Economics studies how people and societies produce, distribute, and consume goods and services, and allocate resources and wealth. This leads to the high demand for skilled professionals in both the government and private sectors. Graduates with a degree in economics have diverse career opportunities in economics field. A degree in economics not only broadens students’ learning horizons but also prepares them with transferable skills valued by several big industries across the world. In this detailed guide, we will help you understand everything about careers in economics and a list of multiple job opportunities that economics graduates can look forward to. 

Careers in Economics: Job Opportunities for Economics Graduates 

With an advanced degree in economics, students have diverse career opportunities to choose in the field of economics. Students who study economics at a reputable university like K.R. Mangalam University develop crucial skills valued by leading recruiters across the globe. If you are wondering about the best career opportunities in economics, explore the table below, which shows various high-paying job opportunities for economics graduates: 

Note: The salaries mentioned above are entry-level salaries sourced from various sources on the internet. Hence, they can vary. Salaries may increase with experience, market demand, companies’ reputation, and location of the organisations. 

Economics Programmes Offered by K.R. Mangalam University 

K.R. Mangalam University (KRMU) stands as one of the top private universities with over 13 years of educational experience. With strong industry collaborations and accreditations, the university enables students to bridge the gap between academic learning and real-world practices. While other colleges focus on imparting only theoretical knowledge, K.R. Mangalam University lives up to its commitment to providing holistic development to students through rigorous practical training, guest lectures, workshops, extension activities, industrial visits, group presentations, and much more. Not only this, but students are also encouraged to participate in career counselling sessions for the future.  

At K.R. Mangalam University, students can choose a wide range of undergraduate, postgraduate, doctoral, and diploma programmes in various disciplines. Below is a list of economics programmes offered by KRMU with their eligibility criteria:  

Here’s why you should study economics at K.R. Mangalam University: 

Industry-Aligned Curriculum  

K.R. Mangalam University offers future-oriented education to aspiring students for absolute excellence. Students are encouraged to engage in extensive industry internships, guest lectures, research opportunities, live projects, etc., making them highly competitive in today’s time.  

Accreditations and Achievements 

K.R. Mangalam University has achieved several awards in various disciplines and is accredited by diverse educational bodies to ensure students receive a high-quality education. KRMU believes in imparting in-depth knowledge to cater to students’ holistic development. The university has a strong alumni network and an exceptional record of student placements. Every year, many graduates get placed in top firms with lucrative pay scales. 

State-of-the-Art Facilities 

Students have access to high-end facilities, including advanced laboratories, iOS labs, a huge library, smart classrooms, the K.R. Mangalam Entrepreneurship and Incubation Centre, a Design Thinking lab, and many more. These facilities help students to learn in a conducive learning environment.    

Experienced Faculty  

Faculty members at K.R. Mangalam University are extremely dedicated to imparting valuable insights and core concepts of economics. Students consistently learn from acclaimed professionals and gain in-depth knowledge of their field of study.  

Strong Tie-Ups with Leading Industries   

KRMU has strong global connections with leading businesses to enhance the placement prospects of graduates. With the dedicated placement cell at the campus, students receive comprehensive guidance from big industry professionals and gain essential skills necessary for careers. The university conducts regular guest lectures, events, workshops, and industry interactions, helping students to stay updated with current industry trends.   

Admission Process 

Generally, the admissions process varies across colleges and universities. It may start with filling out the application forms available in both online and offline mode, depending on where you’re applying, as every institution has its own requirements. At K.R. Mangalam University, you can find the application form on the official website of the university.  

Also, students are required to take the KRMU’s entrance exam and attend interviews and group discussions as a part of the admissions process after successful completion and submission of the application form. Make sure you have all the required documents to get admission. To get admission at K.R. Mangalam University, you need to follow the following six easy steps: 

• Visit the link  admissions.krmangalam.edu.in

• Fill out the application form and pay the required form fee 

• Take the entrance exam (KREE) 

• Attend the faculty-led interview  

• After a successful interview, you’ll receive the admission offer letter on your registered mail ID 

• Get enrolled   

Conclusion 

Careers in economics are wide and excellent, providing students with a variety of skills and knowledge. Graduates learn how to communicate effectively with others in the same field of study. Studying at K.R. Mangalam University, students not only deepen their knowledge but also explore some of the best job opportunities through campus recruitment sessions and interacting with leading industry professions.  

Frequently Asked Questions  

What are the high-paying job opportunities for economics graduates?

Some of the high-paying career opportunities in economics for graduates are Economist, Financial Analyst, Actuary, Market Research Analyst, Policy Analyst, Management Consultant, and Data Analyst.  

What is the entry-level salary of economics graduates in India?

The entry-level salary of economics graduates in India is between Rs. 4 and Rs. 6 LPA.  

Who should pursue economics?

Economics is a great option for those students who are good communicators and want to learn everything about people, government, the current market, and how the economy works.  

What are the benefits of studying economics?

Students who study economics get several benefits after graduation, such as understanding a global perspective, developing skills, high salaries, effective communication skills, etc., making you better prepared for the future. They not only learn core concepts of economics but also gain some crucial skills necessary to become skilled professionals.  

Is economics a good career option?

Yes, it is a great career option for students who want to advance their career prospects, learn transferable skills, gain in-depth insights into economics, and want to work as a lead role in big industries.  

Also Read: MA Economics career options: Jobs opportunities and Salary