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The Bachelor of Economics degree opens up many exciting and
at times lucrative career opportunities. Past graduates have
established careers in a wide range of activities. Some examples
include:
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- Stockbroking
- Management
- Central Banking
- Market Research
- Commercial Consulting
- Merchant Banking
- Commercial Banking
- Political Adviser
- Local Government Administration
- Teaching
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Below are some comment made by recent
Graduates:
Simon Baptist
BEc-BSc, BEc(Hons) 2002
Simon completed the combined degree Bachelor of Economics/Bachelor
of Science from 1998-2001, with majors in Mathematics
and Analytical Economics.
During 2001-02, he completed Honours in Economics,
with his dissertation looking at the structure and sustainability
of energy use in Australian Industry.
Simon says, "I found Science and Economics to be a
really useful and interesting combination, which has
opened up a number of opportunities: For those interested
in policy (either Government or corporate), economics
is a clear choice. Knowledge of the natural and physical
sciences combined with economics gives a unique perspective
in areas such as health, the environment, primary industries,
local government, land use planning and transport." |
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| Advice for students: "have fun while
at university, make the most of the holidays! work hard
at exam time, and gain a real interest in your subjects
by taking the time to read current literature."
"I'm currently working at Treasury in the State Government,
and plan to pursue postgraduate studies in Economics
in the future. "
Highest Academic Achievement: BEc-BSc, BEc(Hons)
Scholarship: Oxford-Australia Trust Scholarship (for
M.Phil in Economics at Oxford)
Other Significant Awards: University Medal, Rona Hagger
Memorial Prize
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Deahne Turnbull
BEc (Hons) 2002
I primarily undertook my undergraduate degree as a
cadet with the Tasmanian Department of Treasury and
Finance. Working full-time and studying part-time provided
a great opportunity to apply some of the skills in a
policy-making environment, I had learnt during my undergraduate
degree.
Upon completion of my undergraduate degree I undertook
Honours full time to further develop my analytical and
economic research skills. I was
fortunate enough to be awarded the DJ Motors Honours
in Economics Scholarship, which not only provided financial
assistance but encouragement for my honours studies,
which proved to be a very challenging but highly rewarding
year.
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| With ambitions to work for the Department
of Foreign Affairs (DFAT), studying economics majoring
in analytical economics and the Asia Pacific economies,
combined with the study of Asian languages provided
the skills necessary to successfully secure a position
with DFAT, which I begin in February 2003.
In order to get the most out of an economics degree
I think it is important to develop a genuine interest
in current economic and social issues.
Studying economics not only provides many interesting
and diverse career opportunities, but also a way in
which to scrutinise and analyse everyday problems
as well as current economic and social policy.
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Lyndon Fahey
BCom, 2002
My greatest concern when choosing a major within the
Commerce degree was that I would be "pigeon-holed" into
a discipline with a reasonably narrow career path and
a knowledge of one specific area. This scared me as
I thought; What if I worked hard for three years to
gain a degree and then didn't like what I was doing?
Or, What if I get a degree and the demand for graduates
in my chosen career path substantially drops?
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| The greatest advantage in undertaking the
Business Economics major within the Commerce degree is
the flexibility that you will gain. Not only does its
broad subject application look extremely attractive to
a wide range of potential employers, it also complements
all other majors in the Commerce degree including Marketing,
Accounting, Information Systems and Human Resources. Most
principles learnt in the Business Economics major can
be related to and applied to these majors in some way.
When I started University I wanted a career in Human
Resource Management so I chose it as one of my majors.
When I graduated I realised that there are thousands
of
people from universities around Australia applying for
a small amount Human Resource jobs.
I am now working at the National Australia Bank as
a Business Banking Officer- a job I would not have acquired
had it not been for the skills and knowledge I had acquired
from the Business Economics major.
In an extremely competitive graduate job market you
need to look employable to as many organisations as
possible and the Business Economics major is diverse
enough to give you opportunities in places that looked
out of reach.
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Rebecca Connor
BEc 2001
Majors: Finance and Analytical Economics (School of
Economics)
I initially chose to undertake an Economics degree
at the University of Tasmania because I felt it was
a more interesting stream than undertaking a straight
Commerce degree. |
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| After completing my first year of the
Economics degree I started on the Cadet program at the
Department of Treasury and Finance and continued my
studies on a part-time basis. After graduating with
a Bachelor of Economics with majors in Financial Markets
and Institutions and Analytical Economics, I started
work at PricewaterhouseCoopers in Melbourne in the Transfer
Pricing group. My role as a Consultant at PricewaterhouseCoopers
involved industry, economic and financial analysis on
the cross border transactions of multinational corporations.
