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Choosing a Career in Economics After 12th

Posted on January 14, 2021 by Umer Fayaz  | Academics | Blog

Choosing a Career in Economics After 12th

Economics is the art to meet unlimited needs with scarce resources—Laurence J. Peter

Over the years, with the progression of civilizations and drastic technological advancements, businesses have evolved and so have nations. The need for Economics as a subject is of paramount importance in the modern era where business transactions are no more about just buying and selling. Economics is perhaps the most widely sought-after subject which is pursued by aspirants from Commerce, Science and Arts backgrounds alike. Owing to its academic interdisciplinarity and application in a range of fields, the subject is gaining immense popularity. In addition to that, with globalization happening at an unprecedented rate, the need for skilled professionals in Economics has further shot up the need for them substantially, paving way for aspirants to prepare for the job roles.

Programmes in Economics After 12th

Students often are caught up in a dilemma after completing their board exams as to which career path would offer them a secure future. Some go for diplomas and certification courses while others take up a bachelor’s degree in the field of their choice. When it comes to Economics as a subject, the prospects of fast growth, dynamic work environment and great earning potential has been slowly started luring students from diverse academic backgrounds at an increased pace. The most popular among all is BA Economics which is offered by most universities. Like other subjects in the Arts stream, this programme is more theoretical and focuses primarily on the academic aspects of the subject. On the other hand, a comparatively advanced BSc Economics programme uses a scientific approach to the subject, making it more robust in terms of curriculum and that increases its applicability substantially.

What is Taught in BSc Economics?

Unlike the conventional BA Economics, this programme, as the name suggests, treats the subject as science and that reflects in the methodologies used for teaching it. BSc Economics covers fundamental as well as advanced concepts elucidated with real world examples. Some of the core concepts taught in BSc Economics involve:

  • Developmental Economics
  • Behavioural Economics
  • Environmental Economics
  • Agricultural Economic
  • Micro Economics
  • International Economics
  • Statistics
  • Mathematics

BSc Economics at ISBF & LSE

Studied by some of the most influential economists around the world, the BSc Economics programme offered at the London School of Economics (LSE) is ranked among the top programmes in the subject. The programme is designed to equip students with nuanced understanding of economic models and inculcate the ability to analyse and propose solutions to existing economic problems. The same programme is offered at the Indian School of Business and Finance (ISBF) under the academic directions of LSE. Enjoying the status of being among the top 5 featured affiliate centres of the University of London, ISBF follows a modern pedagogical approach that gives its students a holistic understanding of the subject. The students at ISBF study exactly the same curriculum as their counterparts at LSE and receive a degree certificate from the University of London. To know more about the eligibility criteria and other details, visit our programme page.

Did You Know? Former governor of RBI, Dr Urjit Patel studied the same programme at LSE.

Career Prospects After BSc Economics

The job opportunities in the field of economics are endless but the competition is equally widespread. With many universities offering programmes in the subject, one needs to have a significant edge over others to be able to secure a top position in the domain. While entry level jobs in the field are easier to cater to, the top positions may require a person to have a strong academic background along with years of experience, and that’s where an internationally recognised degree, such as one offered at ISBF, comes handy. Not only does having a global LSE education help students in getting enrolled for master’s programmes but it also sets you apart from the competition while applying for a job. Here are some of the popular career choices that can be pursued in economics:

  • Financial Analyst
  • Business Analyst
  • Data Analyst
  • Business Consultant
  • Senior Financial Analyst
  • Pricing Analyst
  • Management Consultant
  • Senior Business Analyst
  • Staff Accountant
  • Research Analyst

To step into the exhilarating world of economics and to know more about the BSc Economics programme offered at the institution, book a session with our educational advisor. For contact details visit our website.

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