It is unheard of that graduates of Economics register for employment at the JobsPlus. It is customary that students specializing in Economics find employment before even graduating.
Economists are demanded by any organisation seeking an insight and analysis as to make an informed and confident decision. Economists are trained to identify threats and opportunities, and to propose change accordingly.
An economics degree boosts your employability in many areas. Graduates in Economics tend to find employment in areas ranging from market research, consultancies on financial matters and economic policy, economic analysis on competition policy, and possibly to data science.
Both the public and the private sectors offer employment opportunities. Within the non-private sector, economists are required by the Ministry of Finance, National Statistics Office, Central Bank, and Competition and Consumer Affairs Authority. The private sector, on the other hand, provides a more varied list of opportunities including insurance, banking and finance, investment, marketing, and accountancy.
The Faculty of Economics, Accountancy and Management (FEMA) through the Department of Economics provides the possibility to graduate at Bachelor, Masters and doctoral level. Nevertheless, a knowledge of Economics may prove to be useful if you pursue your studies at other faculties/institutes including Information Technology (Computing and Business), European Studies, Statistics, and more recently Blockchain and Distributed Ledger Technologies.
Given that Economics is not offered in all secondary schools, the student population at the Junior College comprises a mix of students. Lecturers assume that students have had not the opportunity to study Economics. You will be surprised with your familiarity of economic concepts. Lecturers start from what you learnt throughout the years without even knowing to the unknown. Throughout the past 25 years, the Department of Economics at the Junior College assisted students successfully both at their Advanced and Intermediate levels.
Students are often encouraged to explain in a variety of methods including written, numerical and diagrammatic formats. If you intend to specialise in Economics at University level, then, you must attain at least a Grade E in Mathematics at Intermediate level.
In the case of students at Advanced level, work is assigned on a weekly basis; Intermediate students, however, have less frequent assignments. Assignments generally reflect the questions as set by MATSEC. Such regular work ultimately contributes to 40% of the global mark. The remaining 60% is based on an annual written examination.
Lectures take one hour (less 5 minutes) making it possible for both lecturers and students to change lecture rooms. At an Advanced level, students are allotted 6 hours on a weekly basis – one hour is utilised as a tutorial. In the case of Intermediate, the course is organised on three lectures per week.
The number of students per class depends on many factors primarily the intake of students per year but the groups size is extremely manageable and allows individual attention. In the case of tutorials, classes are subdivided into small groups thus making it more possible for students to have their specific difficulties addressed by their lecturer/s. Individual difficulties can also be tackled during contact hours.
Notes are provided by the individual lecturer. Such notes vary from the ones utilised by the lecturer during the lecture to more formal ones handed to you throughout the academic year. Nevertheless, you are strongly encouraged to write your own personalised notes on a regular basis by utilising the recommended textbook in addition to other sources such as highly reputable websites specialising in Economics education.
