The field of economics is fast growing with more and more new job roles being created. The demand for MA Economics students has increased day by day. There are new roles being created for skilled economists in this field.
The present article tries to explore some of the important job roles available after MA Economics course.
Let’s discuss them in detail
Chartered Accountant
The Chartered accountants are responsible to give advice, audit accounts and provide trustworthy information about the financial records. In some situations, they are also involved in different areas like financial reporting, taxation, auditing, forensic accounting, corporate finance management, business recovery and insolvency, accounting systems and processes.
Role of a Chartered Accountant
The Chartered Accountants work in a range of organisations that includes public firms, private organisations, non-profit organisations, NGOs, schools, colleges and universities, etc. The main aim of the Chartered Accountant is to work strategically and maximise the earnings and profits on behalf of the clients or employers.
Responsibilities of a Chartered Accountant
As the Chartered Accountant, one is responsible to:
- Manage financial systems
- Undertake financial audits of the clients or the organisations
- Provide proper financial information and advice for the clients or the employers
- Maintain accounting records and prepare accounts and management
- Advise the organisations on major business transactions such as mergers and acquisitions
- Generate annual financial reports of taxation for the individuals and organisations
- Produce reports and recommendations for business improvements based on the internal reports of audits or public sector audits
Salary and Emoluments
The fresh MA Economics students will be easily earning around 5 lakhs to 8 lakhs per annum as chartered accountants. The experienced professionals will be earning around 10 lakhs to 20 lakhs per annum.
