Economist, Corporate Salary
An Economist, Corporate earns an average salary of $86,476 per year. Most people with this job move on to other positions after 20 years in this career.
Job Description for Economist, Corporate
A corporate economist identifies and interprets trends in the economy, in order to help corporations gain a better understanding of the market environment and to determine strategies for the future. The corporate economist is an important part of decision-making within a corporation.Read More...
Strong research skills and the ability to create clear reports are important. The economist may have to look through large quantities of data to create a prediction. Usually, a minimum of a master’s degree in economics is required, though some jobs are open to those with a bachelor’s degree and adequate experience. Public speaking skills are important, as the economist may have to present the findings to various audiences, such as managers and customers. Most companies prefer an economist to have experience in a similar position, which can be gained by previous jobs or internships.
Proficient knowledge of economic terms and influencing factors is important to possess. It is important to stay current with developing news in the field, such as market conditions, trends, and macroeconomic factors. It is important to determine topics of interest and to create a plan about how the research will be carried out. The job is usually carried out in an office environment during regular daytime hours, though some travel may be necessary.
Economist, Corporate Tasks
- Design and conduct research to identify trends, formulate forecast models.
- Advise the government, agencies, corporations, and/or banks about the adoption of financial policies.
- Compile reports and illustrations of research findings.
- Devise methods for data collection, sampling, and processing in regard to finance, labor, agriculture, commodities, trade, etc.