I am soon to commence a new position at Standard and
Poor's in the Structured Finance Group. This role will
involve credit and risk analysis of various structured
finance products such as asset-backed and mortgage-backed
securities.
I believe that an Economics degree can provide a variety
of career paths, as the degree offers many majors which
allow choice in career direction. I have found that
studying economics teaches you a way of thinking rather
than only a way of doing things. This way of thinking
is attractive to employers and with an appropriate choice
of majors, makes economics graduates very employable. |
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Rebecca Chard
BEc, 2001
Prior to undertaking my Economics Degree I had completed
a Bachelor of Nursing approximately 11 years ago at
the University of Tasmania, Launceston campus.
After completing my BEc, I had great aspirations to
enter the field of Health Economics and re-enter the
pharmaceutical industry. I believed that I needed to
leave Tasmania if I was going to realize the true value
and benefit of achieving a Bachelor of Economics. I
could not have been more wrong!
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Having made the decision to stay in Tasmania,
I gained the position of Senior Project Officer at the
Department of Health and Ageing (DoHA). I quickly progressed
to a more senior position as Authorised Officer for
the Commonwealth, involving review and auditing of nursing
home documentation, practices and standards. Whilst
employed at DoHA I made enquiries concerning the selection
process I had faced when I initially applied for the
position and received extremely positive feedback concerning
my Economics Degree. It appeared that selectors highly
favored those applicants with an Economics Degree, as
it was an accurate indicator of academic aptitude, problem
solving and analytical skills. I worked for the Commonwealth
for approximately 14 months before leaving the Department
for another exciting career opportunity as Chief Executive
Officer at Aged and Community Services Tasmania (ACST).
I believe my Economics Degree was paramount in achieving
this position, and facilitating my ability to make sound
recommendations to Board Directors and industry members
regarding financial concerns, market analysis and industry
specific issues. This role provided stimulating learning
opportunities and many occasions to exercise the skills
and knowledge I developed during my Economics Degree.
Most recently I have been appointed to the position
of Director of Nursing at Sandown Village, one of six
nursing facilities within the Southern Cross Care (Tas)
organisation. This is a fantastic position where I am
able to exercise management and leadership skills.
Having an Economics degree greatly increased the demand
for my skills and expertise in the labor market. I was
nothing short of astounded at the number of doors my
Economics Degree was opening for me. The value and benefit
of my Bachelor of Economics only multiplied, as I was
able to combine my qualifications with practical experience
in the workforce. An Economics Degree has enabled me
to pick and choose between different jobs, in different
states, and indeed different countries. Economics is
a degree that is highly regarded universally across
different industries, in a variety of areas ranging
from Project, Financial and Human Resource Management
to name a few.
If increasing employment options, receiving attractive
remuneration packages and enjoying rewarding, stimulating
jobs is important to you, look no further than Economics.
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SuSan Leong BCom,
BEc (Hons) 2002, MEc 2003
I first came to Hobart in 1997 to study Bachelor of
Commerce at the University of Tasmania. After graduating
with majors in accounting and finance, I chose to do
my honours degree in Economics with the School of Economics and Finance.
Other people might see this as a big switch but not
for me. Since I took quite a few Economics subjects
in my commerce degree and enrolled into the transition
program offered by the School, I did not encounter a
lot of difficulties pertaining to the switch.
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The main reason why I chose Economics is that I wanted
to widen my scope of knowledge. In fact, I think economics
is closely related with or even inseparable from one's
everyday life. Therefore, I decided to pursue further
in this field of knowledge, knowing that it is going
to complement my skills from my first degree and that
I will be better equipped for my future career. During
my honours year, I encountered a lot of challenges,
as the course itself was more self-directed compared
to the undergraduate course. In particular, I have learnt
to be more independent in problem solving and time-management.
Also, I have developed my research skills, as I needed
to write up a dissertation under the School's supervision.
The School of Economics and Finance provided a very good learning
environment. I had friendly and helpful colleagues and
a well-equipped study area.
Having achieved first class honours, I had more confidence
in economics-related research. I decided to do a masters
degree in economics by research. During the one and
half years of study, I learned economics and finance
in depth. I learnt a good deal about econometrics software
and techniques. I also gained invaluable working experiences
in conducting workshops and providing research assistance.
Having submitted my master thesis, I went to Bangkok
for a holiday and managed to gain employment as a tax
consultant with Earnst and Young International, Bangkok
Office. This has proved that my tertiary education as
well as my work experiences at the University of Tasmania
and specifically, the School of Economics and Finance are very rewarding.
Lastly, I would like to take this opportunity to encourage
all the prospective economics and/or commerce students
to join the School, because you will not regret it!
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