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BA Hons Economics Career, Salary and Jobs in Government and Private Sector

Kirti Mehendiratta's profile picture

Updated on Jun 26, 2025

Kirti Mehendiratta

A BA Hons Economics provides employment in government and private institutions. In the government sector, there the government jobs to which a graduate can apply through competitive exams such as the UPSC, SSC, and RBI. Such jobs are Economic Research Assistant, Indian Economic Service Officer, Statistical Officer, Probationary Officer in banks, which offer good salaries ranging between INR 6-10 LPA with job stability and a smooth career path.

 

In the private career and internship sector, some companies like Deloitte, Goldman Sachs, CRISIL, and other consulting firms hire economics graduates for positions of Financial Analyst, Data Analyst, Market Research Analyst, and Policy Advisor. The work environments in these jobs are dynamic and rewarding, and come with good growth opportunities and competitive salaries. Graduates who are freshers are also offered entry-level opportunities.

 

Such opportunities can be found in major cities of India like Mumbai, Delhi, Bengaluru, and Gurugram, and internationally, one can find them in nations that include the USA, UK, Canada, Australia, and Germany, where well-paying jobs can be availed in multinational companies as well as financial institutions. Usually, a BA Hons Economics provides the graduates with the qualities to analyze, undertake research, and obviously economic abilities, skills that are in demand in all sectors and in all areas, making the career the most successful and rewarding.

 

Table of Contents

  1. BA Hons Economics Jobs in the Government Sector
  2. BA Hons Economics Jobs in the Private Sector
  3. BA Hons Economics Jobs for Freshers
  4. BA Hons Economics Jobs in India
  5. BA Hons Economics Jobs Abroad
  6. FAQs

 

BA Hons Economics Jobs in the Government Sector

A BA Hons Economics opens a lot of government employment opportunities in government departments such as finance, statistics, planning, and public administration. The jobs provide employment security, a career ladder, and a good salary. The posts are provided by UPSC, SSC, RBI, and other national or state examinations. The following are some of the leading government job positions and their pay package and requirements.

Job Role

Company/Department

Average Salary Package

Years of Experience

Economics Research Assistant

RBI, NITI Aayog, Ministry of Finance

INR 4 – 6 LPA

0 – 3

Statistical Officer

UPSC, State Public Service Commissions

INR 4 – 7 LPA

2 – 5

Assistant Section Officer (ASO)

Ministry of External Affairs, Central Secretariat (via SSC CGL)

INR 4 – 6 LPA

0 – 4

Indian Economic Service (IES) Officer

Ministry of Finance, NITI Aayog

INR 7 – 10 LPA

0 – 2

Probationary Officer (Bank PO)

RBI, SBI, Public Sector Banks

INR 5 – 7 LPA

0 – 2

Junior Statistical Officer (JSO)

Ministry of Statistics & Programme Implementation

INR 4 – 6 LPA

0 – 3

Policy Analyst / Program Officer

NITI Aayog, State Planning Boards

INR 5 – 8 LPA

2 – 6

Assistant Audit/Accounts Officer

CAG (via SSC CGL)

INR 5 – 7 LPA

0 – 4

 

BA Hons Economics Jobs in the Private Sector

BA Hons Graduates of economics have a variety of opportunities in the private sector within the various fields of finance, consulting, market research, and policy advisory. Economists are also in demand in the business sector, and companies, consulting companies, banks, and think tank institutions are eager to take on professional economists in their business strategies and economic research sectors. These occupations are highly competitive in terms of salaries, vibrant working conditions, and growth opportunities. Details of some of the most in-demand private-sector jobs are provided below, including common salary packaging information and experience levels.

Job Role

Company Example

Average Salary Package

Years of Experience

Data Analyst

Deloitte, EY, Mu Sigma, ZS Associates

INR 4 – 7 LPA

0 – 3

Financial Analyst

HDFC Bank, ICICI, Goldman Sachs, Axis Bank

INR 4 – 6 LPA

1 – 4

Market Research Analyst

NielsenIQ, Kantar, IMRB, Ipsos

INR 3 – 6 LPA

0 – 3

Business Analyst

Accenture, Infosys, Cognizant

INR 4 – 7 LPA

1 – 5

Economist (Private Sector)

CRISIL, Moody’s, CARE Ratings, Private Think Tanks

INR 5 – 9 LPA

2 – 6

Policy/Research Associate

Brookings India, ORF, IDFC Institute, Private NGOs

INR 3– 6 LPA

1 – 5

Content/Finance Writer

Economic Times, Investopedia, Private EdTechs

INR 3 – 5 LPA

0 – 3

Investment Analyst

Angel One, Groww, Zerodha, Private Equity Firms

INR 4 – 8 LPA

2 – 5

 

BA Hons Economics Jobs for Freshers

Those who study BA Hons Economics at the Freshers level have various entry-level job opportunities in the government and the non-government sector. Such roles include data analysis, research, financial evaluation, and policy support, all of which offer a robust platform to develop a career. Common fresher job roles with their package range and brief descriptions are given below.

