SAM AND IRENE BLACK SCHOOL OF BUSINESS

Career Paths for Business Economics and Economics Majors

Business Economics and Economics majors enjoy career opportunities in business and labor organizations, government, and academia. Economists are employed in every type of business and industry, including manufacturing, utilities, insurance, retailing, finance, and banking. 

Government at all levels is another major employer of economists. An undergraduate degree in Business Economics also is excellent preparation for law or graduate school.

A survey by the National Association of Business Economists (NABE) found that in 2000 the median base salary of an economist was $85,000, with 38 percent of respondents reporting a base salary greater than $100,000.

Excellent examples of economics careers, trend forecasts, and salary information are available in Careers in Business Economics, a publication prepared by NABE that can be downloaded free from www.nabe.com. Penn State Erie Business Economics and Economics graduates are employed by:

Employer Position
American Express Financial Advisors Financial Advisor
First Energy ServicesMarket Analyst
Fleet Bank of New York Vice President, Audit Manager
Mellon Bank Senior Trust Accountant
Navigant Consulting Senior Engagement Officer
Northwest Savings Bank Trust and Investment Officer
Price Waterhouse Coopers Consulting Associate Consultant
SAS Institute Patent Lawyer
Thomas Weisel Partners Economic Analyst
Toyota Corporation Public Policy Representative
U.S. Dept. of Economic AnalysisEconomist
U.S. Dept. Commerce Regional Economist
U.S. Dept. of Labor, BLS Field Economist
U.S. Dept. of Treasury, IRSEconomist
U.S. Postal Service Labor Relations Specialist
U.S. House of RepresentativesFinancial Servies and Tax Policy Analyst
William M. Mercer, Inc. Executive Compensation Analyst

 

Graduate schools that have accepted Business Economics
and Economics majors include:

George Mason University University of Maryland
Harvard Law SchoolUniversity of Michigan
Johns Hopkins UniversityUniversity of Pittsburgh
Penn State University 

 


Web site contact: behrend-bschool@psu.edu
Updated August 7, 2008
© 2005 The Pennsylvania State University