Highly paid professions: who are economists?

Who is an economist? It would seem a simple question, but the trouble is, to give him the same simple answer clearly will not work. And all the fault of the specifics of this profession with its complex dogmas and responsibilities. And yet, to give a basic idea of who such economists are (in Russia, in particular), it is possible.

This requires looking at the profession from the side and highlighting the most important points, such as the main responsibilities of the economist, the required level of knowledge, as well as the possible areas of application of his skills.

Who are economists?

The first economists appeared long before the formation of modern states and peoples. So, back in ancient Egypt, merchants thought about how to reduce the cost of transportation of building materials, without sacrificing anything at all. Let these reflections and were rather primitive, yet they were an example of the first economic strategy.

Over the years, the need for compiling business plans has only increased. And when the market relations became so saturated and unpredictable that one person could not follow them, the first economists appeared.

Features of the profession of economist

As stated earlier, these specialists are responsible for developing methods for improving the work of the enterprise. If we talk about who such economists are in the broad sense of the word, then we can derive the following formulation. An economist is a specialist whose efforts are aimed at increasing the profit of an enterprise by reducing the cost of production.

It is not easy to do this, especially in the conditions of fierce competition. And if the economist wants to achieve success in his business, then he will have to approach his work with all seriousness. To do this, you need to study your own company from top to bottom, in order to understand all the processes that occur inside it.

In addition, do not forget about external factors. After all, the situation on the market always changes, and you need to be able to balance, in order to make timely decisions.

What is the difference between an economist and an accountant and a financier?

Now quite often confused profession accounting, economist and financier. This is a very sad fact. Let them and are closely related, yet they are completely different positions. Therefore, in order to dispel the fog of misunderstanding, we will put everything in its place:

1. The accountant is the first step in the financial hierarchy at the enterprise. The main duty of this specialist is to collect information on all monetary transactions. That is, the accountant keeps records, fixes costs and profits, and also monitors tax payments.
2. The economist makes sure that only the technologies and techniques that are beneficial to the enterprise are used in production. Thanks to the accounts of accountants, he sees the problematic moments in the financial system of the company and suggests ways of solving them.
3. The financier is the master of investments. This specialist is responsible for the introduction of new business ideas that can bring additional profit.

As you can see, there is a difference in these professions, therefore, when choosing the future place of work, one must pay attention to the requirements for candidates. After all, it often happens that the company saves in the workplace and joins several professions together.

By the way, it is the job description of an economist that determines the range of his duties. Therefore, before you sign it, you need to carefully read its contents.

Where to get an economist education?

In order to become an economist, you need to get a higher education. Consequently, the path of a young specialist begins at the threshold of the university. In general, for admission, you must pass the exams in mathematics and the Russian language, and in some cases, pass an interview.

More importantly, you need to choose the right institution. After all, in the world of finance without a good reputation, it is very difficult to find decent work. Therefore, it is worthwhile to study the information about which universities the famous economists of Russia graduated from, and try their best to get there.

Also, it is necessary to give preference to institutions that specialize in financial education. After all, the diploma obtained in the banking academy is much more prestigious than the same document, only from an agrarian university.

Prospecting work

With who such economists have figured out, now it is necessary to understand: where to go to work with such an education?

To begin with, one thing should be understood: one can not get a job without prestigious position without work experience. Except when the young specialist has good recommendations or connections with the company's management.

Otherwise, you will have to work in a small company for 2-3 years. Perhaps, even in the specialty of "accountant-economist", as in such companies this post is often adjacent. But do not be discouraged, this practice will be beneficial, because it will help to strengthen and add fresh skills to the already sharpened arsenal.

Advantages and disadvantages of the profession

Let's talk about the pros and cons of the profession. After all, whatever one may say, an economist is not a simple worker, hence, the requirements to him will be more serious.

It should be noted that there are a lot of specialists in this field at the labor market. This intensifies competition, and only the most experienced and experienced economists receive prestigious work. In addition, the job description of an official economist often has a clause in which compensation is provided for damage. And when you work in a company that earns millions, you can not help realizing how serious consequences can be.

And yet, there are more positive moments. After all, an economist is a managerial position, and therefore one can safely count on a warm office, even if not his own. Also attractive is the prospect of career growth, and there is clearly no limit to the margin. And finally, the financial side. The economist is a highly paid profession, and therefore one can not worry about the prospects for the future.