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May 31, 2014
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In line with the U.S. Bureau of Labor Statistics (BLS), economists received a mean wage of $105, 290 in May 2014. In identical 12 months, economists working for the federal government received $111, 750 typically. However, economist is not the only job subject for economics majors. Other titles feature financial analyst, business analyst, investment banker, statistician, trade specialist and financial analyst. The salaries earned by they are based mostly on many things, including their degree of education and the city in which they work. All wages here are from Payscale as of February 2016; Payscale makes use of only median salary statistics in reporting.

Salaries of students with Bachelor's Degrees in business economics

While graduates holding bachelor's degrees are usually at lower end of this income scale, the kind of bachelor's level held makes a positive change in income. Here are the income ranges of specific jobs for professionals with Bachelor of Arts and Bachelor of Science in Economics:

Bachelor of Arts

  • Financial analyst: $42, 546 - $76, 621
  • Research analyst: $42, 060 - $91, 916
  • Information analyst: $36, 524 - $83, 910

Bachelor of Science

  • Financial analyst: $39, 746 - $74, 244
  • Company analyst: $40, 547 - $67, 331
  • Senior financial analyst: $60, 077 - $98, 633

Wages by City for Bachelor's Degree Holders

For many jobs, the town an employee resides in could make a big change in wage. Here is a list of some well-known metropolitan areas for graduates with bachelor's levels in business economics and matching median wages:

  • Nyc: $73, 011
  • Chicago: $61, 947
  • Washington, DC: $67, 071
  • La: $71, 312
  • Bay Area: $84, 301

Bachelor of Science

  • Ny: $68, 306
  • Chicago: $59, 752
  • Houston: $67, 349
  • Bay Area: $87, 491
  • Washington, DC: $59, 716

Wages of students with Master's Degrees in Economics

Pupils just who earn master's degrees in business economics are able to find careers, such as economists, senior data analysts, financial experts and research experts. For Master of Arts degree holders being employed as economist, the income is $87, 763, and $76, 000 for those with a Master of Science degree.

Salary by City for Master's Degree Holders

Just like bachelor's level holders, salaries additionally vary of these specialists according to location. Some sample towns and matching median salaries tend to be given just below:

Master of Arts Holders

  • Ny: $83, 771
  • La: $79, 026
  • Dallas: $66, 000
  • Seattle: $90, 249
  • Washington, DC: $63, 783

Master of Science Holders

  • Nyc: $66, 975
  • Chicago: $59, 500
  • Houston: $72, 500
  • North Park: $84, 000
  • Washington, DC: $83, 524
Source: study.com
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