Economics

The knowledge of economic principles, communication and analysis skills, and familiarity with business decision-making and public issues gained from a major in Economics forms a strong career foundation. Graduates in Economics may work in research, data collection and analysis, economic monitoring, or planning in industries including banking, manufacturing, agriculture, education, health, trade, and energy. This major is also excellent preparation for law school or graduate studies in business administration, public policy, or economics.

Potential Career Areas: 

  • Budget analysis
  • Economic forecasting
  • Policy
  • Consulting
  • Outreach
  • Financial planning
  • Investment strategy

Sample Employers: 

  • Banks
  • Government agencies
  • Businesses
  • Manufacturers
  • College and universities
  • Hospitals
  • Nonprofit organizations
  • International aid organizations
  • Investment firms

 

Sample Job Titles and National Salary Ranges: 

Job Title

Salary Range

Financial Services Broker $30,900 - $68,680
Economist $44,050 - $83,590
Financial Aid Director $50,000 - $80,000
Home Economist $38,000 - $51,000
Personal Financial Advisor $32,700 - $64,800
Environmental Economist $48,300 - $89,400
Budget Analyst $44,900 - $68,200
Cost Estimator $33,150 - $56,510
Loan Counselor $26,900 - $38,100
Business Continuity Planner $33,800 - $62,400
Financial Controller, Nonprofit $50,000 - $138,000
Major Gifts Officer $45,000 - $80,000
Financial Wire Reporter $23,000 - $80,000

 

Sources of Information:  United States Department of Labor: Bureau of Labor Statistics (2010); DISCOVER (2011); Facts on File: Ferguson’s Career Guidance Center (2011).