Alternatives to an Economics PhD
November 4, 2011 6:10 PM Subscribe
I am planning on applying to economics PhD programs for next year, but before I commit I wanted to think about alternatives, especially in light of all the articles lately about how PhD programs and academia in general are a pyramid scheme.
What other careers/education might be a less painful way of getting to a job that fits my life goals.
posted by vegetableagony to Education (13 answers total) 4 users marked this as a favorite
If I could have any job I wanted, I'd be a economics professor, but are there any jobs that would be easier to get than the dwindling supply of tenure track jobs? I think I have a decent shot at a top 20 econ program, but I'm not a clear shoe-in.
If I wasn't doing research of my own choosing, I wouldn't want to average more than 40 hours a week but I'd like to eventually be making around 100K. (I currently make around that, for working 50 hours in a consulting job.) This seems to rule out most of the finance / MBA jobs that I know of.
I have a strong background in advanced mathematics and economics, and have two years of experience doing lots of data analysis and regressions. I've done some programming in several different languages, but I'm not up at the level that a CS major would be.
I'm open to getting some other kind of degree or leaving work and learning skills independently.
I'd be happy with any sort of job where I am helping a business analyze data to make decisions (either directly doing it or directing someone else).