The Advantages To Earning An Online Economics Degree
Colleges and universities have steadily grown to accommodate the educational needs of students with job or family responsibilities which make attending on campus classes challenging. Online economic degree programs offer equally educational and rewarding courses as their traditional, brick and mortar counterparts. The added benefit of the more flexible scheduling online degree programs allow often facilitates a student’s educational and career goals. In the field of economics, students who participate in an online degree program receive nearly the same advantages as students who participate in traditional, on campus courses. Most online degree programs offer an educational experience with the same materials, instruction, and opportunities as their brick and mortar counterparts. Online economics programs provide students with all of the necessary instruction, training, and experience required to meet personal, educational, and career goals.
What Students Learn Within An Online Economics Degree Program
Students who earn online degrees in economics receive a versatile education regarding the operations of the world economy ensuring future employment. An online degree program allows students to gain an increased understanding of the world economy through the combination of history, sociology, and psychology. Core courses in business, international economics, mathematics, computer science, legal studies, microeconomics, macroeconomics, econometrics, and statistics, with concentrations in business law, financial analysis, and consumer behavior provide the educational basis for future career success. At a graduate level, courses like econometrics, international economics, and labor economics, combined with internships or part time employment within economic consulting or research firms, government agencies, or other financial institutions help students gain expertise necessary for future employment.
Prospective Jobs For Graduates With Economic Degrees
Students who graduate with an economics degree can build careers in a large range of occupations. Many economics degree graduates work as financial analysts, economic consultants, financial controllers, treasurers of banks, or even begin their own businesses as entrepreneurs. With additional training, completion of a graduate degree program, or upon gaining work experience, many economic degree graduates find employment in positions as upper level management and executives, or even as professors or researchers within academic settings.
Salary Range For Graduates With Economic Degrees
According to the U.S. Bureau of Labor and Statistics, the median annual salary range is between $49,390 and $113,590 for economists depending upon sector of employment and geographic location. Starting salaries generally begin at a rate less than $44,050, though there are exceptions for select geographic areas where local pay is significantly higher. The highest earning economists have salaries over $149,110.
Career Outlook And Advancement For Economic Degree Graduates
Employment for economists is predicted to grow at a slower than average rate in comparison to other occupations though the demand for knowledgeable economists is expected to increase. Individuals who complete graduate degree programs in economics are expect to have a better than average rate of employment. Individuals with a degree in economics may advance to administrative or research positions with greater responsibilities as they gain relative knowledge and work experience. Economic degree graduates who specialize their degrees and work as financial analysts, market analysts, public policy consultants, researchers, or purchasing managers, also find an increase in prospective employment. Economists seeking employment for highly competitive government jobs are expected to have more difficulty finding jobs than those in private industries. Many economists may find plentiful job opportunities as consultants who analyze and forecast business, sales, and other aspects of finance, as the complexity of global economies and economic trends increase.