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ECONOMICS GRADUATES AND CAREERS Jenny Keaveney Careers and Employability Service AFTER YOU GRADUATE - WHERE NEXT?? NO IDEA? POSTGRADUATE STUDY? GRADUATE JOB? WHAT SORT OF JOB? TEMPORARY JOB? TIME OUT? Some of the options available Some of the jobs obtained by 2011 Economics graduates from Kent University Trainee Chartered Accountant Tax Adviser Business & Communication Analyst (Apple) Pensions Administrator – Consulting firm Investment Support Associate Insurance Broker – Terrorism & Political Violence (Willis) Trainee Merchandiser - Retail Petroleum Economist What can Economics graduates bring to these jobs? Apart from an understanding of the forces underlying political, social and financial issues and events, studying Economics also helps you to develop skills such as: – – – – Communication Numeracy Problem-solving Analytical skills But I want to be an economist! Government Economic Service Bank of England Other public sector bodies Consultancies Banks NGOs NB - all but the first two will usually require or prefer candidates to have a Masters degree Improving your job prospects A good degree! Work experience Volunteering/ Extra-curricular activities and possibly Further study Some employers recruiting graduates in economics IFS – deadline 25 January www.ifs.org.uk/aboutIFS/jobs Civil Service Economist Fast Stream www.civilservice.gov.uk/networks/ges - first deadline 15 October Bank of England – deadline 12 November www.bankofenglandgraduates.co.uk Mercer www.mercer.com/ukgrads Accountancy firms, banks, other financial employers Some more employers recruiting graduates in economics Policy Advisor Public Affairs HMRC - Government Statistical Officers Economic Researchers Industry Research Analyst Analyst - Oil Industry Sales and Marketing analyst Regulatory Associate Compliance Graduate Programme Strategy Graduate Programme Graduate programme - Air Traffic Management Digital Marketing Trainee Trainee Paraplanner Graduate Consultant Regulatory Analyst Graduate Entry Level Economist Data Analyst Graduate Application Support Opportunities Account Manager UK Research Associate Market Analyst Data Analyst, Forecasting team Graduate Application Support Opportunities Business Modeller Insurance Europe HM Revenue and Customs REGENERIS CONSULTING IBISWorld Limited Wood Mackenzie Limited DuPont The WATER INDUSTRY COMMISSION FOR SCOTLAND Gazprom Marketing and Trading Gazprom Marketing and Trading EUROCONTROL Digital Marketing Agency Carbon Partners SDG UK Limited UK POWER NETWORKS Economics consultancy MOTABILITY OPERATIONS FDM GROUP Matrix-SCM (Procurement) Burning Glass Technologies Pira International MOTABILITY OPERATIONS FDM GROUP UK POWER NETWORKS Vacancies notified to CES during 2011 - 2012 Postgraduate study What is postgraduate study? – Further study in Economics - general or specialist – Studying a new subject – Vocational courses – Conversion courses Will employers value it? RBB Economics: “Entry level candidates should have excellent academic credentials, generally to postgraduate level, in economics …. We are looking for consultants with a range of quantitative and analytical skills, and an ability to communicate complex economic concepts in a clear concise style” Government Economic Service Some departments pay more to reflect postgraduate entrance qualifications Will employers pay for it?? Bank of England For graduates joining our Analyst Career Training Programme, there is a longer-term possibility of sponsored study - ranging from summer school at the London School of Economics to postgraduate study. Your eligibility for sponsored study will be assessed once you have been with the Bank for at least a year, and will be based upon your performance record and suitability for such study Government Economic Service “My MSc in Economics was fully sponsored by the GES, including full pay throughout the entire study period. The GES believes it is vitally important for its economic advisers to have Masters degrees” What might you do after your degree? Begin by thinking about yourself (your interests, preferences etc – what you want from your career and what you have to offer) Then do some research into opportunities that will fit with your criteria. Resources to help you do this include PROSPECTS PLANNER www.prospects.ac.uk/links/Pplanner and Attend talks/workshops/presentations etc Talk to a careers adviser - www.kent.ac.uk/ces/advice.html Be aware of employers or postgraduate study options with early closing dates Some useful resources: on the Web Kent Uni Careers Website: www.kent.ac.uk/careers/ Includes: – What can I do with my Economics Degree? www.kent.ac.uk/careers/economics.htm – I want to work in … (c100 career areas) www.kent.ac.uk/careers/workin.htm Prospects website www.prospects.ac.uk – Includes: – Options with an Economics degree www.prospects.ac.uk/links/EconomDeg – Occupational profiles for 600 career areas www.prospects.ac.uk/links/Occupations – Postgraduate Study information and database www.prospects.ac.uk/links/PGStudy – Where to look for graduate jobs www.kent.ac.uk/careers/graddirectories.htm www.prospects.ac.uk www.targetjobs.co.uk www.top100graduateemployers.com www.thejobcrowd.com www.gradjobs.co.uk www.graduate-jobs.com www.milkround.com Other useful resources: the Careers and Employability Service Where to find us Opening Hours: 9-5, Mon - Fri What we offer … careers guidance – quick queries – careers interviews – computer-aided guidance job vacancy database careers library careers website www.kent.ac.uk/ces CAREERS & EMPLOYABILITY FAIR Thursday 1st November 2.00 – 5.00 pm Eliot Great Hall Employers include: – – – – Bank of England PwC Reeves Willis www.kent.ac.uk/careers/fair.htm Careers for Economics graduates Jenny Keaveney Careers and Employability Service www.kent.ac.uk/ces