How hard is it to become an economist?

To be a professional economist, they will also need to be confident in producing economic forecasts and reports to present to clients (individuals, companies, financial organizations, and public bodies) and advise on policy and business strategy accordingly.

Banking careers are very popular with economics graduates, offering scope for high earnings and having a high demand for economists. Graduates with a background in economics are particularly valued for financial control, financial planning, risk analysis, data analysis, and consultancy roles.

With a focus on keeping the financial requirements of clients and businesses on track, banking careers are largely concerned with advising and providing services for a range of banking clients and consumers.

Economists and economics experts are at the heart of the business world and financial consulting. Economics graduates may find positions in large and medium-sized organizations where economic research is required.

The role of an economic researcher requires in-depth knowledge of economic theories and models, thorough analytical and problem-solving skills, and mathematical ability.

Financial consultants in economics would fill similar roles but may work for multiple clients instead of just one organization, producing reports and advising business strategy. Up-to-date industry knowledge and awareness of corporate finance are essential in these roles.