Job Opportunities

Now that you are on your way becoming an economics or mathematical economics major what's next? 

Well, one option is to study more economics after graduating as an economics major to become an economics professor! If you are interested in finding out what to expect as an Econ PhD student, just check out the pages from our graduate program.

Even if you are not interested in pursuing a PhD in economics, the Econ/Math-Econ majors open the door for many other graduate programs, including Masters or PhD programs in related social sciences or public policy. Some students decide to apply to law schools, others are interested in an MBA.

Rather than pursuing a second degree right after graduation, the majority of Econ/Math-Econ majors joins the workforce. The economics major provides a strong background in analytical thinking, quantitative data analysis, as well as general "literacy" in economics, which are critical skills for today's dynamic job market. A lot of students take positions in the financial industry, in management consulting firms, economic consulting firms (forecasting or litigation), or as research associates at Federal Reserve Banks or think tanks. For more information on the first jobs taken and graduate schools attended by economics majors, see Career Services.

You can find an interesting study project of the effect of major choice on lifetime earnings at Major Decisions: What Graduates Earn Over Their Lifetimes. The study was conducted as part of the Hamilton Project at the Brookings Institution.