What is the scope of economics (Hons)?

Economics (Hons) is a highly versatile and sought-after course that offers a wide range of career options. Some of the popular career paths after Economics (Hons) include: Academics: You can pursue higher studies in economics and research in areas such as economic theory, policy analysis, and econometrics. This includes pursuing a Master's or a Ph.D. in economics and building a career in academics and research. Corporate Sector: You can work in the corporate sector in roles such as market analyst, financial analyst, business analyst, and strategic planner. Many companies, especially in the finance and consulting sectors, hire Economics (Hons) graduates for their analytical and problem-solving skills. Government Sector: You can work in the government sector as an economist, policy analyst, or researcher. You can work in various government departments such as the Ministry of Finance, Planning Commission, Reserve Bank of India, and other public sector organizations. Banking and Finance: You can work in the banking and finance sector in roles such as investment banker, credit analyst, risk analyst, and financial consultant. You can also pursue professional courses such as CFA or FRM to specialize in finance and investment management. Entrepreneurship: You can also start your own business or venture, leveraging your economics knowledge to identify market opportunities, analyze data, and make informed business decisions. Overall, Economics (Hons) offers a vast range of career opportunities, and the scope is not limited to any particular field or sector. The skills and knowledge gained through this course are highly transferable, making it a valuable qualification in many industries.

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After economic honors you can go to various sectors such as banking, finance, insurance and sales. For further studies you can go for Masters in stats, economics, MBA. M.Com MBE. You can also opt professional courses like Chartered accountant and Actuarial Science which are the most demanding profession nowadays.

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After completing economics (Hons), you can get involved with Banking to understand the behaviour of consumers and industries in opening accounts, closing accounts, using online banking services, using bank lockers, buying gold from a bank or selling gold to the bank. Graduate or post graduate in economics can find entry-level jobs in banking, finance, insurance, the stock market, sales, and marketing and many other fields.

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