jobs with an econ degree.

[hvnit2gd]

what type of jobs can you get with an econ major or minor?

[Easterbrook]

My current apartment mate and I were both Economics majors. He works for the Federal Reserve in some sort of economic/research analyst type position. I went to law school and there are a fair number of econ majors here (maybe 8% of my class).

A fellow econ major friend from undergrad now works for the CIA in DC-- in her words, she analyzes classified economic data for various hot zones in the world.

Another econ major friend of mine from another school now works for a private equity firm in Boston.

One of my other econ major friends works for Wells Fargo testing their economic models.

Yet another econ friend, a few years older than I, went on to get his Phd and just started teaching at a private liberal arts university in NY.

I also have an econ major friend at Ernst and Young who does something in valuating intellectual property.

I could go on and on-- what types of things interest you?

[Squaw Man Wolfer]

My current apartment mate and I were both Economics majors. He works for the Federal Reserve in some sort of economic/research analyst type position. I went to law school and there are a fair number of econ majors here (maybe 8% of my class).

A fellow econ major friend from undergrad now works for the CIA in DC-- in her words, she analyzes classified economic data for various hot zones in the world.

Another econ major friend of mine from another school now works for a private equity firm in Boston.

One of my other econ major friends works for Wells Fargo testing their economic models.

Yet another econ friend, a few years older than I, went on to get his Phd and just started teaching at a private university in NY.

I also have an econ major friend an Ernst and Young who does something in valuating intellectual property.

Ask your friend to evaluate the amount of "intellectual property" is generally posting on Glocktalk. :embarassed:

[Easterbrook]

Ask your friend to evaluate the amount of "intellectual property" is generally posting on Glocktalk. :embarassed:

I don't think I could afford him right now. :rofl:

The way I understand it, companies in their accounting need to know the monetary value of their intellectual property (things from trademarks to copyrights to patents). He gives them a number somehow. :dunno:

[hpracing007]

I have an Bachelor of Science in Economics and have been selling cars for the last year!

I applied for hundreds of jobs and got so many letters of rejection. My mom's friend is trying to get me into the finance dept., cost management or project control dept of a local oil company.

[Hines57]

Would you like to biggies size fries with that order?

[hvnit2gd]

Hmm, from the 1st post to the last there seems to be a lot of fluctuation

[hpracing007]

Hmm, from the 1st post to the last there seems to be a lot of fluctuation

Personally, I saw a downward sloping trend in regards to income, from 1st post to last. But the current sample size is rather small.

:supergrin:

[Easterbrook]

Personally, I saw a downward sloping trend in regards to income, from 1st post to last. But the current sample size is rather small.

:supergrin:

FWIW, I'm fairly certain that one could earn far more money selling cars than from working for the CIA or Federal Reserve (though those two have great benefits and stability, which are often overlooked). My apartment mate is just starting his third year at the Fed and makes somewhere around $50-60k annually, plus the benefits. Not sure what my CIA friend is making, though they are paying for her to take some advanced economics coursework at Johns Hopkins which is a cool perk.

[elrod]

Learn to drive a truck. Soon.

[FastDraw McGraw]

My brother-in-law has an econ degree........ He's now is his 14th year working under a union as a grunt of a communications company.

I'm sure someone needs those with an econ degree..... someplace.. but I couldn't say for sure. Maybe because my field requires geology or geophysicists degrees......


Fastdraw.....:wavey:

[hvnit2gd]

The reason I ask is because I am getting my teaching degree in Social Studies, but wanted to earn a 2nd major or minor in something. I have a couple econ classes already completed and would not need a whole lot more for the econ major. This is the reason for my inquiry.

[Javelin]

Econ is not a popular field of study for new hires these days. That said Finance is probably even lower on the list (like near the bottom). Its not because the degree is not hard or rewarding. It is because the Financial firms in the US that would normally be your bread and butter hiring firms are on the rocks and really looking at Title 11 due to bleeding red ink for the past year or so.

No one is hiring. In fact they are laying off many and cutting back on salaries/compensation/bonuses for those who are lucky enough to still have a job. Maybe when the market becomes more liquid there will be some demand for a new college grad. On the flip side auditing and accounting have become higher in demand due to this serious downturn (both internal and external) so if your interested in physical/paper audits or even polished enough in your accounting to help out in smaller firms you could take that route. Otherwise I would make use of your jack of all trades mentality and try to weather through this economic rough patch.

:)

[hvnit2gd]

I have a little time to go before I graduate, probably close to two years. Who knows, things may be very different then. My first option is teaching HS, I know its not a lot of money, but it is something I want to do at least for a few years anyway.

[Easterbrook]

Econ is not a popular field of study for new hires these days. That said Finance is probably even lower on the list (like near the bottom). Its not because the degree is not hard or rewarding. It is because the Financial firms in the US that would normally be your bread and butter hiring firms are on the rocks and really looking at Title 11 due to bleeding red ink for the past year or so.

No one is hiring. In fact they are laying off many and cutting back on salaries/compensation/bonuses for those who are lucky enough to still have a job. Maybe when the market becomes more liquid there will be some demand for a new college grad. On the flip side auditing and accounting have become higher in demand due to this serious downturn (both internal and external) so if your interested in physical/paper audits or even polished enough in your accounting to help out in smaller firms you could take that route. Otherwise I would make use of your jack of all trades mentality and try to weather through this economic rough patch.

:)

I agree with you that the big Financial Firms are not hiring this year like they have in previous years. Economics majors, however, generally have a plethora of options besides big financial firms.

Take this for what it's worth, but this study found that, for the class of 2008, economics majors had the highest average starting salary. Though, this lists only includes non-technical majors (so no computer science or engineering).


Here are 10 other starting salaries for 2008 graduates:

Economics - $52,926
Career options for economics majors vary from private consulting for businesses to working for government agencies.

Nursing - $52,129
Nursing majors can find job opportunities in hospitals, clinics, doctor offices and other medical facilities.

Chemistry - $52,125
Chemists can find work in laboratories, pharmaceuticals, chemical manufacturing or research and development -- to name a few.

Political science/government - $43,594
Political science and government graduates have the option of working in the state, local or federal governments, as well as private sectors or non-profit organizations.

Human resources - $40,250
Human resources majors work as HR assistants, payroll or benefits coordinators, and in diversity training.

History - $35, 956
A degree in history (aka liberal arts) means you can be an educator, researcher, communicator or editor, information manager, advocate or even a businessperson.

Communications - $35,196
Communications has much of the same focus as public relations, advertising, journalism, marketing and business management. The skills you learn in this major are transferable to many areas.

English language and literature - $34,757
English majors typically work in education, but other traditional fields of work include writing and editing for newspapers and publishing firms, public relations and broadcasting, or technical writing for advanced industries.

Journalism - $32,250
Journalism majors will find successful careers in print, broadcast or radio journalism, as well as opportunities in media relations.

Psychology - $30,877
Psychology graduates can put their degree to use in the mental or social services sectors, as well as in business or education.

Public relations/organizational communications - $30, 667
Careers in public relations vary from orchestrating the PR for large, small or non-profit organizations; writing the communications for companies or even working in advertising.

http://www.cnn.com/2008/LIVING/worklife/04/28/cb.salaries.grads/index.html