What can I do with my studies in economics?
Whether you’re a student (prospective, current or former), an academic staff member or a career counsellor, this page can provide you with practical answers to the following career-related questions:
Planning your career Within the answers below, activities are proposed to students in order to help them build their employment action plan. Activity
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What subjects are studied in this program?
Answer The subjects studied vary for each program and determine the knowledge and skills to be acquired for the chosen degree. Many types of undergraduate programs are available so that knowledge can be developed according to the student's interests and learning style. Regardless of the subjects they involve, the following programs will open the doors to the labour market: honours, honours with specialization, integrated, general, major and minor. However, certain degrees can lead to graduate studies or professional programs. |
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Methodology Below is a short description of the program, the student profile, and some considerations regarding the nature of work that graduates can embark upon. A summary of courses taken from the Undergraduate Studies Calendars is presented by subject. In order to encourage the consideration of further studies, examples of graduate as well as advanced professional studies are listed below. The subjects and the graduate studies are presented in order of importance and relevance to the specific program. |
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Subjects studied in this bachelor’s degree
Economics examine how a country’s resources are used to fulfill the needs of its citizens. It is concerned with the production, distribution and consumption of goods and services. Economics are divided into two interrelated branches. Macroeconomics deals with the economy as a whole and examines the factors that determine the production, employment and price levels in a country. Microeconomics deals with the behaviour of individual economic agents and studies, among other things, how prices are determined in agiven market. The student profile is distinguished by their interests in numbers and statistics (and have an aptitude for them), economic issues and events (unemployment, inflation, labour-market trends, movement of capital, poverty, salaries, etc.), international economic issues and events and economic development and globalization.Jobs in economics are very diverse: federal or provincial government official, business condition specialist in the financial sector or in industrial economics in businesses, [work economics] specialist and human resource specialist, economist in a consulting firm, NGO or international organization.
Economists deal with a multitude of problems. Depending on their specialization, for example, they may study the transportation demand in a city like Ottawa, participate in designing contracting regulations, analyze the costs and benefits of a regulation or the role and scope of laws, forecast upcoming changes in production, prices, salaries and interest rates. Studied subjects are:
- History of economic thought
- Probability and statistics for economists
- Econometrics
- Mathematical economics
- Macroeconomics and microeconomics
- Mathematical methods and calculus
Graduate studies
Many graduate programs are available to graduates interested in furthering their education, specializing in their field or performing research. The graduate programs below are examples selected from the list of graduate programs at the University of Ottawa and based upon the admission requirements of this program. However, depending on the career plan, other programs can be considered.
- Economics (MA, PhD)
- Public and International Affairs (MA)
- Business Administration (MBA)
- Systems Science (Graduate Certificate, MSc, MSysSc)
- Globalization and International Development (MA)
- Health Systems (MSc)
- Population Health Risk Assessment and Management (Graduate Certificate)
- Health Administration (MHA)
- Program Evaluation (Graduate Certificate)
What are the career option?
| Answer Postsecondary education leads to many career options. However, remember that in addition to an undergraduate degree, some fields require specialized skills, previous experience and even graduate studies. |
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Methodology The following occupations are examples taken primarily from the occupational groups in the National Occupational Classification (NOC). A few examples come from the University of Ottawa's alumni and from other Career exploration websites. Overall, the examples of occupations are presented according to the most easily accessible. First, the examples of occupations that require undergraduate studies are presented followed by those that require additional qualifications and experience. To highlight the value of furthering education, examples of occupations with additional qualifications and experience that may require graduate studies were combined under the master's and the doctorate degree, respectively. Finally, the professional groups where examples were taken are listed. These groups provide examples of job titles, information on the field of work, types of organization and national employment requirements. In addition, you will find resources for international employment requirements. |
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Occupations requiring undergraduate studies and others with additional qualifications and experience
- Economic development officer
- Business development officer
- Procurement officer
- Loan officer
- Financial broker
- Stock exchange floor trader
- Securities agent
- Market analyst
- Import and export advisor
- Financial analyst
- Bank inspector
- Employment counsellor
Other occupations with additional qualifications and experience
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Additional Qualifications and Experience |
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A bachelor's degree and several years of experience in the field of specialization |
