What can you do with a Economics degree from Penn State University?

First, some facts. Of the Economics graduates from Penn State University we've analyzed , here's how many have used (or NOT used) their degree in their career:


These are estimates based on AI analysis of 51 LinkedIn profiles (see below).

The verdict? Slightly above average. Overall, with an average relevance score of 70%, Economics graduates from Penn State University have a slightly higher likelihood (+3%) of finding work in this field compared to the average graduate across all fields:

Average score: 70%
Average relevance score across all fields: 67%

And for comparison, here's the chart for all profiles we've looked at across all degrees.

× Chart

Also, after graduating, only 29% of these graduates have pursued further education other than another Bachelor's degree (such as a Masters degree or other), compared to the average across all profiles of 35%. This suggests a Bachelors degree is enough for most Economics graduates, and it's normal to look for work straight after graduation.

See the details:

View a random Economics graduate from Penn State University and our analysis:


Relevance score: 97%

We think this person has gone into a career highly relevant to their degree.

DEGREE INFO

Graduated in 2020 from Penn State University with a Bachelor of Science - BS in Economics. No other secondary education since.

JOB HISTORY SINCE GRADUATION
Summer Leadership Development Program
Munich Re
Jun 2020 - Aug 2020
The Summer Leadership Development Program may involve some transferable leadership skills that could relate indirectly to economics, but it does not require specific economics knowledge or skills as core qualifications.

International Graduate Trainee Program
Munich Re
Jun 2021 - Jun 2023
The International Graduate Trainee Program at Munich Re likely involves applying economic principles and analytical skills regularly, making it highly relevant to the degree in economics.

Insurance Programs Underwriter
Munich Re Specialty - North America
Jul 2023 - Present
As an Insurance Programs Underwriter, the job directly utilizes economic concepts, risk assessment, and analytical skills gained from the economics degree, thus demonstrating high relevance.

ABOUT

Insurance Underwriter | Passionate about AI & Automation | Analytical ThinkerPassionate insurance underwriter experienced in evaluating complex risks. Dedicated to leveraging AI and automation for streamlined processes and improved risk assessment. Let's connect to explore the future of underwriting together.

What jobs can you get with a Economics degree from Penn State University?

The top 10 most common jobs done by the graduates we've analyzed (ranked most common to least) are:


When looking at the job history of individuals who graduated with a degree in Economics from Penn State University, it's interesting to see a diverse array of positions they've undertaken. Many of these jobs span various fields like finance, law, marketing, and education. Yet, what stands out is the connection—or lack thereof—to economics as a foundational element of their work responsibilities. The most common types of jobs appear to be in financial services, analysis, and planning, especially roles like Financial Analyst, Business Analyst, and various banking positions. These jobs tend to heavily utilize the skills and knowledge acquired during their Economics degree, demonstrating a clear relevance to their educational background.

On the other hand, numerous graduates have ventured into positions where the connection to economics is less apparent. For instance, roles like Executive Team Lead at retail companies, teaching positions, or creative jobs in media appear to utilize some transferable skills, but do not fundamentally engage with economic principles. Even in cases where analytical skills are beneficial, positions often focus on operational or administrative tasks rather than applying economics in a direct manner. This divide suggests that while an Economics degree can open doors to various career paths, not every job related to business or management will explicitly demand economic theory or analysis as a core component. In conclusion, while many graduates are well-aligned with roles that harness their educational foundation, a significant proportion find themselves in positions that, while valuable, do not require a strong economics focus on a daily basis.

Here is a visual representation of the most common words in job titles for Economics graduates (this is across all Economics graduates we've analyzed, not just those who went to Penn State University):

What kind of career trajectories do Economics graduates from Penn State University have? What do they do 1, 5 or 10 years out?

So, you're looking at the career paths of people who studied Economics at Penn State University, huh? Let's dive into it! Graduates from this program have taken a wide range of career trajectories, and it’s actually pretty interesting to see where they end up. Right out of college, many of these grads seem to land jobs in fields that are related to economics, finance, and marketing, which is what you'd expect. For instance, positions like analysts, financial planners, and marketing coordinators pop up frequently among recent graduates. This suggests that they are, for the most part, leveraging their degrees in ways that align with their studies.

Now, looking at what happens five to ten years down the line, the trends start to reveal a bit more about the effectiveness of their education. Many graduates have moved up in their respective fields. For example, we see folks transitioning from entry-level analyst roles to senior positions within companies like Vanguard and Nike. Some even take on managerial roles or move into specialized areas like product management or strategic planning, indicating that they have gained valuable experience and skills. It looks like the education from Penn State provides a solid foundation for career growth in finance and corporate sectors. However, it's also notable that not everyone follows a linear path; some grads venture into completely different fields like law and education. This can either be seen as a failure to use their degree directly or as a testament to the versatility of an economics background.

On the flip side, there are definitely examples of grads who end up in roles that seem less related to economics. Some find themselves in marketing and retail management, while a few others take on administrative or operational positions that don’t directly relate to their degree. This could lead to a conversation about the pitfalls of higher education in some cases—essentially, students might not always end up where they expected. It's a mixed bag for sure, making it clear that while many do find meaningful careers that utilize their economics skills, others might struggle to connect their education with their job roles. Overall, though, it looks like a considerable number of Penn State Econ grads have successfully integrated their education into strong, relevant career paths, which is definitely a positive takeaway!

How hard is a Economics degree from Penn State University?

