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BA Economics Graduate Seeking High-Paying Career: Which Path to Choose?

Nayagam P

Nayagam P P  |4455 Answers  |Ask -

Career Counsellor - Answered on Sep 27, 2024

Nayagam is a certified career counsellor and the founder of EduJob360.
He started his career as an HR professional and has over 10 years of experience in tutoring and mentoring students from Classes 8 to 12, helping them choose the right stream, course and college/university.
He also counsels students on how to prepare for entrance exams for getting admission into reputed universities /colleges for their graduate/postgraduate courses.
He has guided both fresh graduates and experienced professionals on how to write a resume, how to prepare for job interviews and how to negotiate their salary when joining a new job.
Nayagam has published an eBook, Professional Resume Writing Without Googling.
He has a postgraduate degree in human resources from Bhartiya Vidya Bhavan, Delhi, a postgraduate diploma in labour law from Madras University, a postgraduate diploma in school counselling from Symbiosis, Pune, and a certification in child psychology from Counsel India.
He has also completed his master’s degree in career counselling from ICCC-Mindler and Counsel, India.
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Asked by Anonymous - Jun 25, 2024Hindi
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I just graduated BA Economics what should i do next if i want a high paying job

Ans: Options for you: (1) MA Economics with any one of the reputed Universities/Colleges such as Delhi School of Economics, JNU-Delhi, Madras School of Economics, Chennai, University of Hyderabad, Indian Statistical Institute, Ashoka University, Symbiosis School of Economics or MBA with IIM, XLRI, SPJIMR-Mumbai, ISB-Hyderabad, Masters in Business/Finance Analytics with JBIMS or NMIMS, Great Lakes of Chennai/Gurgaon, IIM/ISB or LLB or CFA or Actuarial Science. Check these options and their respective websites for Admission Process & Placement Statistics of last 3-years and choose the most suitable one for you. All the BEST for Your Prosperous Future.

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Abhishek

Abhishek Shah  | Answer  |Ask -

HR Expert - Answered on Jul 24, 2023

Asked by Anonymous - Jun 28, 2023Hindi
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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

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Sushil

Sushil Sukhwani  |594 Answers  |Ask -

Study Abroad Expert - Answered on Apr 24, 2025

Career
Hello Sir. My Son has got offer from follwing University.. 1)University of Padua - Italy (BSC - Information Technology) - 3 years Course 2)University Of Strathclyde - UK (BSC - HON Computer Science) - 4 yrs 3)Caledonian University of Glassgow - UK (Bsc Hons Computing). 4 yrs 4) National College of Ireland (BSC - HON Computer Science Engg) - 4 yrs We are confused to select the university / country
Ans: Hello ASAD,

First and foremost, thank you for getting in touch with us. I am glad to know that your son has received offers from the above mentioned universities. As an answer to your query, I would like to tell you that a prestigious and budget-friendly education in a lively Italian environment, along with a reputable academic standing and lower living expenses is offered at the University of Padua; its 3-year BSC - Information Technology may also provide a quicker path to higher education or jobs. Coming to the University of Strathclyde, top-ranked in the UK for Computer Science, this university is renowned for its linkages with industry, research possibilities, as well as outstanding student services, offering robust employment opportunities. Next, situated in a student-centric city with budget-friendly costs in comparison to other cities in the UK, Glasgow Caledonian University focuses on hands-on, industry-focused learning with impressive graduate employment rates. The National College of Ireland provides a small, contemporary campus in Dublin with robust ties with the technology sector, internships, and employment prospects in one of Europe’s key technology hotspots.

Lastly, deciding which university and country to select depends on your son’s professional objectives, ideal learning atmosphere, budget, as well as plans for the future- whether he prefers a shorter course term, robust industrial connections, global exposure, or residing in a specific nation.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

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Nayagam P

Nayagam P P  |4455 Answers  |Ask -

Career Counsellor - Answered on Apr 24, 2025

Career
EWS category rank female 30065 suitable NIT IIIT GFTI admission getting sir 2025
Ans: Rajeswari, Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.

Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

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