Economics has been stretching in popularity today because of its worldwide application. It is a discipline of social science that encompasses analysing the production, consumption, and distribution of products and services. In addition, it covers various topics concerning how global economies interact. As a result, economics degrees are universally recognised too!
One of the immensely regarded degrees in economics is B.A. Economics Honours. Bachelor of Arts in Economics is a fusion of Macroeconomics, Microeconomics and Statistics. B.A. Economics is a three-year undergraduate degree programme that deals with the key areas of qualitative and quantitative economic theories. The B.A. Economics subjects incorporate several focal points of economics, its problems, contemporary issues and techniques to tackle them effectively.
The B.A. Economics subjects are centred around analytics and theories leading to successful career opportunities for graduates in India and abroad. Therefore, the career avenues that unlock after B.A. Economics are exceptional. The economics grads acquire reputable positions in banking, finance, statistics, auditing, actuary, marketing, etc.
B.A. Honours in Economics involves a comprehensive study of economics’s micro, macro and statistical aspects, including definition, scope, limitations, utility, concepts, production, market, and other fundamental elements of economics. In addition, it involves scrutinising and examining the various aspects that contribute to running an economy—the career after B.A. Economics Honours is outstanding as it opens up enormous career opportunities for the course graduates such as Sales Analyst, Economics Researcher, Economist, Investment Analyst, Customer Profit Analyst, Investment Administrator, etc.
Now, let’s shed some light on the scope and career opportunities after economics programmes.
Career after B.A. Economics
The career after B.A. Economics is vast and overreaching. An economics degree can uplift your employability possibilities in a broad spectrum of industries. Below are some possible career alternatives that open up after pursuing an economics degree from a renowned college or university.
Actuarial Analyst: An actuarial analyst is the one who is responsible for utilising statistical models to analyse data and calculate costs regarding the occasions like product failure or property destruction.
Data Analyst: A data analyst’s responsibility is to interpret numerical data in simple English. A data analyst uses a substantial volume of data to churn out valuable data to assist the organisation in making efficient decisions.
Economists: Economists are responsible for researching and analysing economic issues using mathematical models and statistical methods.
Financial Risk Analyst: Financial risk analysts are responsible for identifying and analysing potential financial risks that might put the functioning of an organisation at risk.
Statistician: A statistician’s role is similar to that of a data analyst. They are responsible for designing data acquisition trials by analysing and assessing data.
Data Scientist: A data scientist works to develop a range of machine-learning tools within an organisation to perform statistical analysis and enable the creation of recommendation engines and automated lead scoring systems.
Business Development Manager: A BD Manager is responsible for communicating product developments to potential clients and overseeing the progression of marketing strategies and their implementation.
Moreover, today, economists have been changing the way the world functions. They are among those who are adding a standard and quality into the economy’s dynamics. Therefore, a massive range of industries now acknowledges economists’ potential for the expansions and development of their businesses.
Presently, less than 0.2 per cent of economists in India are working for 1.2 billion+ of its population. Therefore, there will be a soaring demand for economic graduates for the next two decades.
However, to be at the crest of your game as a B.A. economics graduate, you should obtain a degree from a leading institution in India.