23. Pricing Analyst
Median Salary in USD: 52,555
Minimum Salary in USD: 40,120
Job Outlook (Growth in %): 12.00
Arriving at the right pricing for the given product or service is the function of pricing analysts who rank 23th on our list of entry level job opportunities for economics majors. Apart from that, they are also integral to devising pricing strategies, setting out budget guidelines, and giving guidance on contractual matters related to pricing. They also need to be well connected with the vendors and suppliers to understand current happenings in the marketplace. While working with government agencies, their role might focus on ensuring competitive markets, whereas in private business pricing analysts can work on identifying right prices for the products or can work on the cost-effectiveness of the operations. Some of the most important skills are emphasis on details, strong mathematical skills, ability to work with large amount of data and business networking.
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