Career roadmap
How to Become an Economist
The education, training, certifications and steps it takes to start working as an economist, plus how long it takes and where the career can lead.
To become an economist: (1) earn an economics bachelor’s, (2) work as a research assistant, (3) earn a master’s or Ph.D., (4) publish or build portfolio, (5) get hired. Most people need about 2–6 years after a bachelor’s. BLS lists “master's degree” as the typical entry-level education.
5 steps to become an economist
Earn an economics bachelor’s
Take math.
Work as a research assistant
Experience.
Earn a master’s or Ph.D.
Research.
Publish or build portfolio
Show work.
Get hired
Economist role.
Education and training requirements
A master’s degree or Ph.D. in economics is typical.
| Typical entry-level education (BLS) | Master's degree |
|---|---|
| Related work experience | None |
| On-the-job training | None |
| Typical training time | 2–6 years after a bachelor’s |
Certifications and licenses
- Master’s or Ph.D. in economics: Typical.
- Certified Business Economist: NABE credential.
- CFA: Optional for finance.
- Programming certificates: Helpful.
Skills to build now
Start with econometrics, statistics, and economic theory, and practice critical thinking and communication. Learning the economist vocabulary early makes training and interviews easier.
Where the career can lead
- Research Assistant: Entry.
- Economist: Analyze.
- Senior Economist: Lead research.
- Chief Economist: Lead economics.
Get a head start
Our self-paced Economist training gives you a realistic, practical overview of the job (duties, terminology, step-by-step tasks, safety and interview prep) so you can decide with confidence and show employers you’re serious.
Common questions about getting started
How long does it take to become an economist?
Most people need about 2–6 years after a bachelor’s of training. A master’s degree or Ph.D. in economics is typical.
Do you need a degree to be an economist?
Yes. BLS lists a master's degree as the typical entry-level education.
What certifications are available for economists?
Common credentials include Master’s or Ph.D. in economics, Certified Business Economist, CFA, and Programming certificates. Requirements vary by state and employer.
Sources
- U.S. Bureau of Labor Statistics, BLS Occupational Employment and Wage Statistics (OEWS), May 2025, SOC 19-3011 (Economists).
- U.S. Bureau of Labor Statistics, BLS Employment Projections, Table 1.2 (2025–35).
- O*NET OnLine summary for Economists (U.S. Department of Labor).
- BLS Occupational Outlook Handbook.
Reviewed by the Career Education Institute Curriculum Team. Pay figures are national estimates; local pay varies. See our editorial policy.