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A bachelor's degree in business administration, commerce, economics or a related field; participation in a management training program; several years of experience within the industry, including supervisory experience |
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A bachelor's degree in business administration, commerce or economics; designation as a certified professional purchaser (C.P.P.); several years of experience as a purchasing agents and officer |
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A bachelor's degree in economics, commerce, business administration or public administration; certification as a certified economic developer (Ec.D.) may be required |
Occupations requiring graduate studies: Master's and others with additional qualifications and experience
- Lecturer
- Undergraduate studies administrator
- Student experience officer
- International practical teaching manager
- Interdisciplinary and faculty programs officer
- Internship coordinator
- Economic analyst
Other occupations with additional qualifications and experience
Occupation |
Additional Qualifications and Experience |
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A bachelor's degree; sometimes a master's degree may be required as well as passing the entrance examination for the Ministry of Foreign Affairs and International Trade Canada |
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A bachelor's degree in economics, business administration, commerce or public administration; a master's degree in economics or a related field may be required; several years of experience as economists and economic policy researchers and analysts or business development officers and marketing researchers and consultants |
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A bachelor's degree in a social science discipline such as sociology, economics or administration; a graduate degree in a social science or an administrative discipline may be required; several years of experience in the professional group social policy researchers, consultants and program officers (NOC 4164) |
Occupations requiring graduate studies: Doctorate and others with additional qualifications and experience
- Graduate studies administrator
- Adjunct professor
- Assistant professor
- Associate professor
- Full professor
- Visiting professor
- Visiting scholar
- Research development manager
- University research assistant director
- Director of faculty development
- Postgraduate program coordinator
- Education program manager
- Department associate chair
- Graduate studies project coordinator
- Economist
- Financial economist
- International trade economist
- Economic historian
- Social scientist
Other occupations with additional qualifications and experience
Occupation |
Additional Qualifications and Experience |
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A doctoral degree in the field of specialization; several years of teaching experience; licensing or professional certification may be required |
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A graduate degree in a field related to the faculty; several years of experience as University professors (NOC 4121) |
Occupational groups
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Below are occupational groups related to this field of study, followed by the groups requiring graduate studies, then by the groups that require additional qualifications and experience:
- Business Development Officers and Marketing Researchers and Consultants (NOC 4163)
- Purchasing Agents and Officers (NOC 1225)
- Loan Officers (NOC 1232)
- Securities Agents, Investment Dealers and Brokers (NOC 1113)
- Financial and Investment Analysts (NOC 1112)
- Other Financial Officers (NOC 1114)
- Social Policy Researchers, Consultants and Program Officers (NOC 4164)
- Education Policy Researchers, Consultants and Program Officers (NOC 4166)
- Health Policy Researchers, Consultants and Program Officers (NOC 4165)
- Employment Counsellors (NOC 4213)
- Immigration, Employment Insurance and Revenue Officers (NOC 1228)
- Program Officers Unique to Government (NOC 4168)
- Library and Archive Technicians and Assistants (NOC 5211)
- Mathematicians, Statisticians and Actuaries (NOC 2161)
- Other Professional Occupations in Social Science, n.e.c. (NOC 4169)
- Economists and Economic Policy Researchers and Analysts (NOC 4162)
- Educational Counsellors (NOC 4143)
- University Professor (NOC 4121)
- Government Managers – Economic Analysis, Policy Development and Program Administration (NOC 0412)
- Government Managers – Health and Social Policy Development and Program Administration (NOC 0411)
- Financial Managers (NOC 0111)
- Banking, Credit and Other Investment Managers (NOC 0122)
- Insurance, Real Estate and Financial Brokerage Managers (NOC 0121)
- Purchasing Managers (NOC 0113)
- Other Managers in Public Administration (NOC 0414)
- Senior Government Managers and Officials (NOC 0012)
International employment requirements
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The site below provides information on international employment requirements, administrative laws, professional standards and work permits for certain countries:
Below are other examples of general resources that may be useful depending on your destination:
- Australian Government Department of Immigration and Citizenship - Australia
- British High Commission Ottawa - United Kingdom
- TN Visa - United States Embassy in Canada
- Working Holiday Visa - Consulate General of the Republic of Korea in Toronto
What are the job prospects?
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Answer Job prospects vary according to a country’s political situation and economical stability. They are generally based on the analysis of data collected from employees, businesses, unions and other employment-related organizations during local, provincial and national consultations. |
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Job prospects in foreign countries
Resources designed to help you determine out-of-country job prospects can be challenging to find. However, research suggests that most developed countries have a growing need for university graduates. |
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Where and how can experience related to the field of studies be gained?
