The scope of economics in Pakistan is promising, with many opportunities for those who study the subject. A degree in economics can lead to careers in business and finance, among other fields. The future of economics in Pakistan looks bright, and the subject is in high demand in the job market. Choosing to study economics is a smart decision for students who want a secure future with a rewarding career.
What is Economics?
Economics is a quite popular subject among the masses. It is a 4-year degree program that helps students understand a solid foundation in economics. Economics helps students prepare for entry-level positions in public or private sector corporations, banks, international firms, research, and educational organizations. The study of economics mainly revolves around the behaviors and relationships of economic agents and the functioning of markets.
What is the Scope of Economics in Pakistan?
A degree in economics is always considered to be extremely valuable, especially in developing countries. International, as well as local firms, are always on the lookout for talented, experienced, and skilled people in their businesses. Pakistan is a developing country, and the economy is always growing. People with a degree in economics can easily find well-paid jobs in Pakistan, having a degree in economics opens tons of work opportunities, not only in Pakistan but in foreign countries as well. Students with bachelor’s degrees in economics are known to have reputable jobs which in the long run secure them with a rewarding yet bright career. Choosing economics as your qualification is the best decision an individual can make as the scope of economics is quite high these days and it will continue to rise in the future too. Hence, the scope of economics is quite high in Pakistan. The scope of economics in Pakistan is trending, and it will continue to do so for the next few years. So, if you are passionate about pursuing economics in Pakistan, then surely do so as this degree holds a lot of significance.
Jobs for Economics in Pakistan?
People with an economics degree can go into various fields and apply for major posts. Be it an international firm, a local business, private or public sector. These candidates will have tons of opportunities once they graduate with a degree in economics in Pakistan. Some of the major jobs are:
- Investment analyst
- Supply chain analyst
- Economic consultant
- Loan officer
- Economic researcher
- Business reporter
And much more
Salary of Economics in Pakistan?
Well, the salary depends on the specialization, abilities, experience, and skills of an individual. It also depends on whether they work for a local or international firm, private or public sector. However, the average salary of economists in Pakistan is up to 370,000 per year. The salary of a fresh graduate starts from 45,000 per month. Whereas the most experienced candidates make up to 85,000- 90,000 per month.
Which universities offer Bs in Economics in Pakistan?
Although there are multiple universities in Pakistan that offer qualifications in Bs in economics. But the best ones are as follows:
- University of the Punjab, Lahore
- University of Management and Technology, Lahore
- Lahore School of Economics, Lahore
- Forman Christian College, Lahore
- Lahore University of Management Sciences, Lahore
- National College of Business Administration and Economics, Bahawalpur, and Multan
- Institute of Business Administration, Karachi
- University of Karachi, Karachi
- Institute of Management Sciences, Peshawar
- Islamia College University, Peshawar
Best of Luck!