How a Master’s in Applied Economics Opens Up Job Opportunities

Kiran Singh

The decision to get a master’s degree after completing an undergraduate program is a big step. As you consider diving back into the books, consider applying to a Master of Science in Applied Economics (MSAE) program to provide a range of work options after graduation.

How a Master’s in Applied Economics Opens Up Job Opportunities

Gain Valuable Skills with an MSAE

While pursuing your master’s degree in Applied Economics at a distinguished institution like Boston College, expect to take courses in public financing, environmental economics, managerial finances, and more. That is a wide range of topics, with a focus on solving resource-based and financial issues using economic tools.

The insights gained through the program provide a strong knowledge base that makes you a potential candidate for several different positions, including those mentioned in the next section. As well, a master’s degree is one that future employers will respect for the time and effort it takes to complete, and the academic accomplishment can help you build a network of professionals who can provide a new job opportunity in the future.

What Jobs Does a Master’s in Applied Economics Qualify You For?

The economic theory and practical applications of it that you study in-depth in a college setting are transferrable to many work positions. It is essential that you see the master’s program through to the end and graduate; then, you can add the degree to your resume to qualify you for specific jobs.

To answer the question of what jobs can you get with an economics degree, they range from working for local governments to nonprofit organizations or large corporations. The type of work environment you choose will depend on your career goals, personal preferences, salary expectations, and other factors.

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The two areas that those with a Master of Science in Applied Economics degree typically work in are academia or for research and advocacy institutes. Here are a few examples:

Analytics Work

The analytical and data collection skills that you gain while in school can make you an invaluable part of an analytics team, for example. A statistician or trends predictor is two fulfilling ways to work in analytics.

The information you provide an organization about the future in either job role has the potential to drive business decisions and help companies stay on top of trends to increase revenue. If your analytics work is for the government, on the other hand, can impact internal publications as well as being a crucial part of publications.

Become a Teacher

An economics professor is another career option. While some MSAE degree graduates teach full time, others balance classroom duties with research work.

Opportunities exist to teach at both the undergraduate and graduate level after getting your master’s in Applied Economics. This role is challenging as it requires staying current on economic issues and trends, as well as preparing curriculums and grading papers.

However, being a teacher is fulfilling as well, in many ways. No matter the age of the student, an instructor can make a positive impact on their life, encouraging their academic growth and love of learning. Teachers are also well-regarded in the community and bring experiences to a class that can make them role models.

In the Tech Field

The tech industry continues to broaden with each innovation to the Internet, hardware, or software. With technology being a mainstay in so many areas of life today, from recreational to professional, it’s not going anywhere.

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Thus, working as an economist for a tech firm is a viable option for many graduates of an MSAE program like what Boston College provides. In this role, expect to make projections based on a detailed analysis of consumer data. By working with organizations in this way, your actions can improve business activities on many levels, whether it be sales, internal productivity, or another area of the company.

About Your Career Path

The jobs detailed above illustrate the many opportunities available to those who hold a Master of Science in Applied Economics degree. Knowing which jobs you qualify for post-grad can motivate you through school and beyond as you think of what lays ahead. Wishing you all the best in your career!

*Do connect with me on TikTok at @KiranSinghUK and Instagram at @KiranSinghUK for behind the scenes, daily updates, inspiration and more!

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