Join Date: Apr 2003
Location: Santee, CA
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I have a B.A. and M.A. in economics. Most of my time since college has been with an economics consulting firm, but I also worked in the transfer pricing practice at a big accounting firm for a short period. The work ranges from mind-numbing to very interesting. It can get very stressful at times. Entry-level work will be menial (data entry, quality control), so accept that now.
Most of my friends from school did not go into consulting. They work at school districts, real estate firms, banks, software companies performing all sorts of functions.
The pay is pretty good. I don't know what new hires get now, but my guess is it is above average. I had two job offers when I graduated. One was with a consulting firm and one with the state. The consulting job paid about a third more than the state job. That pay differential might be much different now.
Some advice: Build you technical skills as much as possible. It surprises me how little recent grads from top schools know how to use Excel, PowerPoint, etc. Learning a statistics program like SAS or STATA will also give you a big advantage when looking for a job, even if your skills are beginner.