Scope after B. Sc. Economics - Boost Your Employability in One of the Most Intriguing Domains

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Blog / September 08, 2024



There are diverse course options for commerce students, and one of the most in-demand and promising courses is the B. Sc. in Economics. With the nation's rapidly expanding economy, the demand for skilled and knowledgeable economics experts is accelerating. The students who pursue a career in Economics help the nation and can also create a successful career after B. Sc. in Economics. After completing your B. Sc. in Economics, you can have broad career options.

B. Sc. Economics is a three-year undergraduate degree program. During these three years, of course, the students learn several aspects of economics through various subjects. The topics taught in the course are related to the GDP of the nation, the demand-supply chain, the effects of inflation and deflation, how government policies assist developing nations, and the effect of foreign trade on nations etc.

Will B. Sc. Economics lead to a good career?

The scope after B. Sc. Economics varies from Auditor to Accountant and from Financial Manager to Economist; and all of the career options are quite in demand and lucrative. Therefore, making a career after B. Sc. Economics is quite easy for its aspirants.

Here are the best job prospects for a B. Sc. Economics graduate: 

  • Auditor
    Becoming an auditor is an excellent career choice after completing your B. Sc. in economics. It is a career with various interesting challenges and quite an in-demand career choice.
  • Actuarial Analyst
    The role of the actuarial analyst is compelling in the finance sector, that’s why there is an extreme demand for actuarial analyst personnel. If you choose this as a career after B. Sc. Economics, then you can make a remunerative career in the finance sector. However, you should be good at managing risks and have a keen interest in numbers, data, and maths to excel in this job.
  • Financial Risk Analyst
    Being a Financial Risk Analyst, you will work for insurance or trading organizations or the public sector. You might even work in fields that need hedge fund analysis and can have a great career after B. Sc. Economics.
  • Financial Manager
    Financial Manager is a job that is quite high in demand as every organization needs a professional who can manage their finances properly.

What is the best educational course after B. Sc. Economics?

Some of the most pursued higher education courses after B. Sc. Economics are mentioned below:

  • M. Sc. (Hons) in Economics
  • M. Sc. in Financial Economics and Administration
  • M. Sc. in Economics
  • M. A. in Rural Economics
  • M. A. in Quantitative Economics
  • M. A. in Economics
  • M. A. in Economics & Rural Development
  • MBA in Managerial Economics
  • MBA in Macroeconomic Theory and Policy
  • M. Phil. in Rural Economics
  • M. Phil. in Home Economics
  • M. Phil. in Economics
  • Ph. D. in Rural Economics and 
  • Ph. D. in Economics

What is the salary of B. Sc. Economics graduates?

The B. Sc. Economics graduate’s salary in India depends upon the skills and performance along with experience of the aspirants. Mentioned below are some salary packages for the B. Sc. Economics grads:

  • Accountant - INR 5 LPA
  • Banker - INR 7 LPA
  • Audit Officer - INR 12 LPA
  • Finance Consultant - INR 10 LPA
  • Professor - INR 6 LPA

Develop Skills to Land in a Wide-ranging Job Domain with Shiv Nadar IoE

The undergraduate program in B. Sc. (Research) in Economics imparted by Shiv Nadar Institution of Eminence (Deemed to be a University) attempts to develop an extensive understanding of the fundamental concepts in Economics. The program at Shiv Nadar IoE aims to produce professionals who are ready for opportunities, be it in the corporate, public, or non-governmental/social sector or with a desire to opt for higher studies.

The B. Sc. (Research) in Economics program at Shiv Nadar IoE covers core courses in Microeconomics, Macroeconomics, and Econometrics in addition to foundation programs in Statistics and Mathematics.

Moreover, in their final year of B. Sc. (Research) in Economics, students work with faculty members on their undergraduate thesis. Each student is assigned to a faculty adviser to impart academic advice throughout the program.

B. Sc. Economics - Possess a Strong Demand Across the Global Markets

Economics is one of the evergreen topics because of its high utility and immense demand in the job markets. It is also a vital discipline both for a career as well as a job point of view. Additionally, the career scope after B. Sc. Economics is expanding due to globalization and its after effects. A well-skilled economist has a high demand not only in India but also across the global financial market.

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