Are There Jobs For Economics Majors?

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  • Опубліковано 25 гру 2024

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  • @MrGTO86
    @MrGTO86 3 роки тому +30

    Graduated with a Bsc Economics degree. Been trying to convince some of the guys I graduated with that we are living in the golden age of economics. I'm done convincing and starting my master's in January.

    • @ilpaesedelmiocuore2637
      @ilpaesedelmiocuore2637 Рік тому +2

      Should I switch to Compi Science? I read that there are no jobs for Econ majors.

  • @angomr6510
    @angomr6510 3 роки тому +36

    In the UK Econ is one of the best paying degrees you can get!Especially Economics and Management

    • @callumscorner69
      @callumscorner69 3 роки тому +1

      Do u think an econ and management or econ and finance degree would pay more

    • @angomr6510
      @angomr6510 3 роки тому +1

      @@callumscorner69 id reckon econ management tbh

    • @callumscorner69
      @callumscorner69 3 роки тому

      @@angomr6510 what jobs are available if I study econ and management

    • @angomr6510
      @angomr6510 3 роки тому +2

      @@callumscorner69 I mean with any job that isnt vocational like being a doctor the degree isnt that important, ive seen geography graduates go into finance, but econ and management is a very flexible degree since it involves maths and essays, so it makes you very employable in terms of your skills.You could go into finance, banking, management consultancy to name a few, but you could almost do any job you'd like given that it doesnt require loads of training

    • @callumscorner69
      @callumscorner69 3 роки тому +1

      @@angomr6510 thankyou for this

  • @michaelforcetv3538
    @michaelforcetv3538 3 роки тому +5

    Hey man, please keep making these videos, I’m a second year at UCLA and these really help

  • @musaahmed2431
    @musaahmed2431 3 роки тому +27

    Hey, love the video.
    Could you please do a video on what a typical economics major’s day looks like

    • @oBeYoPtIcZ
      @oBeYoPtIcZ 3 роки тому +1

      Good topic sir I like that

  • @robertodiaz9566
    @robertodiaz9566 3 роки тому +25

    I graduated last June. Been job hunting since. No luck so far but these kind of videos are very encouraging!

    • @musaahmed2431
      @musaahmed2431 3 роки тому +4

      What major

    • @musaahmed2431
      @musaahmed2431 3 роки тому +5

      And did you graduate in 2020?

    • @robertodiaz9566
      @robertodiaz9566 3 роки тому +1

      @@musaahmed2431 B.A. Economics and Yes

    • @cael2384
      @cael2384 3 роки тому +2

      What country are you in?

    • @williamjoyner3768
      @williamjoyner3768 3 роки тому

      I graduated in dec with the same degree and idk what to do 😭 but keep applying I had a few interviews.

  • @upstateNYfinest
    @upstateNYfinest Рік тому +1

    Graduated c/o 2022, about to finish my CFA, and still no luck. My crap back office job is killing me man

  • @rizmacadillac
    @rizmacadillac 2 роки тому +2

    I started thinking about College Majors in Elementary school and by the time I was in 7th Grade I was checking out job opportunities for Economists and such. Of course, things don't always work out even for the best students and you work hard and be diligent and make the most of your skills and talents and such. But I believe there is a huge difference between the type of kid who studies Math or Economics or Physics and doesn't get much recognition from his childhood peers and kids who live for friends and having a peer group. And one element I was looking for with Economics was a potential job and potential income. The numbers are there and the jobs are there ... except that if some company is going to pay huge dollars for an Economist (this is something I did not think about when I was 11 years old or so) they have the right to get the exact person they want for the job. This is something I did not think
    about when I was young... that jobs might remain unfilled until the right applicant comes along. I guess I sort of look at the Trevor Lawrence model when trying to describe people.... he often talked when he was young about loving football and wanting to play football and even becoming rich.... but he also said that this didn't always happen and he seemed to think he'd have to work hard and be lucky. I think the sort of personality that would consider Economics as a Major will also ask the question... what jobs are available and there are many students who study Economics because of perceived income potential and full employment opportunities. Sure, I took my share of History Classes, for example, because I want to be a well-rounded individual with varied interests and such... but a lot of kids (even from good families) know they have to prepare and work hard to be successful in the future. Economics may be the most popular undergraduate major in many of the best colleges and Universities today and how can so many talented, hard-working students be wrong?

  • @s.v.5052
    @s.v.5052 3 роки тому +6

    I've been watching your videos for a while. Thank you for sharing your insight with us. I've absolutely fallen in love with Economics, and I'm considering to study it part-time, even though I'm not in an Economics related career. (Indirectly all careers are related to Economics I guess) Economics just changed the way I perceive the world, where I see much more opportunity where I previously saw none. It taught me that no-one owes me anything, which is something that I've always "known", but never believed. That, in turn, made me a much better employee. Thanks again, really like your content.

