Jobs You Can Get With an Applied Economics Degree

Choosing a job is a difficult choice that everyone will have to make at some stage in their life. Some make the choice by choosing a job and working their way towards it. Others go by a route that leads to the job. Whether it be college, apprenticeships, or freelance work, there are plenty of different ways you can work towards a job.

One college course that has become very popular is applied economics. If you’re someone who particularly likes analytics, it could be a great choice for you. Not only is the course itself very engaging and interesting, it will also lead you to plenty of job choices in the future. If applied economics is a degree that interests you, or even if some of the listed jobs below are appealing to you, an online degree in the subject is available here https://appliedeconomics.bc.edu

Market Research Analyst

A role as market research analyst is an extremely exciting one. You’ll need to look at products and services and judge how they might perform depending on economic situations. You’ll then have to study and analyze the data, showing the results to potential clients. You’ll require both presentational skills as well as writing and statistical ones. This is an extremely sought after job and doesn’t tend to have much unemployment.

Economic Consultant

An economic consultant uses their research skills to help determine economic situations. The goal of their work is to help companies improve their performance and results. They usually work in industries that have big financial responsibilities. They include the likes of healthcare, governments, education, and finance. An economic consultant may also be used as a witness in legal cases. They will help to assess any economic damages or address regulatory violations.

Actuary

An actuary is an extremely important job to many companies. They use their statistical skills to help understand potential risks. Not only are these risks related to the success of a business, but their skills may also be called into action to help prevent illnesses and accidents in the workplace. They tend to work closely with the insurance side of a business, which is part of what makes them such a valuable asset to a company. The role of an actuary is one that is very much on the rise. The job has a predicted growth rate of about 18% over the next 10 years or so.

Credit Analyst

A credit analyst is responsible for assessing the risk of loaning funds to a person or business. They have to take in various considerations when dealing with the consumer looking for the loan. These elements include the region, competitors of the client, and the industry that they are in. With this information, they then decide on the interest rates for the client’s loan. A credit analyst has an extremely important job for banks and other financial sectors. This is a major reason that many top credit analysts earn about $150,000 per year.