Top 6 Career Options after BA Economics - Eligibility, Salary

Career Opportunities After BA Economics

A BA in Economics provides a wide range of career opportunities, making it a suitable field for candidates seeking high professional growth. Graduates can explore diverse careers in finance, banking, public policy, research or academics. They are ideal for jobs such as economic analysts, financial consultants, policy advisers and market researchers. With the right skills and educational backgrounds, the job options after BA in economics can lead to a successful and rewarding career.

Here are the 6 career options after BA Economics that graduates can choose from.

1. Auditor

An auditor is an excellent professional path after earning a bachelor's degree in economics. It is not only a rewarding job with many unique challenges, but it is also in high demand. One must develop audit strategies, evaluate financial accounts, check all legal compliance, and provide an audited report to audit an organisation's financial statements.

One must have specific abilities to do an auditor’s duties efficiently. An auditor must be well-versed in all financial regulations, a problem solver, dependable, and have analytical and confidentiality abilities.

2. Economist

An economist is one of the highest-paying jobs in the field of Economics, so one can find this ideal after earning a BA Economics. Graduates can pursue a career as an economic consultant after completion of an education in BA economics. These professionals can be employed in financial institutions, corporate and public organisations, or research institutes.

An economist's role is to gather and assess data, trends, and patterns in the economy. An economic consultant should possess strong economic, mathematical, and statistical knowledge, as well as effective communication and observational skills.

3. Actuarial Analyst

An actuarial analyst’s role is critical in the financial industry, with the growing need for skilled professionals in this field. For students seeking a profitable career in finance after completing a BA in Economics, this is an excellent field. Actuarial analysts help companies analyse and manage financial risks while supporting qualified actuaries in making strategic decisions to solve complex financial challenges.

An Actuarial analyst should have a strong background in mathematics, probability, and statistics to excel. In addition, these experts must be skilled in analysis, decision-making, problem-solving, and project management. Computer skills such as coding and Excel are also beneficial for success in this field.

4. Financial Advisor

A Financial Advisor is one of the excellent career options after B.A Economics. The primary responsibility of a financial advisor is to ensure the organisation's financial well-being by advising supervisors on how and where to buy and allocate the company assets so that the highest ROI (return on investment) is achieved.

A Financial Advisor must have an understanding of finance and financial documentation, analytical skills, attention to detail, communication, leadership, and interpersonal communication abilities.

5. Subject Matter Expert

A person with a strong understanding of economics and a solid grasp of a topic may work as a Subject Matter Expert for instructional websites. It is one of the top job options after B.A. in Economics degree. These professionals are accountable for providing correct information and expertise to students.

A Subject Matter Expert is supposed to answer students’ questions and also should have a good understanding of their field and specialisation. Aside from this, communication skills, time management, adaptability, a strong work ethic, and managerial abilities are required.

6. Operations Manager

An Operations Manager is an individual with strong leadership and administrative abilities, as well as a solid understanding of statistics and economics. Their responsibilities include leading the business by overseeing the production of goods and services, reviewing various assignments and projects, and assessing records, analytical data, and budgets, as well as controlling production-related expenditures. Financial expertise, critical thinking, time management, leadership, and communication abilities are some of the skills needed to become an operations manager.

Salary Trends after BA LLB

The salary is determined by several criteria, including the candidate's experience and the career options after BA economics selected by the candidate. As the candidate gains experience, his or her income will improve. In the table below, we have covered the most popular job roles as well as their average annual pay.

Conclusion

A B.A. in Economics provides a wide range of career options. Graduates may pursue careers in Finance, banking, financial consulting, policy advising, and market research. Further education or professional training can improve chances, making economic graduates useful assets in a variety of industries.