The Bachelor of Economics and Finance degree will boost your employability in many areas, regardless of the industry you work in. There is strong demand for highly numerate students throughout the global labour market. In addition, the widely transferable analytical and problem-solving skills or knowledge developed by economics students means that careers in economics are extensive and diverse.
BA in Economics and Finance courses may include business analysis, accounting, statistics, microeconomics and macroeconomics. Students may also be offered courses specific to international business, finance economics, and the application of economics to sectors such as agriculture and natural resources. In addition, general courses such as chemistry, psychology, history and world literature may be required to give students a well-rounded education.
Reason for increasing demand for Economics and Finance course
The demand for Economics and Finance professionals has increased over the past few years due to the internationalisation of global financial markets and various corporate, research, and academic opportunities. An Economics and Finance course offers multiple career options in private equity, venture capital, fundraising, banking and finance. In addition, after specific years of experience and a master’s degree, there is a potential to earn high salaries and travel abroad.
Career Opportunities
A bachelor’s degree typically opens up career opportunities and gives students a solid foundation to build or rebuild a successful life. Plus, coursework in finance may help students prepare for their financial futures and make sound decisions.
Financial Analyst
The significant role of a financial analyst is to pore over data to identify opportunities or evaluate outcomes for business decisions or investment recommendations. They can work in both senior and junior capacities within a firm, and it is a niche that often leads to other career options.
Investment Banker
Everyone knows that investment banking is a lucrative field. Entry-level jobs quickly provide six-figure salaries. Senior investment bankers’ salary is tens of millions of dollars every year. Getting to the top of this area is a multi-step process that requires a combination of ambition, hard work, skill, experience, education, connections, and sometimes more than a little bit of luck.
Financial Risk Analysts
Financial risk analysts identify and analyse potential risk areas threatening the assets, earning capacity or success of commercial, industrial or public organisations. A financial risk analyst is responsible for predicting change and future trends and forecasting costs to the organisation.
Financial risk analysts may work in sales, trading, marketing, financial services, private banking, or origination, specialising in:
- market
- operational
- regulatory
- credit.
They are required to manage market and credit risks daily.
Economic Consultant
Economic consultants “conduct research, survey business conditions, analyse policy and offer expert testimony.” Generally, they try to clarify the complexity of financial problems. In addition, economic consultants analyse business organisations’ economic statuses and propose plans to help change and improve their existing programs. Economic consultants generally work for a consulting firm, and businesses hire the firm.
Top Companies
Many graduates have landed roles in high-profile companies after studying for this degree. Some of these are listed below:
- The City: NatWest, Morgan Stanley, Merrill Lynch
- Chartered Accountancy: KPMG, PricewaterhouseCoopers
- Central Government: the Bank of England, the Department of Transport, the Treasury, the Cabinet Office
- Local Government: finance departments, corporate planning, the National Audit Office, health trusts and authorities
- Industry: BP, Rank Xerox, Marks and Spencer, ICL
BA in Finance and Economics can be completed full or part-time depending on your work schedule, lifestyle and goals. Fees are always a factor to consider when choosing a college or university for an undergraduate degree, and each one has its tuition schedule. Contact each school’s BA in Finance and Economics admissions department for the current and projected tuition and fee schedule.
Graduates who venture toward accounting jobs tend to work for large private firms, banks and governmental organisations worldwide. Some graduates choose to be independent advisors who counsel businesses and government leaders on market trends and public policy. Others still may prefer careers geared more toward financial management, auditing and analysis.
With the increase in experience and expertise, a student can climb up the ladder of success.
Mahindra University 