The economy is a matter of discussion all over the world. Running the economy smoothly depends on various policies and decisions of the state. Overall, economics is a subject of various complications. Persons who deal with economic policies are known as economists. So, how can you become an economist? After completing higher secondary school, one should pursue a bachelor of economics honours to become a successful economist. For an economist, there are many career options. Some of the options are discussed in the following section.
- Financial Risk Analyst
Today, the global economy is more unpredictable than ever. A business can become profitable if everything goes in the right way. On the other hand, businesses can also fail miserably. Hence, risk assessment is an essential step for an emerging business. Professional economists can provide financial risk analysis. They analyze potential risks for running a business. Such risk assessment helps the business owners to stay prepared for the worst scenarios. Nevertheless, risk assessment can also help in curbing some risk factors. After studying economics, you can work as a freelancer financial risk analyst. You can also pursue the job of a risk analyst in a financial consultancy or business consultancy firm.
- Financial Auditor
After completing graduation in economics, one can work as an auditor. The job of an auditor is to inspect financial transactions. The person is responsible for finding mistakes in financial records. An auditor has a huge job prospect. In many public sector companies in India, auditors have been recruited. In the banking sector, the demand for professional and skilled auditors is high. So, you will get a job easily after completing your course in economics.
- Financial Manager
In today’s business scenario, different departments need managers for dealing with different tasks. For managing the projects, a company needs project managers. For managing finance, a business requires financial managers. Studying economics makes you qualified for the job of a financial manager. The role of a financial manager is to take important finance-related decisions to help an organization grow. Having strong knowledge of economics will help you to become a professional financial manager.
- Economic Consultant
A business needs an economic consultant for taking the right business decisions. Economic consultants help businesses to recognize economic challenges and opportunities. Eventually, it helps the business owners to make the best decisions to run their businesses successfully. A professional economic consultant will help you to make the right decisions at the right time. The inability of taking the right financial decisions leads companies into big troubles.
- Actuarial Analyst
You should have knowledge in mathematics and statistics for working as a successful actuarial analyst along with economics. In the finance, banking, and insurance sectors, the demand for actuarial analysts is high. They research business data collected from different courses. They prepare reports and try to evaluate the data trends. For pursuing such jobs, you need to complete graduation in economics from reputed BA economics colleges.
There are a lot of colleges that offer an economics course. You need to choose the right college for availing the best education support.