UGA Specific Information for Economics

Economics is the study of people and choices. It 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 2022 Career Outcomes for Economics*

** Includes Self-Employed


Campus Resources

Economics Student Organizations

  • Apollo Society* - open to 2nd year students interested in investment & financial markets 
    • Kennedy Program* - open to 1st year students interested in finance & accounting
  • Corsair Society* - open to 3rd & 4th year students though entry is highly competitive, develops and connects members with alumni in areas of investment banking and consulting
  • Economics Society - open to all students, learn about the various areas of Economics from employer speakers and campus partners
  • Society of Business Intelligence -  focused on developing and building the "hard" skills of all business and non-business students, which include data analytics skills such as Tableau, data visualization, SAS, and many more
  • Society of Entrepreneurs - connects students to resources of the Entrepreneurship Program and the Athens entrepreneurial community
  • Terry Student Researchers - focused on research and creating knowledge on issues affecting the University of Georgia campus and the local Athens community through semester-long research projects either designed by a current TSR member or developed in partnership with another student organization
  • Women in Economicsa community of students who are passionate about economics, offering women the opportunity to network with companies, develop professional skills, and tips & advice for navigating college

* Application required

Consulting Student Organizations

  • Terry Student Consulting - in addition to working with actual clients in a professional environment, develops its members knowledge of consulting through presentations, workshops, and guest speakers
  • Triple Impact Consulting - a student-led club with the mission of equipping members with tools to analyze and better understand the intersection between business and sustainability

Other Terry Student Organizations

  • Atlas Business Society* - open to 1st & 2nd year students, focused on developing business skills & professional etiquette
    • Magellan Program* - open to 1st year students, semester-long program focused on developing business skills & professional etiquette 
  • Alpha Kappa Psi - co-ed professional business fraternity
  • Delta Sigma Pi - co-ed professional business fraternity
  • Finance Society - open to all students, learn about the various areas of finance from employer speakers 
  • Multicultural Business Student Association - open to all students, caters to and develops the professional needs of business students from diverse backgrounds
  • Student Financial Planning Association - open to all students, focuses on connecting students with employers and faculty & building a community of young professionals with an interest in financial planning
  • Women in Finance - open to all students, prepares students from all majors for careers in finance through numerous networking events, socials, and interactive workshops

* Appication required


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 - Manage 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 programs including the Master of Science in Business Analytics (MSBA), the Master of Arts in Economics (MA Econ), and the Master of Business Administration (MBA) - note: most MBA programs require at least 2 years of work experience prior to admittance
  • 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.

  • Consume financial news on a daily basis to build your market and industry fluency (don't wait to take FINA 3000 to begin talking the talk)

  • Attend employer networking events through Terry College & the Career Center starting your first semester on campus. Build your industry awareness and self-confidence by engaging employers early

  • Know your Recruiting Timeline:

    • Investment Banking - begins in the Spring semester a full year prior to a Summer internship (i.e. Spring 2022 for Summer 2023 opportunities) and runs into mid-Summer

    • Commercial Banking, Corporate Finance, & Consulting - begins in late July and runs into late September for the next year's Summer opportunities

  • Improve your technical skills & knowledge through trainings on LinkedIn Learning
  • Become Lean Six Sigma and/or Bloomberg Terminal 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
  • Explore study abroad options during your 1st or 2nd year

RESOURCES - INDUSTRY RESEARCH & INTERVIEW PREP

  • Economics News & Resources
    • Bureau of Economic Analysis - a unit of the US Department of Commerce that provides official macroeconomic and industry statistics, most notably reports about the gross domestic product (GDP) of the United States and its various units—states, cities/towns/townships/villages/counties, and metropolitan areas. They also provide information about personal income, corporate profits, and government spending in their National Income and Product Accounts (NIPAs)

    • Bureau of Labor Statistics - a unit of the US Department of Labor and the principal fact-finding agency for the US government in the broad field of labor economics and statistics 

    • CATO Institute - an American libertarian think thank that publishes books, podcasts, and more with a focus on public advocacy, media exposure and societal influence

    • The Economist - a British weekly newspaper that focuses on current affairs, international business, politics, technology, and culture that takes a stance primarily around classical, social, and most notably economic liberalism

    • National Bureau of Economic Research - conducts and disseminates nonpartisan economic research

