Top Recruiters for MSc Economics Graduates in India

 Demand for economists in India is growing because organisations make decisions based on data-driven insights. Graduates can pursue some really interesting roles across a variety of industries with an MSc in Economics. Let's analyse the top recruiters for MSc Economics graduates and the appealing opportunities they provide.

Are Economists In Demand?

The increasing use of data and analysis to drive informed choices by organisations calls for more economists. Markets like technology and public policy actively look for professional economists. They work in markets and forecasting. Additionally, their demand is only increasing with Big Data.

Who Hires the Most Economists?

Economists are in demand from various sectors:

  • Government and Public Sector: The major job providers to economists would be the Reserve Bank of India and NITI Aayog. They employ graduates in their policy development and regulatory departments. Huge roles are also available in public sector banks and organisations like SEBI.

  • Academia and Research Institutes: The Indian Council for Research on International Economic Relations and the Institute of Economic Growth appoint MSc Economics students for advanced research and analysis.

  • Corporate Sector: The Indian business groups like Reliance value economists to plan strategically and forecast the market.

Who is the Largest Employer of Economists?

The RBI is one of the biggest employers of economists in India. It offers opportunities in monetary policy and macroeconomic research. Other notable employers include the IES. It offers positions in various government departments. There are also opportunities in consulting firms such as Deloitte and PwC.

What is the Highest Paid Job in Economics?

Some of the most rewarding jobs can be found in the following disciplines for economics graduates:

  • Data Analytics: Data scientists have high-paying jobs in technology and finance.

  • Investment Banking: Goldman Sachs and J.P. Morgan pay MSc economics graduates well.

  • Consulting: Global consulting majors offer great packages in economic strategy.

Which Company is the Best for Economics Graduate?

Here are some of the top companies for economics graduates to consider:

  • Consulting Firms: McKinsey and Bain offer excellent consulting opportunities.

  • Banks and Finance: ICICI Bank and Axis Bank are premium employers with diverse job roles.

  • Tech Firms: Google and fintech companies hire excellent economists for analytics-based jobs.

  • International Organisations: The World Bank and IMF provide high-impact jobs worldwide.

Present-day economics graduates can run policies, drive business growth, and influence world markets. All that graduates from MSc Economics colleges in India have to do is hone their skills and concentrate.

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