What else can I do with a business studies or economics degree?

What else can I do with a business studies or economics degree?

What if you’re a business management student or graduate and you’re not sure that you want to pursue a career in business? This overview of your options should help you find a way forward.

Economics and business students typically have good commercial awareness, one of the qualities highly sought after by recruiters. What is more, they are able to effectively apply their knowledge of industries to the job.

Popular areas of employment for business and management graduates include business, HR, finance, marketing, PR and sales. Careers in consulting are another option. Consultants can specialise in a range of fields, including strategic consulting, IT consulting, HR consulting and business process management.

There is strong demand for economics graduates for financial and business roles, and as a result they are particularly well placed to move into professional level employment within a short time after finishing their degrees.

Whether you want to know what your options are or are looking for alternative careers, you can find some ideas here. This guide should help you think about the skills you have, the jobs they can be applied to, and the options available.

Over the last three or so years, you should have gained the following skills:

  • analytical ability
  • communication skills
  • understanding figures
  • problem solving
  • ability to think logically
  • presentation skills
  • report writing skills.

One of your options is to join a scheme with one of the big graduate recruiters. These will often provide professional training as well as experience and a decent salary.

You could also pursue the less obvious opportunities with SMEs (small and medium sized enterprises). If you’re particularly entrepreneurial you might even consider starting up your own business.

You could also consider moving into the following areas:

  • consultancy
  • trading
  • teaching
  • chartered accountancy
  • advertising
  • investment banking
  • bank management
  • retail buying
  • distribution and logistics management
  • insurance underwriting
  • marketing
  • consumer products
  • market research
  • personnel officer
  • public relations officer
  • retail management
  • sales.

If none of these tickle your fancy, consider the following, who all studied either business or economics:

  • Arnold Schwarzenegger
  • Andrew Strauss
  • Cate Blanchett
  • Danny Glover
  • Ed Miliband
  • Russell Howard
  • Lionel Ritchie
  • wrestling promoter Vince McMahon
  • Kevin Costner