SAM AND IRENE BLACK SCHOOL OF BUSINESS

Career Paths for Economics Majors

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 Services Market 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 Analysis Economist
U.S. Dept. Commerce Regional Economist
U.S. Dept. of Labor, BLS  Field Economist
U.S. Dept. of Treasury, IRS Economist
U.S. Postal Service  Labor Relations Specialist
U.S. House of Representatives Financial 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 School University of Michigan
Johns Hopkins University University of Pittsburgh
Penn State University  

 


Web site contact: behrend-bschool@psu.edu
Updated September 28, 2006
© 2005 The Pennsylvania State University