Career Opportunities for Majors in Economics


Introduction

Economics studies how individuals and groups choose among resources available to meet their needs. It explores how decisions are made regarding available resources, as well as analyzes problems that develop when making choices and policy issues that affect economic decisions. Areas of study include Micro and Macroeconomics, International Economics, Money and Banking, Labor Markets, Cost Benefit Analysis, and Economic History and Theory.

Economics graduates pursue careers in business, education, government, and the non-profit sector, and some pursue advanced degrees. Future career options may be determined not so much by the choice of the Economics major, but by your interests, skills, values, and types of work experiences acquired during college. Regardless of your career aspirations, increase your marketability to employers through internships, related work experience, good grades, advanced coursework, and involvement in campus activities. Many careers do not require a specific major, but rather a wide range of demonstrated skills, accomplishments, and related work experience while in school.

A Sample of Possible Occupations

Actuary Economist Management Accountant
Bank Examiner FBI/CIA Agent Market Research Analyst
Bank Research Analyst Financial Analyst Marketing/Sales Manager
Benefits Administrator Financial Planner Mortgage Loan Officer
Business Manager Financial Researcher Product Manager
Claims Examiner Health Policy Planner Project Coordinator
Collection Agent Human Resources Administrator Property Manager
Commodities Analyst Insurance Agent/Broker Public Administrator
Commodities Trader International Trade Specialist Purchasing Agent
Controller Investment Banking Analyst Real Estate Investor
Cost Analyst Investment Counselor Securities Broker
Credit Officer Job Analyst Statistician
Demographer Job Developer Systems Analyst
Economic Research Assistant Labor Relations Specialist Technical Writer
Lawyer Underwriter

Types of Employers
 
Private and Non-profit Organizations

Accounting Firms

Import/Export Firms

Banks

Insurance Companies 

Brokerage Firms

Investment Banks

Business Journals / Publishers

Labor Unions

Chambers of Commerce

Manufacturers

Collection Agencies 

Market Research Firms

Consulting Firms

Personnel Agencies 

Economic Development Council

Pharmaceutical Companies
Economic Research Foundations

Retailers

Educational Institutions

Telecommunications Firms
   
 
Government Agencies

Central Intelligence Agency

Farm Credit Administration

Commerce Department

Federal Deposit Insurance Corp

Commodity Futures Trading Comm.

Federal Reserve Bank 

Consumer Product Safety Commission

Federal Trade Commission 

Department of Agriculture

General Services Administration 

Department of Labor 

Internal Revenue Service

Department of Transportation

International Trade Commission

Department of the Treasury

Office of Personnel Management

Environmental Protection Agency

Securities and Exchange Commission

 
Rutgers Graduates
 
First Jobs of Recent Graduates
Account Executive, Sherwood Capitol Economic Research Assistant, Citicorp
Account Representative, Xerox Corporation Financial Consultant, Kwasha Lipton
Accountant, Johnson & Johnson Financial Planner, Lincoln Investment Planning
Assistant Auditor, Chemical Bank Global Corporate Finance Analyst, Deutsche Bank Securities, Inc.
Assistant Buyer, Hahne's Investment Counselor Assistant, Merrill Lynch
Audit Management Trainee, Bankers Trust Managed Care Analyst, J & J
Bank Examiner, Federal Reserve Bank of NY Market Research Analyst, Pulte
Branch Manager, Somerset Tire Service Mortgage Loan Officer, Sears Mortgage Corp.
Claims Trainee, Crum & Forster Operations Trainee, Thompson McKinnon Securities
Consulting Analyst, Accenture Project Coordinator, Sopp America, Inc.
Consumer Affairs Specialist, Nissan North America Sales Assistant, Marriott
Customer Service Rep., Merrill Lynch  Systems Programmer, Beneficial Data Processing
Database Technician, Dow Jones Technology Analyst, Merril Lynch
 
 
 
Jobs of Experienced Alumni
Auditing Officer, J.P. Morgan & Company News Writer, Dow Jones (MA Journalism)
Bank Service Manager, First Fidelity Pricing Officer, Chase Manhattan
Bankruptcy Attorney, Jenkins & Jenkins (JD) Product Manager, Bristol Myers Squibb (MS Economics)
College Bursar, Upsala College Product Manager, American Stock Exchange
Controller, Visiting Nurse & Health Services (MBA) Real Estate Appraiser, Ocean Federal Savings
Creative Director, Selling Edge Security Analyst, Fitch Invester Service
District Manager, Equitable Life Senior Account Officer, Citibank (MBA)
Equity Derivatives Marketer, J.P. Morgan Senior Investment Analyst, MetLife (MBA)
Financial Analyst, R.H. Macy & Co. Senior Programmer Analyst, GM
Human Resources Representative, J.P. Morgan Systems Engineer, NCR
Investment Research Associate, Prudential Bache Training Consultant, Merrill Lynch
Microprocessing Systems Analyst, J & J  Video Service Manager, Bell Atlantic (MBA)

Graduate Schools Attended
Boston University, JD, Law Rutgers University, MBA, Accounting
Duke University, JD, Law Rutgers University, MBA, Economics
George Washington University, MA, International Trade & Investment Policy UMDNJ, MD, Medicine
Penn State University, MD, Medicine University of California, PhD, Computer Science
Yale University, PhD, Economics


 


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See the Occupational Outlook Handbook for additional career information.


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Created by the Rutgers University, New Brunswick Career Services staff

 

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Updated 10/03/05

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