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Job Placement

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Overview of Post-Program Job Placement

Graduates of the FSU Applied Masters Program of Economics are strong competitors in business-oriented and other practical, non-academic, job markets. After successfully completing the program, students find that their knowledge and skills are substantially greater than those of undergraduate economics majors, and rival those of MBA graduates in the pursuit of first-time job placement. The FSU Applied Masters Program in Economics is unique in that it extends economics education beyond its traditional form and focuses on applying economics in a practical or business setting.

Beyond the educational value of the curriculum, the Applied Program offers students the essential networking opportunities that have come from developing close relationships with classmates and professors.

Examples of Job Placements:

Most of the FSU graduates of the Applied Masters Program of Economics go into private consulting, state agencies, or federal agencies.

Here are some recent examples of job placements by recent Applied Masters students:

Occupation	Location
Research Associate	Fishkind and Associates, an Orlando consulting firm that specializes in real estate analysis, market research, feasibility studies, and fiscal impact assessments
Economist	World Bank, Ukraine
Client Representative	Marsh USA, Inc.
Risk Analyst	Marsh USA, Inc.
Research Analyst	U.S. Bureau of Labor Statistics, Office of Productivity and Technology
Senior Loan Officer	Clarion Mortgage Capital, Denver, Colorado
Research Associate	Economics Research Services, Inc.
Economist	Agency for Workforce Innovation, Labor Market Statistics, Department of Labor, State of Florida
Research Assistant	American Enterprise Institute, Washington, DC
Legislative Analyst	Finance and Tax Committee, House of Representatives, State of Florida
Legislative Analyst	Commerce and Consumer Services Committee, Senate, State of Florida

Salaries

Salaries differ substantially between different starting jobs. Normally, the starting salaries are substantially above what the student could earn with a bachelors degree. In addition the Masters degree provides opportunities for students to move up in a company faster than a person without such a degree. Unfortunately we are not able to systematically collect data on our graduates' salaries, thus we cannot provide detailed statistics on starting salaries of our students. However, the National Association for Business Economics (NABE) estimates the following median salaries for economists for 2004:

The median beginning salary for an economist with a bachelors degree-$40,000
The median beginning salary for an economist with a masters degree-$50,000
The median salary for an economist with a bachelors degree-$75,000
The median salary for an economist with a masters degree-$90,000

The survey done by NABE is limited to members, and thus has a limited participation, especially for the bachelor's degree. Thus the difference between a bachelor's degree and a Masters degree is probably understated in the above numbers. However, even using their numbers one can observe a starting differential of $10,000 that increases over time.