Economists interpret and analyze data to predict market trends, create economic models, and make recommendations to solve economic problems. Traditionally, it is believed that economics career has a limited scope.
But, in the modern world, economists are in demand due to the productive role that modern economics can play in designing and executing technology-driven policies.
Economics as a Career
Economics is one of the most sought career choices after 12th owing to the high-paid job opportunities in the economics field.
If you want to pursue your career in economics, let us tell you that it’s a fantastic career option, with Job opportunities not only in India but also worldwide.
- Economics is the subject that basically deals with wealth. it is concerned with the production, consumption, and transfer of wealth
- Economics is an evergreen subject that is taught by many renowned colleges both at the Regional and Central levels.
- If you aspire to make your career in economics, you should opt for mathematics as your fifth subject in 11th and 12th standard as mathematics is a compulsion in most of the renowned colleges of economics.
- Students studying economics also get privileges in other related fields of commerce such as statistics.
Economics courses After 12th
It is really important to know the best economic courses after 12th standard, usually, all the courses are almost the same with a little difference between them which is mentioned below.
1. B.A/ B.A (Honours) Economics
The course is most suitable for students looking to develop a future in the field of economics. The BA (Hons.) Economics Curriculum deals with the economy's concepts, limits, scale, industries, suppliers, producers, buyers of services, and products.
The key distinction between BA Economics and BA (Hons.) Economics is that the BA Economics course covers the fundamentals of Economics, the BA (Hons.) Economics offers an in-depth understanding of the same.
2. B.A/ B.A (Honours) Business Economics
Business economics is a field in applied economics that uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with labor, capital, and product markets.
3. B.A/ B.A (Honours) Applied Economics
Applied economics applies the conclusions drawn from economic theories and empirical studies to real-world situations with the desired aim of informing economic decisions and predicting possible outcomes.
4. B.Sc / B.Sc (Honours) Economics
This course provides knowledge of principles and techniques that are used in the domain of economics in a holistic view. It is almost similar to B.A (Hons) Economics, with some advanced concepts of statistics, taught only in B.Sc Hons.
Supergrads Batches
We at Supergrads have motivated and guided thousands of aspirants that are now studying in top colleges.
Before we move forward, go through our new batches of Supergrads for IPM, CUCET, and India’s finest UG courses after 12th(CUET, SET, AAT, ST. Xaviers, etc.) for 2021, 2022, and 2023.
- Our faculty consists of the most acclaimed mentors in the industry, recognized for their teaching methodology, motivational sessions & preparation planning, most of our faculty has been mentoring Management aspirants for a decade.
- Our study material consists of 23 sets of books that are designed in a way that takes you from basic to advanced concepts in a sequential manner supported with numerous examples and exercise problems.
- live lectures on a set schedule designed to give you a customized learning experience with opportunities for interaction between aspirants and teachers.
- To clear up any doubts you may have, there is a discussion board and live doubt clearing sessions.
- We also provide Special Classroom Sessions on WAT, and Interviews to help candidates in the admission process.
Career Options in Economics
There is a wide variety of career choices open to students wishing to pursue their career in the Economics field. Here is a list of various options mentioned to provide a better understanding of the available choices
- You can work with big government organizations like RBI as an Economist.
- Planning organizations like NITI Aayog, National Sample Survey, etc.
- PSU Banks, Foreign Banks, and Private Banks
- Financial Risk Analyst Opportunities
- Actuary
- Econometrics related Fields
- Indian Economic Services (IES)
- Financial Information Firms
- Agricultural Companies
- Statistician
Best Colleges of Economics in Delhi University
All the aspirants that are preparing for CUCET, should note that the finest colleges of Economics are at University of Delhi. The list of top Economics Colleges in DU are mentioned below:-
- Lady Shriram College for Women (LSR)
- Miranda House
- Sri Ram College of Commerce (SRCC)
- St. Stephen’s College
- Hindu College
- Jesus and Mary College
- Hansraj College
- Ramjas College
- Sri Venkateswara College
Top Private Economics Colleges in India
If you wish to join colleges other than Delhi University with their respective entrances, you can join these top colleges mentioned below.
- Christ University Bangalore
- NMIMS Mumbai
- St. Xaviers Mumbai
- St. Xaviers College Mumbai
- Loyola College Chennai
Aptitude based entrances for Economic Courses
If you wish to pursue your career in Economics from one of the best colleges in India, you need to clear the respective entrance exam for that college.
- CUCET(Central University Common Entrance Test) for admission into economic courses of central universities like Delhi University, JMI, AMU, etc.
- CUET( Christ University Entrance Test ) for admission into courses of Christ University.
- NPAT is the aptitude test conducted by Narsee Monjee Institute of Management Studies to select candidates for courses offered by them.
Skills Required to pursue Career in Economics
- You should have a strong Mathematical Aptitude to grasp important concepts of statistics required in Economic Courses.
- You should have an interest in Understanding Complex Systems, as Economic systems are interlinked, which require deep knowledge of concepts.
- One of the most important skills is curiosity, if you are curious then you are definitely going to succeed in your Economics Career.
- Teamwork and Interpersonal Skills
- Logical and Critical Thinking Skills
CLEAR
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