    • Crash Course: Economics - YouTube playlist explaining various aspects of Economics in entertaining 10-15 minute snippets

  • General Finance News
    • Bloomberg
      • Note: Released in 1982, the Bloomberg Terminal has become synonymous with the financial services sector. A computer software system provided by the financial data vendor Bloomberg L.P., it enables financial services professionals to access Bloomberg professional Service through which users can monitor and analyze real-time financial market data and place trades on the electronic trading platform. They are quite pricey, costing $20k per year per terminal to operate. Terry College has 12 Bloomberg Terminals in its Benn Capital Markets Lab and students can receive a Bloomberg certification (helpful in competing for investment banking and analyst internships, especially based in the Northeast). Bloomberg Terminals are particularly notable for their dark-background interface and unique custom keyboards with bright yellow and green keys 
    • ​The Deal - subscription-based Financial News service that covers corporate transactions, dealmakers and their advisers to help readers identify opportunities and build their business.
    • Financial Times - daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England and famous for its broadsheet's light pink hue.
    • New York Times' DealBook - financial news service reporting on mergers, acquisitions, venture capital and hedge funds produced by The New York Times
    • McKinsey Quarterly - first published in 1964, it's a business magazine aimed toward senior executives with a focus on management and organizational theory. Authored primarily by McKinsey & Co consultants and former consultants
    • Mergers & Inquisitions - backed by Breaking Into WallStreet, the world's first and largest blog dedicated to careers in the finance industry with a free weekly newsletter featuring interviews 
    • MorningBrew - free daily newsletter that captures financial news in bite-sized, easily digestible snippets. Also produce podcasts and videos.
    • Deal Breaker - publishes financial news, commentary, and analysis about banks, hedge funds, private equity, MBAs, and lifestyle
    • The Wall Street Journal MoneyBeat - provides financial information, business news, analysis, and stock market data
  • Stock Market Coverage
    • Market Watch - provides financial information, business news, analysis, and stock market data. A subsidiary of Dow Jones & Company, along with The Wall Street Journal and Barron's
    • Seeking Alpha - crowd-sourced content service for financial markets started back in 2004, focused on stocks, asset classes, exchange-traded funds, and investment strategies
    • Bloomberg Markets
    • WSJ Markets
  • Finance Training Courses

Note: the above courses can be costly and are sometimes included as a part of Terry major coursework or student organization membership. They are listed here for the sake of transparency as individuals may choose to purchase them individually.

CONSULTING & CASE INTERVIEW PREP

  • Ace the Case ($$) - case interview questions and solutions for practice interview prep
  • ArgoPoint - case interview tips
  • Case In Point: Complete Case Interview Preparation by Marc Cosentino ($$) - demystifies the case interview process used for recruiting in consulting, private equity, strategic planning, marketing, logistic, operations, and human capital. This book takes you inside a typical interview by exploring the various types of case questions
  • Management Consulted - YouTube page featuring a library of case interview examples from McKinsey, Bain, BCG, Deloitte, and more, covering all types of case studies: profitability, market study, market sizing, and M&A

BOOKS & PODCASTS

  • 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
  • Podcasts

Supplemental Career Research Dashboard

Additional Career Research Resources

  • O*NET Online – The O*NET database includes information on skills, abilities, knowledge, work activities, and interests associated with over 900 occupations.
  • My Next Move – An interactive tool for students and job seekers to learn more about their career options.
  • Occupational Outlook Handbook – The OOH is a career resource offering information on the hundreds of occupations that provide most of jobs in the United States.
  • Vault – Vault.com provides in-depth intelligence on what it’s really like to work in an industry, company, or profession – and how to position yourself to land that job.
  • Candid Career – This resource provides you with access to thousands of informational video interviews with real professionals through an easy-to-use website.
  • UGA Mentor Program – Connect with a mentor (alumni, faculty, staff) to research and explore industries and careers. Research industries and careers by connecting with a mentor for a quick chat or formal 16-week mentorship through the UGA Mentor Program.
  • Interstride - Interstride is an interactive tool for both international and domestic students to enhance their international experience and employment potential. The platform consists of job-listings, hiring trends, employer information, self-assessments, and up-to-date immigration guidance.
  • Glassdoor - Glassdoor is a free jobs and career community that offers an inside look at jobs and companies through "employee generated content" – anonymous salaries, company reviews, interview questions, and more – all posted by employees and job seekers.
  • Steppingblocks - Research your future career with real-world stats about your major, your interests, and your dream job title with career and education searches designed to find your best path based on millions of others. It’s data-powered career exploration for doers like you.
  • Terry Connect -  TerryConnect was created to bridge Terry students and an international network of more than 75,000 alumni, all eager to network and support those connected to the Terry College of Business. TerryConnect provides students access to Terry’s influential alumni base to build connections that lead to both information and opportunities. Students can inquire about possible connections by emailing Sharen Phinney, Director of Undergraduate Student Services, at sphinney@uga.edu. Via TerryConnect, you can:
    • Connect with successful alumni for career advice and assistance
    • Gain real-world insight into how your field of study translates to the workplace
    • Start building your professional network now

