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.
I just finished my first year successfully at the Faculty of Economics, at the University of Belgrade.
My first impressions of the study programme were positive, the books we are using are super up to date, sometimes even the same ones that are used at the most prestigious schools in the world. For some lectures you will have to just sit down and work really hard, but no means is it very difficult to pass.
My faculty has many different types of collaborations with different schools including the London School of Economics, so that is always a big plus. There are a lot of student exchange programmes you can enroll to and study abroad.
Overall my experience so far is very positive, especially having the price in mind, which is pretty cheap, and also there are a lot of scholarships you can get.
I think that the Faculty of Economics is a great opportunity to acquire both theoretical and practical knowledge. We work from numerous foreign textbooks, which equates us with students around the world in terms of knowledge. Numerous competitions are organized, professors are always ready to help. The disadvantage is that you have to look for knowledge on your own and no one will pull you by the sleeve and say what all the options are. You have to research on your own and advocate for the many opportunities that the faculty offers.
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