What is the scope of MA economics in the banking sector?

manpreet Best Answer 2 years ago

Economics degree provide excellent opportunity for a career in banking industry as economist or pure banker. International and National Economical environment and issues are of huge significance to the work of BFSI sector. Many investment and retail banks employ economics graduates to work specifically as economists. MA Economics graduates with superior Mathematical and Data Analytical background are used for research and analysis of economic data, issues and trends, and use your results to produce reports and forecasts, which will assist the bank's other employees and clients for wealth financial asset management and risk management. In India, RBI, Public Sector Banks and Private Banks are largest employers of economic graduates. It has been found due to lack of career growth as Economist in BFSI Sector, Economics graduates shift to typical pure banker jobs of sector.