3 Reasons it Pays to Earn a Degree in Economics

A degree in a practical field can be an invaluable asset in today’s job market. That being the case, earning a B.A. or advanced degree in economics can prove tremendously helpful when it comes to earning power and career prospects. Even if math has never been your strong suit or primary area of interest, students thinking about their futures would be wise to consider the benefits of an economics degree. As you’ll find, there are a number of enticing advantages associated with majoring in the aforementioned field.

1. People with Your Skills Are Always in High Demand

Job security is a fleeting privilege in the current market. To cut costs, many companies abstain from hiring workers fulltime, opting instead to cycle through assorted temps and independent contractors. While this approach to hiring may be beneficial to employers’ financial bottom lines, it causes jobseekers no end of anxiety. Fortunately for people who hold degrees in economics, many large-scale companies are always interested in bringing in fulltime accountants, financial analysts and data analysts. To learn more about these careers, pay a visit to https://onlinemba.mason.wm.edu.

2. You Can Go into Business for Yourself

If you’re not a fan of the daily grind and would prefer to be your own boss, earning a degree in economics can help make this dream a reality. For example, as an accountant or analyst, you can work for a variety of companies on an as-needed freelance basis. Alternatively, you can become a private accountant and take on individuals clients. This will enable you to make your own hours and exercise complete control over your workload.

3. Abundant Job Prospects

After earning their respective degrees, many graduates experience considerably difficulty finding gainful employment. In fact, many of them are ultimately unable to find jobs in their chosen fields, thus facilitating the need to return to school. Conversely, a degree in economics will allow you to write your own ticket. Whether you prefer to work in a structured environment or sell your services to an assortment of clients, an economics degree is sure to serve you well.

To call the current job market competitive would be a massive understatement. Although there are still job prospects for individuals majoring in artistic and creative fields, the vast majority of employers are looking for new hires with practical, marketable skills. If financial stability and copious career prospects are what you’re after, a degree in economics may be just what the doctor ordered.

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