Know About the Exciting Career Options after BA Economics Hons
Delhi : What do Karl Marx, Amartya Sen and Manmohan Singh have in common? Apart from the fact that these individuals contributed a lot in their respective field, they all are Economics graduates. Economics is considered as the most evergreen subject, and there is a vast demand for economics graduates in the job market.
BA economics honours is a rewarding degree, along with some hullabaloo of difficulties. The curriculum comprises of the study of microeconomics, macro-economics and statistics; where microeconomics talks about the nations & global economy while micro-economics concerns economy on an individual level.
A degree in economics sows the seeds of ideation and curiosity, which result in students having successful careers in banking, finance, auditing, statistics, marketing, and so forth. The scope of career choices after graduating in economics is huge.
Let’s clear the mist by shedding light on some of these careers in greater details:
1. Actuarial Science
Actuarial science is one of the most exciting professions since the 17th century among economics graduates. The essential thing that makes this interesting is the use of mathematics to find out the strategic methodologies to asses risks in finance, insurance and other relevant industries.
Having a degree of BA honours economics is more like a cherry on the cake if you are interested in pursuing a career in Actuarial Science. The analytical and practical knowledge that one receives during the course helps one perform with excellent proficiency.
Rightfully said, law influences economics and economics influences law. Both the prospects go hand in hand, which is why it is a great decision to do law after completing graduation in economics.
One with the combined skills of law and economics can start their career in corporate law, public policy, and market research. Universities like UPES are leading the way when it comes to courses like BA (Hons.) Economics and BA LLB with specialisation in Corporate Law. Students need certain skills to truly amplify the LLB scope and choose good universities that will assist them in gaining these skills.
After the completion of these courses, one is all set to become the next Harvey.
Auditing is one of the most popular career choices after completing BA honours economics. The work of an auditor majorly focuses on reviewing the financial status and accounts of organisations and companies.
In simple words, the professionals pursuing this career will have to collect information’s and check if all the financial records and statements are legal, valid or presented relatively. So, if you are interested in disserting the integral working of any aspect of a company, then this is the right career choice for you.
4. Indian Economics Services
Students who are curious about the regulation of money, economy advice and want to contribute in shaping the economy, IES is the right place for you. Constituted in 1961, the Indian Economics Services undertake the economic analysis within the government.
One pursuing IES should understand how having a degree in economics helps while preparing for civil services. So, if you aim at working with the finance department of the country, you are sure to have a promising and fulfilling career after BA (Hons.) Economics.
There are a lot of firms who hire economics graduate to help them with financial advice to benefit the organisation. The primary role of someone opting to consult is to research and prepare a report to address an economic issue. These economic problems are generally related to the production and distribution of services, goods or fiscal policy.
If you wish to have a career as a consultant, then you must possess good analytical skills. Along with that, one must also excel in communication skills, problem-solving skills and interpersonal skills. Sounds fancy, right?
Summing up, BA economics honours provides extensive knowledge about technical & practical concepts that run the world. If these career options spark your mind, then you are on the right path to having a successful career.