  • @beneytan9440
    @beneytan9440 3 роки тому +3

    Wonderful video, thank you!!

  • @percywoodsiii7528
    @percywoodsiii7528 Рік тому +4

    Graduated with an Economics BA. Have been rejected for every job I applied to. For the last 10 years. I subbed, but all of my business major friends immediately got jobs. What's the deal?

    • @tanzeemali6450
      @tanzeemali6450 Рік тому

      Did you find a job?

    • @percywoodsiii7528
      @percywoodsiii7528 Рік тому +3

      No, I still haven’t yet. The problem is that, yes economics teaches us how to think, but they(public and private employers) want hard skill experience. Business majors learn specific hard skills, like analyzing financial reports using standard software and practices, analyzing stocks and making investment decisions.
      For example, in my undergraduate Econ dept. international banking, we talked about money, treasury bills, the central bank, etc. then we made a basic excel chart tracking returns.
      I took international finance and banking from the business department, and they focused on actually trading stocks using a simulation version of real world software used in trading.
      So, I’m going to do my graduate degree in business.
      Also, no disrespect to the creator, but the jobs he lists here all want 3-7 years of experience doing that job title.
      Your only chance is maybe an “associate”, but not an “analyst “. Hope that helps.

    • @tanzeemali6450
      @tanzeemali6450 Рік тому +1

      @@percywoodsiii7528 same, I plan to do my masters degree in business too. Not mention, HR seems to be one of the only departments that accept econ majors, aleast for lower level positions. Thus, I personally did do a 4 month hr internship.

    • @raskult
      @raskult Рік тому

      Ty for saying I’ll look for another degree

  • @saararostami
    @saararostami 2 роки тому +1

    beautifully said.

  • @oBeYoPtIcZ
    @oBeYoPtIcZ 3 роки тому +33

    I would like to thank you for getting me into web scrapping, I’m discovering whole new world

    • @MarketPowerYT
      @MarketPowerYT  3 роки тому +9

      Every time I scrape a website I feel like a wizard wondering how Muggles can live their lives without this magic.

    • @no_username9065
      @no_username9065 3 роки тому +2

      @@MarketPowerYT Just out of curiosity, prof, how long did it take you to learn enough to scrape well?

    • @aryankumarprasad1574
      @aryankumarprasad1574 3 роки тому +2

      Hey brother, can you share some the resources you used to learn web scrapping.

  • @aishwaryarohatgi8406
    @aishwaryarohatgi8406 3 роки тому +2

    I just graduated today this video is everything 🙏🏻🙏🏻

  • @suwilanjikasonka9487
    @suwilanjikasonka9487 2 роки тому +1

    The instrumental made me emotional

  • @aurelius2070
    @aurelius2070 3 роки тому +7

    Hey! This video was such a release for my anxiety filled mind. Thank you so much. That being said, I was interested in a career in investment banking as an economics grad. Is there a possibility you could make a video on that and perhaps how to make you resume more compatible for that kinda job?

    • @xo5581
      @xo5581 2 роки тому

      I’m right in your shoes mate

  • @aryankumarprasad1574
    @aryankumarprasad1574 3 роки тому +11

    In India they say to go for an Economics degree (or engineering degree, in case of STEM) if you are not sure what you want to do.

    • @minhnguyennhat7800
      @minhnguyennhat7800 3 роки тому +3

      in vietnam too lol

    • @mikilmichaeljoshi2387
      @mikilmichaeljoshi2387 3 роки тому +1

      well my situation is a tad different. when i say i want to major in eco ppl are like oh okay maybe.. but first do b.tec. i mean whats the connection?

  • @mjl2523
    @mjl2523 3 роки тому +3

    I majored in accounting but I am not a CPA; however, I do accounting related work. I minored in economics, and I wonder what kind of jobs/careers I can get into that are more economics related.

  • @ClementChronicles
    @ClementChronicles 3 роки тому +30

    Great video!! Question: what is your opinion on getting an MBA vs a PHD after completing an ECON undergrad program? Also, I’m considering specializing in Data Analytics, but am not sure if it’s really for me.

    • @donniejoyce429
      @donniejoyce429 3 роки тому +4

      i have a BA in econ and i work in data analytics. I am planning on getting a phd in econ after i finish a second BA in math. it varies per person but i can say that my professional experience has helped shape my world view and am happy i decided to not go straight to grad school. hopefully this experience will prove to have been useful when i begin researching

    • @ClementChronicles
      @ClementChronicles 3 роки тому +2

      @@donniejoyce429 That makes sense to me. It seems like getting some level of work experience before going to grad school helps people narrow down their options for career paths. Thanks for helpful response! I can use all the help out there, I’m just a young man trying to find my path.

    • @britefeather
      @britefeather 3 роки тому

      @@ClementChronicles as I understand it myself, if you think you can achieve a phd, it might be the better option.

