SRM University (SRMUH) 
What do Warren Buffett, the world’s third-richest man, Elon Musk, the CEO of Tesla Inc., and Urjit Patel, the former Governor of the Reserve Bank of India, have in common? You guessed it correctly! They are incredibly successful in their domains and are well-known among the world’s brightest brains.
Are you aware, however, that all three of them are Economics graduates?
In today’s commercial world, a career in economics is tremendously rewarding. The subject’s interdisciplinary nature and rigor enable a wide range of opportunities for an Economics graduate, from public policy and development to data science and marketing.
So, let’s take a closer look at a few of these professions. This guide is for you if you’re one of the thousands of students interested in pursuing a career as an Economics Honours graduate but need help figuring out where to start.
Policymaking
Countless students enroll in Economics programs at the undergraduate and postgraduate levels to become successful researchers and administrators since the ability to grasp the whole economy is a raw talent of an Economics graduate. In the future, one might want to be the nation’s or state’s finance minister, a policymaker, or in other technical governance roles. Aside from being elected by the people, there are different paths to active policymaking, such as academia combined with active policy dialogues or being a technocrat.
Development Sector Organisations or Think Tanks
This industry is intimately linked to policymaking, although often in the guise of its doppelganger. In fields such as food insecurity, regional development, education, universal health care, agricultural production, world trade, and political economy, governmental development agencies and think tanks frequently research incumbent and other policy ideas to present reliable policy options for civil society and governments. Again, this is a survey field, and knowledge of statistical and econometric techniques, which Economics grads are more likely to possess, gives them an advantage.
Working as an Economist at a corporation
Many businesses seek economists from Top Finance Colleges in Delhi NCR to analyze macroeconomic landscapes, provide insights, and guide decision-making. Work for leading banks, e-commerce giants, or tech titans like Google. Develop expertise in statistical analysis and econometric techniques to excel in this dynamic field
Areas of Cooperation
Only some Economics graduates pursue a profession in the subject of fundamental economics. Many go into allied fields like economics and management, where they excel because of the solid analytical foundation provided by an economics education.
Management Advisory Services
Analytical problem-solving is at the heart of management consulting. When presented with issues they seem unable to address with the local resources at their disposal, companies from all industry sectors, including governments, turn to consultants for an objective, professional, and thoroughly studied perspective. As a result, a strategist regularly resolves issues in a wide range of industries by performing in-depth evaluations of clients’ organizations and the market nature of operations.
Finance
Many Students today go on to focus on Finance because the basic abilities necessary for finance are covered in undergraduate Economics courses. Financial services, corporate finance, banking services, and asset/money/capital management are all options in the financial services business. Alternatively, one could pursue a career in corporate finance, focusing on income streams, equity investments, and overall financial planning, to one day become the Chief Financial Officer.
Actuarial Science
Actuarial science is becoming increasingly popular among Economics experts. Actuaries are professionals specializing in evaluating uncertainty and risk and valuing and allocating for it. They are commonly employed in the insurance sector, as well as private pensions, investment companies, and actuarial consulting organizations. They have an excellent domain understanding of mathematics, analytics, and banking, complemented by economics.
Students at SRM University follow an integrated interdisciplinary curriculum and are examined and graded by the same institution. As a result, graduates of the Economics program have unrivaled numeric acumen, strong analytical ability, and sharp communication skills, making them ideal candidates for any of the aforementioned jobs.
