👩💼 Jobs in Economics 👨💼
A Master’s degree in Economics opens doors to a wide range of careers in policy-making, research, regulation, academia, finance, and governance. Below is a curated list of career paths that are especially popular among Economics postgraduates in India.
🏛️ Government & Regulatory Services
- RBI Grade B – One of the most sought-after roles for economists, involving monetary policy, banking regulation, financial stability, and research.
- RBI Grade B (DEPR) – Specialist economist role in the Department of Economic and Policy Research, focused on macroeconomic analysis and policy inputs.
- Indian Economic Service (IES) – Central government service where officers work on economic planning, policy formulation, and evaluation.
- SEBI Grade A – Regulatory role in capital markets, securities, and financial institutions.
- NABARD / SIDBI / IRDAI / PFRDA – Economist and regulatory roles in development banking, insurance, and pensions.
🎓 Academia & Research
- UGC NET / JRF – Gateway to becoming an Assistant Professor or a funded PhD scholar in Economics.
- PhD in Economics – Careers in universities, research institutes, think tanks, and international organizations.
- Research Assistant / Research Associate – Roles in policy think tanks, universities, and government-backed research bodies.
🏢 Civil Services & Public Policy
- UPSC Civil Services (IAS) – Economics as an optional subject is popular among aspirants due to syllabus overlap with GS and public policy.
- State Civil Services – Administrative and policy roles at the state level.
- Public Policy Professionals – Working with governments, NGOs, and international organizations on development and governance projects.
📊 Private Sector & Analytics
- Economic Analyst – Macroeconomic, industry, or market analysis in consulting firms, banks, and corporates.
- Data Analyst / Policy Analyst – Roles combining economics with statistics, data science, and impact evaluation.
- Consulting & Think Tanks – Strategy, impact assessment, and economic advisory roles.
- Quantitative Researcher (Quant Research) – Specialized analytics roles combining economics, statistics, and programming for financial modeling and market analysis.
This list is not exhaustive. Economics graduates often carve unique career paths by combining economics with data science, law, public policy, or finance.
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