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

Employers/Position Title Reported by Class of 2022 Economics majors

The information below represents employers and position titles from the Class of 2022 Career Outcomes Survey. To view historical Career Outcomes for this major, click here and select "Historical Data" from the navigation menu.

Employer Position Title(s)
Abelian Partners Analyst
Accenture Procurement Advisory Analyst
Alight Solutions Health Client Specialist
Alight Solutions Wealth Client Specialist
alliantgroup Associate Consultant
alliantgroup Associate Consultant
Ally Financial Auto Finance Leadership Development Trainee
Anthem Inc. Engineer I
Apprise by Walker and Dunlop Commercial Valuation Associate
Associated Appraisers of Walla Walla Appraisal Trainee
Athens Health and Fitness Director of Club Services
Atlanta Bone and Joint Specialists Intern
Bain & Company Associate Consultant
Bain & Company Associate Consultant
Bain & Company Associate Consultant
Bauman & Company LLC Financial Analyst
BBQGuys Finance and Pricing Analyst
BlackRock Aladdin Client Services Analyst
BlackRock Analyst
Ceto Consultant
CGI Consultant
Chick-fil-A Hospitality Director
Cisco Graduate Data Scientist
Citibank Treasury and Trade Solutions Analyst
CMSPI Payments Analyst
CMSPI Payments Analyst
Cognizant Business Analyst
Community Brands Business Development Representative
Community of Madrid Auxiliary
Corporate flight management First-Officer
Deloitte Business Analyst
Deloitte Government and Public Service Analyst
Deloitte Analyst
Deloitte Analyst I
Deloitte Business Valuation Analyst
Delta Air Lines Commercial Strategy Analyst
Democratic Governors Association Compliance Assistant
Department of Justice Paralegal
Duff & Phelps LLC Transfer Pricing Analyst
Eagle Creek Lands LLC Acquisition Manager and Sales Representative
Enterprise Rent-A-Car Management Trainee
Epic Systems Technical Solutions Engineer
EY Business Consultant
FanDuel Associate Product Manager
Fischer Homes Field Manager
Fleetcor Technologies Product Analyst
General Motors Software Developer
Genesis Global Software Developer
Georgia Department of Corrections Budget Analyst
Georgia Institute of Technology Recruiting Intern
Georgia-Pacific LLC Mergers and Acquisitions Associate
GFA Financial Advisor Trainee
Grant Thornton LLP Risk Advisory Associate
Grant Thornton LLP Transaction Advisory Services Associate
Greystone Underwriting Analyst
Hub International Financial Analyst
Indigo Energy Supply and Logistics Analyst
Insight Global Professional Recruiter
INTERNATIONAL ASSOCIATION OF FIREFIGHTERS Research Analyst
Invesco US Associate Operational Resilience
John Hancock Internal Sales Consultant
Kaimanana Beach Hotel Host
Keller Williams Realty, Inc. Real Estate Intern
Kelly Mitchell Group Account Engagement Manager
KPMG Strategy Advisory Associate
KPMG Advisory Associate
KPMG Business Development Associate
KPMG Associate
KPMG Financial Services Solutions Consultant
KPRC Media Sales Planner
Mansfield Energy Corp Risk Analyst
Marsh Mclennan Associate
Merlinos Risk Analyst
Microsoft Research Assistant
MiQ Associate Programmatic Trader
MountainSeed Data Analyst
MTT Data Services Consultant
Myers-Holum Inc. Business Analyst
National Cash Register Associate Business Consultant
NCR Corporation Project Manager
NCR Corporation Software Engineer
NCR Corporation Software Engineer
NCR Corporation Inside Sales Specialist
NetPlanner Systems Inc. Administrative Assistant
Newell Brands Sourcing Analyst
Newell Brands Demand Planning Analyst
Newmark Valuation and Advisory Analyst
Newmark Workplace Associate
Norfolk Southern Market Analyst Trainee
North Georgia Marketing Field Organizer
Northpoint Commercial Finance Account Service Coordinator
Office of Congressman Andrew Clyde (GA-09) Staff Assistant
Office of the State Treasurer Program Specialist
OneTrust Implementation Consultant
PricewaterhouseCoopers Transfer Pricing Associate
PricewaterhouseCoopers Transfer Pricing Consultant
PricewaterhouseCoopers Associate Consultant
PrideStaff Recruiter
Publicis Sapient Junior Associate Product Manager
REMS Group Buy-side Financial Analyst
Restoration Hardware Gallery Curating Associate
reThought Insurance Underwriting Assistant
RSM US LLP Associate Consultant
RT Specialty Account Administrator
Schklar & Heim, LLC Legal Assistant
Sharecare Innovation Fellow
Snyk Sales Development Representative
STI Consulting Consultant
Summit Materials Financial Analyst
SunChemical Process Operator
The Home Depot Data Analyst
The Home Depot Data Analyst
The Sahara Las Vegas Table Games Dealer
Tie Down Junior Assistant Controller
Trilliant Health Junior Product Manager
Trimont Real Estate Advisors Analyst
Truist Wealth Analyst
Truist Wealth Analyst
Tyler Technologies Associate Project Manager
University of Georgia Small Business Development Center Outreach Specialist
University of Tennessee RUF Intern
UPS Consolidation Specialist
US Department of Treasury Economic Analyst
Veryable Business Development Associate
Wells Fargo Commercial Capital Analyst
Wells Fargo Real Estate Analyst
William Mills Agency Account Coordinator
Willis Towers Watson Associate Broker
Wolf Rifkin Schulman Shapiro Rabkin LLC Legal Assistant
Xero Solar Account Manager
* denotes no responses received.

