Economics degree can lead to fast-growing, high-paying careers

Earning an economics degree may lead to a position in a fast-growing field.
Earning an economics degree may lead to a position in a fast-growing field.

According to PayScale, some of the most popular career paths for individuals with an economics degree include financial analyst, staff accountant and management consultant. All three of these positions are frequently high-paying and are expected to see a large growth in employment through 2018.

Financial analysts earn an average salary of $52,800 per year, according to PayScale. These professionals guide businesses in their investment decisions and analyze stock, bond, commodity and investment performances, the Bureau of Labor Statistics (BLS) reports. This field is expected to grow by about 20 percent through 2018.

An individual with a career as a staff accountant usually earns about $46,000 annually, PayScale reports. Accountants help make sure firms are efficient, taxes are paid properly and public records are accurate, the BLSstates. Employment for accountants is expected to grow by about 22 percent through 2018.

A career as a management consultant can lead to an average annual salary of $104,000, according to PayScale. The BLS states that many businesses rely on these professionals to help them remain competitive by analyzing ways to improve the structure, efficiency and profits. This profession should see an employment growth of 24 percent.

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