AppliedEcon

I know this forum is mainly about getting in PhD programs but some of us are finishing and entering the job market. One of the non-academic jobs I am looking at asks for my salary expectations. Does anyone here with experience on the job market have information to help me answer that question. My school is a top 3 AREC program and my interests include econometrics and applied micro. I have solid references from well know professors. The job I am applying for is in a high cost area.

Ryanmagic, This is a useful page from the UMD AREC department: //www.arec.umd.edu/Academics/

If you can get funding in a later cycle and improve your application then yes. Technically, you'd need to transfer after matriculating to the first program. Any action that causes the university to maintain a permanent record of your attendance probably count as matriculation. Practically speaking, I doubt that there are "transfer police."

Elliephant wrote: If Bjørn Lomborg is the concrete example, maybe there is an outcry because it is rational. Here is a passage from Wikipedia: Are there other public outcries or is this it?

This thread started with: Does anyone have concrete examples of these public outcries?

From the US Occupational Outlook Handbook: . It should be noted that a master's degree is sufficient for most of these positions.

Nanashi said: Bias is generally associated with unfairness so I looked up the definition of bias: When other factors are roughly equal, I do think it is fair to prefer individuals with good English skills over others. Ideas that can not be communicated to others aren't that useful in research or teaching.

Did you apply by the funding deadline: If you didn't, see if you can defer admissions a year since If you did make the deadline then wait a year and apply to a broader range of programs. Your cost of attendance at UNC as an unfunded out-of-state student will be about $37k/year (//studentaid.unc.edu/studentaid/cost/ssa_ug_general.html) and the two year attrition for programs of UNC's rank is about 30-40% (//www.aeaweb.org/joe/articles/2006/attrition.pdf). That's a pretty risky investment. Whatever your situation, you shouldn't take the lack of funding to heart. Many state schools are having funding problems this year and have reduced the number of assistantships. For example, NC State offered about half as many this year as last.

From the US Occupational Outlook Handbook: "Job Outlook About this sectionhttp://www.bls.gov/images/icons/icon_small_help.gif Employment of economists is expected to grow more slowly than the average for all occupations. The demand for workers who have knowledge of economics is projected to grow faster, but these workers will commonly find employment in fields outside of economics, such as business, finance, or insurance. Job prospects for economists will be best for those with graduate degrees in economics. Employment change. Employment of economists is expected to grow 6 percent from 2008 to 2018, which is slower than the average for all occupations. Demand for economic analysis should grow, but the increase in the number of economist jobs will be tempered as firms hire workers for niche areas with specialized titles. Many workers with economic backgrounds will work in related fields with more specific job titles, such as financial analyst, market analyst, public policy consultant, researcher or research assistant, purchasing manager, or a variety of positions in business and the insurance industry. Overall employment growth also will be slowed because of the relatively high number of economists—about 53 percent—employed in declining government sectors. Employment growth should be fastest in private industry, especially in management, scientific, and technical consulting services. Rising demand for economic analysis in virtually every industry should stem from the growing complexity of the global economy, the effects of competition on businesses, and increased reliance on quantitative methods for analyzing and forecasting business, sales, and other economic trends. Some corporations choose to hire economic consultants to fill these needs, rather than keeping an economist on staff. This practice should result in more economists being employed in consulting services. Job prospects. In addition to job openings from growth, the need to replace experienced workers who retire or leave the labor force for other reasons will create openings for economists. Individuals with a background in economics should have opportunities in various occupations. Some examples of job titles often held by those with an economics background are financial analyst, market analyst, public policy consultant, researcher or research assistant, and purchasing manager. People who have a master's or Ph.D. degree in economics, who are skilled in quantitative techniques and their application to economic modeling and forecasting, and who also have good communications skills, should have the best job opportunities. Like those in many other disciplines, some economists leave the occupation to become professors, but competition for tenured teaching positions will remain keen."

I'm going to UMD for AREC and I didn't have any LOR from well known professors, take any graduate level courses, do any math competitions, or have any journal publications. I graduated summa cum laude with a BS in Economics and Mathematics and did two research projects.

Then do that. It will show you are capable of coming up with your own ideas and research methods independent (or semi-independent) of an advisor.

Here is a quote from the Princeton Center for Finance's placement page: "In broad terms, students with prior work experience are compensated in terms comparable to an MBA graduate; students without prior experience are compensated somewhere in between an undergraduate and an MBA graduate (who often have a few years of work experience prior to completing their degree). The average first year starting salary of our June 2008 graduates was $140,000. These numbers include only salary and guaranteed bonus. In addition, most people receive an additional bonus which is determined based on their performance and that of their group at the end of the year. This additional amount often represents 10 to 25 percent of the base salary for rookies (and often more for those with prior work experience) and is not included in the figures above."

Does your university have senior theses?

Try for research experience to set you apart.

Maybe look at Canada or LSE?