A degree in economics has various career paths as students graduate with skills in high demand across numerous industries. The below career paths just represent some of the many areas our economics students have continued into after graduation. Click on the career titles below for an overview of the field, companies, and other information. Graduates are not limited to these areas, and some careers require additional skills or knowledge.
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations.
Banking and Financial Services careers include a variety of banking and money management services such as saving, investing and retirement plans. They typically work in commercial banks, mortgage companies, savings and loan establishments and credit unions.
The outcome of business operations is the harvesting of value from assets owned by a business, which may be either physical or intangible. A physical asset could be a building where rent is the outcome. An intangible asset could be an idea, resulting in royalty. The effort involved in "harvesting" this value is what constitutes business operations cycles.
Provide instruction and development for students of all ages at a variety of institutions with the goal of creating a more educated society. May be subject specific or cover a variety of areas.
Positions may be at the federal, state, and city level, in a variety of sectors of public service.
Insurance companies have two principal functions: underwriting and investment.
Underwriting involves the measurement and calculation of risk. The premiums charged by an insurer reflect this risk. They're appropriate and commensurate with the degree of likelihood that the insurance company will have to pay a claim if it writes a given policy.
The investment function is equally important. A well-run insurance company will have, at least in the long run, a surplus of income from premiums over actual payouts of claims. This surplus must be properly and equitably invested, so insurance companies have substantial staffs dedicated to earning good returns on this money.
Information technology operations, or IT operations, are the set of all processes and services that are both provisioned by an IT staff to their internal or external clients and used by themselves, to run themselves as a business.
IT operations management is the process of managing the provisioning, capacity, performance, and availability of an organization’s IT infrastructure including on-premises data centers, private cloud deployments, and public cloud resources.