Economics Beyond UMass

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Economics majors beyond UMass In choosing an economics major, you open many doors for potential career options and a bright future. The variety of public and private sector careers in economics means that there is a wide range of opportunities that could fit your goals. Your personal interest in economics, the ease with which the demands of the major mesh with your skills, and your long-term career goals all affect the extent to which this major suits you. Economics Beyond UMass College of Social and Behavioral Sciences Who could you work for with an economics degree? Analysis / Forecasting Firms Banks / Credit Unions Insurance Companies Management Consulting Firms Think Tanks / Research Institutions Media International Trade Companies Government Agencies Market Research Firms Bi-Lateral or Multi-Lateral Organizations (OAS, UN, OAU, EU) Manufacturing Corporations Real life internships of UMass economics majors JP Morgan Chase - various locations Federal Reserve Bank - various locations NY State Division of the Budget – Albany, NY State Street Corporation – Boston, MA Citicorp Investment Company – Singapore TJX Companies, Inc. – Framingham, MA IBM – Somers, NY Consumer Protection Bureau - Washington Baystate Medical Center – Springfield, MA Liberty Mutual Group – Portsmouth, NH Donahue Institute – Amherst, MA MA State House – Boston, MA Boeing Corporation – Huntington Beach, CA Metropolitan Opera – New York, NY Morgan Stanley Smith Barney – Morristown, NJ Verite – Amherst, MA What is economics? Economists attempt to understand the economic choices of individuals, families, firms, and other institutions. How do parents allocate time and other family resources, or how do firms decide what to produce? They also attempt to understand the workings of the economy as a whole. What causes inflation, unemployment, inequality? Why does the cost of medical care rise faster than other costs? Economists have developed principles and methods that help them to think about these problems.

Transcript of Economics Beyond UMass

Page 1: Economics Beyond UMass

Economics majors beyond UMass In choosing an economics major, you open many doors for potential career options and a bright future. The variety of public and private sector careers in economics means that there is a wide range of opportunities that could fit your goals. Your personal interest in economics, the ease with which the demands of the major mesh with your skills, and your long-term career goals all affect the extent to which this major suits you.

Economics Beyond UMassCollege of Social and Behavioral Sciences

Who could you work for with an economics degree?

• Analysis / Forecasting Firms• Banks / Credit Unions• Insurance Companies• Management Consulting Firms• Think Tanks / Research Institutions• Media

• International Trade Companies• Government Agencies• Market Research Firms• Bi-Lateral or Multi-Lateral Organizations

(OAS, UN, OAU, EU)• Manufacturing Corporations

Real life internships of UMass economics majors

• JP Morgan Chase - various locations• Federal Reserve Bank - various locations• NY State Division of the Budget – Albany, NY• State Street Corporation – Boston, MA• Citicorp Investment Company – Singapore• TJX Companies, Inc. – Framingham, MA• IBM – Somers, NY• Consumer Protection Bureau - Washington

• Baystate Medical Center – Springfield, MA• Liberty Mutual Group – Portsmouth, NH• Donahue Institute – Amherst, MA• MA State House – Boston, MA• Boeing Corporation – Huntington Beach, CA• Metropolitan Opera – New York, NY• Morgan Stanley Smith Barney – Morristown, NJ• Verite – Amherst, MA

What is economics?Economists attempt to understand the economic choices of individuals, families, firms, and other institutions. How do parents allocate time and other family resources, or how do firms decide what to produce? They also attempt to understand the workings of the economy as a whole. What causes inflation, unemployment, inequality? Why does the cost of medical care rise faster than other costs? Economists have developed principles and methods that help them to think about these problems.

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Contact UsOffice of Career and Professional DevelopmentAdvising Resource Center | 128 Thompson Hall | Amherst, MA 01003 Tel: (413) 577-1057 | www.umass.edu/sbs/sbs-advising-resource-center

Trace Dodge ’19 Economics & Political ScienceDirector's Financial Analyst - Consumer Financial Protection BureauThe Director’s Financial Analyst program at the Consumer Financial Protection Bureau is a two-year (with the option to extend to four) rotational fellowship. Currently, I am in my first rotation and assigned to the Operations Front Office at the CFPB. I work directly with the Chief Operating Officer, her deputy and senior aides to identify, develop and implement actionable strategies to drive business transformation and efficient, repeatable, and consistent policies and processes across the Bureau. This includes program review, data analysis, process improvement, and program development to inform leadership decision-making, build a culture of collaboration, and develop best practices. Much of my position is dedicated to a consulting-esque role to support, and

achieve, initiatives of Bureau leadership. My second rotation will begin in Summer 2020, and I’ll enroll in law school (most likely to begin a dual JD/MBA) in Fall 2021. While at UMass, I interned in the Office of Senator Elizabeth Warren, was a Legal Assistant at UMass Student Legal Services, and was a Research Assistant in the Department of Political Science. While at UMass, I also:

• Played Intramural Hockey• Participated in the Best Buddies Program• Became a member of the Phi Beta Kappa Society

Alumni in EconomicsCollege of Social and Behavioral Sciences

Tom Aulenback '19, EconomicsConsultant at the Pentagon - IBM

I am currently working for IBM as a consultant at The Pentagon in Washington, D.C., where I am assisting The Air Force in developing its long-term financial plan. My team considers the Air Force’s overall mission, and then distributes funding in order to carry out that mission. My favorite part of my job is working alongside all of the outstanding military service members.

I spent the Summer before my senior year as a financial analyst intern for IBM in Minnesota. I was then offered a full-time job as a consultant in Washington, D.C. I also did internships at Senator Elizabeth Warren's Office, and for State Street Corporation.

While at UMass, I:

• Was a Peer Advisor in the SBS Advising Resource Center• Studied abroad in Barcelona, Spain• Rebuilt houses after Hurricane Florence as part of an

Alternative Spring Break trip