UGA Specific Information for Economics

Economics includes the study of the ways in which people make a living, the production, distribution, and consumption of goods and services, and the analysis of inflation, unemployment, and efficient use of natural resources.  Macro and microeconomics are the two vantage points from which the economy is observed.  Macroeconomics looks at the total output of a nation and the way the nation allocates its limited resources of land, labor, and capital in an attempt to maximize production levels and promote trade and growth.  Microeconomics looks into similar issues, but on the level of the individual people and firms within the economy.  It tends to be more scientific in its approach, and studies the parts that make up the whole economy.  For students interested in business careers, economics is an essential foundation for business education.  Similarly, when it is viewed in the broader sense of a liberal arts education, economics is a core discipline and an integral part of a well-rounded course of study.  Economics majors develop both analytical and communication skills while focusing on the application of economics to the real world.  In addition to foundational courses in economic theory, the Economics Department offers classes that reflect broader interests, including environmental economics, sports economics, game theory, economic analysis of law, urban economics, and the economics of education.


Class of 2018 Career Outcomes for Economics*

** Includes Self-Employed

Campus Resources

Additional UGA Career Center Recommendations/Considerations

POTENTIAL CAREER PATHS

  • Financial Planning - Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.
  • Insurance Underwriter - Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
  • Management Analyst - Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.
  • Marketing & Survey Research - Research market conditions in local, regional, or national areas, or gather information to determine potential sales of a product or service, or create a marketing campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution.
  • Economist - Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.
  • Environmental Economist - Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.
  • Real Estate & Urban Planning - Develop comprehensive plans and programs for use of land and physical facilities of jurisdictions, such as towns, cities, counties, and metropolitan areas.
  • Legislative Assistant - Develop, introduce or enact laws and statutes at the local, tribal, State, or Federal level. Includes only workers in elected positions.
  • Actuary - Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
  • Auditor - Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
  • Budget Analyst - Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.
  • Financial Analyst - Conduct quantitative analyses of information affecting investment programs of public or private institutions.
  • Underwriter - anage communications or negotiations between corporate issuers of securities and clients regarding private equity investments. Underwrite the issuance of securities to provide capital for client growth. Negotiate and structure the terms of mergers or acquisitions.
  • Graduate School
  • And more!

 

ADDITIONAL RECOMMENDATIONS

Economics is a great major because it provides a solid business foundation that can lead to a wide range of career options; however, this openness can also be troublesome when trying to narrow your focus to a few specific industries to actively pursue.  As a result, it is critical for economics majors to begin exploring their skills, values, & interests as well as various career opportunities prior to graduating.  Below is a list of common careers that economics majors often pursue as well as tips for success & exploration resources to help get you started.

  • Read all the time (Financial Times, Wall Street Journal, NY Times, etc.)
  • Build & practice your writing & verbal communication skills 
  • Improve your technical skills & knowledge through trainings on SkillSoft, Lynda.com, Career Insider (Vault), Business Insider, Wall Street Oasis, Leaders Global Network,etc. 
  • Become Lean Six Sigma certified, if relevant 
  • Begin exploring careers early.  This is something that must be done outside of the classroom
  • Create your resume during your first semester & update it every semester afterwards
  • Internships are crucial for testing out various industries & also building relevant experience on your resume
  • Consider earning a certificate to supplement your major studies
  • Attend employer networking events through Terry College & the Career Center
  • Explore study abroad options during your 1st or 2nd year

RESOURCES - INDUSTRY RESEARCH & INTERVIEW PREP

COMPANY & SALARY RESEARCH

BLOGS

BOOKS

  • Options, Futures, & Other Derivatives - John Hull
  • Security Analysis & The Intelligent Investor - Benjamin Graham
  • The Handbook of Fixed Income Securities - Frank Fabozzi
  • Liar’s Poker - Michael Lewis
  • Average is Over - Tyler Cowen
  • The Fast Track: The Insider's Guide to Winning Jobs in Management Consulting, Investment Banking, & Securities Trading - Mariam Naficy

