How To Become An Economist: Degree and Education Requirements

Stanley TanLeave a Comment



what degree do you need to become an Economist
majors for Economists

Economists

Other names for this job might include Agricultural Economist, Business Economist, Econometrician, Economic Adviser, Economic Analysis Director, Economic Analyst, Economic Consultant, Economic Developer, Economic Development Specialist, Economic Research Analyst


  • $109230
    Salary
  • 76%
    Job satisfaction
  • Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

A



Be An Economist: What You Really Need


In this requirements guide for Economists, you will find out what do you need to become an Economist and what it takes to become one.

After reading this, you will be able to plan for your future if you want to be an Economist.



Degree required

Recommended degree level

Doctoral Degree

PhD
58.33%

Master’s degree
29.17%

Bachelors degree
8.33%

First professional degree
4.17%

No degree
%

Generally, employers are looking for Economists who have a PhD. They also prefer someone who is good in Active Listening and Writing.

1 common question that we always get is what major or degree do I need to become An Economist or what courses do I need to take.

We did a survey to ask other Economists what did they major in college or university and here are the most popular majors that came up.

Agricultural Economics
Financial Mathematics
Economics, General
Applied Economics
Econometrics and Quantitative Economics

Most economists need a master’s degree or Ph.D in Economics. However, some entry-level jobs—primarily in government—are available for workers with a bachelor’s degree.



Schools

schools for Economists

Interested in becoming An Economist? Find the right schools that can help you to become one. You will need some of your details to get you matched with the right college or university. This service is free thanks to our sponsors.

Questions to ask the university or college:

  1. How many students are in the program?
  2. Is your program accredited?
  3. How many faculty members do you have? Do they hold the right credentials?
  4. What is your job placement rate?
  5. Does your school hold career fairs or other on-campus events with employers? How many employers typically attend?
  6. How many of your students have at least one internship by graduation?

Click to start becoming an Economist




How long does it take

Difficulty
Hard

You will need a considerable amount of skill, knowledge and experience to be An Economist. Normally you will be required to have more than five years of experience.

For example: A surgeon have to complete 4 years of college plus an additional 5 to 7 years of specialized medical training to be able to do his/her job.

In terms of on-the-job training, you may need some training however you will be assumed that you will already have the necessary skills and work experience to perform the job.


How long does it take
2 to 4 years


Work experience
1 to 2 years

No experience
37.5%

1 to 2 years
25%

2 to 4 years
16.67%

4 to 6 years
16.67%

6 months to 1 year
4.17%

Job training
1 to 2 years

No training
41.67%

1 to 2 years
20.83%

3 to 6 months
16.67%

0 to 1 month
12.5%

6 months to 1 year
8.33%

Most Economists have 1 to 2 years work experience and 1 to 2 years job training.

To increase your chances of getting a job, you can look for job training while studying to be one.



License and certifications

Do you need any license or certification
Not required


No license or certification required for Economists



Skills required

We asked other Economists if they could only have 5 skills, what would they be. Here is what they said.

1. Active Listening what does this mean
2.Writing what does this mean
3.Speaking what does this mean
4.Mathematics what does this mean
5.Critical Thinking what does this mean
= Hot in-demand that most employers are looking for

We did some research and found that most successful Economists have these 5 common characteristics. Most of them had Analytical Thinking and Attention to Detail.

1.Analytical Thinking
2.Attention to Detail
3.Achievement/Effort
4.Integrity
5.Initiative




Knowledge required

Just like any other job, you will need some know-hows to do the job. To become a successful Economists you need to acquire knowledge in these 5 key areas.

1. Economics and Accounting what does this mean
2.Mathematics what does this mean
3.English Language what does this mean
4.Computers and Electronics what does this mean
5.Education and Training what does this mean

As An Economist, you may also be required to know how to use certain Analytical or scientific software, Object or component oriented development software and Analytical or scientific software tools.

Aptech Systems GAUSS software (Analytical or scientific software)
C++ (Object or component oriented development software)
Camfit Data Limited Microfit (Analytical or scientific software)
Corel QuattroPro (Spreadsheet software)
Corel WordPerfect Office Suite (Office suite software)
= Hot in-demand that most employers are looking for




How we can help

Start your journey to be An Economist

Get the best college for Economists


Discover the best colleges for your $$$


Find colleges have the highest earning grads


Yes, I'm sure







Trusted by over 50,000 fans

[easy-followers title=”” nofollow=”1″ total_type=”text_before” columns=”2″ template=”tinycolor”]

Career type

Social Science and Humanities
Plant Systems
Management
Planning
Science and Math

Other Careers Like This


Help Others Out



Learn more about Economists

Summary
Job Description
Salary
Requirements (You are here)
Is This Right For Me

Study To Be An Economist


Related to Economists Requirements

Economists requirements, how to become Economists, degree required to be an Economist, Economists license and certifications, majors to be an Economist, is it hard to become an Economist and how long does it take

Additional resources

http://www.bls.gov/OOH/life-physical-and-social-science/economists.htm
https://www.aeaweb.org/
http://www.nabe.com/

OwlGuru.com
OwlGuru.com is a career and college finder site. We help students to find a career and college that is right for them.
Economists
Written by: Stanley Tan
Economists conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.
4.8 / 5 stars

Leave a Reply

Your email address will not be published. Required fields are marked *