A student pursuing psychology can work as an independent clinical counsellor or as an industry counsellor, depending upon the specialisation. Principals said it is not just the jobs that attract the students to psychology, but the love and curiosity about the subject. As for economics, principals have called it an evergreen subject, which can be really helpful for securing a job in the present scenario, if combined with statistics or coding.
Saee Pathak, who passed out of Std XII recently with 98.8%, is hoping to pursue a degree in psychology. She said she finds the subject fascinating. “I am very interested in understanding why we behave in a certain way, why two people in the same circumstances will behave differently and also how we can be better people if we understand each other better. I want to pursue a career in clinical psychology,” she said.
Savita Datar, principal of SP College, said she expects the first cut-off marks to be much higher than 90%. “There is a rush for psychology, economics and even political science in arts faculty. Even the postgraduate degree in psychology is much in demand,” she added.
Gautami Thombare, who scored 99.3% in Std XII, is pursuing her graduation in economics from a US university.
“This is a bachelor of science degree in econometrics and quantitative economics. I have loved economics since I took it up in Std XI as I discovered that I love things that have both theory and mathematical parts in them. I had heard about this course in the US from my seniors and I think this will be a good fit for me.”
Jyoti Chandiramani, director Symbiosis School of Economics & Dean Faculty of Humanities and Social Sciences, Symbiosis International, said there is a need to wed economics with the study of multidisciplinary courses.
“These can be econophysics – economics and anthropology and economics and IT for infonomics. For example, urban economic development needs to encompass- applied microeconomics, urban geography, demography and so on. Behavioural economics is another important and popular specialisation coming up beside economics and finance, economics and data sciences. It is also good to study both statistics and mathematics which can be applied to decision science. This is then supported by learning of software like R which does rely on programme coding. Further, if you want to be an analyst, the student will benefit from understanding coding,” Chandiramani said.
One must pursue a master’s degree only if passionate about economics, she added. “Jobs after an undergraduate degree in economics are surely available for most students. It also depends on the career aspirational graph of the student and where they want to see themselves 10 years after graduation. Being an academician, I do encourage a master’s programme in economics as it enhances knowledge levels and provides a more holistic understanding with respect to jobs like a data scientist, a development economics practitioner, an economist with a large corporate or in banking and finance,” she added.