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Economist

Your morning involves running an econometric regression on India's agricultural wage data to study the impact of MGNREGA on rural employment elasticity, debugging an R script to handle heteroskedasticity. Afternoons are spent presenting preliminary policy paper findings to colleagues at a research institute, refining a forecast model for CPI inflation based on updated RBI data, and drafting a research brief for a government ministry.

SALARY RANGE

₹5L - ₹20L /yr

DEMAND

6/10

GROWTH

7/10

STREAM

Commerce

SECTOR

Finance

AVG SALARY (LPA)

₹12.5L

WFH POSSIBLE

No

TREND

Stable

#Business#Finance#Communication#Analysis

Your Success Roadmap

Step 1: Clear 12th (Commerce/Science)

Clear 12th (Commerce/Science)

Step 2: BA/B.Sc. in Economics

BA/B.Sc. in Economics

Step 3: MA/M.Sc. in Economics (clear entrance

CUET, JNU, DSE)

Step 4: Ph.D. in Economics (for academia/senior research)

Ph.D. in Economics (for academia/senior research)

Step 5: Clear UPSC/RBI/state PSC for govt. economist posts

Clear UPSC/RBI/state PSC for govt. economist posts

Step 6: Research Associate → Economist → Senior Economist

Research Associate → Economist → Senior Economist

Market Analysis & Insights

GENDER DIVERSITY

50%

Inclusive work environment

YEARS TO JOB

5 Years

Post-Class 12 preparation

SELF EMPLOYMENT

Yes

Entrepreneurial opportunities

PHYSICAL DEMAND

Low

Nature of day-to-day work

Regional Relevance: Pan-India

Recommended Certifications

Role-specific certifications recommended

Key Skills Required

EconometricsStatistical AnalysisPolicy ResearchData ModellingReport WritingMacroeconomics

Top Colleges in India

Delhi School of Economics (DSE-DU)
JNU School of Social Sciences
Jawaharlal Nehru University
IGIDR Mumbai (Govt. research institution)
Madras School of Economics

A Typical Day in This Career

As a Economist, your day typically begins with strategic planning and client interactions. You'll spend most of your time solving complex problems and collaborating with team members. No two days are exactly alike, making it a dynamic and fulfilling choice for those who love to learn.

This could be your future.

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Editorial Policy & Data Sources

Maintained by the 12kebaad Editorial & Research Team. Career benchmarks, salary brackets, and educational requirements are compiled from official regulatory portals, UGC/AICTE notifications, and verified industry hiring reports. Last reviewed: 2026. Have an update or correction? Contact us at 12kebaad.team@gmail.com.

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