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Economics Major

Possible Job Titles
Typical Places of Employment
Required Skills and Abilities
Typical Work Activities
Employment Links
Additional Info in Career Services
Alumni Resources (To contact alums, go to SU's Mentor Network)
Related Links
 

Career Information
Occupational Outlook HandBook
America's Career Info Net

Possible Job Titles

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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 
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 

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

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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
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

Required Skills and Abilities

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Research/Analysis
Designing projects
Generating/developing ideas
Organizing materials
Computing data
Analyzing results
Testing an idea/hypotheses
Using computers
Applying statistical methods 

Communication
Writing reports/articles
Summarizing
Writing proposals
Reading and interpreting reports/statements
Speaking persuasively
Explaining ideas/goals
Justifying a position 
Problem Solving
Assessing needs
Defining problems
Reviewing/evaluating goals
Relating theory to practice
Projecting/forecasting results
Applying quantitative analysis
Generating solutions
Evaluating policies 

Financial
Maintaining accurate records
Tabulating figures
Manipulating numerical data
Developing budgets
Performing cost/benefit analyses
Creating and evaluating financial reports/statements 

Typical Work Activities

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Performing ambiguous or
abstract tasks
Conducting research and analysis
Process, evaluate and
communicate information
Collecting and organizing data
Formulating general
investment strategy
Researching trends in economic
activity
Problem solving
Working independently
Applying basic analytical
techniques and theory to
new situations and
problems

Additional Info in Career Services

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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

To see a complete list of career books located at the Career Services Office click here .

  • Great Jobs for Economics Majors

Alumni Resources

(Listed below are examples of SU Alumni and their Jobs in this major-For more alumni resources, go to Mentor Network)

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ALUMNI NAME GRAD.
DATE
CURRENT JOB ORGANIZATION
Colin Exelby 2000 Financial Advisor Morgan Stanley Dean Witter
Kimberly Burgess 1997 Law Clerk United States Court of Appeals for the 11th Cir.
Jeff Hunter 2000 Wage Specialist Primerica Financial Services
 

Related Links:  Explore this Career Field

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(See also Business links)
American Economic Association
Association of Environmental and Resource Economists- established to exchange ideas, stimulate research, and promote graduate training in resource and environmental economics.
Career Information for Economics and Applied Mathematical Economics Majors
Careers in Agricultural Economics
Economics Careers, Jobs, and Degree Information
Check this out:  A major-- to career-- converter from Monster.
College and University Faculty from the Occupational Outlook Handbook  
Economics Career Overview- the nature of the work
Economists and Marketing Research Analysts from the Occupational Outlook Handbook 
National Association for Business Economics-profiling people who use economics in their work
Sample Resumes for Economics Students at SU
What are the qualifications for becoming an economist?

......... more events


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