Job Role

Package Range

Job Description

Research Assistant (Govt/Private)

INR 3 – 6 LPA

Supports economic and policy research projects at think tanks or ministries; involves data collection, statistical work, and report preparation.

Financial Analyst (Private)

INR 4 – 6 LPA

Analyzes financial data, prepares investment reports, and assists in budgeting and forecasting for banks or corporations.

Junior Economist (Private)

INR 4 – 6 LPA

Works with senior economists to interpret economic trends, prepare economic models, and assist in policy analysis.

Data Analyst (Private)

INR 4 – 7 LPA

Handles datasets, performs statistical analysis, and generates insights using tools like Excel, SQL, and Python.

Policy Research Intern/Associate

INR 3 – 5 LPA

Works with NGOs or policy firms like NITI Aayog or Brookings India, supporting research, writing policy notes, and analyzing social data.

Assistant Statistical Officer (Govt)

INR 4 – 6 LPA

Responsible for collecting and analyzing statistical data used in government planning and development (via SSC).

Market Research Executive

INR 3 – 5 LPA

Gathers and interprets market data to help companies understand trends, customer behavior, and business potential.

 

BA Hons Economics Jobs in India

There is a variety of job opportunities for economics graduates, both in the government and the private sector, across India. The largest firms and public institutions of megacities such as Mumbai, Delhi, Bengaluru, and Gurugram include positions in data analytics, financial services, policy analysis, and economic advice. The salaries that accompany these jobs are competitive, and they offer the candidates good experience to spur their careers. The table below lists popular job roles and lists typical employers, salary range, and experience that are required.

Job Role

Company Name & Location

Package Range

Years of Experience

Data Analyst

Deloitte, Gurugram

INR 4 – 7 LPA

1 – 3

Policy Research Associate

NITI Aayog, New Delhi

INR 4 – 6 LPA

2 – 5

Financial Analyst

ICICI Bank, Mumbai

INR 4 – 7 LPA

1 – 4

Junior Economist

CRISIL, Mumbai

INR 5 – 8 LPA

3 – 6

Market Research Analyst

NielsenIQ, Bengaluru

INR 3 – 6 LPA

1 – 4

Investment Analyst

Zerodha, Bengaluru

INR 5 – 9 LPA

3 – 6

Research Assistant (Govt)

RBI or Ministry of Finance, New Delhi

INR 4 – 6 LPA

0 – 2

Assistant Section Officer (ASO)

Ministry of External Affairs (via SSC), Pan India

INR 5 – 7 LPA

0 – 4

 

BA Hons Economics Jobs Abroad

Graduates of economics have good chances to be employed in such foreign countries as the USA, Canada, the UK, Australia and Germany. The positions are usually in top firms, multinational corporations and financial institutions and include a good salary and exposure to foreign countries. Jobs are spread across economic research, data analysis, and financial and market research work. Listed below is information regarding popular job occupations, best employers, average salaries, and experience requirements in foreign countries.

Job Role

Country

Company

Package Range

Years of Experience

Economic Research Assistant

USA

Brookings Institution, World Bank

INR 25 – 40 LPA

0 – 2

Data Analyst

Canada

Shopify, RBC, Manulife

INR 20 – 35 LPA

1 – 3

Junior Economist

UK

Bank of England, PwC, HM Treasury

INR 22 – 38 LPA

1 – 4

Financial Analyst

Australia

Commonwealth Bank, ANZ, Deloitte

INR 20 – 36 LPA

0 – 3

Market Research Analyst

Germany

GfK, Deutsche Bank, Statista

INR 18 – 30 LPA

1 – 4

 

FAQs

Which are the best-paying careers for BA Hons Economics students?

Well-paid jobs are Economist, Actuary, Quantitative Analyst, Economic Consultant, and Financial Analyst with an average salary of INR 8 lakh to more than INR 30 Lakh per annum, depending upon sector and experience. The highest positions available are Chief Economist and Compensation Manager, where the maximum payment would apply, especially in large companies and multinational institutions.

Which are the leading recruiting private firms in India for economics graduates?

Among the private recruiting firms, companies like McKinsey and Company, Deloitte India, ICICI Bank, HDFC Bank, Tata Consultancy Services (TCS), Reliance Industries, Genpact, and HSBC lead the pack. BA Economics graduates can be offered positions in consulting, analytics, finance, investment banking, as well as in market research by these companies. Yes Bank, Axis Bank, and multinational companies that have financial and data analytics departments are other employers

What are the demanded jobs of a BA Hons Economics graduate?

The most demanded positions in India for BA Hons Economics graduates are those of Financial Analyst, Investment Analyst, Market Research Analyst, and Economic Consultant. Actuaries, Policy Analysts, and Business Analysts find employment in high demand in banks, consulting houses, insurance firms, and governments.

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