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Economics and an Ethical Career

Looking for a career and wondering what jobs there are combining, economics and an ethical future. Looking at Winthrop or a highly-rated online school for Economics and wondering what else to take? Finance seems practical and common. Definitely want a well paying job. But would be interested in possibly research for what changes can be made to increase wealth and health to as many people as possible while remaining fair, ethically, and environmentally friendly. I support business models like Target (the retail store) and would interesting in working on their team. Suggestions on jobs/careers and college directions? I don't have the funds yet, but have been researching getting into ethical and green and sustainable investing funds, maybe helping people with personal finances (lessons or advisor), or changing the GDP we use to measure our nation's wealth to be more precise and probably include other factors. Just looking what directions and futures are available to me

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Alexandra’s Answer

Hi Brittany,

This is a great question. Fortunately, an Economics degree can open up doors to many different industries, although, like you mentioned, most people end up going into finance. For what you are describing, it seems like you could enjoy economics consulting. Economic consultants study and analyze different industries, ranging from financial services to healthcare, public and social sector, education, and a multitude of other different areas with the purpose of providing advice on how to improve certain aspects of their business model, as well as assisting in decision-making processes. If you are interested in studying sustainability initiatives and socio-economic factors, this could potentially be a path for you. Best of luck!
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Harry’s Answer

Hi Brittany, hope you are well. Great to see your interest in both economics and ethics. Based on what you have written here, it sounds like you are motivated by helping to improve the social welfare of a wide audience of people. One career choice you could take is down the sustainability consultancy route, in particular, you could focus on the topic of circularity (something Target have committed to by 2040).

This type of career choice gives the opportunity to experience a breadth of different businesses in various industries, thus meaning you would be able to help shape how different companies impact a wide variety of people.

Companies that commit to such work include IBM (where I work), Accenture, Deloitte, EY.

Let me know your thoughts on this as I can see it diverts away from your interest in sustainable investing funds.
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George’s Answer

Hi, Brittany, I would like through the Ethics & Public Policy Center website (https://eppc.org/) for advice, suggestions and leads, as they are the premier institute working to apply the law, culture, and politics, in pursuit of America’s continued civic and cultural renewal. Social good balanced with economics is a fine characteristic! All the best!
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Patrick’s Answer

hi Brittany,

A solid economics education is a great foundation for many careers. Since working for an ethical company is high on your list, i would recommend looking at some of the firms that evaluate companies based on ethics. i do agree with you that this is a very important factor when considering a place to work. You will spend a huge part of your life working, and that time will be so much more enjoyable and rewarding if you are putting all that effort into a firm that aligns with your ethics.
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Michael’s Answer

Economics is very dynamic degree, which is why many individuals pursue one. In obtaining a degree in this area of study you will learn to think critically and logically about problems, and possibly outcomes as a result. You can certainly leverage not only the concepts specific to the area of study, but also those critical thinking tools, and apply them to a variety of industries. In terms of more industry relevant positions to consider, working as a Financial Advisor is a rewarding career. Not only will you have opportunity to create a great career for yourself, but you will also be acting as a fiduciary to clients and their families. Leveraging your degree in this particular role can directly and positively impact the lives of your clients!
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