Work experience for Economics students
Employers are looking for rounded individuals who, as well as a talent for economics, have other skills which can be applied in the work place.
So you’ve started your economics degree and you think, “Yes, this is what I want to do with my life.” It may even be that your motivation to study economics was due to the monetary gains in terms of future employment prospects. Unfortunately, this may have been the motivation of the other 25225 undergraduates currently studying economics (source: HESA). The employment market is becoming increasingly competitive for undergraduates. Leaving university with a good degree does not necessarily guarantee you a good job. Hence work experience during your degree will be very valuable.
Work Experience Statistics
We are very often told that work experience is an important part of getting a job but, as economics students, we like to put a figure on it. A poll of employers by Gumtree showed that work experience makes you 95% more employable. The good news carries on: two thirds of employers think candidates with work experience were more knowledgeable, 44% think they are more confident and 40% say they are more committed.