International Economics

As an International Economist your work would relate to the study of economic interactions between various countries and the economic and political issues related to international trade and finance.

What do International Economists do?

International economists study the effects of economic activity, consumer behavior, trade and investments across the globe. They evaluate systems such as markets, corporations, and unions that continually affect the international arena and study the flow of goods and services across different countries, as well as monetary flow. They apply their expertise to a wide variety of global issues, ranging from international policy to regional economies and more.

What does a typical day at work involve?

  • Checked Lead and Conduct surveys and collect data
  • Checked Analyze data by using mathematical models and statistical techniques
  • Checked Prepare reports, tables, and charts that present research results
  • Checked Lead and advice research fellows in research related matters
  • Checked Read about and make sense of international economic issues
  • Checked Interpret and forecast international and national market trends
  • Checked Follow the daily trends of economic indexes like stock market, inflation rate and GDP growth etc, and plan economic strategies according these terms
  • Checked Advise businesses, governments, and individuals on economic topics
  • Checked Design policies or make recommendations for solving economic problems
  • Checked Write articles for publication in academic journals and other media sources

How to become an International Economist?

Step 1
Take any Stream at +2 level

You may take any stream at +2 to be eligible for admission to an undergraduate course in Economics. However some institutions insist on Mathematics as a compulsory subject and preference may be given to candidates who have studied Economics at +2 level.

Step 2
Take an undergraduate course in Economics

BA/ BSc and BA/ BSc (Hons) courses in Economics, of three years duration are available in various institutions and Universities.

Step 3
Take MA/ MSc in Economics with specialisation in International Economics

You can take MA Economics which is a two years course which has International Economics as an elective subject. MSc International Business Economics & Finance and MA World Economy are some other programmes available. MSc International Economics programmes are available in various universities abroad.

Step 4
Take PhD in International Economics

For higher career options in this field it is advisable to take doctoral qualifications specialising in International Economics.

International Economics Colleges

Name State District Type Website Course

Requirements for masters in International Economics

Requirements for admission into a PG course in one of the top institutions to help you get an overall picture

India ( From Gokhale Institute of Politics and Economics for M.Sc in International Business Economics and Finance)

  • Admission to M.Sc. (International Business Economics & Finance) is open to all graduates subject to minimum 50% marks in the aggregate at graduation.
  • Should qualify in the entrance examination conducting by GIPE.

Foreign ( From University College London for MA in Economy, State and Society)

  • A Bachelor's degree with a minimum overall CGPA of 7.75/10 or 60% where a GPA scale is not used.
  • IELTS: Overall grade of 7.0 with a minimum of 6.5 in each of the subtests.
  • TOEFL IBT: Overall score of 100 with 24/30 in reading and writing and 20/30 in speaking and listening.

To see the entrance exams, scholarships and UG admission details, click here

Skills Required

Interpersonal and Communication skills

International economists need to effectively communicate with different people to obtain data and information for analysing international economic trends. They may have to participate in interactive sessions or give lecturers to various audiences.

Problem solving and analytical skills

These are essential skills required in this field as these economists have to analyse international conditions and prepare reports and assumptions to provide solutions to complex economic issues.

Technological skills

International Economist need to critically evaluate global economic scenario and interpret relevant data and facts.

Math Skills

Skill in handling numeric data is necessary for understanding economic trends and providing clarity of argument and quantitative predictions.

Industries

  • Checked Government Agencies
  • Checked Global Organisations
  • Checked NGOs
  • Checked Multinational Business Corporates
  • Checked Banks
  • Checked Insurance firms
  • Checked Finance Companies

Top companies

  • Checked IMF
  • Checked World Bank
  • Checked McKinsey and Company
  • Checked The Hackett Group
  • Checked Aditya Birla Financial Service Private.LTD
  • Checked Boston Consulting Group
  • Checked Bain
  • Checked Deloitte