The best job opportunities for economics majors might surprise you.
People who get their economic degree have numerous career paths to choose from once they graduate from school. The skills learned during an economics program help students prepare for a multitude of jobs. While some people view an economist simply as someone who crunches numbers, the truth is that there are numerous job opportunities for someone with an economics degree.
We would like to present you with a list we have compiled of the best job opportunities for economics majors, ranked according to the median salary. The median salary represents the amount of money at which half of the people in the workforce make more and half make less. We have also included the median hourly salary, the educational requirements for each job position, as well as the number of current jobs in each respective field. The figures used in the making of this countdown were taken from the statistics issued by the US Bureau of Labor.
The best job opportunity economics majors have is of pursuing a career as a financial manager, which emerged as the highest-paid job position in the industry. With a median annual salary of over $100,000, financial managers have topped any other job position in the economic sector. While the job position only requires a Bachelor’s degree, several years of experience are necessary before an economics major will be able to occupy it.
Curious to see what career paths an economics major can choose? Let’s take a look at the countdown of the best job opportunities for economics majors.
No. 12: Insurance Underwriter
Median salary (annual): $60,670
Median salary (hourly): $29.17
Required education: Bachelor’s degree
Current jobs in the field: +102,000
No. 11: Auditor
Median salary (annual): $61,690
Median salary (hourly): $29.66
Required education: Bachelor’s degree
Current jobs in the field: +1,200,000
No. 10: Accountant
Median salary (annual): $61,690
Median salary (hourly): $29.66
Required education: Bachelor’s degree
Current jobs in the field: +1,200,000
No. 9: Budget Analyst
Median salary (annual): $68,200
Median salary (hourly): $32.76
Required education: Bachelor’s degree
Current jobs in the field: +67,000
No. 8: Logistician
Median salary (annual): $70,800
Median salary (hourly): $34.04
Required education: Bachelor’s degree
Current jobs in the field: +100,000
No. 7: Financial Analyst
Median salary (annual): $74,350
Median salary (hourly): $35, 75
Required education: Bachelor’s degree
Current jobs in the field: +250,000
No. 6: Financial Examiner
Median salary (annual): $74,940
Median salary (hourly): $36.03
Required education: Bachelor’s degree
Current jobs in the field: +27,000
No. 5: Management Analyst
Median salary (annual): $78,160
Median salary (hourly): $37.58
Required education: Bachelor’s degree
Current jobs in the field: +740,000
No. 4: Health Services Manager
Median salary (annual): $84,270
Median salary (hourly): $40.51
Required education: Bachelor’s degree
Current jobs in the field: +280,000
No. 3: Actuary
Median salary (annual): $87,650
Median salary (hourly): $42.14
Required education: Bachelor’s degree
Current jobs in the field: +19,000
No. 2: Economist
Median salary (annual): $89,450
Median salary (hourly): $24.84
Required education: Bachelor’s degree
Current jobs in the field: +1,500,000
No. 1: Financial Manager
Median salary (annual): $103,910
Median salary (hourly): $49.96
Required education: Bachelor’s degree
Current jobs in the field: +500,000
If you liked our list of the best job opportunities for economics majors, you’ll want to check out our “4 Best Jobs with a Finance Degree.“
