How much money do economics graduates make? Especially in india

Updated on : January 20, 2022 by Zachary Elliott



How much money do economics graduates make? Especially in india

Right after graduation, job opportunities are not very promising, except at a few large companies like BCG and Bain, which put people in the junior analyst position for 10 LPAs.
For other companies, the average placement offers are around 4-5 LPA. The name of the university, the recognition of the university, the total grades and the interview all play a key role in this.

Today, except in some institute, you can find young people with all the titles on the side of the street where you can employ a person for a daily salary.

India is the fifth largest and fastest growing economy in the world and has overtaken the UK and France in 2019.The sitting government of India is firmly determined to turn it into a $ 5 trillion economy by 2024 through various means of reforms and strict measures in conjunction. with RBI policies. The burgeoning economy also provides various job opportunities for individuals with specialized knowledge in economics.

๐–ฃ” The preconditions for excelling in the field of economics are as follows: -

1. Must have a good command of number calculations and the ability to play with figures and big data.

2.S

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India is the fifth largest and fastest growing economy in the world and has overtaken the UK and France in 2019.The sitting government of India is firmly determined to turn it into a $ 5 trillion economy by 2024 through various means of reforms and strict measures in conjunction. with RBI policies. The burgeoning economy also provides various job opportunities for individuals with specialized knowledge in economics.

๐–ฃ” The preconditions for excelling in the field of economics are as follows: -

1. Must have a good command of number calculations and the ability to play with figures and big data.

2. Must have the ability to interpret and analyze graphs, tables and other tables related to the economy, GDP and the market.

3. Have a good command of mathematics, especially accounting, to develop a career in this field.

4. You should be updated regularly with the economy and share market news and new trends and market behavior.

5. Have good communication skills and a good command of various economic topics.

โœช ๐‘ช๐’‚๐’“๐’“๐’Š๐’†๐’“ ๐’๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’–๐’†๐’” ๐’‚๐’‡๐’•๐’†๐’“ ๐’”๐’•๐’–๐’…๐’š ๐’Š๐’ ๐’†๐’„๐’๐’๐’๐’Ž๐’Š๐’„๐’”

1. ๐‘จ๐’„๐’‚๐’…๐’†๐’Ž๐’Š๐’„๐’”:

After completing the Master of Economics i.e (MA + Bed), you can teach at +2 universities. If you want to pursue higher studies, after completing the master's degree in economics, you can sit the national eligibility test organized by the national testing agency.

By attaining a high rank in this exam, you will be awarded a junior research scholarship for higher studies like Ph.D. and if you pass the exam with a normal rank, you will get an appointment as an assistant professor in various Indian colleges and universities.

Secondary,

You can also work as a content creator for various educational institutions, online classes. You can also start a YouTube study channel with a small investment that not only gives you confidence but also improves communication skills with students.

2.๐‘ฎ๐’†๐’๐’†๐’“๐’‚๐’ ๐’„๐’๐’Ž๐’‘๐’†๐’•๐’Š๐’•๐’Š๐’๐’

๐–ฃ”๐‘ฐ๐’๐’…๐’Š๐’‚๐’ ๐’†๐’„๐’๐’๐’๐’Ž๐’Š๐’„ ๐’”๐’†๐’“๐’—๐’Š๐’„๐’†๐’” ๐’†๐’™๐’‚๐’Ž (IES)

UPSC also conducts a separate exam known as an economic services exam. The minimum eligibility criteria for this exam is to have a master's degree in economics and related subjects with at least 55%

It is a highly specialized and professional service within India providing policy advice and economic analysis at NITI aayog, NSSO, planning board under the finance ministry.

๐–ฃ”๐‘น๐‘ฉ๐‘ฐ ๐’ˆ๐’“๐’‚๐’…๐’† ๐‘ฉ ๐‘บ๐‘ฉ๐‘ฐ, ๐‘ฐ๐‘ฉ๐‘ท๐‘บ, ๐‘ต๐‘จ๐‘ฉ๐‘จ๐‘น๐‘ซ ๐‘ฌ๐‘ฟ๐‘จ๐‘ด

โ€ขโ€ข RBI also regularly publishes notifications for Grade B exams and other specialized exams that are made up of Quantitative Aptitude, Reasoning, English questions. In addition to this, in-depth economics questions are also asked and students with an economic background have an additional advantage over others.

