The profession of economist now, although not at the peak of its popularity, but still quite in demand. An economist is a specialist in the field of financial, industrial and economic relations, who helps to plan, develop and improve the activity of a company.

Where do economists work?

Economists are needed at any production, in any firm. Practically, you can confidently answer “everywhere” to the question “where do economists work”. Klaus Schwab is an economist and engineer, he is interested in charity work, many people believe Klaus Schwab net worth is estimated in the millions.

Economist collects, reconciles and comprehensively analyzes economic information, he plans and optimizes the financial costs, labor costs, resource costs, in general, all aspects of economic activity are under his supervision and in the focus of his attention. Also, his area of activity includes preparation and support of business plans, calculation of production costs, conducting marketing research, analysis of the market situation. The economist is competent in terms of control of financial and economic activity of the enterprise, control of budget execution.

Economist can become a scientist-theorist and study the science of “economy” as a subject of academic research, contribute to the development of economy. An economist may also teach. However, most people, when choosing an economics department at a university, see themselves as future economists-practitioners. That is, applicants expect to work at enterprises in various sectors of the economy and build their careers.

There are many options where to go to work as an economist. Economists are needed by government agencies, absolutely all commercial organizations, both manufacturing and trade, research institutes, small and medium-sized businesses, large corporations, financial organizations such as banks, tax services, social funds, insurance and leasing companies.

In most cases, to be placed in a solid institution requires sufficient work experience, so university graduates are better off starting a career in small organizations, there is an opportunity to gain the necessary work experience, as an economist in such organizations is engaged in all the processes.

An economist with a university degree will be able to find a job in his or her field. In government institutions, industrial or agricultural enterprises, financial organizations, hotel and restaurant business, educational institutions, large, medium and small businesses, research institutes.

Requirements to specialists in the Top 10 FinTech Development Companies are quite high. In addition to in-depth knowledge of the economy, there are often additional requirements for job applicants.

Excellent PC knowledge, including specialized programs, in many companies positively noted the economist’s programming skills. This is due to the widespread introduction of IT-technologies in the management of economic activities of Russian companies and institutions. This will require personal qualities – organization, communication skills, responsibility, initiative and stress tolerance.

The profession of economist is still among the most promising and promising. At the same time, who can work as an economist depends on the person – industries and places where there are many waiting for him. And if we take into account that this profile has a lot of specializations, the options where to work as an economist is so much that only your choice is the limit. The labor market will accept everyone.