Economics being a branch of social science, comprises of analyzing the production, consumption, and distribution of products as well as services available in the market. It covers a broad range of subjects associated with the interaction of economies with each other and the impact on world dynamics. It is very rapidly becoming a popular choice of study and is a worldwide recognized qualification too!
What Does One Study with a B. A. In Economics?
BA in Economics, being an undergraduate degree, helps in developing in you a broad range of skills for preparing you for the existing and future business world. Economics graduates possess a high employability rate, as the various skills learned in B. A. in economics add value to your CV.
By Following the syllabus of economics that you study during your economics degree, you develop a lot of skills, including:
- Detailed comprehensibility of economic principles and concepts.
- Theoretical comprehensibility of modelling approaches along with their applications and economics;
- Proficiency in computing methods and quantitative techniques and their implementation to solve a broad range of problems;
- Ability to analyze economic data and the interpretation of data.
We at BFIT, which is viewed as one of the top colleges for B.A. in Economics in Dehradun, believe that Economics is a lot more than helping us to comprehend recorded patterns, translate the present features, and make forecasts for the coming decades. The best College for B. A. In Economics in India recognizes excessive demand for economists and their importance in today’s global world, and hence, BFIT offers the best B. A. in economics courses in India.
Why Should You opt for Studying Economics?
Economics is becoming an excessively popular line of study for all undergraduates. If you are opting to take up this notable course, here are certain benefits of a degree in a Bachelor of Economics:
Flexible career options: An economics degree makes you pursue jobs in varied dimensions and industries. It opens the doors for you for a broad range of careers, and economists often possess the opportunity of working in various industries like government sectors, business, and academics, as well as in a private setting.
- Powerful foundational knowledge: Owing to the broad range of areas and versatility an economics degree covers, it proves to be a powerful foundation for a lot of highly reputed jobs. The syllabus of economics benefits you by getting an in-depth knowledge of markets, finance, and resource management.
- Various Challenges: The subject of economics makes one pursue thought-provoking activities associated with the coursework and forces one to use their critical thinking skills. During the course, you end up facing many challenges that will broaden your understanding of economics throughout the world and how it impacts enormous global aspects of the business.
What Can You Pursue with an Economics Degree?
An economics degree can boost your employability chances in many different types of industries. One of the motivations that you get after getting a degree in economics is knowing what your future job prospects are, so here is a list for you of economics degree jobs you can opt for:
- Actuarial Analyst: Being an economics graduate, you can do the job of an actuarial analyst in the sector of insurance. Their responsibility includes analyzing data of statistical models and calculating costs associated with events like property damage or product failure. Essentially, actuarial analysts use their analytical skills and comprehensibility of economics for designing policies of insurance.
- Data Analyst: Data analyst translates numerical data to simple English. Businesses gather a very large amount of data, and data analysts use this data to help organizations make good decisions that will be beneficial for the entire company.
- Economist: This is a very common job role for graduates in economics. Their responsibility is to analyze economic issues using statistical methods and mathematical models, and research.
- Financial Risk Analyst:Financial risk analysts’ identify and analyze possible financial risks that can threaten the working of an organization.
- Forensic Accountant: A forensic accountant examines financial accounts and records that can be used as proof later. They are public accountants who are certified.
- Statistician: The responsibility of a statistician is very similar to the responsibility of a data analyst. Statisticians design data acquisition trials by assessing trends and analyzing data. They help companies comprehending quantitative data.
- Investment Analyst: Investment analysts provide advice and financial information to stock market traders, stockbrokers, and fund managers.
- Data Scientist: A data scientist develops varied machine-learning based tools for a company so that the company can perform statistical analysis. Also, they help in creating automated lead scoring systems and recommendation engines.
- Quantity Surveyor: A quantity surveyors manage the budgeting of contracts and financial elements of construction projects.
- Business Development Manager: The business development manager communicates product developments to his clients and oversees the progression of strategies of marketing and their implementation. Business developments managers also follow up on new business opportunities.
Economists today are bringing a change to the world and adding quality and value to the economy’s dynamics. However, to be at the top as an economics graduate, you need a degree that is recognized throughout the world. Recognizing the excessive demand for economists and their necessity in today’s industries, BFIT is offering an undergraduate degree of BA in economics. If you are passionate about how the economy works, this is just the right career for you. So, hurry and enroll yourself with us!
