AT&T studied the college backgrounds of employees who, after twenty years, had advanced to senior management positions. They found that 43% of the liberal arts graduates advanced to senior management, compared to 34% of the business school graduates and 28% of the engineering graduates. The president of AT&T, Charles Brown, offered an explanation: "
The humanities and social science majors were most suitable to change -- the leading feature of this kind of high-speed, high pressure, high-tech world we now occupy."
Is law school in your future? Scott Turow in his book One L espouses the importance of training in economics for the study and practice of law. He states that top programs, such as Harvard, not only put a greater weight on applicants with economics backgrounds, but such programs consider economic training as essential to the field of law.
Would you aspire to be a stock broker or a banker? Mark Denner, B.A., Economics & Political Science works as a representative for Dun & Bradstreet. He travels all over the world, including Barcelona and Hong Kong. He attributes his placement in this position and his success with the firm to his training from IU, particularly the analytical tools he aquired studying economics.
Does teaching, journalism or consulting interest you? An academic background in economics would greatly enhance your maketability in these fields.
Did you know that the United States Foreign Services is actively recruiting economics majors. The analytical skills they have acquired are in great demand.
Did you know that The average starting salary for economics majors is over $41,333. Opportunities for our majors are vast. The study of economics, by teaching and strengthening your analytical skills, prepares you for many walks of life. The College of Arts and Sciences, through the Career Development Center, offers a placement course which focuses on resume writing, interview skills, and how best to choose the right career. If you are interested in seeking a business related job, the Business Placement Office is also available for economics students. See the Academic Advisor in Economics for more information.