Are you passionate about the business and finance sector? Do you follow the national and international news? Then, an Economics degree is the answer. It has always been one of the most sought-after degrees amongst youth.
Economics degrees are designed to tackle all the issues that have an impact on financial situations, ranging from production to how resources are used. Candidates are trained to understand how the economy suffers fluctuations based on the market’s needs and wants followed by the market’s supply and demand.
By far one of the most crucial elements is that economics is divided into microeconomics and macroeconomic. Microeconomics deals with the economic behaviour at an individual level (companies, buyers, sellers and others), whilst macroeconomics illustrates the bigger picture, on a national or global scale (unemployment, economic growth, inflation and so on).
Having an economics degree increases anyone’s chances to find a job, regardless of the field. This is mainly due to the fact that graduates hold many transferable abilities, such as analytical and problem-solving skills, that are suitable for any career.
A study made by the London School of Economics and Political Science showed that graduates from an economics course have a starting salary of £33,000 per year. Having a job in the field right after graduation is a major positive aspect and comes with a lot of opportunities for career advancement.
Economics degrees are usually a three years commitment and sometimes are offered as part of a joint degree. This means that Economics can be studied along with another subject such as engineering, management, law, computer science and others.
This degree can be found either as a Bachelor of Science (BSc) or Bachelor of Arts (BA). The BSc focuses more on economical theory and statistical techniques, while BA is combined with social sciences and qualitative modules.
LUMS offers a highly competitive study environment that challenges us to think critically and beyond our limits. The high quality learning equipment, library and science labs make the experience enjoyable and worth it. The campus also overs a wide array of extracurricular activities and sports facilities.
View moreThe educational environment is very competitive as the best from around the country come here to study. The program along with high quality educational facilities, laboratories and well trained educational staff also offers a range of extra curricular activities and sports.
View moreLums offers a joint major in economics and mathematics. However, the degree is not very practical, and confines your prospects to the research field. The program does not offer a lot of statistical learning, with Stata being the only program that was taught. However, the university culture is very diverse and allows both professional and personal development. The program is well-structured, but learning declined severely with the online paradigm.
View moreLUMS gives you the best experience and makes you confident, academically strong. It also enhances your qualities and abilities and makes you believe in yourself.
Its environment and location are good and it is known worldwide.
Overall my experience was really good. I have also recommended it to my friends and family.
I would recommend it as it has a good social science and humanities school. This is amongst the very few in Pakistan. Furthermore, it allows you to engage with students from a variety of backgrounds.
View moreLUMS is a great experience not just for academics but in terms of character building and confidence. It has massive exposure and is valuable for students in their practical life. However the tough competition accounts for a stressful university experience.
View more