Career in Economics after 12th

Career in Economics after 12th

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Updated on Jun 25, 2024 16:17 IST

Economics field has a broad application. Due to the global relevance of Economics, there are more scope for employment in Economics. Candidates can refer the article to know about all the details related to Economics course and career paths. The career scope in Economics is high and candidates willing to make career in the field can get detailed about job opportunities in Economics right after class 12th.

Career in Economics after 12th

Career in Economics after 12th

Economics is a branch of social science that deals with the production, distribution, and consumption of goods and services. The subject deals with the behaviour and interactions of economic agents and their work methodology. Candidates interested in making a career in the Economics field can refer the article below to know about all the career scope details in Economics. The career scope in Economics is wide and candidates can get job opportunities in Economics after class 12th.

Economics Course Highlights

Economics field has a broad application. Due to the global relevance of Economics, there are more scope for employment in Economics. Candidates can refer the article to know about all the details related to Economics course and career paths.

Candidates can refer the table below to know about all the details related Economics courses, job positions, fees, colleges, and recruiters.

Particulars 

Details 

Course Name

Economics 

Course level 

Graduation, Postgraduation, Doctorate

Duration 

3 years, 2 years, 3 years

Top Entrance Exams

UGC NETPUBDET, CUET, etc.

Course Fee 

Up to INR 2 lakh 

Average Salary 

INR 3 to 6 lakh 

Top Recruiting Companies 

KPMG, The Economist, World Bank, IMF, CRISIL

Job Positions 

Analyst, Research Assistant, Assistant Professor, Post Graduate Teacher, Economist

Top Colleges

Gargi College,Aligarh Muslim UniversityChitkara University, Chandigarh etc.

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Economics Courses Eligibility

Candidates interested in pursuing Economics course need to check the eligibility criteria for the course below. Candidates who aspire to pursue Economics course after class 12th can opt for a bachelor course in Economics. There are a number of colleges offering bachelor degree in Economics such as Shri Ram College of Commerce (SRCC)Lady Shri Ram College for WomenChrist University, BangaloreSt. Xaviers Bangalore, Presidency College etc. Candidates are suggested to check the eligibility criteria for the Economics course below.

  • Aspirants, who have completed their class 12th with a minimum of 50 per cent marks in any stream from a recognised board can seek admission in a bachelor course.
  • Candidates interested in pursuing a master's course in Economics, should have a bachelor's degree in Economics with a minimum of 50 per cent marks from a recognised board or university.
  • In order to pursue a doctoral degree in Economics, candidate must have a master’s degree from a recognised board and should have qualified UGC-NET.

Career in Economics after class 12th

As mentioned above, the career scope of Economics is wide. There are ample number of job opportunities available for candidates with a degree in Economics. Candidates looking for job opportunities in Economics after class 12th can refer the space below to know about various job options available for such candidates.

Data Analyst

Candidates with an Economics background can be a Data Analyst. The role of a Data Analyst is to work like Data Assurance, Sales, Marketing, Business Intelligence, Finance and Data Quality. The work of a Data Analyst is to negotiate with the complex data by manipulating, analysing and interpreting it through dashboards and graphs.

Auditor

The role of an auditor is to engage in examining financial-oriented records to provide investors and market regulators with an assurance. The responsibility of an auditor is to provide assets to advisory, auditing and accounting firms.

Statistician

Statistician work is related to collecting, analysing, interpreting and presenting quantitative information. They work in different sectors such as transportation, health, sports, marketing, forensics, government, etc. The main responsibility of a Statistician is to manage surveys by dealing with the initial collection of the data and analysing data.

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Risk Manager

The role of a risk manager of the organization or company is to manage risks that can affect the reputations and interests of stakeholders. They can work in different fields such as technology, information and security, commodity, enterprise, environment, credit and operational.

Stockbroker

The role of a stockbroker is to act as a mediator between their investments and clients. They also monitor the stock market growth and downfalls. They also compile newsletters based on their understanding of the stock market.

Government Sectors for Economists

Candidates can also work as an Economists in various government departments such as follows:

  • RBI as an Economist.
  • Financial Information Firms
  • Econometrics Related Fields
  • Agricultural Companies
  • Indian Economic Services (IES)
  • NITI Aayog, National Sample Survey, etc.
  • PSU Banks, Foreign Banks, and Private Banks
  • Financial Risk Analyst Opportunities
  • Actuary

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