*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 2022 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.

Graduate/Professional Schools attended by Class of 2022 Economics majors

The information below represents graduate/professional schools and programs reported through the Class of 2022 Career Outcomes Survey. To view historical Career Outcomes for this major, click here and select "Historical Data" from the navigation menu.

Graduate School Program(s)
Drexel University Medicine, MD
Duke University Quantitative Management: Business Analytics, Master's
Emory University Business Analytics, Not Specified
Emory University Law, JD
Georgetown University Law, JD
Georgia Institute of Technology Cybersecurity, Not Specified
Georgia State University Applied Econometrics and Analytics, MA
Georgia State University Law, JD
Georgia State University Law, JD
Georgia State University Law, JD
Indiana University Bloomington Law, JD
Lincoln Memorial University Osteopathic Medicine, DO
London School of Economics and Political Science Development Management, MS
Mercer University Medicine, MD
Mercer University Not Specified
Mercer University Not Specified
Mercer University Atlanta Not Specified
North Carolina State University Economics, MEc
Not Specified Not Specified
Not Specified Not Specified
Not Specified Not Specified
Rio Hondo College Environmental Science, Not Specified
Tulane University Law, JD
University of Georgia Not Specified, MSBA
University of Georgia Financial Planning, MS
University of Georgia Business Analytics, MSBA
University of Georgia Public Administration, Master's
University of Georgia Kinesiology, Master's
University of Georgia Law, JD
University of Georgia Law, JD
University of Georgia Economics, PhD
University of Georgia Law, JD
University of Georgia Law, JD
University of Georgia Law, JD
University of Georgia Public Administration, MPA
University of Georgia Business Administration, MSBA
University of Iowa Law, JD
University of Michigan - Ann Arbor Stem Master of Business Administration, MBA
University of St Gallen Not Specified, Master's
University of Texas At Austin Law, JD
University of Virginia Business/Commerce, MS
Vanderbilt University Economics, Not Specified
Vanderbilt University Law, JD
Vanderbilt University Law, JD
William and Mary Law, JD
* denotes no responses received.