Great Jobs for Economics Majors
If you were an economics major, you can profit from one of these careers.
As you close in on your economics degree, it's time to start thinking about going from micro to macro by searching for great jobs for economics majors.
So what can you do with an economics degree? Plenty. To help you put some stock into your future, Monster did some digging. Lucky for you, the market for economics degree jobs is more bull than bear. Using Monster data, as well as data from the Bureau of Labor Statistics, we found some options that add up nicely.
10 Jobs for Economics Majors
What you'd do: Accounting is one of the better-known jobs for economics majors. Accountants prepare and examine financial records, ensuring that they are accurate and that taxes are paid properly and on time.
What you'd need: Supplementing your bachelor's degree with a certification in a specific field can improve your job prospects. Check out this sample resume for an accountant.
What you'd make: The median accountant salary is $55,900 per year.
Find accountant jobs on Monster.
What you'd do: Actuaries help their clients and employers determine how to proceed with business actions based on the potential risks, and they also determine ways to minimize that risk. This role is especially significant in the insurance industry, but it's found in other sectors as well.
What you'd need: A bachelor's degree with a strong background in math, statistics, and business (plus certification) is a standard expectation.
What you'd make: The median actuary salary is $90,243 per year.
Find actuary jobs on Monster.
What you'd do: Using spreadsheets and bookkeeping software, bookkeepers record financial transactions, update statements and check financial records for accuracy.
What you'd need: A bachelor's degree with an emphasis on math and computer skills is a standard expectation. Check out a sample resume for a bookkeeper.
What you'd make: The median bookkeeper salary is $42,779 per year.
Find bookkeeper jobs on Monster.
4. Budget Analyst
What you'd do: Budget analysts work with public and private organizations to arrange and track their finances. They prepare budget reports, either for set periods or special circumstances, and track spending and trends.
What you'd need: A bachelor's degree is the minimum in many cases, but some employers may expect a master's degree. Check out a sample resume for a business analyst.
What you'd make: The median budget analyst salary is $66,785 per year.
Find budget analyst jobs on Monster.
5. Compensation and Benefits Manager
What you'd do: Compensation and benefits managers set the course for salaries and benefits choices, including retirement plans, that affect all employees at all levels of an organization. These human resources roles can be combined at smaller companies but often are separate jobs at larger organizations.
What you'd need: A bachelor's degree and related work experience typically is the baseline.
What you'd make: The median compensation and benefits manager salary is $79,026 per year.
Find compensation and benefits manager jobs on Monster.
6. Credit Analyst
What you'd do: Credit analysts focus on minimizing risk for their organization by determining who's likely to repay a debt extended to them, whether it's an individual customer or another business.
What you'd need: A bachelor's degree is the baseline, and some employers may seek those with a master's degree or a professional certification.
What you'd make: The median credit analyst salary is $54,685 per year.
Find credit analyst jobs on Monster.
7. Financial Analyst
What you'd do: Financial analysts—another among the better-known jobs for economics majors—assess the performance of stocks, bonds and other types of investments to provide guidance to businesses and individuals making investment decisions.
What you'd need: A bachelor's degree is the baseline, but to further your career, you may need to obtain a master's degree. Check out a sample resume for a financial analyst.
What you'd make: The median financial analyst salary is $68,161 per year.
Find financial analyst jobs on Monster.
8. Management Analyst
What you'd do: Management analysts and consultants provide advice to managers on how they can improve efficiency and make their organization more profitable through reduced costs and increased revenues.
What you'd need: You can improve your job prospects by supplementing your bachelor's degree with a certification in management consultant (CMC).
What you'd make: The median management analyst salary is $87,660 per year.
Find management analyst jobs on Monster.
9. Market Research Analyst
What you'd do: Market research analysts figure out what products buyers are looking for. They work to measure market sentiment and project sales for products and services, seeking the sweet spot on prices to maximize profits. This role is widely available across many industries—if a business has something to sell, it can probably take advantage of market research analysis.
What you'd need: A bachelor's degree with an emphasis on math and analytical skills is usually the minimum, although some employers will be looking for a master's degree.
What you'd make: The median market research analyst salary is $66,240 per year.
Find market research analyst jobs on Monster.
10. Sales Associate
What you'd do: As a sales associate, your daily tasks would involve contacting—and possibly meeting with—customers, explaining product features and negotiating prices to make a sale.
What you'd need: Your bachelor's degree should be sufficient for a job in sales. Check out a sample resume for a sales associate.
What you'd make: The median sales representative salary is $54,297 per year.
Find sales associate jobs on Monster.
Get Your Economics Career Off the Ground
Whether you decide to put your economics degree toward a career in accounting, sales, human resources, or beyond, you need to get in front of hiring managers to show them you're ready to get to work. Need some help attracting their attention? Make a free profile on Monster, and we can send you the right jobs for economics majors that would be a good fit. Plus, we can get your resume in front of recruiters in your field.