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Economic Adviser Careers

There is more than meets the eye when it comes to being an economic adviser. For example, did you know that they make an average of $50.97 an hour? That's $106,022 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 1,700 job opportunities across the U.S.

What Does an Economic Adviser Do

There are certain skills that many economic advisers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed writing skills, speaking skills and analytical skills.

When it comes to the most important skills required to be an economic adviser, we found that a lot of resumes listed 26.1% of economic advisers included economic analysis, while 13.0% of resumes included economic development, and 7.9% of resumes included financial institutions. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the economic adviser job title. But what industry to start with? Most economic advisers actually find jobs in the finance and non profits industries.

How To Become an Economic Adviser

If you're interested in becoming an economic adviser, one of the first things to consider is how much education you need. We've determined that 32.6% of economic advisers have a bachelor's degree. In terms of higher education levels, we found that 43.2% of economic advisers have master's degrees. Even though most economic advisers have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an economic adviser. When we researched the most common majors for an economic adviser, we found that they most commonly earn master's degree degrees or bachelor's degree degrees. Other degrees that we often see on economic adviser resumes include doctoral degree degrees or diploma degrees.

You may find that experience in other jobs will help you become an economic adviser. In fact, many economic adviser jobs require experience in a role such as internship. Meanwhile, many economic advisers also have previous career experience in roles such as research assistant or economist.

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Average Salary
$106,022
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
2,356
Job Openings

Economic Adviser Career Paths

Top Careers Before Economic Adviser

Top Careers After Economic Adviser

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for an Economic Adviser

Economic Advisers in America make an average salary of $106,022 per year or $51 per hour. The top 10 percent makes over $218,000 per year, while the bottom 10 percent under $51,000 per year.
Average Salary
$106,022

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Economic Advisor
Economic Advisor
Hongkun USA Real Estate Development LLC
Hongkun USA Real Estate Development LLC
03/14/2019
03/14/2019
$280,00003/14/2019
$280,000
Economic Advisor
Economic Advisor
Hongkun USA Real Estate Development LLC
Hongkun USA Real Estate Development LLC
03/14/2019
03/14/2019
$280,00003/14/2019
$280,000
Chief Economic Adviser
Chief Economic Adviser
Youpik Inc.
Youpik Inc.
02/06/2018
02/06/2018
$85,00002/06/2018
$85,000
Chief Economic Adviser
Chief Economic Adviser
Youpik Inc.
Youpik Inc.
02/06/2018
02/06/2018
$85,00002/06/2018
$85,000
Community Economic Development Advisor
Community Economic Development Advisor
Halloran Foundation
Halloran Foundation
01/13/2010
01/13/2010
$100,00001/13/2010
$100,000

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Economic Adviser Demographics

Gender

male

67.0 %

female

27.6 %

unknown

5.4 %

Ethnicity

White

67.6 %

Hispanic or Latino

13.8 %

Asian

11.2 %

Foreign Languages Spoken

Spanish

34.0 %

French

22.0 %

Portuguese

6.0 %
See More Demographics

Economic Adviser Education

Majors

Economics
29.5 %
Business
12.7 %
Finance
6.0 %

Degrees

Bachelors

57.5 %

Masters

27.9 %

Doctorate

7.3 %

Top Colleges for Economic Advisers

1. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

2. University of Minnesota - Twin Cities

Minneapolis, MN • Public

In-State Tuition
$14,760
Enrollment
31,451

3. University of Georgia

Athens, GA • Public

In-State Tuition
$11,830
Enrollment
29,474

4. Virginia Polytechnic Institute and State University

Blacksburg, VA • Public

In-State Tuition
$13,620
Enrollment
27,730

5. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

6. Ohio State University

Columbus, OH • Public

In-State Tuition
$10,726
Enrollment
45,769

7. University of Wisconsin - Madison

Madison, WI • Public

In-State Tuition
$10,555
Enrollment
30,360

8. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

9. University of Connecticut

Storrs, CT • Public

In-State Tuition
$15,730
Enrollment
18,830

10. SUNY Stony Brook

Stony Brook, NY • Public

In-State Tuition
$9,625
Enrollment
17,407
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For an Economic Adviser

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 26.1% of economic advisers listed economic analysis on their resume, but soft skills such as writing skills and speaking skills are important as well.

  • Economic Analysis, 26.1%
  • Economic Development, 13.0%
  • Financial Institutions, 7.9%
  • Research Projects, 6.9%
  • Capacity Building, 6.4%
  • Other Skills, 39.7%
  • See All Economic Adviser Skills

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Top Economic Adviser Employers

1. Peace Corps
4.6
Avg. Salary: 
$78,878
Economic Advisers Hired: 
21+
2. United States Department of State
4.5
Avg. Salary: 
$81,626
Economic Advisers Hired: 
7+
3. Treasury Department
4.8
Avg. Salary: 
$90,544
Economic Advisers Hired: 
4+
4. Prime
4.6
Avg. Salary: 
$92,397
Economic Advisers Hired: 
3+
5. Inter-American Development Bank
4.5
Avg. Salary: 
$137,778
Economic Advisers Hired: 
3+
6. United States Army
4.0
Avg. Salary: 
$87,493
Economic Advisers Hired: 
3+
Updated October 2, 2020