Economics Major
Career Information
Possible Job Titles
Banking/Finance
- Commodities broker
- Bank management trainee
- Financial analyst
- Economic forecaster*
- Trust administrator
- Credit analyst
- Loan counselor
- Securities analyst
- Investment banker
Business
- Market research analyst
- Sales representative
- Staff training and
development specialist
- Public relations media
planner
- Real estate agent
- Retail buyer
- Insurance underwriting
trainee
- Actuarial assistant
- Advertising copywriter
- Management consultant
- Strategic planner
- Actuary
- Business administrator*
- Cost estimator
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Government/Public Sector
- Claims examiner, Social
Security
- Administration
- Foreign trade analyst
- Tax auditor
- Housing development aide
- Budget Office assistant
- Legislative assistant
- Lobbyist
- Regional/urban planner*
- Financial planner
- Lawyer*
- Research assistant
- Compensation analyst
- Demographer
- Public administrator
Education/Communication
- Professor*
- Technical writer
- Journalist/columnist
- Teacher*
- Higher education
administration*
- Educational television
advisor
- Information analyst*
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*Denotes need for additional education
ACTUARY
Assembles and analyzes statistics, calculates risk probabilities, and
determines premium rates for policies and pension plans within the three basic
areas of insurance: life, health, and property and casualty. Works for insurance
companies and their regulators.
BANK RESEARCH ANALYST
Researches, analyzes, and assesses prospective banking projects. Typically
works for the bank involved.
COMPENSATION/BENEFITS COORDINATOR
Assists Compensation/Benefits Analyst in examining compensation packages,
including wages, salaries, and benefits, and in comparing them with those in the
same field to
determine competitiveness and fairness. Employers in many diverse fields,
including compensation consulting firms.
FINANCIAL ANALYST
Assesses the feasibility and profitability of specific financial operations,
programs, and transactions. Works for corporations, government agencies,
investment banks, and
brokerage firms. Usually requires relevant coursework.
FINANCIAL RESEARCHER
Compiles statistical reviews and forecasts. Maintains and reviews financial
literature and records regarding departments, industries, and possible
transactions. Works for corporations, financial institutions. Usually requires
relevant coursework.
INVESTMENT BANKING ANALYST TRAINEE
Completes basic research required for investment banking transactions between
institutions with long-term capital needs and major investors. Researches both
broad industries and the specific financial status of particular institutions,
prepares documents and reports for staff and clients.
LABOR RELATIONS RESEARCHER
Assists labor relations specialists with detailed research required for
contract negotiations. Prepares advisory reports on union-management agreements.
Works for unions,
unionized employers, and government arbitrators.
LOBBYING RESEARCHER
Identifies information that can be used to support the positions and the
efforts of lobbyists. Involves library research, attendance at conferences and
committee meetings, and
writing of reports. Employers include a diversity of special and public interest
groups as well as professional lobbyists.
REAL ESTATE DEVELOPMENT RESEARCHER
Explores the real estate needs of particular communities, gathers information
about available parcels of land, and explores the market feasibility of proposed
projects. Works
for real estate developers.
UNDERWRITER TRAINEE
Assists in determining whether an insurance company will take on a particular
risk. Analyzes actuarial studies and other pertinent information, prices
policies in an attempt to balance risk and the need for profit, and answers
inquiries from agents and clients. Works for insurance companies and reinsurance
companies (which underwrite other insurance companies in cases of very high
risk).
URBAN PLANNING RESEARCH ASSISTANT
Under the supervision of a city or regional planner, conducts research into
the economic, environmental, and social consequences of development in order to
support strategies
for appropriate growth and renovation of rural, suburban, or urban areas.
Typically works for a government agency. May work for a consulting or
architectural firm.
Typical Places of Employment
- Advertising dept. and firms
- Government Agencies
- Banks
- Consumer Affairs Office
- Business corporations
- Energy Department
- Chambers of Commerce
- Federal Trade Commission
- Civic & taxpayer
associations
- Housing & urban Dev.
- Colleges & Universities
- Labor Department
- Consulting firms
- Social Security Admin.
- Consumer organizations
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- Magazines, newspapers
- Educational institutions
- Labor unions
- Employment agencies
- Personnel departments
- Financial institutions
- Political action groups
- Industries
- Research & dev. firms
- Insurance companies
- Trade associations
- Investment firms
- Utility companies
- Market research depts. and
firms
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Typical Work Activities
- Performing ambiguous or
abstract tasks
- Conducting research and
analysis
- Process, evaluate and
communicate information
- Collecting and organizing
data
- Formulating general
investment strategy
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- Researching trends in
economic activity
- Problem solving
- Working independently
- Applying basic analytical
techniques and theory to new
situations and problems
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Additional Info in Career Services
These publications must be used in the "Browsing" Library of Career Services.
There are also many brochures and magazines such as Resume Writing, Interviewing
and Job Choices that you may take with you.
- Career Choices for Students of Economics
- Great Jobs for Economics Majors
To see a complete list of career books located at the Career
Services Office click
here.
Related Links: Explore this Career Field
(See also Business links)
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