The Importance of Economics

Economics is the foundation of modern civilization. Economists are in demand in all countries and in all sectors of business. A quality economic education opens up a wide range of career opportunities—from finance and marketing to public administration and international projects.

Where to Study

Modern programs are available at universities in China, South Korea, Turkey, Europe, and the United States. Curricula are designed to meet the real needs of the economy, allowing students to develop practical skills during their studies.

Popular Fields

• Business Administration and Management
  • International Management and Global Business
  • European Economic Studies
  • Finance and Accounting
  • Economics and Public Policy
  • Enterprise Economics and Law
  • Risk Management and Insurance
  • Strategic Management and Business Informatics
  
  Fields, Skills, and Career Prospects

Field	Key Skills	Professions	Average Salary
Finance	Analytics, risk management, investment handling	Financial Analyst, Risk Manager, Auditor	€2000–4000
Marketing	Advertising strategies, market analysis, digital promotion	Marketer, Brand Manager, Digital Specialist	€1800–3500
Management	Business organization, HR management	Project Manager, HR Manager, Administrator	€2200–4000
Public Sector	Economic policy, data analysis, forecasting	Economic Analyst, Public Procurement Specialist	€2000–3800

 

Bachelor’s Degree

Program Duration
Programs usually last 3–4 years. The first years focus on core disciplines, while in later years students choose a specialization.

• Management – organization, business administration, accounting, and social responsibility.
  • Marketing – market principles, marketing strategies, digital promotion technologies.
  • Finance – financial flows, risk management, international trade.
  • Communications and Media – PR, public relations, digital communication.

Turkey as an Example

• Abdullah Gül University – 100% English-taught programs with flexible curricula.
  • Sabancı University – ranked among the top 10 young universities in the world.
  • Istanbul Bilgi University – Faculty of Economics and Business with international programs.
  • Kadir Has University – English-language undergraduate and master’s programs.
  • TED University – modern English-taught programs with a strong focus on practice.

Professional Qualities of an Economist

An economist combines knowledge in mathematics, analysis, statistics, and management. For successful work, one needs:
• Analytical thinking
• Proficiency in modern IT tools (Excel, ERP, analytical platforms)
• Ability to plan budgets, forecast risks, and make strategic decisions

Advantages of the Profession

• High demand in the labor market
  • Prestige and stability
  • Competitive salary and career growth opportunities
  • Opportunity to work in international companies

Disadvantages of the Profession

• High competition
  • Constant need for professional development
  • Stressful situations, long and irregular working hours