If you enjoy working with numbers and figures, then you might like to pursue a career in economics and work in the field of money management. This field requires people who are sharp, critical thinkers. They will conduct surveys and create statistical data. They will analyze how people will create services and goods by allocating resources like labor, land and technology. They will monitor inflation, costs and exchange rates to further the business conducted by the company that has hired them. In these uncertain financial times the need for economists is even greater.
There are many career options for someone with a degree in economics, including: investment banking, high finance, accounting, and personal finance consulting. This page helps you find out more about the programs, what the courses include, where you can take them, the career prospects, and what you can expect to earn after completion of your degree. You might also like to look at the finance degree page.
What is studied in a degree in economics?
Businesses rely on having every aspect of their financial dealings worked to perfection, ensuring they are receiving the highest profit and the best quality products and services. This requires clear thinking and a sound knowledge of mathematics. Mathematics and statistics underpin econometrics, which is the quantitative analysis of actual economic phenomena.
A bachelor degree will provide courses that teach a student the fundamentals of economics. They will be trained to analyze critical data and make financial decisions based on the results of their analysis. They will be taught the necessary tools to deal with issues and will have a good understanding of how money works in society.
A graduate would have a choice of different possible careers in economics. A program of study would include courses dealing with taxes, statistics, corporate and industrial organizational strategy, marketing, and, of course, accounting. If a student has a particular industry in mind that he or she would like to work in, it is wise to get as much background education and knowledge in that industry alongside the money and financial aspect. For any student interested in studying economics at graduate level, it is possible to obtain an economics masters degree or a PhD in economics.
What jobs are there for graduates?
An economics degree will open up the doors for someone who loves to work with numbers and money, especially in the area of financial services. Preparing taxes, keeping financial records, handling marketing and processing corporate finances are but a few of the options available. Personal finance is on the rise and consulting firms are always looking for a bright, new student willing to work hard in the world of finance.
Students of this field should be prepared to work their way through the ranks in the same fashion that other industries do. Entry level jobs in economics are generally available in some way or another and many companies leave room for advancement to management and supervisory positions. More experience, more knowledge and more education will bring higher paychecks and promotions.
The annual salary that someone with an economics degree can expect early in their career is about $70,000, depending on their location and several other factors. It is not an industry that expects any major changes for the next few years, although there may be a slight increase in demand after 2014 and the increased interest in handling personal finance is definitely something to be watched.
List of schools and programs
Pioneering distance education since 1985, Liberty University is now the nation’s seventh largest university. With more than 300 online and residential areas of study, Liberty offers programs from the certificate to doctoral level.
- BS in Business - Economics
- BS in Business - Finance
As the largest private university in North America, University of Phoenix has locations nationwide, and is available online in most countries around the world. Whether you're seeking a college degree at an associate's, bachelor's, master's, or doctoral level, we can help you reach your academic goal and sooner than you might think.
- BS in Business/Finance
At Kaplan University, we offer over 180 degree and certificate programs. With three different ways to learn, you can choose the format that works best for you:
- Study wherever you have an Internet connection, because almost all of our courses are 100% online, or
- Take campus-based classes(with day and evening options available), or
- Combine campus learning with online classes (blended).
- Master of Science : Finance
To get ahead, you need an education that will truly set you apart and is affordable. A private, non-profit, fully accredited institution, Bellevue University is dedicated to helping you earn a degree that prepares you to advance your career. Bellevue University has graduated over 40,000 students with an education that combines the latest knowledge and professional skills employers expect. More than 70 bachelor’s, master’s and Ph.D. programs in growing fields such as IT, Healthcare, Business, Safety and Security, are available online and on campus.
- Master of Science in Strategic Finance - MS
- Business Administration - Economics (BS)
- Financial Management - LEA.AC
An accredited online university, Capella University offers bachelor’s, master’s/MBA, doctoral, and certificate programs designed to take you to the forefront of your profession. Our competency-based curriculum delivers foundational knowledge and real-world skills, so what you’re learning is immediately applicable to your career. We serve more than 36,000 students from the U.S. and around the world and offer more than 140 graduate and undergraduate specializations and 20 certificate programs.
- PhD - Finance (ACBSP-accredited)
- BS - Finance (ACBSP-accredited)
Give your career a boost with an education from Bryant and Stratton College. We offer certificate, associate degree, and bachelor's degree programs for careers in the business, criminal justice, design, finance, technology, health care, and legal fields.
For more information about Bryant and Stratton’s graduation rates, the median debt of students who completed the program, and other important information, please visit our website at www.bryantstratton.edu/disclosures.
- Financial Support Services-AAS
LeTourneau University is an interdenominational Christ-centered university offering more than 80 programs that prepare students for success in areas including the arts and sciences, aviation, business, education and engineering.
- Bachelor of Science in Finance (FINA)
- Certificate - Financial Services