โ€ขโ€ข SBI and IBPS also regularly publish job notifications each year for the position of Probationary Officer and Specialist Officer (SO).

โ€ขโ€ข NABARD also releases a vacancy each year for a limited position for the official degree position and well-educated students add extra wings in their success on these exams.

๐–ฃ”๐‘น๐‘ฌ๐‘บ๐‘ฌ๐‘จ๐‘น๐‘ช๐‘ฏ ๐‘ญ๐‘ฐ๐‘ฌ๐‘ณ๐‘ซ

* Well-educated students can also opt for research in government institutions, private institutions, think tanks, magazines, newspapers, and publishing houses and credit rating agencies.

* Candidates can obtain research opportunities at the National Council for Applied Economic Research, New Delhi.

Indian Council for Social Science Research, Institute of Economic Growth, New Delhi.

* They can also join private institutions, NGOs and various think tanks that regularly write commentaries on government social, economic and political policies.

* They can also start their career as a freelancer and hone their writing skills and gradually write for publications, magazines and websites.

๐–ฃ”๐‘ฐ๐’๐’”๐’–๐’“๐’‚๐’๐’„๐’† ๐’”๐’†๐’„๐’•๐’๐’“, ๐‘บ๐’‰๐’‚๐’“๐’† ๐’Ž๐’‚๐’“๐’Œ๐’†๐’• ๐’‚๐’๐’… ๐’Ž๐’–๐’•๐’–๐’‚๐’ ๐’‡๐’–๐’๐’… ๐’‚๐’๐’… ๐‘ป๐’‚๐’™๐’‚๐’•๐’Š๐’๐’

* Postgraduates in economics also have opportunities to work in public and private sector insurance companies as insurance consultants, insurance agents, and insurance policy makers.

* The student who has acquired knowledge and experience in capital markets, money market, commodity funds and mutual funds can also work as an investment consultant.

* After completing a diploma / certificate course in tax, in addition to economic training, you can act as a tax advisor.

Lastly, candidates who have spent a lot of time researching and have a great deal of experience and popularity can get job opportunities at eminent financial institutions such as Asian Development Bank, Brics Bank, World Bank, International Monetary Fund, United Nations.

๐–ฃ”๐‘ฉ๐’†๐’”๐’• ๐‘ฐ๐’๐’”๐’•๐’Š๐’•๐’–๐’•๐’† ๐‘ป๐’ ๐‘บ๐’•๐’–๐’…๐’š ๐‘ฌ๐’„๐’๐’๐’๐’Ž๐’Š๐’„๐’” ๐‘ฐ๐’ ๐‘ฐ๐’๐’…๐’Š๐’‚โ™•๏ธŽ

University of Delhi, South Campus

Delhi School of Economics (University of Delhi)

