{"id":78196,"date":"2024-11-25T09:46:49","date_gmt":"2024-11-25T09:46:49","guid":{"rendered":"https:\/\/www.krmangalam.edu.in\/?p=78196"},"modified":"2026-03-17T07:23:08","modified_gmt":"2026-03-17T07:23:08","slug":"careers-in-economics","status":"publish","type":"post","link":"https:\/\/wp.krmangalam.edu.in\/blog\/careers-in-economics\/","title":{"rendered":"Explore Career Opportunities with a Degree in Economics"},"content":{"rendered":"

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 <\/span>career opportunities in economics field. A degree in economics not only broadens students\u2019 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.<\/span>\u00a0<\/span><\/p>\n

Careers in Economics: Job Opportunities for Economics Graduates<\/span>\u00a0<\/span><\/h2>\n

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 <\/span>job opportunities for economics graduates:<\/span>\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Job Roles\u00a0<\/span><\/b>\u00a0<\/span><\/p>\n<\/td>\n

\n

Average Annual Salary (In Rs)\u00a0\u00a0<\/span><\/b>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Economist<\/span>\u00a0<\/span><\/p>\n<\/td>\n

11 lakh<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
\n

Actuary<\/span>\u00a0<\/span><\/p>\n<\/td>\n

12 lakh<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Credit Analyst<\/span>\u00a0<\/span><\/td>\n\n

9 lakh<\/span>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

Financial Analyst<\/span>\u00a0<\/span><\/p>\n<\/td>\n

6 lakh<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
\n

Management Consultant<\/span>\u00a0<\/span><\/p>\n<\/td>\n

18 lakh<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
\n

Market Research Analyst<\/span>\u00a0<\/span><\/p>\n<\/td>\n

5 lakh<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
Financial Manager<\/span>\u00a0<\/span><\/td>\n\n

14 lakh<\/span>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

Business Analyst\u00a0<\/span>\u00a0<\/span><\/td>\n\n

8 lakh<\/span>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

Data Scientist<\/span>\u00a0<\/span><\/td>\n\n

11 lakh<\/span>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

Investment Analyst<\/span>\u00a0<\/span><\/td>\n\n

11 lakh<\/span>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Note:<\/span><\/i><\/b> The salaries mentioned above are entry-level salaries sourced from various sources on the internet. Hence, they can vary. <\/span><\/i>Salaries may increase with experience, market demand, companies\u2019 reputation, and location of the organisations.<\/span>\u00a0<\/span><\/p>\n

Economics Programmes Offered by K.R. Mangalam University<\/span>\u00a0<\/span><\/h2>\n

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.\u00a0<\/span>\u00a0<\/span><\/p>\n

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:\u00a0<\/span>\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n
\n

Programmes<\/span><\/b>\u00a0<\/span><\/p>\n<\/td>\n

Duration<\/span><\/b>\u00a0<\/span><\/td>\n\n

Eligibility Criteria<\/span><\/b>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

B.A. (Hons.) Economics<\/span><\/a>\u00a0<\/span><\/p>\n<\/td>\n

3 Years<\/span>\u00a0<\/span><\/td>\n\n

Passed 10+2 or equivalent examination from any recognised board\/university in any stream with minimum 50% aggregate marks.<\/span>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

B.A. (Hons. \/ Hons. with Research) Economics<\/span><\/a>\u00a0<\/span><\/p>\n<\/td>\n

4 Years<\/span>\u00a0<\/span><\/td>\nPassed 10+2 or equivalent examination from any recognised board\/university in any stream with minimum 50% aggregate marks.<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
M.A. Economics<\/span><\/a>\u00a0<\/span><\/td>\n2 Years<\/span>\u00a0<\/span><\/td>\n\n

Candidates must have a bachelor’s degree in the respective subject or relevant discipline from a recognised university with a minimum aggregate score of 50%.<\/span>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

Ph.D. in Economics<\/span><\/a>\u00a0<\/span><\/td>\n3 Years\u00a0<\/span>\u00a0<\/span><\/td>\n\n

The candidate should have a postgraduate degree or its equivalent from a recognised University, in a respective discipline, with a minimum of 55% marks or a minimum CGPA of 5.5 on a 10-point scale.\u00a0<\/span>\u00a0<\/span><\/p>\n

They are required to supply a brief statement of research interests (maximum 1 page) Research experience like project work or internships at the undergraduate or master\u2019s level should be highlighted.\u00a0<\/span>\u00a0<\/span><\/p>\n

Note:<\/span><\/i><\/b> Candidates who have qualified for the CSIR-NET or GATE examination will be preferred.<\/span><\/i>\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Here\u2019s why you should study economics at K.R. Mangalam University:<\/span>\u00a0<\/span><\/h3>\n

Industry-Aligned Curriculum\u00a0<\/span>\u00a0<\/span><\/h4>\n

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\u2019s time.\u00a0<\/span>\u00a0<\/span><\/p>\n

Accreditations and Achievements<\/span>\u00a0<\/span><\/h4>\n

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\u2019 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.<\/span>\u00a0<\/span><\/p>\n

State-of-the-Art Facilities<\/span>\u00a0<\/span><\/h4>\n

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.\u00a0\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

Experienced Faculty\u00a0<\/span>\u00a0<\/span><\/h4>\n

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.\u00a0<\/span>\u00a0<\/span><\/p>\n

Strong Tie-Ups with Leading Industries\u00a0\u00a0<\/span>\u00a0<\/span><\/h4>\n

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.\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

Admission Process<\/span>\u00a0<\/span><\/h4>\n

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\u2019re 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.\u00a0<\/span>\u00a0<\/span><\/p>\n

Also, students are required to take the KRMU\u2019s 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:<\/span>\u00a0<\/span><\/p>\n