What are my job prospects upon being a fresh graduate with a degree in Economics ? Is the job scope wide and easy to find a gud paying job in malaysia? Is it even advisable to approach this program at all?

Thank you.

First of all, what is your aim and ambition?

Do you really want to be an economist?

Or you are not sure what you want to do and just simply take a degree in Economic?

For example, some with econs degree ended up working in factories/offices. If like that no need to study econs la, just study Business Admin will do.

If you wanna to become an economist, you must aim to further your studies until postgraduate level, eg. PhD in Economics. Then you will be respected as an economist. Then you can work in the World Bank or as an economic advisor to our PM. Or even an economic advisor to the US President.

I wish I have such lofty ambitions to state confidently at present, haha. I can't promise to study beyond masters at this point but I'm just pretty clueless about the econs field and what it really offers to me in terms of career aspects when I graduate. I notice econs graduate are pretty scarce so I wondered if they're in true demand at present, and I do not mind putting in effort to excel if I choose to study this since it's the top of my mind now, lol.

I do not need to be a world-sought after Economist, just a pretty decent paying job will do at this point. Common jobs are analysts n management positions I suppose? Or would you say it is better to study in banking, finance and accounting, as common as it is? Ahh corporate jobs lol.

.... what do u want to do in the future... this question should be answered....

.. what do you like.. this too...

there are tooo many people that choose base on market demand/money/profit....

in the end it's ur life, and do u want to stuck 4 years doing something you hate/don't like and come out gaining nothing from it?

Broadly, the prospects for someone with a B Economics degree are somewhat similar to that of Finance/Commerce/Management/Business graduates. You'll (almost certainly) not be denied any position that anyone with those sorts of degrees can get on the basis of your Economics degree.

If you took a job like that it would be what I'd describe as a "normal" or average job - since so many different types of people can get many of those types of jobs (sometimes even without a degree, let alone one in Economics). But it is a big pool - it could be a decent job like a graduate management position, a trader, an investment analyst, a banker, or it could be less impressive, like a job in operations, or administration, where no important decision making is involved.

What would set you apart (though not necessarily be desirable, unless you were heavily interested in Economics post-degree) might be an Economist position in a bank or research or investment firm, although that might require further qualifications. Let's not even discuss academia since technically that path is open to anyone who goes to university.

Then there are those non-traditional paths people take after their degree, to become Accountants, Auditors, or Actuaries.

I think there's not much you can use of Economics in most jobs. The important bits have already been exported to Accounting, Finance, Management and Business Administration etc. You'll be hired for your analytical ability if that's what the job requires, otherwise you'll end up no different than the vast majority of Commerce/Management/Business graduates.

I believe LightningFist above has answered your question well enough.

Don't worry about the job opportunities available for an Econs graduate. There are abundant of job opportunities for you.

An Econs graduate can get corporate jobs such as business analyst, financial analyst, management consultant, or any administrative roles where even a business admin graduate can get.

An Econs graduate can even work in an accounting firm as an auditor or as a tax consultant. If you do that, your employer will ask you to study an accounting professional qualification as you work for them. Even an accounting graduate would have to do that because one cannot call himself a Chartered Accountant unless he is professionally qualified.

An Econs graduate can even work in banks, investment banks, research firms, as investment banker or financial analyst. If this is your aim, you might want to consider studying for a CFA while you work. Or probably, your employer will ask you to do so. Even a finance graduate will be asked by their employer to study a CFA (Chartered Financial Analyst).

An Econs graduate can even work in the academia as a lecturer or as a research fellow. With that you need a PhD in Economics. But then again, having a PhD does not restrict you to academia. It just opens up your opportunities. You can then eye a position as an economic advisor to Obama.

So, I don't see any problem if you want to pursue an economic degree. The opportunities are wide.

Good luck in your endeavour!

To go far in academia you would need a PhD. But you don't actually need to have a PhD to teach at undergraduate level... suppose you don't know how far you'll study at this point. It doesn't matter. Maybe during your BEcon you discover you like to research (and teach) Economics, but in an academic setting and not for an investment firm or bank, or you're not even sure, but you aren't ready to work... then you might want to pursue an MEcon and after that, if you haven't decided you want to go outside of academia, you can teach while pursuing a doctorate. Anything can happen. There are opportunities in Business schools and Economics schools, there is also work outside academia, but everything is relatively competitive.

A big thank you to you guys, I really really appreciate the feedback. Will take into serious consideration within the short time I have. Loving this!

