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Nitin

Nitin Sathe  |126 Answers  |Ask -

HR, Recruitment Expert - Answered on Jan 06, 2023

Air Commodore Nitin Sathe (retd) is an IAF veteran with experience in aviation, aviation management, recruitment and HR.He has commanded a frontline base in Jammu and Kashmir, served with the UN Peace Keeping Force in Congo and volunteered for tsunami relief operations. Today, he is a certified recruiter and personality assessor.... more
Ashish Question by Ashish on Jan 06, 2023Hindi
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Career

I am currently an economics student and wish to know career opportunities to chase when i graduate. Thanks

Ans: I suggest you look at post graduate options if you want to get a decent job. If you can't go in for higher studies due to any reason, please look for jobs in Data analytics/research or start studying for competitive exams like IES/ISS or look for internships in Niti Aayog and Min of Finance, RBI, Or NABARD. Else try for SBI/RBI bank exams. I would still suggest that you look at higher studies as an option.
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Abhishek

Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Jul 24, 2023

Asked by Anonymous - Jun 28, 2023Hindi
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Career
I've graduated in economics and would like to study majorly in macroeconomics and even find jobs in it. Could you guide me on the career options for this
Ans: Hello,

Congratulations on graduating in economics and showing a keen interest in macroeconomics. Macroeconomic analysis is a crucial field that focuses on studying the overall performance and behavior of an economy, including factors like growth, inflation, unemployment, and monetary policy. It has significant applications in various sectors, and there are several career options you can explore:

Economist: As an economist, you can work in both the public and private sectors. In the public sector, you might find opportunities in government agencies, central banks, or international organizations like the International Monetary Fund (IMF) or the World Bank. In the private sector, economists are often hired by financial institutions, consulting firms, or research organizations to provide economic insights and forecasts.

Research Analyst: Many think tanks, economic research institutes, and academic institutions employ research analysts to conduct studies and analyze economic data. Your role would involve understanding macroeconomic trends, writing reports, and providing policy recommendations.

Financial Analyst: In the finance industry, macroeconomics plays a significant role in investment decisions. Financial analysts assess economic indicators and trends to guide investment strategies for clients or their companies.

Policy Advisor: Governments and international organizations often seek macroeconomic experts to advise on economic policies. As a policy advisor, you would be involved in formulating and implementing strategies to address economic challenges and promote growth.

Academic Researcher/Professor: If you have a passion for academia, you could pursue a Ph.D. in economics and become an academic researcher or professor. This path allows you to contribute to the field's knowledge by conducting original research and teaching students.

Market Research Analyst: Some companies employ macroeconomists as market research analysts. Your role would involve analyzing economic trends to help the company understand market conditions and make informed business decisions.

Data Analyst/Quantitative Analyst: With your economics background, you could also transition into roles that involve data analysis and quantitative modeling. Many industries, including finance, technology, and healthcare, value professionals who can analyze and interpret data to inform decision-making.

To maximize your chances of landing a job in macroeconomics, consider building a strong network in the field, staying up-to-date with current economic developments, and honing your analytical and quantitative skills. Additionally, publishing research papers or articles in reputable economic journals can boost your credibility and visibility as an expert in macroeconomics.

Remember that the job market may vary depending on your location and the demand for economists in your country or region. However, with the right skills and determination, there are plenty of opportunities to make a meaningful impact in the field of macroeconomics. Good luck with your career endeavors!

Regards,
Abhishek Shah

..Read more

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Krishna

Krishna Kumar  |280 Answers  |Ask -

Workplace Expert - Answered on May 16, 2024

Asked by Anonymous - Apr 19, 2024Hindi
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Career
Im 49 years old i worked as a teacher in a private unaided school in Telangana Medchal Mandal for the past 24 years.I started my career in teaching in this school since 1998 -2024 March 15. I was asked to quit the school since the new management wanted to have teachers according to their whims and fancies. I worked for her parents when the parents died the property was divided among her daughters finally the elder one cornered it she didn't want the old staff to work and wanted to appoint new staff. When my old correspondent (her mother) when we asked for PF she assured i can't insure right now because i should have done right at the inception of the school so i promise to pay good will when you leave the school for the service rendered towards the school unfortunately she too died in 2021 then her daughter present correspondent didn't even do any favour Unfortunate thing i worked for such an institution there i had not facilities of PF . I served so loyally for this institution as a token of gratitude to my service.they didn't pay anything. Finding a job in other institution they doubt over long standing experience in one school and owing my age they are hesitant to offer a job i have attended few interviews in school . I'm running pillar to post to find a job to support myself. Im helpless and desperate don't know what to do. Please help mem
Ans: Hello

I can understand what you must be feeling to go through this stage of life.

May I suggest you start with taking private tutions, given your rich experience in teaching I am sure you will make positive impact in the lives of students. Initially you may find it difficult ... but as you take steps...over the period a good path would be laid.

Believe in yourself...I am sure you will do it good.

All the best.

...Read more

Ramalingam

Ramalingam Kalirajan  |2330 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 16, 2024

Asked by Anonymous - May 12, 2024Hindi
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Money
From April 2024 I ve started a SIP of 4 lacs each in ICIC pru index, 4.5 L in Parag Parikh Flexicap & 1.5 L Nippon India small cap( all 3 growth plans) . My age is 46 & I want to build a solid corpus of over 25 crore over the next 9-10 yrs until I retire. Do u suggest any changes or addition in the number of funds.
Ans: Your commitment to SIPs reflects a proactive approach towards building wealth for your retirement, and your choice of funds demonstrates a well-diversified portfolio. Let's evaluate your current strategy and suggest potential adjustments to align with your ambitious goal of accumulating over 25 crores in the next 9-10 years.

Assessing Current Portfolio Allocation
Your current SIP allocation comprises investments in ICICI Pru Index, Parag Parikh Flexicap, and Nippon India Small Cap funds, each with varying risk profiles and growth potential. While index funds offer stability, flexicap funds provide diversification, and small-cap funds aim for higher growth.

Considering Risk and Return Profile
Given your age of 46 and the relatively short investment horizon until retirement, it's crucial to strike a balance between risk and return. As you approach retirement, preserving capital becomes paramount, necessitating a gradual shift towards more conservative investments.

Potential Adjustments and Additions
Diversification: Consider diversifying further by adding exposure to other asset classes like debt or balanced funds to mitigate overall portfolio risk. Debt funds provide stability, while balanced funds offer a mix of equity and debt, suitable for investors nearing retirement.

Focus on Consistency: Evaluate the historical performance and consistency of the funds in your portfolio. Ensure that they align with your long-term financial goals and risk tolerance.

Review Fund Selection: While your current funds have their merits, periodically review their performance and make adjustments if necessary. Funds experiencing consistent underperformance or significant changes in fund management may warrant reconsideration.

Professional Guidance: Engage with a Certified Financial Planner (CFP) to conduct a comprehensive review of your portfolio and provide personalized recommendations tailored to your financial objectives and risk appetite.

Conclusion
In pursuit of your ambitious goal of accumulating over 25 crores by retirement, it's essential to periodically review and adjust your investment strategy. By diversifying appropriately, focusing on consistency, and seeking professional guidance, you can optimize your SIP portfolio for long-term wealth creation and financial security in retirement.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

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