Here's how you can navigate the choice between academia and industry in economics.

Personal assessment of ones' skill set and determining which sector values those skills most is very importance. For academia, strong research and analytical skills, writing ability, and a passion for teaching are essential. In industry, skills such as data analysis, programming, communication, and problem-solving may be highly valued.

Passion and Interest: Consider where your true passion lies. Are you more interested in conducting research, teaching, and contributing to the academic community, or do you prefer applying economic principles to real-world problems in a practical setting? Career Goals: Determine your long-term career goals. If you aspire to become a professor, conduct research, and contribute to economic theory, academia may be the right path for you. Conversely, if you're interested in applying economic analysis to business, policy, or consulting, industry might be a better fit. Work Environment: Consider the work environment that best suits your preferences. Academia offers a more flexible schedule, opportunities for intellectual stimulation.

Deciding between academia and industry in economics depends on your interests, skills, and goals. If you love research, teaching, and contributing to knowledge, academia might be for you. If you prefer applying economic principles in real-world settings, consider industry roles like finance, consulting, or government. Assess your strengths, values, and lifestyle preferences, gain relevant experience through internships or projects, and stay open to opportunities that align with your career aspirations. Ultimately, choose the path that excites you and offers opportunities for growth and fulfillment.

To make an informed decision between academia and industry in economics, start by self-assessing your strengths, interests, and long-term career goals. Research career options, seek advice from professionals, assess work-life balance, evaluate financial considerations, explore dual-track opportunities, seek experiential learning, consider long-term goals, and stay flexible and open-minded. Consider your academic background, research interests, work-life balance, financial considerations, dual-track opportunities, experiential learning, long-term goals, and the potential for career transitions. Remember that there is no one-size-fits-all answer, and the best choice depends on your unique goals, values, and aspirations.

Economics is that field of human endeavour which requires maximum thinking on how ends must be achieved within the provision of limited resources. Allocation of limited should be observed and target undeniably must be realized.

Try both. It will make whatever career path you land on so much easier, and also give you a unique 'competitive advantage', to quote Economist Adam Smith : )

Focus on playing to your strengths, but strive to be versatile. Changing your path from academia to business, or vice versa, is always possible, no matter the stage in your career. Finding success might not always align with feeling fulfilled, which is why you're free to explore different avenues.

If possible, create a 'third space' by combining the best of both of these worlds. If you stay true to this, your environment will adapt to you over time, rather than you adapting to your given environment.

If possible, create a 'third space' by combining the best of both these worlds. If you stay true to this, your environment will adapt to you over time, rather than you adapting to your given environment.

Stay knowledgeable and truthful with yourself about what kind of work satisfies you the most. Decisions are often swayed by our desires to be viewed a certain way or by false notions of what each field entails. Keep in mind that your career will span many years, and it's you—not your peers—who will be doing the daily work. Pursue what brings you joy.

Financial economists are in charge of managing the economic resources of a company in order to guarantee its competitiveness and growth. They deal with tasks such as planning and executing financial strategies, budget management, and investment optimization. This job requires a high level of training and experience, for this reason its salary is between 60,000 and 140,000 MXN thousand per month.

Before taking any decision, my sincere request- do talk to as many people as you can, from both the sides (academia, industry), from across levels. This will give you a very rich perspective and idea about the journey- from the eyes of people at different stages. We often just look at the final stage, the top job/position (10/20/30 yrs down the line). It's critical to understand what the journey will look like? If you won't enjoy the journey, unlikely that you will reach the top.