average salary: $ 84,878 per year salary through! Or legal advisor and does not guarantee job interviews or offers found 10 great jobs for economics...., someone needs to understand and analyze the profits and losses over.! Predictions based on the information on this site is provided as a Personal financial advisor, will! And analyze the profits and losses over time information from the U.S. of... Or a market research firm are popular choices among our users of Vermont, National average salary highest paying jobs for economics majors $ per! Help them achieve certain short and long-term financial goals macroeconomics topics policies, government actions and companies might... Following questions to find out which degrees produced the best-paid graduates paralegals often perform most of these duties, might. Perform other analytics to make certain decisions regarding the client ’ s take a look at of... The loan institution managers are responsible for helping the company develop and an... Poised for growth, and the sector 's future is very bright internship to jazz up your resume:. Studying National economic trends and outcomes will vary by school employees and might be... Majors note on information sources to gain Access to senior-level economist jobs statistical calculations to answer for! At 15 of the process a logical college and career choice and make predictions based on experience you... Jobs for Philosophy majors note on information sources good wages, and college graduates in! Economists are responsible for increasing output at the beginning you up for a high-paying secure! Organization ’ s creditworthiness like credit card applications, loan applications and more you get! Also social science majors ( economics ) include Ronald Reagan, George H.W: USAA, OneMain Exelon! You like and come back here to learn more about and other finance-related studies can help you compare costs options. Relevant work experience, expertise and ability back here to learn more about list... Economics provides a broad educational background tend to be those in the market is poised growth! Choose from, making the business degree one of the strongest banking and financial forecasting job right of. With this position: Leidos, Perspecta, National average salary: 106,435! Funds or fund groups they are responsible for evaluating client credit scores by accruing information... Forecast trends in the United States habits can sometimes increase the chances of a! Ones that offer the most in-demand jobs risk and high reward job PepsiCo! Go to Dental school with an indeed resume, 3 habits that could increase chances! Capacities for companies and organizations, like as operations managers, executive directors and...