Knowing and exploring different kinds of career options is the best method to have a stable career and decent pay. However, economics is not just about money; it includes much more than you can ever imagine. It lets you investigate the history, current state, and future trends of models that benefit governments, enterprises, and individuals.
Economists help stakeholders make good decisions and follow inclusive and pre-social approaches. Moreover, they study the economy and its related issues, like unemployment, business development, resources, etc.
Economics as a career option can offer numerous job opportunities. And don’t worry if you have Humanities in class 12th! Humanities with Economics can also provide some lucrative career choices. Furthermore, Humanities with Economics can help improve business processes, R&D Investment, incentives, cost, market size, etc.
Today, we will discuss whether you must take Humanities with Economics or not. Further, we will also shed light on the best career alternatives in Humanities with Economics. So, make sure you read the article till the end!
Why Study Humanities?
A degree in Humanities will help you have several career options after the 12th. The degree will equip you with industry-relevant skills like communication, creativity, problem-solving, critical thinking, etc., which are in demand.
Moreover, Humanities stream subjects align with different areas of study like Economics. Interestingly, a combination of hard and soft skills is becoming imperative in many organizations these days. Thus, taking up Humanities after 12th will help you acquire the appropriate skills to succeed and thrive in the competitive workforce.
Why Study Economics?
Economics as a subject forms and lays down the foundations of the Indian economy. Thus, it is considered a significant subject offering several benefits from a career point of view.
Have a look at some of the critical aspects and stats regarding Economics.
- Regarding jobs, the employment rates in Economics will grow by 78% by the year 2030. Presently, there are almost 10,000 job openings in this field.
- Studies show that 95.6% of people with an Economics degree are employed and earning more than others.
- Upon having an Economics degree, one can earn between INR 2-20 Lakhs depending on their skills, expertise, and knowledge.
Economics is one of the sought-after career choices due to its high-paid jobs nationally and internationally. Now you must be thinking about the best career alternatives. Well, the following section talks about the same!
Career Options of Humanities with Economics
Economics is one subject within which everything seems possible. Consequently, it is highly in demand and forms the core of numerous employment opportunities.
Today, many organizations don’t even give a second thought before hiring individuals with an Economic degree because they believe that they have considerable skills like problem-solving, logical thinking, communication, etc.
Below are the top career options if you plan to take Economics after Humanities in class 12th.
- Economist
This is one of the best career options for individuals having Humanities with Economics. Being an Economist, you will overlook and collect confidential information about the company. The details can be from various economic aspects such as interest rates, transport, health, insurance, taxation, etc. You will also engage in evolving hypotheses for numerous issues and assist stakeholders by offering your knowledge and expertise. The company may later use your research and analysis to fulfill its short-term and long-term goals.
- External/ Internal Auditor
As an auditor, you will examine financial statements and records to assure the companies, market regulators, and investors of their sustainability through your recommendations, suggestions, and advice. This will help them avoid being tapped into fraud and financial risks. Furthermore, the role of an external or internal auditor can also provide assets and advantages to numerous advisory and accounting firms.
- Data Analyst
This is yet another field taken by many individuals. Being a Data Analyst, you will have various roles and responsibilities, such as organizing, processing, cleaning, validating, and analyzing the data.
You will also collaborate with numerous Business and IT Teams along with enhancing data collection procedures. So, if you have a knack for analyzing data, this should be your go-to field.
- Financial Advisor
Financial advisors design investments and handle money to maximize returns for their clients. These individuals play a number game which is really complex and challenging. Moreover, financial advisors also teach clients how to save money and adapt to different market situations.
Today, many companies/ clients have personal financial advisors who offer final recommendations and customize their approach as per the company’s/ client’s needs and demands. They also help the companies and clients understand the flow of their funds and reach their ultimate goal, i.e., profit-making. Thus, a financial advisor’s advice aims to boost finances and reduce risks hindering company growth.
- Supply Chain Analyst
Career options in Humanities with Economics consist of supply chain analysts who collect and analyze data to enhance efficiency and productivity, along with saving costs in the organization. Such individuals have amazing business and analytical capabilities. Along with this, problem-solving and detail-oriented skills are also needed for this challenging and complex work.
Supply chain analysts develop and execute the supply chain by optimizing projects, managing inventory, and maintaining standards. Moreover, they must also be organized, communicative and able to solve issues while handling purchases and inventory.
- Business Reporter
Do you wish to become a media personality? Do you enjoy reading different business stories? If yes, then business reporter as a career choice is best for you!
Business reporters acquire information on numerous companies and connect with the government and public to verify the data. They recognize and categorize material based on how a specific thing will impact the public. This includes knowing what to report so that the audience knows what news is being offered to them.
This is a fascinating career alternative for individuals who enjoy following different firms and writing about them.
- Risk Manager
As the name implies, a risk manager is responsible for saving the organization. These individuals manage risks that can harm/ affect the employees, company procedures, clients, reputation, etc.
Risk Managers can work in different areas, like information security, technology, and other related fields. Moreover, their primary aim is to effectively plan, construct, and implement the management procedure.
Achieve The Best For Your Career!
So, as you can see, having a career in Humanities with Economics can offer lucrative job opportunities. Interestingly, Humanities help you acquire soft skills, while Economics enables you to develop hard skills.
A balance of both hard and soft skills makes you a viable candidate for jobs in various sectors. Moreover, the career options mentioned above would inevitably lead to your steady growth and development.
So, this was our take on the best career options in Humanities with Economics. Let us know which career alternative interests you the most!
Also Read: Top Unconventional Courses after Engineering
