Career Opportunities In The Field Of Economics

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Career in commerce has come up as a great field for the students to give their career the right and the bright shape. A significant number of career options are attached with the commerce field, due to which a commerce students gets abundance of opportunities to build his career. It is said, that students with average intelligence, opt for commerce fields, but now the time have changed. Today, the careers in the field of commerce are equally challenging and students have to go through very tough competition to reserve a seat for themselves in the respective field. Out of many fields in commerce, economics is a subject, which provides vast number of prospects for a student to explore and opt as his career. The students are always made to choose the best of the careers, which would help them pave the best path for success. Economics is the field of social science which focuses on the creation, distribution, and utilization of products and services. The field of economics covers all the areas, which are essential for the financial development of the country. The management of the finances and keeping a record of the bank statements of the company, all are the responsibilities of the people employed in the field of economics.

Economics in taught in India, at graduate as well as post graduate level. There are many colleges in India, which provide degree courses to students in the field of economics. Economic professionals are required for the proper grooming of the country and therefore students are trained with respect to the required skills. Students with commerce in senior secondary classes, find it comparatively easy to study economics as a specialised subject in the graduation or post graduation degrees. Also, students should also have fairly good aptitude in mathematics as well. Admission in the economics courses are mostly given on the basis of the merits achieved by the students in their senior secondary classes. Economics honours is also one of the most preferred degrees by students at the under graduate level. Following is the list of few of the top most colleges in India, providing courses in Economics.

Lady Shri Ram College for Women (LSRC), New Delhi
H.R College of Commerce & Economics, Mumbai
Sri Guru Gobind Singh College of Commerce, New Delhi
Tolani Maritime Institute (TMI), Pune
Lala Lajpat Rai College of Commerce & Economics (LLCC) , Mumbai
Loyola College, Chennai
Genteel School of Business & Economics, Pune
IIT Kharagpur:- Department of Humanities and Social Sciences, Kharagpur
Delhi College of Arts & Commerce, New Delhi
Indian School of Business and Finance (ISBF), New Delhi

As mentioned above, there are government as well as private colleges in India, which educates the students and make them professionals in the field of economics. For courses at masters level, the colleges of India provide courses like M.Sc. in Economics, PhD in Economics and MA in Economics. Maximum number of economics colleges in India, can be found in the regions of Maharashtra and New Delhi. The career scope for the students with degrees in economics is manifold. Few of the jobs in the field of economics, are:

Teachers/ lecturers or professors of economics
Research economists
Industrial economists
International economists
Jobs in banking and finance
Business Economists
Financial economists
Agricultural economists
Jobs in business newspapers and magazines
Jobs in companies which are into market research
Jobs in Labour departments
Jobs in investment firms

All these job opportunities are growing in India, with the development in different industries. The students aiming to pursue career in economics should have good analytical and logical approach, have the ability to play with numbers and must possess excellent communication skills.
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