Careers for Economists

The Economics major stresses the analytical and quantitative skills necessary for today's jobs. Employers looking to hire in financial institutions or consulting firms often consider economics to be an extremely attractive major. The Economics department at FIU has placed its majors and minors in banking, government jobs, consulting, financial firms, law schools, business schools, and Ph.D. programs. 

Below is a sample of employers for whom students majoring or minoring in economics at FIU have worked following graduation.

Public Sector / Government

  • City of Miami
  • City of Miami Beach
  • Federal Reserve Board of Governors
  • Government of Anguilla
  • Government of Colombia
  • International Monetary Fund
  • Ministry of Finance and Public Credit (Colombia)
  • U.S. Bureau of Labor Statistics
  • U.S. Census Bureau
  • U.S. Central Intelligence Agency
  • U.S. Department of Labor

Private Sector

  • ABN Amro
  • Andersen Consulting
  • Banco Atlantico
  • Bank Atlantic
  • BellSouth Business Systems
  • Burdines Department Stores
  • CINTAS Corporation
  • Citibank
  • Ford Motor Credit
  • General Electric Company
  • Goldman Sachs
  • Hamilton Bank
  • Home Depot
  • IBM Corporation
  • Kraft Foods
  • Lehman Brothers
  • Marriot International
  • Merill Lynch
  • Moody’s
  • Nations Bank
  • Price Waterhouse Coopers
  • Prudential Insurance and Financial Services
  • Prudential Securities
  • Raymond James Financial
  • Sprint
  • SunTrust
  • Target
  • Villamil Consulting
  • Walt Disney World

 

Job Outlook for Economists

According to the U.S. Bureau of Labor Statistics, Occupational Outlook Handbook (online for 2023), the median annual wage for economists was $115,730 in May 2023. The highest 10 percent earned more than $216,900 and the lowest 10 percent earned less than $62,520.

Employment of economists is projected to grow 6 percent from 2022 to 2032, faster than the average for all occupations.

 

FIU provided me with a lot of tools and resources that prepared me to become a successful research assistant the Fed. I learned the principles of rigorous methodical economic research through my experiences at FIU. ... All these skills that I learned at FIU help me to excel amongst my peers and help the Fed achieve the goal of serving all American people by protecting the economy through financial markets, here within the U.S. and around the world.

Diego Silva '20; Federal Reserve Board of Governors