2. Actuary
Median Salary in USD: 93,370
Minimum Salary in USD: 58,910
Job Outlook (Growth in %): 22.00
Financial markets are having many factors affecting its performance. Social, political, economic, international, geographical parameters can affect the financial markets in either positive or negative manner. These parameters and their interaction along with various other parameters integral to the financial markets increase the uncertainty. Uncertainty gives rise to risks. An actuary’s job which ranks second on our list of entry level job opportunities for economics majors, involves identifying those risks that have an adverse impact on the financial performance and create a mechanism to mitigate risks. There work is essentially important for the insurance sector. Some of the most important skills are statistical modeling and emphasis on detail and presentation skills.
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