Master's in economics jobs

There are many different jobs you can get with a master's in economics, including economist, financial analyst, and data analyst. A Master's in economics allows you to apply to a wide range of jobs in the finance, business, and government realms that are lucrative and fulfilling. There are also a variety of work settings you might work in with this degree, such as non-profit organizations, government agencies, financial institutions, research organizations, and several others. If you have strong analytical and research skills, here are ten great jobs you can get with a master's in economics:

1. Economist

   Average Salary: $109,102

   The primary role of economists is to study how society distributes resources, including raw materials, land, and labor, to create goods and services. They perform various tasks, including conducting research, monitoring economic trends, and devising forecasts on a wide range of issues such as inflation, interest rates, and employment. Additionally, they are responsible for preparing reports and presentations and advising individuals, businesses, and governments on economic issues. Economists are also responsible for designing policies or making recommendations for resolving economic problems.

2. Financial Analyst

3. Data Analyst

   Average Salary: $74,342

   Data analysts are responsible for interpreting the company's statistics and providing sound recommendations to the organization. They manage the organization's data sets, usually related to market performance, finance, or human resources. They are in charge of studying the available data, spotting trends, interpreting what the data and the trends mean, and recommending suggestions that will help the organization perform better. Their recommendations should also be relevant and backed up with strong analyses. Data analysts are expected to have a good grasp of the current market trends in the industry.

4. Policy Analyst

   Average Salary: $66,359

   Policy analysts are responsible for developing government policies and providing advice and briefing to senior management. These professionals work to influence both social and political decisions. They typically work in four key areas, including collecting information, analyzing policies, providing recommendations, and sharing information with government officials and the public. Additionally, they are also expected to consult with stakeholders to provide quantitative evidence supporting their policy. The rest of their time is spent on writing, reading, and analyzing information.

5. Consultant

   Average Salary: $78,912

   Consultants are individuals who were tapped by a company or an organization to work on a specific activity, depending on their field of expertise. They act as guides for the organization in undertaking projects that are related to their field. Consultants would usually assist organizations in planning, often giving advice when the need arises. They would, at times, take the lead in activities that involve data gathering and interpretation of data gathering results so that they can provide solid recommendations on actions that the organization may undertake. They may also guide the organization in implementing any changes brought about by their consultancy and in evaluating the effectiveness of the changes.

6. Market Research Analyst

   Average Salary: $51,688

   A market research analyst is a professional who studies the market conditions so that he/she or she can examine the potential sales of an organization's product or service. Market research analysts are required to devise and evaluate methods for collecting data such as surveys, focus groups, and opinion polls. They must interpret the data they have collected and presented their findings to executives and clients to help them make better-informed decisions. Market research analysts are also required to create visuals of industry trends and competitors so the company can predict how it fares in the marketplace.

7. Investment Banker

   Average Salary: $162,715

   An investment banker is responsible for selling and issuing securities and financial assets to the stock markets to generate money and raise capital for organizations and financial institutions. Investment bankers also work with private clients to advise them of investment options and financial transactions according to the market's condition and clients' interests. They handle the clients' investment portfolios and create propositions for acquisitions and company mergers. An investment banker must have excellent knowledge of the financial and stock industry, as well as having excellent analytical skills to review statistical data and determine the best financial strategies.

8. Financial Manager

9. Environmental Economist

   Average Salary: $56,531

10. International Trade Specialist

    Average Salary: $63,227

    An international trade specialist usually coordinates the trading, importation, and exportation of products and services. They are responsible for ensuring that every trade meets the guidelines and policies of a particular country or place. They need to monitor the shipment and delivery of products. They must also know how to resolve issues with countries that have a strict policy about trading.