Jawaharlal Nehru University, New Delhi

Bombay University, Mumbai

University of Agricultural Sciences, Bangalore

Stephen College, University of Delhi

Jamia Milia Islamia University

Maharaja Sayajirao University of Baroda

Bangalore University

Calicut University

Hindu University of Banaras, Uttar Pradesh

Kumaun University, Uttarakhand

University of Meerut, Meerut

University of Pune, Pune

Sri Ram College of Commerce, Delhi

Lady Sri Ram College for Women, Delhi

Hans Raj College, Delhi

Hindu University, Delhi

Presidential University, Kolkata

Xavier College, Kolkata

Xavier's College, Mumbai

Loyola College, Chennai

Symbiosis School of Economics

Madras School of Economics

IIT, Kanpur

Statistical Institute of India, Kolkata

Ravenshaw University, Cuttack, Orissa

๐‘ป๐’‰๐’† ๐’๐’๐’๐’ˆ ๐’‹๐’๐’–๐’“๐’๐’†๐’š ๐’•๐’ ๐’†๐’™๐’„๐’†๐’ ๐’Š๐’ ๐’๐’Š๐’‡๐’† ๐’…๐’†๐’Ž๐’‚๐’๐’…๐’” ๐’‚๐’Ž๐’‘๐’๐’† ๐’•๐’Š๐’Ž๐’†, ๐’”๐’†๐’“๐’Š๐’†๐’” ๐’๐’‡ ๐’„๐’๐’๐’”๐’•๐’‚๐’๐’• ๐’†๐’‡๐’‡๐’๐’“๐’• ๐’‚๐’๐’… ๐’‘๐’†๐’“๐’”๐’†๐’—๐’“๐’‚๐’๐’„๐’† ๐’‚๐’”

"๐‘น๐‘ถ๐‘ด๐‘ฌ ๐‘พ๐‘จ๐‘บ ๐‘ต๐‘ถ๐‘ป ๐‘ฉ๐‘ผ๐‘ฐ๐‘ณ๐‘ป ๐‘ฐ๐‘ต ๐‘จ ๐‘ซ๐‘จ๐’€"

๐‘ณ๐’‚๐’”๐’•๐’๐’š ๐’š๐’๐’–๐’“ ๐’‘๐’‚๐’”๐’”๐’Š๐’๐’ ๐’‚๐’๐’… ๐’…๐’†๐’…๐’Š๐’„๐’‚๐’•๐’Š๐’๐’ ๐’Ž๐’‚๐’•๐’•๐’†๐’“๐’” ๐’•๐’‰๐’† ๐’Ž๐’๐’”๐’• ๐’‚๐’๐’… ๐’‚๐’๐’”๐’ ๐’•๐’‰๐’† ๐’’๐’–๐’†๐’”๐’• ๐’‡๐’๐’“ ๐’”๐’๐’Ž๐’† ๐’‡๐’“๐’†๐’”๐’‰ ๐’ƒ๐’๐’๐’˜ ๐’๐’‡ ๐’‘๐’๐’”๐’Š๐’•๐’Š๐’—๐’Š๐’•๐’š ๐’Š๐’ ๐’•๐’‰๐’† ๐’๐’Š๐’‡๐’† ๐’˜๐’‰๐’Š๐’„๐’‰ ๐’˜๐’Š๐’๐’ ๐’–๐’๐’•๐’Š๐’Ž๐’‚๐’•๐’†๐’๐’š ๐’ƒ๐’“๐’Š๐’๐’ˆ ๐’”๐’๐’Ž๐’† ๐’‘๐’†๐’‚๐’„๐’† ๐’‚๐’๐’… ๐’‘๐’“๐’๐’”๐’‘๐’†๐’“๐’Š๐’•๐’š

๐‘ฐ๐’‡ ๐‘ญ๐’Š๐’๐’… ๐’•๐’‰๐’†๐’”๐’† ๐’Š๐’๐’‡๐’๐’“๐’Ž๐’‚๐’•๐’Š๐’๐’ ๐’‰๐’†๐’๐’‘๐’‡๐’–๐’ ๐’•๐’‰๐’†๐’ ๐’‘๐’‚๐’š ๐’๐’‡๐’‡ ๐’Š๐’ ๐’•๐’‰๐’† ๐’‡๐’๐’“๐’Ž ๐’๐’‡ ๐’–๐’‘๐’—๐’๐’•๐’Š๐’๐’ˆ ๐’•๐’‰๐’† ๐’‚๐’๐’”๐’˜๐’†๐’“ ๐’‚๐’” ๐’Š๐’• ๐’…๐’†๐’Ž๐’‚๐’๐’…๐’” ๐’‚๐’Ž๐’‘๐’๐’† ๐’•๐’Š๐’Ž๐’† ๐’‚๐’๐’… ๐’“๐’†๐’”๐’†๐’‚๐’“๐’„๐’‰

๐‘ป๐‘ฏ๐‘จ๐‘ต๐‘ฒ๐‘บ ๐‘ญ๐‘ถ๐‘น ๐‘น๐‘ฌ๐‘จ๐‘ซ๐‘ฐ๐‘ต๐‘ฎ !!

