Why Study BA in Economics - Benefits and Career Paths

1. Why Study BA in Economics: Benefits and Career Paths? An economics degree is a branch of social science that involves examining the production, distribution, and consumption of services and products available in the market. It is becoming an increasingly popular choice among students and is a universally recognised qualification! Growing in popularity these days, economics as a subject extends from rural studies, statistics, and GDP to banking, finance, and development. As a result, the subject is rich in information, theories, and analytics. BA Economics is a UG degree aimed at helping you develop a wide range of skills or knowledge to prepare you for the business world. Economics graduates have a high employability rate, proving that you will learn various skills to add value to your CV. Following the BA Honours Economics syllabus that you will study during your economics degree, you will develop a range of skills, including:  Detailed understanding of economic concepts and principles;  Theoretical knowledge of economics, modelling approaches as well, and their applications;  Proficiency in quantitative techniques and computing techniques and how to implement them to solve a wide range of issues;  Ability to decipher economic data and proper methods to analyse the interpretation of data. Why should you study BA degree in Economics? Economics course is becoming an increasingly famous line of study for undergraduates. Therefore, some benefits are given below of a BA in Honours Economics: Versatile career opportunities: An economics degree allows you to pursue jobs in various industries and dimensions. Economists often have the chance to work in business, government sectors, academics, and private sectors. Strong foundational knowledge or skills: Owing to the versatility and broad range of areas an economics course covers, it can prove to be the foundation for many highly-reputed job options. BA Economics Syllabus helps you understand finance, resource management, and markets. Challenges: The subject of economics will need you to pursue thought-provoking activities in your coursework and push you to employ critical thinking skills. During the program, you will face many challenges that will enhance your understanding or learning of world economics and how it affects many global aspects of the business. What can you do with a BA in Economics degree?

2. An economics degree can boost your employability chances in various industries. One of the best motivations for seeking a degree can know what your future job opportunities will look like, so here is a list of economics degree jobs you can follow: Actuarial Analyst: As an economics student, you can opt for an actuarial analyst position in the insurance sector. Their role or responsibility is to use statistical models to analyse data and calculate costs related to property damage or product failure. Essentially, they also use their understanding of economics and analytical skills to create insurance policies. Data Analyst: The data analyst's job is to translate numerical data into simple English. Companies collect a large volume of data, and data analysts use it to help organisations make efficient decisions that will help the company. Economist: The economic responsibility is to research and analyse economic issues using statistical methods and mathematical models. Financial Risk Analyst: They require them to analyse and identify potential financial risks that might threaten the functioning of an organisation. Forensic Accountants: They are responsible for examining financial records and accounts that can be used as evidence later. They are certified public accountants, which tends to be an in- demand role. Statistician: The job role of a statistician is similar to that of a data analyst. Their typical responsibilities are to design data acquisition trials by analysing data and assessing trends. In addition, they help companies decipher quantitative data. Investment Analyst: Investment analysts provide financial information and advice to stockbrokers, fund managers, and stock market traders. Data Scientist: They typically work to develop various machine-learning-based tools within a company to perform statistical analysis and help create recommendation engines and automated lead scoring systems. Quantity Surveyor: A quantity surveyor's role and responsibility are to manage construction projects' contractual, budgeting, and financial aspects. Business Development Manager: They include communicating product developments to potential clients and overseeing the progress of marketing strategies and their implementation. In addition, they also expected to follow up on new business opportunities. It has become a firmly believed notion that economists tend to be the game-changers in many industries. However, the industry constantly evolves, generating more job opportunities and better work dynamics for future economists. Today, learners can also pursue an online economics degree to enter the industry. Economics students learn to think creatively and deeply about some of the most important financial concerns facing today. You know to apply a mixture of theoretical perspectives to

3. issues of efficiency, globalism, social justice, wealth and poverty, individual freedom, economic growth, and environmental concerns. If you hold a knack for numbers and are passionate about how the economy works, this is the career path. So, hurry and enrol for the program now!