Academic career direction
About 70%~75% of PhD graduates in economics enter colleges and universities as teachers. Generally, students who have just graduated will become associate professors first, which is the so-called academic career direction.
Non-academic occupation category
The remaining 25%~30% entered the category of non-academic occupations, and nearly half of them worked in banks, such as economists and economic analysts. The other half entered government agencies, research institutions, international organizations, financial institutions, investment consulting and other institutions to hold research positions.
Highly competitive
It is estimated that there are about 1000 newly graduated doctoral students in economics in the United States every year. Because employment is always limited to the above three aspects, there is no fixed approximate number of job vacancies. However, according to Shu Hong, an American Chinese economist, at least 10 people participated in the interview for each job vacancy, and the competition was fierce.
Return to China for development
Graduates who choose to return to China for development can obtain professional and technical qualifications of economists in China. As long as you get a master's degree and have been engaged in professional work for one year, you are eligible to register; Those who get a doctorate can apply as long as they work for a few months. In China, the employment situation is similar to that in the past, and it is also universities, banks and government agencies. For example, a graduate of Rice University chose to return to China for development last year and is now an associate professor at Shanghai Jiaotong University.