Getting a Bachelor’s degree in Economics at Penn State can be a bit of a mixed bag, to be honest. It’s definitely not the easiest major out there, but it’s also not the most brutal one either. You’ll need to tackle some pretty heavy math and statistics, along with theories that can get pretty complex, especially if you dig into micro and macroeconomics. If you’re someone who enjoys analytical thinking and has a knack for math, you might find it more manageable. On the flip side, if you're not super into numbers or abstract concepts, it could feel a bit overwhelming at times. Overall, it’s challenging but definitely doable if you're willing to put in the effort!

How long does it take?

Most commonly, in the LinkedIn profiles we've looked at, it takes people 4 years to finish a Bachelor degree in Economics.

Do Economics graduates from Penn State University tend to make good money?

Looking at the job histories of these Penn State Economics graduates, it's pretty clear that many of them found their footing in decent-paying jobs, especially in finance, law, and business management. For instance, graduates who ventured into law careers, like the Trial Lawyer at The Beasley Firm or the Managing Attorney at Zwicker & Associates, are likely pulling in substantial salaries since legal professions often come with a good paycheck. Similarly, those specializing in financial analysis or management positions in reputable companies like Vanguard and Nike generally tend to earn quite well, especially as they climb up the corporate ladder.

On the other hand, some graduates took paths that may not be as lucrative. For example, those who spent time in roles like Delivery Expert at Domino's Pizza or working in retail might not have made as much money initially. However, many of these individuals transitioned into roles that suggest an upward trajectory in their careers. The fact that several have landed progressively better positions indicates that they are likely building their income potential over time. Overall, while there’s a mix of experiences, many of these alums appear to be on track to earn decent to significant salaries as their careers progress.

What buzzwords do Economics graduates use to describe themselves?

Here is a visual representation of the most common words seen in the "about" section of LinkedIn profiles who have a Bachelor degree in Economics (this is across all Economics graduates we've analyzed, not just those who went to Penn State University). This may or may not be useful:

What are the best colleges for Economics?

Here are all colleges offering a Bachelor degree in Economics (ordered by the average relevance score of their Economics graduates, best to worst) where we have analyzed at least 10 of their graduates:

College Score Count
University of Chicago 83 22
Northwestern University 80 26
Middlebury College 79 13
Davidson College 79 11
Miami University 78 10
Columbia University in the City of New York 78 10
University of Notre Dame 75 11
University of Maryland College Park 74 32
Villanova University 74 14
Dartmouth College 74 16
Indiana University Bloomington 73 15
University of Michigan 73 51
University of California, Berkeley 73 56
The University of Texas at Dallas 73 12
Boston College 73 33
Harvard University 73 20
The Ohio State University 72 26
University of North Carolina at Chapel Hill 72 26
Binghamton University 72 18
Rutgers UniversityNew Brunswick 71 11
Hillsdale College 71 13
Penn State University 70 51
Clemson University 70 17
University of Utah 70 19
University of Minnesota 70 13
Duke University 70 13
The University of Texas at Austin 69 44
Michigan State University 69 33
The University of Georgia 69 12
University of Pennsylvania 69 18
Yale University 69 15
Florida International University 68 18
Hamilton College 68 14
University of North Texas 67 14
Brigham Young University 67 26
University of California, Los Angeles 67 44
Colorado State University 67 15
Boston University 67 13
University of Massachusetts, Amherst 67 10
Vanderbilt University 67 19
Arizona State University 66 30
UC Santa Barbara 66 19
William & Mary 66 11
University of Massachusetts Boston 66 10
College of the Holy Cross 66 17
University of South Florida 65 15
University of Illinois at Urbana-Champaign 65 24
James Madison University 65 11
University of Colorado Boulder 65 26
University of Southern California 65 24
University of Maryland 65 23
Syracuse University 65 11
University of California, San Diego 65 15
Fordham University 65 15
Stanford University 65 12
University of Wisconsin-Madison 64 48
University of Houston 64 19
San Diego State University-California State University 64 13
University of Florida 63 35
New York University 63 37
University of Virginia 63 30
University of Connecticut 63 23
University of California San Diego 63 11
Texas A&M University 62 46
University of Pittsburgh 62 20
Northeastern University 61 16
Cornell University 61 18
University of Miami 61 14
University at Albany, SUNY 61 18
University of California, Davis 60 33
University of California, Santa Cruz 60 11
University at Buffalo 60 16
Virginia Commonwealth University 59 11
Texas Christian University 59 16
Tufts University 59 10
Spelman College 59 12
Occidental College 59 11
Florida State University 58 37
University of Oregon 58 24
UC Irvine 58 13
Stony Brook University 58 10
The George Washington University 58 14
Emory University 58 11
University of Iowa 57 13
Santa Clara University 57 11
University of Washington 56 29
Rutgers University 56 15
Loyola Marymount University 56 11
University of Central Florida 55 12
University of Arizona 55 16
University of Hawaii at Manoa 55 12
Southern Methodist University 55 13
Georgia State University 54 17
University of Minnesota-Twin Cities 54 16
Denison University 54 13
California State University-Sacramento 53 19
George Mason University 53 22
University of Delaware 53 11
San Diego State University 51 17
Northern Illinois University 51 12
University of California, Irvine 51 10
University of Georgia - Terry College of Business 51 10
Queens College 50 16
The University of Texas at Arlington 48 12
University of California, Riverside 48 14
North Carolina State University 46 10
San Jose State University 45 16
University of Nevada-Las Vegas 44 10
Baruch College 44 11
Wake Forest University 44 11
University of South Carolina 38 10
Temple University 35 11
United States Military Academy at West Point 23 15