A couple of things: wanting to be rich is rarely a goal in itself. Most of the time it is provided as a by-product of doing something valuable. Nor does it lend itself to specific action plans. It is also proven that it does not bring you happiness. Making Americans friendlier with school choice is also a difficult goal to achieve. It is not specific enough to create an action plan. And it's not closely tied to 'getting rich' either.

Henry's answer is precise enough: BA in ECON = difficult to get a job related to economics. Add weak social skills, weak writing skills, and ~ 10% unemployment in

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A couple of things: wanting to be rich is rarely a goal in itself. Most of the time it is provided as a by-product of doing something valuable. Nor does it lend itself to specific action plans. It is also proven that it does not bring you happiness. Making Americans friendlier with school choice is also a difficult goal to achieve. It is not specific enough to create an action plan. And it's not closely tied to 'getting rich' either.

Henry's answer is precise enough: BA in ECON = difficult to get a job related to economics. Add in weak social skills, weak writing skills, and ~ 10% Albany unemployment, and it's hard to sled in every way.

Don't worry, I doubt a job in economic research will make you rich or change America's schools. It doesn't mean that you don't find it attractive or fun or that you don't pay your rent or all sorts of other noble results. There is nothing wrong with working to work.

So, I recommend that you ignore your title. Just because you've paid a ton of money and spent a lot of time getting it doesn't make it relevant to your goals:

  • Make a list of the inventory of specific skills you possess. What can you do? What are you good at? Don't spend a minute documenting what you're weak at.
  • Make another list of the specific qualities of the work environments you enjoy. Teams Individual contributor? Big office? Location? Sales / Marketing / Development / Operations / Research?
  • Lastly, make a list of specific career milestones that you would like to mark in the next 2 years. Manage a team? Lead a project of my colleagues? Professional credentials? Participate in community action? Paid role in politics?

This should provide you with enough information to perform a factor analysis on yourself and your potential career paths.

Where do they have jobs that take advantage of those things? What type of business takes advantage of those things? Who do I know who knows someone involved in those things?

What can I do to get there? What am I willing to do? What am I not willing to do?

You need a friend plan. This is how you start one.

Let me tell you something, if you do something for the money, you will quit.

That is all.

In my opinion, you can earn a lot of money from almost any job, but what matters is not how much you earn, but how happy you are.

No matter what people tell you to do, if you don't love it, you won't invest 110% (which is almost a requirement).

I don't know what your values โ€‹โ€‹are in life, but you need to figure out what you would love to do every day of your life and THEN find a way to earn money.

So the first step would be to find what you really love and want to do for the rest of your life. (And if you do not like it

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Let me tell you something, if you do something for the money, you will quit.

That is all.

In my opinion, you can earn a lot of money from almost any job, but what matters is not how much you earn, but how happy you are.

No matter what people tell you to do, if you don't love it, you won't invest 110% (which is almost a requirement).

I don't know what your values โ€‹โ€‹are in life, but you need to figure out what you would love to do every day of your life and THEN find a way to earn money.

So the first step would be to find what you really love and want to do for the rest of your life. (And if you don't like it anymore, it's okay to switch and do something else.)

Step 2 would be to become irreplaceable. What I mean by that is that most employees tend to be good at only one field. Which makes them very easy to replace (and even more so if it's a competitive field!)

So the idea is to create a skills puzzle where you become the masterpiece of the company and can only climb at the top (if this is what you want).

When I was 16 and discovered that it was possible to make a lot of money online, I was in awe and really wanted to do it.

So I started working as a freelance translator at 17 at Fiverr. I was making some money, but the work was not good. In fact, it was very boring. I wasn't doing it because I loved it, but just for the money (which wasn't so much ahah).

I tried it over and over again for over a year, trying new ideas week after week, not finding anything that could bring me money. While reading about 5 hours a day, every day.