  • @StickmanA
    @StickmanA 3 роки тому +3

    You talk a lot about back end and academic paths where they crunch data but what about front end where a lot of the leaders with high salaries are?

  • @dariuschong4574
    @dariuschong4574 3 роки тому

    What if I major in economics but have zero interest in business and making money? 🙃

  • @amealeatoire2057
    @amealeatoire2057 3 роки тому +4

    I was wondering if I made the right decision taking econ since my cognitive skills going downhill

  • @luisfelipeoliveira847
    @luisfelipeoliveira847 3 роки тому +10

    Hi, I'm a economist from Brazil and I watch your videos for improve my english and learn more about economic. Ps: My English is bad

    • @callumscorner69
      @callumscorner69 3 роки тому +5

      Ur spelling is perfect

    • @Vetto10
      @Vetto10 3 роки тому +2

      Oh boi, im from south America, but i think my English is kinda good (at least writing lol) so let me tell you that ur spelling looks pretty good.

  • @pontus1755
    @pontus1755 3 роки тому +6

    I have a MSc in economics with a major in finance as well as health economics and there are zero, zip, no jobs on the swedish market right now unfortunately :p

  • @aliatharmasood3405
    @aliatharmasood3405 2 роки тому

    I'm really confused between choosing a major in Economics or Law. Can you please advise me?

  • @MaXiMoS54
    @MaXiMoS54 Рік тому +1

    Most of the time they're just competing for Finance jobs as far as I can tell

  • @binayaacharya691
    @binayaacharya691 5 місяців тому

    I was expecting like...
    In jobs ads for
    business management - manager job
    Medical student - Doctor and nurse
    electricity - electrician job
    Education student - teacher job
    Tourism - tour and guide job
    economist - what job???
    I get it light bulb and screw and library and but what is the job to screw myself ...... isn't you topic should be focused on job . What kind of job

  • @yaseminkse7661
    @yaseminkse7661 3 роки тому

    Do i need good grades in my econ degree to Get a job?

  • @rubenduarte2982
    @rubenduarte2982 3 роки тому +1

    Where did you go to school? Is it true you need to go to a top 20 school for your Econ major to be beneficial?

    • @MarketPowerYT
      @MarketPowerYT  3 роки тому +2

      I went to BYU as an undergrad. The Top 20 rule doesn't even apply to PhDs, let alone undergrad.

    • @rubenduarte2982
      @rubenduarte2982 3 роки тому

      @@MarketPowerYT do you think the Econ department at Texas A&M is good? Also do you recommend taking some computing classes?

    • @MarketPowerYT
      @MarketPowerYT  3 роки тому

      Texas A&M has an amazing economics department. There are so many professors doing good work there, and from what I can tell they care about their students. And yes, I think a few intro CS classes can help.

  • @theecon867
    @theecon867 3 роки тому

    Any advice for an economics student looking for an internship?

    • @MarketPowerYT
      @MarketPowerYT  3 роки тому

      Here's my contrarian take: ua-cam.com/video/MhsS7vZ_bCc/v-deo.html

  • @smc555
    @smc555 3 роки тому +7

    Have you studied abroad while doing your degree? And if you did, do you feel it helped you?

    • @MarketPowerYT
      @MarketPowerYT  3 роки тому +6

      I didn't do a formal study abroad but I did spend a few weeks in Haiti. Seeing the world is a great way to build your education!

  • @jakkeddaw
    @jakkeddaw 3 роки тому

    Here's me wondering what a good counterfactual would be for the world where Al Gore becomes a professional percussionist instead of running for president.

  • @Lovely_planet
    @Lovely_planet 3 роки тому +2

    Come with me to the hardware store and you will be vastly disappointed

  • @biplavpoudel4967
    @biplavpoudel4967 3 роки тому

    Hi! I have recently accomplished my MSc in Accounting & Finance. Now, I am interested to do Phd in Political Economy. So, Can I get admission in university for my phd program although I do not have educational background in politics and economy?

  • @pingoo4057
    @pingoo4057 3 роки тому +4

    Me : *breathing in economics*

  • @sabelo8312
    @sabelo8312 3 роки тому

    Great Video, I'm doing Econometrics for my undergrad. Good choice?

    • @miks_w8945
      @miks_w8945 3 роки тому +1

      if you want to analyse data and read charts as an economist, yes its the fundamentals.

  • @bharatmadhok6773
    @bharatmadhok6773 3 роки тому +2

    What is your opinion of Business Economics?

  • @Samlefe_
    @Samlefe_ 3 роки тому

    Does it really matter if I chose a BA over a BS?

    • @MarketPowerYT
      @MarketPowerYT  3 роки тому

      Here's my answer! ua-cam.com/video/ZPE6EFzEVCA/v-deo.html

  • @s.v.5052
    @s.v.5052 3 роки тому +1

    86th !

  • @tomuscrv
    @tomuscrv 3 роки тому

    Do not watch. You waste your time.