Hi,everyone.
I am quite interested in econs as well.But i am wondering whether should i choose for Bsc.Economics or BA Business economics and finance? both of this undergraduate courses has captured my attention~which course do u all think is better in term of job prospect? Both of the courses are fine with me as i feel so interested.However due to the restrain of time,i could only choose either one.So,i sincerely seeking for opinions from experienced members~ thank you in advance =)

If you truly want to specialise in Econs, take the BSc Econs.

Take the double major only if you are unsure.

One disadvantage of taking a double major is that the subjects covered in the syllabus tend to be broad and general from both fields. It is akin to a jack of all trades but master of none. Unless you are required to spend more semesters/subjects in this degree then perhaps it is safe to say the coverage is deep enough.

I suggest that you should look at the syllabus and compare the coverage of the syllabus of both programs.

They aren't that different in terms of prospects, but if you wanted to study graduate Economics (which you don't know now, of course), then the pure Econ degree would be more helpful.

Otherwise you could get the same jobs studying either degree.

But, it seems like out there many peoples or teachers saying that graduates with degree in econs is very hard to survive and to get a job? n yet they said econs is not easy n quite difficult to study? so, actually what econs can benefits those who study in its?it makes me confusing as I plan to study econs~ but many bad comments and views that make me feel upset and worry of choosing wrong course~ so, sincerely hope to get some helps form experienced one here? please n thanks a lot!

I'm currently a BA Economics student (entering Year 2 this coming semester). About whether is hard to study a not, there's really not absolute answers. To some people like my coursemates having hardtime understanding the concepts. But for some for them are very easy. As for the job, for me I THINK that Economics certs are very general just like some other certs like business, finance etc as mentioned above and of course with just a DEGREE in economics you can't call yourself an economist yet and whether you can get a job a not, i think in the end is depend on how hard are you willing to look for the job and ur performance in interview and luck. i have seniors that graduated some can get jobs easily in banks or other financial institution but some din't manage to get any job yet.

Hi, bro, i was in ur shoes too, once. IF Econs is truly your passion, go for it. Why i say so is because to succeed in life, you must really do what you desire most, its something like i deprive you off seeing ur gf for 2 months, you will feel like dying, tht kind of feeling. lol. I felt that bad comments SHOULD not deter you from pursuing your passion. Look around you, there are many successful entrepreneurs whom are Econs graduate. You have to look beyond yuself in future if you want to aim for success. SP Setia's cheiftain Tan Sri Liew is an economist frm UM, Tan Sri Zeti, our governor of cetral bank is also an economist.

What i do think that, dont just think bout money prospects when choosing a degree course of choice, look beyond that, see through your passion. People says Engineering, Sciences like Medical, Dentist are awesome jobs, why are they still mediocre people and excellent achievers in these fields? Passion does the answering for that question above.

By the way, when a job is deemed to be the "hotshot" job, it will probably reach its maximum boom within years, even before you have graduated, by the time you have graduated, its a different story. Look at IT in the Y2K boom. More recently, look at what happen to the investment banking industry in New York, particularly Wall street.

There are many jobs out there for business graduates including Econs. Even if you do not find a job directly related to your degree, you can always find a job in the business field. With globalisation, Econs graduates have a good understanding of how the global issues affect the local economies. Econs is difficult to those who do not have the foundation for it. For example, if you are not good in Maths & Physics then you should not do engineering or if you are not good in English, then don't be an English teacher. Nothing is ever so easy, you need passion and hard work to succeed, and ofcourse some luck.

A lot of people have graduated and do no work in the field that they graduate in.

Economics at the higher level is hard. Particularly the Mathemathical and Statistical aspects. Not as hard as some intense subjects (like Mathematical Physics, Theoretical Physics, Pure Mathematics etc), but certainly harder than softer subjects (in a different way) like Business, Management, Marketing, Arts if you're good at essays.

I wonder if you've ever studied Economics.

It's not comparable to a subject like Maths... as in the majority of early-year/introductory Maths courses at university will require a degree of background, while it is the complete opposite for the vast majority of early-year/introductory (undergraduate) Economics classes (the same for Finance, Accounting, Business). There won't normally be assumed knowledge. And this applies to core subjects.

In other words, Economics isn't on average very hard for students without a background in it. Some people with graduate degrees in Economics didn't even do undergrad Econ degrees (but obviously a diploma or relevant qualifications/experience is required to do such degrees at any reputable institution).