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ECONOMICS GRADUATES AND CAREERS

ECONOMICS GRADUATES AND CAREERS. Jenny Keaveney Careers and Employability Service. AFTER YOU GRADUATE - WHERE NEXT??. POSTGRADUATE STUDY?. NO IDEA?. GRADUATE JOB?. WHAT SORT OF JOB?. TIME OUT?. TEMPORARY JOB?. Some of the options available.

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ECONOMICS GRADUATES AND CAREERS

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  1. ECONOMICS GRADUATES AND CAREERS Jenny Keaveney Careers and Employability Service

  2. AFTER YOU GRADUATE - WHERE NEXT?? POSTGRADUATE STUDY? NO IDEA? GRADUATE JOB? WHAT SORT OF JOB? TIME OUT? TEMPORARY JOB?

  3. Some of the options available

  4. Some of the jobs obtained by 2011 Economics graduates from Kent University • Trainee Chartered Accountant • Tax Adviser • Business & Communication Analyst (Apple) • Pensions Administrator – Consulting firm • Investment Support Associate • Insurance Broker – Terrorism & Political Violence (Willis) • Trainee Merchandiser - Retail • Petroleum Economist

  5. What can Economics graduates bring to these jobs? Apart from an understanding of the forces underlying political, social and financial issues and events, studying Economics also helps you to develop skills such as: • Communication • Numeracy • Problem-solving • Analytical skills

  6. But I want to be an economist! • Government Economic Service • Bank of England • Other public sector bodies • Consultancies • Banks • NGOs NB - all but the first two will usually require or prefer candidates to have a Masters degree

  7. Improving your job prospects • A good degree! • Work experience • Volunteering/ Extra-curricular activities and possibly • Further study

  8. Some employers recruiting graduates in economics • IFS – deadline 25 January www.ifs.org.uk/aboutIFS/jobs • Civil Service Economist Fast Stream www.civilservice.gov.uk/networks/ges - first deadline 15 October • Bank of England – deadline 12 Novemberwww.bankofenglandgraduates.co.uk • Mercer www.mercer.com/ukgrads • Accountancy firms, banks, other financial employers

  9. Some more employers recruiting graduates in economics Vacancies notified to CES during 2011 - 2012

  10. Postgraduate study • What is postgraduate study? • Further study in Economics - general or specialist • Studying a new subject • Vocational courses • Conversion courses

  11. Will employers value it? • RBB Economics: • “Entry level candidates should have excellent academic credentials, generally to postgraduate level, in economics …. We are looking for consultants with a range of quantitative and analytical skills, and an ability to communicate complex economic concepts in a clear concise style” • Government Economic Service • Some departments pay more to reflect postgraduate entrance qualifications

  12. Will employers pay for it?? • Bank of England • For graduates joining our Analyst Career Training Programme, there is a longer-term possibility of sponsored study - ranging from summer school at the London School of Economics to postgraduate study.  Your eligibility for sponsored study will be assessed once you have been with the Bank for at least a year, and will be based upon your performance record and suitability for such study • Government Economic Service • “My MSc in Economics was fully sponsored by the GES, including full pay throughout the entire study period. The GES believes it is vitally important for its economic advisers to have Masters degrees”

  13. What might you do after your degree? Begin by thinking about yourself (your interests, preferences etc – what you want from your career and what you have to offer)  Then do some research into opportunities that will fit with your criteria. Resources to help you do this include PROSPECTS PLANNERwww.prospects.ac.uk/links/Pplanner and  Attend talks/workshops/presentations etc  Talk to a careers adviser - www.kent.ac.uk/ces/advice.html Be aware of employers or postgraduate study options with early closing dates

  14. Some useful resources: on the Web • Kent Uni Careers Website:www.kent.ac.uk/careers/ Includes: • What can I do with my Economics Degree? www.kent.ac.uk/careers/economics.htm • I want to work in … (c100 career areas) www.kent.ac.uk/careers/workin.htm • Prospects website www.prospects.ac.uk • Includes: • Options with an Economics degree www.prospects.ac.uk/links/EconomDeg • Occupational profiles for 600 career areaswww.prospects.ac.uk/links/Occupations • Postgraduate Study information and database www.prospects.ac.uk/links/PGStudy

  15. Where to look for graduate jobswww.kent.ac.uk/careers/graddirectories.htm • www.prospects.ac.uk • www.targetjobs.co.uk • www.top100graduateemployers.com • www.thejobcrowd.com • www.gradjobs.co.uk • www.graduate-jobs.com • www.milkround.com

  16. Other useful resources: the Careers and Employability Service Where to find us Opening Hours: 9-5, Mon - Fri

  17. What we offer … • careers guidance • job vacancy database • careers library • careers website www.kent.ac.uk/ces • quick queries • careers interviews • computer-aided guidance

  18. CAREERS & EMPLOYABILITY FAIR • Thursday 1st November • 2.00 – 5.00 pm • Eliot Great Hall • Employers include: • Bank of England • PwC • Reeves • Willis • www.kent.ac.uk/careers/fair.htm

  19. Careers for Economics graduates Jenny Keaveney Careers and Employability Service www.kent.ac.uk/ces

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