Career Ideas for an Economics Major

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AREA

EMPLOYERS

STRATEGIES

GOVERNMENT

  • Cost Analysis
  • Intelligence
  • Foreign Trade Analysis
  • Public Administration
  • Transportation Management
  • Urban Planning
  • Government departments involved in agriculture, business, finance, labor, transportation, urban economics, and international trade including: USDA, Department of Commerce, Bureau of Labor and Statistics, the United Nations, and the General Accounting Office

Become active in student government. Complete an internship in a government agency. Earn a graduate degree in economics, statistics, public administration, or related field for promotion and advancement. Become familiar with government hiring practices. Develop excellent computer, analytical, and quantitative skills.

ECONOMIC MARKET RESEARCH

  • Research Analysis
  • Consulting
  • Market research firms
  • Consumer goods manufacturing firms
  • Business firms
  • Consulting firms

Supplement curriculum with courses in business, political science, research design, survey design, statistics, and computer science. Earn a graduate degree to obtain advanced research and consulting positions. Obtain experience in business research. Become a student member in related professional associations. Get involved in student or community organizations to develop leadership skills.

BANKING & FINANCE

  • Credit Lending
  • Operations
  • Systems
  • Trusts
  • Securities: Sales, Research
  • Commercial banks
  • Regional banks
  • Savings and loan associations
  • National and regional brokerage firms
  • Discount brokerage houses

Develop a solid background in business including finance, marketing, and accounting. Gain experience through part-time, summer, or internship positions in financial service firms. Develop strong interpersonal and communication skills in order to work well with a diverse clientele. Become the financial officer or treasurer of a campus organization. Get involved with an investments club.
Earn an MBA for positions in investment banking.

INSURANCE

  • Underwriting
  • Sales
  • Operations
  • Claims
  • Insurance firms

Develop strong interpersonal and communication skills. Earn a business minor. Gain sales experience. Participate in campus organizations.

HEALTHCARE

  • Hospital Management
  • Healthcare Analysis
  • Private (LLC) corporations
  • US Department of Health
  • Hospitals
  • Health Maintenance
  • Organizations

Earn a master's degree in public health or hospital administration. Gain experience in healthcare through internships.

OTHER BUSINESS AREAS

  • Management
  • Buying and Purchasing
  • Human Resources
  • Hospitality
  • Sales
  • Department, grocery, drug, specialty, and variety store chains
  • Hotels, resorts, and tourism councils
  • Restaurants
  • Large corporations

Gain related business experience through internships or jobs. Demonstrate enthusiasm and flexibility. Secure leadership positions in campus organizations. Earn a business minor. Obtain sales experience.

TEACHING

 
  • Colleges and universities
  • Secondary public and private schools

Earn a Ph.D to teach in post-secondary institutions. Gain research experience by assisting a professor. Obtain certification for public school positions. Get experience working with young people. Develop strong public speaking skills.

General Information

Helpful Links

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Prepared by the Career Planning staff of Career Services at The University of Tennessee, Knoxville.
(2005) UTK is an EEO/AA/Title VI/Title IX/Section 504/ADA /ADEA Employer