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Economist
Social Sector

Economist

1 Description of the job

An economist studies how money, trade, jobs and prices work, analysing data to understand the economy and advise governments, banks and companies.

  • Collect and analyse economic data
  • Build models and forecasts
  • Advise on policy and business decisions

2 Skills required

Economics & statistics Econometrics Data analysis (Excel / Python / R) Writing Analytical thinking Communication

3 Opportunities available in the market

Banks, government (RBI, NITI Aayog, Finance Ministry), research firms and international bodies hire economists.

  • RBI, government economic services and think-tanks
  • Banks, financial institutions and consulting firms
  • Universities and international organisations

4 Salary range

Fresher (0–2 yrs)₹3.5 – 6 LPA≈ ₹29K – ₹50K / month
Mid-level (3–8 yrs)₹9 – 18 LPA≈ ₹75K – ₹1.5L / month
Senior / specialist₹20 – 50 LPA≈ ₹1.67L – ₹4.17L / month

Indicative only. These ranges are estimates compiled from general industry knowledge and public pay surveys, not audited figures. Actual pay depends on the employer, city, qualification, certifications and experience. Check current job listings before deciding.

5 Job openings — which states have more

#StateMain hubsDemand
1 Delhi NCR
Delhi, Gurugram, Noida
Delhi, Gurugram, Noida
High demand
2 Maharashtra
Mumbai, Pune, Nagpur
Mumbai, Pune, Nagpur
High demand
3 Karnataka
Bengaluru, Mysuru, Mangaluru
Bengaluru, Mysuru, Mangaluru
Medium demand

Indicative ranking of where employers and training institutions in this field are concentrated — not an official count of vacancies. Check the National Career Service portal (ncs.gov.in) and the government job portal for current openings.

Government job portal: National Career Service (ncs.gov.in)

Current openings — BiharCareer

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