What is a Career in Economics & Finance Consulting?

I am very curious about a Career in Economics & Finance Consulting. Unfortunately, it is very difficult to find information about What Economics & Finance Consulting actually is. Most pages on the internet just talk about How to get into Economics & Finance Consulting. I was Googling about aCareer in Economics & Finance Consultingand was lucky to find: https://www.lifepage.in/career/20190227-0001/Science/Statistics/Career-in-Economics-&-Finance-Consulting/english

Manmeet's overview!

With 7 years of professional experience, Manmeet understands Economics & Finance Consulting. Manmeet has worked in Economics & Finance Consulting as Consultant in Planning Commission of India. In Manmeet's own words, this is how Manmeet got into Economics & Finance Consulting:"After graduating in commerce, I went on to do masters in Economics. I also attended winter school in Delhi School of Economics. I have done a course in management from London School of Economics. I did my internship at Planning Commission of India. I have worked at RMS as Business Risk Analyst and as Risk Management Consultant at Inductis. I am Strategy & Operations Head at Nuts for Cuts."I searchedManmeet on Googleand found this profile: https://www.lifepage.in/page/manmeet

Career Video on Economics & Finance Consulting

In a video, Manmeet has talked about various aspects of a Career in Economics & Finance Consulting. Manmeet started by explaining Economics & Finance Consulting as:"Economic consulting is the practice of providing organizations in the public and private sector with information to improve their performance and policies, primarily through the use of applied economics, mathematical economics, economic impact analysis, and forecasting across a broad spectrum of issues."The video was an engaging disposition.

In this video Education was discussed as theoretical topics needed to excel at Economics & Finance Consulting, and not as Qualifications needed to enter Economics & Finance Consulting. Manmeet touches upon these in the Education section of the Video:

  • Workshops & Seminars

  • History of the Area of Expertise

  • Business Policies

  • Statistics

  • Econometrics

  • International Economics

  • Economics

Skills are the most important factor determining success in a particular Career.
Manmeet then explains why these Skills are essential for a Career in Economics & Finance Consulting:

  • Team Work

  • Communication Skills

  • Report Writing Skills

  • Fluency in Fundamentals

  • Theoretical Management Skills

  • Software Skills

  • Quantitative Aptitude

It is important to get an understanding of the Positives of this Career.
Manmeet believes that the following are some of the Positives of a Career in Economics & Finance Consulting:

  • Growth Prospects for Tenured Consultants

  • Rewarding Job for Professors

  • Regard for your Opinions

  • No Geographical Boundaries

  • Working with Best of Brains

After a discussion on Positives, Challenges complete the caricature of a Career.
And, Manmeet believes that one needs to prepare for following Challenges of a Career in Economics & Finance Consulting:

  • Monotony

  • Time Lag in Policy Implementation

  • Bureaucracy

  • Lack of Access to Primary Data

  • Uncertainty in School of Thoughts

In the final section of the video Manmeet talks about How a day goes in a Career in Economics & Finance Consulting. This video is by far the best video on a Career in Economics & Finance Consulting, that I have ever come across. To see the full Talk, one needs to install the LifePage Career Talks App. Here is a direct deep link of the Video: https://lifepage.app.link/20190227-0001

Career Counseling 2.0

This disposition on a Career in Economics & Finance Consulting was just the starting point of my research on LifePage. LifePage isCareer Counseling 2.0- while most platforms continue to use age old psychometric tests to identify hidden skills and interests of individuals. LifePage has turned the tables completely with an Awareness based approach. Read about them on: https://www.lifepage.in

Similar Career Talks on LifePage

I continued with my research on LifePage and thoroughly studied these links to gain more perspective:

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