And even the last 2 years were full of failures, it allowed me to learn more than anyone.

Which finally gave me a job 2 months ago.

I started in June 2018 as an intern for 2 weeks, and now I am the COO of the company that gives me more money than 99.9% of people my age.

My work is fantastic and I really love it, it's remote, allowing me to travel the world while making money, and it's really cool.

There is no magic trick.

Do what you love, learn every day, become irreplaceable and be persistent until you get there.

The best career is the one you choose, not the one people tell you to follow. Become the best and you will win everything you want.

On average 20-40 lakhs per year

Naukri Facts

10 years of experience:

MBA jobs across India

in 20 lakh package: 1595

In a 40 lakh package: 174

At 1 crore: 10 jobs

Even if we say that IIM elects the majority, it will be in 20-40 Lakhs. Don't dream that you just cracked IIM and you will get a payment package of over 50 lakhs easily.

I was part of the normalization process.

At 10 years of experience; An MBA graduate is an MBA graduate, it will not matter if it is from the IIM or from a local institute. The gap is very thin. For example, I compete for many jobs where the best candidates from school B are preferred. But I always write down the interview because they require

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On average 20-40 lakhs per year

Naukri Facts

10 years of experience:

MBA jobs across India

in 20 lakh package: 1595

In a 40 lakh package: 174

At 1 crore: 10 jobs

Even if we say that IIM elects the majority, it will be in 20-40 Lakhs. Don't dream that you just cracked IIM and you will get a payment package of over 50 lakhs easily.

I was part of the normalization process.

At 10 years of experience; An MBA graduate is an MBA graduate, it will not matter if it is from the IIM or from a local institute. The gap is very thin. For example, I compete for many jobs where the best candidates from school B are preferred. But I always rate the interview because they require subject matter Expert experience. Therefore, there are very few specific jobs from the best B schools after 10 years of experience.

In an average of 10 years, an MBA graduate has the potential to earn between 20 and 40 lakhs. Now if you are in Sales, Sky is the limit.

Calculation and appraisal are never linear. So don't think that if someone starts with 15 LPA they will reach 1 crore.

The 50+ lakhs package is treated as an impossible package and will be given to those who contribute directly to the organization. That means who raises their own money.

Here is the approximate annual calculation

IIM: 15

MBA: 5

After 5 years

IIM: 25

MBA: 13

After that, 2 lakhs per year for IIM and 1.5 lakhs for MBA

IIM: 35

MBA: 20.5

Hence the 20-40 LPA range if all goes well, which is rare.

Update: These facts and figures are in total real practical terms and occur in 90% of cases. Yes, if you are following the newspaper or someone gossiping about millions of pay packages, I can't help you.

You will be surprised to know that they (IIM) may also find it difficult to change jobs due to high expectations.

So all the advantages of coming from the best institute are a starter. The increments work on the normalization curve, so if you get 10% at 15 LPA, it doesn't mean that you will get 4 lakhs at 40 LPA.

I interviewed over 10 years of experience from IIM and other MBAs and treated them equally, even in paid packages.

It depends on the program and how much you learn. For example, Duke econ MA is famous for sending students to many doctoral programs. Many students who want to do a Ph.D. come to Duke. And it works fine. Other economics master's programs promise good job placements and that has come under scrutiny from students because they haven't been able to deliver as much. In such a case, the MA will not be worth as much.

In terms of learning, econ MA can vary enormously. I know that some students take PhD courses, so they really learn a lot. Some students just want the degree to maximize their undergraduate courses. So he

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It depends on the program and how much you learn. For example, Duke econ MA is famous for sending students to many doctoral programs. Many students who want to do a Ph.D. come to Duke. And it works fine. Other economics master's programs promise good job placements and that has come under scrutiny from students because they haven't been able to deliver as much. In such a case, the MA will not be worth as much.

In terms of learning, econ MA can vary enormously. I know that some students take PhD courses, so they really learn a lot. Some students just want the degree to maximize their undergraduate courses. So learning is different.