Answer Professional work experience is developed through volunteering, internships, self-employment and employment contracts, be they full-time, part-time and during the summer. Work experience, on or off campus, develops your skills. The Conference Board of Canada outlines skills that employers seek: communication, thinking and learning; personal qualities such as positive attitudes and behaviors, responsibility, adaptability; and team work. Work and volunteer experiences that relate to your studies also permit you to consolidate and reinforce the skills and expertise you need to continue your professional development. The belief that there are no jobs is misguided; in fact the number of jobs that exist in the labour market is the same as the number of people currently working. Furthermore, new opportunities are frequently created due to economic growth. Positions also become available because of retirements and departures due to professional advancements. Other various leaves of absence (parental, sick, refresher, non-paid, self-financed, etc.) also create opportunities. Since job posting open opportunities to many candidates, it is often advantageous to network before the position is posted. |
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Methodology All the examples of volunteer opportunities and potential employers, types of organizations and field of work were selected based on the field of studies and the related occupational groups which can support you in gaining experience. The examples of volunteer opportunities in Canada and abroad are followed by a list of directories where further volunteer opportunities can be found. The examples of types of organizations and fields of work are taken from the NOC. Moreover, examples of potential Canadian and international employers were compiled from employment events on campus, research in employer directories as well as from various reputable ranking. Students are solely responsible for researching and gauging the suitability of an employer as Career Services does not establish qualifications, credentials and overall fit between organizations and student applicant, see disclaimer. |
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Canadian volunteer opportunities
International volunteer opportunities
Volunteer directories
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- Centraide Outaouais: A directory of agencies and community services.
- E-Blue Book - Community Information Centre of Ottawa: Provides bilingual information and referral services to individuals and professionals in and around Ottawa.
- The Centre for Global and Community Engagement: Gives students the opportunity to actively apply their university studies to real-world situations in a way that benefits the community and not-for-profit organizations.
- I-Volunteer.ca: Helps you find non-profit organizations in the Outaouais area.
- United Way Ottawa: A community investment directory.
- Volunteer Ottawa: A bilingual agency committed to strengthening our community services by reuniting people, organizations and the business world.
- Volunteerabroad.com: Provides information on opportunities for volunteering abroad.
Types of organizations
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- Archives
- Banks
- Car dealerships
- Consumer loan, credit card companies and financial firms
- Educational institutions
- Government departments and agencies
- Hospitals
- Insurance companies
- International development organizations
- Investment companies
- Libraries
- Manufacturing companies
- Multimedia companies
- Non-government organizations
- Professional associations
- Real estate firms
- Research institutes
- School boards
- Security brokerages
- Stock brokerage firms
- Trust companies
- Utility companies
Fields of work
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- Accounting
- Administration
- Agriculture
- Banking operations
- Business
- Business marketing
- Commerce
- Community development
- Econometrics
- Economics
- Energetic resources
- Federal-provincial affairs
- Finance
- Foreign aid
- Globalization
- Health
- Human rights
- Immigration
- Insurance
- International relations
- Land use
- Law
- Local and international trade
- Mathematics
- Monetary policy
- Natural resources
- Politics
- Public policy research and analysis
- Public relations
- Real estate
- Retail and wholesale trade
- Statistical analysis
- Taxation
- Tourism
- Transportation
- Urban and regional planning
Potential employers
The following examples of employers can offer internship or employment opportunities related to the field of studies. The potential employers are presented according to their geographic location in Canada's capital area, Ontario, Quebec or other provinces. Employers located outside of Canada and in more than three countries are presented under the established globally, otherwise; they are under the country specified.
Canada
Canada’s capital area
University of Ottawa named among National Capital Region's top 25 employers. For a position on campus:
Other potential employers in the Canada’s capital area
- Bank of Canada
- Canadian Heritage
- Canadian Policy Research Networks - CPRN
- Convergys
- Creative Intelligence - CI
- Davis and Henderson
- Deloitte
- Department of Fisheries and Oceans - DFO
- Desjardins
- Export Development Canada - EDC
- Financial Consumer Agency of Canada - FCAC
- Foreign Affairs and International Trade Canada - DFAIT
- HSBC Bank
- Industry Canada
- International Development Research Centre - IDRC
- MBNA Canada Bank
- National Bank
- National Defence and the Canadian Forces - DND
- Parliament of Canada
- Public Works and Government Services Canada - PWGSC
- Royal Bank of Canada - RBC
- Statistics Canada
Ontario
- Allied International Credit - AIC
- Arvato Digital Services
- Carlson Marketing
- Critical Mass
- Dun and Bradstreet - DB
