Economics
Economics is one of the significant branches of social science. In every kind of society some or other way economics takes place through transactions, barter system or if considering nowadays scenario then it is online and internet banking. Economic activities and reforms plays very important role towards a country’s growth and development. It is also true that economic activities form the foundation of national & international developments. There is not a single aspect in human life where economics does not come into picture.
Key to Success
To be an Economist you should have/ develop:
- A keen interest in finance & commerce
- Good research skills
- Sound numerical ability
- Able to understand or deliver information through data, words and figures
- Sound understanding in current affairs, social and political; both local and international
- Good logical thinking
Scope and Opportunities
- Economists provide specialized advice based on the application of economics theories and knowledge, with the help of study of data and statistics.
- With proper research an economist can predict future trends, suggest recommendations and provide specialized advice.
- As a graduate you can start working with government as well as private organizations at assistant level.
- As a post graduate there are job opportunities you can start working with government as well as private organizations at middle management level.
Lifestyle & Social Status
- Mostly jobs for economists are in-house jobs.
- Less travelling
- In government jobs, the posting can be anywhere in the country.
- Economist profile known as intellectual people.
- Well known economist people – Dr. Manmohan singh (Prime minister of INDIA)
– Dr. Amartya sen (Nobel Prize winner)
Job Profile
Job expected out of economists
- Analysis of monetary and price trends
- Study of financial markets local and international
- Research and compilation of statistical data
Overall prospects are very good across all sectors including NGOs and Teaching. There are very good opportunities with international organization such as World Bank/ UNESCO.
- The candidates with PhD have very best employment opportunities and career growth path.
Career Prospect
- Assistant professor
- Assistant professor of economic
- Professor of economic
- Economic instructor
- Lecturer
- Professor
Entrance Exam
Top Institutes have their own entrance exam for the course, there is no national level exam for Economics
Some of the Entrance exams for BA / B.Sc Economics
1. CU CET
2. SET – Symbiosis Entrance Test
3. NMIMS – NPAT
Success Stories