Average Salary For Economists In South Africa

The Economist is an international weekly newspaper printed in magazine format and published digitally that focuses on current affairs, international business, politics, and technology. 

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Economist Salary In South Africa

The average economist salary in South Africa is R 5 640 480 per year or R 2 893 per hour. Entry-level positions start at R 608 700 per year, while most experienced workers make up to R 9 600 000 per year.

How do I become an economist in South Africa?

In order to become an Economist, you will have to obtain, at minimum, an undergraduate degree (3 years) majoring in economics, as well as an honors degree in economics (1 year).

An Economics major can be done as part of a Bachelor of Social Science degree, a Bachelor of Commerce degree, or a Business Science degree.

Do economists make good money in South Africa?

The average pay for an Economist is ZAR 836,650 a year and ZAR 402 an hour in South Africa.

The average salary range for an Economist is between ZAR 584,616 and ZAR 1,050,764. On average, a Master’s Degree is the highest level of education for an Economist.

Is there a lot of math in economics?

Math and statistics are used in economics, but at the undergraduate degree level, math and statistics are certainly not overwhelming. Economics majors are usually required to take one statistics course and one math course (usually an introductory calculus course).

Is economics a good career?

Yes, it is a good career. An economics graduate will have some unique and highly sought-after skills and in most cases, employment prospects are good. A lot of professionals in banking and accountancy hold economics degrees.

What can I do after an economics degree?

After completing your postgraduation in Economics, you can look forward to bagging job roles like Economist, Accountant, Actuary, Financial Consultant, Financial Planner, Risk Analyst, Investment Analyst, Economic Researcher, Economics Teacher/Professor, and much more.

How many hours do economists work?

Normally work over 40 hours per week to meet deadlines and complete special projects.

Often travel to attend meetings and conferences. Generally, work a set schedule.

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