For job perspective, it's different again, some students are already smart and capable and just want to point through a master's in economics. Others want to pretend to be smarter than they are. I've seen students turn to investment banks / tech companies and beyond. But my observation over the years is that good job placement has been declining. First, the world became too competitive. Second, many master's students began accepting more students, so master's degrees became less competitive. Third, many schools lowered standards to accept even more students to earn more money.

So what is the latest MA economics job market? Not as good as before. I know a popular area is data analytics that got some attention. But even analytics is getting crowded. Consulting used to be better, but more doctors are coming in, making it harder for MAs to compete. The same goes for finance, don't be surprised if your competitor has a PhD in economics / finance.

So, what to do?

Well, the costs are always true, but the benefits are not always. You can learn economics through coursera / edX. Try their MA programs for a much lower price, so if you still want an inexpensive MA for signage or to learn more, be sure to join a program that is not that expensive. Remember that costs are true, but benefits are not always true.

Good luck!

P.S.

If you love economics, listen to econtalk. You really do learn a ton for free!

I will tell you my story exactly.

I currently have a Master's in Economics from George Mason University in Virginia; I am also a research manager at Nielsen.

My job is highly client-oriented and requires that I communicate directly with research clients and operations staff to plan research studies, write questionnaires, and manage research execution to answer client research questions.

Before and during my master's studies (which lasted about two years), I was an analyst or assistant analyst. As an analyst, he was much more focused on the execution of the investigation than on the client.

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I will tell you my story exactly.

I currently have a Master's in Economics from George Mason University in Virginia; I am also a research manager at Nielsen.

My job is highly client-oriented and requires that I communicate directly with research clients and operations staff to plan research studies, write questionnaires, and manage research execution to answer client research questions.

Before and during my master's studies (which lasted about two years), I was an analyst or assistant analyst. As an analyst, he was much more focused on conducting research than consulting for the client. After completing my master's degree, I was promoted to research manager.

I think I would have been promoted anyway if I hadn't gotten the master's degree, but the degree was useful to me for two reasons:

(1) Satisfies an intellectual curiosity, which I cultivate every day and

(2) after master's degree, I no longer regret NOT having entered the academy. Transparency in academia did not appeal to me as much as I thought.

Economics is a great subject for study. I constantly use economic principles to understand the behavior of my clients, as well as the industries in which they operate. I really think that I am better for having studied economics than any other discipline.

Best of luck. Let me know if you are interested in talking more.

There are very few professional jobs in economics. Most investment banks have an economist position. The incumbent usually has an entourage of assistants who work for him. There is no wear or lateral movement.

Then he has some government jobs for economists. These guys advise the central bank governor. This is perhaps the most envied / challenging / professional job for an economist. This is like a physics / chemistry lab for an economist.

Lately, some e-commerce and retail sectors have been using an economist to understand consumer behavior.

These seem to be all the avenues that

Keep reading

There are very few professional jobs in economics. Most investment banks have an economist position. The incumbent usually has an entourage of assistants who work for him. There is no wear or lateral movement.

Then he has some government jobs for economists. These guys advise the central bank governor. This is perhaps the most envied / challenging / professional job for an economist. This is like a physics / chemistry lab for an economist.

Lately, some e-commerce and retail sectors have been using an economist to understand consumer behavior.

These seem to be all the avenues I know of besides teaching or research. There is a way to take advantage of the economy. You have to study echo of some fancy school. You have to have the maximum performance throughout your academic career. You will have the opportunity to be chosen by the main international companies such as Microsoft, Facebook, Morgan Stanley, etc. They keep looking for interns from schools like st stephens delhi and singapore.

First of all, a very good day !!!

Now, coming to your question ...

The economy is considered an evergreen topic due to its great utility and high demand in labor markets. Economics is a very important discipline for both career and work. Well-trained economists are in high demand not only in India but also around the world for a rapidly globalizing economic landscape. They are hired as economic analysts, researchers, and consultants.

