Overview

A master’s degree or Ph.D. is required for most economist jobs, but some entry-level jobs are available with a bachelor’s degree. Candidates with a bachelor’s degree qualify for some entry-level economist positions, including jobs with the federal government. Most who complete a bachelor’s degree in economics find jobs outside the economics profession as research assistants, financial analysts, market analysts, and similar positions in business and finance.

Positions in business, research, or international organizations often require a combination of advanced education and work experience. Students can pursue an advanced degree in economics with a bachelor’s degree in a number of fields, but a strong background in math is essential. A Ph.D. in economics requires several years of study after earning a bachelor's degree, including doing detailed research in a specialty field. Aspiring economists can gain valuable experience from internships that involve gathering and analyzing data, conducting interviews and surveys, and writing reports on their findings.

What are Economists like?

Enterprising

Based on our pool of users, economists tend to be predominately enterprising people. Take our career test to see what career interest category best describes you.

Economists by Strongest Interest Archetype

Based on sample of 952 Sokanu users

Are Economists happy?

37%Happy

Economists rank among the least happy careers. Overall they rank in the 37th percentile of careers for satisfaction scores.

Economist Career Satisfaction by Dimension

Percentile among all careers

Education History of Economists

The most common degree held by economists is Economics. 14% of economists had a degree in economics before becoming economists. That is over 4 times the average across all careers. Finance graduates are the second most common among economists, representing 3% of economists in the Sokanu user base, which is 1.7 times the average.

Economist Education History

This table shows which degrees people earn before becoming an Economist, compared to how often those degrees are obtained by people who earn at least one post secondary degree.

Degree % of economists % of population Multiple
Economics 14.0% 3.7% 3.8×
Finance 3.3% 1.9% 1.7×
International Relations 2.1% 1.4% 1.5×
Political Science 2.0% 2.8% 0.7×
Business Management And Administration 1.7% 6.2% 0.3×
Business Economics 1.7% 0.7% 2.4×
Mathematics 1.4% 1.7% 0.8×
Philosophy And Religious Studies 1.2% 1.5% 0.8×
Public Policy 1.0% 0.3% 3.1×

Economist Education Levels

58% of economists have a doctorate degree. 33% of economists have a master's degree.

No education 0%
High school diploma 0%
Associate's degree 0%
Bachelor's degree 8%
Master's degree 33%
Doctorate degree 58%

How to Become an Economist

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