- Fidelity Investments
- Franklin Templeton Investments
- Gore Mutual Insurance
- ING Direct
- Invesco Trimark
- Lombard Canada
- Manulife Financial
- MARS
- MCAP
- OMERS
- Redwood Custom Communications
- State Farm Insurance
- TMX Group
- Windsor Casino
Quebec
- 3M
- Bank Credit Analyst Group - BCA
- Cascades
- Développement international Desjardins - DID
- Financière agricole
- Hydro Québec*
- Institut de la statistique du Québec - ISQ
- Ministère des Finances
- Ministère du Développement économique, de l’Innovation et de l’Exportation*
- Mir, Partenariats et Développement International*
- Revenu Québec
- Secrétariat du Conseil du trésor*
Other provinces
- ADI Group
- Agrium
- Alberta Energy
- Alberta Finance
- Alberta Municipal Services Corporation - AMSC
- Assiniboine Credit Union
- Avanade
- Barclay Street Real Estate
- BC Assessment
- British Columbia Institute of Technology - BCIT
- British Columbia Public Service
- Canadian Pacific
- Canadian Wheat Board - CWB
- Central 1 Credit Union
- Citizens Bank
- Coast Capital Savings
- Credit Union Electronic Transaction Services - CUETS
- Credit Unions Central of Manitoba
- Easy Home
- EPCOR Utilities
- Farm Credit Canada - FCC
- Flight Centre
- Great - West Life Assurance
- Gulf and Fraser Financial Group - G&F
- Horizon Credit Union
- Innovative Credit Union
- Servus Credit Union
- Softchoice
- Yellow Pages
Abroad
Established globally
- Africare
- Bank for International Settlements - BIS
- Cesvi Cooperation and Development
- Commonwealth Bank
- Concern Worldwide
- International Labour Organization - ILO
- International Monetary Fund - IMF
- Moody's Economy.com
- Organisation for Economic Co-operation and Development - OECD
- United Nations - UN
- United Nations Office on Drugs and Crime - UNODC
- World Bank
United States
- Action for Enterprise - AFE
- African Development Foundation - USADF
- Agency for Healthcare Research and Quality - AHRQ
- Aid to Artisans - ATA
- American Council on Education - ACE
- Cambridge Associates
- Coalition on Human Needs
- Federal Reserve Board
- Heritage Foundation
- Huntington
- Mass Mutual Financial Group
- Nationwide Insurance
- Peterson Institute for International Economics
- Richwood
- Social Science Research Council - SSRC
Europe
- Belgian Technical Cooperation - BTC
- Caritas International
- Committee of the Regions
- Council of Europe
- Council of the European Union
- European Economic and Social Committee - EESC
- European Institute
- European Parliament
- Eurostat
- Kiel Institute for the World Economy
- Parc Cientific Barcelona
- World Trade Organization*
United Kingdom
Australia
- Ausaid
- Australia and New-Zealand Banking - ANZ
- National Australian Bank - NAB
- Reserve Bank of Australia - RBA
- Westpac
Asia
- Asian Development Bank - ADB
- Bank of India
- Bank of Japan
- Centre for Science and Environment - CSE
- China Youth Development Foundation - CYDF
What are some job search resources?
Answer The following job search resources aim to increase networking activities, to develop marketing strategies, to offer support in resume and cover letter preparation, and to facilitate access to job postings. Networking activities not only offer employers an opportunity to better understand the available labour force, but also help students and graduates gain access to recruitment processes. |
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Methodology Below are examples of professional associations and other resources of interest related to the previously mentioned occupational groups and this field of study. In addition to providing essential information on professional development and networking activities, the following examples give access to publications and employment opportunities. These examples are presented according to their location: Ontario, Canada and abroad. You will find resources to support the preparation of a resume and cover letter. Finally, you will find several Canadian and international job search sites. |
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Professional associations and other resources
- American Economic Association - AEA
- Association des économistes québécois - ASDEQ*
- Association of International Customs and Border Agencies - AICBA
- Atlantic Canada Economics Association
- Canadian Association for Business Economics - CABE
- Canadian Economics Association - CEA
- Canadian Federation for the Humanities and Social Sciences - CFHSS
- Economic Developers Association of Canada - EDAC
- Government Finance Officers Association of British Columbia - GFOABC
- International Association for Social Science Information Service and Technology - IASSIST
- International Economic Development Council - IEDC
- International Social Science Council - ISSC
- National Association for Business Economics - NABE
- United Nations Commission on International Trade Law - UNCITRAL
Resume and cover letter
The resume and cover letter are useful tools to reflect your skills and experience. Therefore, they need to be customized and continuously updated throughout your career. They are used in the job search or for requesting professional advancement. |
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Canadian job search sites
- EduJobsCanada.com
- H Net - Humanities and Social Sciences Online
- Inomics
- Policy Jobs
- General Job Search Websites
International job search sites
- CANADEM
- Chronicle of Philanthropy
- Devex
- DEVJOBS
- Global Charity Jobs
- International Development Jobs Center
- Opportunities in Public Affairs
- Public Service Careers
- Roll Call - RC
- General Job Search Websites Abroad
* Offered in French only
Note: All information on these pages is updated by the Student Academic Success Service (SASS), in collaboration with University partners and the community. Feel free to help us improve these pages by sending us your suggestions.
