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chound
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What are the career options if I take economics or finance as my major. How much salary can I expect. Will it be atleast 6 digit.
chound said:I'm not into physics or anyother subject. But I'm interested in doing computers or MBA as minor
Ryker said:Hopefully, by now, OP is already on his way towards 6 digits and is not contemplating whether to major in Economics or not
gretun said:This thread is like 6 years old lol, I am sure he is very wealthly now
doodle_sack said:franznietzsche: while mathematics is considered to be the language of modern economics, we can never assume that "mathematicians make the best economists". Economics is an independent subject just like mathematics, but math being the universal language is indispensable from anything.
There are a wide range of career options in economics and finance, including roles in banking, investment analysis, financial planning, consulting, and government agencies. Other possible careers include working in the insurance industry, as an economist for a corporation, or in academia as a professor or researcher.
The average salary for careers in economics and finance varies depending on the specific job title, industry, and location. According to the Bureau of Labor Statistics, the median annual wage for financial analysts in May 2020 was $83,660, while the median annual wage for economists was $108,350. Other factors that can impact salary include education, experience, and additional certifications or credentials.
Salaries in economics and finance tend to be higher than the average for all occupations. This is due to the specialized knowledge and skills required for these roles, as well as the level of responsibility and potential for high earnings in the financial industry.
Yes, there are many opportunities for career advancement in economics and finance. With experience and additional education or certifications, individuals can move up to more senior positions with higher salaries and greater responsibilities. There are also opportunities to specialize in a particular area of economics or finance, which can lead to higher paying and more prestigious positions.
While salary is an important factor to consider, there are other factors to take into account when choosing a career in economics or finance. These may include job satisfaction, work-life balance, job security, and potential for growth and development. It is also important to consider your own interests, skills, and values to ensure a good fit with the job and company culture.