Economics graduates can choose between the public and private sectors: deserving candidates can get excellent job opportunities after successfully completing their bachelor's or master's degree in

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First of all, a very good day !!!

Now, coming to your question ...

The economy is considered an evergreen topic due to its great utility and high demand in labor markets. Economics is a very important discipline for both career and work. Well-trained economists are in high demand not only in India but also around the world for a rapidly globalizing economic landscape. They are hired as economic analysts, researchers, and consultants.

Economics graduates can choose between the public and private sectors - deserving candidates can earn excellent job opportunities after successfully completing their bachelor's or master's degree in economics. Economics graduates can get prestigious jobs in government sectors like Economic Services of India, Civil Services of India, Reserve Bank of India, National Sample Survey, Ministry of Economic Affairs, Board of Planning, the Planning Commission, the National Council for Applied Economic Research and the National Institute of Public Affairs. Finance and politics. All of these jobs have wonderful career options. These jobs give you social prestige along with financial stability.

In private sector, economic graduates can try in the fields like private banks, MNCs, BPOs, KPOs, Business journals, and newspapers. One can work in organisations as economist, economic advisor, executive, analyst, consultant, researcher, financial analyst, business analyst, economic research analyst and stock market analyst.

Please note- For the deserving candidates, the field have a lot of options. So work hard with dedication.

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All the Best!!!

Do not compare US / UK / European salaries with India. There will be a BIG difference. It has nothing to do with LSE. Generally, the foreign currency conversion to India does not apply when one accepts an offer in India. For example, if you were making $ 50,000, that does not mean that you will get 60 times more in INR (maybe or maybe not). Several factors are taken into account, including cost of living and daily expenses. An IIM graduate who is generally better paid in India gets a supervisor job at almost $ 200K (with stock options at times), while they get around L INR 30 in India.

Anyway, many will IVY

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Do not compare US / UK / European salaries with India. There will be a BIG difference. It has nothing to do with LSE. Generally, the foreign currency conversion to India does not apply when one accepts an offer in India. For example, if you were making $ 50,000, that does not mean that you will get 60 times more in INR (maybe or maybe not). Several factors are taken into account, including cost of living and daily expenses. An IIM graduate who is generally better paid in India gets a supervisor job at almost $ 200K (with stock options at times), while they get around L INR 30 in India.

Anyway lot many IVY leagues chose to work in India not for salary but for the opportunity and variety of experience which India offers. India is really tough to work and I can say because of having personal experience of working in US and Europe. For example Raghuram Rajan (economist) (Governor of RBI) must be earning far less than his peers and what all he was getting earlier but then its all about the job and portfolio which he is holding.

Always in your life go for the job, not for the money. If you are good enough, money will find you.

After MA in ECONOMICS, you should opt for IES (INDIAN ECONOMIC SERVICES). It is one of the best fields for economists.

Another option is to compete for all other government jobs that require graduation as a minimum eligibility criteria like BANKS PO/ CLERKS/ SSC/ Territorial ARMY/ UPSC and others

You have 1 more option: join NGOs or the development sector and start working in the world's leading organizations and NGOs.

You can even complete your B. Ed and start teaching at SCHOOLS.

Also, you can delete UGC NET and start working as a lecturer at private or government universities.

Finally, complete your PhD and join ap

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After MA in ECONOMY, you must opt โ€‹โ€‹for IES (ECONOMIC SERVICES OF INDIA). It is one of the best fields for economists.

Another option is to compete for all other government jobs that require graduation as a minimum eligibility criteria, such as BANKS PO / CLERKS / SSC / Territorial ARMY / UPSC and others.

You have 1 more option: join NGOs or the development sector and start working in the world's leading organizations and NGOs.

You can even complete your B. Ed and start teaching at SCHOOLS.

Also, you can delete UGC NET and start working as a lecturer at private or government universities.

Finalmente, complete su doctorado y รบnase a un profesor en las principales universidades de la India y obtenga un lucrativo paquete salarial con menos cargas de trabajo y estrรฉs en comparaciรณn con otros trabajos no acadรฉmicos.

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