LINKEDIN

  • Join LinkedIn groups that are relevant to your career interests.  To search, select "groups" & type in your keywords.  
  • Review the groups that professionals in your field of interest have joined & consider joining those as well.  
  • ​Start by joining the University of Georgia Economics Society group, & then expand from there.
  • To login, visit the LinkedIn main page

Supplemental Career Research Dashboard

Additional Career Research Resources

  • O*NET - The O*NET database includes information on skills, abilities, knowledges, work activities, and interests associated with over 900 occupations (Login using your 810/811)
  • Occupational Outlook Handbook - The OOH can help you find career information on duties, education and training, pay, and outlook for hundreds of occupations
  • Career Insider: Vault Guides - Vault is one of the world’s leading sources of Career Intelligence.  It can help make your efforts at researching employers, industries, and career subjects significantly easier and more efficient. Whether you are just exploring possible career paths or you are ready for your interview, Career Insider can help! (Login using your 810/811)
  • Candid Career - Whether you are just beginning to explore career options, preparing for a job interview, or looking to change careers, CandidCareer.com can help by providing you with access to thousands of informational video interviews with real professionals through an easy to use website. We can all learn from the experiences of others and the Career Center makes this valuable resource available to UGA students so they may be informed and ready for what lies ahead. (Login using your 810/811)
  • GoinGlobal - View jobs/internship in other countries and country career guides (Login using your 810/811)
  • Glassdoor - Glassdoor is a free jobs and career community that offers the world an inside look at jobs and companies. What sets us apart is our "employee generated content" – anonymous salaries, company reviews, interview questions, and more – all posted by employees, job seekers, and sometimes the companies themselves. Now with nearly 3 million salaries and reviews, you have all the information you might need to make your next career decision. 
  • Portfolium - Your work and projects are undeniable proof of your skills – Portfolium will help you learn and allow you to display the top skills graduate schools and employers want. Portfolium is where you’ll upload your work, projects, presentations and more. The UGA Career Center has pre-loaded your profile to include the top skills graduate schools and employers seek in their candidates. Log-in to your profile to see how you can build your skills!
  • Big Interview - Online practice interview platform. Practice basic interview questions or questions based on your industry interests or competencies! Also provides practice interview questions for graduate/professional schools. Just sign-up using your uga email address! 
  • Terry Connect - Terry's online mentorship platform. By creating an online profile during the active enrollment period (mid-late August) students will be matched with a mentor in their prospective industry for advice on job/internship searches, interview skills, and professional development. Students are also able to engage with alumni and each other on discussion boards and in special interest groups.  

Employment Websites

GENERAL EMPLOYMENT WEBSITES

  • Handshake - login with your UGA myID & password to search for internships & jobs
  • GoinGlobal - login with your UGA myID & password; click "GoinGlobal" to access international jobs & internships
  • Idealist - non-profit jobs
  • USAJobs - federal jobs

MAJOR & CAREER-SPECIFIC EMPLOYMENT WEBSITES

Professional Associations/Resources


GRADUATE/PROFESSIONAL SCHOOLS ATTENDED BY UGA Economics - Bachelors MAJORS FOR THE CLASS OF 2018**

To view Graduate/Professional Schools and Programs where Class of 2018 Economics - Bachelors majors have enrolled, click here


The information below represents employers and job titles from the Class of 2018 Career Outcomes Survey. To view historical Career Outcomes for this major, click here and select "Historical Data" from the navigation menu.


POSITION TITLES AND EMPLOYERS WHO HIRED THIS MAJOR (CLASS OF 2018)*


*Source: Areas above marked with an Asterisk (*) have been created utilizing data taken from the UGA Career Outcomes Survey. The "Employers Hiring...," "Job Titles of...," "Career Outcomes for...," and "Graduate/Professional Schools and Programs..." information listed above represent UGA Class of 2018 Graduates. The lists are not exhaustive and therefore do not represent all potential career options. Click here for more detailed Career Outcomes information regarding this major.