Bright Network (2024)

A degree in Economics can lead to a wide range of career areas. Very few Economics graduates will go into a career as a professional economist. Economics graduates are particularly competent in finding employment, with the majority gaining employment within six months of graduating.

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A degree in Economics will equip you with sophisticated numerical and analytical skills.

Banking

Banking is a wide sector containing many different roles. These roles aren’t always clear cut but can be broadly divided into retail banking and investment banking. High Street banks like RBS, Lloyds and HSBC sit across both these functions, as well as having corporate and investment banking operations. Investment banks - including Goldman Sachs and Berenberg -covers areas such as mergers and acquisitions, foreign exchange, sales and trading. The work can be challenging and stimulating and particularly satisfying. Typically, this sector pays very well however hours can be long and unpredictable.

Discover investment banking graduate jobs.

Accountancy

You don’t have to have a degree in accountancy to become an accountant. A degree in Economics will equip you with sophisticated numerical and analytical skills – perfect for exploring an accountancy role. Accountants work in all areas of business as well as the public and voluntary sectors.

Work in private practices tends to be around audit: visiting clients and reviewing their business operations and financial records to verify and review their accounts. Various professional bodies regulate the training and work of accountants in UK, but generally, qualification as an accountant involves three years of study, exams and relevant employment.

It's important to gain experience throughout university and big accountancy firms will offer a range of summer internships. When applying, remember to check out how to take common accountancyinterview questions.

Discover roles in Accounting, Tax & Audit.

Actuarial work

Actuaries apply mathematical and statistical techniques to solve business problems, so if you are a keen problem solver and relish a challenge, a role in this area could be for you. Actuaries work out the degree of risk on life assurance policies pensions, employee benefits and investments. Opportunities are offered with big graduate employers including KPMGand Deloitte, however, work in this field tends to be with smaller, independent firms like Hymans Robertson. Mathematicalskills are just part of an actuarial role - excellent communication skillsare key when working with colleagues and clients.

Insurance

The insurance industry offers a wide range of jobs including risk management, investment management, pensions management, sales and underwriting. In this sector, you will be responsible for arranging insurance for clients having deduced and analysed their requirements. This will involve calculating risks and suggesting appropriate insurance. You will then be required to negotiate with insurance companies to get the best policies for clients.

If you're interested in insurance and risk management, there are some big-name firms that should be on your radar.

Discover roles in Insurance & Risk Management.

Public sector and defence

Public sector and defence careers are all about working for the government. A huge variety of careers are available within this area including police officers, civil servants and many more. Our day to day life is influenced in so many ways by the work of those in the public sector, so careers in this area can be particularly exciting and rewarding. The most popular entry route is through the Civil Service Fast Stream.

With your degree in economics, you would be well suited for roles with HMRCand FCA.Careers will offer stability, a competitive salaryand good opportunities for progression. If you’re looking to use your skills to provide a service for the public interest, this is an excellent route for you.

Discover graduate jobs in the public sector.

Consulting

Consultany is the service provided to businesses to help identify and investigate problems concerned with policy, organisation, procedures and methods. As a Consultant, you will recommend appropriate actions and solutions and help to implement the strategies that you suggest. You may advise on organisational structure and development, the use of technology or systems analysis and design. Analytical skills are key in this sector.

As an economics graduate, you can apply your understanding ofconcepts and policy, andapply it to the reallife business situations.

Discover consulting graduate jobs.

Charity

Graduate roles in the charity sector are hugely diverse, covering fundraising, PR, events and much more. Gaining experience in this sector can prove challenging and may involve voluntary or unpaid work. This is a fantastic avenue to pursue if you want to use your skills to benefit society. Fundraising, in particular, has proven to be an area of growth in the charity sector and requires sharp, analytical minds who thrive in a target driven environment.

Here are our top tips for building experience and ultimately securing a graduate job in the charity sector.

Discover roles in Charity & Social Enterprise.

Financial PR

PR is becoming an increasingly popular career choice amongst graduates, but Financial PR, in particular, is a specialist route that you would be well equipped to explore with an Economics degree. PR is a sophisticated business tool used to tell a story to the public and promote products, services or news items. It's a tenacious industry, so you have to be persistent, passionate and well-informed. Financial PR is a specialised niche area within the industry that involves dealing with both the financial media and the financial community, such as investment bank analysts.

Journalism

This is a career path for those passionate about reading and writing. Even though you have developed sophisticated mathematical skills in your Economics degree, your knowledge of industry and commerce will be particularly useful in this area. You will be involved in the interpretation and presentation of news and other items of topical interest. Potential employers include the BBC, independent TV and radio firms, international broadcasters and news agencies.

Here's what you can do during university to help you secure a journalism graduate job.

Discover journalism and publishing graduate jobs.

Digital Marketing/Media

This area is growing at a rapid rate and includes channels such as email, websites, social media and texts to promote products, services and events to a specific target audience. Roles include Digital Account Managers, Search Engine Optimisers and Social Media Managers. The analytical skills that you have gleaned from your degree will be particularly useful, as well as an awareness of current affairs and popular trends. Here's what you need to know about a career in digital and media marketing.

Discover roles in Marketing.

These are just a few suggestions on sectors and avenues that can be explored after graduation, but it’s worth spending time thinking about your interests and work experience and how these could relate to a graduate role that excites and challenges you.

Discovergraduate opportunities with Bright Network

Whether you're ready to apply for graduate jobs, or you simply want to see what's out there, browse graduate jobs to get started and take the next step towards your career.

Bright Network (2024)

FAQs

What does the Bright Network do? ›

We are a high-growth media tech platform changing the way undergraduates and graduates connect with leading employers. With over 300 firms already on board, Bright Network enables companies to reach and recruit a diverse and inclusive pool of high-calibre talent.

Is Bright Network free? ›

Welcome to Bright Network - the no. 1 free careers platform that supports students from their very first year at university all the way through to securing that perfect graduate role.

Is Bright Network paid? ›

Bright Network is a free membership network designed to help university students and recent graduates across the UK connect with employers and get the support they need to fulfil their potential.

How do I contact Bright Network? ›

Our phone number is 0207 197 9902.

What is similar to Bright Network? ›

Bright Network's competitors and similar companies include Hoban, bta Sales, coHired and BizReach.

What is the mission statement of the Bright Network? ›

James Uffindell founded Bright Network with one clear mission - to connect the next generation with equal access to the opportunities, insights & advice they need to thrive as the workforce of tomorrow. How we've done this has continued to evolve over time.

What is the Bright Network ID? ›

Your Bright Network ID is a unique number assigned to you. If you need your membership ID for an EY Empower application where we've referred you to EY, it will be in the email which gives you a link to continue your application with EY.

What is Bright Network Technology Academy? ›

What is the Bright Network Technology Academy? The Bright Network Technology Academy is Bright Network's commitment to supporting our members to develop their technical skills and secure roles in the world's best Technology Teams.

What does SEO London do? ›

Sponsors for Educational Opportunity, Ltd. (SEO London) is a UK-registered charity delivering superior educational, training, and mentoring support to young people from low socioeconomic and ethnic minority backgrounds.

What is the Bright Network Insight Day? ›

Insight Day - Wednesday 26th June 2024 | Bright Network.

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