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Economics

An actuary is a business professional who analyzes the financial consequences of risk. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs.

Agricultural economists examine data to determine patterns and trends in economic activity. They also conduct research to collect data and market samples. They use the predictions obtained from their research to inform, influence, and improve the business decisions of clients and agricultural organizations.

Bankers are sometimes referred to as securities, commodities, and financial services sales agents. They are responsible for performing banking duties and overseeing the financial activities for personal account.

 

Analyst involved in the design or modification of business systems or IT systems. The analyst interacts with the business stakeholders and subject matter experts in order to understand their problems and needs. The analyst gathers, documents, and analyzes business needs and requirements.

Business economists study the ways that society distributes scarce resources and conducts research. They research various issues such as inflation, interest rates, employment levels, energy costs, imports, etc. They advise all sorts of organizations, banks, industrial and trade associations, unions and agencies. They perform research by making use of surveys, and then compile reports to make the information understandable to non-economists.

Cost accountants are responsible for budgeting, cost management, performance evaluation and asset management within a company or organization. They typically collaborate as part of an executive team to create a financial plan for the organization.

A financial data analyst prepares financial reports that serve as summary information for managers. The financial data analyst is responsible for identifying relevant insights and compiling analytical reports that enable other employees in the company to make sound decisions. In the Banking and Financial Services sector, through data analytics, institutions can monitor and assess large amounts of customer data and create personalized/customized products and services specific to individual consumers.

An expert in the application of mathematical and statistical techniques to economics in the study of problems, the analysis of data, and the development and testing of theories and models.

An Economic Researcher conducts research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Equity research analysts research public companies and come up with recommendations for investors about whether to buy, sell, or continue holding certain stock. Both brokerage firms on the sell-side as well as funds on the buy-side both employ equity research analysts.

Financial Analysts researches macroeconomic and microeconomic conditions along with company fundamentals to make business, sector and industry recommendations. They often recommend a course of action, such as to buy or sell a company’s stock based upon its overall current and predicted strength.

Financial Consultants work with companies or individuals to plan for their financial futures by offering information and guidance on topics that include taxes, investments and insurance decisions.

Financial Controllers are responsible for all of the day-to-day operations in the finance department, reporting directly to the finance director.

Financial Managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

A Financial Planner, also called a personal financial advisor, works with individuals and businesses to guide them in making budgetary, savings and investment decisions. They need good communication and interpersonal skills in addition to financial knowledge.

A risk analyst is responsible for risk management in the investments so as to help with the financial success of the organisation where they work. The risk analysts mainly identify and analyse the potential risks associated with the areas mentioned above and then develop risk mitigation strategies for the same.

Industrial Economists conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. They collect and process economic and statistical data using sampling techniques and econometric methods.

International Economists study the money and banking system and the effects of changing interest rates. International economists study global financial markets, currencies and exchange rates, and the effects of various trade policies such as tariffs.

Investment Analysts provide stockbrokers, fund managers and stock market traders with financial information, advice and recommendations derived from global investment data.

Investment Bankers help their clients raise money in capital markets by issuing debt or selling equity in the companies. Other job duties include assisting clients with mergers and acquisitions (M&As), and advising them on unique investment opportunities such as derivatives.

Investment Managers manage the investment portfolios of these institutions, and may also provide direct investment management services to third-party clients.

Labor economists and demographic economists study the supply and demand for labor and the determination of wages. These economists also try to explain the reasons for unemployment and the effects of changing demographic trends, such as an aging population and increasing immigration, on labor markets

An expert in the scientific study of wealth: theoretical economics.

Economists conduct research, collect and analyze data, monitor economic trends, and develop forecasts. Their research might focus on topics such as energy costs, inflation, interest rates, farm prices, rents, imports, or employment. The core responsibilities of a professional economist are to produce rigorous, relevant and impactful economics analysis to drive decision-making at all levels – from operational decisions to strategic, business and policy decisions.

Risk Managers/Analysts deal with identifying, measuring, and evaluating different types of risks that can affect a business. They also need to be knowledgeable about the industry they operate in, so that they are able to identify the risks posed to a specific organisation.

Stock Brokers manage the financial portfolio of a client; so this could be an individual or a company.

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