Economics is one of those areas of business where students learn economic principles and problem solving.
Because these skills and issues are so pertinent to virtually every facet of life, this general degree opens many doors to those who acquire it. Where is one to begin? Hopefully the testimony of students and professionals below will serve as a guideline.
Related jobs: economist, economic researcher, economic/market research/sales/investment/business analyst, financial service manager, cost estimator, strategic planner, economic forecaster, insurance agent, securities broker, economic consultant
Related fields: analysis/forecasting firms, economic research institutions, banks/credit unions, management consulting firms, trust/insurance companies, government departments, international trade companies
For more suggestions, see the University of Manitoba website.
Student completing B.A.University of Waterloo: Bachelor of Arts (Hon.), Arts and Business, Joint French and Economics
I chose my program because it allows me to mix courses in two completely different fields. I graduated from a French high school and wanted to continue strengthening that asset while also specializing in business and economics.
I would like to work as an economist for the federal government and thanks to the combination of French and economics, that road has been paved. All I have to do is walk it by completing my masters in economics.
Working as an economist for the federal government is related to my field as it takes a combination of those two assets to really make it through. Also, because I take general business courses, I have many other fall back options if things don’t work out, such as working as an operations manager, or a career in sales, marketing and finance.
Vincent A. Hildebrand
Associate Professor, Glendon College, York University
Université Paris IX Dauphine, Maîtrise in Banking and Monetary Economics
Master of Arts in Economics, York University
PhD in Economics, York University
My original plan was to become an economist for an international organization such as the OECD, the World Bank or the IMF. I also had plans to work for Latin American countries (I studied one year in Madrid as an Erasmus exchange student in 1991-92 to learn Spanish).
As I was completing my PhD, I worked for a research institute in Luxembourg. I interacted with a lot of university professors who were visiting the centre to complete research projects and decided that I would attempt to get an academic career after completing my PhD. After my job in Luxembourg, I moved back to Canada for work. I had offers from Statistics Canada and a postdoctoral position at McMaster University. I decided to pursue my professional path in academia and I took a two-year postdoc at McMaster. I applied the following year to an opening at Glendon College, partly motivated by family reasons and the fact that I wanted to stay in Toronto.
All my academic experiences have played an important role in explaining what I have achieved professionally today (languages, culture, and pure academic training). It takes many, many years of training to become a university professor and also a bit of luck given the scarcity of attractive and available positions.
Strategic Information Solutions Consultant
York University, Glendon College: Bachelor of Arts (Hon.), Economics and Sociology
I wasn’t sure what I wanted to do with my life, but I liked math and knowing how the different world economies worked. So I decided to go into economics and took some econometrics courses along the way.
Since I worked all my life selling to large accounts, I decided the next step should be in consulting. So I decided to look for a consulting job, but one that also required selling experience. In my current job I serve as a solution provider to my clients. I don’t just blindly push products—I believe in long term relationships based on trust, understanding, compassion, and a great product to boot!
My job is totally unrelated to my field, or should I say my original field. Since I have been selling for more than 10 years now, one could say that I am still in my field. My goal is to sell to my clients and to provide a solution to their pains and their needs. If I can do that successfully, then I have done my job. I also believe that my education helped me become a better thinker and a better listener while on the job.