How is B.A. Economics Honours a Gateway to Rewarding Careers?
Economics is constantly growing in popularity due to its wide range of applications in various areas, including statistics, GDP, banking, finance, development, etc. It has led to Economics Honours becoming one of the most popular degrees among students and requiring dedication for over three years. In fact, many BSc economics colleges in India have started to include more and more specializations in this field.
A B.A. in Economics Honours course introduces students to market, finance, banking, and money concepts, as well as our economy's workings. They cover topics such as demand, supply, production, history of India, national income, economy, inflows and outflows of capital, international economics, loan operations, inflation and deflation of currencies, GDP, and statistics.
Additionally, the extensive knowledge of subjects included in the BA Economics program prepares you for the analysis of demonetization, Make in India, the annual budget, the introduction of goods and services, and taxes. Furthermore, since Economics involves large numbers and data, statistics are deeply incorporated into the course, making you a highly sought-after professional in the corporate world.
What Are The Top 3 Career Options After a B.A. in Economics?
A degree in economics today will have you well-positioned for a lucrative and successful career. An Economics graduate can pursue a range of professions, from public policy and development to marketing and data science, due to the interdisciplinary nature of a B.A. Economics degree.
Students who want to pursue a career in Economics Honours but need to figure out what career options they have after graduating with B.A. Economics Honours course should consider the following:
Policymaking
Economics graduates specialize in understanding the economy as a whole, which is why many prospective researchers and policymakers choose to study Economics at the undergraduate and postgraduate levels. The field of policymaking can lead you to become a country's finance minister, a central banker, or any other technical role.
Economist in a Corporate Sector Firm
Globally, corporate firms hire economists to research the macroeconomic environment in which they operate. Due to this, economists play a vital role in helping private companies navigate business cycles and policy changes. Furthermore, an economist conducts extensive research using statistical and econometric tools and makes recommendations based on their findings. If you choose this career path, you might work for a bank, a large e-commerce company, or even a technology giant like Google.
Finance
B.A. Economics courses provide students with the basic skills they need to specialize in finance. As a result, graduates of this program may pursue careers in investment banking, private banking, corporate banking, and investment/wealth/asset management. Another possibility is to specialize in corporate finance, which may lead one to become a Chief Financial Officer.
In conclusion, an economic honours course is a highly respected and sought-after qualification demonstrating a solid foundation in economic theories and principles. It can make individuals with this degree competitive candidates for various career opportunities.
In addition to the career options mentioned above, individuals with an economic honours degree may also pursue advanced degrees in economics or related fields, such as business or public policy. It can open up even more career opportunities and allow individuals to specialize in a particular area of interest.
FAQs
Q: How Much Math Is Involved in BA (Hons.) Economics?
A: Mathematics plays a vital role in Economics and Statistics.
Q: What are the core subjects of the course?
A: The course consists of these three core subjects!
Macro Economics:
Generally, macroeconomics deals with the national and global economy as a whole. It is concerned with concepts such as the government budget, balance of payments, income, and employment.
Micro Economics:
A second major subject of the BA Economics program is Microeconomics, which deals with understanding economic concepts on an individual level, including price determination, demand and supply, and market types.
Statistics:
An integral part of the study of Economics is the study of statistics, as it prepares students for interpreting and implementing economic data effectively.
Comments
Post a Comment